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Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

October 31, 2026

Oil Hits Six-Month High as Hormuz Tanker Attack Deepens Iran Escalation Fears

October 31, 2026

Binance Reserves US$6.34 Billion to Cover Losses as Partners Freeze US$3 Billion in Crypto

October 31, 2026

Binance Hit by Record US$6.3 Billion Crypto Theft as Analysts Point to North Korea

October 31, 2026

Sri Lanka Stocks Show Signs of Recovery as CSE Trading Remains Volatile

Sep 14, 20262 months ago 3 min read

COLOMBO, September 14, 2026 — Sri Lanka’s stock market showed signs of recovery during Monday’s trading session, with the Colombo Stock Exchange (CSE) benchmarks moving…

Asia Asset Finance Raises Rs. 1.5 Billion Through Rights Issue

Sep 14, 20262 months ago 1 min read

Sri Lanka’s Asia Asset Finance PLC has raised approximately Rs. 1.5 billion through a rights issue, strengthening its capital base as the company moves forward…

MullenLowe Group Sri Lanka Becomes BBDO Sri Lanka

Sep 14, 20262 months ago 3 min read

MullenLowe Group Sri Lanka has transitioned to BBDO Sri Lanka following Omnicom’s global integration, marking the next chapter for an agency built on strong creative…

Sri Lanka’s Foreign Reserves Rise to US$6.9 Billion on Record Dollar Purchases

Sep 14, 20262 months ago 4 min read

Sri Lanka’s gross official foreign reserves increased to a provisional US$6.9 billion by the end of August 2026, reaching their highest level in five months…

Sri Lanka Launches Islandwide Dengue Control Programme Amid Rising Risk

Sep 14, 20262 months ago 1 min read

The Sri Lankan Government has launched a special islandwide dengue-control programme from today (September 14) to September 19, as authorities take preventive measures against a…

BIZ BREAKING

Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

October 31, 2026

COLOMBO, October 31, 2026 — Fitch Ratings has upgraded the National Long-Term Ratings of Bank of Ceylon, People’s Bank and…

WORLD

Handful of Men Have Almost Unlimited Power Over AI : UN Rights Chief

September 8, 2026

United Nations High Commissioner for Human Rights Volker Türk has…

WORLD

Panama Canal May Slash Ship Traffic Further as Powerful El Niño Intensifies

September 8, 2026

Panama could impose further restrictions on ship traffic through the…

WORLD

Journalists missing in Indonesia after volcano mission

September 8, 2026

Indonesian teams were searching on Tuesday for seven people including…

BIZ BREAKING

BUSINESS

ECONOMY

Apparel Exports Rise 3.47% in September, but Nine-Month Earnings Remain 5.52% Lower

MARKETS

CSE Recovery Enters Third Session as ASPI Jumps 297 Points Above 20,250

NATION

Centrum Air Connects Tashkent and Mattala with Twice-Weekly Direct Flights

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Latest news

Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

Oil Hits Six-Month High as Hormuz Tanker Attack Deepens Iran Escalation Fears

Binance Reserves US$6.34 Billion to Cover Losses as Partners Freeze US$3 Billion in Crypto

Binance Hit by Record US$6.3 Billion Crypto Theft as Analysts Point to North Korea

Sri Lanka Stocks Show Signs of Recovery as CSE Trading Remains Volatile

Asia Asset Finance Raises Rs. 1.5 Billion Through Rights Issue

MullenLowe Group Sri Lanka Becomes BBDO Sri Lanka

Sri Lanka’s Foreign Reserves Rise to US$6.9 Billion on Record Dollar Purchases

Sri Lanka Launches Islandwide Dengue Control Programme Amid Rising Risk

Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

Handful of Men Have Almost Unlimited Power Over AI : UN Rights Chief

Panama Canal May Slash Ship Traffic Further as Powerful El Niño Intensifies

Journalists missing in Indonesia after volcano mission

BIZ BREAKING

Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

Union Bank’s Nine-Month Profit After Tax More Than Doubles to Rs. 701 Million

Ceylon Chamber Urges Review of Draft Laws to Protect Investor Confidence and GSP+ Access

BUSINESS

Sri Lanka Launches AgriConnect with US$665 Million in Investment Backing to Support Farmers and Agribusinesses

Japan Grants Rs. 4.56 Billion for Kelani River Pumping Project to Protect Businesses and Communities

IMF Technology Chief Urges Strong Governance and Public Trust in AI-Driven Central Banking

ECONOMY

Apparel Exports Rise 3.47% in September, but Nine-Month Earnings Remain 5.52% Lower

World Bank Forecasts 23% Rise in Commodity Prices as Energy and Food Costs Climb

Cabinet Clears US$100 Million ADB Loan Agreement for Economic Recovery Programme

MARKETS

CSE Recovery Enters Third Session as ASPI Jumps 297 Points Above 20,250

Colombo Stocks Rise as Banking and Telecom Gains Lift Turnover Above Rs. 2.2 Billion

CSE Targets Record Rs. 200 Billion in Capital Raising as New Investment Products Take Shape

NATION

Centrum Air Connects Tashkent and Mattala with Twice-Weekly Direct Flights

Central Bank Names 27 Prohibited Scheme Entries, Warns Public Over Companies and Apps

President Orders Faster Completion of Katunayake Airport Capacity Expansion Projects

World

Oil Hits Six-Month High as Hormuz Tanker Attack Deepens Iran Escalation Fears

Binance Reserves US$6.34 Billion to Cover Losses as Partners Freeze US$3 Billion in Crypto

Binance Hit by Record US$6.3 Billion Crypto Theft as Analysts Point to North Korea