Latest news

China Extends Suspension of 24% Additional Tariff on US Goods for Two Months

China Extends Suspension of 24% Additional Tariff on US Goods for Two Months

November 9, 2026
Sri Lanka’s Remittances Reach US$735.6 Million in October; Ten-Month Inflows Top US$7.6 Billion

Sri Lanka’s Remittances Reach US$735.6 Million in October; Ten-Month Inflows Top US$7.6 Billion

November 9, 2026
Fitch Upgrades Commercial Bank to ‘AA(lka)’ Following National Rating Scale Recalibration

Fitch Upgrades Commercial Bank to ‘AA(lka)’ Following National Rating Scale Recalibration

November 9, 2026
JAAF Backs Fresh GSP+ Application to Protect Sri Lanka’s EU Market Access

JAAF Backs Fresh GSP+ Application to Protect Sri Lanka’s EU Market Access

November 9, 2026

Government Announces Rs. 41 Billion Fuel Subsidy for Three Months

Sep 28, 2026 2 months ago 2 min read
Government Announces Rs. 41 Billion Fuel Subsidy for Three Months

GAMPAHA, September 27, 2026 — President Anura Kumara Dissanayake has announced that the Government will introduce a Rs. 41 billion fuel subsidy covering the next…

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Rupee Weakens Against Dollar as Selling Rates Move Towards Rs. 335

Sep 28, 2026 2 months ago 2 min read
Rupee Weakens Against Dollar as Selling Rates Move Towards Rs. 335

COLOMBO, September 28, 2026 — The Sri Lankan Rupee weakened further against the US Dollar at several commercial banks today, with dollar selling rates moving…

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Sri Lanka sets sights on 4 million tourists and US$8 billion tourism revenue by 2030

Sep 27, 2026 2 months ago 4 min read
Sri Lanka sets sights on 4 million tourists and US$8 billion tourism revenue by 2030

COLOMBO, September 27, 2026 — Sri Lanka is targeting four million tourist arrivals and US$8 billion in annual tourism revenue by 2030, as the Government…

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Minister Sunil Handunnetti joins Ceylon Gemlogue ’26 as Sri Lanka charts new direction for gem industry

Sep 27, 2026 2 months ago 4 min read
Minister Sunil Handunnetti joins Ceylon Gemlogue ’26 as Sri Lanka charts new direction for gem industry

COLOMBO, September 27, 2026 — Minister of Industry and Entrepreneurship Development Sunil Handunnetti attended the inaugural session of Ceylon Gemlogue ’26 in Colombo today, as…

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Iran Pushes for Diplomacy After Trump Rejects Hormuz Peace Proposal

Sep 27, 2026 2 months ago 4 min read
Iran Pushes for Diplomacy After Trump Rejects Hormuz Peace Proposal

NEW YORK, September 27, 2026 — Iran is continuing to call for a negotiated settlement to its conflict with the United States and Israel after…

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Budget 2027 Targets Rs. 6.18 Trillion in Revenue and Grants, Deficit at 4.5% of GDP
BIZ BREAKING

Budget 2027 Targets Rs. 6.18 Trillion in Revenue and Grants, Deficit at 4.5% of GDP

November 13, 2026

COLOMBO, November 13, 2026 — Sri Lanka’s 2027 Budget estimates total government revenue and grants at Rs. 6,180 billion, with…

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MARKETS
Sri Lanka stocks trend down midday Tuesday
September 8, 2026

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange indices were trading…

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MARKETS
Stocks Slip as Rising Oil, Inflation Risks and Geopolitical Tensions Rattle Markets
September 8, 2026

Global stocks edged lower on Monday as surging oil prices,…

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BUSINESS
Sri Lanka hosts 11 Asian nations to showcase JICA-backed farming success
September 8, 2026

The Japan International Cooperation Agency (JICA) and the Agriculture Department…

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BIZ BREAKING

Budget 2027 Targets Rs. 6.18 Trillion in Revenue and Grants, Deficit at 4.5% of GDP

Budget 2027 Targets Rs. 6.18 Trillion in Revenue and Grants, Deficit at 4.5% of GDP

November 13, 2026
President Reviews Final 2027 Budget Proposals, Pledges Wider Benefits from Economic Stability

President Reviews Final 2027 Budget Proposals, Pledges Wider Benefits from Economic Stability

November 11, 2026
CBSL Bars EY Audit Partners from Banking Audits Following Rs. 13.6 Billion NDB Fraud

CBSL Bars EY Audit Partners from Banking Audits Following Rs. 13.6 Billion NDB Fraud

November 10, 2026

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BUSINESS

Ceylon Chamber Says Budget 2027 Could Do More to Attract Foreign Investment

Ceylon Chamber Says Budget 2027 Could Do More to Attract Foreign Investment

November 14, 2026
Hayleys Reports US$1 Billion First-Half Revenue Milestone as Pre-Tax Profit Rises 49%

Hayleys Reports US$1 Billion First-Half Revenue Milestone as Pre-Tax Profit Rises 49%

November 14, 2026
ComBank Group Nine-Month Income Rises 18.9% to Rs. 318.8 Billion; Profit Reaches Rs. 52.2 Billion

ComBank Group Nine-Month Income Rises 18.9% to Rs. 318.8 Billion; Profit Reaches Rs. 52.2 Billion

November 13, 2026

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ECONOMY

SEC Welcomes Budget 2027 Measures to Broaden Capital Market Access for Students and SMEs

SEC Welcomes Budget 2027 Measures to Broaden Capital Market Access for Students and SMEs

November 13, 2026
President to Present 2027 Budget Today with Rs. 4.99 Trillion in Proposed Expenditure

President to Present 2027 Budget Today with Rs. 4.99 Trillion in Proposed Expenditure

November 12, 2026
Sri Lanka’s Remittances Reach US$735.6 Million in October; Ten-Month Inflows Top US$7.6 Billion

Sri Lanka’s Remittances Reach US$735.6 Million in October; Ten-Month Inflows Top US$7.6 Billion

November 9, 2026

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MARKETS

Colombo Stocks Fall After Budget Presentation; ASPI Drops 133 Points

Colombo Stocks Fall After Budget Presentation; ASPI Drops 133 Points

November 14, 2026
Colombo Stocks Close Higher as Turnover Tops Rs. 3 Billion

Colombo Stocks Close Higher as Turnover Tops Rs. 3 Billion

November 13, 2026
ASPI Surges 592 Points Above 22,000 as CSE Turnover Hits Rs. 7.95 Billion

ASPI Surges 592 Points Above 22,000 as CSE Turnover Hits Rs. 7.95 Billion

November 10, 2026

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NATION

Opposition Launches oversight.lk to Track Government Budget Performance

Opposition Launches oversight.lk to Track Government Budget Performance

November 12, 2026
Handunnetti Participates as National Sathosa Opens First Wholesale Outlet in Matara Following Revival

Handunnetti Participates as National Sathosa Opens First Wholesale Outlet in Matara Following Revival

November 11, 2026
CBSL Clarifies EY Remains Eligible to Audit Licensed Banks

CBSL Clarifies EY Remains Eligible to Audit Licensed Banks

November 11, 2026

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World

Nvidia Falls Nearly 7.5% at Open, Erasing US$335 Billion Before Paring Losses

Nvidia Falls Nearly 7.5% at Open, Erasing US$335 Billion Before Paring Losses

November 10, 2026
Oil Plunges More Than US$7 as Trump Signals Restraint on Iran Strikes

Oil Plunges More Than US$7 as Trump Signals Restraint on Iran Strikes

November 10, 2026
China Extends Suspension of 24% Additional Tariff on US Goods for Two Months

China Extends Suspension of 24% Additional Tariff on US Goods for Two Months

November 9, 2026

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