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Fitch Upgrade Signals Improving Confidence in Sri Lanka’s Post-Crisis Economy

Sep 27, 20262 months ago 4 min read

COLOMBO, September 27, 2026 — Sri Lanka’s latest sovereign credit-rating upgrade by Fitch Ratings is strengthening the country’s position in international financial markets, marking another…

Adverse Weather Affects Nearly 3,500 People Across 15 Districts

Sep 27, 20262 months ago 2 min read

COLOMBO, September 27, 2026 — Adverse weather conditions have affected 3,495 people from 943 families across 104 Divisional Secretariat (DS) divisions in 15 districts, according…

Ending IMF Engagement After 2027 Could Put Sri Lanka’s Economic Recovery at Risk

Sep 27, 20262 months ago 4 min read

COLOMBO, September 27, 2026 — Sri Lanka could face renewed economic instability if it abandons its structural engagement with the International Monetary Fund (IMF) after…

Iran Offers Deal to Reopen Strait of Hormuz Within Seven Days, Raising Hopes for Oil Market Relief

Sep 26, 20262 months ago 5 min read

NEW YORK, September 26, 2026 — Iran has offered the United States a potential agreement that could reopen the Strait of Hormuz within seven days,…

Sri Lanka to Exit IMF Programme in 2027 — What It Means for Businesses and Investors

Sep 26, 20262 months ago 6 min read

COLOMBO, September 26, 2026 — Sri Lanka plans to complete its current International Monetary Fund (IMF) Extended Fund Facility (EFF) programme in March 2027 without…

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…

BUSINESS

ComBank takes Q+ digital payments drive to Jaffna ahead of Nallur Festival

September 8, 2026

Canvasses more than 350 merchants and activates cashback campaign with…

BUSINESS

Sri Lanka, Japan step up efforts to address investor concerns and develop export-oriented industrial corridor

September 8, 2026

The Board of Investment of Sri Lanka (BOI) recently hosted…

BUSINESS

Home Lands completes 60% piling work of ‘Central Park Boulevard Port City Colombo’

September 8, 2026

Home Lands yesterday announced that Central Park Boulevard Port City…

BIZ BREAKING

BUSINESS

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

ECONOMY

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

MARKETS

Colombo Stocks Fall After Budget Presentation; ASPI Drops 133 Points

NATION

Opposition Launches oversight.lk to Track Government Budget Performance

World

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

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Fitch Upgrade Signals Improving Confidence in Sri Lanka’s Post-Crisis Economy

Adverse Weather Affects Nearly 3,500 People Across 15 Districts

Ending IMF Engagement After 2027 Could Put Sri Lanka’s Economic Recovery at Risk

Iran Offers Deal to Reopen Strait of Hormuz Within Seven Days, Raising Hopes for Oil Market Relief

Sri Lanka to Exit IMF Programme in 2027 — What It Means for Businesses and Investors

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

ComBank takes Q+ digital payments drive to Jaffna ahead of Nallur Festival

Sri Lanka, Japan step up efforts to address investor concerns and develop export-oriented industrial corridor

Home Lands completes 60% piling work of ‘Central Park Boulevard Port City Colombo’

BIZ BREAKING

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

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

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

BUSINESS

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

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

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

ECONOMY

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

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

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

MARKETS

Colombo Stocks Fall After Budget Presentation; ASPI Drops 133 Points

Colombo Stocks Close Higher as Turnover Tops Rs. 3 Billion

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

NATION

Opposition Launches oversight.lk to Track Government Budget Performance

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

CBSL Clarifies EY Remains Eligible to Audit Licensed Banks

World

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