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DIMO and Union Bank Join Forces to Expand Vehicle Financing Options

Sep 16, 20262 months ago 2 min read

DIMO and Union Bank Join Forces to Expand Vehicle Financing Options

COLOMBO, September 16, 2026 — DIMO has partnered with Union Bank PLC to provide exclusive financing solutions for customers purchasing selected TATA Commercial Vehicles, TATA…

Cabinet Approves US$112 Million Waterfront Investment in Colombo Port City

Sep 16, 20262 months ago 2 min read

Cabinet Approves US$112 Million Waterfront Investment in Colombo Port City

COLOMBO, September 16, 2026 — The Cabinet of Ministers has approved a major investment proposal that will see Prime Melwa (Pvt) Ltd develop a landmark…

Rumesh Tharanga returns to Sri Lanka after victory at World Athletics Ultimate Championship

Sep 15, 20262 months ago 1 min read

Rumesh Tharanga returns to Sri Lanka after victory at World Athletics Ultimate Championship

Sri Lankan javelin star Rumesh Tharanga has returned to the island this morning after winning the men’s javelin throw title at the World Athletics Ultimate…

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

Sep 14, 20262 months ago 3 min read

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

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

Asia Asset Finance Raises Rs. 1.5 Billion Through Rights Issue

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…

Crypto Cannot Be Used for Domestic Payments, CBSL Governor Says

Crypto Cannot Be Used for Domestic Payments, CBSL Governor Says

November 4, 2026

COLOMBO, November 4, 2026 — Digital assets cannot be used for payments between residents under Sri Lanka’s current legal framework,…

Canada, India Push to Finalise Trade Deal by Year-End

September 20, 2026

MUMBAI, September 20, 2026 — Canada remains optimistic about concluding…

HIP Hosts National Oil Spill Contingency Plan Workshop Led by MEPA

September 20, 2026

HAMBANTOTA, September 20, 2026 — Hambantota International Port (HIP) recently…

Sri Lanka’s Apparel Sector Targets the Next US$3 Billion in Export Growth

September 20, 2026

COLOMBO, September 20, 2026 — Sri Lanka’s apparel industry is…

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BIZ BREAKING

Crypto Cannot Be Used for Domestic Payments, CBSL Governor Says

Crypto Cannot Be Used for Domestic Payments, CBSL Governor Says

November 4, 2026

CAL Signs Deal to Acquire 51% of Hong Kong Fund Manager Asia Frontier Capital

CAL Signs Deal to Acquire 51% of Hong Kong Fund Manager Asia Frontier Capital

November 3, 2026

Sri Lanka’s Exports Hit Record US$1.38 Billion, but September Current Account Posts US$128 Million Deficit

Sri Lanka’s Exports Hit Record US$1.38 Billion, but September Current Account Posts US$128 Million Deficit

November 2, 2026

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BUSINESS

JKH’s Attributable Profit Surges 213% to Rs. 5.17 Billion in Q2; PBT Reaches Rs. 7.95 Billion

JKH’s Attributable Profit Surges 213% to Rs. 5.17 Billion in Q2; PBT Reaches Rs. 7.95 Billion

November 4, 2026

Hayleys Solar Inaugurates Two Kosgama Projects with Combined Capacity of 5 MW

Hayleys Solar Inaugurates Two Kosgama Projects with Combined Capacity of 5 MW

November 3, 2026

Home Lands Showcases Sri Lankan Property Investment Opportunities in Ottawa

Home Lands Showcases Sri Lankan Property Investment Opportunities in Ottawa

November 2, 2026

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ECONOMY

LAUGFS Seeks Temporary Hambantota Terminal Access as Three LPG Shipments Due in November

LAUGFS Seeks Temporary Hambantota Terminal Access as Three LPG Shipments Due in November

November 4, 2026

CPC Raises Petrol and Diesel Prices; Lanka IOC Matches Two Fuel Rates

CPC Raises Petrol and Diesel Prices; Lanka IOC Matches Two Fuel Rates

November 2, 2026

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

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

October 30, 2026

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MARKETS

ASPI Falls 10.97% in Ten Months as October Wipes Rs. 441 Billion Off Market Value

ASPI Falls 10.97% in Ten Months as October Wipes Rs. 441 Billion Off Market Value

November 2, 2026

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

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

October 30, 2026

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

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

October 29, 2026

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NATION

Cabinet Approves Rs. 3.33 Billion to Restore Cyclone-Damaged Roads

Cabinet Approves Rs. 3.33 Billion to Restore Cyclone-Damaged Roads

November 4, 2026

Fuel Import Costs Up 50%, Limiting Price Relief Despite Rs. 57 Billion Subsidy Allocation: Minister

Fuel Import Costs Up 50%, Limiting Price Relief Despite Rs. 57 Billion Subsidy Allocation: Minister

November 3, 2026

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

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

October 30, 2026

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World

Oil Prices Rise After Reported US Strike on Iran’s Qeshm Island

Oil Prices Rise After Reported US Strike on Iran’s Qeshm Island

November 3, 2026

Tucker Carlson Warns of Possible Nuclear Strike on Iran Within Days — Markets and Energy Supply at Risk.

November 2, 2026

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

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

October 31, 2026

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BIZ BREAKING

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