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

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

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

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

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

October 31, 2026

Oil Tops $100 as Middle East Tensions Raise Fresh Risks for Sri Lanka’s Economy

Sep 12, 2026 2 months ago 2 min read
Oil Tops $100 as Middle East Tensions Raise Fresh Risks for Sri Lanka’s Economy
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Modi, Putin Move to Strengthen Ties as Russia Pushes for Greater BRICS Role

Sep 12, 2026 2 months ago 3 min read
Modi, Putin Move to Strengthen Ties as Russia Pushes for Greater BRICS Role

Indian Prime Minister Narendra Modi and Russian President Vladimir Putin have agreed to further strengthen their long-standing strategic partnership, as Moscow called for the BRICS…

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Historic Galle Lighthouse Restored to Protect Sri Lanka’s Heritage

Sep 12, 2026 2 months ago 2 min read
Historic Galle Lighthouse Restored to Protect Sri Lanka’s Heritage
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Colombo Stock Market Ends Week on a Mixed Note

Sep 12, 2026 2 months ago 2 min read
Colombo Stock Market Ends Week on a Mixed Note
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HNB Finance strengthens Board with four Independent Non-Executive Directors

Sep 11, 2026 2 months ago 4 min read
HNB Finance strengthens Board with four Independent Non-Executive Directors

From left: Renuke Wijayawardhane, Shanti Gnanapragasam, Nabiha Mohamed and Dr. Thisuri Wanniarachchi HNB Finance Plc has strengthened its Board with the appointment of four Independent…

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

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BIZ BREAKING
India and Sri Lanka to sign three new defence MoUs during Rajnath Singh’s visit
September 1, 2026

Rajnath Singh to meet Sri Lankan leadership Indian-funded reconstruction projects…

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BIZ BREAKING

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

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

October 31, 2026
Union Bank’s Nine-Month Profit After Tax More Than Doubles to Rs. 701 Million

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

October 30, 2026
Ceylon Chamber Urges Review of Draft Laws to Protect Investor Confidence and GSP+ Access

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

October 29, 2026

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BUSINESS

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

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

October 30, 2026
Japan Grants Rs. 4.56 Billion for Kelani River Pumping Project to Protect Businesses and Communities

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

October 29, 2026
IMF Technology Chief Urges Strong Governance and Public Trust in AI-Driven Central Banking

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

October 28, 2026

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ECONOMY

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

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

October 29, 2026
Cabinet Clears US$100 Million ADB Loan Agreement for Economic Recovery Programme

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

October 28, 2026

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MARKETS

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

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

October 28, 2026

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NATION

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

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

October 29, 2026
President Orders Faster Completion of Katunayake Airport Capacity Expansion Projects

President Orders Faster Completion of Katunayake Airport Capacity Expansion Projects

October 28, 2026

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World

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

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

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

October 31, 2026

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