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Global Oil Stays Above US$100 as Sri Lanka Holds Fuel Prices Amid Rising Business Costs

Global Oil Stays Above US$100 as Sri Lanka Holds Fuel Prices Amid Rising Business Costs

September 20, 2026
Canada, India Push to Finalise Trade Deal by Year-End

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

September 20, 2026
HIP Hosts National Oil Spill Contingency Plan Workshop Led by MEPA

HIP Hosts National Oil Spill Contingency Plan Workshop Led by MEPA

September 20, 2026
Sri Lanka’s Apparel Sector Targets the Next US$3 Billion in Export Growth

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

September 20, 2026

Sri Lanka Economy Grows 4.2% in Second Quarter of 2026

Sep 16, 2026 2 months ago 3 min read
Sri Lanka Economy Grows 4.2% in Second Quarter of 2026

COLOMBO, September 16, 2026 — Sri Lanka’s economy expanded by 4.2% year-on-year during the second quarter of 2026, according to the latest National Accounts Estimates…

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Aitken Spence Hotels’ Rs. 5 Billion Debenture Issue Fully Taken Up on Opening Day

Sep 16, 2026 2 months ago 2 min read
Aitken Spence Hotels’ Rs. 5 Billion Debenture Issue Fully Taken Up on Opening Day

COLOMBO, September 16, 2026 — Aitken Spence Hotel Holdings PLC has successfully secured strong investor demand for its maiden listed, rated, unsecured, senior redeemable debenture…

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DIMO and Union Bank Join Forces to Expand Vehicle Financing Options

Sep 16, 2026 2 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…

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

Sep 16, 2026 2 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…

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

Sep 15, 2026 2 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…

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ASPI Surges 478 Points as CSE Turnover Tops Rs. 2 Billion in First Hour
BIZ BREAKING

ASPI Surges 478 Points as CSE Turnover Tops Rs. 2 Billion in First Hour

November 5, 2026

COLOMBO, November 5, 2026 — Stocks rallied at the Colombo Stock Exchange during the first hour of trading today, with…

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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…

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WORLD
Journalists missing in Indonesia after volcano mission
September 8, 2026

Indonesian teams were searching on Tuesday for seven people including…

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NATION
Yala’s Drought Shows the Growing Cost of Climate Stress on Sri Lanka Tourism
September 8, 2026

YALA, Sri Lanka, Sept 8 (Reuters) – Mugger crocodiles bask…

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BIZ BREAKING

ASPI Surges 478 Points as CSE Turnover Tops Rs. 2 Billion in First Hour

ASPI Surges 478 Points as CSE Turnover Tops Rs. 2 Billion in First Hour

November 5, 2026
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

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BUSINESS

JAT Holdings’ Revenue Rises 36% to Rs. 7.01 Billion as Foreign Operations More Than Double

JAT Holdings’ Revenue Rises 36% to Rs. 7.01 Billion as Foreign Operations More Than Double

November 5, 2026
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

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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

Colombo Stocks Close Higher as Banking Gains Lift Turnover Above Rs. 3.9 Billion

Colombo Stocks Close Higher as Banking Gains Lift Turnover Above Rs. 3.9 Billion

November 5, 2026
Colombo Stocks Rise as Dialog, Overseas Realty and Hayleys Lead Gains; Turnover Tops Rs. 1.5 Billion

Colombo Stocks Rise as Dialog, Overseas Realty and Hayleys Lead Gains; Turnover Tops Rs. 1.5 Billion

November 4, 2026
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

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NATION

Fitch Upgrades People’s Leasing, MBSL and CBC Finance; Outlooks Stable

Fitch Upgrades People’s Leasing, MBSL and CBC Finance; Outlooks Stable

November 5, 2026
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

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World

‘Next Barack Obama’ Emerges as Clear Frontrunner for 2028 US Presidential Race

‘Next Barack Obama’ Emerges as Clear Frontrunner for 2028 US Presidential Race

November 5, 2026
Laurini Officine Meccaniche Unveils 150-Ton Demolition Giant with 50-Meter Reach at World Demolition Summit in Madrid

Laurini Officine Meccaniche Unveils 150-Ton Demolition Giant with 50-Meter Reach at World Demolition Summit in Madrid

November 4, 2026
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

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