Latest news

Zhang Yiming Becomes Asia’s Richest Person Driven by ByteDance’s AI Surge

Zhang Yiming Becomes Asia’s Richest Person Driven by ByteDance’s AI Surge

September 17, 2026
US Reportedly Moves Toward $2.8 Billion Arms Package for Israel

US Reportedly Moves Toward $2.8 Billion Arms Package for Israel

September 16, 2026
Sri Lanka Economy Grows 4.2% in Second Quarter of 2026

Sri Lanka Economy Grows 4.2% in Second Quarter of 2026

September 16, 2026
Aitken Spence Hotels’ Rs. 5 Billion Debenture Issue Fully Taken Up on Opening Day

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

September 16, 2026

Colombo Port Capacity to Increase by 1.5 Million TEUs as Sri Lanka Targets Continued Growth

Sep 13, 2026 2 months ago 5 min read
Colombo Port Capacity to Increase by 1.5 Million TEUs as Sri Lanka Targets Continued Growth

COLOMBO — Colombo Port is set to expand its handling capacity by a further 1.5 million twenty-foot equivalent units (TEUs), as Sri Lanka moves to…

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BRICS Summit 2026: New Delhi Declaration Signals Deeper Trade, Local-Currency Payments and a More Integrated Emerging-Market Economy

Sep 13, 2026 2 months ago 12 min read
BRICS Summit 2026: New Delhi Declaration Signals Deeper Trade, Local-Currency Payments and a More Integrated Emerging-Market Economy

xNEW DELHI, September 13, 2026 — BRICS leaders adopted the New Delhi Declaration on Saturday, the first day of the 18th BRICS Summit, setting out…

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Colombo Stock Exchange Breaks Three-Day Losing Streak, Ends Week Higher

Sep 12, 2026 2 months ago 2 min read
Colombo Stock Exchange Breaks Three-Day Losing Streak, Ends Week Higher
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CMTA Warns of Rs. 40 Billion Revenue Loss, Calls for Fairer Vehicle Tax Rules

Sep 12, 2026 2 months ago 6 min read
CMTA Warns of Rs. 40 Billion Revenue Loss, Calls for Fairer Vehicle Tax Rules
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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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CAL Signs Deal to Acquire 51% of Hong Kong Fund Manager Asia Frontier Capital
BIZ BREAKING

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

November 3, 2026

COLOMBO, November 3, 2026 — Capital Alliance Holdings PLC (CAL) has signed an agreement to acquire a 51% stake in…

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NATION
Deputy Minister rejects claims of shifting tax terms at Port City after investor backlash
September 8, 2026

Industry and Entrepreneurship Development Deputy Minister Chathuranga Abeysinghe was drawn…

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NATION
President expects favourable SC ruling on controversial 22nd Amendment
September 8, 2026

President Anura Kumara Dissanayake said the 22nd Amendment to the…

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NATION
India’s defence minister Rajnath Singh to visit Sri Lanka today
September 8, 2026

Indian Defence Minister Rajnath Singh is scheduled to arrive in…

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BIZ BREAKING

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
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

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BUSINESS

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
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

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ECONOMY

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
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

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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

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
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

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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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