Hayleys Solar Launches 24/7 Operations Centre to Monitor Renewable Energy Assets

Oct 23, 2026 5 days ago 3 min read
Hayleys Solar Launches 24/7 Operations Centre to Monitor Renewable Energy Assets

COLOMBO, October 23, 2026 — Hayleys Solar has introduced a dedicated 24-hour Renewable Energy Operations Centre (ROC), bringing renewable energy assets onto a centralised digital…

Hambantota Port Targets Two Million TEU Capacity as Suez Return Opens New Opportunities

Oct 23, 2026 5 days ago 4 min read
Hambantota Port Targets Two Million TEU Capacity as Suez Return Opens New Opportunities

COLOMBO, October 23, 2026 — Hambantota International Port is preparing to increase its annual container handling capacity to two million TEUs in the first quarter…

Colombo Stocks End Lower as Crossings Account for 77.6% of Turnover

Oct 23, 2026 5 days ago 2 min read
Colombo Stocks End Lower as Crossings Account for 77.6% of Turnover

COLOMBO, October 23, 2026 — Colombo stock market indices closed lower as price declines in Distilleries, Hatton National Bank and Dialog Axiata weighed on the…

ADB Approves US$100 Million to Expand Livelihood Support and Social Protection in Sri Lanka

Oct 22, 2026 6 days ago 2 min read
ADB Approves US$100 Million to Expand Livelihood Support and Social Protection in Sri Lanka

COLOMBO, October 22, 2026 — The Asian Development Bank (ADB) has approved US$100 million in financing to strengthen Sri Lanka’s social protection system, expand economic…

NDB Reports Rs. 7.7 Billion Nine-Month Profit After Fraud Charges; Q3 Earnings Reach Rs. 2.9 Billion

Oct 22, 2026 6 days ago 3 min read
NDB Reports Rs. 7.7 Billion Nine-Month Profit After Fraud Charges; Q3 Earnings Reach Rs. 2.9 Billion

COLOMBO, October 22, 2026 — National Development Bank PLC (NDB) reported a post-tax profit of Rs. 7.7 billion for the nine months ended September 30,…

BIZ BREAKING

BOI Accelerates Northern Province Investment Drive with Two New Export Processing Zones

Oct 7, 2026 3 weeks ago 4 min read
BOI Accelerates Northern Province Investment Drive with Two New Export Processing Zones

JAFFNA, October 7, 2026 — The Board of Investment of Sri Lanka (BOI) is accelerating plans to transform the Northern Province into a new investment and export hub, with the proposed Export Processing Zones (EPZs) at Paranthan and Kankesanthurai (KKS)…

Sri Lanka, ADB Map Out Development Priorities for 2026–2029

Oct 6, 2026 3 weeks ago 2 min read
Sri Lanka, ADB Map Out Development Priorities for 2026–2029

COLOMBO, October 6, 2026 — Sri Lanka and the Asian Development Bank (ADB) have begun discussions on a multi-year development programme for 2026–2029, with the government seeking to prioritise projects that can accelerate economic development while supporting fiscal targets and…

Sri Lanka Locks In 5% Inflation Target for Next Three Years

Oct 3, 2026 4 weeks ago 3 min read
Sri Lanka Locks In 5% Inflation Target for Next Three Years

COLOMBO, October 3, 2026 — Sri Lanka has formally locked in a 5% inflation target for the next three years, reinforcing price stability as the central anchor for monetary policy and providing businesses and investors with a clearer medium-term economic…

Govt Opens Rs. 95 Billion Financing Push for Businesses in Record Credit Drive

Oct 2, 2026 4 weeks ago 3 min read
Govt Opens Rs. 95 Billion Financing Push for Businesses in Record Credit Drive

COLOMBO, October 2, 2026 — Sri Lankan businesses are set to gain access to a record Rs. 95 billion in concessionary financing in 2026, with Rs. 25 billion specifically allocated to small and medium-sized enterprises (SMEs) as the government moves…

BUSINESS

JETOUR Expands Sri Lankan Footprint with Second Showroom at Colombo City Centre

Oct 11, 2026 2 weeks ago 2 min read
JETOUR Expands Sri Lankan Footprint with Second Showroom at Colombo City Centre

COLOMBO, October 11, 2026 — Chinese automotive brand JETOUR is expanding its retail presence in Sri Lanka with the opening of its second showroom at…

Sri Lankan Exporters Secure US$50,000 in Orders at Maldives Trade Exhibition, Negotiate Further US$150,000

Oct 9, 2026 3 weeks ago 3 min read
Sri Lankan Exporters Secure US$50,000 in Orders at Maldives Trade Exhibition, Negotiate Further US$150,000

COLOMBO, October 9, 2026 — Sri Lankan exporters have secured approximately US$50,000 in confirmed orders and are negotiating a further US$150,000 in potential business following…

Prime Expands Sri Lankan Real Estate’s Global Reach, Driving FDI and Foreign Currency Inflows

Oct 8, 2026 3 weeks ago 3 min read
Prime Expands Sri Lankan Real Estate’s Global Reach, Driving FDI and Foreign Currency Inflows

MELBOURNE, October 8, 2026 — Prime Group is strengthening Sri Lanka’s position as an international real estate investment destination, following recognition for its contribution to…

CSE and Commercial Bank Join Forces to Expand Capital Market Access for Sri Lankan Businesses

Oct 7, 2026 3 weeks ago 3 min read
CSE and Commercial Bank Join Forces to Expand Capital Market Access for Sri Lankan Businesses

COLOMBO, October 7, 2026 — The Colombo Stock Exchange (CSE) and Commercial Bank of Ceylon PLC have entered into a Memorandum of Understanding (MoU) to…

ECONOMY

Sri Lanka Economy Returns to Pre-Crisis Levels, but Recovery Remains Uneven – World Bank

Oct 6, 2026 3 weeks ago 4 min read
Sri Lanka Economy Returns to Pre-Crisis Levels, but Recovery Remains Uneven – World Bank

COLOMBO, October 6, 2026 — Sri Lanka’s economy has returned to pre-crisis levels, marking a major milestone in the country’s recovery, but the benefits of…

Sri Lanka’s Tax Revenue Surpasses Rs. 2 Trillion in First Nine Months of 2026

Oct 3, 2026 4 weeks ago 2 min read
Sri Lanka’s Tax Revenue Surpasses Rs. 2 Trillion in First Nine Months of 2026

COLOMBO, October 3, 2026 — Sri Lanka’s Inland Revenue Department (IRD) collected more than Rs. 2.04 trillion in tax revenue during the first nine months…

Sri Lanka Plans Simpler Tax System, Customs Levies to Be Phased Out From 2027

Oct 2, 2026 4 weeks ago 3 min read
Sri Lanka Plans Simpler Tax System, Customs Levies to Be Phased Out From 2027

COLOMBO, October 2, 2026 — The government plans to introduce a simplified tax framework from 2027, including the gradual removal of additional levies imposed alongside…

Fuel Prices Rise as New Rates Take Effect Across Sri Lanka

Oct 1, 2026 4 weeks ago 2 min read
Fuel Prices Rise as New Rates Take Effect Across Sri Lanka

COLOMBO, October 1, 2026 — Revised fuel prices have come into effect across Sri Lanka from today, with the Ceylon Petroleum Corporation (CPC) increasing the…

MARKETS

Banking Strength Fails to Reverse CSE Slide as ASPI Falls 42 Points

Oct 3, 2026 4 weeks ago 4 min read
Banking Strength Fails to Reverse CSE Slide as ASPI Falls 42 Points

COLOMBO, October 3, 2026 — Strength in banking and financial counters failed to offset broader selling pressure at the Colombo Stock Exchange (CSE) yesterday, with…

CSE Snaps Six-Session Losing Streak as Buying Interest Improves

Oct 2, 2026 4 weeks ago 3 min read
CSE Snaps Six-Session Losing Streak as Buying Interest Improves

COLOMBO, October 2, 2026 — The Colombo Stock Exchange snapped a six-session losing streak on Thursday, with both benchmark indices closing higher as buying interest…

CSE Indices Close Lower as Turnover Tops Rs. 1.6 Billion

Oct 1, 2026 4 weeks ago 2 min read
CSE Indices Close Lower as Turnover Tops Rs. 1.6 Billion

COLOMBO, October 1, 2026 — Sri Lanka’s stock market closed lower, with both benchmark indices ending in negative territory as price declines in key counters…

CSE Slips Below 21,000 as Turnover Hits Year-to-Date Low

Sep 29, 2026 4 weeks ago 3 min read
CSE Slips Below 21,000 as Turnover Hits Year-to-Date Low

COLOMBO, September 28, 2026 — The Colombo Stock Exchange started the week under pressure, with the benchmark ASPI falling below the 21,000 level as broad-based…

NATION

Rs. 12 Billion Hospital Complex Planned for Dambulla to Ease Overcrowding

Oct 11, 2026 2 weeks ago 2 min read
Rs. 12 Billion Hospital Complex Planned for Dambulla to Ease Overcrowding

DAMBULLA, October 11, 2026 — A new hospital complex estimated to cost Rs. 12 billion is planned for Dambulla to address overcrowding and space constraints…

Sri Lankan Scientist Themiya Nanayakkara Helps Discover Record-Breaking Radio Burst from 10 Billion Years Ago

Oct 9, 2026 3 weeks ago 3 min read
Sri Lankan Scientist Themiya Nanayakkara Helps Discover Record-Breaking Radio Burst from 10 Billion Years Ago

COLOMBO, October 9, 2026 — Sri Lankan scientist Themiya Nanayakkara has contributed to a landmark international astronomy discovery involving the oldest fast radio burst ever…

Sri Lanka-Thailand Visa-Free Travel Agreement Gets Cabinet Approval

Oct 6, 2026 3 weeks ago 2 min read
Sri Lanka-Thailand Visa-Free Travel Agreement Gets Cabinet Approval

COLOMBO, October 6, 2026 — The Cabinet of Ministers has approved a proposal to sign a visa exemption agreement between Sri Lanka and Thailand, allowing…

Energy Ministry Orders Companies to Maintain Minimum Fuel Stocks

Oct 6, 2026 3 weeks ago 2 min read
Energy Ministry Orders Companies to Maintain Minimum Fuel Stocks

COLOMBO, October 6, 2026 — Sri Lanka’s Energy Ministry has instructed relevant companies to maintain minimum fuel stock levels to ensure uninterrupted availability of petroleum…

world

Trump Says Iran Has ‘Virtually Given Up’ Plans for Nuclear Weapons

Oct 4, 2026 3 weeks ago 3 min read
Trump Says Iran Has ‘Virtually Given Up’ Plans for Nuclear Weapons

WASHINGTON, October 4, 2026 — US President Donald Trump has said Iran has “virtually given up” plans to develop nuclear weapons, offering a potentially significant…

UAE Says Flydubai Co-Pilot Attacked Captain in Suspected Terror Plot

Oct 3, 2026 4 weeks ago 2 min read
UAE Says Flydubai Co-Pilot Attacked Captain in Suspected Terror Plot

DUBAI, October 3, 2026 — The United Arab Emirates has said a Flydubai co-pilot allegedly attempted to carry out a terrorist attack aboard a flight…

India Approves $19 Billion Programme to Expand Renewable Energy Grid

Oct 2, 2026 4 weeks ago 3 min read
India Approves $19 Billion Programme to Expand Renewable Energy Grid

NEW DELHI, October 2, 2026 — India’s Cabinet has approved a Rs. 1.86 trillion (US$19.42 billion) investment programme to strengthen the country’s power transmission network…

Russia Launches Largest Attack on Ukraine Energy Infrastructure Since Spring

Oct 1, 2026 4 weeks ago 4 min read
Russia Launches Largest Attack on Ukraine Energy Infrastructure Since Spring

KYIV, October 1, 2026 — Russia has launched its largest attack on Ukraine’s energy infrastructure since the spring, targeting Kyiv and several other regions in…