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COLOMBO, October 30, 2026 — Union Bank reported a 104% increase in profit after tax to Rs. 701 million for the nine months ended September…
COLOMBO, October 30, 2026 — The Colombo Stock Exchange extended its recovery for a third consecutive session on October 29, with broad-based buying lifting the…
COLOMBO, October 30, 2026 — Uzbekistan’s Centrum Air has introduced direct scheduled flights between Tashkent and Mattala Rajapaksa International Airport, expanding Sri Lanka’s connections with…
COLOMBO, October 29, 2026 — The Ceylon Chamber of Commerce has called for a careful review of proposed national security and organised crime legislation, highlighting…
Japan Grants Rs. 4.56 Billion for Kelani River Pumping Project to Protect Businesses and Communities
COLOMBO, October 29, 2026 — Japan has agreed to provide JPY 2.179 billion, approximately Rs. 4.56 billion, in grant assistance for a Kelani River pumping…
BIZ BREAKING
BANGKOK, October 15, 2026 — The International Monetary Fund (IMF) has reaffirmed its commitment to supporting Sri Lanka’s economic recovery, signalling continued engagement beyond the country’s current bailout programme as fiscal conditions improve and debt restructuring nears completion. Sonali Jain-Chandra,…
COLOMBO, October 14, 2026 — Global oil prices climbed on Wednesday as attacks on commercial vessels in the Strait of Hormuz and reports of new Iranian tactics against shipping intensified concerns over energy supply disruptions, threatening to increase costs for…
COLOMBO, October 13, 2026 — Sri Lanka’s Cabinet has approved a US$100 million policy-based financing facility from the Asian Development Bank (ADB) to advance the second sub-programme of the country’s Water Supply and Sanitation Reform Programme, supporting efforts to address…
Department of Commerce consultation with trade chambers and industry associations COLOMBO, October 12, 2026 — The Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL) and the Department of Commerce are strengthening cooperation on export promotion, trade facilitation…
BUSINESS
COLOMBO, October 16, 2026 — The Ceylon Chamber of Commerce has launched the Sri Lanka–Vietnam Business Council to strengthen bilateral trade, investment and tourism ties,…
COLOMBO, October 15, 2026 — Home Lands Group has completed 100% of piling work for its ultra-luxury residential development, Central Park Boulevard Port City Colombo,…
BANGKOK, October 14, 2026 — Sri Lanka is stepping up efforts to strengthen trade and investment ties with Thailand ahead of Sri Lanka EXPO 2027,…
KATUNAYAKE, October 13, 2026 — Dipped Products PLC (DPL), the Hayleys Group’s glove manufacturing business, has commenced operations at a new Rs. 4.2 billion manufacturing…
ECONOMY
COLOMBO, October 11, 2026 — The Sri Lankan government has ruled out increasing fuel prices to accommodate the demands of private fuel suppliers, with Energy…
COLOMBO, October 9, 2026 — Sri Lanka Customs collected Rs. 258.3 billion in September, exceeding its monthly revenue target by 32.1%, as stronger collections from…
COLOMBO, October 8, 2026 — Sri Lanka’s official reserve assets declined by 1.1% in September 2026, falling to US$6.851 billion from US$6.929 billion recorded in…
COLOMBO, October 7, 2026 — Sri Lanka’s parliamentary process for the 2027 national budget formally commenced today with the presentation of the Appropriation Bill for…
MARKETS
COLOMBO, October 9, 2026 — Sri Lanka’s stock market closed in negative territory as selling pressure on heavyweight counters, including Distilleries Company of Sri Lanka,…
COLOMBO, October 8, 2026 — Sri Lanka’s stock market ended the session in negative territory today, with both the All Share Price Index (ASPI) and…
COLOMBO, October 7, 2026 — Sri Lanka’s stock market closed on a mixed note today, with the All Share Price Index (ASPI) edging higher on…
COLOMBO, October 6, 2026 — Sri Lanka’s stock market closed lower on Tuesday, with both benchmark indices ending in negative territory as selling pressure on…
NATION
MALÉ, October 15, 2026 — Sri Lanka has been named the Leading Wellness Destination at the 10th South Asian Travel Awards (SATA) 2026, securing the…
COLOMBO, October 14, 2026 — Sri Lanka is considering the development of an integrated digital database to identify rural development needs and improve the implementation…
COLOMBO, October 13, 2026 — The Government has approved the continuation of its school stationery assistance programme for 2027, providing Rs. 6,000 each to 1.5…
BADULLA, October 12, 2026 — Sri Lanka has launched its second king coconut village in Badulla District as the Government advances a nationwide programme to…
world
WASHINGTON, October 13, 2026 — The Trump administration is seeking to use a controversial deal allowing Russian diesel exports to encourage Moscow to resume negotiations…
WASHINGTON, October 12, 2026 — US President Donald Trump is facing mounting political and international criticism over plans to import large volumes of diesel from…
WASHINGTON, October 11, 2026 — US President Donald Trump has called for Ukraine to replace President Volodymyr Zelenskiy, intensifying tensions between Washington and Kyiv after…
WASHINGTON, October 9, 2026 — US President Donald Trump has ruled out a US attack on Iran before the November 3 congressional midterm elections, saying…