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NEW YORK, November 10, 2026 — Nvidia shares plunged nearly 7.5% in early trading on Monday, temporarily wiping approximately US$335 billion from its market value,…
NEW YORK, November 10, 2026 — Oil prices fell sharply on Monday, with Brent crude extending losses beyond US$7 a barrel after settlement, as US…
COLOMBO, November 9, 2026 — The Sri Lanka Export Development Board (EDB) recognised local and international organisations supporting Sri Lanka Expo 2027 at a ceremony…
BEIJING, November 9, 2026 — China will extend the suspension of an additional 24% tariff on imports from the United States for another two months…
OLOMBO, November 9, 2026 — Sri Lanka’s workers’ remittances reached US$735.6 million in October, increasing 3.31% year-on-year and lifting cumulative inflows for the first ten…
BIZ BREAKING
COLOMBO, October 26, 2026 — Lanka IOC and Sinopec have increased their Octane 95 petrol prices by Rs. 20 per litre, bringing the revised selling price at both operators’ filling stations to Rs. 495. Lanka IOC’s increase took effect at…
COLOMBO, October 23, 2026 — Global oil prices rose sharply on Thursday, with Brent crude reaching a five-month closing high as Houthi attacks in Saudi Arabia heightened concerns over further disruptions to Middle Eastern energy supplies. Brent crude futures gained…
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 opportunities for low-income households and improve care services for the elderly. The financing comprises a…
COLOMBO, October 21, 2026 — Sri Lanka earned approximately US$1.083 billion from tea exports during the first nine months of 2026, crossing the billion-dollar mark despite lower shipment volumes and a decline from the US$1.163 billion recorded a year earlier.…
BUSINESS
COLOMBO, October 28, 2026 — Central banks adopting artificial intelligence must prioritise public trust, strong governance and human oversight, IMF Chief Information Officer Shirin Hamid…
COLOMBO, October 27, 2026 — LAUGFS Gas PLC is exploring strategic options for its wholly owned subsidiary, LAUGFS Terminals Limited, including commercial partnerships, external investment…
COLOMBO, October 26, 2026 — Five Sri Lankan pharmaceutical manufacturers participated in an exposure visit to CPHI Worldwide 2026 in Milan, seeking export opportunities, technology…
COLOMBO, October 24, 2026 — Sri Lankan companies showcased hospitality products and services at Hotel Asia 2026 in the Maldives, seeking new buyers, business partnerships…
ECONOMY
HAMBANTOTA, October 16, 2026 — Hambantota International Port (HIP) handled 167,569 vehicle deliveries between March 2025 and September 2026, highlighting its role in Sri Lanka’s…
COLOMBO, October 15, 2026 — The Inland Revenue Department (IRD) has reminded individuals registered for income tax to submit their income tax returns for the…
COLOMBO, October 14, 2026 — President Anura Kumara Dissanayake has outlined an investment-led economic strategy centred on renewable energy, port infrastructure, rural enterprise development and…
COLOMBO, October 13, 2026 — Sri Lanka’s economic growth is projected to ease to 3.7% in 2027 from an estimated 4% in 2026, according to…
MARKETS
COLOMBO, October 17, 2026 — Sri Lanka’s stock market ended the week on a positive note, with gains in counters such as Dialog Axiata, Distilleries…
COLOMBO, October 16, 2026 — The Colombo Stock Exchange (CSE) ended the session on a positive note, with both the All Share Price Index (ASPI)…
COLOMBO, October 15, 2026 — The Colombo Stock Exchange (CSE) ended the trading session in negative territory, with declines in Dialog Axiata, Carson Cumberbatch and…
COLOMBO, October 14, 2026 — Sri Lanka’s stock market closed lower, with losses in heavyweight counters including Dialog Axiata, Commercial Bank and Hatton National Bank…
NATION
COLOMBO, October 24, 2026 — All three generating units at the Norochcholai Coal Power Plant have been successfully reconnected to Sri Lanka’s national grid after…
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, October 22, 2026 — Rain is expected across Sri Lanka throughout October 23, while wet weather in the southwestern parts of the country is…
COLOMBO, October 21, 2026 — Scheduled power interruptions will affect four electricity supply groups in Sri Lanka today as part of measures to manage electricity…
world
BRASÍLIA, October 26, 2026 — Brazilian President Luiz Inácio Lula da Silva has won reelection, defeating right-wing Senator Flávio Bolsonaro in a presidential runoff, according…
WASHINGTON, October 22, 2026 — US President Donald Trump said Washington is not negotiating with Iran and indicated that developments could come soon, as uncertainty…
BEIJING, October 20, 2026 — China’s economy expanded by 4.5% in the third quarter, slightly exceeding market expectations as strong exports helped offset weak domestic…
WASHINGTON, October 18, 2026 — US President Donald Trump will take up to 60 days to assess the economic implications of Russia-related sanctions and tariffs…