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COLOMBO, November 4, 2026 — Digital assets cannot be used for payments between residents under Sri Lanka’s current legal framework, Central Bank Governor Dr. Nandalal…
COLOMBO, November 3, 2026 — Capital Alliance Holdings PLC (CAL) has signed an agreement to acquire a 51% stake in Hong Kong-based fund manager Asia…
COLOMBO, November 3, 2026 — Hayleys Solar has inaugurated two ground-mounted solar power projects in Kosgama with a combined capacity of 5 MW, expanding its…
COLOMBO, November 3, 2026 — Sri Lanka’s fuel import costs have increased by approximately 50% compared with last year, limiting the government’s ability to provide…
COLOMBO, November 3, 2026 — Oil prices edged higher in early Asian trading on Tuesday after a report of US strikes on Iran’s Qeshm Island…
BIZ BREAKING
COLOMBO, October 20, 2026 — Hatch, Lankan Angel Network and BOV Capital have launched HLAB, a Rs. 3 billion investment fund aimed at supporting early and growth-stage companies incorporated in Sri Lanka, with First Capital Holdings PLC committing Rs. 300…
COLOMBO, October 19, 2026 — Sri Lanka’s total government expenditure is projected to increase by 12.6% to Rs. 4.993 trillion in 2027, from Rs. 4.434 trillion in 2026, with a sharp expansion in capital investment and an unchanged overall borrowing…
COLOMBO, October 17, 2026 — The International Monetary Fund (IMF) has signalled its readiness to continue supporting Sri Lanka beyond the expiry of its current lending programme in March 2027, while emphasising that completing the remaining reviews and consolidating economic…
COLOMBO, October 16, 2026 — Sri Lanka has sought European Union (EU) investment to strengthen small and medium-sized enterprises (SMEs), develop startup incubators and expand export-oriented industries under the EU’s €300 billion Global Gateway initiative, as the country looks to…
BUSINESS
COLOMBO, October 20, 2026 — Central Bank of Sri Lanka Governor Dr. P. Nandalal Weerasinghe has stressed the importance of institutional credibility, strong monetary policy…
COLOMBO, October 19, 2026 — SANKEN GEN has been established as an independent international group, bringing together the Group’s overseas construction operations, real estate interests…
COLOMBO, October 18, 2026 — Sri Lanka’s efforts to strengthen anti-money laundering (AML) controls and improve corporate transparency are gaining importance ahead of an upcoming…
COLOMBO, October 17, 2026 — Sri Lankan developers Prime Lands and Melwa have signed a Sales and Purchase Agreement (SPA) for a new mixed-use development…
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 14, 2026 — Sri Lanka’s stock market closed lower, with losses in heavyweight counters including Dialog Axiata, Commercial Bank and Hatton National Bank…
COLOMBO, October 13, 2026 — Sri Lanka’s stock market closed lower as selling pressure on heavyweight counters, including Hemas Holdings, LOLC Holdings and Cargills, dragged…
COLOMBO, October 11, 2026 — Sri Lanka’s stock market ended the week’s final trading session in positive territory, supported by price gains in Dialog Axiata,…
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,…
NATION
TANGALLE, October 17, 2026 — A nine-storey surgical ward complex estimated to cost Rs. 3.09 billion is planned for Tangalle Base Hospital as part of…
COLOMBO, October 16, 2026 — The United States has announced a US$17 million investment to digitise operations at the Port of Colombo, aiming to accelerate…
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…
world
MCLENNAN, October 16, 2026 — Tesla has unveiled its long-awaited next-generation Roadster with a dramatic demonstration featuring midair flips, rocket-inspired propulsion technology and a claimed…
TOKYO, October 15, 2026 — Petrol-only vehicles accounted for less than half of global new-vehicle sales for the first time in the first half of…
CUPERTINO, October 14, 2026 — Apple has unveiled a new range of smart home devices led by HomeView, a $299 touchscreen hub powered by an…
WASHINGTON, October 13, 2026 — The Trump administration is seeking to use a controversial deal allowing Russian diesel exports to encourage Moscow to resume negotiations…