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WASHINGTON, November 8, 2026 — Central banks must account for any slowdown in growth driven by artificial intelligence investment when assessing how to tackle persistent…
COLOMBO, November 8, 2026 — Hambantota International Port Group (HIPG) and Al-Futtaim Logistics have explored expanding their business relationship, including vehicle shipping links to Gulf…
COLOMBO, November 8, 2026 — Passenger drones are undergoing test flights at Colombo Port City ahead of an official demonstration on November 11, as Sri…
COLOMBO, November 7, 2026 — John Keells Properties and John Keells Stock Brokers brought together real estate, capital markets and wealth management professionals at ‘The…
COLOMBO, November 7, 2026 — The Colombo Stock Exchange ended the week on a positive note, with the All Share Price Index (ASPI) gaining 5.4%…
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 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…
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…
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,…
ECONOMY
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…
COLOMBO, October 12, 2026 — President Anura Kumara Dissanayake is scheduled to inaugurate the Sri Lanka Economic & Investment Summit 2026 today at Shangri-La Colombo,…
COLOMBO, October 11, 2026 — The Sri Lankan government has ruled out increasing fuel prices to accommodate the demands of private fuel suppliers, with Energy…
MARKETS
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…
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,…
NATION
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…
COLOMBO, October 20, 2026 — China Merchants Port Holdings’ withdrawal from a US$392 million logistics development at the Port of Colombo has raised concerns over…
world
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…
LONDON, October 17, 2026 — Global oil prices have climbed to their highest levels in months, with Brent crude touching $110 a barrel for the…