Latest news

India and Sri Lanka to sign three new defence MoUs during Rajnath Singh’s visit

India and Sri Lanka to sign three new defence MoUs during Rajnath Singh’s visit

September 1, 2026

Oil Prices Set for Weekly Decline as Saudi Supply Concerns Ease

Sep 18, 2026 2 months ago 3 min read
Oil Prices Set for Weekly Decline as Saudi Supply Concerns Ease

LONDON, September 18, 2026 — Global oil prices are heading for a weekly decline after three consecutive weeks of gains, as concerns over disruptions to…

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WindForce Boosts Renewable Portfolio to 268 MW with Battery Storage and Floating Solar

Sep 18, 2026 2 months ago 2 min read
WindForce Boosts Renewable Portfolio to 268 MW with Battery Storage and Floating Solar

COLOMBO, September 18, 2026 — Renewable energy producer WindForce PLC has expanded its total generation capacity to approximately 268 MW following the commissioning of two…

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CSE Indices End Lower as Key Stocks Decline

Sep 18, 2026 2 months ago 2 min read
CSE Indices End Lower as Key Stocks Decline

COLOMBO, September 18, 2026 — The Colombo Stock Exchange (CSE) ended the session in negative territory, with both major indices coming under pressure as several…

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CBSL Exchange Rates: US Dollar Selling Rate Rises to Rs. 336.92

Sep 17, 2026 2 months ago 1 min read
CBSL Exchange Rates: US Dollar Selling Rate Rises to Rs. 336.92

The Sri Lankan Rupee weakened slightly against the US Dollar on Thursday (17), with the Central Bank of Sri Lanka (CBSL) reporting an increase in…

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Zhang Yiming Becomes Asia’s Richest Person Driven by ByteDance’s AI Surge

Sep 17, 2026 2 months ago 2 min read
Zhang Yiming Becomes Asia’s Richest Person Driven by ByteDance’s AI Surge

Zhang Yiming, the 43-year-old founder of TikTok parent company ByteDance, has officially become Asia’s wealthiest individual with a net worth surpassing $105 billion. His personal…

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President Reviews Final 2027 Budget Proposals, Pledges Wider Benefits from Economic Stability
BIZ BREAKING

President Reviews Final 2027 Budget Proposals, Pledges Wider Benefits from Economic Stability

November 11, 2026

COLOMBO, November 11, 2026 — President Anura Kumara Dissanayake has reviewed the final proposals for the 2027 Budget, saying it…

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NATION
Yala’s Drought Shows the Growing Cost of Climate Stress on Sri Lanka Tourism
September 8, 2026

YALA, Sri Lanka, Sept 8 (Reuters) – Mugger crocodiles bask…

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NATION
Reservoir levels fall near 50% amid dry spell
September 8, 2026

Water levels in reservoirs across Sri Lanka have dropped to…

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NATION
Sri Lanka Tourism Faces Fresh Pressure as War Drives Up Energy Costs
September 8, 2026

Sri Lanka’s tourism sector is facing a more challenging 2026…

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BIZ BREAKING

President Reviews Final 2027 Budget Proposals, Pledges Wider Benefits from Economic Stability

President Reviews Final 2027 Budget Proposals, Pledges Wider Benefits from Economic Stability

November 11, 2026
CBSL Bars EY Audit Partners from Banking Audits Following Rs. 13.6 Billion NDB Fraud

CBSL Bars EY Audit Partners from Banking Audits Following Rs. 13.6 Billion NDB Fraud

November 10, 2026
JAAF Backs Fresh GSP+ Application to Protect Sri Lanka’s EU Market Access

JAAF Backs Fresh GSP+ Application to Protect Sri Lanka’s EU Market Access

November 9, 2026

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BUSINESS

Sri Lankan Fruit Experts and Chinese Entrepreneurs Explore Agricultural Cooperation

Sri Lankan Fruit Experts and Chinese Entrepreneurs Explore Agricultural Cooperation

November 12, 2026
Dialog Nine-Month Profit Jumps 92% to Rs. 28.5 Billion; Digital Investment Reaches Rs. 27.4 Billion

Dialog Nine-Month Profit Jumps 92% to Rs. 28.5 Billion; Digital Investment Reaches Rs. 27.4 Billion

November 11, 2026
Fitch Upgrades Commercial Bank to ‘AA(lka)’ Following National Rating Scale Recalibration

Fitch Upgrades Commercial Bank to ‘AA(lka)’ Following National Rating Scale Recalibration

November 9, 2026

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ECONOMY

President to Present 2027 Budget Today with Rs. 4.99 Trillion in Proposed Expenditure

President to Present 2027 Budget Today with Rs. 4.99 Trillion in Proposed Expenditure

November 12, 2026
Sri Lanka’s Remittances Reach US$735.6 Million in October; Ten-Month Inflows Top US$7.6 Billion

Sri Lanka’s Remittances Reach US$735.6 Million in October; Ten-Month Inflows Top US$7.6 Billion

November 9, 2026
Higher Wages, Lower Living Standards: Sri Lanka’s Real Take-Home Pay, 2017–2026

Higher Wages, Lower Living Standards: Sri Lanka’s Real Take-Home Pay, 2017–2026

November 8, 2026

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MARKETS

ASPI Surges 592 Points Above 22,000 as CSE Turnover Hits Rs. 7.95 Billion

ASPI Surges 592 Points Above 22,000 as CSE Turnover Hits Rs. 7.95 Billion

November 10, 2026
Colombo Stocks End Week Higher as ASPI Gains 5.4%; Daily Turnover Averages Rs. 3 Billion

Colombo Stocks End Week Higher as ASPI Gains 5.4%; Daily Turnover Averages Rs. 3 Billion

November 7, 2026
EPF Equity Portfolio Valued at Rs. 204.94 Billion, More Than Double Investment Cost

EPF Equity Portfolio Valued at Rs. 204.94 Billion, More Than Double Investment Cost

November 6, 2026

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NATION

Opposition Launches oversight.lk to Track Government Budget Performance

Opposition Launches oversight.lk to Track Government Budget Performance

November 12, 2026
Handunnetti Participates as National Sathosa Opens First Wholesale Outlet in Matara Following Revival

Handunnetti Participates as National Sathosa Opens First Wholesale Outlet in Matara Following Revival

November 11, 2026
CBSL Clarifies EY Remains Eligible to Audit Licensed Banks

CBSL Clarifies EY Remains Eligible to Audit Licensed Banks

November 11, 2026

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World

Nvidia Falls Nearly 7.5% at Open, Erasing US$335 Billion Before Paring Losses

Nvidia Falls Nearly 7.5% at Open, Erasing US$335 Billion Before Paring Losses

November 10, 2026
Oil Plunges More Than US$7 as Trump Signals Restraint on Iran Strikes

Oil Plunges More Than US$7 as Trump Signals Restraint on Iran Strikes

November 10, 2026
China Extends Suspension of 24% Additional Tariff on US Goods for Two Months

China Extends Suspension of 24% Additional Tariff on US Goods for Two Months

November 9, 2026

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