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CBSL Clarifies EY Remains Eligible to Audit Licensed Banks

CBSL Clarifies EY Remains Eligible to Audit Licensed Banks

November 11, 2026
Industry Minister raises performance-based reward scheme with President as productivity competition returns after five-year gap

Industry Minister raises performance-based reward scheme with President as productivity competition returns after five-year gap

November 11, 2026
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
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

India’s BRICS Chairship Produces More Than 50 New Initiatives

Sep 14, 2026 2 months ago 5 min read
India’s BRICS Chairship Produces More Than 50 New Initiatives

India’s BRICS chairship has resulted in more than 50 initiatives covering a wide range of areas, including counterterrorism, artificial intelligence, digital infrastructure, health security, trade,…

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Colombo Port Capacity to Increase by 1.5 Million TEUs as Sri Lanka Targets Continued Growth

Sep 13, 2026 2 months ago 5 min read
Colombo Port Capacity to Increase by 1.5 Million TEUs as Sri Lanka Targets Continued Growth

COLOMBO — Colombo Port is set to expand its handling capacity by a further 1.5 million twenty-foot equivalent units (TEUs), as Sri Lanka moves to…

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BRICS Summit 2026: New Delhi Declaration Signals Deeper Trade, Local-Currency Payments and a More Integrated Emerging-Market Economy

Sep 13, 2026 2 months ago 12 min read
BRICS Summit 2026: New Delhi Declaration Signals Deeper Trade, Local-Currency Payments and a More Integrated Emerging-Market Economy

xNEW DELHI, September 13, 2026 — BRICS leaders adopted the New Delhi Declaration on Saturday, the first day of the 18th BRICS Summit, setting out…

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Colombo Stock Exchange Breaks Three-Day Losing Streak, Ends Week Higher

Sep 12, 2026 2 months ago 2 min read
Colombo Stock Exchange Breaks Three-Day Losing Streak, Ends Week Higher
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CMTA Warns of Rs. 40 Billion Revenue Loss, Calls for Fairer Vehicle Tax Rules

Sep 12, 2026 2 months ago 6 min read
CMTA Warns of Rs. 40 Billion Revenue Loss, Calls for Fairer Vehicle Tax Rules
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CBSL Bars EY Audit Partners from Banking Audits Following Rs. 13.6 Billion NDB Fraud
BIZ BREAKING

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

November 10, 2026

COLOMBO, November 10, 2026 — The Central Bank of Sri Lanka has barred the Ernst & Young partners responsible for…

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BUSINESS
Sri Lanka, Japan step up efforts to address investor concerns and develop export-oriented industrial corridor
September 8, 2026

The Board of Investment of Sri Lanka (BOI) recently hosted…

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BUSINESS
Home Lands completes 60% piling work of ‘Central Park Boulevard Port City Colombo’
September 8, 2026

Home Lands yesterday announced that Central Park Boulevard Port City…

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BUSINESS
All-New Mercedes-Benz GLB 2026 makes Sri Lankan debut at SLTPL 2026
September 7, 2026

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BIZ BREAKING

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
Sri Lanka’s Official Reserves Top US$7 Billion in October, Rising 3.2%

Sri Lanka’s Official Reserves Top US$7 Billion in October, Rising 3.2%

November 7, 2026

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BUSINESS

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
HIPG and Al-Futtaim Logistics Explore Stronger Gulf Vehicle Links and Port Investment Opportunities

HIPG and Al-Futtaim Logistics Explore Stronger Gulf Vehicle Links and Port Investment Opportunities

November 8, 2026
John Keells Forum Explores Property and Equity Investment Strategies for Long-Term Wealth

John Keells Forum Explores Property and Equity Investment Strategies for Long-Term Wealth

November 7, 2026

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ECONOMY

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
LAUGFS Seeks Temporary Hambantota Terminal Access as Three LPG Shipments Due in November

LAUGFS Seeks Temporary Hambantota Terminal Access as Three LPG Shipments Due in November

November 4, 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

CBSL Clarifies EY Remains Eligible to Audit Licensed Banks

CBSL Clarifies EY Remains Eligible to Audit Licensed Banks

November 11, 2026
Industry Minister raises performance-based reward scheme with President as productivity competition returns after five-year gap

Industry Minister raises performance-based reward scheme with President as productivity competition returns after five-year gap

November 11, 2026
EDB Recognises Sri Lanka Expo 2027 Partners Ahead of Major International Trade Exhibition

EDB Recognises Sri Lanka Expo 2027 Partners Ahead of Major International Trade Exhibition

November 9, 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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