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Stocks Slip as Rising Oil, Inflation Risks and Geopolitical Tensions Rattle Markets

Stocks Slip as Rising Oil, Inflation Risks and Geopolitical Tensions Rattle Markets

September 8, 2026
Sri Lanka hosts 11 Asian nations to showcase JICA-backed farming success

Sri Lanka hosts 11 Asian nations to showcase JICA-backed farming success

September 8, 2026
ComBank takes Q+ digital payments drive to Jaffna ahead of Nallur Festival

ComBank takes Q+ digital payments drive to Jaffna ahead of Nallur Festival

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

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

September 8, 2026

Emerging El Niño effect on Sri Lanka: Be ready for catastrophe

Sep 8, 2026 2 months ago 15 min read
Emerging El Niño effect on Sri Lanka: Be ready for catastrophe

“A prolonged El Niño drought forces a massive, unbudgeted outflow of foreign currency to fund these fuel imports. At the same time, because domestic agriculture…

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Yala National Park Zones 1 and 2 to close from Sept. 14

Sep 8, 2026 2 months ago 1 min read
Yala National Park Zones 1 and 2 to close from Sept. 14

It has been decided to close Zones 01 and 02 of Yala National Park from September 14, taking into account the challenges faced by animals…

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Deputy Minister rejects claims of shifting tax terms at Port City after investor backlash

Sep 8, 2026 2 months ago 3 min read
Deputy Minister rejects claims of shifting tax terms at Port City after investor backlash

Industry and Entrepreneurship Development Deputy Minister Chathuranga Abeysinghe was drawn into a public dispute on LinkedIn over the past day after a technology entrepreneur accused…

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President expects favourable SC ruling on controversial 22nd Amendment

Sep 8, 2026 2 months ago 4 min read
President expects favourable SC ruling on controversial 22nd Amendment

President Anura Kumara Dissanayake said the 22nd Amendment to the Constitution would be approved by Parliament soon after the Supreme Court communicates its determination to…

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India’s defence minister Rajnath Singh to visit Sri Lanka today

Sep 8, 2026 2 months ago 2 min read
India’s defence minister Rajnath Singh to visit Sri Lanka today

Indian Defence Minister Rajnath Singh is scheduled to arrive in Sri Lanka today (08) on an official visit. Accordingly, he is scheduled to undertake his…

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Crypto Cannot Be Used for Domestic Payments, CBSL Governor Says
BIZ BREAKING

Crypto Cannot Be Used for Domestic Payments, CBSL Governor Says

November 4, 2026

COLOMBO, November 4, 2026 — Digital assets cannot be used for payments between residents under Sri Lanka’s current legal framework,…

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ECONOMY
World Bank Forecasts 23% Rise in Commodity Prices as Energy and Food Costs Climb
October 29, 2026

COLOMBO, October 29, 2026 — Global commodity prices are projected…

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MARKETS
Colombo Stocks Rise as Banking and Telecom Gains Lift Turnover Above Rs. 2.2 Billion
October 29, 2026

COLOMBO, October 29, 2026 — Colombo stock market indices closed…

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NATION
Central Bank Names 27 Prohibited Scheme Entries, Warns Public Over Companies and Apps
October 29, 2026

COLOMBO, October 29, 2026 — The Central Bank of Sri…

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BIZ BREAKING

Crypto Cannot Be Used for Domestic Payments, CBSL Governor Says

Crypto Cannot Be Used for Domestic Payments, CBSL Governor Says

November 4, 2026
CAL Signs Deal to Acquire 51% of Hong Kong Fund Manager Asia Frontier Capital

CAL Signs Deal to Acquire 51% of Hong Kong Fund Manager Asia Frontier Capital

November 3, 2026
Sri Lanka’s Exports Hit Record US$1.38 Billion, but September Current Account Posts US$128 Million Deficit

Sri Lanka’s Exports Hit Record US$1.38 Billion, but September Current Account Posts US$128 Million Deficit

November 2, 2026

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BUSINESS

JKH’s Attributable Profit Surges 213% to Rs. 5.17 Billion in Q2; PBT Reaches Rs. 7.95 Billion

JKH’s Attributable Profit Surges 213% to Rs. 5.17 Billion in Q2; PBT Reaches Rs. 7.95 Billion

November 4, 2026
Hayleys Solar Inaugurates Two Kosgama Projects with Combined Capacity of 5 MW

Hayleys Solar Inaugurates Two Kosgama Projects with Combined Capacity of 5 MW

November 3, 2026
Home Lands Showcases Sri Lankan Property Investment Opportunities in Ottawa

Home Lands Showcases Sri Lankan Property Investment Opportunities in Ottawa

November 2, 2026

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ECONOMY

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
CPC Raises Petrol and Diesel Prices; Lanka IOC Matches Two Fuel Rates

CPC Raises Petrol and Diesel Prices; Lanka IOC Matches Two Fuel Rates

November 2, 2026
Apparel Exports Rise 3.47% in September, but Nine-Month Earnings Remain 5.52% Lower

Apparel Exports Rise 3.47% in September, but Nine-Month Earnings Remain 5.52% Lower

October 30, 2026

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MARKETS

ASPI Falls 10.97% in Ten Months as October Wipes Rs. 441 Billion Off Market Value

ASPI Falls 10.97% in Ten Months as October Wipes Rs. 441 Billion Off Market Value

November 2, 2026
CSE Recovery Enters Third Session as ASPI Jumps 297 Points Above 20,250

CSE Recovery Enters Third Session as ASPI Jumps 297 Points Above 20,250

October 30, 2026
Colombo Stocks Rise as Banking and Telecom Gains Lift Turnover Above Rs. 2.2 Billion

Colombo Stocks Rise as Banking and Telecom Gains Lift Turnover Above Rs. 2.2 Billion

October 29, 2026

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NATION

Cabinet Approves Rs. 3.33 Billion to Restore Cyclone-Damaged Roads

Cabinet Approves Rs. 3.33 Billion to Restore Cyclone-Damaged Roads

November 4, 2026
Fuel Import Costs Up 50%, Limiting Price Relief Despite Rs. 57 Billion Subsidy Allocation: Minister

Fuel Import Costs Up 50%, Limiting Price Relief Despite Rs. 57 Billion Subsidy Allocation: Minister

November 3, 2026
Centrum Air Connects Tashkent and Mattala with Twice-Weekly Direct Flights

Centrum Air Connects Tashkent and Mattala with Twice-Weekly Direct Flights

October 30, 2026

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World

Oil Prices Rise After Reported US Strike on Iran’s Qeshm Island

Oil Prices Rise After Reported US Strike on Iran’s Qeshm Island

November 3, 2026

Tucker Carlson Warns of Possible Nuclear Strike on Iran Within Days — Markets and Energy Supply at Risk.

November 2, 2026
Oil Hits Six-Month High as Hormuz Tanker Attack Deepens Iran Escalation Fears

Oil Hits Six-Month High as Hormuz Tanker Attack Deepens Iran Escalation Fears

October 31, 2026

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