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Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

October 31, 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
Binance Reserves US$6.34 Billion to Cover Losses as Partners Freeze US$3 Billion in Crypto

Binance Reserves US$6.34 Billion to Cover Losses as Partners Freeze US$3 Billion in Crypto

October 31, 2026
Binance Hit by Record US$6.3 Billion Crypto Theft as Analysts Point to North Korea

Binance Hit by Record US$6.3 Billion Crypto Theft as Analysts Point to North Korea

October 31, 2026

Home Lands completes 60% piling work of ‘Central Park Boulevard Port City Colombo’

Sep 8, 2026 2 months ago 4 min read
Home Lands completes 60% piling work of ‘Central Park Boulevard Port City Colombo’

Home Lands yesterday announced that Central Park Boulevard Port City Colombo has reached a significant construction milestone, with 60% of its piling work now officially…

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All-New Mercedes-Benz GLB 2026 makes Sri Lankan debut at SLTPL 2026

Sep 7, 2026 2 months ago 2 min read
All-New Mercedes-Benz GLB 2026 makes Sri Lankan debut at SLTPL 2026
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India and Sri Lanka to sign three new defence MoUs during Rajnath Singh’s visit

Sep 1, 2026 2 months ago 2 min read
India and Sri Lanka to sign three new defence MoUs during Rajnath Singh’s visit

Rajnath Singh to meet Sri Lankan leadership Indian-funded reconstruction projects to be reviewed Singh is also expected to review the progress of Indian-funded projects in…

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Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank
BIZ BREAKING

Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

October 31, 2026

COLOMBO, October 31, 2026 — Fitch Ratings has upgraded the National Long-Term Ratings of Bank of Ceylon, People’s Bank and…

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NATION
Galle Fort Leads Sri Lanka’s Tourist Hotspots as Visitor Preferences Evolve
September 10, 2026

Galle Fort has emerged as Sri Lanka’s most visited tourist…

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BIZ BREAKING
IMF Team Arrives in Colombo for Crucial Seventh EFF Review
September 10, 2026

An International Monetary Fund (IMF) team is set to arrive…

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BUSINESS
DFCC Bank Partners with John Keells IT to Enhance Employee Banking Benefits
September 10, 2026

DFCC Bank has partnered with John Keells IT to introduce…

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BIZ BREAKING

Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

October 31, 2026
Union Bank’s Nine-Month Profit After Tax More Than Doubles to Rs. 701 Million

Union Bank’s Nine-Month Profit After Tax More Than Doubles to Rs. 701 Million

October 30, 2026
Ceylon Chamber Urges Review of Draft Laws to Protect Investor Confidence and GSP+ Access

Ceylon Chamber Urges Review of Draft Laws to Protect Investor Confidence and GSP+ Access

October 29, 2026

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BUSINESS

Sri Lanka Launches AgriConnect with US$665 Million in Investment Backing to Support Farmers and Agribusinesses

Sri Lanka Launches AgriConnect with US$665 Million in Investment Backing to Support Farmers and Agribusinesses

October 30, 2026
Japan Grants Rs. 4.56 Billion for Kelani River Pumping Project to Protect Businesses and Communities

Japan Grants Rs. 4.56 Billion for Kelani River Pumping Project to Protect Businesses and Communities

October 29, 2026
IMF Technology Chief Urges Strong Governance and Public Trust in AI-Driven Central Banking

IMF Technology Chief Urges Strong Governance and Public Trust in AI-Driven Central Banking

October 28, 2026

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ECONOMY

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
World Bank Forecasts 23% Rise in Commodity Prices as Energy and Food Costs Climb

World Bank Forecasts 23% Rise in Commodity Prices as Energy and Food Costs Climb

October 29, 2026
Cabinet Clears US$100 Million ADB Loan Agreement for Economic Recovery Programme

Cabinet Clears US$100 Million ADB Loan Agreement for Economic Recovery Programme

October 28, 2026

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MARKETS

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
CSE Targets Record Rs. 200 Billion in Capital Raising as New Investment Products Take Shape

CSE Targets Record Rs. 200 Billion in Capital Raising as New Investment Products Take Shape

October 28, 2026

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NATION

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
Central Bank Names 27 Prohibited Scheme Entries, Warns Public Over Companies and Apps

Central Bank Names 27 Prohibited Scheme Entries, Warns Public Over Companies and Apps

October 29, 2026
President Orders Faster Completion of Katunayake Airport Capacity Expansion Projects

President Orders Faster Completion of Katunayake Airport Capacity Expansion Projects

October 28, 2026

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World

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
Binance Reserves US$6.34 Billion to Cover Losses as Partners Freeze US$3 Billion in Crypto

Binance Reserves US$6.34 Billion to Cover Losses as Partners Freeze US$3 Billion in Crypto

October 31, 2026
Binance Hit by Record US$6.3 Billion Crypto Theft as Analysts Point to North Korea

Binance Hit by Record US$6.3 Billion Crypto Theft as Analysts Point to North Korea

October 31, 2026

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