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COLOMBO, October 17, 2026 — The Port of Colombo handles an estimated US$30 billion worth of U.S.-related cargo annually, highlighting its strategic importance to international…
TANGALLE, October 17, 2026 — A nine-storey surgical ward complex estimated to cost Rs. 3.09 billion is planned for Tangalle Base Hospital as part of…
COLOMBO, October 17, 2026 — Sri Lanka’s stock market ended the week on a positive note, with gains in counters such as Dialog Axiata, Distilleries…
LONDON, October 17, 2026 — Global oil prices have climbed to their highest levels in months, with Brent crude touching $110 a barrel for the…
COLOMBO, October 16, 2026 — Sri Lanka has sought European Union (EU) investment to strengthen small and medium-sized enterprises (SMEs), develop startup incubators and expand…
BIZ BREAKING
COLOMBO, September 26, 2026 — Sri Lanka plans to complete its current International Monetary Fund (IMF) Extended Fund Facility (EFF) programme in March 2027 without seeking another IMF programme linked to debt restructuring, Minister Bimal Rathnayake has said. The planned…
COLOMBO, September 24, 2026 — Sri Lanka’s Parliament has approved a Rs.17.213 billion supplementary allocation to provide financial relief on electricity bills, in a move that could ease pressure on households and businesses while adding another significant policy intervention to…
COLOMBO, September 23, 2026 — The International Monetary Fund (IMF) has urged Sri Lanka to maintain prudent economic policies and accelerate structural reforms as the recovering economy faces renewed external risks from the Middle East conflict, global trade policy uncertainty…
COLOMBO, September 20, 2026 — Sri Lanka is stepping up efforts to strengthen its position within Asia’s expanding trade and investment networks as the country seeks to attract greater foreign investment and expand its role in regional supply chains. With…
BUSINESS
ABU DHABI, October 1, 2026 — Port City Colombo is intensifying efforts to attract Gulf capital into Sri Lanka, with a seven-day investment roadshow across…
COLOMBO, September 30, 2026 — The Government has awarded a Rs.2.89 billion contract to Maga Engineering Ltd. for the third phase of the Baseline Road…
KUALA LUMPUR, September 29, 2026 — Sri Lanka is seeking to deepen economic and investment ties with Malaysia by inviting Malaysian companies to participate in…
COLOMBO, September 28, 2026 — Sri Lanka’s Government has yet to set a firm timeline for electricity tariff reductions, with Energy Minister Anura Karunathilaka saying…
ECONOMY
COLOMBO, September 25, 2026 — Sri Lanka’s expressway network suffered more than Rs. 4.6 billion in revenue losses over a period of four years and…
COLOMBO, September 23, 2026 — Sri Lanka needs to move beyond crisis management and accelerate structural reforms across trade, taxation, human capital, social protection, agriculture,…
COLOMBO, September 20, 2026 — Sri Lanka’s apparel industry is setting its sights on a major new phase of growth, with industry leaders seeking to…
COLOMBO, September 19, 2026 — Sri Lanka plans to expand its Battery Energy Storage System (BESS) capacity to nearly 960 MW by the end of…
MARKETS
COLOMBO, September 20, 2026 — Sri Lankan businesses are facing renewed cost pressures as international crude oil prices remain above US$100 a barrel, raising the…
COLOMBO, September 19, 2026 — The Colombo Stock Exchange (CSE) closed higher, supported by price gains in counters including Dialog Axiata, Melstacorp and Hayleys, while…
COLOMBO, September 18, 2026 — The Colombo Stock Exchange (CSE) ended the session in negative territory, with both major indices coming under pressure as several…
COLOMBO, September 16, 2026 — Aitken Spence Hotel Holdings PLC has successfully secured strong investor demand for its maiden listed, rated, unsecured, senior redeemable debenture…
NATION
COLOMBO, September 30, 2026 — Sri Lanka and Australia have agreed to strengthen bilateral cooperation across trade, defence, education, agriculture and maritime affairs following high-level…
SRI LANKA, September 29, 2026 — Sri Lankan javelin star Rumesh Pathirage has secured the Asian Games gold medal with a commanding 88.55-metre throw, capping…
GAMPAHA, September 27, 2026 — President Anura Kumara Dissanayake has announced that the Government will introduce a Rs. 41 billion fuel subsidy covering the next…
COLOMBO, September 27, 2026 — Minister of Industry and Entrepreneurship Development Sunil Handunnetti attended the inaugural session of Ceylon Gemlogue ’26 in Colombo today, as…
world
NEW YORK, September 25, 2026 — Israeli Prime Minister Benjamin Netanyahu defended Israel’s military actions in Gaza and against Iran during a speech to the…
SYDNEY, September 24, 2026 — Australia has launched an investigation after an OpenAI artificial intelligence agent gained unauthorised access to a government health data portal…
NEW YORK, September 23, 2026 — US President Donald Trump has warned that Iran could face devastating military action if Tehran fails to reach a…
MUMBAI, September 20, 2026 — Canada remains optimistic about concluding negotiations on a Comprehensive Economic Partnership Agreement (CEPA) with India by the end of this…