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COLOMBO, November 5, 2026 — Fitch Ratings has upgraded the National Long-Term Ratings of three Sri Lankan bank-owned non-bank financial institutions, reflecting their parent banks’…
COLOMBO, November 5, 2026 — Stocks rallied at the Colombo Stock Exchange during the first hour of trading today, with the All Share Price Index…
WASHINGTON, November 5, 2026 — Democratic Senator Jon Ossoff has emerged as the leading prospect for the 2028 US presidency on prediction platform Polymarket following…
MADRID, November 4, 2026 —One year after receiving the World Demolition Award for Innovation in Nashville, Tennessee Laurini Officine Meccaniche has again taken the spotlight…
Colombo Stocks Rise as Dialog, Overseas Realty and Hayleys Lead Gains; Turnover Tops Rs. 1.5 Billion
COLOMBO, November 4, 2026 — The Colombo Stock Exchange’s benchmark indices closed higher, supported by price gains in Dialog Axiata, Overseas Realty and Hayleys, with…
BIZ BREAKING
COLOMBO, October 17, 2026 — The International Monetary Fund (IMF) has signalled its readiness to continue supporting Sri Lanka beyond the expiry of its current lending programme in March 2027, while emphasising that completing the remaining reviews and consolidating economic…
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 export-oriented industries under the EU’s €300 billion Global Gateway initiative, as the country looks to…
BANGKOK, October 15, 2026 — The International Monetary Fund (IMF) has reaffirmed its commitment to supporting Sri Lanka’s economic recovery, signalling continued engagement beyond the country’s current bailout programme as fiscal conditions improve and debt restructuring nears completion. Sonali Jain-Chandra,…
COLOMBO, October 14, 2026 — Global oil prices climbed on Wednesday as attacks on commercial vessels in the Strait of Hormuz and reports of new Iranian tactics against shipping intensified concerns over energy supply disruptions, threatening to increase costs for…
BUSINESS
COLOMBO, October 18, 2026 — Sri Lanka’s efforts to strengthen anti-money laundering (AML) controls and improve corporate transparency are gaining importance ahead of an upcoming…
COLOMBO, October 17, 2026 — Sri Lankan developers Prime Lands and Melwa have signed a Sales and Purchase Agreement (SPA) for a new mixed-use development…
COLOMBO, October 16, 2026 — The Ceylon Chamber of Commerce has launched the Sri Lanka–Vietnam Business Council to strengthen bilateral trade, investment and tourism ties,…
COLOMBO, October 15, 2026 — Home Lands Group has completed 100% of piling work for its ultra-luxury residential development, Central Park Boulevard Port City Colombo,…
ECONOMY
COLOMBO, October 8, 2026 — Sri Lanka’s official reserve assets declined by 1.1% in September 2026, falling to US$6.851 billion from US$6.929 billion recorded in…
COLOMBO, October 7, 2026 — Sri Lanka’s parliamentary process for the 2027 national budget formally commenced today with the presentation of the Appropriation Bill for…
COLOMBO, October 6, 2026 — Sri Lanka’s economy has returned to pre-crisis levels, marking a major milestone in the country’s recovery, but the benefits of…
COLOMBO, October 3, 2026 — Sri Lanka’s Inland Revenue Department (IRD) collected more than Rs. 2.04 trillion in tax revenue during the first nine months…
MARKETS
COLOMBO, October 9, 2026 — Sri Lanka’s stock market closed in negative territory as selling pressure on heavyweight counters, including Distilleries Company of Sri Lanka,…
COLOMBO, October 8, 2026 — Sri Lanka’s stock market ended the session in negative territory today, with both the All Share Price Index (ASPI) and…
COLOMBO, October 7, 2026 — Sri Lanka’s stock market closed on a mixed note today, with the All Share Price Index (ASPI) edging higher on…
COLOMBO, October 6, 2026 — Sri Lanka’s stock market closed lower on Tuesday, with both benchmark indices ending in negative territory as selling pressure on…
NATION
MALÉ, October 15, 2026 — Sri Lanka has been named the Leading Wellness Destination at the 10th South Asian Travel Awards (SATA) 2026, securing the…
COLOMBO, October 14, 2026 — Sri Lanka is considering the development of an integrated digital database to identify rural development needs and improve the implementation…
COLOMBO, October 13, 2026 — The Government has approved the continuation of its school stationery assistance programme for 2027, providing Rs. 6,000 each to 1.5…
BADULLA, October 12, 2026 — Sri Lanka has launched its second king coconut village in Badulla District as the Government advances a nationwide programme to…
world
MCLENNAN, October 16, 2026 — Tesla has unveiled its long-awaited next-generation Roadster with a dramatic demonstration featuring midair flips, rocket-inspired propulsion technology and a claimed…
TOKYO, October 15, 2026 — Petrol-only vehicles accounted for less than half of global new-vehicle sales for the first time in the first half of…
CUPERTINO, October 14, 2026 — Apple has unveiled a new range of smart home devices led by HomeView, a $299 touchscreen hub powered by an…
WASHINGTON, October 13, 2026 — The Trump administration is seeking to use a controversial deal allowing Russian diesel exports to encourage Moscow to resume negotiations…