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COLOMBO, November 9, 2026 — Fitch Ratings has upgraded Commercial Bank of Ceylon PLC’s National Long-Term Rating to ‘AA(lka)’ from ‘AA-(lka)’, effective October 30, 2026,…
COLOMBO, November 9, 2026 — The Joint Apparel Association Forum (JAAF) has welcomed the Government’s commitment to submit a fresh application for the European Union’s…
COLOMBO, November 8, 2026 — Formal-sector gross wages, on the EPF-based index, rose 131.8% between January 2017 and March 2026, ahead of the 114.9% rise…
WASHINGTON, November 8, 2026 — Central banks must account for any slowdown in growth driven by artificial intelligence investment when assessing how to tackle persistent…
COLOMBO, November 8, 2026 — Hambantota International Port Group (HIPG) and Al-Futtaim Logistics have explored expanding their business relationship, including vehicle shipping links to Gulf…
BIZ BREAKING
COLOMBO, October 20, 2026 — Hatch, Lankan Angel Network and BOV Capital have launched HLAB, a Rs. 3 billion investment fund aimed at supporting early and growth-stage companies incorporated in Sri Lanka, with First Capital Holdings PLC committing Rs. 300…
COLOMBO, October 19, 2026 — Sri Lanka’s total government expenditure is projected to increase by 12.6% to Rs. 4.993 trillion in 2027, from Rs. 4.434 trillion in 2026, with a sharp expansion in capital investment and an unchanged overall borrowing…
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…
BUSINESS
COLOMBO, October 23, 2026 — Hayleys Solar has introduced a dedicated 24-hour Renewable Energy Operations Centre (ROC), bringing renewable energy assets onto a centralised digital…
NDB Reports Rs. 7.7 Billion Nine-Month Profit After Fraud Charges; Q3 Earnings Reach Rs. 2.9 Billion
COLOMBO, October 22, 2026 — National Development Bank PLC (NDB) reported a post-tax profit of Rs. 7.7 billion for the nine months ended September 30,…
COLOMBO, October 21, 2026 — Access Engineering PLC expects to recognise a loss of approximately Rs. 310 million in its standalone company financial statements following…
COLOMBO, October 20, 2026 — Central Bank of Sri Lanka Governor Dr. P. Nandalal Weerasinghe has stressed the importance of institutional credibility, strong monetary policy…
ECONOMY
COLOMBO, October 12, 2026 — President Anura Kumara Dissanayake is scheduled to inaugurate the Sri Lanka Economic & Investment Summit 2026 today at Shangri-La Colombo,…
COLOMBO, October 11, 2026 — The Sri Lankan government has ruled out increasing fuel prices to accommodate the demands of private fuel suppliers, with Energy…
COLOMBO, October 9, 2026 — Sri Lanka Customs collected Rs. 258.3 billion in September, exceeding its monthly revenue target by 32.1%, as stronger collections from…
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…
MARKETS
COLOMBO, October 13, 2026 — Sri Lanka’s stock market closed lower as selling pressure on heavyweight counters, including Hemas Holdings, LOLC Holdings and Cargills, dragged…
COLOMBO, October 11, 2026 — Sri Lanka’s stock market ended the week’s final trading session in positive territory, supported by price gains in Dialog Axiata,…
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…
NATION
COLOMBO, October 20, 2026 — China Merchants Port Holdings’ withdrawal from a US$392 million logistics development at the Port of Colombo has raised concerns over…
COLOMBO, October 19, 2026 — Sri Lanka generated US$2.245 billion in tourism earnings during the first nine months of 2026, although revenue from the sector…
TOKYO / COLOMBO, 17 October 2026 — Japan has reaffirmed its commitment to a roadmap for a Sri Lanka–Japan Export-Oriented Industrial Corridor following talks with…
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…
world
LONDON, October 17, 2026 — Global oil prices have climbed to their highest levels in months, with Brent crude touching $110 a barrel for the…
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…