Home Lands Completes Piling for Port City’s Central Park Boulevard Ahead of Schedule

Oct 15, 2026 7 days ago 4 min read
Home Lands Completes Piling for Port City’s Central Park Boulevard Ahead of Schedule

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,…

IRD Sets November 30 Deadline for 2025/2026 Income Tax Returns

Oct 15, 2026 7 days ago 2 min read
IRD Sets November 30 Deadline for 2025/2026 Income Tax Returns

COLOMBO, October 15, 2026 — The Inland Revenue Department (IRD) has reminded individuals registered for income tax to submit their income tax returns for the…

Sri Lanka Wins Leading Wellness Destination Award at SATA 2026

Oct 15, 2026 7 days ago 2 min read
Sri Lanka Wins Leading Wellness Destination Award at SATA 2026

MALÉ, October 15, 2026 — Sri Lanka has been named the Leading Wellness Destination at the 10th South Asian Travel Awards (SATA) 2026, securing the…

CSE Closes in Red as Dialog Axiata and Key Counters Weigh on Indices

Oct 15, 2026 7 days ago 2 min read
CSE Closes in Red as Dialog Axiata and Key Counters Weigh on Indices

COLOMBO, October 15, 2026 — The Colombo Stock Exchange (CSE) ended the trading session in negative territory, with declines in Dialog Axiata, Carson Cumberbatch and…

Petrol-Only Vehicles Fall Below 50% of Global Auto Market for First Time

Oct 15, 2026 7 days ago 5 min read
Petrol-Only Vehicles Fall Below 50% of Global Auto Market for First Time

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…

Sri Lanka’s Tea Export Earnings Top US$1 Billion as Rupee Revenue Rises Despite Dollar Decline

COLOMBO, October 21, 2026 — Sri Lanka earned approximately US$1.083 billion from tea exports during the first nine months of…

BIZ BREAKING

WindForce Boosts Renewable Portfolio to 268 MW with Battery Storage and Floating Solar

Sep 18, 2026 1 month ago 2 min read
WindForce Boosts Renewable Portfolio to 268 MW with Battery Storage and Floating Solar

COLOMBO, September 18, 2026 — Renewable energy producer WindForce PLC has expanded its total generation capacity to approximately 268 MW following the commissioning of two new clean-energy projects, including what the company describes as Sri Lanka’s first standalone grid-scale battery…

Cabinet Approves US$112 Million Waterfront Investment in Colombo Port City

Sep 16, 2026 1 month ago 2 min read
Cabinet Approves US$112 Million Waterfront Investment in Colombo Port City

COLOMBO, September 16, 2026 — The Cabinet of Ministers has approved a major investment proposal that will see Prime Melwa (Pvt) Ltd develop a landmark mixed-use waterfront project within Colombo Port City. The company has been approved for designation as…

Sri Lanka Stocks Show Signs of Recovery as CSE Trading Remains Volatile

Sep 14, 2026 1 month ago 3 min read
Sri Lanka Stocks Show Signs of Recovery as CSE Trading Remains Volatile

COLOMBO, September 14, 2026 — Sri Lanka’s stock market showed signs of recovery during Monday’s trading session, with the Colombo Stock Exchange (CSE) benchmarks moving into positive territory after a softer start. The All Share Price Index (ASPI), the benchmark…

BUSINESS

Iran Offers Deal to Reopen Strait of Hormuz Within Seven Days, Raising Hopes for Oil Market Relief

Sep 26, 2026 4 weeks ago 5 min read
Iran Offers Deal to Reopen Strait of Hormuz Within Seven Days, Raising Hopes for Oil Market Relief

NEW YORK, September 26, 2026 — Iran has offered the United States a potential agreement that could reopen the Strait of Hormuz within seven days,…

Fairway Expands East Coast Footprint with Trincomalee Beach Resort Takeover

Sep 25, 2026 4 weeks ago 4 min read
Fairway Expands East Coast Footprint with Trincomalee Beach Resort Takeover

TRINCOMALEE, September 25, 2026 — Fairway Holdings is expanding its presence in Sri Lanka’s tourism industry with a long-term hotel management agreement for Trincomalee Beach…

Sri Lanka’s Agrifood Sector Has Major Export Potential Through High-Value Agriculture and Processing

Sep 24, 2026 4 weeks ago 5 min read
Sri Lanka’s Agrifood Sector Has Major Export Potential Through High-Value Agriculture and Processing

COLOMBO, September 24, 2026 — Sri Lanka’s agrifood sector has significant potential to become a stronger driver of export growth, investment and higher-productivity employment if…

Sri Lanka’s Exports Cross US$12 Billion in First Eight Months of 2026

Sep 23, 2026 4 weeks ago 3 min read
Sri Lanka’s Exports Cross US$12 Billion in First Eight Months of 2026

COLOMBO, September 23, 2026 — Sri Lanka’s total exports surpassed the US$12 billion milestone during the first eight months of 2026, reaching an estimated US$12.01…

ECONOMY

CBSL Exchange Rates: US Dollar Selling Rate Rises to Rs. 336.92

Sep 17, 2026 1 month ago 1 min read
CBSL Exchange Rates: US Dollar Selling Rate Rises to Rs. 336.92

The Sri Lankan Rupee weakened slightly against the US Dollar on Thursday (17), with the Central Bank of Sri Lanka (CBSL) reporting an increase in…

Sri Lanka Economy Grows 4.2% in Second Quarter of 2026

Sep 16, 2026 1 month ago 3 min read
Sri Lanka Economy Grows 4.2% in Second Quarter of 2026

COLOMBO, September 16, 2026 — Sri Lanka’s economy expanded by 4.2% year-on-year during the second quarter of 2026, according to the latest National Accounts Estimates…

Sri Lanka’s Foreign Reserves Rise to US$6.9 Billion on Record Dollar Purchases

Sep 14, 2026 1 month ago 4 min read
Sri Lanka’s Foreign Reserves Rise to US$6.9 Billion on Record Dollar Purchases

Sri Lanka’s gross official foreign reserves increased to a provisional US$6.9 billion by the end of August 2026, reaching their highest level in five months…

Colombo Port Capacity to Increase by 1.5 Million TEUs as Sri Lanka Targets Continued Growth

Sep 13, 2026 1 month ago 5 min read
Colombo Port Capacity to Increase by 1.5 Million TEUs as Sri Lanka Targets Continued Growth

COLOMBO — Colombo Port is set to expand its handling capacity by a further 1.5 million twenty-foot equivalent units (TEUs), as Sri Lanka moves to…

MARKETS

Sri Lanka stocks trend up Friday, Kotagala to absorb subsidiary

Sep 8, 2026 1 month ago 2 min read
Sri Lanka stocks trend up Friday, Kotagala to absorb subsidiary

Sri Lanka’s Colombo Stock Exchange indices were trading up on Friday morning, CSE data showed, with the benchmark All Share Price Index moving up 0.37…

NATION

Met Department Issues Amber Advisory Over High Waves Along Sri Lankan Coast

Sep 26, 2026 4 weeks ago 1 min read
Met Department Issues Amber Advisory Over High Waves Along Sri Lankan Coast

COLOMBO, September 26, 2026 — The Department of Meteorology has issued an “Amber” advisory for high waves covering sea areas from Chilaw to Pottuvil, including…

Parliament to Vote Today on 22nd Amendment and Judicature Amendment Bills

Sep 25, 2026 4 weeks ago 2 min read
Parliament to Vote Today on 22nd Amendment and Judicature Amendment Bills

COLOMBO, September 25, 2026 — Parliament is scheduled to vote today on the Twenty-Second Amendment to the Constitution Bill and the Judicature (Amendment) Bill, as…

Second Reading Debate on 22nd Amendment Underway in Parliament

Sep 24, 2026 4 weeks ago 3 min read
Second Reading Debate on 22nd Amendment Underway in Parliament

COLOMBO, September 24, 2026 — The Second Reading debate on the proposed 22nd Amendment to the Constitution Bill commenced in Parliament today, with Minister of…

SLIM DIGIS 2.6 Brings Sri Lanka’s Digital Marketing Industry Into the Global Spotlight

Sep 23, 2026 4 weeks ago 3 min read
SLIM DIGIS 2.6 Brings Sri Lanka’s Digital Marketing Industry Into the Global Spotlight

COLOMBO, September 23, 2026 — Sri Lanka’s digital marketing industry gathered at Monarch Imperial, Colombo, on September 22 for the grand finale of SLIM DIGIS…

world

India Steps Up Push to Become Global Semiconductor Manufacturing Hub

Sep 18, 2026 1 month ago 3 min read
India Steps Up Push to Become Global Semiconductor Manufacturing Hub

NEW DELHI, September 18, 2026 — Indian Prime Minister Narendra Modi has stepped up efforts to position India as a major global destination for semiconductor…

Oil Prices Set for Weekly Decline as Saudi Supply Concerns Ease

Sep 18, 2026 1 month ago 3 min read
Oil Prices Set for Weekly Decline as Saudi Supply Concerns Ease

LONDON, September 18, 2026 — Global oil prices are heading for a weekly decline after three consecutive weeks of gains, as concerns over disruptions to…

Zhang Yiming Becomes Asia’s Richest Person Driven by ByteDance’s AI Surge

Sep 17, 2026 1 month ago 2 min read
Zhang Yiming Becomes Asia’s Richest Person Driven by ByteDance’s AI Surge

Zhang Yiming, the 43-year-old founder of TikTok parent company ByteDance, has officially become Asia’s wealthiest individual with a net worth surpassing $105 billion. His personal…

US Reportedly Moves Toward $2.8 Billion Arms Package for Israel

Sep 16, 2026 1 month ago 3 min read
US Reportedly Moves Toward $2.8 Billion Arms Package for Israel

WASHINGTON, September 16, 2026 — The US government is reportedly moving toward approving an arms package worth approximately US$2.8 billion for Israel, according to US…