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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…
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,…
BIZ BREAKING
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…
COLOMBO, September 19, 2026 — Sri Lanka has connected its first grid-scale standalone Battery Energy Storage System (BESS) to the national electricity grid, marking a significant development in the country’s renewable energy and power infrastructure sector. The 10 MW/40 MWh…
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…
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…
BUSINESS
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…
COLOMBO, September 27, 2026 — Sri Lanka is targeting four million tourist arrivals and US$8 billion in annual tourism revenue by 2030, as the Government…
NEW YORK, September 26, 2026 — Iran has offered the United States a potential agreement that could reopen the Strait of Hormuz within seven days,…
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…
ECONOMY
COLOMBO, September 18, 2026 — The International Monetary Fund (IMF) has commended Sri Lanka’s recent progress in maintaining fiscal discipline, increasing government revenue and attracting…
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…
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 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…
MARKETS
COLOMBO, September 16, 2026 — Aitken Spence Hotel Holdings PLC has successfully secured strong investor demand for its maiden listed, rated, unsecured, senior redeemable debenture…
Sri Lanka’s Asia Asset Finance PLC has raised approximately Rs. 1.5 billion through a rights issue, strengthening its capital base as the company moves forward…
NATION
COLOMBO, September 27, 2026 — Minister of Industry and Entrepreneurship Development Sunil Handunnetti attended the inaugural session of Ceylon Gemlogue ’26 in Colombo today, as…
COLOMBO, September 27, 2026 — Adverse weather conditions have affected 3,495 people from 943 families across 104 Divisional Secretariat (DS) divisions in 15 districts, according…
COLOMBO, September 26, 2026 — The Department of Meteorology has issued an “Amber” advisory for high waves covering sea areas from Chilaw to Pottuvil, including…
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…
world
LONDON, September 18, 2026 — Singapore Airlines (SIA) has been named the World’s Best Airline for 2026 at the Skytrax World Airline Awards, reclaiming the…
NEW DELHI, September 18, 2026 — Indian Prime Minister Narendra Modi has stepped up efforts to position India as a major global destination for semiconductor…
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, 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…