Tucker Carlson Warns of Possible Nuclear Strike on Iran Within Days — Markets and Energy Supply at Risk.

Nov 2, 2026 7 days ago 5 min read
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Tucker Carlson claimed early Monday that the Trump administration is under intense pressure from Israeli Prime Minister Benjamin Netanyahu to launch a nuclear strike on…

ASPI Falls 10.97% in Ten Months as October Wipes Rs. 441 Billion Off Market Value

Nov 2, 2026 7 days ago 1 min read
ASPI Falls 10.97% in Ten Months as October Wipes Rs. 441 Billion Off Market Value

COLOMBO, November 2, 2026 — Sri Lanka’s benchmark All Share Price Index (ASPI) declined by 10.97% during the first ten months of 2026, while the…

CPC Raises Petrol and Diesel Prices; Lanka IOC Matches Two Fuel Rates

Nov 2, 2026 7 days ago 1 min read
CPC Raises Petrol and Diesel Prices; Lanka IOC Matches Two Fuel Rates

COLOMBO, November 2, 2026 — The Ceylon Petroleum Corporation (CPC) has increased petrol and diesel prices, effective from midnight on November 1, while leaving kerosene…

Home Lands Showcases Sri Lankan Property Investment Opportunities in Ottawa

Nov 2, 2026 7 days ago 1 min read
Home Lands Showcases Sri Lankan Property Investment Opportunities in Ottawa

COLOMBO, November 2, 2026 — Home Lands has showcased Sri Lankan real estate investment opportunities at a property investment roadshow in Ottawa, Canada, engaging prospective…

Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

Oct 31, 2026 1 week ago 3 min read
Fitch Upgrades BOC, People’s Bank and Commercial Bank; Downgrades Cargills Bank

COLOMBO, October 31, 2026 — Fitch Ratings has upgraded the National Long-Term Ratings of Bank of Ceylon, People’s Bank and Commercial Bank, while downgrading Cargills…

Sri Lanka’s Official Reserves Top US$7 Billion in October, Rising 3.2%

COLOMBO, November 7, 2026 — Sri Lanka’s official reserve assets rose to US$7.086 billion at the end of October 2026,…

BIZ BREAKING

EDB Appoints 24 Export Advisory Committees to Drive Sri Lanka’s US$36 Billion Export Target

Oct 9, 2026 1 month ago 4 min read
EDB Appoints 24 Export Advisory Committees to Drive Sri Lanka’s US$36 Billion Export Target

Minister Sunil Handunnetti, EDB Chairman Mangala Wijesinghe COLOMBO, October 9, 2026 — Sri Lanka has established 24 export advisory committees for 2026–2029 to help remove regulatory barriers, improve business competitiveness and accelerate progress towards its ambitious target of generating US$36 billion…

CBSL Survey Tracks Financial Sector Risks and Confidence in Sri Lanka’s Financial System

Oct 8, 2026 1 month ago 2 min read
CBSL Survey Tracks Financial Sector Risks and Confidence in Sri Lanka’s Financial System

COLOMBO, October 8, 2026 — The Central Bank of Sri Lanka (CBSL) has released the key findings of its Systemic Risk Survey (SRS) for the second half of 2026, providing an updated assessment of how financial market participants view risks…

BOI Accelerates Northern Province Investment Drive with Two New Export Processing Zones

Oct 7, 2026 1 month ago 4 min read
BOI Accelerates Northern Province Investment Drive with Two New Export Processing Zones

JAFFNA, October 7, 2026 — The Board of Investment of Sri Lanka (BOI) is accelerating plans to transform the Northern Province into a new investment and export hub, with the proposed Export Processing Zones (EPZs) at Paranthan and Kankesanthurai (KKS)…

Sri Lanka, ADB Map Out Development Priorities for 2026–2029

Oct 6, 2026 1 month ago 2 min read
Sri Lanka, ADB Map Out Development Priorities for 2026–2029

COLOMBO, October 6, 2026 — Sri Lanka and the Asian Development Bank (ADB) have begun discussions on a multi-year development programme for 2026–2029, with the government seeking to prioritise projects that can accelerate economic development while supporting fiscal targets and…

BUSINESS

Dipped Products Opens Rs. 4.2 Billion Glove Manufacturing Plant in Katunayake EPZ

Oct 13, 2026 4 weeks ago 2 min read
Dipped Products Opens Rs. 4.2 Billion Glove Manufacturing Plant in Katunayake EPZ

KATUNAYAKE, October 13, 2026 — Dipped Products PLC (DPL), the Hayleys Group’s glove manufacturing business, has commenced operations at a new Rs. 4.2 billion manufacturing…

Sungrow Commissions Sri Lanka’s 10 MW/40 MWh Battery Storage Project in Galle

Oct 12, 2026 4 weeks ago 5 min read
Sungrow Commissions Sri Lanka’s 10 MW/40 MWh Battery Storage Project in Galle

GALLE, October 12, 2026 — Global renewable energy technology supplier Sungrow has commissioned a 10 MW/40 MWh battery energy storage system (BESS) developed by WKV…

JETOUR Expands Sri Lankan Footprint with Second Showroom at Colombo City Centre

Oct 11, 2026 4 weeks ago 2 min read
JETOUR Expands Sri Lankan Footprint with Second Showroom at Colombo City Centre

COLOMBO, October 11, 2026 — Chinese automotive brand JETOUR is expanding its retail presence in Sri Lanka with the opening of its second showroom at…

Sri Lankan Exporters Secure US$50,000 in Orders at Maldives Trade Exhibition, Negotiate Further US$150,000

Oct 9, 2026 1 month ago 3 min read
Sri Lankan Exporters Secure US$50,000 in Orders at Maldives Trade Exhibition, Negotiate Further US$150,000

COLOMBO, October 9, 2026 — Sri Lankan exporters have secured approximately US$50,000 in confirmed orders and are negotiating a further US$150,000 in potential business following…

ECONOMY

Fuel Prices Rise as New Rates Take Effect Across Sri Lanka

Oct 1, 2026 1 month ago 2 min read
Fuel Prices Rise as New Rates Take Effect Across Sri Lanka

COLOMBO, October 1, 2026 — Revised fuel prices have come into effect across Sri Lanka from today, with the Ceylon Petroleum Corporation (CPC) increasing the…

CBSL Holds Policy Rate at 8.75% as Inflation and External Risks Persist

Sep 30, 2026 1 month ago 4 min read
CBSL Holds Policy Rate at 8.75% as Inflation and External Risks Persist

COLOMBO, September 30, 2026 — The Central Bank of Sri Lanka (CBSL) has kept its Overnight Policy Rate (OPR) unchanged at 8.75%, opting to maintain…

Rupee Weakens Against Dollar as Selling Rates Move Towards Rs. 335

Sep 28, 2026 1 month ago 2 min read
Rupee Weakens Against Dollar as Selling Rates Move Towards Rs. 335

COLOMBO, September 28, 2026 — The Sri Lankan Rupee weakened further against the US Dollar at several commercial banks today, with dollar selling rates moving…

Fitch Upgrade Signals Improving Confidence in Sri Lanka’s Post-Crisis Economy

Sep 27, 2026 1 month ago 4 min read
Fitch Upgrade Signals Improving Confidence in Sri Lanka’s Post-Crisis Economy

COLOMBO, September 27, 2026 — Sri Lanka’s latest sovereign credit-rating upgrade by Fitch Ratings is strengthening the country’s position in international financial markets, marking another…

MARKETS

CSE Snaps Six-Session Losing Streak as Buying Interest Improves

Oct 2, 2026 1 month ago 3 min read
CSE Snaps Six-Session Losing Streak as Buying Interest Improves

COLOMBO, October 2, 2026 — The Colombo Stock Exchange snapped a six-session losing streak on Thursday, with both benchmark indices closing higher as buying interest…

CSE Indices Close Lower as Turnover Tops Rs. 1.6 Billion

Oct 1, 2026 1 month ago 2 min read
CSE Indices Close Lower as Turnover Tops Rs. 1.6 Billion

COLOMBO, October 1, 2026 — Sri Lanka’s stock market closed lower, with both benchmark indices ending in negative territory as price declines in key counters…

CSE Slips Below 21,000 as Turnover Hits Year-to-Date Low

Sep 29, 2026 1 month ago 3 min read
CSE Slips Below 21,000 as Turnover Hits Year-to-Date Low

COLOMBO, September 28, 2026 — The Colombo Stock Exchange started the week under pressure, with the benchmark ASPI falling below the 21,000 level as broad-based…

CSE Ends Lower as Dialog Axiata and Richard Pieris Weigh on Indices

Sep 25, 2026 1 month ago 3 min read
CSE Ends Lower as Dialog Axiata and Richard Pieris Weigh on Indices

COLOMBO, September 25, 2026 — Sri Lankan equities ended the session in negative territory as selling pressure on key counters including Dialog Axiata, Richard Pieris…

NATION

Sri Lankan Scientist Themiya Nanayakkara Helps Discover Record-Breaking Radio Burst from 10 Billion Years Ago

Oct 9, 2026 1 month ago 3 min read
Sri Lankan Scientist Themiya Nanayakkara Helps Discover Record-Breaking Radio Burst from 10 Billion Years Ago

COLOMBO, October 9, 2026 — Sri Lankan scientist Themiya Nanayakkara has contributed to a landmark international astronomy discovery involving the oldest fast radio burst ever…

Sri Lanka-Thailand Visa-Free Travel Agreement Gets Cabinet Approval

Oct 6, 2026 1 month ago 2 min read
Sri Lanka-Thailand Visa-Free Travel Agreement Gets Cabinet Approval

COLOMBO, October 6, 2026 — The Cabinet of Ministers has approved a proposal to sign a visa exemption agreement between Sri Lanka and Thailand, allowing…

Energy Ministry Orders Companies to Maintain Minimum Fuel Stocks

Oct 6, 2026 1 month ago 2 min read
Energy Ministry Orders Companies to Maintain Minimum Fuel Stocks

COLOMBO, October 6, 2026 — Sri Lanka’s Energy Ministry has instructed relevant companies to maintain minimum fuel stock levels to ensure uninterrupted availability of petroleum…

Multilac Upgrades Colombo Municipal Council Day Care Centre for Children’s Day

Oct 5, 2026 1 month ago 2 min read
Multilac Upgrades Colombo Municipal Council Day Care Centre for Children’s Day

COLOMBO, October 5, 2026 — Multilac has completed a series of facility improvements at the Colombo Municipal Council Day Care Centre as part of a…

world

Trump Administration Proposes Up to $70,000 Fee for International Students Seeking Work Training

Oct 8, 2026 1 month ago 3 min read
Trump Administration Proposes Up to $70,000 Fee for International Students Seeking Work Training

WASHINGTON, October 8, 2026 — The Trump administration has proposed a major increase in fees for international students seeking work-based training in the United States,…

China’s Deflationary Pressures Deepen as Domestic Demand Remains Weak

Oct 6, 2026 1 month ago 3 min read
China’s Deflationary Pressures Deepen as Domestic Demand Remains Weak

BEIJING, October 6, 2026 — China’s economic recovery is facing mounting pressure as weak domestic demand, persistent industrial overcapacity and a prolonged property downturn continue…

Trump Says Iran Has ‘Virtually Given Up’ Plans for Nuclear Weapons

Oct 4, 2026 1 month ago 3 min read
Trump Says Iran Has ‘Virtually Given Up’ Plans for Nuclear Weapons

WASHINGTON, October 4, 2026 — US President Donald Trump has said Iran has “virtually given up” plans to develop nuclear weapons, offering a potentially significant…

UAE Says Flydubai Co-Pilot Attacked Captain in Suspected Terror Plot

Oct 3, 2026 1 month ago 2 min read
UAE Says Flydubai Co-Pilot Attacked Captain in Suspected Terror Plot

DUBAI, October 3, 2026 — The United Arab Emirates has said a Flydubai co-pilot allegedly attempted to carry out a terrorist attack aboard a flight…