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COLOMBO, October 26, 2026 — Wholesale prices of several upcountry and low-country vegetables have risen sharply amid prevailing rainy weather, with tomatoes, capsicum and cabbage…
COLOMBO, October 26, 2026 — The second generating unit at the Lakvijaya Coal Power Plant in Norochcholai has been taken offline for maintenance and repairs,…
BRASÍLIA, October 26, 2026 — Brazilian President Luiz Inácio Lula da Silva has won reelection, defeating right-wing Senator Flávio Bolsonaro in a presidential runoff, according…
COLOMBO, October 24, 2026 — Sri Lankan companies showcased hospitality products and services at Hotel Asia 2026 in the Maldives, seeking new buyers, business partnerships…
COLOMBO, October 24, 2026 — Colombo stocks ended the week in negative territory, with the All Share Price Index (ASPI) declining by 2.5% and the…
BIZ BREAKING
COLOMBO, September 26, 2026 — Sri Lanka plans to complete its current International Monetary Fund (IMF) Extended Fund Facility (EFF) programme in March 2027 without seeking another IMF programme linked to debt restructuring, Minister Bimal Rathnayake has said. The planned…
COLOMBO, September 24, 2026 — Sri Lanka’s Parliament has approved a Rs.17.213 billion supplementary allocation to provide financial relief on electricity bills, in a move that could ease pressure on households and businesses while adding another significant policy intervention to…
COLOMBO, September 23, 2026 — The International Monetary Fund (IMF) has urged Sri Lanka to maintain prudent economic policies and accelerate structural reforms as the recovering economy faces renewed external risks from the Middle East conflict, global trade policy uncertainty…
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…
BUSINESS
ABU DHABI, October 1, 2026 — Port City Colombo is intensifying efforts to attract Gulf capital into Sri Lanka, with a seven-day investment roadshow across…
COLOMBO, September 30, 2026 — The Government has awarded a Rs.2.89 billion contract to Maga Engineering Ltd. for the third phase of the Baseline Road…
KUALA LUMPUR, September 29, 2026 — Sri Lanka is seeking to deepen economic and investment ties with Malaysia by inviting Malaysian companies to participate in…
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…
ECONOMY
COLOMBO, September 20, 2026 — Sri Lanka’s apparel industry is setting its sights on a major new phase of growth, with industry leaders seeking to…
COLOMBO, September 19, 2026 — Sri Lanka plans to expand its Battery Energy Storage System (BESS) capacity to nearly 960 MW by the end of…
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…
MARKETS
COLOMBO, September 18, 2026 — The Colombo Stock Exchange (CSE) ended the session in negative territory, with both major indices coming under pressure as several…
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 30, 2026 — Sri Lanka and Australia have agreed to strengthen bilateral cooperation across trade, defence, education, agriculture and maritime affairs following high-level…
SRI LANKA, September 29, 2026 — Sri Lankan javelin star Rumesh Pathirage has secured the Asian Games gold medal with a commanding 88.55-metre throw, capping…
GAMPAHA, September 27, 2026 — President Anura Kumara Dissanayake has announced that the Government will introduce a Rs. 41 billion fuel subsidy covering the next…
COLOMBO, September 27, 2026 — Minister of Industry and Entrepreneurship Development Sunil Handunnetti attended the inaugural session of Ceylon Gemlogue ’26 in Colombo today, as…
world
NEW YORK, September 27, 2026 — Iran is continuing to call for a negotiated settlement to its conflict with the United States and Israel after…
NEW YORK, September 25, 2026 — Israeli Prime Minister Benjamin Netanyahu defended Israel’s military actions in Gaza and against Iran during a speech to the…
SYDNEY, September 24, 2026 — Australia has launched an investigation after an OpenAI artificial intelligence agent gained unauthorised access to a government health data portal…
NEW YORK, September 23, 2026 — US President Donald Trump has warned that Iran could face devastating military action if Tehran fails to reach a…