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WASHINGTON, November 5, 2026 — Democratic Senator Jon Ossoff has emerged as the leading prospect for the 2028 US presidency on prediction platform Polymarket following…
MADRID, November 4, 2026 —One year after receiving the World Demolition Award for Innovation in Nashville, Tennessee Laurini Officine Meccaniche has again taken the spotlight…
Colombo Stocks Rise as Dialog, Overseas Realty and Hayleys Lead Gains; Turnover Tops Rs. 1.5 Billion
COLOMBO, November 4, 2026 — The Colombo Stock Exchange’s benchmark indices closed higher, supported by price gains in Dialog Axiata, Overseas Realty and Hayleys, with…
COLOMBO, November 4, 2026 — The Cabinet of Ministers has approved three contracts totalling Rs. 3,334.28 million, excluding VAT and other applicable taxes, to rehabilitate…
COLOMBO, November 4, 2026 — LAUGFS Gas PLC has requested three months of temporary permission to supply the domestic LPG market through its Hambantota terminal,…
BIZ BREAKING
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…
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)…
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…
COLOMBO, October 3, 2026 — Sri Lanka has formally locked in a 5% inflation target for the next three years, reinforcing price stability as the central anchor for monetary policy and providing businesses and investors with a clearer medium-term economic…
BUSINESS
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…
COLOMBO, October 11, 2026 — Chinese automotive brand JETOUR is expanding its retail presence in Sri Lanka with the opening of its second showroom at…
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…
MELBOURNE, October 8, 2026 — Prime Group is strengthening Sri Lanka’s position as an international real estate investment destination, following recognition for its contribution to…
ECONOMY
COLOMBO, September 28, 2026 — The Sri Lankan Rupee weakened further against the US Dollar at several commercial banks today, with dollar selling rates moving…
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…
COLOMBO, September 25, 2026 — Sri Lanka’s expressway network suffered more than Rs. 4.6 billion in revenue losses over a period of four years and…
COLOMBO, September 23, 2026 — Sri Lanka needs to move beyond crisis management and accelerate structural reforms across trade, taxation, human capital, social protection, agriculture,…
MARKETS
COLOMBO, September 25, 2026 — Sri Lankan equities ended the session in negative territory as selling pressure on key counters including Dialog Axiata, Richard Pieris…
COLOMBO, September 24, 2026 — Small and medium-sized enterprises (SMEs) in Anuradhapura and Jaffna are being introduced to alternative avenues for raising growth capital as…
COLOMBO, September 23, 2026 — The Colombo Stock Exchange rebounded on 22 September 2026, with both benchmark indices closing higher after sentiment improved sharply during…
COLOMBO, September 20, 2026 — Sri Lankan businesses are facing renewed cost pressures as international crude oil prices remain above US$100 a barrel, raising the…
NATION
DAMBULLA, October 11, 2026 — A new hospital complex estimated to cost Rs. 12 billion is planned for Dambulla to address overcrowding and space constraints…
COLOMBO, October 9, 2026 — Sri Lankan scientist Themiya Nanayakkara has contributed to a landmark international astronomy discovery involving the oldest fast radio burst ever…
COLOMBO, October 6, 2026 — The Cabinet of Ministers has approved a proposal to sign a visa exemption agreement between Sri Lanka and Thailand, allowing…
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…
world
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…
WASHINGTON, October 4, 2026 — US President Donald Trump has said Iran has “virtually given up” plans to develop nuclear weapons, offering a potentially significant…
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…
NEW DELHI, October 2, 2026 — India’s Cabinet has approved a Rs. 1.86 trillion (US$19.42 billion) investment programme to strengthen the country’s power transmission network…