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COLOMBO, October 20, 2026 — Vidullanka PLC and David Pieris Motor Company have inaugurated a 10 MW solar power plant in Ranna, expanding Sri Lanka’s…
COLOMBO, October 20, 2026 — Colombo stock market indices closed lower as price declines in Dialog Axiata, Hatton National Bank and Hemas Holdings weighed on…
COLOMBO, October 20, 2026 — China Merchants Port Holdings’ withdrawal from a US$392 million logistics development at the Port of Colombo has raised concerns over…
BEIJING, October 20, 2026 — China’s economy expanded by 4.5% in the third quarter, slightly exceeding market expectations as strong exports helped offset weak domestic…
COLOMBO, October 19, 2026 — Sri Lanka’s total government expenditure is projected to increase by 12.6% to Rs. 4.993 trillion in 2027, from Rs. 4.434…
BIZ BREAKING
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…
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
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
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…
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’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
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
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…
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…