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Japan Grants Rs. 4.56 Billion for Kelani River Pumping Project to Protect Businesses and Communities
COLOMBO, October 29, 2026 — Japan has agreed to provide JPY 2.179 billion, approximately Rs. 4.56 billion, in grant assistance for a Kelani River pumping…
COLOMBO, October 29, 2026 — Global commodity prices are projected to increase by 23% in 2026, with rising energy costs, disrupted trade and threats to…
COLOMBO, October 29, 2026 — Colombo stock market indices closed higher, supported by price gains in Commercial Bank, Dialog Axiata and Hatton National Bank, while…
COLOMBO, October 29, 2026 — The Central Bank of Sri Lanka (CBSL) has listed 27 entries covering companies, mobile applications and related entities determined to…
MUMBAI, October 29, 2026 — Mukesh Ambani’s Reliance Jio Platforms climbed approximately 27% on its Mumbai stock market debut on Wednesday, reaching a valuation of…
BIZ BREAKING
COLOMBO, September 29, 2026 — Sri Lanka is stepping up efforts to attract Saudi investment into new development projects, seeking to transform its longstanding relationship with the Kingdom into a broader commercial partnership spanning investment, trade, infrastructure and private-sector development.…
COLOMBO, September 27, 2026 — Sri Lanka could face renewed economic instability if it abandons its structural engagement with the International Monetary Fund (IMF) after the current programme ends in 2027, the Dinana Dakuna collective has warned. In a statement,…
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…
BUSINESS
B D A Perera, Chairman and Naleen Edirisinghe Director/CEO of Pan Asia Bank COLOMBO, October 3, 2026 — Pan Asia Banking Corporation PLC has secured…
COLOMBO, October 2, 2026 — The Asian Development Bank (ADB) has approved a $100 million results-based loan to support Sri Lanka’s efforts to modernise its…
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…
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
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
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…
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…
world
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…
MUMBAI, September 20, 2026 — Canada remains optimistic about concluding negotiations on a Comprehensive Economic Partnership Agreement (CEPA) with India by the end of this…