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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,…
COLOMBO, November 4, 2026 — John Keells Holdings PLC (JKH) recorded a 213% increase in profit attributable to equity holders of the parent to Rs.…
BIZ BREAKING
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…
COLOMBO, October 2, 2026 — Sri Lankan businesses are set to gain access to a record Rs. 95 billion in concessionary financing in 2026, with Rs. 25 billion specifically allocated to small and medium-sized enterprises (SMEs) as the government moves…
COLOMBO, October 1, 2026 — Sri Lanka’s fuel subsidy and higher taxes on vehicle imports have helped contain inflationary pressure while limiting foreign exchange outflows, Central Bank Governor Dr. Nandalal Weerasinghe said. The measures have become key policy tools as…
COLOMBO, September 30, 2026 — An internal investigation has been launched into a diesel discrepancy exceeding Rs.160 million at the Lakvijaya Power Plant in Norochcholai, raising concerns over fuel inventory controls, financial accountability and the management of public resources used…
BUSINESS
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…
COLOMBO, October 7, 2026 — The Colombo Stock Exchange (CSE) and Commercial Bank of Ceylon PLC have entered into a Memorandum of Understanding (MoU) to…
Cinnamon Hotels & Resorts Senior Vice President-Colombo Hotels and Cinnamon Life at City of Dreams Sri Lanka General Manager Kamal Munasinghe (right) with AOD Founder…
COLOMBO, October 5, 2026 — AkzoNobel has agreed to sell its Southeast Asian decorative paints business to Nippon Paint for $1.35 billion, marking a major…
ECONOMY
COLOMBO, September 23, 2026 — Sri Lanka needs to move beyond crisis management and accelerate structural reforms across trade, taxation, human capital, social protection, agriculture,…
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…
MARKETS
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…
COLOMBO, September 19, 2026 — The Colombo Stock Exchange (CSE) closed higher, supported by price gains in counters including Dialog Axiata, Melstacorp and Hayleys, while…
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…
NATION
COLOMBO, October 5, 2026 — Multilac has completed a series of facility improvements at the Colombo Municipal Council Day Care Centre as part of a…
COLOMBO, October 4, 2026 — The Government is working to provide digital connectivity to secondary schools across Sri Lanka by the end of this year,…
COLOMBO, October 3, 2026 — Sri Lanka’s unemployment rate increased to 4.0% in the second quarter of 2026, up from 3.8% during the corresponding quarter…
COLOMBO, October 2, 2026 — A Rs. 22.017 billion development project aimed at strengthening irrigation and water security in Monaragala is expected to benefit approximately…
world
KYIV, October 1, 2026 — Russia has launched its largest attack on Ukraine’s energy infrastructure since the spring, targeting Kyiv and several other regions in…
BAGHDAD, September 30, 2026 — The United States is completing the withdrawal of its forces from their remaining bases in Iraq, ending more than two…
HONG KONG, September 28, 2026 — Cathay Pacific has extended the suspension of its passenger services to parts of the Middle East, cancelling flights to…
NEW YORK, September 27, 2026 — Iran is continuing to call for a negotiated settlement to its conflict with the United States and Israel after…