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COLOMBO, November 5, 2026 — Fitch Ratings has upgraded the National Long-Term Ratings of three Sri Lankan bank-owned non-bank financial institutions, reflecting their parent banks’…
COLOMBO, November 5, 2026 — Stocks rallied at the Colombo Stock Exchange during the first hour of trading today, with the All Share Price Index…
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…
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
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…
COLOMBO, October 7, 2026 — The Colombo Stock Exchange (CSE) and Commercial Bank of Ceylon PLC have entered into a Memorandum of Understanding (MoU) to…
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 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…
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…
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…