Business
Sri Lanka hosts officials from 11 Asian nations to showcase JICA-backed farming model
JICA and the Agriculture Department brought 33 participants from 11 Asian countries to study Sri Lanka's SHEP market-oriented farming approach.
Business
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Business
31 Lanka Sathosa outlets closed since 2024, with profitable ones now losing their buildings
Deputy Minister tells Parliament landlords are reclaiming leased premises, forcing even viable state retail outlets to shut as 424 remain open islandwide.
Business
Nations Trust Bank to raise Rs. 13.8bn in rights issue to lift Tier 1 capital
Three non-voting convertible shares for every 22 held, at Rs. 305 each, to strengthen the bank's Common Equity Tier 1 position.
Business
Health Ministry official says paid leave is central to workers' health
Health Ministry official says paid leave is central to workers' health. ILO report raises 'right to disconnect' amid concerns over leave entitlements.
Business
BOI registers US$291mn Sahasdhanavi power agreement, taking Kerawalapitiya towards 1,000 MW
The 350 MW combined cycle plant will run on diesel before switching to RLNG, and is due for completion 42 months from August 13.
Business
SLBFE hands 100 appointments in first open recruitment in 40 years
Minister Vijitha Herath presents letters to IT officers, management assistants, drivers and office assistants drawn from every district.
Business
Government opens multi-purpose loan scheme for migrant workers through SLBFE
Loans for housing, business, vehicles and children's education, tied to proof of employment and remittances through formal banking channels.
Business
Cabinet clears five-year labour agreements with Thailand
An MoU on labour cooperation and an employment agreement will set recruitment rules for Sri Lankan workers — a week before visa-free entry ends.
Business
Work on three expressway projects to begin this year, Transport Minister tells Parliament
Bimal Ratnayake named Katunayake–Chilaw, Kurunegala–Dambulla and Kahatuduwa–Ingiriya. Only the Chilaw route is new to the pipeline.
Business
Construction chamber warns Gulf bitumen shortage could stall road projects
Iran conflict stalls bitumen imports — construction chamber warns procurement challenges could delay road projects across Sri Lanka.
Business
CPC seeks fresh Nigerian crude sample after first one came back contaminated
Chairman D.J. Rajakaruna says the Ceylon Petroleum Corporation is testing whether Nigerian crude can be refined at Sapugaskanda, as world fuel prices climb.
Business
Colombo bourse opens the week higher, ASPI clears 21,650
CSE main index rose 36 points on Monday but surrendered gains by close, settling near flat on light trading amid market caution.
Business
EU and Canal France International back green journalism training for 60 Sri Lankan reporters
An EU-funded programme with Expertise France, CFI, the Sri Lanka Press Institute and the Mass Media Ministry will train 60 journalists in three languages.
Business
Court fines bottler Rs. 40,000 and destroys 8,500 fake-SLS water bottles
Company convicted of counterfeiting Sri Lanka Standards water bottles — 25,000 fake units destroyed after court order.
Business
Hingurakgoda station upgrade begins under 100-station railway programme
The Rs. 40 million public-private project covers a Polonnaruwa District station that has seen no significant development in nearly 45 years.
Business
Jaguar Land Rover to cut 4,000 jobs as Chinese rivals and US tariffs bite
The carmaker will shed staff over two years, mostly at its UK head office, seeking £1.7bn in savings after a cyber-attack and a fifth wiped off sales.
Business
Metro Bus service to reach Galle, Kandy and Jaffna as Kadawatha depot opens
Transport Ministry announces second depot opens in Kadawatha as Metro Bus fleet expands to 172 vehicles by year-end.
Business
Sevanagala sugar strike cost Rs. 250 million, company says as production restarts
Sevanagala sugar strike cost Rs. 250m. Lanka Sugar reports production resumed Sept 5 after Industries Ministry talks.
Business
Sri Lanka and UNDP sign $4.5mn GEF project for coastal biodiversity in three districts
A five-year, US$4.507mn GEF-funded project will target biodiversity and nature-based livelihoods in Ampara, Batticaloa and Hambantota.
Business
Advocata warns early renegotiation of plantation leases could deter investment
Advocata warns early RPC lease renegotiation before 2045 expiry would weaken tenure security and deter foreign investment.
Business
Recruitment industry body paralysed by court fight, leaving 1,000 agencies in limbo
M.Z.M. Azzam says the ALFEA dispute has stalled the statutory association every licensed agency must belong to, and calls on the Ministry to intervene.
Business
Azur Air to resume Russia–Sri Lanka flights in November as British Airways returns in October
Azur Air restarts Russia–Sri Lanka charters on November 2, flying Boeing 767-300s into Mattala. British Airways resumes Gatwick–Colombo on October 23.
Business
Central Bank bought US$579 million from the forex market in August
Rupee strengthened from 336 to 328 per dollar as Central Bank bought US$579m. August intervention heavier than July's no-appreciation hold.
Business
Colombo and Abu Dhabi exchanges sign MoU, opening a route into the Tabadul trading network
The CSE and ADX agreed to cooperate on trading systems, surveillance and clearing, with possible CSE participation in Abu Dhabi's regional digital exchange hub.