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Oil hits three-week high as Hormuz impasse keeps supply tight
Brent rose 2.7% to $94.06 a barrel on Thursday, a fifth straight session of gains, as the deadlock in the Iran war continued to squeeze Middle East supply.
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Cabinet clears Rs. 25.58bn revised contract to finish Sethsiripaya Phase III
Cabinet approves revised Rs. 38.48bn contract for Sethsiripaya Phase III completion; cost nearly doubled.
Business
Sri Lanka sells extra Rs. 14bn in Treasury bills on tap as yields fall
The debt office took the week's total to Rs. 154 billion, with tap rates well below the levels seen at auction in late July.
Business
US national debt passes $40 trillion, doubling in under a decade
Treasury figures put total public debt at $40.047 trillion, arriving faster than the CBO had projected and pushing 30-year yields to a near 20-year high.
Business
Bank officials further remanded over US$1bn outflow; court orders probe into senior staff
A businessman and four bank officials were remanded until September 3, as the magistrate ordered the FCID to examine whether senior bank staff aided the scheme.
Business
ADB lends US$200 million for post-Cyclone Ditwah reconstruction
Sri Lanka has signed a US$200 million ADB loan to rebuild roads and irrigation systems and restore livelihoods in areas hit by Cyclone Ditwah.
Business
Ahangama beachfront cafés demolished as coastal enforcement widens
At least 22 unauthorised structures were pulled down along the Ahangama beach strip, drawing warnings from tourism operators and criticism from the SJB.
Business
Teenager held with Rs. 10.4 million in CID undiyal raid in Colombo
Teenager arrested in Colombo money-laundering raid with Rs. 10.4 million and counterfeit notes.
Business
Coal tenders were built on estimates, not plant requirements, commission told
Coal tender documents used estimates instead of actual plant requirements, audit officer tells Presidential Commission.
Business
Colombo land values rise 5.9% in first half of 2026 as growth slows sharply
Colombo land values rise 5.9% in first half of 2026 as residential prices grow at half last year's rate.
Business
CSE falls a second session as ASPI slips to 21,416
Both benchmark indices closed lower on Wednesday on negative breadth, though foreign investors turned net buyers with a Rs. 103 million inflow.
Business
Importers briefed on digital signatures as paperless customs nears October 1 start
The Ceylon Chamber of Commerce briefed importers on obtaining digital signatures ahead of the paperless customs declaration system going live on October 1.
Business
Compensation fast-tracked for 4,707 farmers as drought hits five districts
Drought damages 6,073 acres of paddy across five districts; compensation fast-tracked for farmers.
Business
Government rejects bankruptcy warning, says reserves on track for $8bn
Two deputy ministers defended Sri Lanka's reserve position on Wednesday, rebutting Ranil Wickremesinghe's warning of a post-2028 debt crunch.
Business
Tourist arrivals pass 113,000 in first 16 days of August
SLTDA figures put August arrivals at 113,307 to date and the year's total at 1,456,725, with India supplying about 22% of visitors this month.
Business
Vietjet launches Colombo–Ho Chi Minh City service with Sri Lankan crew at the controls
Vietjet launches Colombo–Ho Chi Minh City service, giving Sri Lanka a second direct Vietnam link in days.
Business
Regulators seize 1,090kg of unregistered animal medicines
A 1,090kg stock of unregistered veterinary medicines worth around Rs. 3 million was destroyed at Kerawalapitiya after a joint CAA and DAPH raid.
Business
CAA seizes Rs. 5 million of substandard vehicle parts in Kadawatha
Consumer Affairs Authority seized Rs. 5 million of substandard vehicle spare parts and lubricants in Kadawatha for standards and pricing violations.
Business
Rising global diesel prices remain a concern, CPC chairman says
CPC Chairman D.J. Rajakaruna says global diesel prices are climbing faster than crude benchmarks, making the next price revision challenging.
Business
CSE slides on broad selling as ASPI closes below 21,500
The All Share Price Index shed 137.81 points to 21,479.07 on Tuesday, with 171 decliners against 48 advancers and a Rs. 606 million foreign outflow.
Business
Sri Lanka's Doha embassy recovers Rs. 80.8mn in death compensation
Sri Lanka's Doha embassy recovered over Rs. 80.8 million in death compensation for families of workers who died in Qatar in the first seven months of 2026.
Business
Cabinet moves to criminalise unauthorised overseas fund transfers
Cabinet approves criminalizing unauthorised overseas fund transfers under Foreign Exchange Act.
Business
Applications open for 11th phase of interest-free student loan scheme
Applications for the 11th phase of Sri Lanka's interest-free student loan scheme are open until September 27, covering over 129 degree programmes.
Business
Wickremesinghe warns of a 'third war' after 2028 without $7bn more in reserves
The former President says reserves must reach about $15 billion by 2028 to meet debt repayments, against a projected $8 billion at end-2026.