Sri Lanka's rooftop solar at a crossroads as tariff hikes drive uptake — former CEB GM
Net metering, accounting and net plus underpin the shift, but transformer capacity and approval delays still constrain household and commercial installations.
Net metering, accounting and net plus underpin the shift, but transformer capacity and approval delays still constrain household and commercial installations.
Regional Plantation Companies plan palm oil investments after a 13-member expert panel found no environmental or health basis for Sri Lanka's seven-year ban.
Sri Lanka's rupee closed at 319.75/320.00 to the US dollar on Thursday as April inflation hit the Central Bank's 5% mid-point target.
Seylan Bank reported a Q1 2026 profit after tax of Rs. 2.91 billion, up 5.25% year-on-year, with assets growing from Rs. 785 billion to Rs. 943 billion.
Active credit cards reach 2,193,380 as economic recovery and lower interest rates lift card usage; analysts flag possible slowdown from fuel rationing.
Colombo CCPI surged from 2.2% in March to 5.4% in April, hitting the Central Bank's upper target as transport and energy costs spiked.
Cabinet has approved submitting new CBSL rules formalising the bank's statistics powers and penalties for non-compliance, gazetted under the 2023 CBSL Act.
Colombo International Container Terminals handled 10,407 moves on the MSC INGY, equivalent to 15,113 TEUs, beating its single-vessel handling record.
ASPI rose 0.07% to 22,635 on Wednesday with Janashakthi Limited (JXG) up 37% on listing, while the rupee weakened to 319.75/320.60 against the dollar.
BAT veteran Sarmad Abbasi takes over from Fariyha Subhani as Managing Director and CEO of Ceylon Tobacco Company PLC from 1 May 2026.
Sri Lanka Customs collected Rs. 186.5 billion in the first 27 days of April, exceeding its monthly target of Rs. 181.3 billion.
Sri Lanka Customs detected 2,580kg of turmeric powder and 3,950kg of dried turmeric fingers concealed inside a gypsum plaster shipment from India.
Emerald Investments acquired Hela's Thihariya and Palapathwala factories and UK subsidiary Focus Brands for $8 million, completing Hela's exit.
FAO will give 3,489 paddy farmers in Anuradhapura digital fertilizer e-vouchers worth $300,000 to recover production hit by Cyclone Ditwah ahead of Yala.
LB Finance raised $15 million in senior debt from Swiss impact manager Enabling Qapital via the EMF Microfinance Fund for MSME lending.
A canteen vendor on the Colombo–Batticaloa 'Meenagaya' train was fined Rs. 100,000 for selling 1,000ml water bottles at Rs. 160 instead of the Rs. 100 MRP.
Virtusa co-founder Shanil Fernando has resigned as NDB Independent Non-Executive Director effective April 27, four months after joining the board.
Prima Ceylon raised wheat flour by Rs. 5 to Rs. 225 per kg from April 29 over higher transport costs; bakery owners say bread prices will hold.
PUCSL has invited written and oral submissions until May 6 on the NSO's revised Q2–Q3 cost estimate, with final tariffs to be announced May 9.
Singer (Sri Lanka) signed a sale and purchase agreement to acquire ACME Printing and Packaging's Piliyandala factory for Rs. 630 million, the company said.
An ADB delegation met EDB officials on Cabinet approval, Phase 2 technical assistance and a steering committee for the 2026–2030 export plan.
Delayed payments by individuals and businesses hit by Cyclone Ditwah will not be reported as overdue, the Credit Information Bureau says; six-month window.
Janashakthi Ltd. (JXG) will list on the Colombo Stock Exchange on April 29 after its Rs. 5 billion IPO drew bids worth Rs. 15.16 billion.
Cabinet has approved a call for investment proposals to develop a 1.5-acre UDA land at Maradana Road as an IT and innovation hub on a 50-year lease.