Business
CAA seizes Rs. 1.5 million of canned fish from unlicensed Pannala facility
Products from the unlicensed Alabadagama plant were reaching major supermarket chains, the Consumer Affairs Authority said after a tip-off raid.
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Sri Lanka's official reserves rise to USD 6.59 billion in July
Reserves rise to USD 6.59B in July — up 2% month-on-month with gold holdings at USD 192M.
Business
SriLankan Airlines resumes Colombo–Kuwait flights with six services a week
The national carrier has restarted its Kuwait route, suspended in July over the Middle East security situation, with flights on every day except Wednesday.
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Hong Kong's Transwell submits zero-treasury turnaround plan for SriLankan Airlines
Private equity firm Transwell proposes an investor-funded restructuring, with capital released only against on-time, cost and load-factor targets.
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No growth without painful structural reforms, Ahluwalia tells Colombo forum
India's Ahluwalia says Sri Lanka restored macroeconomic stability but must build consensus for harder structural reforms.
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Work begins on $52m AIIB-funded second power cable to Colombo Port
16 km transmission cable project from Kerawalapitiya to Colombo Port begins construction via $52 million AIIB loan.
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Ceylon Chamber renews trade pact with Gujarat business body
Chamber renews trade MoU with Gujarat; Indian delegates eye apparel supply chains and Sri Lankan sapphires.
Business
Cinnamon launches AI-driven ticketing platform in push to make Colombo an events hub
Cinnamon Box Office bundles ticketing, event consultation and AI sales forecasting, as John Keells argues Colombo captures far too few of Sri Lanka's tourists.
Business
Colombo bourse gains for a third session, ASPI closes at 21,370
The All Share Price Index rose 100.42 points on Friday to close at 21,370.09, capping a week in which the benchmark added almost 241 points.
Business
Fitch affirms then withdraws international ratings for both Sri Lanka Insurance arms
Fitch affirms CCC+ ratings for SLIC General and Life, then withdraws them for commercial reasons; national ratings unchanged.
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Rice supplier fined Rs. 1 million for selling Red Nadu above control price
The Polonnaruwa Magistrate's Court fined a supplier Rs. 1 million after the Consumer Affairs Authority found Red Nadu rice being sold at Rs. 225 a kilogram.
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Raid Amazones returns to Sri Lanka for eighth time, heading to Kalutara in November
The women-only French adventure race brings over 250 international athletes to the coastal district from 2 to 10 November, organisers said.
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Rupee firms to 335.35/45 as short-dated bond yields ease
The rupee strengthened against the dollar in Friday's spot market while yields fell across most of the shorter end of the government bond curve.
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Fisheries Minister weighs Senanayake Samudraya anchorage against breeding-ground risk
Monaragala fishermen renewed a long-standing call for a fish landing centre, but NARA and NAQDA experts warned it could damage the reservoir's fish stocks.
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Ministries plan events calendar and management office for sports tourism
Tourism and Sports ministry officials discussed a sports events calendar, a sponsorship mechanism and a destination management office to grow sports tourism.
Business
Presidential Secretariat opens talks on rebuilding Sri Lanka Post around e-commerce parcels
Postmaster General says Posts serves only 10-15% of parcel market; modernization plan discussed at Presidential Secretariat.
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CAA seizes over 100 types of unregistered medicines in Havelock Town raid
Consumer Affairs Authority officers raid a Colombo warehouse holding illegally imported cancer and heart medicines valued at more than Rs. 10 million.
Business
Central Bank takes digital payments drive to Jaffna this weekend
A two-day CBSL promotion at Cargills Square on August 7 and 8 will help the public register for digital payment services and sign up merchants for LANKAQR.
Business
Central Bank adds TM App to prohibited pyramid scheme list, taking total to 26
The CBSL determined TM App to be a prohibited scheme under the Banking Act and reissued its full list of 26 banned companies and applications.
Business
Colombo Extends Trade Licence Deadline for Businesses to August 31
The Colombo Municipal Council has pushed back its trade licence deadline from June 30 to August 31, warning of legal action against businesses that miss it.
Business
Three of four crude coconut oil importers have defaulted on taxes, Parliament told
Deputy Minister Nishantha Jayaweera says only one of four crude coconut oil importers pays taxes, with recovery from the rest held up by appeals.
Business
Record Commercial Credit trade lifts CSE turnover to a 2026 high
The ASPI rose 0.49% to 21,269.67 as a Rs. 9bn sale of Commercial Credit shares drove turnover to Rs. 12.24bn, the highest of the year so far.
Business
Hela Apparel files to wind up group after rescue options fail
Hela Apparel Holdings and two subsidiaries have filed winding-up petitions in the Commercial High Court after restructuring and investor talks failed.
Business
Inland Revenue Beats Collection Targets, Opening Door to Tax Relief
Presidential Secretary Nandika Kumanayake says stronger IRD performance could create space to ease PAYE burdens, but compliance must widen first.