Business
CBSL Governor Courts Investors in Washington; US-SL Commercial Group Soft-Launched
CBSL Governor Nandalal met J.P. Morgan, Jefferies and HSBC in Washington; US-Sri Lanka Commercial Working Group soft-launched at US Chamber of Commerce.
Business
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Business
COPF Approves Port City Duty-Free Access for Locals, Narrows TEWA Exemptions
Parliament committee clears regulations easing Sri Lankan access to Port City duty-free shops and revises earlier Termination of Employment law exemption.
Business
CPC Confirms 9,500-Tonne Diesel Shipment Arrives April 27; Petrol to Follow
MD Neththikumarage says 9,500MT of diesel arrives April 27 and 35,000MT of petrol will reach Colombo before month-end as Brent crosses $105.
Business
CSE Foreign Outflow Tops Rs. 25 b YTD as Selling Resumes
Foreign investors were back as net sellers on Wednesday with a Rs. 2.52 b outflow, one day after ending a 21-session selling streak.
Business
EPF Assets Rise 13.6% to Rs. 4.9 Trillion in 2025, Equity Portfolio Up 27%
Employees' Provident Fund net worth climbed from Rs. 4.4 trillion to Rs. 4.9 trillion, with listed equity holdings rising to Rs. 188.9 billion, CBSL says.
Business
France Signals Positive Outlook on Sri Lanka's GSP+ Application
French Senate delegation led by Paoli-Gagin told FM Vijitha Herath France views Sri Lanka's GSP+ renewal positively and urged expanded garment exports to EU.
Business
Hambantota Port Sets Single-Vessel Record Handling 13,260 TEUs on MSC Marie Leslie
Hambantota International Port handled 7,968 containers and 13,260 TEUs on the MSC vessel between April 11–15, surpassing earlier March records.
Business
Austrian Trade Mission to Visit Sri Lanka in September, Minister Confirms
Industry Minister Handunneththi met Austrian Chamber of Commerce DG Otter in Vienna; Austrian business delegation scheduled for mid-September 2026.
Business
Hanif Yusoof Pitches Sri Lanka to SpaceX, Apple, Google in US Virtual Roundtable
Presidential Special Envoy chairs virtual session with 11 US companies and the US Chamber of Commerce to market Sri Lanka as a South Asia investment platform.
Business
Janashakthi JXG Allocates 48.6% of IPO to Strategic Investors
The oversubscribed JXG IPO allocated 243 million shares on a preferential basis to strategic investors, drawing analyst scrutiny over disclosure.
Business
NDB Appoints Deloitte Touche Tohmatsu India for Rs.13.2bn Fraud Forensic Review
NDB has named Deloitte Touche Tohmatsu India LLP to review the Rs.13.2bn fraud, with findings to be submitted directly to the Central Bank of Sri Lanka.
Business
Sri Lanka Goods Exports Fall 4.94% in March as Apparel, Tea Weaken
Sri Lanka's merchandise exports fell 4.94% YoY to $1.18bn in March on weaker apparel, tea and spice earnings. EDB calls it a 'temporary moderation'.
Business
SriLankan Airlines CEO Search Narrows to Four as Leadership Vacuum Nears a Year
Daily FT reports 200+ applications filtered to three foreigners and one local for Cabinet approval; Peter Hill under consideration for vacant chairmanship.
Business
WFP: Mideast War Drives Food, Fuel and Forex Risks for Sri Lanka Despite Recovery
UN agency warns Gulf volatility could reverse inflation and household welfare gains through energy, food, remittance and tourism channels.
Business
Air Fares Soar 24% as Iran War Forces Flights to Re-Route
Economy ticket prices are 24% higher than a year ago as airspace closures, Gulf carrier disruption and jet-fuel spikes reshape long-haul routes: Teneo.
Business
Automated Expressway Toll System to Launch by Year-End, Ministry Says
Transport Ministry advisor Sumudu Rathnayaka says automated expressway toll payment will launch before year-end, with procurement starting in coming weeks.
Business
Kandy Shop Hit with Legal Action for Hoarding LP Gas
The Consumer Affairs Authority raided a Kandy shop that was hoarding gas while falsely telling customers stocks were unavailable, with legal action to follow.
Business
Sri Lanka GDP Hits USD 108.8bn in 2025 as Budget Deficit Cut to 2.3%
Central Bank's Snapshot of the Sri Lankan Economy 2025 shows 5% real GDP growth, private sector credit up 25.2%, and government debt down to 91.6% of GDP.
Business
Foreign Investors End 21-Session Selling Streak at Colombo Stock Exchange
A net inflow of Rs. 19.8 million on Tuesday broke the streak, though year-to-date outflows still top Rs. 22.4 billion.
Business
Colombo Stocks Close Flat After Morning Ceasefire Rally Fades
ASPI ended up just 0.06% and S&P SL20 slipped 0.14% as Wednesday's Trump-extension relief rally faded; rupee weakened slightly to 316.75.
Business
External Shocks to Slow Sri Lanka's Economic Growth in 2026 — Economist
Prof. Priyanga Dunusinghe warns tourist arrivals have fallen 30%, agriculture and exports face external shocks, and 2026 growth will trail 2025.
Business
Fuel Distributors Seek President's Intervention Over Revised CPC Commission Structure
The Petroleum Distributors' Association says Ceylon Petroleum Corporation's fixed per-litre margin is unsustainable and threatens filling-station viability.
Business
Hayleys Rs. 9 Billion Rights Issue Oversubscribed at Rs. 11.05 Billion
Subscriptions of 55.2 million shares outran the 45 million offered, signalling investor appetite for Sri Lanka's largest diversified conglomerate.
Business
Rs. 356M Contract Awarded for Kelani Valley Railway Extension Study
Resources Development Consultants wins Cabinet contract for feasibility study on extending the line from Avissawella to Ratnapura.