Business
First Capital puts 60% odds on a CBSL rate hold at Wednesday's policy review
The research house sees the Overnight Policy Rate staying at 8.75% on 30 September, with a 40% chance of a hike of up to 50 basis points.
Business
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Business
Lanka Sathosa cuts prices of six essentials from September 26, onions down Rs. 10
Big onions fall to Rs. 309 a kilogramme and sugar to Rs. 245 at all Lanka Sathosa outlets islandwide from Friday, in reductions ranging from Re. 1 to Rs. 10.
Business
Pan Asia Bank to raise up to Rs 5bn through debenture issue
Pan Asia Bank will offer 3-year debentures at 12.75% and 5-year at 13.50%, with the subscription list opening on October 1.
Business
Rupee firms to 330.15/30 against the dollar as bond yields hold steady
The rupee strengthened from 330.30/55 in Friday spot trade while government bond yields moved only marginally ahead of next week's policy review.
Business
TIN certificate becomes mandatory for bank accounts, vehicles and land from November 1
The Inland Revenue Department says a valid TIN certificate must be produced for eight categories of transaction from November 1 under Act No. 11 of 2026.
Business
Sri Lanka draws 107,093 tourists in first three weeks of September
SLTDA data shows 107,093 arrivals in the first three weeks of September, taking Sri Lanka's cumulative 2026 total to 1,642,215.
Business
UAE envoy raises Trincomalee energy hub in Parliament call on Deputy Speaker
UAE ambassador discusses Trincomalee regional energy hub initiative with Deputy Speaker during parliamentary meeting on bilateral ties.
Business
WindForce units win bids for 28MW of battery storage at solar plants
Six WindForce project companies placed winning bids for 28.25MW/143.75MWh of battery storage, with equity investment of about Rs. 944 million.
Business
Two tourist-belt venues fined Rs. 1.5 million in a day for overpricing bottled water
A Dambulla hotel was fined Rs. 500,000 and an Ella restaurant Rs. 1 million on 23 September, both for selling water above the maximum retail price.
Business
CSE slips as foreign selling weighs on recent recovery
Both indices reversed early gains on Thursday as foreign investors pulled a net Rs. 162.38 million out of the market and breadth turned negative.
Business
Exporters flag Australian certification delays and costly local rubber at NCE council
Some processed-food shipments were held for months over documentation, while rubber exporters said local raw material now costs more than imported supply.
Business
Energy Minister sets out oil and gas licensing timeline, first production targeted for 2032
Bidding for four Mannar Basin blocks closes in early 2027, with licences finalised by the end of that year and commercial output targeted for 2032.
Business
New Planters' Association chairman sets out five-point plan for plantation revival
Shanaka Samaradiwakara takes the chair at the 172nd AGM with a plan covering value addition, R&D, land use, irrigation and tenure security.
Business
State paddy buying closes for the Yala season at 68,149 tonnes
The Paddy Marketing Board has ended its 2026 Yala purchasing drive after buying from 33,988 farmers for about Rs. 8.35 billion — 72% above its target.
Business
Pre-departure training now mandatory for first-time Japan and Romania job seekers
The SLBFE will not register first-time migrants to either country without the course. Japan requires two days, Romania three, in force since 15 September.
Business
Clearing agents warn paperless Customs risks 'digitising bureaucracy' without deeper reform
Customs House Agents say the October 1 paperless switch will not speed cargo clearance unless the underlying process is reformed.
Business
Abanchy Ceylon incorporates Kenyan subsidiary as East African freight base
Abanchy Ceylon, the logistics arm of Pink Eagle Holdings, has incorporated Abanchy Africa Limited in Kenya as a freight-forwarding base for East Africa.
Business
Two firms fined over baby diapers sold without importer details
The Consumer Affairs Authority raided premises in Dehiwala and Dematagoda after complaints that imported diapers were tearing and breaking down in use.
Business
Cabinet awards Rs. 2.12 bn in rural road contracts to a single bidder
Three Rural Ways packages in Kalutara, Kilinochchi and Mullaitivu all went to RR Construction, the lowest responsive bidder out of 17 bids submitted.
Business
Central Bank freezes assets of six companies and their directors, High Court extends orders
Central Bank freezes assets of six companies and directors: Kasagala Green, Ceylon Green Life, Singhe Capital, Pro Shop, Athens International, Eyon Lanka.
Business
CSE extends rebound for a second session as ASPI closes at 21,085
The index gave up an early move above 21,200 to profit-taking but held its gain, with turnover running well below the monthly average.
Business
CSE and SEC wrap up SME capital-raising forums in Anuradhapura and Jaffna
The CSE, SEC and CA Sri Lanka have wrapped up SME issuer forums in Anuradhapura and Jaffna, covering IPOs, the Empower Board and succession planning.
Business
Electronic vehicle revenue licence services suspended from September 25 to 28
The eRL 2.0 system goes offline for four days from September 25 for a system cutover agreed with provincial chief secretaries. Motorists should renew early.
Business
Sri Lanka's exports pass US$12 billion in eight months, but the annual target is pulling away
EDB says exports reached US$12.01bn in January-August, up 4.26%. Services outgrew goods again, while the pace needed to hit the US$19bn target rose.