Business
Sri Lanka ranked fourth-fastest improver in IIF investor relations assessment
Sri Lanka's Investor Relations Country Score rose to 43.67 from 37.33, placing it fourth among the biggest improvers in the IIF's 2026 transparency report.
Business
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Business
John Keells to open first Wendy's outlet in Sri Lanka by December
JKH says franchise agreements for the US burger chain are complete, as the group reports a 26% rise in first-quarter EBITDA to Rs. 16.35 billion.
Business
Oil falls 1% as markets weigh pause in US strikes on Iran
Brent slipped to $87.82 and WTI to $81.95 on Tuesday as a pause in US strikes on Iran raised hopes of a diplomatic settlement in the Middle East.
Business
Paperless customs declaration system to go live on October 1
Sri Lanka will switch customs declarations to a fully electronic system from October 1, pairing LankaSign digital signatures with ASYCUDA.
Business
Paddy Marketing Board buys 7,267MT in two weeks through 71 centres
The PMB says it has purchased 7,267 metric tonnes of paddy in a fortnight across 11 districts as the Yala season procurement drive widens.
Business
Sri Lanka rupee firms to 336.10/20 as bond yields edge up
The rupee closed marginally stronger against the dollar on Tuesday, while yields rose on the 2028 and 2030 bonds and eased on the 2033 maturity.
Business
"V-Pramithi" launched as standards inspectors sweep Pettah market
Officials collected samples of street food, coconut oil, toys, cosmetics and electrical goods in Pettah as the national consumer goods quality programme began.
Business
S&P affirms Sri Lanka at 'CCC+/C' with stable outlook, warns on external position
S&P kept Sri Lanka's rating at 'CCC+/C' on strong revenue growth, but warned the external position may weaken on import costs and the Middle East war.
Business
Sri Lanka Treasury bill yields dip as full Rs140bn offering clears
Yields fell on the 3-month and 6-month bills at Tuesday's auction, with the entire Rs140bn on offer sold and demand skewed sharply to the short end.
Business
AI is already eroding Sri Lanka's outsourcing revenue, says MP Karunanayake
Opposition MP Ravi Karunanayake says one BPO firm has cut salaries after adopting AI, and links a sub-1% birth rate to future economic strain.
Business
Colombo Dockyard swings back to profit with Rs 86mn June quarter
Colombo Dockyard PLC posted an Rs 86.28mn profit for the June 2026 quarter, reversing an Rs 808mn loss, as ship repairing carried revenue.
Business
Colombo Port crane removal tender delayed for third time as bidders raise concerns
The Rs. 200 million tender to remove four ageing gantry cranes from Jaya Container Terminal has been pushed back to August 11, prompting bidder complaints.
Business
CPC seeks urgent meeting with President as oil market turns 'alarming'
Diesel is up 45% and petrol 30% this month, CPC Chairman says, as crude nears $110 and El Niño cuts hydropower output.
Business
Liquor producers seek review of Excise Department's new wastage allowance
Alcohol manufacturers say Excise Notification No. 991, issued on July 24, cuts the permitted wastage allowance without scientific assessment or consultation.
Business
Private buses strike on Puttalam–Colombo route over assaults on crews
Bus crews stopped work on the Puttalam–Colombo route, saying police and the NTC failed to act on four attacks in Chilaw and Mundalama.
Business
SriLankan Airlines chairman defends fleet expansion as CEO post stays vacant 16 months
MPs criticised SriLankan Airlines over a 16-month CEO vacancy and a plan to buy more aircraft to fix staffing ratios as maintenance costs hit US$207mn.
Business
Ella tourist hotel fined Rs. 1 million for overpricing bottled water
Bandarawela Magistrate's Court fines an Ella tourist hotel Rs. 1 million for selling bottled water above the approved maximum retail price.
Business
Sri Lanka Customs to auction over 1,000 uncleared vehicles at Hambantota Port
Sri Lanka Customs will auction more than 1,000 vehicles left uncleared at Hambantota Port under the Customs Ordinance as importers balk at detention fees.
Business
Sri Lanka tourist arrivals top 138,000 in July
Sri Lanka logged 138,730 tourist arrivals so far in July, led by India, the UK and China, pushing 2026's total past 1.28 million, SLTDA data shows.
Business
CAA, STF seize expired fertilizer stock in Kaduwela raid
The Consumer Affairs Authority and STF seized 376kg of solid and 1,170 litres of liquid expired fertilizer hidden in lorries in Bomiriya, Kaduwela.
Business
Anuradhapura paddy farmers protest low prices, demand Rs. 150 a kilo
Over 1,000 paddy farmers protested in Anuradhapura against low prices, demanding a guaranteed Rs. 150 a kilo as millers pay only Rs. 80.
Business
CID probes 21 companies over alleged $700 million import racket
CID investigates 21 companies over alleged $700 million moved via fake import deals.
Business
Sri Lanka targets US$300mn cinnamon exports as Alba price hits record Rs. 7,500
Farm-gate prices for premium Alba-grade cinnamon have climbed to a record high amid growing global demand, the Cinnamon Development Department says.
Business
Colombo bourse ends lower as early gains give way to profit-taking
Both benchmark indices closed in negative territory on Friday as selling pressure hit index-heavy counters late in the session.