CSE rally runs to six sessions as ASPI closes above 22,000 on Rs. 7.96 billion turnover
The All Share Price Index rose 2.75 percent to 22,123.39 on Tuesday, extending the Colombo Stock Exchange rally to a sixth session,…
Business
Sinopec, RM Parks, Lanka IOC dealers protest over fuel supply
Fuel station owners linked to Sinopec, RM Parks and Lanka IOC protested in Colombo over fuel supplies and the pricing formula, as…
Brent crude drops below $90, down 23% since 30 October
Brent crude fell below US$90 a barrel for the first time since 31 August as US-Iran tensions eased; any Sri Lankan fuel…
State firms profit Rs. 259 billion, SriLankan loses Rs. 35.6 billion
State enterprises made a combined Rs. 259.3 billion profit in the first half of 2026, while SriLankan Airlines lost Rs. 35.6 billion…
PUCSL: no electricity tariff hike for final quarter of 2026
The PUCSL has decided against revising electricity tariffs for October to December 2026, so third-quarter rates stay in force until the end…
CPC’s Rs. 29.2 billion profit rests on Rs. 41 billion subsidy
The Finance Ministry's mid-year report shows CPC made a Rs. 29.2 billion net profit in January to June 2026 after a Rs.…
Rupavahini, ITN and SLBC lose Rs. 271 million in six months
Sri Lanka's three state broadcasters lost a combined Rs. 271 million between January and June 2026, the Finance Ministry's mid-year fiscal report…
Budget 2027: PAYE, VAT and book tax cuts in focus
President Dissanayake presents the 2027 Budget on 12 November amid hopes of PAYE relief, lower VAT and a change to the tax…
Short-term loans now 47% of bank lending, Central Bank tells COPF
Private sector credit reached Rs. 2.1 trillion in nine months, but short-term loans rose to 47 percent of lending, officials told Parliament's…
EU warns terrorism bill could cost Sri Lanka GSP+, as mission says it must reapply by 2028
Sri Lanka's Brussels mission says all GSP+ beneficiaries must reapply under the EU's new scheme before 31 December 2028, as the EU…