Cabinet clears Rs. 511.78 m contract for wastewater network at Batticaloa textile investment zone

The Cabinet of Ministers has approved awarding of a contract to build the internal wastewater collection network and pumping system at the Textile Manufacturing Investment Zone in the Punnai Kuda…

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Sri Lanka apparel export earnings drop by 7.4% in August

Earnings from Sri Lankan apparel exports declined by 7.4% in August 2026 compared to the corresponding month in the previous year. Central Bank of Sri Lanka export figures revealed that…

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Sri Lanka stocks marginally higher at midday

The Colombo Stock Exchange reversed its recent positive momentum on Tuesday, 8 September 2026, with both benchmark indices closing lower amid broad-based selling pressure. The All Share Price Index declined…

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Port City Colombo Strengthens Gulf Investment Ties at ‘Sri Lanka Beyond Your Dreams’ in Dubai

Port City Colombo participated as Platinum Sponsor at the second edition of Sri Lanka Beyond Your Dreams, a landmark diplomatic and investment engagement hosted by the Consulate General of Sri…

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CSE and Commercial Bank partner to accelerate Sri Lankan enterprise growth

The Colombo Stock Exchange (CSE) and Commercial Bank of Ceylon PLC (Commercial Bank) signed a Memorandum of Understanding (MoU) recently…

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CMTA and Sudath Perera Associates address legal action to combat fake spare parts.

The Ceylon Motor Traders Association (CMTA), the most senior automotive association in South Asia, and Sudath Perera Associates, one of…

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Global Stock Markets Plunge Amid Fears of U.S. Economic Slowdown

Global stock markets experienced a significant sell-off on Monday, August 5, 2024, as fears mounted that the U.S. economy is…

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Boat and Ship Building Sector to reach USD$100 Bn mark this year

Sri Lanka’s export sector has once again demonstrated remarkable resilience…

Next Capital Trust honoured as ‘Best Business Finance Service Provider’ at Iconic Awards Bangkok

Next Capital Trust Pvt., Ltd., was recognised as the ‘Best …

Sri Lanka’s Central Bank yet to witness continuous rise in private credit growth

Sri Lanka’s private sector credit growth has not been expanding…

Thambapanni Leisure to open fifth hotel, Thambapanni Villa in Unawatuna in Dec.

Thambapanni Leisure Group of Hotels will open its fifth property…

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