Business
Electricity tariffs to stay unchanged in third quarter, PUCSL decides
The regulator says a 0.3% rise in supply costs did not warrant a tariff revision, with a Rs. 26.75 billion surplus from the first quarter carried forward.
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Rs. 173 million for Arugam Bay project as Ampara tourism funding shifts to districts
Tourism funds will flow to districts from 2027; Ampara meeting backed Arugam Bay viewpoint project and new foreign employment office.
Business
Bowathenna reservoir to be drained from August 17 for national desilting pilot
Bowathenna reservoir drains from August 17 for national desilting pilot; capacity fell from 56 to 23 million cubic metres.
Business
Fuel bill tops US$3.1bn as Sri Lanka buys refined, not crude
Sri Lanka's H1 fuel import bill rose 58.8% to US$3.17bn; refined petroleum drove surge and current account slipped into deficit.
Business
Metro bus service to reach Jaffna and Kandy by year-end, Transport Minister says
Bimal Ratnayake says 121 Metro buses are awaiting registration, 50 more are due from Japan, and depots will be built in Jaffna and Kandy before the end of 2026.
Business
Transport Commission to roll out digital monitoring of passenger buses this year
NTC to roll out digital monitoring system tracking bus speed, driver conduct, and violations with penalty points.
Business
Seylan Bank June quarter profit rises 16% to Rs. 3.21 billion
Seylan Bank Q2 profit rises 16.3% to Rs. 3.21bn; assets reach Rs. 976bn as Fitch upgrades rating to A+(lka).
Business
17 shipping containers adrift west of Colombo Port; fishermen warned
Empty containers lost overboard from a merchant vessel are drifting 17 nautical miles west of Colombo and may reach the coast between Beruwala and Puttalam.
Business
Small fishing boats barred from sea along Jaffna to Beruwala coast
Fisheries bans small boats along Jaffna–Beruwala coast as winds threaten to reach 70 kmph.
Business
ADB doubles Sri Lanka reform loan to $200mn as Middle East conflict bites
The Asian Development Bank has added $100 million to its trade and investment reform loan for Sri Lanka, part of a $450 million package with Cambodia.
Business
Sri Lanka's top 100 brands reach record Rs. 652bn, passing pre-crisis peak
Brand Finance's Sri Lanka 100 2026 report puts combined brand value at Rs. 652bn, above the 2019 peak, with banks contributing 42 percent of the total.
Business
Sri Lanka posts Rs. 9.5 billion budget surplus in first half of 2026
Treasury figures show a first-half surplus against a Rs. 405.6 billion deficit a year earlier, as revenue rose 27.1% to Rs. 2.95 trillion.
Business
Colombo consumer inflation rises to 7.3% in July as food prices climb
Headline CCPI inflation rose from 6.8% in June, driven by food inflation nearly doubling to 6.3% even as non-food price growth eased.
Business
Sri Lanka reviews roadmap targeting US$5bn in digital exports by 2030
A national workshop convened by the Digital Economy Ministry and GovTech reviewed a KPMG-drafted strategy for lifting digital export earnings to US$5 billion.
Business
Fuel prices to remain unchanged in August, CPC says
The Ceylon Petroleum Corporation says there will be no August price revision, two days after signalling that falling global oil prices would reach consumers.
Business
All 104 Metro buses to enter service in September on seven Colombo-area routes
All 104 Lanka Metro Transit buses to launch in September with seven routes, cashless fares.
Business
System operator rules out power cuts despite falling hydropower output
The National System Control Centre says there is no observed risk of power cuts in the near term, as the President convenes an energy stability meeting.
Business
Odel restarts Colombo 7 mall, scaling project back to a single zone
Odel PLC told the CSE that Zone 1 construction has recommenced and should finish in 18 to 24 months, with the second zone deferred indefinitely.
Business
Railway canteen operator fined Rs. 500,000 for selling bottled water above MRP
Railway canteen fined Rs. 500,000 for overpricing bottled water above MRP in Anuradhapura.
Business
Engineer questions RDA prequalification after expressway bids came in Rs. 17.9bn over estimate
A senior engineer says only six contractors were allowed to bid for seven CEP3 Section 2 packages, eliminating competition and inflating costs.
Business
Rupee firms to 335.65/80 as bond yields ease and CSE ends week soft
The rupee closed stronger on Friday and bond yields edged lower, while the Colombo bourse ended the week marginally down on crossing-driven turnover.
Business
Supreme Court rules against employee who leaked glove manufacturer's trade secrets
Supreme Court finds glove-maker's ex-employee liable for trade secret leak to Korean competitor.
Business
Government targets 5 million tourists and USD 10 billion revenue by 2030
PM Harini Amarasuriya set out the National Tourism Vision for 2030 at the SLITHM graduation, calling for a tourism workforce of 800,000 people.
Business
Vegetable supply to Dambulla falls by a third as dry spell bites
Daily supply to the Dambulla Economic Centre has dropped from 600,000kg to 400,000kg, traders say, blaming drought and fertiliser shortages.