Business
US puts $17 million into digitising the Port of Colombo
Washington funds a Maritime Single Window and Port Community System for the SLPA, with American vendors invited to bid for the work.
Business
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Business
Vidullanka wins $1.35mn Fiji mini hydro contract, ten months after bidding
Vidullanka wins $1.35 million contract to build 100 kW mini hydro plant in Fiji. First Pacific islands project for the renewable energy company.
Business
Commercial Credit raises Rs 1bn in subordinated debt for Tier II capital — and EconomyNext's own recap revises August's record trade
Commercial Credit raises Rs 1bn in subordinated debt to meet CBSL capital rules. Filing background conflicts with August trade record.
Business
ASPI rebounds 175 points but stops 29 short of reclaiming 20,000
The All Share Price Index rose 0.88% to 19,971.15 on Thursday, recovering 62% of Wednesday's fall without regaining the 20,000 level.
Business
Farm subsidy doubled to Rs. 60,000 a hectare — nine days after Cabinet funded it at half that rate
Deputy Minister Namal Karunaratne says the rate covers 13 crops from this week. The Rs. 16 billion approved on 6 October would now stretch to half the land.
Business
A civil court has ruled it can stop company directors leaving Sri Lanka — and used the power on Hela Clothing's five
Court rules civil court can ban company directors from leaving Sri Lanka, upholds Hela Clothing directors' travel ban.
Business
Kandy Metro bus route surveyed as far as Gampola, with the year-end launch target now unmentioned
A 19km route was trial-run on Thursday under Deputy Minister Prasanna Gunasena. In August the Transport Minister promised Kandy the service by year-end.
Business
LOLC says its People's Bank rupee loan is secured by its own dollar deposit at the same bank — and warns it will pursue those spreading the claims
LOLC Holdings told the CSE the facility is fully cash-collateralised, rejecting suggestions that public deposits are unsecured. It gives no facility size.
Business
Services PMI gives back August's gain as manufacturing holds flat at 53.0
Services fell 5.1 points to 60.5 in September while manufacturing was unchanged. Both headline readings conceal sub-indices moving the other way.
Business
Port City has issued 14,300 visas and cannot vouch for all of them, Parliament's finance committee is told
CoPF questions visa oversight by a 16-person commission, and asks the Attorney General whether freehold apartment sales on 99-year leased land are lawful.
Business
Bitumen is reaching Sri Lanka again after seven months — but shipowners and insurers are now the bottleneck, not quality
The RDA says limited cargoes are arriving from six countries. Its own June account named a different halt date, a different supplier and a different obstacle.
Business
Siyapatha Finance names Rushanka Silva chairman, and appoints a senior independent director to balance him
Siyapatha Finance appoints Rushanka Silva chairman, names Senior Independent Director to balance non-independent leadership.
Business
Debt office takes every rupee bid at the bill tap — and still ends the week Rs16.7bn short
Rs7.2bn sold on tap at auction rates after Wednesday's auction left Rs23.9bn unfilled. Demand has migrated from six-month to 12-month paper at unchanged yields.
Business
Sri Lanka taps a further Rs5bn in bonds, closing the week Rs14.3bn short of its Rs100bn target
Debt office taps Rs5bn in bonds on auction rates. Weekly sales reach Rs85.69bn, Rs14.3bn below target.
Business
Central Bank Governor says Sri Lanka will not return to the FATF grey list as on-site evaluation begins
Nandalal Weerasinghe says international evaluators arrive this week for a two-week assessment, and that the test is now effectiveness rather than legislation.
Business
ASPI breaks below 20,000 for the first time since August 2025 as decliners outnumber gainers 10 to 1
The All Share Price Index fell 1.40% to 19,796.06, a new year-to-date low, with just 21 gainers against 203 decliners on the Colombo bourse.
Business
Customs clears its full-year target on 13 October — against a bar set 13.5% below what it collected last year
Customs hit its Rs. 2,207bn 2026 target by 13 October with Rs. 2,208bn. The milestone is real, but the target was deliberately lowered.
Business
Treasury opens a dollar bond to the diaspora for the first time since the default, with a 3-year tranche that outlives its own repayment plan
A US$100m Domestic Dollar Bond with up to US$200m in top-ups. The minimum ticket falls from US$1m to US$10,000, opening it to individuals.
Business
The EU proposes a green energy hub at Trincomalee — the same port India and the UAE are developing for oil
An EU delegation raised a Trincomalee green energy hub and Global Gateway port financing. Two rival visions now target one harbour, and neither filing says so.
Business
Finance Ministry official sets out five lessons from Sri Lanka's public finance overhaul
Dr. Kapila Senanayake told an IMF forum that digital public financial management is not an IT project, and that Sri Lanka is digitising tax collection.
Business
G24 says Sri Lanka's debt crisis became a reference point for reforming the global restructuring system
Secretariat Director Iyabo Masha points to a revised IMF debt framework and a rewritten Roundtable playbook — and says rating agencies and private.
Business
IMF tells indebted oil importers to restructure early rather than wait, as it says many have 'no choice' but to cut spending
Research deputy director Petya Koeva Brooks says orderly, timely restructuring beats delay because later restructuring costs far more. Sri Lanka is the.
Business
Earth collapses onto track at Kadigamuwa again, halting a Peradeniya train nine days after a rockfall derailment
The second earth failure at the same spot this month struck a line reopened on 2 October after ten months of Cyclone Ditwah repairs. The track was cleared.
Business
Labour Minister says firms are weighing accident prevention against compensation payouts
Anil Jayantha Fernando opened Occupational Safety and Health Week arguing for common standards so safe employers aren't undercut. No fatality figures were.