Foreign investors pull Rs. 55.7bn from Colombo bourse in eight months, more than double last year
Foreign investors pulled Rs. 55.7bn from CSE in 8 months—double last year. August saw Rs. 19.46bn outflow from reallocation and profit-taking.
Foreign investors pulled Rs. 55.7bn from CSE in 8 months—double last year. August saw Rs. 19.46bn outflow from reallocation and profit-taking.
Central Bank data show peak demand falling for four straight days from August 31 while daily generation stayed at the top of its range.
NYK's LNG-powered Azalea Leader brings 4,810 vehicles to Hambantota. Maiden call builds port's regional automotive transhipment role.
OPEC+ keeps October quotas unchanged. 2027 baseline fight deferred. Brent crude closed Friday at US$96.28 after 8% week gain.
RDA upgrades expressway connecting roads to cut interchange congestion. Major road rebuilding after decade of neglect begins.
Litro's 12.5 kg cylinder falls Rs. 100 to Rs. 4,365, but LAUGFS holds at Rs. 4,965. Canteen owners cut milk and plain tea by Rs. 5 from midnight.
Mahaweli H farmers bought groundnut seed at Rs. 800–850/kg, selling for less than Rs. 300/kg. Major loss on investment.
The Consumer Affairs Authority has capped tuna at Rs. 510 and jack mackerel at Rs. 600 per 425g can, replacing the November 2025 order.
Coal ship IVS TRADER delivered 60,000 tonnes to Norochcholai, replacing a rejected consignment. Another shipment expected September 12.
Furnace oil falls Rs. 38 to Rs. 210 a litre and naphtha Rs. 35 to Rs. 175. The Power Minister says the saving will reach consumers in the next tariff revision.
The All Share Price Index rose 225.33 points to 21,620.44 on Friday, with both benchmarks up more than 1 percent on turnover of Rs. 2.68 billion.
The FAO index reached 133.3 points in August, its highest since November 2022. Sugar jumped 11.9% as El Niño threatens Asian output.
An IMF staff team led by Evan Papageorgiou will visit Sri Lanka from September 10 to 23, combining the seventh EFF review with the 2026 Article IV consultation.
FMC Chairman Laura DiBella and Commissioner Robert Harvey arrive September 6-10, taking up an invitation Sri Lanka extended in Washington in June.
Central Bank hosts global reserve management conference on Sept 10-11, covering gold, digital assets and FX reserves.
The All Share Price Index rose 69.47 points to 21,395.11 on Thursday. The Daily Mirror and EconomyNext disagree on where the S&P SL20 closed.
The Welfare Benefits Board is paying August's over-70 allowance into Aswesuma accounts on Thursday across both phases of the programme.
Deputy Minister Mahinda Jayasinghe told a Bentara-Elpitiya workshop the programme was a reason the US rate on Sri Lankan exports fell from 12.5% to 10%.
Talks at the Ports Ministry settled outstanding points in the proposed MoUs. A Joint Monitoring Committee and a Technical Committee have been proposed.
Generation at Norochcholai has been limited as coal stocks fell, but hydropower is covering the gap. Two shipments arrive on 4 and 12 September.
Striking workers meet Industry Minister Sunil Handunnetti over pay, a subsidised sugar allocation, restored incentives and health and scholarship benefits.
Prof. Ruwan Ranasinghe says an island this size cannot absorb more than five million visitors a year, and cites Barcelona as the warning.
Brent crude passed US$96 on Wednesday after US-Iran strikes, up from US$88.10 Saturday. Goldman Sachs flags US$120 risk by year-end.
The Agricultural and Agrarian Insurance Board is offering fruit farmers cover of Rs. 300,000 to Rs. 400,000 an acre for a premium of 7 per cent.