Business
SEC warns public against fake broker licence claim by Samagi Capital
The SEC has warned investors that Samagi Capital is not a licensed stockbroker, after a fake broker-dealer licence certificate circulated on social media.
Business
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Business
Sri Lanka poverty line rises to Rs. 17,117 a month for April: Census and Statistics
DCS data released June 2 puts Sri Lanka's April 2026 official poverty line at Rs. 17,117 per person, with Colombo highest at Rs. 18,461.
Business
Water tariffs to rise marginally as electricity cost component adjusts — Minister Ranasinghe
Housing Minister Susil Ranasinghe says only the 12% electricity component of the water tariff will adjust, following a roughly 18% rise in electricity costs.
Business
Yasas Hewage assumes duties as Industrial Development Board Chairman
Yasas Hewage, former HSBC and NDB Bank executive, has assumed duties as Chairman of the Industrial Development Board, the Industry Ministry said on Tuesday.
Business
Container transport charges rise 5% from June 1 as CTOA passes on diesel hike
The Container Transport Owners' Association's 5% haulage rate increase takes effect immediately, citing the Sunday diesel and petrol price revision.
Business
CPC losing Rs. 129 on every litre of diesel and Rs. 60 on petrol, Chairman Rajakaruna says
CPC Chairman Rajakaruna disclosed a Rs. 129/litre loss on diesel and Rs. 60 on petrol, warning the Rs. 57 billion subsidy runs out by end-June.
Business
Colombo stocks close lower as capital goods lead turnover; ASPI down 54 points
Colombo's ASPI closed 0.24% lower at 22,256.26 on Monday with capital goods leading Rs.1.67bn turnover; Dialog and HNB cushioned losses in John Keells and.
Business
Sri Lanka must shape fairer deal for gig workers as ILO standard looms — CSF
Centre for a Smart Future urges Sri Lanka to protect Uber and PickMe riders as the ILC114 Geneva session moves on the first global Convention on platform work.
Business
EDB to decentralise export testing through provincial labs and PPPs, Wijesinghe says
The Export Development Board will modernise provincial laboratories and pursue public–private partnerships to ease the Colombo bottleneck in compliance.
Business
Finance Ministry calls for tax revenue proposals targeting 20% of GDP by June 12
Sri Lanka's Revenue Management Committee invites think tanks, business and citizens to submit fiscal proposals by June 12 to lift revenue to 20% of GDP.
Business
Fuel QR system to be strictly enforced, Karunathilake says, after May fuel bill hits $524mn
Energy Minister Anura Karunathilake said the fuel QR quota system will be strictly enforced after Sri Lanka's May fuel-import bill jumped to US$524 million.
Business
Hayleys to sell Amaya Kudarah Maldives resort to Bohemia Luxury for US$17.25 million
Hayleys is selling Amaya Kudarah to Bohemia Luxury Resort for $17.25 million, booking a Rs. 6.9 billion impairment on its Maldives luxury resort investment.
Business
IMF confirms Sri Lanka fuel and electricity prices are now fully cost-reflective
IMF Mission Chief Papageorgiou confirmed Sri Lanka has restored cost-reflective fuel and electricity pricing, a precondition for the Board review.
Business
Rupee at 330/332, ASPI gains 0.30% to 22,377 on Monday
Rupee held at 330.00/332.00 in Monday spot and the ASPI rose 0.30% to close at 22,377 as bond yields stayed flat across the 2030, 2033 and 2035 maturities.
Business
Sri Lanka tourist arrivals rise 9.65% in May to 145,745; Jan-May tops 1.02 million
Sri Lanka logged 145,745 tourist arrivals in May 2026, up 9.65% YoY, pushing the Jan-May total to 1,022,022 against a 3 million annual target.
Business
Sri Lanka sells extra Rs24bn in treasury bonds on tap, week total reaches Rs264bn
The Public Debt Office sold Rs24 billion of treasury bonds on tap on Monday at average auction rates, lifting the week's total bond issuance to Rs264 billion.
Business
Belavia to resume Colombo flights from October 27 on Airbus A330-200
Belarus carrier Belavia will resume flights to Sri Lanka from October 27 on a Tuesday rotation with a wide-body Airbus A330-200, Ada Derana reported.
Business
Sri Lanka receives 80MW of battery storage as second BESS shipment docks in Colombo
Sri Lanka's second BESS shipment arrived in Colombo, raising total deliveries to 80MW and halving Rs. 115/unit diesel peak costs to an estimated Rs. 35/unit.
Business
EDB reports April export earnings of $1.38bn, tea $451M for Jan-Apr
The Export Development Board said April export revenue reached $1.38 billion and four-month earnings hit $5.78 billion, with tea exports of $451M Jan-Apr.
Business
Japan funds $1.33M FAO project to revive Eastern Province freshwater fisheries after Ditwah
Japan signed a $1.33M FAO project to install 200 fish cages in 30 Eastern Province reservoirs, targeting fishing communities hit by Cyclone Ditwah.
Business
NTC holds bus fares as three-wheeler bodies split over fare hike after fuel revision
NTC says no bus fare rise despite the diesel hike, while one three-wheeler association seeks Rs.130 starting fare and another says fares will stay unchanged.
Business
Supreme Court rules banks can sue guarantors directly where guarantee waives priority
Sri Lanka's Supreme Court has ruled banks may sue guarantors directly without first pursuing the principal debtor if the guarantee waives that right.
Business
Trincomalee Port runs first-ever triple vessel operation, expects over Rs.300M in revenue
Trincomalee's Ashroff Jetty handled three vessels simultaneously for the first time, mixing Mannar wind tower cargo, steel rods and 55,000 tonnes of coal.
Business
Cargills (Ceylon) March quarter profit jumps 31% to Rs.2.63bn as store network hits 560
Cargills (Ceylon) March quarter profit rose 31% to Rs.2.63bn on retail and FMCG growth, taking the group's store network to 560 outlets island-wide.