Business
Bairaha Farms second-quarter profit halves to Rs 213.7mn on tax, finance costs and JV losses
Revenue rose 4.2% to Rs 4.41bn but profit fell 49.7%. Joint ventures swung to a Rs 75.3mn loss on feed-input costs, the managing director said.
Business
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Business
Bread and bakery products go up Rs 5 from midnight tonight
A 450g loaf and other bakery products rise by Rs 5 from midnight, the bakery owners say — ten days after wheat flour went up Rs 13 a kilo.
Business
Consumer Affairs Authority weighs legal action against LAUGFS over three-month gas shortage
The CAA is considering action against LAUGFS Gas after repeated warnings, with the company's cylinders scarce for nearly three months.
Business
Colombo inflation rises to 8.3% in October, a fourth month above the Central Bank's ceiling
CCPI inflation climbed from 8.0% to 8.3%, a more than three-year high. Restaurants and transport drove 87% of the increase.
Business
Construction growth slows again to 57.8 in September as bitumen shortage still delays roadworks
Construction PMI eased to 57.8 in September from 59.4 in August—a second slowdown despite faster new orders on government work.
Business
Colombo bourse gives back part of Thursday's surge but holds above 20,000
The ASPI fell 124.82 points, or 0.62%, to close at 20,142.33 on Friday. Turnover dropped to Rs 958.58 million.
Business
Fitch lifts BOC and People's Bank to AA+(lka) as it rescales Sri Lanka's national ratings
Fitch lifted BOC and People's Bank after rescaling Sri Lanka's national rating scale following September's upgrade to AA-(lka).
Business
New Colombo firm Globamed targets medical tourism market
The company says it will coordinate treatment, travel and aftercare for overseas patients, aiming for more than 300 a year by its third year.
Business
Hayleys Mobility enters two-wheeler market with first CFMOTO showroom
The Hayleys Fentons unit opened a CFMOTO flagship showroom on Deans Road, Colombo 10, and has onboarded 44 authorised dealers island-wide.
Business
Corporate bond market at 1% of GDP is too shallow for 7% growth, IIX research finds
Public investment has been flat at about 3% of GDP, so private capital must carry the growth target — but the market that would supply it barely exists.
Business
Heat stress could cost Sri Lanka 145,000 jobs and USD 26 billion a year by 2040, ILO finds
ILO studies project working-time losses equivalent to 145,000 full-time jobs in Sri Lanka by 2040, with agriculture hardest hit. Losses began in 2023.
Business
Overseas Realty posts Rs 6.9 billion pre-tax profit for first nine months of 2026
Group revenue reached Rs 10.15 billion. Mireka Tower revenue rose 70% and World Trade Center revenue 28%, while apartment sales at Havelock City fell.
Business
Regulator says the new Electricity Act could draw power-sector FDI by ending the single-buyer model
PUCSL chief Damitha Kumarasinghe says Act No. 36 of 2024 allows multiple buyers and suppliers, but warns outstanding legal steps must be completed first.
Business
SEC chairman urges Budget 2027 to put the capital market at the centre of growth
Hareendra Dissabandara told an investor forum that 4-5% growth is not enough and that announcing a higher target will not produce one.
Business
September merchandise exports hit record US$1,377 million on petroleum and machinery
Central Bank data show the highest monthly merchandise export earnings on record, beating the July 2025 peak, with petroleum product exports up 130 percent.
Business
Softlogic Finance swings to Rs 101 m quarterly loss as one-off gain drops out
A Rs 100.6 m September-quarter loss against a Rs 84.3 m profit a year earlier, as a Rs 1 b rights issue goes to shareholders on 13 November.
Business
Sri Lanka promotes tourism and Ceylon Tea at Beirut Nations Day festival
The Sri Lankan Embassy in Lebanon joined a City of Beirut cultural festival that drew more than 1,500 visitors on 23 October.
Business
October tourist arrivals reach 136,093 as SLTDA reports a fall against last year
Sri Lanka has received 136,093 tourists so far in October against 165,193 in all of October 2025 — but the two figures cover different lengths of month.
Business
Debt office raises Rs 2.5 b on tap after auction falls short of Rs 100 b target
Sri Lanka's debt office sold Rs 2.5 b of Treasury bills on tap, taking the week's total to Rs 88.98 b — short of Wednesday's Rs 100 b offer.
Business
Alliance Finance to raise Rs. 1 billion in Sri Lanka's first Orange Bond
AFC's board has cleared a three-year, gender-linked bond issue aimed at women-led enterprises. Pricing is still to come and regulators have yet to sign off.
Business
Government says Beira Lake funds will be released shortly, nine months after the Rs 2.5 billion plan was announced
20 sewage outlets running 40 years are Beira Lake's main pollution source; Rs 2.5 billion allocated to CMC, UDA and SLLRDC cleanup.
Business
Consumer Affairs Authority sues LAUGFS Gas over failure to maintain continuous supply
The CAA filed against LAUGFS Gas PLC in the Colombo Chief Magistrate's Court on Thursday. Summons were issued returnable on November 11.
Business
Central Bank Governor says $100 oil is manageable, but a prolonged spike would push inflation higher
Nandalal Weerasinghe says the Central Bank had assumed oil would settle near $90 a barrel. Inflation is at a 40-month high of 8.1 per cent.
Business
Uzbekistan's Centrum Air begins twice-weekly Tashkent–Mattala flights
The inaugural flight landed at Mattala on Wednesday. The service runs Wednesdays and Saturdays until the end of March 2027.