Business Nuwara Eliya court fined two traders for selling water and rice above regulated prices; Mulleriyawa supermarket fined for overcharging on Keeri Ponni rice.
May 20, 2026
Business CPC MD Mayura Neththikumarage says reserves cover August, orders are placed to November, and 90,000 MT US crude arrives May 28 with a second shipment May 31.
May 20, 2026
Business Two-year deal renews Microsoft licences for the national carrier; Crayon Software Lanka identified as the lowest responsive bidder, Vijitha Herath says.
May 20, 2026
Business The ASPI fell nearly 2% to 21,856 on Wednesday as the rupee's ongoing depreciation drove selling pressure across the Colombo Stock Exchange.
May 20, 2026
Business Customs collected Rs.122 billion of its Rs.187.8 billion May target by May 18, but a new 50% surcharge on personal vehicle imports may slow the pace.
May 20, 2026
Business Transport Minister Bimal Rathnayake tells Parliament the first full-year disclosure: Rs. 11.15bn surplus across 312.57km, Southern Expressway top earner.
May 20, 2026
Business Offshore holders sold a net Rs. 4.73 billion of rupee securities to May 14, tipping cumulative 2026 flows into outflow as rupee depreciation resumed.
May 20, 2026
Business Milk Powder Importers' Association announces price revision Wednesday; cost-of-living hit lands alongside rupee at Rs.340 and credit-card growth slowing.
May 20, 2026
Business Ceylon Chamber-CII business forum in Mumbai on May 13 wraps with calls to deepen renewable-energy, port and ferry connectivity, and Indian FDI into Sri Lanka.
May 20, 2026
Business Deputy Min. Nishantha Jayaweera tells Parliament the IR Amendment Bill grants a 6-month interest waiver on tax arrears, with base broadening over rate hikes.
May 20, 2026
Business Deputy Minister Rathna Gamage announces transparent import mechanism, NAQDA operational plan and Rs.50,000–75,000 grants for small-scale producers.
May 20, 2026
Business Commercial and Sampath both quote Rs. 346.50 on the dollar Wednesday, a fresh cycle high as bond yields move wider and Treasury TT prints Rs. 343.50.
May 20, 2026
Business Fixed-income wrap: TT-selling 345.50/USD with no spot close, bonds up across the curve, and weekly T-bill auction filled only 48% of Rs.140bn target.
Corroborated May 20, 2026
Business Credit card base grew 1% in March and 2.3% across Q1, but analysts expect issuance to slow as fuel rationing and rupee weakness squeeze household budgets.
May 20, 2026
Business Transport Minister Bimal Rathnayake and Russian Deputy Minister Dmitry Serebryakov signed the agreement at the 17th International Economic Forum in Tatarstan.
May 20, 2026
Business The Sri Lanka Tourism Development Authority confirmed cumulative arrivals passed 950,000 for the year, sustaining the milestone trajectory through May.
May 20, 2026
Business The Essential Food Importers' Association warned the weakening rupee will push up consumer prices for sugar, dhal, rice and other staples in the coming weeks.
May 20, 2026
Business Sri Lanka logged 75,465 arrivals in the first 17 days of May, just 0.9% below last year, recovering sharply from March–April's 20–22% declines.
May 20, 2026
Business ODI Global fellow tells RCSS dialogue the contingency is becoming inevitable; outlines best, moderate and prolonged-war scenarios under Hormuz shock.
May 20, 2026
Business DOJ moved to dismiss bribery prosecution of Gautam Adani over alleged $250M solar scheme, citing prosecutorial discretion after FCPA enforcement pause.
May 19, 2026
Business Deputy Finance Minister tells Parliament the rupee has lost 4.8% on the dollar, blaming Middle East tensions, oil and FX demand as Sajith presses for a plan.
May 19, 2026
Business Approval tops up subsidised urea for 450,000–500,000 ha of paddy as 48,297 MT of existing stocks are already in distribution at Rs.10,200 per 50-kg bag.
May 19, 2026
Business Deputy Energy Minister Arkam Ilyas says fines on the first 15 shipments total US$27mn; a US$15mn performance bond is also held and no demurrage will be paid.
May 19, 2026
Business Centre for Policy Alternatives policy brief models a Dhanushkodi–Talaimannar fixed link cutting cargo transit from 40–122 hours by sea to about 9 hours.
May 19, 2026