Business
CAA Seizes Rs. 10 Million Worth of Unlabelled Cosmetics in Pettah Raid
Consumer authority raids Pettah warehouse, confiscates imported skin-whitening products lacking mandatory labelling.
Business
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Business
Central Bank Assures NDB Depositors Their Accounts Remain Safe
CBSL says NDB operates above minimum capital requirements and customer deposits are unaffected by the internal fraud.
Business
CEB Orders 10-Day Shutdown of Large Rooftop Solar Systems
CEB orders rooftop solar systems above 300 kW to disconnect April 10–20 to prevent grid instability during the Avurudu holiday period.
Business
China Will Not Allow Fuel Crisis in Sri Lanka, Ambassador Pledges
Chinese Ambassador Qi Zhenhong assures Sri Lanka that China will not permit a fuel crisis under any circumstances.
Business
Colombo Stocks Close Up 1.30% on NCM Day as Dialog, JKH Lead Gains
ASPI closes at 22,129 (+1.30%) as markets shrug off NCM; NDB recovers 3.74% despite fraud probe; Rs. 5bn turnover.
Business
HNB Finance Plans Rs. 2.5 Billion Rights Issue to Boost Capital
HNB Finance to raise Rs. 2.5 billion via rights issue at 2-for-9 ratio to improve capital adequacy.
Business
IMF Flags Coal Quality Issues as Key Driver of Sri Lanka's Rising Power Costs
IMF Mission Chief Papageorgiou highlights coal procurement failures pushing up electricity costs after review.
Business
5,000 Metric Tons of Samba Rice Arrive From India Ahead of Avurudu
Two cargo vessels carrying samba and keeri samba rice from India dock in Sri Lanka, easing supply concerns before the New Year.
Business
Sri Lanka IRD Records Rs. 606 Billion Revenue in Q1 2026
Inland Revenue Department reports Rs. 606 billion in Q1 tax collections, a 17.7% increase over last year.
Business
2026 Mercantile Holidays Confirmed: Avurudu April 13-14, Vesak Day After Stays May 2
Labour Commissioner confirms eight mercantile holidays for 2026; Vesak following day unchanged at May 2 despite calendar queries.
Business
Bus Permit Transfer Rules Approved; Minister Warns Against Fare-Driven Strikes
NTC advisory committee approves bus permit transfers under gazette reforms; fare adjustment cabinet approval being sought.
Business
Planters' Association Warns of Second Fertiliser Crisis as Hormuz Chokes Supply
The Planters' Association warns Sri Lanka is sliding into a second fertiliser crisis five years after the 2021 ban as Hormuz disruption chokes supply.
Business
Port City Colombo Draws $900m in Five Months as FDI Momentum Builds
Port City Colombo secured about $900 million in investments between November 2025 and March 2026, its largest surge yet, with nearly 200 companies registered.
Business
Sri Lanka Awards Record Rs. 629.8 Million Lottery Jackpot
The largest lottery prize in Sri Lanka's history is paid out under the Jayamalle Kapruka Lottery at a ceremony today.
Business
Sri Lanka Seeks Green Industrial Partnership with UNIDO at Vienna Forum
Minister Handunneththi pitches sustainable manufacturing and youth entrepreneurship at Vienna Energy and Climate Forum.
Business
SSCL Amendment Widens Tax Net With Lower Rs. 36 Million Threshold
Social Security Contribution Levy threshold drops from Rs. 60M to Rs. 36M turnover, drawing more businesses into the tax base.
Business
Australia and CBSL launch trilingual financial literacy push for small businesses
Australia and CBSL are reworking MSME training into mobile-first, trilingual content under Australia's Skills for Inclusive Economy program.
Business
India's Mazagon Dock Chief Named Colombo Dockyard Chairman After MDL Takeover
Capt. (Retd.) Jagmohan, chairman of India's Mazagon Dock Shipbuilders, has been named non-executive chairman of Colombo Dockyard after MDL's 51% takeover.
Business
Colombo Stocks Close Down 0.33% Despite IMF Staff-Level Agreement
CSE closes 0.33% lower on global uncertainty despite IMF staff-level agreement; NDB recovers 3.41%; Cargills rights issue shares listed.
Business
Colombo Stocks Slip 0.72% at Midday Despite IMF Deal; NDB Leads Gainers
ASPI falls 157.96 points at midday April 9 as Middle East flare-up offsets positive IMF news; NDB, LB Finance and Janashakthi lead the rebound.
Business
Early April Tourist Arrivals Drop 22% as Middle East Conflict Disrupts Travel
Sri Lanka recorded 39,627 tourist arrivals in the first eight days of April, down 22% from the same period last year, Daily FT reports.
Business
IMF Mission Chief Says Fund Is 'Watching NDB Fraud Carefully'
Evan Papageorgiou confirms IMF is in active dialogue with CBSL over the Rs. 13.2bn NDB fraud, backs the Central Bank's 'contained, not systemic' assessment.
Business
IMF Flags New Electricity Tariff Submission, Signals Board Decision by Early June
IMF Mission Chief Papageorgiou says Sri Lanka needs a fresh Q2 tariff filing after the Middle East shock; Board approval expected by early June.
Business
Sri Lanka to Sign IMF Staff-Level Agreement Today, $700M Disbursement Due Before May End
President Dissanayake confirms combined fifth and sixth review tranches will be released before end-May, alongside $1.2bn in ADB assistance this year.