Struggling Pizza Hut chain to be sold for $2.7bn

Yum! Brands is selling its struggling Pizza Hut chain in a deal worth $2.7bn (£2bn), the company has announced.

Market stages strong recovery as ASPI surges over 740 points on renewed buying interest

The Colombo Stock Exchange recorded a powerful rebound on 15th June 2026, with both benchmark indices posting substantial gains as improving global sentiment and a more favorable regional outlook restored investor confidence.

LAUGFS gas prices remain unchanged

LAUGFS Gas PLC has announced that domestic LPG prices will remain unchanged for June despite rising global procurement costs, supply chain challenges, and the depreciation of the Sri Lankan rupee.

Earnings optimism lifts CSE as ASPI gains over 111 points

The Colombo Stock Exchange closed on a strong positive note on 29th May 2026, supported by renewed investor confidence following the latest round of corporate earnings releases.

Rupee slides as US Dollar surpasses Rs. 338 mark

The Sri Lankan Rupee has weakened further against the US Dollar, with the selling rate surpassing the Rs. 338 mark, according to the latest exchange rate report issued by the Central Bank of Sri Lanka today (19).

Market ends mixed as cautious sentiment persists amid global uncertainty

The Colombo Stock Exchange ended today’s session on a mixed note, with both indices fluctuating within a narrow range as investor sentiment remained cautious amid ongoing uncertainty surrounding the Iran–USA negotiations and rising global commodity prices.

CSE extends rally for third consecutive session amid strengthening investor confidence

The Colombo Stock Exchange continued its upward trajectory on 17th April 2026, marking a third consecutive day of gains as improving global market conditions helped restore investor confidence.

Sri Lanka records nearly 15 million local malware attacks in 2025: Kaspersky

Sri Lanka recorded 14,960,244 local malware incidents in 2025, with 37.4% of users affected by threats spread through removable media such as USB drives, CDs and DVDs, according to the latest Kaspersky Security Bulletin. The country ranks 48th globally for local threat exposure.

Record entrepreneur loans expected in 2026: Sunil Handunneththi

Industry and Entrepreneurship Development Minister Sunil Handunneththi, announced that 2026 will witness the highest number of loans granted to entrepreneurs in recent history, as part of the government’s efforts to strengthen the industrial sector.

EWIS Introduces EWIS AEGIS, an AI-Powered Platform to De-Risk Enterprise Legacy Modernisation

EWIS recently announced the launch of EWIS AEGIS, a first-of-its-kind AI-powered platform developed in Sri Lanka that is designed to help organisations modernise mission-critical legacy systems with greater speed, control, and predictability. The platform incorporates proprietary

Market dips on weak sentiment

The Colombo Stock Exchange commenced the week on a negative note on 30th March 2026, with the ASPI declining by 283 points amid heightened volatility. The index fell sharply by 337 points within the first hour of trading, driven by negative sentiment carried over from the weekend.

QR code fuel system to be implemented from today

The government has decided to implement the National Fuel Authorization System using QR codes for fuel distribution with effect from 6.00 a.m. today (March 15), the Ministry of Energy announced.

LAUGFS Gas increases domestic LPG refill prices from tonight

LAUGFS Gas PLC has announced a revision of domestic Liquefied Petroleum Gas (LPG) refill prices with effect from midnight today (11).

Litro gas prices increased

Litro Gas Lanka has announced a revision of domestic gas cylinder prices with effect from midnight on March 10, 2026, citing rising gas prices in the global market.

Fuel prices increased

The Ceylon Petroleum Corporation (CPC) has announced a revision of fuel retail prices with effect from tonight (09).

No fuel shortage: Lanka IOC says stocks sufficient for weeks

Lanka IOC PLC has assured the public that it maintains adequate and sufficient stocks of Petrol and Diesel across all its supply locations islandwide, dismissing concerns of any potential shortage.

Hasrath Munasinghe appointed/COO

Commercial Bank of Ceylon PLC yesterday announced the appointment of Hasrath Munasinghe as Executive Director/Chief Operating Officer of the Bank with effect from 27 April 2026.

Capital goods sector dominates turnover as market consolidates

The Colombo Stock Exchange ended the session on a negative note, with both the ASPI and S&P SL20 retreating after hitting intraday highs above the 24,000 level.

CSE gains momentum as capital goods lead turnover

The Colombo Stock Exchange closed on a positive note today, with both the ASPI and S&P SL20 recording modest gains. Elevated turnover and trading volumes supported the upward momentum, as the market gradually climbed within a defined intraday range before settling in green territory.

LAUGFS Gas raises domestic LPG prices for February 2026

LAUGFS Gas PLC has announced an increase in domestic LPG refill prices for February 2026, effective from midnight today.

CSE trades sideways as market enters consolidation near 24,000

The Colombo Stock Exchange began the week on a mixed note, with investor sentiment remaining largely subdued as the market showed signs of consolidation near the key 24,000 level.

Market holds steady as earnings season picks up pace

Following yesterday’s exceptional gains, the Colombo Stock Exchange closed on a mixed note today, with the ASPI ending marginally positive while the S&P SL20 finished slightly lower.

Market ends mixed as investors await earnings clarity

The Colombo Stock Exchange closed the session on a mixed note, with the ASPI edging lower while the S&P SL20 posted marginal gains, highlighting the lack of a clear market direction.

Sri Lanka records 67,762 tourist arrivals in early January 2026

Sri Lanka welcomed 67,762 tourists between January 1 and January 8, 2026, according to provisional figures from the latest tourism performance summary, indicating a relatively slow start to the year.

Global business cycle analyst slams IMF ‘stability’ narrative as domestic debt doubles to Rs. 20tn

Global business cycle analyst slams IMF ‘stability’ narrative as domestic debt doubles to Rs. 20tn external creditors, leading to a “dispossession” of local wealth without resolving the underlying solvency crisis.

LAUGFS gas revises domestic refill prices from tonight

LAUGFS Gas has announced a revision of its domestic refill prices, effective from tonight.

Casino entrance levy doubled; gross collection levy raised to 18% from January 2026

The Inland Revenue Department (IRD) has announced revisions to taxes applicable to casino operators and betting and gaming businesses, with effect from January 1, 2026.

Market ends year on a high

The Colombo Stock Exchange (CSE) closed the final trading session of 2025 on a strong note, supported by broad-based gains across both key indices and heightened trading volumes and turnover.

Market surges on strong buying

The Colombo Stock Exchange (CSE) delivered a strong performance on Tuesday, with both key indices posting significant gains amid heightened trading volumes and improved turnover levels.

Former JAAF Secretary General Tuli Coory passes away

Former Joint Apparel Association Forum (JAAF) Secretary General Tuli Coory has passed away.