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Wed, 22 Jul 2026 Today's Paper
The All Share Price Index (ASPI) recorded its highest ever daily gain, surging by 704.88 points to close at 15,580.83, reflecting a 4.74 percentage increase.
The cost of preparing a traditional kevili or sweetmeats table for the Sinhala and Tamil New Year has increased by 7% in 2025 compared to 2024, and is now more than twice as high as it was in 2019, according to a report by Verité Research.
The All Share Price Index (ASPI) jumped by 805.42 points (5.41 percent) in the first ten minutes of trading, fueled by strong buying interest in banking sector stocks. John Keells Holdings PLC (JKH.N) also contributed to the rally, posting a turnover
In an abrupt move, US President Donald Trump announced a 90-day pause on the reciprocal tariff that went into effect this week.
The Colombo Stock Exchange (CSE) suffered heavy losses Thursday as investors fled risky assets following U.S. President Donald Trump’s shock announcement of 104 percent tariffs on Chinese imports, reigniting fears of a full-blown global trade war.
Dhammika Perera controlled Hayleys PLC has acquired a 10.83 percent stake in Diesel and Motor Engineering PLC (DIMO) through a series of transactions worth over Rs. 1.04 billion, according to a disclosure filed with the Colombo Stock Exchange (CSE).
The Asian Development Bank (ADB) said forecasts for the region, finalized before the United States (US) announced new tariffs on 2 April, project growth in developing Asia and the Pacific to moderate this year and next.
Siyapatha Finance PLC, a leading non-banking financial institution, announced today a move to raise up to Rs. 5 billion through the issuance of listed, rated debentures.
The Colombo Stock Exchange (CSE) staged a dramatic rebound on Thursday, with the All-Share Price Index (ASPI) soaring 467.26 points, or 3.19 percent, to close at 15,127.71, decisively breaching the critical 15,000 psychological barrier.
Popular social media platform, TikTok announced major updates to its Family Pairing tool on Sunday, granting parents enhanced oversight and teens tools to foster healthier digital habits.
The Chamber of Marine Industry in Sri Lanka (CMISL) and India’s Royal Madras Yacht Club (RMYC) network, comprising four centers across Chennai, Ennore, Mysuru, and Puducherry, have inked a Memorandum of Understanding (MOU) to extend reciprocal priv
The All Share Price Index (ASPI) tumbled over 700 points today, crashing below the 15,000 mark as global economic tensions spilled over into the Colombo Stock Exchange (CSE).
The Colombo Stock Exchange (CSE) has further extended its footprint with the official opening of its newest branch in Bandarawela, reinforcing its commitment to enhancing accessibility for investors across Sri Lanka.
Sri Lanka’s rich handloom heritage took center stage at the ‘Ransalu’ National Handloom and Textile Industry Sales Fair.
The Colombo Stock Exchange (CSE) extended its losses as uncertainty over global tariff negotiations continued to weigh on investor sentiment. The latest U.S. tariff impositions have triggered widespread economic turbulence, further dampening the Sri
LankaPay is poised to significantly enhance Sri Lanka’s appeal to Chinese tourists by launching WeChat Pay integration within two weeks. This initiative will enable over 400,000 LANKAQR merchants nationwide to accept mobile payments directly from C
On 2 April, US President Donald Trump imposed a 44 percent tariff on Sri Lankan exports to the United States. With apparel comprising 64 percent of these exports—valued at nearly USD 1.8 billion in 2023—Sri Lanka’s apparel industry is likely to
The sudden imposition of steep U.S. tariffs—rising from 12 percentage to 44 percentage—has rattled investor confidence, sending markets into a tailspin. With further details on the revised tax structure still pending, export-driven firms are brac
Hatton National Bank (HNB) of Sri Lanka has withdrawn its non-binding offer to acquire Bank Alfalah’s operations in Bangladesh.
John Keells Holdings PLC (JKH) has divested its entire 37.62 percent equity stake in Tea Smallholder Factories PLC for a total of Rs.395 million. Udapusslaewa Plantations, a unit of LOLC has acquired 37.59 percent stake for total of Rs. 394.68 millio
Sri Lanka has been slapped with 44 percent reciprocal tariff by the US, which would impact the local export sector, particularly apparel.
The Colombo bourse extended its rally for a second consecutive session, closing above the 16,000 mark amid strong trading activity. The All Share Price Index (ASPI) gained 73.04 points to settle at 16,007.44, bringing its cumulative monthly increase
The Colombo Stock Exchange (CSE) opened April on a strong footing, with the All-Share Price Index (ASPI) gaining momentum to close with bullish sentiment. Trading activity was marked by significant volatility, as dividend counters dragged the market
The price of 12.5kg domestic Laugfs Gas cylinders has been increased by Rs.420 with effect from today.
BYD, a global leader in New Energy Vehicles (NEVs), has commenced its first customer vehicle deliveries in Sri Lanka following the lifting of import restrictions.
A total of 6.8 million Taxpayer Identification Numbers (TINs) have been issued so far for the citizens in the country, making it easier for them to obtain government services, Inland Revenue Commissioners Association President and Senior Commissioner
A trend must be created in the country to motivate people to pay their taxes, Deputy Minister of Labour and Economic Development A. Anil Jayanta Fernando said.
Softlogic Life Insurance PLC has agreed to buy all shares of Allianz Life Insurance Lanka Limited from Allianz SE, taking full ownership of the company.
While recording a 16.3% rise, foreign remittances sent through the banking system by Sri Lankan workers saw a significant increase by the end of February this year, the Sri Lanka Bureau of Foreign Employment (SLFEB) said.
The Monetary Policy Board decided to keep the Overnight Policy Rate (OPR) at 8.00 peecent at its meeting held yesterday.
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