Sri Lankan consumers and businesses making purchases from overseas online services could face further delays unless the government updates the country’s outdated e-commerce tax rules, the Advocata Institute has warned.

The Colombo Stock Exchange (CSE) closed the trading day on a positive note. The market initially experienced significant selling pressure during the early hours of the session, with the All Share Price Index (ASPI) declining by nearly 150 points.

Well known banker Rienzie Wijetilleke passed away this morning, according to family members.

The Colombo Stock Exchange (CSE) closed the trading day on a negative note, reflecting a decline in overall market momentum. Despite the downward movement, market sentiment remained mixed, with notable selling pressure observed as investors engaged i

The Colombo Stock Exchange (CSE) concluded the trading day on a positive note, reaching a new record high, supported by growing investor confidence and increased market activity. Overall sentiment remained upbeat, driven largely by the announcement t

The Colombo Stock Exchange (CSE) commenced the month of July with a slight decline in both All Share Price Index (ASPI) and S&P SL20 and , following a period of sustained gains. Despite the market’s modest pullback, investor activity remained stron

The Colombo Stock Exchange (CSE) closed the month on a historic high, with the All Share Price Index (ASPI) surpassing the 18,000 mark for the first time. This achievement reflects a continued wave of investor optimism and strong market momentum, sup

The Colombo bourse saw the All Share Price Index (ASPI) cross the 18,000 milestone for the first time in history today.

In an exclusive statement given to NDTV, Prada has finally acknowleged that the footwear pieces featured in its Men’s 2026 Spring/Summer show in Milan, were isnpired by the traditional Indian handcrafted pieces made in specific districts of Mahara

Sri Lanka is falling short of delivering the structural transformation it claims to seek, despite the growing rhetoric around revival and sustainable growth, warned internationally renowned economist Prof. Razeen Sally.

The much-anticipated MasterChef Sri Lanka, the 71st international adaptation of the globally celebrated culinary reality show, was officially launched on 26 June at Cinnamon Grand Colombo.

The Colombo Stock Exchange (CSE) closed on a strong positive note today, recording a new all-time high in both intraday and closing levels of the All Share Price Index (ASPI), which settled at 17,740.46. The market witnessed heightened investor activ

The Colombo Stock Exchange (CSE) closed on a strong positive note today, continuing the upward momentum observed yesterday following the ceasefire announcement between Iran and Israel. Both the All Share Price Index (ASPI) and the S&P SL20 Index reco

The CFA Society Sri Lanka marked its 12th annual Capital Market Awards last evening (24 June) honouring individuals and institutions that demonstrated excellence in the country’s capital markets.

The Colombo Stock Exchange (CSE) closed on a strong positive note today, with both the All Share Price Index (ASPI) and the S&P SL20 Index recording significant gains. The upward momentum was driven by improved global investor sentiment following the

The Colombo Stock Exchange (CSE) closed on a negative note today, recording a significant decline from the start of the trading session, as both the ASPI and S&P SL20 indices fell sharply. The downturn was primarily driven by escalating geopolitical

The World Bank Group today approved a new $150 million program to support Sri Lanka’s move toward clean, reliable, and affordable energy. The program—Secure, Affordable, and Sustainable Energy for Sri Lanka—will support the country reduce its r

The Colombo Stock Exchange (CSE) closed on a positive note today, marking a recovery after several consecutive sessions of decline. Both the All Share Price Index (ASPI) and the S&P SL20 recorded gains, reflecting renewed investor activity.

The Colombo Stock Exchange (CSE) continued its downward trend, closing the day on a negative note as both the All Share Price Index (ASPI) and the S&P SL20 declined. The sustained downturn was primarily driven by ongoing geopolitical tensions in the

The Colombo Stock Exchange (CSE) announced the appointment of Dimuthu Abeyesekera as the new Chairman of its Board of Directors.

Global investment firm Blackstone has acquired the unsold inventory of Altair luxury residential project and South City Mall in Kolkata from South City Projects for INR 3,250 crore.

The Colombo Stock Exchange (CSE) ended the day in negative territory, continuing its recent decline, as both the All Share Price Index (ASPI) and the S&P SL20 fell. Selling pressure increased throughout the session, mainly due to rising tensions in t

The Colombo Stock Exchange (CSE) closed the day on a negative note, continuing its recent downward trend, with both the All Share Price Index (ASPI) and the S&P SL20 recording declines. During the initial hour of trading, the ASPI showed a gain of ne

The government has decided to introduce a special fixed deposit scheme for senior citizens, as proposed in the 2025 budget, Cabinet Spokesman and Minister Nalinda Jayatissa said today.

The Colombo Stock Exchange (CSE) ended the day on a negative note, marking its second consecutive session of decline, as investor sentiment remained weighed down by escalating geopolitical tensions in the Middle East.

Governor of the Central Bank of Sri Lanka Dr.Nandalal Weerasinghe, together with senior officials of the CBSL welcomed Dr. Gita Gopinath, First Deputy Managing Director of the International Monetary Fund (IMF) and Dr. Krishna Srinivasan, Director of

The Colombo Stock Exchange (CSE) closed the day on a negative note, following a major military strike launched by Israel on multiple military and nuclear sites across Iran. This geopolitical escalation led to heightened investor caution, contributing

The Colombo Stock Exchange (CSE) closed the day on a mixed note, with overall investor activity remaining relatively subdued. Both market turnover and share volume declined in comparison to recent sessions, which had experienced heightened trading ac

The Colombo Stock Exchange (CSE) continued its upward momentum, surpassing the 17,500 mark on the All Share Price Index (ASPI). The ASPI closed at 17,657.60, recording a gain of 157.36 points, or 0.90%.

Heightened trade tensions and policy uncertainty are expected to drive global growth down this year to its slowest pace since 2008 outside of outright global recessions, according to the World Bank’s latest Global Economic Prospects report.