Oil tops $100 again despite historic release of reserves
Oil prices surged past $100 per barrel again overnight, three days after it hit a four-year high, as the US and Israel’s war with Iran continues to have a historic...
Nestlé Celebrates 120 Years of Working Together for Good in Sri Lanka
Nestlé Lanka Limited, the ‘Good Food Good Life’ company marks 120 years of operations in Sri Lanka this year. From...
Dollar surges as US-Iran war pushes oil past $100 a barrel
The dollar took another leg higher on Monday, jumping to a three-month peak on the euro as oil surged past...
Sri Lanka’s foreign reserves surpass USD 7 billion mark
Sri Lanka’s official reserve assets increased by 6.6% to USD 7,284 million in February 2026, compared to USD 6,832 million...
DPMC reignited the roads with grand KTM motorcycles
David Pieris Motor Company (Private) Limited (DPMC) proudly relaunched KTM motorcycles in Sri Lanka after a lapse of five years,...
USD/LKR Spot Rate surpasses Rs. 310 mark for the first time since Feb. 2024
The indicative USD/LKR spot rate announced by the Central Bank of Sri Lanka (CBSL) has surpassed the Rs. 310 mark...
More In Business
NOLIMIT Expands to the North with Grand Opening of 28th Store in Jaffna
NOLIMIT, Sri Lanka’s leading fashion retail brand, proudly announced the grand opening of its 28th store in Jaffna, which took place on Saturday, 3rd January 2026 at 10.00 a.m., marking...
Jan 6, 2026
HelaGo Raises USD 1 Million Seed Funding to Redefine Sri Lanka’s Ride-Hailing Market
HelaGo, Sri Lanka’s emerging ride-hailing platform built on an open and fair operating model, has secured USD 1 million in seed funding to accelerate its expansion and introduce a new...
Jan 3, 2026
IMF Projects Sri Lanka's Economy to Grow by 3.1% in 2026
(Coolombo) The International Monetary Fund (IMF) has projected that Sri Lanka's economy is expected to grow by 3.1% in 2026. This forecast follows a period of strong recovery noted by...
Oct 29, 2025
LB Finance Al-Salamah Marks 15 Years of Excellence in Alternate Financial Service
Colombo, 8th October 2025 – LB Finance PLC proudly celebrated the 15th anniversary of LB Al-Salamah Alternate Financial Services Unit at a grand ceremony held at Shangri-La Colombo, marking a...
Oct 21, 2025
Sri Lanka’s export earnings hit USD 11.6B in first 8 months of 2025
Sri Lanka’s export sector has continued to demonstrate resilience and steady growth during the first eight months of 2025, recording total earnings of US$ 11,554.32 million. This reflects a strong...
Sep 23, 2025
Xiaomi Launches Redmi 15C in Sri Lanka – Affordable Smartphones for Everyone
Colombo, Sri Lanka – [2nd September 2025] – Xiaomi, a global leader in consumer technology, has officially launched the Redmi 15C in Sri Lanka, reinforcing its commitment to delivering high-quality...
Sep 9, 2025