Prolonged Iran War raises demand risks for US corporates
Prolonged Iran War raises demand risks for US corporates as escalating geopolitical tensions could weaken global demand through indirect economic pressures, according to
Business
Forex Market
Sri Lanka Rupee and Bonds Update – 31 Mar 2026
Sri Lanka rupee weaker, bond yields steady as the local currency depreciated slightly against the US dollar in the spot market on Tuesday,
Business
CSE up 3.56% during week, but ends in red
CSE up 3.56% during week, but ends in red as Sri Lanka’s stock market closed lower on the final trading day despite a
Apparel and Fashion
Apparel exports decline in Feb. amid weak demand
Apparel exports decline in Feb. amid weak demand, as Sri Lanka’s garment sector recorded a sharp year-on-year contraction driven by softening global markets.
Business
Blue Arc to manufacture containerised substations under BOI deal
Blue Arc to manufacture containerised substations under a new BOI agreement, positioning Sri Lanka as a hub for high-end electrical infrastructure exports. The
Investments
Hambantota International Port invests $108m in new cranes
Hambantota International Port invests $108m in new cranes, marking a major upgrade to its container terminal and reinforcing Sri Lanka’s position as an
Business
Senkadagala Finance appoints N. Vasantha Kumar Chairman
Senkadagala Finance appoints N. Vasantha Kumar Chairman of its Board, effective 1 April 2026, reflecting the company’s focus on strengthening governance and strategic
Finance
People’s Bank launches People’s Remittance – Kalin Avurudu Vaasi Draw 2026
People’s Bank launches “People’s Remittance – Kalin Avurudu Vaasi Draw 2026’’, offering incentives to encourage foreign remittance inflows while rewarding customers ahead of
Investments
Port City, BOI eye Gulf-linked inflows as CoPF flags delays and policy gaps
Port City, BOI eye Gulf-linked inflows as CoPF flags delays and policy gaps, as Sri Lankan authorities seek to capitalise on shifting regional
Tech Industry
EWIS innovates AI-powered platform to de-risk enterprise legacy modernisation
EWIS innovates AI-powered platform to de-risk enterprise legacy modernisation, unveiling a new solution aimed at reducing the complexity, cost, and uncertainty associated with