Sri Lanka explores Russian fuel purchase after U.S. lifts sanctions
Sri Lanka explores Russian fuel purchase after U.S. lifts sanctions, opening discussions with Moscow as the island nation looks to secure fuel supplies
Energy
Forex Market
Sri Lanka Rupee and Bonds Update – 16 Mar 2026
Sri Lanka sells extra Rs4bn Treasury bonds after auction, adding to the government’s borrowing this week and bringing the total volume of Treasury
Real Estate
TMC Colombo to host seminar on Condominium Property
TMC Colombo to host seminar on Condominium Property as Sri Lanka’s rapidly expanding apartment sector continues to raise new questions about ownership rights,
Tourism
John Keells Hotels to sell Cinnamon Citadel owner
John Keells Hotels to sell Cinnamon Citadel owner as part of a Rs. 2.78 billion transaction with Lavendish Leisure, marking a strategic shift
Economics
Oil tops $100 despite global reserve release
Oil tops $100 despite global reserve release as escalating tensions in the Middle East continue to rattle energy markets, driving crude prices higher
Economics
Advocata praises fuel price hike, urges CPC transparency
Advocata praises fuel price hike, urges transparency in CPC formula, saying the government’s unexpected mid-month revision of fuel prices helped prevent hoarding and
Economics
Ceylon Chamber of Commerce hosts high-level evening with diplomats
Ceylon Chamber of Commerce hosts high-level evening with diplomats, bringing together representatives from Sri Lanka’s business, government, and diplomatic communities to strengthen dialogue,
Energy
Trump announces $300b refinery deal with India’s Reliance
Trump announces $300b refinery deal with India’s Reliance, outlining plans for what he described as the first major oil refinery to be built
Business
Ceylon United Business Alliance takes tax concerns to IRD
Ceylon United Business Alliance takes tax concerns to IRD following discussions with officials of the Inland Revenue Department on challenges faced by small
Economics
Sri Lanka MSME loan quotas exhausted at commercial banks
Sri Lanka MSME loan quotas exhausted at several leading private banks, prompting the government to prepare additional funding allocations to support small businesses