President Anura Kumara Dissanayake will inaugurate the Sri Lanka Economic & Investment Summit 2026 today, 12 October, at the Shangri-La Colombo. Organised by The Ceylon Chamber of Commerce, the two-day Summit will feature senior business leaders, policymakers and international experts discussing Sri Lanka’s economic priorities and investment prospects. Held under the theme “Positioning Sri Lanka…
Sungrow, a globally leading supplier of PV inverters and energy storage systems, announced the successful commissioning and commercial operation launch of WKV Hydro Technics (Pvt) Ltd’s 10 MW/40 MWh Battery Energy Storage System (BESS) in Galle, Sri Lanka on September 10, 2026. WKV Group, a subsidiary of Khen Energy Limited, deployed Sungrow’s PowerTitan 2.0 solution,…
Reuters – Elon Musk said he would price Starlink’s satellite internet service affordably in India to take on Mukesh Ambani’s low-cost Reliance Jio, escalating his attacks on the rival billionaire days before Jio’s parent launches India’s largest-ever IPO. Jio Platforms, which owns the telecom arm, is targeting a valuation of $106 billion in the offering….
The Colombo Commercial High Court on Friday dismissed a petition filed by M. Thiyagaraja seeking permission to take action against National Development Bank PLC (NDB), its directors and external auditors over an alleged Rs. 13.2 billion fraud. High Court Judge Viraj Ranatunge issued the order on October 9, 2026, stating that the requirements for proceeding…
Conducts pioneering awareness programmes for farmers in collaboration with two state universities, govt. officials and technology providers In response to emerging climate risks, the Commercial Bank of Ceylon has launched a proactive initiative through its Development Credit Department, to equip Sri Lanka’s agricultural sector against the potential impacts of the 2026 El Niño climate pattern….
New AI Hub strengthens 99x’s AI-first approach, while its agentic AI platform wins the Gold award as the “Best Agentic AI Solution” at the National AI Awards 2026 99x, a global product engineering company headquartered in Norway, has launched AI Hub, an observability platform designed to provide greater visibility into AI-assisted workflows and performance metrics….
Multilingual AI travel assistant available on 011 778 8288 Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, in partnership with the Ruhunu Tourist Bureau, announced the launch of Travel Sri Lanka – Powered by Dialog AI, an AI-powered multilingual tourism voice assistant designed to make tourism information more accessible to local and international travellers. Supporting…
The Committee on Public Finance recently summoned officials of the Central Bank of Sri Lanka to Parliament to inquire into the financial irregularities identified at NDB Bank and the final audit report relating to the matter. The Committee meeting, chaired by Hon. Member of Parliament Dr. Harsha de Silva, discussed irregularities identified in NDB Bank’s…
Reuters – Oil prices fell on Friday as Middle East supply concerns eased after US President Donald Trump said it will not attack Iran before US elections next month amid productive talks to end their war that has disrupted global energy markets. Brent crude futures fell $1.37, or 1.3%, to $102.91 a barrel by 0450…
Montana Governor Greg Gianforte, accompanied by First Lady Susan Gianforte and a delegation from the state of Montana, will visit Sri Lanka on October 9 to expand opportunities for American agricultural exports and deepen security cooperation through the Montana National Guard’s State Partnership Program. Located in the northwestern United States, Montana is known for its…
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