Lead Story

Global bonds buckle as surging oil prices inflame inflation risks

Reuters – Global bond yields ​spiked to new highs and sharemarkets slumped on Friday as soaring oil prices inflamed inflation risks, sending investors scrambling to price in ‌more policy tightening from central banks across the globe. Brent crude climbed to a four-month high of $109.97 a barrel on Friday after a 6% overnight jump, capping…

(0) Comments | September 11, 2026 10:52 am

Featured

Dearo Venture Capital Ltd Strengthens Leadership and Unveils Strategic Vision for Sri Lanka’s Economic Growth

Dearo Venture Capital Ltd, Sri Lanka’s largest venture capital institution, officially announced the appointment of its new Board of Directors at a special media conference held on 10th September 2026 at the company’s Head Office located on the 9th Floor, Ceylinco House, No. 69, Janadhipathi Mawatha, Colombo 01. The event brought together members of the…

(0) Comments | September 11, 2026 10:46 am

Senaro launches Sri Lanka’s first motorcycle premier center and all-new RR250

Senaro Motor Company has made history in Sri Lanka’s two-wheeler sector by launching the nation’s first-ever Premier Center dedicated to the motorcycle industry, located at Jubilee Post Junction, Nugegoda while also unveiling its latest motorcycle model, the Senaro RR250. Senaro, a 100% Sri Lankan-owned motorcycle company with a 23-year history, has expanded its retail footprint…

(0) Comments | September 10, 2026 4:54 pm

World’s No. 1 Salsa Team Headlines ALIF-SL’s 4th Edition in Colombo

ALIF-SL 2026 to bring 30+ international artists to Colombo, headlined by world No. 1 salsa team Tropical Gem from Italy ALIF-SL, Sri Lanka’s first-ever international Afro-Latin dance festival, returns for its 4th edition from 25 to 27 September 2026 at the Galle Face Hotel, Colombo. The festival will bring together over 30 international and national…

(0) Comments | September 10, 2026 4:50 pm

Hettich Celebrates a Decade in Sri Lanka with Landmark Partner Meet in Colombo

Global furniture fittings leader marks 10 years of growth and partnership in Sri Lanka and unveils Blaupunkt built-in kitchen appliances. Hettich, the globally renowned German manufacturer of furniture fittings and architectural hardware known for its state-of-the-art manufacturing plants and magical interior solutions across the world celebrated a significant milestone in Sri Lanka, marking 10 years…

(0) Comments | September 10, 2026 4:48 pm

Emirates deploys Premium Economy to Paris, offering next-generation cabins across France

All three of Emirates’ French gateways are now served with the award-winning Premium Economy cabin Since launching in Lyon and Nice, Premium Economy has maintained a healthy load factor for both in- and outbound passengers Emirates, the world’s largest international airline, will deploy the retrofitted A380 on the Dubai-Paris route from 25 October 2026, introducing…

(0) Comments | September 10, 2026 4:43 pm

Gather Around the Table: Hot Pot at City of Dreams Sri Lanka

Hot Pot has long been a much-loved dining tradition across Asia, bringing people together around a simmering pot of broth, fresh ingredients and shared conversation. At Spice 8, City of Dreams Sri Lanka introduces this interactive style of dining in a refined setting, available 24 hours a day. For many people across China and other…

(0) Comments | September 10, 2026 4:31 pm

MAS Holdings, Official Clothing Sponsor of Team Sri Lanka, Unveils Kits for Aichi–Nagoya 2026 Asian Games

MAS Holdings, the official clothing sponsor for Team Sri Lanka, today unveiled and handed over the national contingent’s official kit ahead of the 20th Asian Games, Aichi–Nagoya 2026. The Games will be held from 19 September to 4 October 2026 in Aichi Prefecture and Nagoya, Japan. Developed in partnership with the National Olympic Committee of…

(0) Comments | September 10, 2026 2:09 pm

Coke Kottu Beat Party Brings Music and Flavour to Katunayake

Katunayake’s Davindra Mendis Playground came alive with music, flavour and celebration as Coca-Cola Sri Lanka hosted the Coke Kottu Beat Party on Sunday, 6 September 2026. The event brought together food and music lovers for an evening of lively entertainment, a plethora of mouthwatering culinary offerings and refreshing Coca-Cola, creating a vibrant celebration of Sri…

(0) Comments | September 10, 2026 1:55 pm

Union Bank Opens Second ATM/CDM in Trincomalee to Enhance Customer Convenience

Union Bank opened its 2nd ATM/CDM in Trincomalee recently. The new cash point offering 24×7 cash deposits and withdrawals and is conveniently located at Uppuveli providing easy access to local community as well as foreign tourists for international cards. First transaction was carried out by Mr & Mrs Sivapalan Krishanand Directors of Uppuveli Beach hotel…

(0) Comments | September 10, 2026 1:48 pm

Treinetic opens The Legends Lounge in Malabe, marking 12th anniversary

Treinetic (Pvt) Ltd marked its 12th anniversary with the opening of The Legends Lounge, a new hospitality and lifestyle venture, in Malabe on 9 September 2026. The opening marked the Sri Lankan software product engineering company’s expansion beyond the technology sector. The new venue brings together food, coffee, wellness, work and leisure within a single…

(0) Comments | September 10, 2026 1:47 pm

Analysis

Economic optimism shores up but corporates remain cautious amid cost pressures

Confidence in the economy strengthened in August with a larger share of corporate executives anticipating an improvement in the months ahead. However, the outlook remains cautious with half of those surveyed expecting economic conditions to remain unchanged amid rising costs and continued uncertainty surrounding the broader economic milieu. THE ECONOMY The latest LMD-PEPPERCUBE Business Confidence…

(0) Comments | September 3, 2026 2:10 pm

Sri Lanka’s Trade Deficit Widens to $6.5 Billion Amid Soaring Fuel Costs and Middle East Headwinds

Sri Lanka’s external current account recorded a deficit of US $142 million in July 2026, marking the fourth consecutive month in negative territory as the nation navigates severe headwinds from geopolitical developments in the Middle East. According to the latest data, the cumulative external current account has slid into a deficit of US $387 million…

(0) Comments | September 1, 2026 2:02 pm

Sri Lankan fintechs eye 200 million market opportunity beyond domestic shores

Conrad Dias, Vice Chairman of the Fintech Forum Sri Lanka and Chairman of LOLC Finance PLC, believes the next stage of Sri Lanka’s fintech journey is about helping local fintech companies access larger regional markets, strengthen collaboration with banks and regulators, and build an ecosystem capable of sustaining long-term growth. For Sri Lanka’s fintech companies,…

(0) Comments | September 1, 2026 10:12 am
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