Business

Colombo Property Bubble: Rs. 2 Trillion Bank Exposure Raises Alarm 5y7rtugfv

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Colombo Property Bubble: Rs. 2 Trillion Bank Exposure Raises Alarm

By The Morning Telegraph November 6, 2026

COLOMBO — Sri Lanka’s banking sector has nearly Rs. 2 trillion (Rs. 2,000 billion) in loans tied...

The Sirasa Deal: A Rs. 104 Million Stain on the Government? ty7uiykjhbn

ty7uiykjhbn

The Sirasa Deal: A Rs. 104 Million Stain on the Government?

By The Morning Telegraph November 6, 2026

The Government says the sponsorship was intended to promote Sri Lanka internationally. Critics are asking whether the...

The SINOPEC Hambantota Truth: Why the Government’s Decision to Cancel Was Correct hyjkujh

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The SINOPEC Hambantota Truth: Why the Government’s Decision to Cancel Was Correct

By The Morning Telegraph November 6, 2026

A reported recommendation to terminate the existing refinery award has intensified questions over tax concessions, domestic fuel...

Champika Says Rs. 2.2bn Hydropower Cost Missing From Coal Losses uikok67yhj

uikok67yhj

Champika Says Rs. 2.2bn Hydropower Cost Missing From Coal Losses

By The Morning Telegraph November 6, 2026

COLOMBO — Former Energy Minister argues that water used to compensate for reduced coal-fired electricity generation carried...

Port Payment Rules Cost Sri Lanka $50 Million a Year, Association Claims thrjytmhg

thrjytmhg

Port Payment Rules Cost Sri Lanka $50 Million a Year, Association Claims

By The Morning Telegraph November 4, 2026

COLOMBO, 4 November 2026 — Sri Lanka could be losing more than US$50 million annually in foreign...

Policy Paradox: The NPP’s Anti-Privatisation Stance vs. Its State Enterprise Surgery brhejnfd

brhejnfd

Policy Paradox: The NPP’s Anti-Privatisation Stance vs. Its State Enterprise Surgery

By The Morning Telegraph November 4, 2026

COLOMBO, 4 November 2026: The Dissanayake administration is winding up dormant public enterprises and reviewing further closures,...

The Rs. 104 Million Sirasa Deal: Taxpayers’ Money and Vijitha’s PM Dream ghuikutmhgf

ghuikutmhgf

The Rs. 104 Million Sirasa Deal: Taxpayers’ Money and Vijitha’s PM Dream

By The Morning Telegraph November 3, 2026

COLOMBO, Sri Lanka — Minister Nalinda Jayatissa says the sponsorship came from tourism-sector levies, while questions remain...

Oxford Economics Report Ranks Sri Lanka’s Cigarettes as the World’s Most Expensive in Purchasing Power Terms Cigarette packs illustrating Sri Lanka's high cigarette prices relative to local purchasing power, as discussed in an Oxford Economics assessment.

Cigarette packs illustrating Sri Lanka's high cigarette prices relative to local purchasing power, as discussed in an Oxford Economics assessment.

Oxford Economics Report Ranks Sri Lanka’s Cigarettes as the World’s Most Expensive in Purchasing Power Terms

By The Morning Telegraph November 3, 2026

By Roy Denish Sri Lanka has the world’s highest cigarette prices relative to purchasing power, according to...

Weak Maritime Oversight Acts as a ‘Hidden Tax’ on Sri Lankan Trade, Industry Warns Cargo containers at the Port of Colombo, where concerns over Sri Lanka's maritime oversight and shipping charges have been raised.

Cargo containers at the Port of Colombo, where concerns over Sri Lanka's maritime oversight and shipping charges have been raised.

Weak Maritime Oversight Acts as a ‘Hidden Tax’ on Sri Lankan Trade, Industry Warns

By The Morning Telegraph November 3, 2026

By Roy Denish Sri Lanka’s maritime oversight faces criticism as industry groups warn that excessive shipping fees...

Why Sri Lanka’s US$3.7 Billion Sinopec Refinery Deal Is Facing Cancellation ert56y7uhjg

ert56y7uhjg

Why Sri Lanka’s US$3.7 Billion Sinopec Refinery Deal Is Facing Cancellation

By The Morning Telegraph November 2, 2026

Disputes over domestic fuel sales, long-term tax concessions, environmental responsibilities and the future of the state-owned Sapugaskanda...