Business News
Business Oil and gas majors and traders suspend shipments via Hormuz, sources say
Several tanker operators, oil companies, and trading firms have halted shipments of crude oil, fuel, and liquefied natural gas through the Strait of Hormuz.…
Business Sri Lanka apparel exports to US, EU fall in January, UK holds steady
Sri Lanka's apparel exports to the US and EU saw a decline in January, while the UK market remained stable. The Joint Apparel Association Forum (JAAF) reported…
Business Three arrested with narcotic pills worth Rs. 3 million in Panadura
Three individuals, including a married couple, were arrested for having narcotic pills worth Rs. 3 million, according to the Panadura South Police…
Business Bill Clinton to lawmakers investigating Epstein- I saw nothing
Bill Clinton told lawmakers on Friday that he “saw nothing that gave me pause” during his time with Jeffrey Epstein. This statement came as the former…
Business Milan tram derails and slams into a building, killing two people
A tram derailed on Friday in central Milan, crashing into a building and resulting in the deaths of two individuals, with over twenty others injured, according…
Business Disaster Relief Officers halt duties from today over unmet demands
Grama Niladharis, Disaster Relief Service Officers, and Technical Officers have decided to stop their relief work related to Cyclone Ditwah starting today, the…
Business Sri Lanka officially launches Digital Nomad Visa facility; first recipients welcomed
Sri Lanka has officially introduced the Digital Nomad Visa (DNV) facility at the Bandaranaike International Airport (BIA) in Katunayake. The launch event took…
Business World Economic Forum boss quits after review of Epstein links
Borge Brende, the president and CEO of the World Economic Forum (WEF), has stepped down after a review of his connections to the late Jeffrey Epstein, who was…
Business Sri Lanka and Finland sign MoU on political consultation mechanism in Helsinki
Sri Lanka and Finland have signed a Memorandum of Understanding (MoU) to enhance their political consultation processes in Helsinki. This event, which took…
Business AI-driven entrepreneurship will transform Sri Lanka s economy- Dy Minister
Sri Lanka's economy is set to undergo significant changes through entrepreneurship powered by Artificial Intelligence (AI), according to Deputy Minister of…
Business Adjournment debate in Parliament to mark International Women s Day
Parliament in Sri Lanka will begin its sessions next month from March 3. Members of Parliament will gather from March 3 to March 6, as announced by the…
Business “India Gateway To Asia”- Israel prepares free trade agreement with Delhi
Israeli Economy and Industry Minister Nir Barkat expressed optimism about a Free Trade Agreement between India and Israel as Prime Minister Narendra Modi began…
Business PM Modi becomes first world leader to cross 100 million Instagram followers
On Thursday, Prime Minister Narendra Modi became the first leader in the world to reach over 100 million followers on Instagram. This achievement highlights…
Business CEB trade unions to stage six-hour token strike today
The trade unions of the Ceylon Electricity Board (CEB) are planning a six-hour token strike today, from noon to 6:00 p.m. on the 26th. They are taking this…
Business Sri Lanka-Portugal affirm commitment to further strengthen bilateral ties
Portugal's Minister of State and Foreign Affairs, Paulo Rangel, made a working visit to Sri Lanka on February 24, where he met with the Minister of Foreign…
Business IMF urges US to work with partners to ease trade restrictions
On Wednesday, February 25, the IMF urged the United States to collaborate with its trading partners to ease trade restrictions. This call came as part of a…
Business Sri Lanka and Russia discuss cooperation in tourism, trade and technology
The Russian Ambassador to Sri Lanka, Levan S. Dzhagaryan, met with the Secretary to the President, Dr. Nandika Sanath Kumanayake, today (25) at the…
Business US tariff rate to hit 15% or more for some nations, USTR says
The U.S. will increase its tariff rate for some countries to 15% or more, up from the recently set 10%, according to U.S. Trade Representative Jamieson Greer.…
Business FM Vijitha Herath to undertake an official visit to Romania
Vijitha Herath, the Minister of Foreign Affairs, Foreign Employment and Tourism of Sri Lanka, will make an official visit to Romania from March 1 to 3, as…
Business Energy efficiency is a national priority for development – PM Harini
Prime Minister Dr. Harini Amarasuriya emphasized that improving energy efficiency is crucial for boosting Sri Lanka's economy. She noted that it goes beyond…
Business Foreign Minister Vijitha Herath to leave for Germany tomorrow
Vijitha Herath, the Minister of Foreign Affairs, Foreign Employment, and Tourism, is set to travel to Germany tomorrow. His visit, which will last for two…
Business President Trump set to deliver first State of the Union address of his second term
U.S. President Donald Trump is set to give his first State of the Union address for his second term on Tuesday. This comes at a challenging time for his…
Business Sri Lanka s export earnings top US$ 1.5 billion mark in January
Sri Lanka's export sector kicked off 2026 with impressive growth, achieving a year-on-year increase of 13.71%. This surge indicates a revival in the country’s…
Business PM Modi to begin his Israel visit today, defence and trade on agenda
Prime Minister Narendra Modi will start his visit to Israel today, focusing on improving defence and trade ties between India and Israel. This visit will…