Business Two more vessels attacked off UAE, Oman- UKMTO
Two more ships seem to have been attacked in the Mideast Gulf, according to the UK Maritime Trade Operations (UKMTO) today. The UKMTO reported that the…
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Business PUCSL hands over report on nine controversial coal shipments to Sectoral Oversight Committee
The Public Utilities Commission of Sri Lanka (PUCSL) has submitted its report regarding the investigation into nine coal shipments meant for the Lakvijaya Coal…
Business Sri Lanka could face Balance of Payment crisis if Middle East conflict continues - Economist
Sri Lanka may encounter a 'Balance of Payment' crisis if the conflict in the Middle East persists, warns economist Talal Rafi. In an interview with Ada Derana,…
Business Iran says will hit all Mideast economic hubs if US-Israeli attacks persist
A general from Iran's Islamic Revolutionary Guard stated on Tuesday that if the US and Israel continue their attacks, Iran will respond by targeting “all…
Business Public Security Ordinance gazette to be debated in Parliament on Friday
Parliament will discuss the Public Security Ordinance on Friday, March 6, 2026. This decision was made during a meeting of the Committee on Parliamentary…
Business Businessman remanded over allegedly taking Rs. 5 mln bribe to secure bail for detainee
A businessman has been remanded after being arrested by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) for allegedly accepting a…
Business Colombo Stock Exchange suffers its largest single-day point drop in history
The Colombo Stock Exchange (CSE) experienced its biggest one-day drop ever today (03), with the All Share Price Index (ASPI) falling by 1,290.68 points, which…
Business CBSL to release economic impact assessment tomorrow amid global tensions - President
President Anura Kumara Dissanayake told Parliament today that the Central Bank of Sri Lanka (CBSL) has been looking into the current situation and will release…
Business Trading at CSE temporarily halted
Trading at the Colombo Stock Exchange (CSE) was temporarily stopped today because the S&P SL20 index fell by over 5% from its last closing. The CSE…
Business President urges swift settlement in Middle East amid worldwide economic concerns
President Anura Kumara Dissanayake called on everyone involved in the Middle East conflict to quickly work towards a peaceful solution. He emphasized that this…
Business Sri Lanka urges global peace, calls on int l organisations to fulfill responsibilities – Minister
Minister Nalinda Jayatissa emphasized that every country should help create global peace by addressing the ongoing military conflicts in the Middle East.…
Business US gasoline crosses $3 per gallon mark in test of Trump s Iran war
Average retail gasoline prices in the U.S. surpassed $3 a gallon on Monday, marking the first time since November, as the situation in the Middle East…
Business Oil prices jump and shares fall as conflict escalates
Oil prices have surged as Iran continues its attacks in the Middle East in retaliation to US and Israeli actions. On Monday, Brent crude, which sets global oil…
Business Israel hits Tehran again after killing Khamenei, leadership council takes over
Israel carried out more airstrikes on Tehran on Sunday, and Iran responded with missile attacks. This escalation followed the death of Supreme Leader Ali…
Business Lanka IOC confirms adequate fuel stocks islandwide; Public urged to avoid panic buying
Lanka IOC has stated that there is enough petrol and diesel available at all locations throughout Sri Lanka. The company reported that the petrol supply can…
Business No plans to close Strait of Hormuz- Iran FM
Iran's Foreign Minister, Abbas Araghchi, stated that the country is undergoing a leadership change in accordance with its constitution, following the death of…
Business Oil jumps 10% on Iran conflict and could spike to $100 a barrel, analysts say
Brent crude oil prices surged by 10% to around $80 a barrel on Sunday, according to oil traders, as analysts warned that prices might reach $ 100 following…
Business Middle East crisis could impact Sri Lanka s economy – Prof. Tudor Weerasinghe
Political analyst Professor Tudor Weerasinghe discussed today (01) how the current crisis in the Middle East could affect Sri Lanka. During a media briefing,…
Business Who is Ayatollah Ali Khamenei, Iran s Supreme Leader who ruled for 36 years?
Ayatollah Ali Khamenei, Iran’s Supreme Leader for 36 years, faced severe protests earlier this year. In response, he carried out one of the harshest crackdowns…
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 Fuel prices increased
The Ceylon Petroleum Corporation (Ceypetco) has stated that fuel prices will change starting at midnight today, the 28th. Auto Diesel will now cost Rs. 281 per…
Business Tenders invited for emergency purchase of 300,000 MT of coal
The Lanka Coal Company (LCC) has announced that it is seeking tenders for the urgent purchase of 300,000 metric tons of coal for the Lakvijaya Coal Power Plant…
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…