Business News
Business Mattala Wildlife Unit to boost revenue, tourism and investor confidence
“This goes beyond just administrative action; it is a progressive initiative that combines conservation, aviation safety, and national development into one…
Business Iran’s top diplomat in Russia as Tehran intensifies efforts to end the war
This visit follows a prior meeting with Omani officials in Muscat, where Iran sought to gather both regional and global support for renewed negotiations. A…
Business Oil rises above $106 per barrel as US, Iran deadlocked in Strait of Hormuz
In the US, stock markets fell overnight, with the S&P 500 index declining by 0.41 percent and the tech-heavy Nasdaq Composite down by 0.89 percent.…
Business Whistleblowers ask Treasury Chief to resign over theft of USD 2.5 mn
The civil society group ‘Free Lawyers’ revealed on October 23 that the Treasury mistakenly paid a USD 2.5 million loan installment to the wrong party instead…
Business 02-04-2026 | 5:20 PMCoal Controversy takes an Unexpected TurnRakitha Rajapakshe, Director and Shareholder in In...
Rakitha Rajapakshe, Director and Shareholder in Invest.LK, a company that owns shares in Panaurora (Pvt) Ltd, has denied that either company has links to…
Business 13-04-2026 | 7:37 PMTrump says US to begin naval blockadeThe U.S. military is due to begin a blockade of ships entering or leaving I...
The U.S. military is due to begin a blockade of ships entering or leaving Iran's ports at 10 a.m. (1400 GMT), after weekend talks on ending the war broke…
Business France Signals Positive Outlook on SL's GSP+COLOMBO (News 1st); France has called for a further expansion of Sri Lanka’s capacity to export high‑quality garment products to European markets, the...23-04-2026 | 11:24 AMRead more
COLOMBO ( News 1st); France has called for a further expansion of Sri Lanka’s capacity to export high‑quality garment products to European markets, the…
Business President Chairs Meeting with Heads of Banks and Financial Institutions
Following the launch of the National QR Payment Promotion Initiative, a meeting between President Anura Kumara Dissanayake and the heads of banks and financial…
Business Compensation payments and reconstruction activities related to the Ditwah relief measures must be expedited with special attention at the district level – PM
Prime Minister Dr. Harini Amarasuriya emphasized that compensation payments and reconstruction activities related to the Ditwah relief measures must be…
Business Parliament urged to probe questionable payment of USD 2.5 mn from Treasury
President’s Counsel Maithri Gunaratne has urged the Parliament to intervene in an ongoing investigation conducted by the Treasury into the wrongful payment of…
Business US intercepts three Iranian oil tankers in Asian waters - Report
The U.S. military has stopped at least three oil tankers flying the Iranian flag in Asian waters, redirecting them from their locations near India , Malaysia,…
Business Second ship fired on in Strait of Hormuz - UKMTO
The UK Maritime Trade Operations Centre (UKMTO) has reported that a second ship has been targeted in the Strait of Hormuz. The UKMTO, which is led by the…
Business Three vessels hit by gunfire in Strait of Hormuz, crews safe
On Wednesday, gunfire struck at least three container ships in the Strait of Hormuz, according to maritime security sources and the United Kingdom Maritime…
Business Donald Trump extends Iran ceasefire and Strait of Hormuz blockade
US President Donald Trump announced on Tuesday, April 21, that he would extend the ceasefire with Iran indefinitely, just hours before it was set to end. This…
Business Air fares soar by nearly 25% as Iran war forces flights to re-route
Air fares have jumped nearly 25% due to the ongoing war in the Middle East. A new study shows that the lowest economy tickets are, on average, 24% more…
Business Spain starts program to legalize up to half-million migrants
Spain has launched a program to provide legal status to up to 500,000 undocumented migrants. This initiative goes against the current trend of anti-immigration…
Business Trump tariff refunds begin after Supreme Court order
The administration of former President Trump has started to issue refunds for billions of dollars in tariffs that the US Supreme Court deemed invalid in…
Business Iraq and Syria tout their reopened border crossing as an alternative oil route
Iraq and Syria have reopened an important border crossing after more than ten years. Officials are excited about its potential for trade and oil exports. They…
Business PHIs take legal action against over 1,200 shops after raids during festive season
Public Health Inspectors (PHIs) across Sri Lanka have conducted inspections at 21,796 business establishments island wide targeting the festive season,…
Business Chinese national arrested with cigarettes at BIA
A foreign national has been arrested by airport customs officers earlier this morning (20) for illegally bringing a large consignment of China- manufactured…
Business CAA assures continuous Laugfs gas supply during festive period
The Consumer Affairs Authority (CAA) has announced that there will be a steady supply of Laugfs gas for consumers during the festive season, which starts…
Business Gold rises 2.3%, extends gains after Trump announces Iran ceasefire
Gold prices increased by 2.3% on Wednesday as investors reevaluated short-term risks. This came after U.S. President Donald Trump announced a two-week halt to…
Business MPs to debate Sri Lanka s prevailing situation in Parliament today
Today, on the 8th of October, Parliament in Sri Lanka will discuss an adjournment motion about the current situation in the country. The debate is set to run…
Business Oil prices plunge 12% after Trump agrees to suspend bombing and attack of Iran for 2 weeks
Oil prices fell by 12% and U.S. stock futures rose sharply on Tuesday evening after President Donald Trump declared a “double-sided ceasefire” in the conflict…