Business News
Business Parliament to debate Sri Lanka s prevailing situation tomorrow
Parliament in Sri Lanka is set to discuss the ongoing situation in the country tomorrow. The government will present an adjournment motion for this debate.…
Business Sri Lanka CERT warns public of rising festive-season social media scams
The Sri Lanka Computer Emergency Readiness Team (Sri Lanka CERT) issued a warning today (07) about a rise in online scams and financial fraud on social media…
Business 23 organised drug traffickers identified, Public Security Minister says
Public Security Minister Ananda Wijepala announced that 23 organized criminals linked to major drug trafficking operations have been identified. He mentioned…
Business Global stocks struggle, oil jumps as Trump s Iran deadline looms
Global stock markets showed mixed reactions on Tuesday, while oil prices hovered around $110 per barrel. Investors remained cautious due to fears of a…
Business Middle East war means all roads lead to higher prices, slower growth, IMF chief says
The conflict in the Middle East will cause inflation to rise and slow down global growth, according to the head of the International Monetary Fund (IMF),…
Business Saudi Arabia evacuates Riyadh s key financial hub amid Iran threat
Saudi Arabia has instructed businesses to evacuate the main financial center in Riyadh due to worries about possible missile and drone attacks from Iran. This…
Business Hambantota Port expands capacity as Middle East crisis drives surge in shipping volumes
The Hambantota International Port (HIP) in Sri Lanka has greatly increased its capacity due to a rise in global shipping volumes caused by the ongoing crisis…
Business Minister Sunil Handunneththi holds discussions with IMF representatives
Today, on June 6, Minister of Industry and Entrepreneurship Development, Sunil Handunneththi, met with representatives from the International Monetary Fund…
Business Over 4,600 litres of hoarded diesel seized in Kalmunai
Kalmunai Headquarters Police have confiscated 4,620 litres of diesel during a raid on Madhavan Road in Kalmunai today (06). The fuel was found in 22 barrels…
Business Red Cross joins calls for de-escalation after Trump threatens Iranian infrastructure
The Red Cross has joined others in urging for calm after US President Donald Trump threatened to attack Iranian power plants and bridges if the Strait of…
Business Adjournment debate on Easter Sunday Attacks this week in Parliament
An adjournment debate regarding the 2019 Easter Sunday Attacks will occur in Parliament this week. The opposition has put forward this proposal, which is set…
Business OPEC+ agrees to boost oil output when Strait of Hormuz reopens
OPEC+ decided on Sunday to increase its oil production quotas by 206,000 barrels per day starting in May. However, this increase is mostly symbolic because key…
Business “Turning New Year transactions into QR payments will be a turning point” - President
President Anura Kumara Dissanayake highlighted the need for officials to encourage society to adopt efficient practices. He spoke at the launch of the…
Business Special consumer protection program launched ahead of festive season
The Consumer Affairs Authority (CAA) has introduced a special program aimed at protecting consumers as the festive season approaches, announced Chairman…
Business UAE joins Bahrain in urging UNSC action on St of Hormuz
On Monday, the UAE showed its support for Bahrain by calling on the Security Council to act regarding the Strait of Hormuz. Abdullatif bin Rashid Al-Zayani,…
Business National QR payment promotion programme to be launched tomorrow
Starting tomorrow, Sri Lanka will launch a new program called the “National QR Payment Promotion Programme.” According to the President’s Media Division (PMD),…
Business GMOA says ExCo to decide on continuing strike tomorrow
The Government Medical Officers’ Association (GMOA) announced that its Executive Council will decide tomorrow whether to continue the ongoing strike. The GMOA…
Business Trump says Iran military leaders killed in Tehran strike
US President Donald Trump announced on Saturday (local time) that "many" military leaders from Iran were killed in a significant attack on the capital. He…
Business Iran has 48 hours to make a deal before hell will reign down , Trump says
US President Donald Trump stated that Iran has 48 hours to reach an agreement or face consequences regarding the Strait of Hormuz. He shared this message on…
Business Even after Iran war ends, restoring global economy will take two years or more – Analyst
Political analyst Dr. Tudor Weerasinghe has cautioned that ongoing military conflicts in the Middle East could have serious effects on Sri Lanka and other…
Business Health Minister challenges GMOA over baseless strike
Health Minister Nalinda Jayatissa has criticized the Government Medical Officers’ Association (GMOA) for their strike against the appointment process for…
Business Netanyahu claims 70% of Iran s steel production capacity destroyed
Israeli Prime Minister Benjamin Netanyahu announced on Friday, April 3, 2026, that Israeli airstrikes have effectively destroyed around 70% of Iran's steel…
Business World food price rise set to continue if Iran war lasts, FAO says
World food prices surged in March, reaching their highest point since September 2022. This increase could continue if the ongoing conflict in the Middle East,…
Business UK-led 40-nation coalition demands end to Hormuz blockade
The United Kingdom has gathered foreign ministers from 40 countries to discuss ways to reopen the Strait of Hormuz, an important shipping route currently…