Business News
Business President-IMF delegation discuss fifth and sixth review under EFF programme
A delegation from the International Monetary Fund (IMF) met with Sri Lankan President Anura Kumara Dissanayake at the Presidential Secretariat on October 2nd.…
Business Global oil prices rise after Trump address
Global oil prices have increased following Trump's speech. His remarks did not calm the global oil markets about the ongoing disruption in the important Strait…
Business Gold prices fall as Trump gives no clarity on ending Iran war
Gold prices fell more than 1% on Thursday, ending a four-day increase, as U.S. President Donald Trump announced that the United States would continue its…
Business Russia warns citizens not to travel to states that have extradition treaties with US
Russia issued a warning to its citizens on Wednesday, advising them against traveling to countries that have extradition agreements with the United States. The…
Business PM Harini calls for inclusive society ensuring rights and well-being of senior citizens
Prime Minister Dr. Harini Amarasuriya emphasized the need for a society in Sri Lanka where all senior citizens can live safely, freely, happily, and healthily,…
Business Tanker hit by projectile off coast of Qatar, UK maritime agency says
A tanker was struck by an "unknown projectile" near the coast of Doha, Qatar, as reported by the UK Maritime Trade Operations. The agency noted that the vessel…
Business Sri Lanka Rupee depreciates by 1.6% against US dollar in 2026
The Sri Lankan rupee fell by 1.6% against the US dollar in 2026, according to the Central Bank of Sri Lanka (CBSL). As of the end of trading yesterday (31),…
Business Pope Leo urges Donald Trump to end war on Iran
Pope Leo called on U.S. President Donald Trump on Tuesday to seek a way to stop the war in Iran, marking a rare direct request from the pope as the conflict…
Business Trump says the US could end the Iran war in two to three weeks
US President Donald Trump stated that the United States could stop its military actions against Iran within two to three weeks. He mentioned that Iran does not…
Business 29 killed in Russian military plane crash over Crimea
A Russian An-26 military transport plane went down into a cliff in Crimea, resulting in the deaths of 29 individuals on board, likely due to a technical issue,…
Business Suspect arrested in Kahawatta gem businessman murder case
Police have arrested a man in connection with the murder of a gem businessman in Kahawatta. The suspect was found hiding in a forest area in Kahawatta when the…
Business China and Pakistan call for “immediate ceasefire” and peace talks
China and Pakistan have urged for an “immediate ceasefire” and peace discussions to end the ongoing war in Iran. This call came after high-level meetings…
Business War could wipe up to $194 billion from Arab economies, UNDP warns
A recent assessment from the United Nations Development Programme (UNDP) warns that the ongoing conflict in Iran could significantly harm the economies of Arab…
Business Global oil prices edge higher as war shows no sign of easing
Global oil prices rose again during early trading in Asia on Tuesday. The cost of oil in the US increased by 3%, reaching almost $106 (£80.52) per barrel. For…
Business Egypt President says only Trump can stop the war, warns oil could top $200
Egypt's President Abdel Fattah al-Sisi called on U.S. President Donald Trump on Monday to help end the war in Iran, stating that only he has the power to do…
Business Trump threatens to “completely” obliterate Iran s energy sources if deal is not reached
US President Donald Trump warned that if Iran does not agree to a deal with the United States and does not open the Strait of Hormuz, the U.S. might respond by…
Business Egypt President says only Trump can stop war, warns oil could top $200
Egypt's President Abdel Fattah al-Sisi called on U.S. President Donald Trump on Monday to intervene and halt the Iran war, stating that only he has the power…
Business Mojtaba Khamenei thanks Iraq for support during war
Mojtaba Khamenei, the new Supreme Leader of Iran, expressed gratitude to Iraqi paramilitary groups that have been targeting American military bases in the…
Business Bakery owners hold talks with Trade Minister over price hike concerns
Today (26), a meeting took place between Wasantha Samarasinghe, the Minister of Trade, Commerce, Food Security, and Co-operative Development, and local bakery…
Business Over 2.7 million new QR codes issued since March 15 - Ministry
Since March 15, more than 6.2 million individuals in Sri Lanka have signed up for the National Fuel Pass system and received new QR codes. This system was…
Business More than 1,000 complaints filed over misuse of fuel QR system
The Ministry of Digital Economy in Sri Lanka has reported receiving over 1,000 complaints about the misuse of fuel QR codes. These complaints involve people…
Business Iran drafts law to impose tolls for transiting Strait of Hormuz
Iran's parliament is developing a new law that would require ships to pay a toll for security while transiting through the Strait of Hormuz. This information…
Business South Korea confirms easing of US sanctions on Russian oil
South Korea has announced that it has received approval to import certain energy products from Russia due to a relaxation of US sanctions. This comes as the…
Business Donald Trump plans May visit to China for talks with Xi after Iran war delay
US President Donald Trump is set to meet Chinese President Xi Jinping in May, marking his first trip to China in eight years. This visit was delayed due to the…