Business News
Business Trump says that he s asked about 7 countries to join coalition to police Iran s Strait of Hormuz
President Donald Trump stated on Sunday that he has requested around seven countries to send warships to ensure the Strait of Hormuz remains open. However, he…
Business India and Sri Lanka s ports should be complementary rather than competitive- Senasinghe
Sujeewa Senasinghe, a Member of Parliament from Sri Lanka, spoke at the NXT Conclave 2026 in New Delhi about the importance of the Indian Ocean for future sea…
Business Average US gas prices reach $3.70 — up almost 24% since start of Iran war
Gas prices in the United States have reached an average of $3.70 per gallon today, as reported by AAA. This marks an increase of nearly 24% since the war in…
Business New curriculum will be introduced for preschools next year- PM Harini
A new curriculum for preschools will be launched in 2027, according to Prime Minister Dr. Harini Amarasuriya. She announced this during a program for preschool…
Business Possible increase in prices of imported goods amid Middle East conflict – Dy Minister
Deputy Minister of Trade R. M. Jayawardena has indicated that Sri Lanka could see higher prices for imported goods because of the ongoing conflict in the…
Business Sri Lanka calls for immediate de-escalation of tensions in Middle East
Sri Lanka is very worried about the quickly growing tensions in the Middle East and West Asia, which are putting civilians in danger, according to a statement…
Business Israel says Iran war entering decisive phase
Israel announced on Saturday that the conflict with Iran is now entering a "decisive phase." Explosions were reported in cities across the Middle East,…
Business Workshop held to raise awareness among govt executive officers on use of AI
A workshop took place to raise awareness about using Artificial Intelligence (AI) among government executive officers in Sri Lanka. This event, called “AI for…
Business Sri Lanka achieves significant economic growth in 2025 – Dy Minister
Sri Lanka has shown impressive economic growth in 2025, according to R. M. Jayawardena, the Deputy Minister of Trade, Commerce, and Food Security. He shared…
Business Peradeniya Yakaa Paalama restoration faces significant delays, warns Station Masters Association
The Sri Lanka Railway Station Masters’ Association has expressed serious worries about the slow progress in fixing the Peradeniya Railway Bridge, known locally…
Business US orders 2,500 Marines and an amphibious assault ship to Mideast after almost 2 weeks of war
The U.S. military has dispatched 2,500 Marines and an amphibious assault ship to the Middle East, a U.S. official reported on Friday. This move marks a…
Business Electricity trade unions hail successful talks with the President
Electricity trade unions in Sri Lanka are pleased after their meeting with President Anura Kumara Dissanayake on the afternoon of the 13th. They described the…
Business One-fourth of Sri Lanka s population living in poverty - Minister Upali Pannilage
The Ministry of Rural Development, Social Security, and Community Empowerment reports that a quarter of Sri Lanka’s population is living in poverty. Minister…
Business US allows countries to buy Russian oil stranded at sea for 30 days
The United States has granted a 30-day license for nations to purchase Russian oil and petroleum products that are currently stuck at sea. Treasury Secretary…
Business Ex-President Ranil says IRIS Dena sinking exposed helplessness of IOR, urges stronger regional cooperation
Former President Ranil Wickremesinghe has emphasized the need for stronger political, economic, and security collaboration among nations in the Indian Ocean…
Business Police raise alarm over domestic worker theft complaints, issues guidelines
The Sri Lanka Police have reported multiple complaints about domestic workers allegedly stealing valuable items like gold, cash, foreign currency, and other…
Business Three crew members believed trapped aboard Thai ship attacked in Gulf- Shipping firm
Three crew members are thought to be trapped on a Thai bulk carrier that was struck by two projectiles on Wednesday, March 10, while navigating the important…
Business 300 to 400 slums destroyed after massive fire breaks out in Indian capital
A large fire occurred late Wednesday night at a fish market in Matiala village, located in Uttam Nagar, Delhi. The blaze ignited around 11:50 pm as vendors…
Business US to release 172 million barrels of oil to stabilise markets as Middle East conflict escalates
The United States Department of Energy has revealed plans to release 172 million barrels of oil from its strategic petroleum reserve starting next week. This…
Business UN Security Council demands Iran halt attacks on Gulf states
The UN Security Council called on Iran to stop its attacks on Gulf nations on Wednesday. This resolution did not mention the strikes by the US or Israel on…
Business Electricity trade unions call off strike action
Electricity trade unions in Sri Lanka have decided to end their strike after discussions with relevant authorities. The unions reached this decision after…
Business President urges collective action to tackle economic impact of Middle East crisis
President Anura Kumara Dissanayake emphasized that the current government's goal is to create an economy in Sri Lanka that benefits from advancements in…
Business 40% salary demand could force electricity tariffs to double – NTNSP Chairman
Trade unions in Sri Lanka's power sector are currently on strike, demanding a 40% salary increase. Nusith Kumaratunga, the Chairman of the National…
Business Oil prices fall after IEA proposes biggest oil stock release in history
Oil prices fell this morning after the Wall Street Journal revealed that the International Energy Agency (IEA) has suggested releasing a significant amount of…