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Sri Lankan gold prices drop sharply by Rs. 38,000 over past week
In line with global market trends, gold prices in the local market have decreased by Rs. 5,000 today, bringing the total decline to approximately Rs. 38,000 compared to the previous week.
As a result, the price of a 24-carat gold…
India and Sri Lanka Discuss Regional Fallout of West Asia Conflict
Indian External Affairs Minister S. Jaishankar and Sri Lankan Foreign Minister Vijitha Herath held high-level talks on Tuesday to address the growing economic and security implications of the escalating West Asia conflict.
As the closure…
ADB Chief arrives in Sri Lanka on official visit
The President of the Asian Development Bank (ADB), Masato Kanda arrived in Sri Lanka on an official visit this morning (23).
He stated that he arrived in Colombo at a “critical moment” as the country transitions from crisis response…
Bus services disrupted in several areas; NTC proposes over 10% fare increase
A shortage of bus services has been reported in several areas today (23), despite a limited number of buses being in operation, according to Director General of the National Transport Commission (NTC), Dr. Nilan Miranda.
He stated that…
Iran expresses readiness to support Sri Lanka with essential supplies, including oil
At a press conference held at the Embassy of the Islamic Republic of Iran in Colombo, Iranian Ambassador Dr. Alireza Delkhosh reiterated Iran’s commitment to its bilateral relationship with Sri Lanka and emphasized continued cooperation…
Bus fare revision proposal to be presented to Cabinet today
The proposal to increase bus fares is scheduled to be presented to the Cabinet today (23).
The National Transport Commission (NTC) stated that the recent fuel price hike, particularly the increase in Lanka auto diesel prices, has…
President explains Sri Lanka’s decision to reject Iranian Naval and US aircraft requests
President Anura Kumara Dissanayake informed Parliament today (20) of the reasons behind the Government’s decision to deny permission for Iranian naval vessels to enter Sri Lankan territorial waters.
Addressing the House, the President…
Ex-SriLankan CEO claims Rs. 60 mln in Airbus bribes paid to ex-President Mahinda: court told
The Commission to Investigate Allegations of Bribery or Corruption (CIABOC) today (19) has informed the Colombo Magistrate’s Court that it has been uncovered that funds allegedly received as bribes from the Airbus aircraft deal had been…
US Special Envoy calls on Sri Lanka President to discuss bilateral ties and regional developments
The United States Special Representative for South and Central Asia, and US Ambassador to India, Sergio Gor, who is currently visiting Sri Lanka, met with President Anura Kumara Dissanayake this morning (19) at the Presidential Secretariat.…
Adani’s Colombo Terminal handles over 1 million containers in first year
A rapid first-year ramp-up at the Port of Colombo in Sri Lanka underscores the expanding global footprint of India’s Adani Ports and Special Economic Zone Ltd (APSEZ), highlighting both the growing importance of the Indian Ocean region in…