Vijay also represents a younger political brand that may prioritize regional economic engagement. Hence, there are a few possible openings for Sri Lanka to engage in joint tourism promotion between Northern Sri Lanka and Tamil Nadu, establish ferry connectivity revival between ports such as Kankesanthurai Harbour an…
Eleven years have passed since one of the most controversial financial scandals in Sri Lanka’s modern history shook public confidence in State institutions. The Central Bank bond scam of 2015, which unfolded under the “good governance” administration, remains etched in the national consciousness as a moment when tru…
A business meeting between the Karachi Chamber of Commerce and Industry (KCCI) delegation and the Sri Lanka Export Development Board (EDB) was successfully held on 06th May 2026 at the EDB premises in Colombo, reaffirming the longstanding economic ties between Sri Lanka and Pakistan.
The Maldives currently runs a trade deficit with Sri Lanka of over $166 million. While this reflects the strong presence of Sri Lankan goods in the Maldivian market, it also signals an opportunity to deepen and rebalance the partnership through greater two-way trade, targeted investments and high-impact joint ventur…
The Commission to Investigate Allegations of Bribery or Corruption (CIABOC) re-filed indictment against former Central Bank Governor Ajith Nivard Cabraal for violating the condition imposed by Colombo High Court over the case causing loss of over Rs. 1, 800 million to the Government by purchasing treasury bills from…
By Farhad Ibragimov – lecturer at the Faculty of Economics at RUDN University, expert and lecturer at the Department of Political Science, Faculty of Social Sciences and Mass Communications, Financial University under the Government of the Russian Federation
By Farhad Ibragimov – lecturer at the Faculty of Economics at RUDN University, expert and lecturer at the Department of Political Science, Faculty of Social Sciences and Mass Communications, Financial University under the Government of the Russian Federation
Trust is a strange thing. We spend years building it, only to realise how fragile it always was. There are some emotions the rational mind struggles to process. Betrayal is one of them. Because trust is rarely built overnight. It takes time. Conversations. Consistency. Presence. We spend years learning who to trust,…
Food & Hospitality Asia Maldives (FHAM) 2026 will take place from 7th to 9th September 2026 at the Manhattan Grand Hotel, bringing together global brands, regional suppliers, and key decision-makers from across the hospitality and tourism sectors.
Fort Magistrate Pasan Amarasena yesterday (7) ordered the remand of 74 Vietnamese nationals arrested by the Kollupitiya Police on Wednesday (6) on suspicion of committing financial fraud via the internet and for violating visa conditions until May 14. The Magistrate ordered the remand of 41 Vietnamese nationals, age…
FIFA has increased annual funding by 20 percent for all its 211 member nations at the 76th FIFA Annual Congress held in Vancouver, Canada with the Football Federation of Sri Lanka set to receive USD 12 million from this year, FFSL President Jaswar Umar said.
AS inflation continues to outpace wage growth, Filipino workers are demanding not just relief, but fairness. Against this backdrop, Senator Win Gatchalian’s proposed GINHAWA Act offers a timely response by addressing the erosion of take-home pay through targeted tax relief for working Filipinos.
Indianapolis Colts cornerback Kenny Moore II (23) runs on the sidelines during an NFL football game against the San Francisco 49ers, Dec. 22, 2025, in Indianapolis. (AP Photo/Zach Bolinger, File)
As Sri Lanka looks to better position its mineral sands resources within a globally competitive and responsibly developed industrial framework, The Ceylon Chamber of Commerce will host a one-day Technical Conference on the mineral sands sector on 17 June at the Galle Face Hotel, Colombo from 9 a.m. to 5 p.m.
Sampath Bank PLC handed over a fully operational Material Recovery Facility (MRF) in Bathigama, Dickwella, under its ‘A Breath to the Ocean’, ocean plastic reduction initiative.
Tokyo Cement Group, in collaboration with the Mahaweli Authority, launched the 2026 tree-planting season of the Ivuru Rakina Pawuru project near the Polgolla Dam in Kandy, joined by members of the touring New Zealand Under-85kg rugby team.
Marking a significant milestone in Sri Lanka’s digital transformation journey, the National QR Payment Adoption Programme was recently launched with the objective of accelerating the country’s transition towards a cash-lite economy.
La Trobe University, Colombo in collaboration with Study Melbourne, Victoria, Australia and La Trobe University, Australia organised a panel discussion on ‘AI and Future Employment Opportunities’.
LB CIM, the flagship digital lifestyle application powered by LB Finance PLC, has entered a strategic partnership with e-Channelling PLC, Sri Lanka’s leading digital healthcare platform, to offer doctor channeling services directly through the LB CIM App.
In a significant step toward enhancing international academic partnerships, Prof Mohamad Chahine, Director IMI from Kursk State Medical University, Russia visited the Institute of Chemistry Ceylon (IChemC) to explore opportunities for initiating joint undergraduate and postgraduate degree programmes.
The Colombo Stock Exchange (CSE) and Cambridge University Press and Assessment partnered, making CSE Academy an authorised examination centre for Linguaskill by Cambridge recently on April 30, bringing the English proficiency test designed for academics and professionals to CSE’s 12 branches leveraging the exchanges…
DFCC Bank PLC has been certified as a Full Member of the Federation of Information Technology Industry Sri Lanka (FITIS) for 2026, marking a step in the Bank’s ongoing effort to strengthen its digital capability and align more closely with the country’s evolving technology ecosystem.
Xclusive is celebrating nine years of operations, marking its journey from humble beginnings to becoming a leading destination for genuine technology products in the country.
The Federation of Renewable Energy Developers (FRED) warned that Sri Lanka’s renewable energy sector is facing a “natural death” unless the Government urgently intervenes to resolve mounting payment defaults owed by them.
President Donald Trump meets with UFC fighters, Wednesday, May 6, 2026, in the Oval Office of the White House, in Washington. (AP Photo/Jacquelyn Martin)
OpenAI introduced three audio models for its developer platform on Thursday, aiming to make voice-based software agents more conversational and capable of completing tasks in real time.
The US stock market is hanging just below its records while oil prices keep dropping on hopes that a deal may be nearing to allow tankers to deliver crude once again from the Persian Gulf to customers.
The oil market faces a shortage of nearly one billion barrels that will only get worse every day the conflict in the Middle East drags on, Shell CEO Wael Sawan told investors Thursday.
Israeli Education Minister Yoav Kisch has threatened to advance legislation imposing financial sanctions on educational institutions unless they commit to keeping politics out of academia, he confirmed on Tuesday.
What’s in a name? Will a state “minority business revolving loan” program still serve the same function if its target audience is redefined in law as businesses in “historically underserved communities”?
Inflation is likely to hit 5 per cent by the middle of the year and could soar to 7 per cent by Christmas if the war against Iran pushes oil to $US200 a barrel, with Jim Chalmers’ fifth budget to confirm Australians will face ongoing price pressures.
Coinbase chief executive Brian Armstrong informed employees in an early morning message Tuesday that the cryptocurrency exchange would eliminate roughly 14% of its workforce — about 700 jobs — as the company restructures around artificial intelligence.
The National Highway Traffic Safety Administration said Thursday the 2026 Tesla Model Y is the first vehicle model to pass the agency’s new advanced driver assistance system tests.
Some think Jim Chalmers will announce a return to the pre-1999 inflation indexation model for capital gains for all asset classes. (ABC News: Adam Kennedy)
LOS ANGELES — As concerns mount over artificial intelligence and its rapid integration into society, tech companies are increasingly turning to faith leaders for guidance on how to shape the technology — a surprising about-face on Silicon Valley’s longstanding skepticism of organized religion.
Corporate America is celebrating one of its strongest earnings seasons of the century — but analysts warned of possible storm clouds ahead as energy prices surge and consumer sentiment tanks because of the Iran war.
Wall Street is reacting nervously to AI disruption. But advisors who understand that machines can handle labor while professionals focus on judgment may be better positioned to adapt.
Whirlpool’s shares plunged more than 20% after the company said consumer confidence has fallen to “recession level lows” because of the Iran war, tanking demand for its big appliances.