Friendster, the once-dominant social media platform of the early 2000s, has officially returned, aiming to recapture the spirit of its original community while adapting to modern digital habits.
Sri Lanka’s economic performance in 2025 marks a significant turning point in the country’s modern economic history. According to the latest Central Bank report, which was recently published, Sri Lanka has achieved a robust economic growth rate of 5%, signaling a strong recovery trajectory following years of fiscal …
Smallholders of oil palm cultivation and experts in the economic agriculture sector emphasized that resuming oil palm cultivation can easily earn foreign exchange while quenching the local demand for edible oil.
Speaker Dr. Jagath Wickramaratne stated that a comprehensive audit had been conducted on the financial management of the eighth and ninth Parliaments and the Auditor General will present the report to Parliament within a month. He made these remarks while visiting the Mahanayake Theras of the Malwatte and Asgiriya C…
Media Deputy Minister Dr. Kaushalya Ariyaratne while refuting SJB MP Dr. Harsha Silva’s claim yesterday said that Finance Ministry Secretary Dr. Harshana Sooriyapperuma has not refused to appear before the committee.
Sri Lanka Insurance Corporation General Limited (SLICGL) delivered a remarkable performance in 2025, reinforcing its position as Sri Lanka’s leading general insurer with outstanding results across key financial metrics. The company sustained a Gross Written Premium (GWP) of Rs. 30.3 billion, demonstrating the resili…
MP Ravi Karunanayake has urged the Government to prioritise the settlement of US$ 2.5 million owed to the Australian government, asserting that doing so would position Sri Lanka to seek Australia’s assistance in navigating the ongoing financial difficulties.
The Bank recorded a Profit Before Income Tax (PBT) of LKR 4,548Mn in Q1 2026, against LKR 4,199 Mn reflecting a growth of 8.31%. For the three months ended 31st March 2026, Profit after Tax recorded by Seylan Bank was LKR 2,906 Mn with a growth of 5.25% against LKR 2,761 Mn recorded in the corresponding period of 2025.
Bilateral trade between France and Sri Lanka stood at 556 million Euros in 2025,with French exports to Sri Lanka amounting to 85 million Euros, while French imports from Sri Lanka reached 470 million Euros.
Sri Lanka Cricket (SLC) has provided a financial grant to rising javelin thrower Rumesh Tharanga Pathirage who has went on to set up a new meet record of 89.28m and won the gold medal at the AIP Keino Classic Meet in Nairobi, Kenya recently. He was awarded Rs. 10 million.
British Cosmetics (Private) Limited, one of Sri Lanka’s leading manufacturers of premium skincare, cosmetics and personal care products, has entered into a strategic partnership with Ethera Business LLC to support a disciplined expansion into international markets.
Elektrateq (Private) Limited and Mobility as a Service (Private) Limited, operating under the brand Elexi, announced the signing of two landmark commercial agreements, marking a significant milestone in their collaboration to accelerate the adoption of electric mobility in Sri Lanka.
Doc990, Sri Lanka’s pioneering digital health solutions provider operated by Digital Health (Pvt) Ltd, a subsidiary of Dialog Axiata PLC, has announced the introduction of a cashless channelling facility in collaboration with Softlogic Life for their corporate policyholders.
At a pivotal stage where the Sri Lanka Export Credit Insurance Corporation (SLECIC) is building on a strong foundation and embracing a renewed strategic direction, the Corporation has announced the appointment of Upeksha Subasinghe as its new General Manager.
The gentle rhythms of ‘Avurudu’ came alive in a uniquely meaningful way this year at La Serena, where residents of the beachfront retirement resort gathered to celebrate the Sinhala and Tamil New Year in a spirit of warmth, companionship and shared joy.
Sampath Bank PLC continues to transform Sri Lanka’s banking landscape through the introduction of a fully integrated, AI-driven lending ecosystem, reinforcing its leadership in intelligent, data-led financial solutions.
The OPEC Fund for International Development has launched a US$ 1.5 billion initiative to support economic stability, trade and resilience in partner countries amid rising global pressures.
Treasury Secretary Dr. Harshana Suriyapperuma has informed the Committee on Public Finance (CoPF) in writing that he will not be appearing before the committee today (30).
Oil prices kept spurting higher and neared their highest levels since 2022. The leap, along with hints that some Federal Reserve officials don’t want to cut interest rates any time soon, sent tremors through the US bond market, but US stocks dipped only modestly.
For Hamish Studholme, a tunneller across some of Sydney’s biggest transport infrastructure projects for about 20 years, an uncomfortable truth became impossible to ignore. Even as contracting companies slowly introduced measures to mitigate the threat of silicosis, an incurable lung disease caused by inhaling tiny p…
Melbourne’s median house price has fallen more than $6000 from its peak, as two interest rate rises, global economic uncertainty and a cost-of-living crisis deter unnerved buyers from making big purchases.
Perth’s house prices have risen for another quarter in the longest uninterrupted stretch of growth since 2000-07, but there are warnings buyers could be hitting an “affordability ceiling” as looming tax changes take the shine off WA’s market for investors.
Canisters of infant formula are priced as high as $31.75 per 12.4-ounces at a market serving the Central American immigrant community in the Westlake/Pico Union area of Los Angeles, Tuesday, April 7, 2026. (AP Photo/Damian Dovarganes)
With Kevin Warsh having won the backing of the Senate Banking Committee on a 13-11 party-line vote to be the next chair of the Federal Reserve, it's pretty much a done deal that this will be Jerome Powell's final press conference as Fed Chair.
Cranes load and unload containers from cargo ships at the Panama Canal’s Rodman Port, operated by PSA International, in Panama City, Thursday, April 9, 2026. (AP Photo/Matias Delacroix)
WASHINGTON — A divided US Federal Reserve kept interest rates unchanged for a third straight meeting Wednesday on high uncertainty from the Middle East war, in what was likely its last gathering helmed by Jerome Powell.
Federal Reserve officials voted 11–1 to stand pat on interest rates Wednesday, shifting the focus to a looming leadership shake-up as Jerome Powell approaches the end of his term.
WASHINGTON, April 29 (Yonhap) -- The U.S. Federal Reserve on Wednesday held its benchmark interest rate steady for the third consecutive time in what might be its last rate decision under Chair Jerome Powell, as concerns have risen over the impact of the U.S.-Israeli war against Iran on oil prices and inflation.
The US Federal Reserve held interest rates steady on Wednesday as rising oil prices due to the Iran war added to growing concerns over the inflation outlook.
THE International Business Matching Conference (IBMC) 2026 is set to take place at Newport Performing Arts Theater, Pasay City on June 17—18, 2026, bringing together an exceptional lineup of global BNI leaders, national directors and industry experts in one powerful event.
An unusually divided Federal Reserve on Wednesday held its key interest rate steady as policymakers grappled with the policy impact of persistent inflation and awaited a looming leadership transition at the central bank.
Readers of The Post interested in trying out Polymarket, the fast-growing prediction market, can collect a $20 bonus when they create an account using the Polymarket promo code NYPMAX.
Leading AI chatbots have spooked experts by spitting out detailed instructions on how to build biological weapons capable of causing mass casualties, according to an alarming report Wednesday.
A Los Angeles business owner has revealed he is the one behind a phone call recording with Karen Bass, just days before the infamous Palisades Fire last year.