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Trump says the US will extend its ceasefire with Iran at Pakistan's request

ISLAMABAD, Pakistan — President Donald Trump said Tuesday the United States was indefinitely extending its ceasefire with Iran — a day before it was to expire — as a new round of peace talks was on hold. The announcement appeared to ease fears that the fighting, which had shaken energy markets and the global economy…

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Man convicted of terror plot allowed to stay in UK after wife banned for supporting Islamic State

A man convicted of plotting an attack on the London Stock Exchange in 2012 was allowed to stay in the United Kingdom on human rights grounds as his wife was banned from entering the country for supporting the Islamic State terrorist organization, a UK Special Immigration Appeals Commission judgment revealed on Monday.

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Economic recovery remains resilient across all sectors in 2025

Sri Lanka’s economy showed resilience in 2025, with a 5% GDP growth. Agriculture (1.4%), industry (7.8%), and services (3.3%) contributed positively, while Cyclone Ditwah hindered fourth-quarter activity, causing $1.4 billion losses and moderating growth to 4.8%. Consumption rose sharply, but investment growth decli…

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Embassy of Sri Lanka in Japan hosts Japan–Sri Lanka ICT Business Matching Event 2026 - DailyNews

The Embassy of Sri Lanka in Japan, in collaboration with the Export Development Board, successfully organized the Japan–Sri Lanka ICT Business Matching Event 2026 at the Minato City Industrial Promotion Centre in Tokyo, bringing together leading stakeholders from Sri Lanka and Japan to improve collaboration in the d…

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Financial consumer complaint landscape

Consumer complaints provide a transparent view into the public’s interaction with financial services and frequently act as preliminary indicators of potential dangers within the financial network. Acknowledging the importance of these observations, the Central Bank of Sri Lanka (CBSL) examines complaint statistics t…

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CBSL releases the publication on Financial Statements and Operations for 2025

The publication on the Financial Statements and Operations of the Central Bank of Sri Lanka 2025, a requirement under Section 99 (2) and 7 (1) (l) of the Central Bank of Sri Lanka (CBSL) Act, No 16 of 2023, was presented to President and Minister of Finance, Planning and Economic Development, Anura Kumara Dissanayak…

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PH ‘blue economy’: A systems evaluation of marine capital

LAST week, I attended the Makati Business Club’s forum with British Ambassador Sarah Hulton. The ambassador discussed some of the geopolitical and economic shocks being experienced by the world, in relation to the United Kingdom’s role in enhancing security throughout the globe. In particular, Ambassador Hulton desc…

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How to future-proof the global economy

NEW YORK — An uncomfortable reality is becoming increasingly difficult to ignore. The global economy is in a period of “more frequent and violent shocks,” as Nobel laureate Michael Spence puts it. Instead of facing isolated and temporary disruptions, we are confronting a structural shift toward unsettling volatility…

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