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Future policies on vehicle imports should be formulated in a way that allows imports only based on necessity, according to Professor in Economics at the Department of Economics, Priyanga Dunusinghe of the University of Colombo. MORE..

18 May 2026 (5:32 PM)

Commercial oil stocks are falling �very fast� as Gulf supplies remain disrupted by the Middle East war, even with the release of strategic reserves by governments worldwide, the head of the International Energy Agency (IAE) said on Monday (May 18). MORE..

18 May 2026 (6:41 PM)

The Supreme Court has ordered that a fundamental rights petition seeking the recovery of Rs. 15.9 billion in losses allegedly incurred by the government due to the reduction of taxes on imported sugar during the administration of former President Gotabaya Rajapaksa be taken up on June 27. MORE..

18 May 2026 (3:47 PM)

Although Sri Lanka had initially expected an economic growth rate of around 5% for 2026, recent changes in global economic conditions after March have made it difficult to provide an accurate forecast, the Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe has said. MORE..

18 May 2026 (5:50 PM)

India may be the world s most populous country, with 1.42 billion people and challenges like high youth unemployment, but powerful allies of Prime Minister Narendra Modi are championing larger families to counter a declining fertility rate. MORE..

18 May 2026 (4:29 PM)

The Ministry of Transport, Highways and Urban Development has announced that 104 new metro buses are scheduled to be imported in August to improve the efficiency of the country s public transportation system. MORE..

18 May 2026 (7:38 PM)