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The two-week-old federal government shutdown may cost the U.S. economy as much as $15 billion a week in lost output, a Treasury official said late on Wednesday, correcting an earlier statement from Treasury Secretary Scott Bessent that put the cost at up to $15 billion per day. MORE..

16 Oct 2025 (12:19 PM)

Sri Lanka Customs says it has recorded its highest one-day revenue of Rs. 2,470 million yesterday (October 15). MORE..

16 Oct 2025 (8:00 PM)

Madagascar s new military ruler, Colonel Michael Randrianirina, said he will be sworn in as president on Friday and was open to talks with the African Union, after it suspended the country s membership following a coup to oust President Andry Rajoelina. MORE..

16 Oct 2025 (6:18 PM)

Sri Lanka s tax policies played a driving role in the country s devastating 2022 economic crisis and have contributed to the chronic underfunding of education and other public services, Human Rights Watch said in a report released recently. MORE..

16 Oct 2025 (1:29 PM)

The Colombo Magistrate s Court has ordered the release on bail of Nilu Dilhara Wijedasa, former Director of the State Engineering Corporation of Sri Lanka (SECSL). MORE..

16 Oct 2025 (3:29 PM)

Over 500 individuals have been arrested by Police yesterday during island-wide crime and drug prevention operations aimed at apprehending suspects involved in various criminal activities. MORE..

16 Oct 2025 (1:38 PM)