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The Ministry of Finance, Planning and Economic Development of Sri Lanka has officially announced the implementation of a temporary 50% surcharge on applicable Customs Import Duty for specified imported goods. MORE..

16 May 2026 (11:55 AM)

Deputy Minister of Finance and Planning Dr. Anil Jayantha Fernando has issued a special clarification regarding the recently imposed 50% surcharge on vehicle imports. MORE..

16 May 2026 (3:20 PM)

Oil prices gained more than 3% on Friday, after comments by U.S. President Donald Trump and Iran s foreign minister further dented hopes of a deal to end ship attacks and seizures around the Strait of Hormuz. MORE..

16 May 2026 (8:59 AM)

A suspect has been arrested on suspicion of removing bolts from the railway track at the location where a train derailment occurred earlier today (16). MORE..

16 May 2026 (2:06 PM)

The Colombo Crimes Division (CCD) has obtained a 90-day detention order to further interrogate Ousmand Gunasekera, also known as �Gampaha Ousmand,� who was arrested on allegations of aiding and abetting the killing of underworld figure �Ganemulla Sanjeewa,� police said. MORE..

16 May 2026 (5:32 PM)

Israel and Lebanon agreed to a 45-day extension of a ceasefire that has tamped down the conflict between Israel and Iran-backed Hezbollah in southern Lebanon, as two days of talks facilitated by Washington concluded on Friday with an agreement to hold further meetings in the coming weeks. MORE..

16 May 2026 (8:33 AM)