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Singapore s X-Press Feeders has hit back at the Sri Lankan Supreme Court s order to pay $1bn within a year over the 2021 X-Press Pearl casualty, warning the decision tramples on due process, scapegoats its crew, and poses a dangerous precedent for global shipping. MORE..

15 Aug 2025 (6:26 PM)

The All Share Price Index (ASPI) of the Colombo Stock Exchange closed above 20,000 points for the first time today, marking a significant milestone in the capital market s history. MORE..

15 Aug 2025 (4:57 PM)

U.S. President Donald Trump and Russian President Vladimir Putin emerged from a nearly three-hour meeting on the Ukraine war and gave public statements, but left without announcing any agreement or ceasefire. MORE..

16 Aug 2025 (7:08 AM)

It was revealed today (15) that the temperature and humidity-controlled agricultural storage complex in Dambulla, which was recently inaugurated by Indian Prime Minister Narendra Modi, had received an electricity bill of Rs. 8,409,000 even before the commencement of its operations. MORE..

15 Aug 2025 (4:54 PM)

Donald Trump headed to Alaska on Friday for what he called a "high stakes" summit with Russia s Vladimir Putin to discuss a ceasefire deal for Ukraine to help end the deadliest war in Europe since World War Two. MORE..

15 Aug 2025 (10:34 PM)

The U.S. Embassy in Sri Lanka has announced the visit of the Independence-variant littoral combat ship USS Santa Barbara (LCS 32) to the Port of Colombo tomorrow (August 16). MORE..

15 Aug 2025 (2:20 PM)