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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)

A review on the implementation of the 2025 budget allocations for the Ministry of Youth Affairs and Sports, together with preliminary discussions on the 2026 budget proposals, was held this morning (15) at the Presidential Secretariat under the patronage of President Anura Kumara Dissanayake. MORE..

15 Aug 2025 (8:32 PM)

Former State Minister Lohan Ratwatte has passed away at the age of 57. MORE..

15 Aug 2025 (1:39 PM)

Chinese involvement in Sri Lanka s gemstone industry is causing significant revenue losses to the island nation s crisis-ridden economy and impacting local businesses, according to an article in The Financial Post. MORE..

15 Aug 2025 (8:23 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)

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)