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The depreciation of the Sri Lankan Rupee during this year has been primarily driven by the ongoing crisis in the Middle East and the resulting increase in global oil prices, the Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe has stated. MORE..

18 May 2026 (7:05 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)

Iran s top security body announced on Monday (May 18) the formation of a new body to manage the Strait of Hormuz, which Tehran has effectively closed and wants to charge ships to traverse. MORE..

18 May 2026 (5:19 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)

Yellow flags should be used instead of Buddhist flags to direct people toward dansal food distribution events in future, the Commissioner of Buddhist Affairs (Development) Asela Madusanka stated. MORE..

18 May 2026 (6:09 PM)

Legal action will be taken against a group, including former Member of Parliament Wimal Weerawansa, over allegations of obstructing activities during a rehearsal held today (18) for the National War Heroes Day Commemoration event. MORE..

18 May 2026 (7:21 PM)