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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)

The Court of Appeal was informed today (16) that vehicles detained for being imported from countries other than their country of manufacture, under letters of credit opened in Sri Lanka, may be released subject to specified conditions. MORE..

16 Oct 2025 (4:24 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)

Nilu Dilhara Wijedasa, the former Executive Director of the State Engineering Corporation of Sri Lanka (SECSL), has been arrested on bribery allegations. MORE..

16 Oct 2025 (1:59 PM)

Sri Lanka s economic performance has improved following the debt restructuring process, the International Monetary Fund (IMF) has stated. MORE..

16 Oct 2025 (2:53 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)