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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)

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)

At least eight people were killed and 25 others injured after a train collision triggered a fire that engulfed a public bus in Bangkok on Saturday, rescue officials and police said. MORE..

16 May 2026 (6:03 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)

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)

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)