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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)

Two Sri Lankan passengers have been arrested at Bandaranaike International Airport (BIA) with a consignment of Kush narcotics valued at over Rs. 140 million. MORE..

18 May 2026 (2:49 PM)

The Supreme Court has ordered that a fundamental rights petition seeking the recovery of Rs. 15.9 billion in losses allegedly incurred by the government due to the reduction of taxes on imported sugar during the administration of former President Gotabaya Rajapaksa be taken up on June 27. MORE..

18 May 2026 (3:47 PM)

Future policies on vehicle imports should be formulated in a way that allows imports only based on necessity, according to Professor in Economics at the Department of Economics, Priyanga Dunusinghe of the University of Colombo. MORE..

18 May 2026 (5:32 PM)

A writ petition has been filed before the Court of Appeal seeking an order directing the Commissioner General of Excise and others not to grant approval for the use of rice and sugar as primary raw materials in beer production. MORE..

18 May 2026 (7:15 PM)

The selling rate of the US dollar has exceeded Rs. 334, according to the latest daily exchange rates issued by the Central Bank of Sri Lanka today (18). MORE..

18 May 2026 (4:37 PM)