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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)

Sri Lanka s tax policies played a driving role in the country s devastating 2022 economic crisis and have contributed to the chronic underfunding of education and other public services, Human Rights Watch said in a report released recently. MORE..

16 Oct 2025 (1:29 PM)

The price of gold in Sri Lanka has risen significantly following the continuous increase in global gold prices. MORE..

16 Oct 2025 (3:12 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)

The narcotics haul recovered by the Sri Lanka Navy while floating in the sea off the southern coast has been presented before the Colombo Magistrate s Court. MORE..

16 Oct 2025 (7:24 PM)

Three police teams are currently interrogating six suspects, including Ishara Sewwandi , the fugitive female suspect wanted in connection with the murder of underworld figure Sanjeewa Kumara Samararatne alias Ganemulla Sanjeewa. MORE..

16 Oct 2025 (3:40 PM)