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The Leader of the Opposition, Sajith Premadasa has warned that Sri Lanka could face a renewed risk of bankruptcy and called on the present government to immediately pursue a successor agreement with the International Monetary Fund (IMF), cautioning against what he described as �arrogance� in economic decision-making. MORE..

24 May 2026 (5:03 PM)

President Donald Trump said the United States will not �rush into a deal� with Iran, adding that the American blockade of Iranian ports will remain in �full force and effect� until an agreement is reached. MORE..

24 May 2026 (9:56 PM)

A liquefied natural gas tanker was exiting the Strait of Hormuz and heading to Pakistan on Monday while a supertanker with Iraqi crude for China left the Middle East Gulf on Saturday after being stranded for nearly three months, shipping data showed. MORE..

25 May 2026 (8:25 AM)

A US agreement with Iran is not expected to be signed today, a senior administration official tells CNN. According to the official, details of the agreement are still being negotiated. MORE..

25 May 2026 (12:15 AM)

Southwest Monsoon is gradually establishing across the island, an increase in rainfall over the southwestern parts of the island is expected during the next few days, according to the Department of Meteorology. MORE..

25 May 2026 (7:50 AM)

The Governing Board of the Central Bank of Sri Lanka (CBSL) has tightened the maximum Loan-to-Value (LTV) ratios applicable to credit facilities granted for motor vehicles while also introducing a maximum LTV ratio for credit facilities secured by gold with effect from tomorrow (25). MORE..

24 May 2026 (11:07 PM)