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Singapore s X-Press Feeders has hit back at the Sri Lankan Supreme Court s order to pay $1bn within a year over the 2021 X-Press Pearl casualty, warning the decision tramples on due process, scapegoats its crew, and poses a dangerous precedent for global shipping. MORE..

15 Aug 2025 (6:26 PM)

Chinese involvement in Sri Lanka s gemstone industry is causing significant revenue losses to the island nation s crisis-ridden economy and impacting local businesses, according to an article in The Financial Post. MORE..

15 Aug 2025 (8:23 PM)

Sri Lanka s economy will grow by 4.5% this year, the central bank said in a monetary policy report on Friday, despite some risks to the island nation s recovery from U.S. tariffs. MORE..

15 Aug 2025 (3:11 PM)

U.S. President Donald Trump and Russian President Vladimir Putin emerged from a nearly three-hour meeting on the Ukraine war and gave public statements, but left without announcing any agreement or ceasefire. MORE..

16 Aug 2025 (7:08 AM)

Minister of Trade, Commerce, Food Security, and Cooperative Development, Wasantha Samarasinghe, claims that certain groups are attempting to artificially create a shortage of Keeri Samba raw rice in the country. MORE..

15 Aug 2025 (1:14 PM)

The All Share Price Index (ASPI) of the Colombo Stock Exchange closed above 20,000 points for the first time today, marking a significant milestone in the capital market s history. MORE..

15 Aug 2025 (4:57 PM)