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Oil prices hit two-week lows on Monday on optimism that the U.S. and Iran were moving closer towards a peace deal even though they remained at odds over key issues, including blockades on the Strait of Hormuz that continued to restrict oil supply #8288;from the Middle East. MORE..

25 May 2026 (10:48 AM)

Three foreign passengers have been arrested by airport customs officers, at the Bandaranaike International Airport (BIA) earlier today (25) for allegedly attempting to illegally smuggle a stock of foreign-manufactured cigarettes worth more than Rs. 6 million into the country. MORE..

25 May 2026 (9:42 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)

The Central Bank of Sri Lanka (CBSL) has introduced maximum caps on loan-to-value (LTV) applicable for credit facilities secured by gold collateral. MORE..

25 May 2026 (9:41 AM)

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)

President Masoud Pezeshkian on Sunday said that Iran is prepared to reassure the international community that it is not pursuing nuclear weapons, reiterating Tehran s commitment to diplomacy and regional stability amid talks with the US...MORE..

25 May 2026 (7:54 AM)