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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)

Nilu Dilhara Wijedasa, the former Executive Director of the State Engineering Corporation of Sri Lanka (SECSL), has been arrested on bribery allegations. MORE..

16 Oct 2025 (1:59 PM)

The Colombo Magistrate s Court has ordered the release on bail of Nilu Dilhara Wijedasa, former Director of the State Engineering Corporation of Sri Lanka (SECSL). MORE..

16 Oct 2025 (3:29 PM)

Officials of the Ministry of Transport, Highways, Ports, and Civil Aviation informed the Ministerial Consultative Committee that currently, more than 300,000 driver s licenses are pending issuance, and arrangements have been made to print and distribute them within the next three months. MORE..

16 Oct 2025 (5:46 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)

Sri Lanka s economic performance has improved following the debt restructuring process, the International Monetary Fund (IMF) has stated. MORE..

16 Oct 2025 (2:53 PM)