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The Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva says the economic fallout from the war with Iran would take at least three to four months to ease, even if the fighting were to stop immediately. MORE..

5 May 2026 (11:52 PM)

The National Fertilizer Secretariat has issued a clarification rejecting claims made by a representative of the National Farmers Collective that the government has procured fertilizer at excessively high prices. MORE..

5 May 2026 (8:53 PM)

Due to the influence of the Intertropical Convergence Zone (ITCZ), and the development of a low-level atmospheric disturbance in the vicinity of the island, an increase in rainfall is expected across the island from today (06) and over the next few days, the Department of Meteorology stated. MORE..

6 May 2026 (7:35 AM)

Sri Lanka and the Maldives reaffirmed their long-standing friendship and commitment to deeper economic cooperation at the Maldives�Sri Lanka Business Forum in Colombo, with leaders from both countries highlighting shared resilience, mutual support and growing opportunities for partnership. MORE..

5 May 2026 (9:14 PM)

US President Donald Trump said on Tuesday (May 5) that the US operation to reopen the Strait of Hormuz, dubbed �Project Freedom�, will be paused for a short period to see whether an agreement with Iran can be finalised and signed, although a blockade on Iranian ports will remain in force. MORE..

6 May 2026 (6:54 AM)

Oil prices fell for a second day on Wednesday on expectations bottled up supply from the key Middle East producing region could resume flowing after U.S. President Donald Trump indicated a possible peace deal may be reached to end the war with Iran. MORE..

6 May 2026 (8:01 AM)