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The depreciation of the Sri Lankan Rupee during this year has been primarily driven by the ongoing crisis in the Middle East and the resulting increase in global oil prices, the Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe has stated. MORE..

18 May 2026 (7:05 PM)

The United States has agreed to suspend sanctions on Iranian oil exports during ongoing negotiations with Iran, the semi-official Tasnim news agency reported on Monday, citing a source familiar with the talks.

18 May 2026 (8:23 PM)

The US government said on Monday India s Adani Enterprises agreed to pay $275 million to settle alleged sanctions violations involving Iran, as the Trump administration moved to resolve several cases involving Indian billionaire Gautam Adani. MORE..

18 May 2026 (10:31 PM)

The bodies of four Italians who drowned during a diving accident in the Maldives have been found but not yet brought to the surface, Italy s foreign ministry and the Maldivan military said on Monday (May 18). MORE..

18 May 2026 (7:48 PM)

Sri Lanka is likely to spend more foreign exchange on vehicle imports in 2026 than initially anticipated, according to the Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe. MORE..

18 May 2026 (11:22 PM)

The Ministry of Transport, Highways and Urban Development has announced that 104 new metro buses are scheduled to be imported in August to improve the efficiency of the country s public transportation system. MORE..

18 May 2026 (7:38 PM)