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Oil prices gained more than 3% on Friday, after comments by U.S. President Donald Trump and Iran s foreign minister further dented hopes of a deal to end ship attacks and seizures around the Strait of Hormuz. MORE..

16 May 2026 (8:59 AM)

Prime Minister Dr. Harini Amarasuriya has stated that the government has managed the energy crisis in a way that does not cause hardship to the public, unlike in some other countries, by bearing the associated costs without placing a burden on the people and by implementing a sustainable management process. MORE..

15 May 2026 (8:37 PM)

Marking a significant milestone in the digital economy, the official announcement on the expansion of PayPal services in Sri Lanka was made this morning (16) at the Galle Face Hotel under the patronage of Prime Minister Dr Harini Amarasuriya. MORE..

15 May 2026 (6:14 PM)

U.S. President Donald Trump said his patience with Iran was running out and that Chinese President Xi Jinping had agreed during their talks in Beijing that Tehran must reopen the Strait of Hormuz. MORE..

15 May 2026 (7:44 PM)

Israel and Lebanon agreed to a 45-day extension of a ceasefire that has tamped down the conflict between Israel and Iran-backed Hezbollah in southern Lebanon, as two days of talks facilitated by Washington concluded on Friday with an agreement to hold further meetings in the coming weeks. MORE..

16 May 2026 (8:33 AM)

US President Donald Trump has cautioned Taiwan against formally declaring independence from China.MORE..

16 May 2026 (8:21 AM)