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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)

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)

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)

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)

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 price of gold in Sri Lanka has risen significantly following the continuous increase in global gold prices. MORE..

16 Oct 2025 (3:12 PM)