Oil Prices Surge Over 2% as Israel Escalates Lebanon Military Operations
Global oil markets react sharply to renewed Middle East tensions. Israeli troops advance deeper into Lebanon despite ceasefire agreement.
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Economy
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No revision of bus fares despite diesel price hike – NTC
NTC confirms bus fares will remain unchanged despite recent diesel price increase. Commuters to benefit from fare stability.
Japan Grants US$1.33M to Restore Eastern Province Fisheries
Japan provides US$1.33 million to revive livelihoods of inland fishermen in Sri Lanka's Eastern Province affected by Cyclone Ditwah.
Electricity supply disrupted across Sri Lanka due to grid imbalance
Power outages hit Colombo and other regions following unexpected system imbalance. Energy Minister confirms technical issue under investigation.
Power Outages Hit Colombo and Several Regions Due to Grid Imbalance
Electricity supply disrupted across multiple areas including Colombo following unexpected system imbalance. Minister promises swift restoration.
Power Outages Hit Colombo and Surrounding Areas Due to Grid Imbalance
Electricity supply disrupted across multiple regions including Colombo. Minister attributes cuts to unexpected system imbalance in national grid.
US Dollar Selling Rate Surpasses Rs. 334 in Sri Lanka
The US dollar selling rate has crossed Rs. 334, signalling fresh pressure on Sri Lanka's exchange rate and raising concerns about inflation.
Oil Rebounds Past $90 as US Strikes Iranian Military Site
U.S. crude futures climbed above $90 a barrel following American military strikes on Iran. Markets rattled despite ongoing peace negotiations.
US Dollar Selling Rate Surpasses Rs. 330 Against Sri Lankan Rupee
The US dollar's selling rate has crossed the Rs. 330 threshold against the rupee. Central Bank data confirms the milestone amid economic pressures.
Central Bank Raises Policy Rate to 8.75% in Monetary Tightening Move
CBSL increases Overnight Policy Rate by 100 basis points. Move signals firm stance on inflation management.
Central Bank of Sri Lanka Raises Policy Rate by 100 Basis Points
The CBSL has increased the Overnight Policy Rate to 8.75%. The move signals a shift in monetary policy amid evolving economic conditions.
DIMO Announces 32nd MercedesTrophy Sri Lanka 2026
DIMO launches the 32nd MercedesTrophy Sri Lanka 2026. The tournament celebrates 140 years of Mercedes-Benz innovation.