Gas price hike : Prices of food items increased
The All Island Canteen and Restaurant Owners’ Association has announced an increase in the prices of food items from midnight today (11). As such, the price of plain tea will be increased by Rs. 5, milk tea by Rs. 10,…
Harsha urges Govt to use Treasury surplus to cushion fuel price shock
Opposition MP Dr. Harsha de Silva says that with surplus funds currently available in the Treasury, the government should avoid immediately hiking fuel prices in response to sudden global shocks. Speaking during a televised interview, he argued that instead of…
Iran says bodies of sailors from IRIS Dena will be repatriated
Iran says the bodies of dozens of sailors killed when the US attacked and sank its frigate ‘IRIS Dena’ off the coast of Sri Lanka will soon be returned to the country. According to international media, Al Jazeera, in a…
Strait of Hormuz disruptions: Implications for global trade and development
The Strait of Hormuz is one of the world’s most critical maritime chokepoints, carrying around a quarter of global seaborne oil trade and significant volumes of liquefied natural gas and fertilizers. According to the United Nations’ Rapid Impact Analysis, the…
Cabinet approves Rs. 2.19B Oracle system for Sri Lanka Customs
The Cabinet of Ministers has granted approval to procure the Oracle Exadata X11M system and related software licenses for Sri Lanka Customs, following a decision taken at the Cabinet meeting held on August 21, 2024. In line with the national…
YouTube gives Political Figures and Journalists access to AI Deepfake detection tool
In a significant move given the obvious global events, and with the midterm elections approaching, YouTube is expanding its likeness detection tool to political and civic leaders, as well as journalists, in a bid to curb AI-generated content that may…
Deputy Minister visits China-funded housing project in Maharagama
Deputy Minister of Urban Development, Eranga Gunasekara, on Monday (09) inspected the ongoing construction of the new housing complex in Maharagama, which is being built under Chinese Government financial assistance to address housing issues faced by urban residents in Colombo….
BASL President Rajeev Amarasuriya addresses Indian Supreme Court
President of the Bar Association of Sri Lanka (BASL), Rajeev Amarasuriya, addressed the Supreme Court of India on Tuesday (10), marking a momentous occasion in contemporary history that members of the Sri Lankan Bar have formally appeared before India’s apex…
Evening showers expected in some parts of Sri Lanka today
Showers are expected in some parts of Sri Lanka today, while mainly dry weather will prevail elsewhere over the island, according to the Department of Meteorology. A few showers are likely in the Northern and Eastern provinces. Showers may occur…
Cabraal rejects claims he settled Rs. 1.84B Greek Bond case
Former Central Bank Governor Ajith Nivard Cabraal has rejected social media claims that he paid Rs. 1.84 billion in connection with the Greek bond case. Cabraal had earlier stated that he did not agree to the condition requiring him to…