India Says It Will Continue Buying Russian Oil, Rejects Need for U.S. Permission
India said Saturday that it would continue importing Russian oil after the United States temporarily granted a sanctions waiver that allows for oil shipments currently stranded at sea to be sold to Indian buyers. The waiver, issued Thursday by the…
Former MP Sajin Vass Gunawardena arrested
Former MP Sajin Vass Gunawardena has been arrested by Sri Lanka’s Bribery Commission over allegations of accumulating illegal assets worth Rs. 243.8 million. He was arrested after arriving at the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) this…
HRW accuses Israel of using white phosphorus over homes in Southern Lebanon
Human Rights Watch (HRW) has accused the Israeli military of unlawfully deploying artillery‑fired white phosphorus munitions over residential areas in southern Lebanon, raising grave concerns about civilian safety. In a statement, the rights group said it verified and geolocated images…
Bangladesh shuts universities early to save power amid energy crisis
Bangladesh has closed universities and launched fuel rationing amid a worsening energy crisis linked to the conflict in the Middle East. Authorities shut all public and private universities across the country from Monday, bringing forward the Eid al-Fitr holidays as…
CEB’s new electricity companies formed; Employees raise concerns
Ceylon Electricity Board (CEB) employees have expressed displeasure over the government’s move to abolish the CEB and establish six new companies, which comes into effect today (09). The abolishment follows the restructuring process, under which the long‑standing Ceylon Electricity Board…
Oil soars 25%, gold drops as Iran war jolts global commodity markets
Oil prices surged around 25% on Monday to their highest since mid-2022, with Brent on track for a record one-day gain, while gold fell 2% as an escalating Iran war squeezed world energy supplies, boosted the dollar and dampened hopes…
CCC hosts SME finance seminar
The Ceylon Chamber of Commerce successfully hosted a seminar and panel discussion titled “Access to Finance for SMEs: Understanding Government Concessional Loan Facilities” in February, which drew over 130 participants. The event underscored the strong interest among small and medium…
Microfinance law sparks criticism from activists
The passage of the Microfinance and Credit Regulatory Authority Bill in Parliament on 4 March has sparked sharp criticism from grassroots organisations and activists. While the government hails the new law as a step toward licensing and supervising Sri Lanka’s…
Litro Gas assures uninterrupted LPG supply with monthly shipments
Litro Gas Lanka Limited says it continues monthly imports to ensure an uninterrupted supply for over 4 million domestic users in Sri Lanka, emphasizing its commitment to meeting consumer demand without disruption. In a statement, the company said it sources…
St. Joseph Hospital Expansion to Boost Advanced Surgical Care in Negombo
A new chapter in healthcare development in Negombo began as St. Joseph Hospital officially broke ground on a state of the art Operating Theatre Complex, a project expected to strengthen surgical services in the region and contribute to the advancement…