The U.S. International Development Finance Corporation (DFC) on Wednesday (8) announced it has committed more than half a billion dollars to support the development of a deep-water shipping container terminal in the Port of Colombo, Sri Lanka, that will provide critical infrastructure for the South Asian region.

Sri Lanka’s leading blue chip Company John Keells Holdings has entered into an agreement with an international gaming operator recently to run a casino in the Cinnamon Life integrated resort in accordance with a plan initiated in 2014.

According to finance ministry data, Sri Lankan Airlines' present fleet consists of 24 aircraft. These are split evenly between single-aisle and twin-aisle designs, with 12 widebody and 12 narrow-bodied jets at its disposal. In terms of SriLankan Airlines' widebodies, the one-worlder carrier is a fan of the A330, flying two variants.

The Government is to promulgate a state owned enterprises (SOEs) Act in the coming months to accord legislative authority and operational effect to the SOE reform policy, Finance Ministry’s fiscal policy report outlined.

A grenade given as a birthday present has blown up and killed a close aide of the head of Ukraine's armed forces Valery Zaluzhny.

Whilst State Minister of Finance Ranjith Siyambalapitiya claimed that a sum of Rs 6,721 million is to be collected from five liquor manufacturing companies which have defaulted taxes,

Sri Lanka has been identified as a soft target for cybercriminals, and according to the 21st edition of Microsoft's Security Intelligence Report, cryptocurrency mining malware,

In the wake of restructuring Sri Lanka power utility the Ceylon Electricity Board (CEB) is set to record profits exceeding Rs. 70 billion for the last quarter of 2023.

The Supreme Court has observed that some sections of the Online Safety Bill is inconsistent with the Constitution and the bill has to be approved by a special majority.

State Minister of Finance Ranjith Siyambalapitiya announced that measures are underway to establish a separate regulatory authority dedicated to overseeing microfinance institutions.

The U.S. International Development Finance Corporation (DFC) Chief Executive Officer (CEO) Scott Nathan will visit Colombo from November 7-8, 2023, the U.S. Embassy in Colombo said.

Chilean authorities are investigating the cause of a fire at a migrant settlement in the southern city of Coronel that killed 14 Venezuelans.

A senior Hamas leader has refused to acknowledge that his group killed civilians in Israel, claiming only conscripts were targeted.

The Supreme Court has dismissed the petitions filed against the Anti-Terrorism Bill.

Parliament (Daily Mirror) - A stock of 40,000 MTs of substandard diesel is being released to the market despite quality failures, Opposition Leader Sajith Premadasa revealed today.

Plaintiff Hamilton Reserve Bank Ltd., (HRB) has recently filed a ‘Memorandum of Law in Response to the Statement of Interest and AMICUS Brief’ opposing the cross-motion to stay the defendant Government of Sri Lanka requested from US District Court, Southern District of New York.

The price of Muriate of Potash (MoP) fertilizer is to be reduced by another 50 percent, Agriculture and Plantation Industries Minister Mahinda Amaraweera said.

Ukraine's military chiefs are facing growing criticism over a recent Russian missile strike that is believed to have caused heavy Ukrainian casualties.

A Cabinet paper has been submitted to reduce the price of Muriate of Potash (MoP) fertilizer by another 50 percent, Agriculture and Plantation Industries Minister Mahinda Amaraweera said.

Swiss leisure airline, Edelweiss Air resumed operations to Sri Lanka ahead of the winter holidays at the Bandaranaike International Airport (BIA), Katunayake yesterday.