Sri Lanka provides medical help and repatriates 40 Iranian sailors stranded in the Indian Ocean
COLOMBO, Sri Lanka (AP) — Sri Lanka has responded to a distress call and provided medical help to 40 IranianContinue Reading
Category: Business Briefing
Sri Lanka’s Colombo port to develop new logistics hub under PPP model after Chinese firm’s exit
Colombo, Oct 19 (PTI) Sri Lanka’s Ports Authority on Monday decided to develop a new logistics hub at the PortContinue Reading
Qatar’s revenues drop 42 pct over war, ruler says
(AFP)-Qatar’s revenues fell 42 percent in the first half of 2026, its emir says, as gas infrastructure and exports tookContinue Reading
Sri Lanka economy resilient but risks remain tilted to downside, IMF says
Sept 23 (Reuters) – The International Monetary Fund said on Wednesday that Sri Lanka’s economy continues to show resilience amidContinue Reading
U.S stocks fall on talk of slowing A.I development
Wall Street stocks fell early Monday as a call from leading artificial intelligence executives to slow the technology weighed onContinue Reading
Saudi Arabia tightens anti-crime oversight on UAE bound bank transfers
Saudi Arabia has reportedly imposed tighter anti-money-laundering and financial-crime checks on bank transfers to the UAE, causing some payments toContinue Reading
Sri Lanka jolts markets with outsized 100-b.p rate hike to counter Gulf crisis
COLOMBO, May 26 (Reuters) – Sri Lanka’s central bank stunned markets by raising its benchmark policy rate by an outsizedContinue Reading
Middle East conflict hits Sri Lanka’s tea industry, heightens economic strain
COLOMBO, May 21 (Reuters) – Tea factory worker Jacintha Malar once relied on cooking gas to prepare meals for herContinue Reading
India scrambles to steady rupee as oil shock bites
(AFP)-India is scrambling to salvage a sinking rupee as surging oil prices linked to the Middle East conflict threaten toContinue Reading
Authorities search waters in the Maldives for bodies of Italians who died in cave dive accident
MALE, Maldives (AP) — Maldivian authorities conducted a high-risk search Friday for the bodies of four Italian divers who diedContinue Reading
