Oil jumps as Trump warns Iran and Hormuz stays mostly shut

Western Province Governor Hanif Yusoof said today (May 17) that he had earlier informed Sri Lankan President Anura Kumara Dissanayake of his wish to resign.

People’s Bank says an exchange rate application error in one currency within a specific remittance system led to some customers receiving excess amounts between May 2023 and March 2026, with the estimated financial impact amounting to around Rs. 656 million.

The IMF said it expects its Executive Board to take up Sri Lanka’s combined Fifth and Sixth Reviews under the Extended Fund Facility (EFF) in the coming weeks, and that approval would allow Sri Lanka to access about US$700 million in financing.

SriLankan Airlines says investigations are underway into an AED 974,000 payment fraud in the UAE and an alleged INR 22 million misappropriation at its Chennai office in India.

The Ministry of Finance, Planning and Economic Development of Sri Lanka has decided to impose a 50% surcharge on customs import duties applicable to vehicles imported into the country.

Sri Lanka has managed the ongoing energy crisis without fuel queues or power cuts by bearing the costs without burdening the public but the crisis is not yet over, Prime Minister Dr. Harini Amarasuriya said.

A slow train travelling from Polgahawela to South Kalutara derailed between Kelaniya and Wanawasala early today (May 16), leaving 10 passengers with minor injuries and disrupting train operations on the main railway line.

Marking a significant milestone in Sri Lanka’s digital economy, the official announcement on the expansion of PayPal services in Sri Lanka was made today (May 15) at the Galle Face Hotel in Colombo, under the patronage of Prime Minister Dr. Harini Amarasuriya.

A strong internal audit mechanism is essential for the wellbeing of State-Owned Enterprises, Chairman of the Committee on Public Enterprises (COPE) Dr. Nishantha Samaraweera said.

Former Arachchikattuwa Pradeshiya Sabha Chairman Jagath Samantha was sentenced to five and a half years in prison today (May 15) after being found guilty over the assault on the Arachchikattuwa Divisional Secretary.

Several new bus stops have been added to the Lanka Metro Transit bus services operating on the Makumbura to Colombo Fort and Makumbura to Kadawatha routes with effect from today (May 15).

The Sri Lankan Rupee (LKR) traded weaker against the US Dollar (USD) today (May 15), according to the latest exchange rates released by the Central Bank of Sri Lanka (CBSL).

Sri Lanka Customs has surpassed 1.1 trillion rupees in revenue this year, with total collections reaching 1.18 trillion rupees, while April recorded the highest monthly income so far at 236.5 billion rupees.

The Colombo Crimes Division (CCD) informed the Fort Magistrate’s Court today (May 14) that no data had been stored in the security camera system at the house belonging to former cricketer Aravinda de Silva, where former SriLankan Airlines CEO Kapila Chandrasena was found dead under suspicious circumstances.

The Ambassador of the United Arab Emirates (UAE) to Sri Lanka, Khaled Nasser AlAmeri, met with Sri Lanka’s Minister of Trade, Commerce, Food Security and Cooperative Development, Wasantha Samarasinghe, at the Ministry of Trade on May 13, 2026, to discuss strengthening trade and economic cooperation between the two countries.