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Global crude oil prices extended their decline on Thursday after the United States and Iran signed an interim peace agreement, easing concerns over oil supply disruptions in the Middle East and raising expectations of increased global crude exports.
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All decisions relating to education should be guided by the principle of providing the best possible opportunities for children, stressing that the government is making a significant sacrifice to ensure quality education, Prime Minister Dr. Harini Amarasuriya said.
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U.S. President Donald Trump on Wednesday told a roomful of global leaders ’’I’m the boss’’, as he and other G7 heads acknowledged Ukraine’s improved battlefield fortunes with a unified pledge of support and fresh sanctions against Russia.
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The Sri Lanka Association of Inbound Tour Operators (SLAITO) is urging the government to offer incentives for direct European charters to attract high-yielding affluent travellers and defend the core tourism revenue.
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The U.S. and Iran released the text of an interim agreement to end their war on Wednesday, with U.S. President Donald Trump threatening to resume attacks and kill Iranian officials if they failed to honour their commitments.
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Deputy Minister of Finance and Planning Anil Jayantha Fernando said that Sri Lanka’s daily foreign exchange outflow for vehicle imports has fallen to below USD 4 million following the introduction of a temporary surcharge on Customs Import Duties for vehicles.
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Pharmaceutical prices are expected to rise after the government indicated its willingness to address concerns raised by Indian suppliers regarding the non-renewal of import licenses and the National Medicines Regulatory Authority (NMRA)’s insistence on lowering prices.
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The capital market regulator, the Securities and Exchange Commission (SEC), is positioning equity and debt markets to play a larger role in financing economic growth, noting that the corporates will increasingly need to look beyond the traditional bank borrowing as the regulatory changes tighten the lending concentration limits and funding needs expand.
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A growing sedentary lifestyle among young people is increasingly being linked to a higher risk of Deep Vein Thrombosis (DVT), a condition medical experts describe as a “silent killer” due to its sudden and often undetected onset.
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The Colombo Stock Exchange ended Wednesday’s session on a mixed note, as early buying momentum faded amid profit-taking activity. The market opened positively, with the ASPI climbing to an intraday high of 93 points during early trading, reflecting improved investor sentiment and increased market volatility.
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The three-month grace period granted for the implementation of mandatory seat belt regulations will end on June 19, after which legal action will be taken against motorists and passengers who fail to comply, the Transport, Highways and Urban Development Ministry said.
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Deputy Minister of Finance and Planning Dr. Anil Jayantha Fernando said the government is currently unable to reduce domestic fuel prices despite the decline in global fuel prices, as Sri Lanka is still using fuel stocks purchased at higher prices.
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A petition seeking urgent action to prevent the electrocution and illegal killing of elephants was taken up before the Court of Appeal today, with the court fixing a date for the hearing and directing the respondent state institutions to file their objections.
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US President Donald Trump shared a light-hearted moment with UAE President Sheikh Mohammed bin Zayed Al Nahyan during the G7 Summit in France, drawing laughter with remarks about the Emirati leader’s soft-spoken style.
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Deputy Minister of Finance and Planning Dr. Anil Jayantha Fernando yesterday expressed confidence that Sri Lanka’s economy remains on course to achieve its medium-term growth targets, citing the country’s 5.1% economic growth in the first quarter of 2026 as a positive indicator.
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The Colombo Magistrate’s Court today (17) granted bail to Yoshitha Rajapaksa, hours after he was arrested by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) in connection with an ongoing investigation into his recruitment to the Sri Lanka Navy.
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The writ petition filed by former President Gotabaya Rajapaksa seeking an order preventing his arrest in connection with the ongoing investigations into the 2019 Easter Sunday terror attacks was today fixed for tomorrow by the Court of Appeal.
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The Board of Control for Cricket in India (BCCI) has sent a clear and calm message to India A players, including teenage sensation Vaibhav Sooryavanshi, following an on-field altercation during the ongoing tri-series in Sri Lanka.