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The government yesterday reiterated that Sri Lanka did not make a diplomatic level invitation for Iranian vessel ‘IRIS Dena’ to visit Sri Lanka other than a cordial and oral invitation made by Navy Commander at an event in India. Cabinet Spokesman and Minister Nalinda
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Gold prices in Sri Lanka have declined this week, reflecting falls in international markets. The drop comes after a period of historically high gold prices earlier this year, driven by geopolitical tensions, rising inflation, and global economic pressures.
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While appreciating Iran’s offer to provide Sri Lanka with oil and other necessary goods, Cabinet Spokesman Minister Nalinda Jayatissa said yesterday that country’s that own vessels can benefit from such opportunities and that Sri Lanka is not having such an ability.
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In the midst of war raging in the Middle East, Ambassador of Saudi Arabia to Sri Lanka, Khalid Hamoud Nasser Aldasam Alkahtani, in an exclusive interview with Daily Mirror, shares his country’s perspectives on the latest developments. Excerpts:
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President Anura Kumara Dissanayake said in Parliament recently that Iran made a request from Sri Lanka on February 26, 2026, for three Iranian naval ships to visit Sri Lanka on 9 and 13 March as part of a goodwill visit aimed at strengthening cooperation.
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Information has been received from some districts that consumers have doubled the amount of fuel they usually purchase and some filling stations have doubled the amount they sell daily, Minister of Transport Bimal Rathnayake told Parliament yesterday.
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The Commission to Investigate Allegations of Bribery or Corruption told the Colombo Chief Magistrate’s Court today that former SriLankan Airlines CEO Kapila Chandrasena, while giving a statement, declared that he had given a sum of 60 million obtained as a bribe to then President Mahinda Rajapaksa in connection with the problematic 2016 Airbus deal.
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Lawyers for former SriLankan Airlines CEO Kapila Chandrasena have submitted an affidavit to the Colombo Magistrate’s Court, alleging that his earlier statement to the Commission to Investigate Allegations of Bribery or Corruption was obtained under coercion and intimidation.
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While long queues are still witnessed in most parts of the country, Ceylon Petroleum Corporation (CPC) sources yesterday said that while all fuel shipments ordered for April have been confirmed, Sri Lanka is facing a severe shortage of storage facilities to store the fuel and may not be able to place any further orders.
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A fresh electricity tariff hike proposal has sparked controversy after the Public Utilities Commission of Sri Lanka (PUCSL) revealed that the Ceylon Electricity Board (CEB) has requested a 13.56% increase in power tariffs for the second quarter of 2026, despite unresolved fuel agreements, disputed cost estimates, and billions in past debts now set to be passed on to consumers.