SriLankan Airlines improved its underlying operating performance in 2024/25, but engine shortages, 487 flight cancellations, falling passenger revenue and LKR 31.6 billion in finance costs pushed the Group into a LKR 2.74
Dr. Mahinda Parakrama Dissanayake has been appointed as the Chairman of the Sri Lanka Ports Authority (SLPA), marking his third time leading the country’s premier port institution. A respected figure in Sri
MoreFormer US President Barack Obama has said he believes aliens are “real,” while firmly rejecting long-running conspiracy theories that the United States is hiding extraterrestrial evidence at the highly secretive Area 51
MoreA major investigation has been launched after nearly 13,000 licensed firearms issued for the protection of crops and private property were reported missing across Sri Lanka, triggering fears that some of the
MoreFor decades, the race to space was defined by national rivalry. Today, it is increasingly shaped by two of the world’s richest men. The intensifying competition between Elon Musk and Jeff Bezos
MoreOn an island where revenge killings and criminal rivalries have long shaped daily life, François-Xavier Bustillo knows that speaking out can carry a deadly price. Yet the Catholic prelate, appointed bishop of
MoreThe Bar Association of Sri Lanka has announced a complete withdrawal from court proceedings across Sri Lanka on February 16, following the fatal shooting of a lawyer and his wife in the
MoreThe Ceylon Electricity Board has incurred a direct financial loss exceeding Rs. 2,796 million after burning substandard coal that failed to comply with the technical design requirements of its power plants, according
MoreLloyds Banking Group has launched an internal investigation into its use of employee banking data during recent pay negotiations, after criticism from staff representatives and questions from regulators sparked a wider debate
MoreMalaysia has taken a decisive stand against becoming a destination for the world’s discarded electronics, announcing an immediate ban on e-waste imports as officials confront the immense challenge of policing millions of
MoreChina has widened regulatory oversight of its largest lenders, adding another institution to its roster of domestically systemically important banks in a move designed to insulate the financial system from mounting risks
MoreA recent ruling has drawn a clear boundary between insolvency law and routine commercial disputes, after India’s appellate tribunal rejected an attempt by Bollywood star Akshay Kumar to invoke bankruptcy proceedings against
MoreWhen Beijing announced an investigation into one of its most senior military figures, it sent shockwaves through diplomatic and academic circles. The inquiry into Zhang Youxia, long considered a trusted ally of
MoreConcerns over the powerful role of social media in shaping children’s understanding of gender identity have moved to the centre of public debate in Britain, following stark warnings from Baroness Cass, the
MoreU.S. President Donald Trump announced that member states of a newly formed international body will pledge more than $5 billion for reconstruction and humanitarian assistance in Gaza, marking one of the largest
MoreWhen Luiz Inacio Lula da Silva learned that a samba school in Rio de Janeiro would dedicate its carnival parade to his life story—from factory worker to head of state—he reportedly wept
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