Saudi Arabia has temporarily shut its 1,200-kilometre East-West oil pipeline after a drone attack damaged the vital crude conduit, adding to mounting disruptions to energy flows across the Middle East as the
In a landmark decision that underscores the judiciary’s role in upholding the Constitution, the Supreme Court of Sri Lanka has delivered a significant verdict on the Public Finance Management Bill, striking down
More
On June 7, Samsung workers in South Korea embarked on their first-ever strike, organized by the Nationwide Samsung Electronics Union (NSEU). This historic event involved approximately 28,000 union members, representing about one-fifth
More
At the Treasury we are aware that the country is in a difficult place. But that difficulty is not visible on the surface. Fuel is available, electricity is available and public and
More
On June 26, the U.S. Embassy in Colombo, in partnership with the Sri Lanka Department of Import and Export Control, launched the first Sri Lanka Strategic Trade Forum. This event brought together
More
Indonesia, one of the world’s leading producers and exporters of durian, aims to increase the value of its durian farming across the archipelago, particularly for the Chinese market. To achieve this, the
More
Colombo, Sri Lanka – In a message today, Minister of Foreign Affairs M U M Ali Sabry extended profound gratitude to Sri Lanka’s international partners for their unwavering support during the nation’s
More
Today, the International Maritime Organization (IMO) celebrates the International Day of the Seafarer, highlighting the vital role of seafarers in maintaining global supply chains and the importance of ensuring their safety. IMO
More
Colombo, June 23, 2024 — The Sri Lanka Public Utilities Commission (PUCSL) has refused to grant approval for the procurement of the 484 MW Mannar and Punarin wind farms to India’s Adani
More
Century-old Japanese financial institution Norinchukin Bank has announced plans to sell approximately 10 trillion yen (about 63 billion U.S. dollars) in overseas bonds, primarily U.S. and European government bonds, by the end
More
In early June, a rumour began to circulate – which was widely reported in the Indian press as true – that the government of Saudi Arabia had allowed its petrodollar agreement with the United States to
More