No change to fuel price revision method – Power & Energy Ministry

The Ministry of Power and Energy states that there will be no change in the fuel price revision method, according to the price formula. The price formula is being continued in the same way since the fuel prices should be revised in accordance with the price fluctuations in the world market, said the Ministry. Filling […]

Qatar Fund for Development sends 4.7 tons of urgent medical aid to Sri Lanka

An urgent shipment of medical aid has arrived in Sri Lanka, and which has been provided by the Qatar Fund for Development to support the health sector in the country, QNA reported. Qatar’s ambassador to Sri Lanka Jassim bin Jaber al-Sorour received the Qatari medical aid, which he handed over to Minister of Health Keheliya […]

Elon Musk says $8 monthly fee for Twitter blue tick

Elon Musk has said Twitter will charge $8 (£7) monthly to Twitter users who want a blue tick by their name indicating a verified account. As part of changes after a $44bn (£38bn) takeover of the social media site, Mr Musk said it was “essential to defeat spam/scam”. A blue tick mark next to a […]

Malaysia donates urgently required medical supplies to Sri Lanka

The Malaysian government has extended a goodwill gesture by donating a consignment of urgently required medical supplies to Sri Lanka, the Ministry of Foreign Affairs says. Based on a request made by Sri Lanka’s Ministry of Health seeking assistance in acquiring medical supplies for the island nation, the High Commission of Sri Lanka in Kuala […]

Mintpay enters into a strategic partnership with retail giant Softlogic

Mintpay, Sri Lanka’s first Buy Now Pay Later (BNPL) service provider has been consistently breaking new ground in order to bring absolute convenience and payment flexibility to its members. As a BNPL service, Mintpay allows consumers to enjoy interest-free payment plans that will enable them to pay for any purchase in 3 installments, even with […]

Ukraine war: Russia halts grain deal after 'massive' Black Sea Fleet attack

Russia has announced it is suspending its involvement in the internationally-brokered deal that allows Ukraine to export grain from its Black Sea ports. It comes after Russia accused Ukraine of a “massive” drone attack on the Black Sea Fleet in Sevastopol, Crimea. Ukraine has not admitted the attack and President Volodymyr Zelensky called the Russian […]

Meta: Shares in Facebook owner dive 20% as investors lose faith

Shares in Meta, which owns Facebook and Instagram, have plunged more than 20% after a downbeat set of results from the tech giant. It comes as investor doubts about Mark Zuckerberg’s vision for the future grow, and revenues and profits decline. Meta’s sales shrank by 4% in the three months ending in September to $27.7bn […]