COLOMBO (News 1st): The Asian Development Bank (ADB) has approved a USD 200 million emergency assistance package for Sri Lanka’s recovery and reconstruction following Cyclone Ditwah.According to a statement released by the ADB, the package comprises a USD 100 million regular loan and a USD 100 milli...

COLOMBO (News 1st); Sri Lanka has unveiled an ambitious National Export Development Plan for 2026–2030, positioning exports at the heart of the country’s economic recovery and future growth strategy, with a bold target to increase total exports to 36 billion US dollars by the end of the decade.The p...

Japan's central bank has increased its main interest rate to a new 31-year high after a surge in global energy prices.On Tuesday, the Bank of Japan (BOJ) raised its so-called policy rate to 1% from 0.75% - its highest level since 1995.The decision comes as some other central banks have raised intere...

COLOMBO (News 1st); A viral video showing a humanoid robot appearing to “beg” for money on a street in China has ignited a wave of global reactions, fueling intense debate over the future role of artificial intelligence in public life and raising fresh ethical questions about how far automation shou...

COLOMBO (News1st) - The driver suspected of causing the fatal road accident in Meegoda that claimed the lives of six people has been remanded until June 16.The order was issued after the suspect was produced before the Homagama Magistrate’s Court.Six people were killed when a cab crashed into a dans...