Sri Lanka has a real opportunity now. Many businesses and investors from Dubai, Kuwait, Bahrain and Saudi are looking to relocate because of the situation in the Middle East.
We can bring them to Port City, Hambantota or elsewhere, but we can’t do everything at once.
First, we must change our old mindset, break down the walls, and build proper bridges to the world. Port City should be made a true special economic zone for IT and knowledge services, like Dubai Financial City or GIFT City in India, with completely different regulations.
At the same time, we must stop changing laws that destroy our competitive edge and avoid attracting the wrong kind of investments like scam centers. We need quality investments that create real jobs.
This window won’t stay open forever.
#PortCity #SriLanka #ITHub #EconomicReforms #Investment
The US recognised the economic benefits of a fossil fuel energy sector; and are continuing to drill with a focus on sustainability and net zero - something Aussie could learn from 😅
Australia has "ceded our fuel security to foreign powers", economist Saul Kavonic claims, with the current crisis proving the need for a domestic oil industry.
https://t.co/0YRiphVkj5
SpaceX, the Elon Musk-owned rocket company that merged earlier this year with his artificial intelligence company xAI, confidentially filed plans for an initial public offering Wednesday in what might be the largest of all time, according to multiple reports.
Artemis 2 is finally happening. First crewed lunar mission in over 50 years and we're watching history repeat itself with better tech. Four astronauts will orbit the moon for 10 days testing life support systems that haven't been pushed this far since Apollo. Not a landing mission but that's not the point. This is about proving we can keep humans alive in deep space again. The hardware is ready, crew is trained, and after all the delays we're looking at launch later this year. For those of us who missed Apollo, this is our generation's chance to see humans leave Earth orbit...
Sri Lanka’s Massive Offshore Energy Promise: Trillions of Cubic Feet of Gas + Billions of Barrels of Oil
🛢️ #SriLanka is estimated to hold up to 3 trillion cubic feet of natural gas in offshore reserves, plus potential for several billion barrels of crude oil.
🛢️ The figures come from updated basin modelling and modern seismic data collected in recent years.
🛢️ Commercial production remains years away as investor attraction and licensing processes are still in early stages.
🛢️ A new Petroleum Resources Act (2021) and the shift to an open licensing system under the “Explore Sri Lanka” programme aim to boost transparency and attract international companies.
🛢️ Several major global energy firms have already shown strong interest, marking a significant revival of Sri Lanka’s long-dormant offshore exploration sector
-NewsWire
This is absolutely insane:
At 7:04 AM ET today, President Trump said “the US and Iran have had productive discussions" to end the Iran War.
By 7:10 AM ET, the S&P 500 surged +240 points adding +$2 TRILLION in market cap.
27 minutes later, Iran completely denied all of President Trump's claims and said there has been "no contact" with the US.
By 8:00 AM ET. the S&P 500 had fallen -120 points erasing -$1 trillion in market cap.
That's a $3 TRILLION swing market cap in 56 minutes, just in the S&P 500.
What is happening here?
Meet Lucky – the Golden Retriever who took multiple bullets protecting his family from intruders.
After 54 days in hospital + 3 surgeries, this is him finally walking out. Pure hero energy. 😭❤️
On February 26, two days before Operation Epic Fury began, two requests landed on Sri Lanka’s desk. Iran asked permission for three naval vessels to make a goodwill visit between March 9 and 13. The United States asked permission for two combat aircraft armed with eight anti-ship missiles, based in Djibouti, to land at Mattala Rajapaksa International Airport between March 4 and 8. President Anura Kumara Dissanayake told Parliament on March 20 that Sri Lanka rejected both.
As a neutral nation we said no to both. That is impartiality.
On March 4, a US submarine torpedoed the Iranian frigate IRIS Dena approximately 19 nautical miles off Galle. The ship was returning to Iran from India’s MILAN 2026 naval exercise. The goodwill visit to Sri Lanka had already been denied. Sri Lanka’s Navy responded to the distress call at 05:08 local time, rescued 32 survivors, and recovered 84 bodies later repatriated to Iran aboard a chartered aircraft from Mattala Airport. A second Iranian vessel, IRIS Bushehr, was allowed into Sri Lankan waters the next day under the Hague Conventions’ humanitarian provisions. Its 219 crew were moved to a navy facility.
The landing window for the American jets opened on the same day the Iranian ship went down. No official statement connects the two events. The calendar connects them without assistance.
Dissanayake’s dual rejection was framed as strict neutrality. Sri Lanka would not permit its territory to be used for military purposes that could help or hinder either side. Had we said yes to Iran, we would have had to say yes to the US as well, he told lawmakers. The island would not become a staging ground for any belligerent.
The rejection carries weight precisely because Sri Lanka owes something to everyone it refused.
The airport where the American jets would have landed was built with a $209 million loan from China’s Export-Import Bank. Port City Colombo, the southern expressways, and much of Sri Lanka’s modern infrastructure were also Chinese-financed. Sri Lanka welcomes the investment. It does not allow Chinese military aircraft to land at Mattala either.
The hydropower project in Sri Lanka’s highlands was built by Iran’s Farab engineering company under a $514 million contract. Iran’s Export Development Bank provided $50 million before sanctions halted funding in 2013. Sri Lanka financed the remainder, keeping the Iranian contractor. Iran provided the technology. Sri Lanka rescued Iranian sailors. And Sri Lanka refused to let any belligerent use its runways.
Israel provided weapons, training, and intelligence during Sri Lanka’s civil war. Mossad assisted military intelligence. The Air Force operated Israeli Kfir jets. The Navy used Dvora patrol boats with Gabriel missiles. Israeli tourists favour Arugam Bay and the southern coast under government security arrangements. Sri Lanka protects Israeli tourists. It does not allow its territory to be used for operations against Iran.
The United States supported the IMF bailout after Sri Lanka’s 2022 sovereign default, helping secure the $2.9 billion Extended Fund Facility. US Special Envoy Sergio Gor visited Colombo March 19 to 24. No reported pressure was applied on the jet decision. Iran remains one of the largest buyers of Ceylon tea, with payments routed through Dubai. India and the UAE signed a 2025 memorandum to develop Trincomalee as an energy hub. Russian and Ukrainian tourists settled across the coast after 2022.
Sri Lanka said no to all of them becoming a base. The runway is Chinese. The technology is Iranian. The jets were Israeli. The bailout was American. The port is Indian. The neutrality is Sri Lankan.
https://t.co/iFmUcarGdV
Forget overpriced Bali & chaotic Bangkok.
🇱🇰 Sri Lanka offers :
– A slower, calmer pace of life
– Low daily costs
– Easy long-term stay options
– Beaches, tea mountains & history in one island
An underrated South Asian base worth your attention 🧵
At a time when most people use keyboards to write, does handwriting really matter?
Yes, say Indian courts, if the writer is a doctor.
Jokes around the notoriously bad handwriting of many doctors that can only be deciphered by pharmacists are common in India, as around the world.
https://t.co/JKcB91Oflp
Goosebumps!
Sri Lanka’s 🇱🇰 anthem on the top of the podium as Yevan David wins 🏆 Race 2 of EuroFormula Open 2025 (Round 6) at the Red Bull Ring.
Proud moment for the nation🇱🇰💪!
#Motorsport#SriLanka#EuroFormulaOpen#LKA
A new study by Ocean University of Sri Lanka has found that the artificial breakwater at Hambantota International Port (HIP) has become a thriving marine ecosystem.
The reef at HIP now supports the highest diversity of reef-associated fish in Southern Sri Lanka, surpassing natural sites like Weligama and Polhena.
According to the study, the reef's success is attributed to minimal human disturbance, low pollution, and a balanced population of herbivorous fish that keep algae from overwhelming the corals.
https://t.co/XHtBhNC0kj
Sir Donald Bradman’s last baggy green cap, worn during the famous 1948 “Invincibles” Ashes tour of England, has sold for an incredible AUD 438,500. The cap has been secured by the National Museum of Australia in Canberra, which means this historic piece of cricket memorabilia will stay in the country and be open for public viewing.