Sep 23 (Island) The Colombo High Court Trial-at-Bar yesterday found 15 out of 24 accused in the high profile 2019 Easter Sunday massacres case guilty. Among them was Mohamed Ibrahim Mohamed Naufer aka Naufer Moulavi, the alleged mastermind of near simultaneous suicide attacks blamed on the National Thowheed Jamaath (NTJ). The remaining nine accused were acquitted and ordered to be released by the Trial-at-Bar
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One clause in Anti-Corruption (Amendment) Bill requires referendum: SC
Sep 23 (Island) Speaker Jagath Wickramarate informed Parliament that the Supreme Court had determined that several provisions of the Anti-Corruption Amendment Bill could be passed by a simple majority, while key clauses required a special majority and one provision required approval at a referendum. Speaker said the Court’s determination on the Bill, which had been challenged under Article 121(1) of the Constitution, had been received and formally communicated to the House.
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Suspect arrested over Rs. 24.8 billion transfers via six shell companies
Sep 23 (NW) The FCID has arrested a suspect in Kotikawatte for allegedly transferring foreign currency worth Rs. 24.8 billion to overseas bank accounts without importing any goods, police said. According to police, the suspect allegedly used six shell companies to carry out the transactions through telegraphic transfers (TT) between Dece 2024 and Nov 2025. The transfers were reportedly made under the pretext of importing goods, although no goods were imported into the country.
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Central Bank freezes assets of 6 companies and their directors
Sep 23 (NW) The Central Bank of SL (CBSL) has issued freezing orders against six companies and their directors, preventing them from disposing of, transferring or otherwise dealing with their properties and other assets. CBSL said the orders were made under Section 44 of the Finance Business Act No. 42 of 2011 and had subsequently been confirmed and extended by the Colombo High Court.
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2 Judges Recommended for Court of Appeal, 3 High Court Appointments Scheduled
Sep 23 (NW) Prez Anura Kumara Dissanayake has forwarded recommendations to the Constitutional Council to appoint High Court Judges Navaratne Marasinghe and Manjula Thilakaratne as judges of the Court of Appeal. Meanwhile, three judicial officers are scheduled to be appointed as High Court Judges on Wednesday, based on recommendations from the Judicial Service Commission. The three officers are Perumal Sivakumar, Anandi Kanagaratnam & Gnanesa Kannangara.
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Electric railway project to require major power capacity: Minister
Sep 23 (NW) The proposed electric railway project will require a substantial amount of electricity and could become one of Sri Lanka’s largest future power consumers, Minister Bimal Rathnayake told Parliament today. Rathnayake said discussions were under way with the Ministry of Energy on meeting the project’s energy requirements, given the large amount of power that would be needed. He said the electric railway project was among the major projects currently being considered
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දෙරණ අරුණ
No shortage of essential medicines in hospitals: Minister
Sep 23 (DN) Health Minister Nalinda Jayatissa told Parliament yesterday that 94.66% of the essential medicines required for daily hospital operations are successfully being maintained in stock across facilities. He said the vast majority of priority medications are currently available to meet patient needs without interruption. As of September 2026, the Health Ministry confirmed that 585 out of 618 essential medicines are currently available at State health institutions.
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Young children exempt from seat-belt rule on expressways: Police
Sep 23 (NW) DIG W.P.J. Senadheera said certain passengers are exempt from mandatory seat-belt requirements on expressways under the relevant Gazette notification. Requirement does not apply to young children and passengers who are below 4 and a half feet height. Passengers who have been medically advised not to wear a seat belt are also exempt from the requirement, Senadheera said. Police officers would take such circumstances into consideration & provide relevant exemptions.
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2027 Appropriation Bill sets Rs. 4.99 t Vote on Account, borrowing capped at Rs. 3.8 t
Sep 23 (FT) The Appropriation Bill for the 2027 financial year has been published in the Govt Gazette, setting out an estimated Rs. 4.99 trillion in service expenditure for Govt Ministries and Departments and capping net Govt borrowings for the year at Rs. 3.8 trillion. The Bill, published as a Gazette Extraordinary Supplement dated 18 Sept, 2026, by order of Prez Anura Kumara Dissanayake in his capacity as Finance, Planning &
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Was negligence behind former Ampara hospital director’s death?
Sep 23 (DM) Health Ministry investigation into the treatment of a patient who later died at the Sri J'pura General Hospital has raised serious questions over the medical and nursing procedures followed during the patient's treatment, according to the investigation report. Medical expert Dr. Chamal Sanjeewa has called on the Health Secretary to make the findings of the investigation public, saying the report contains several matters that require the attention of the health authorities.
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CBSL moves against plantation investment scams
Sep 23 (TM) Central Bank of SL (CBSL) is stepping up efforts to curb fraudulent plantation investment schemes involving illegal deposit-taking, promising unrealistically high returns over short-term periods, CBSL Governor Dr P Nandalal Weerasinghe said. He said: “In recent years, we have observed the sector’s name, the plantation, have been subjected to fraudulent investment proposals, involving illegal deposit taking. These plantation scams promise unrealistically high returns within
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පාස්කු ප්රහාරයේ චූදිතයන්ට දුන් තීන්දුව
Is Sri Lanka’s fuel retail sector heading towards a crisis?
Sep 23 (Island) The importation and distribution of petroleum products, which had previously been carried out by several foreign oil companies, were transferred to the CPC through legislation presented to Parliament in 1962. At the time, this was repeatedly portrayed as a major national achievement and an act of patriotism. It is said that, after receiving compensation for their assets, the foreign companies were preparing to withdraw to their respective home countries.
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FFSL to bar unlicensed coaches from 27 Jan
Sep 23 (TM) Football Federation of SL (FFSL) President Jaswar Umar confirmed that with effect from January next year, possession of a recognised coaching licence from the sport’s domestic controlling body will be made mandatory. He said this requirement will encompass all coaches attached to schools, football academies and those affiliated to local clubs, and emphasised that the FFSL will not greenlight any games conducted by any such institution linked to coaches from
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Fitch upgrades Sri Lanka
Sep 23 (CI) Fitch Ratings said it has upgraded SL’s Long-Term Issuer Default Rating to ‘B-’ from ‘CCC+’, with a Stable outlook, citing sustained macro-stabilisation policies and structural reforms that have eased external financing risks and built a degree of resilience to shocks. Even at ‘B-’, SL remains in speculative-grade territory, five notches below the investment-grade cut-off, so the upgrade changes little for the country’s access
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Holding PC poll will be the litmus test to gauge the people’s mandate: SJB
Sep 23 (DN) SJB MP S.M. Marikkar challenged the govt in Parliament to hold the Provincial Council elections without further delay as a litmus test to gauge the people’s mandate. He asked the govt where the dollars are which is required to import raw material to build the country’s essential mass scale infrastructure citing that they cannot be developed with SL Rupees. “According to the IMF, to pay the debt by the end of this year in December, if US$ 8.465 b is required in the country’s reserves,
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Japanese investor Yoshimichi Watanabe backs Hunas Holdings
Sep 23 (Island) Japanese investor Yoshimichi Watanabe has entered into a partnership with Colombo Stock Exchange-listed Hunas Holdings, in a move that comes as the diversified conglomerate prepares a significant expansion of its hospitality and real estate interests in SL. The partnership brings foreign capital and international market experience into one of Sri Lanka’s fastest-diversifying listed groups at a point when the Group is actively building out its pipeline across both sectors.
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All-rounder Jacks stars as England beat Sri Lanka in 1st ODI
Sep 23 (CI) England are finally on the rise again in ODIs, after a long period of stagnation and decline. They pulled off their lowest successful defence in four years as they cruised past SL at the Riverside in Durham, and have now won five matches out of seven since the start of this year under Harry Brook and Brendon McCullum. The first ODI was more competitive than any of the three T20Is last week, as England wobbled against
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Asian Games: Dickwella in Sri Lanka's T20I squad for the first time since 2021
Sep 23 (CI) Ashen Bandara and Niroshan Dickwella have earned recalls to SL's T20I squad for the Asian Games men's cricket competition. Bandara last played an international in 2023 while Dickwella's previous T20I came in 2021. Sineth Jayawardena, Sohan de Livera, Wanuja Sahan and Garuka Sanketh received maiden T20I call-ups to the 15-member contingent to be captained by Sahan Arachchige. SL opted to leave out most of their first-choice T20I players, and selected Bandara
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Tea exports dip 5% in August
Sep 23 (FT) Tea exports during the first eight months of 2026 have declined by 5% year-on-year, with shipments continuing to be affected by higher freight and insurance costs and access disruptions in key markets. Tea exports of 22.8 Mnkg in Aug 2026, down 4% from the 23.7 Mnkg shipped during the corresponding month last year. Cumulative exports for the 8-month period stood at 166.3 Mnkg, compared with 174.2 Mnkg recorded during the same period last year, reflecting a decline
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මහ නඩුවේ අවසන් තීන්දුව
Rs 5 b JICA-funded transmission project: Vidullanka consortium emerges as lowest...
Sep 23 (TM) A consortium comprising Sri Lanka renewable energy developer Vidullanka and India’s Skipper Ltd has emerged as the lowest-cost bidder for a Rs 5 billion high-voltage transmission line project in Sri Lanka. The tender, officially titled National Transmission and Distribution Network Development and Efficiency Improvement Project Package 3 (Phase ii), encompasses the construction, installation, testing, and commissioning of 132 kV transmission lines and
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Ambeon Capital partners Indian firms to open India-SL investment desks, launch...
Sep 23 (FT) Ambeon Capital said it has signed a MOU with Sincere Syndication and Corporate Services LLP and Avyukthi Consulting and Advisory Services LLP to establish collaborative investment desks in Colombo and Chennai. The arrangement is designed to channel cross-border capital between SL & India across listed equities, private equity and credit, real estate and fixed income, while also supporting mergers and acquisitions and business partnerships. Parties intend the desks to act
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From stabilisation to transformation: Sri Lanka’s next chapter
Sep 23 (FT) Four years ago, SL stood at the edge of an economic abyss. Today, it stands on firmer ground, thanks to the authorities’ concerted reforms and the resilience of the SL people. As our IMF team concludes its discussions for the 7th Review of the Extended Fund Facility and this year’s Article IV consultation, the headline numbers are telling. Inflation, which shot to 70% and eroded household incomes during the crisis,
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Odds and Ends: Horse racing and the business of sports betting – IV
Sep 23 (Island) Here’s a puzzle worth thinking about. For well over a century, SL law has treated a village card game as a criminal offence, punishable by fine or imprisonment. In that same period, it has treated betting on horse racing as a perfectly legitimate, taxable business, one the state has actively collected revenue from for generations, under a Horse Racing Betting Ordinance older than most of the country’s other gambling law. Same basic activity, risking money on an uncertain
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From bailout to Bond market: Choosing Sri Lanka’s next IMF engagement?
Sep 23 (FT) Sri Lanka needs to raise $ 1.5 billion from international capital markets in the final year of the current IMF program. This is not a rough estimate; it is built into External Financing Gap and Program Financing, 2022-27, agreed under the Extended Fund Facility (EFF) in the last review. In addition to the IMF’s own $ 3 billion facility, the multilateral budget support from the World Bank and the ADB, and the 2024 debt restructuring, this is the balance funding that
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පාස්කු මහ නඩුව: යුක්තිය අඬක් ඉටුවේ
Prez Anura Kumara Dissanayake’s two years in power: What does it mean for Tamils?
Sep 23 (GV) There will no longer be a majority and minority; we will all be Sri Lankans. President Anura Kumara Dissanayake made this declaration during his visit to Mannar in April 2025, presenting a common Sri Lankan identity as an objective of his govt. The aspiration itself is difficult to object to. A country in which citizenship does not depend on ethnicity is a legitimate democratic ideal. But for Tamils, the important question is not whether they are Sri Lankan.
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From Anuradhapura to Norochcholai: SL’s next energy crisis may be made at home
Sep 23 (TM) Prez Anura Kumara Dissanayake inaugurated an important shift in SL’s energy landscape in A'pura on 18 Sept. A 10 MW / 40 MW hour (h) battery energy storage system (BESS) was connected to the national grid, allowing electricity generated during periods of lower demand or higher renewable output to be stored and released later. It forms part of a wider Storex programme of 13 installations totalling 130 MW / 520 MWh. On the same day, Prez connected the five
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Two years later, what do voters think?
Sep 23 (SO) Amid shifting political dynamics and ongoing administrative reforms, citizens across Sri Lanka are weighing State progress against the daily realities of economic survival. From public sector workers advocating municipal efficiency to small business owners grappling with steep food costs, the public pulse reflects a complex landscape of cautious optimism, political conviction, and practical frustration.
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Big Bad Bills
Sep 23 (Island) JVP core of the NPP govt makes no bones about its insatiable desire to go beyond governing the country and consolidate its grip on the state; this is something it sought to achieve through extra-parliamentary means on two previous occasions, but in vain. It is busy removing politico-legal obstacles in its path systematically in a bid to achieve its goal. It has apparently adopted the principle that the end justifies the means. 22nd Amd. drama has ended in an anti-climax.
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No small coins, please!
Sep 23 (ST) The vendor at the Sunday fair counted his total charge from a customer standing in front of him as Rs. 2,660. As in good old days, there were no cents added to his price, which are now limited to cashless payments modes only. If you pay in cash, cents are omitted or ignored in all sorts of transactions. Customer standing near the vendor was a middle-aged lady, who used to visit the Sunday fair regularly to buy her weekly supplies of vegetables, meat items and groceries for the
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Sri Lanka rallies to save Anojan
Sep 23 (SO) For Sivarasa Anojan’s mother, the fear is almost impossible to put into words. In a video posted by activist Rajkumar Rajeevkanth, the 27-year-old’s mother is seen breaking down as she pleads for her son’s life. Surrounded by sobbing family members, she appeals to the Saudi authorities for mercy and to the SL Govt to do everything possible to bring her son home. Please spare his life, she pleads through her tears.
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Upper Catchment: A nation’s lifeline
Sep 23 (CT) In time the jungle will swing once more, and then those who care for other things than wealth will wander back to the wet side of the monsoon line, and wild elephants browse where tea is now plucked, antiquaries will unearth the ancient bungalows of the British period, or even of the Scottish which will lie beneath it, and classify the different kinds of bottles found among the ruins, and arrange them in museums. Having both planted tea and arranged the antiquities in a museum,
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Free education, minus the teachers
Sep 23 (TM) Few things in this country deserve more pride than free education. Since it was introduced in 1945, under the reforms championed by C W W Kannangara, generations of SL children have walked into a classroom without their parents paying for the privilege. The farmer's daughter in Monaragala, the estate worker's son in Nuwara Eliya, the fisherman's child in Jaffna and the clerk's son in Colombo were all offered the same start. That promise is a large part of the reason our
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