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Archives

CBSL calms market nerves amid exchange rate volatility

May 19 (FT) CB expects nearly $ 1 billion in inflows from multilateral agencies to provide additional bandwidth to stabilise the exchange rate, as the rupee comes under pressure from higher oil prices, rising imports, and uncertainty linked to the Middle East conflict. CB Governor Dr. Nandalal Weerasinghe yesterday said SL expects around $ 700 million from the IMF early next month, alongside a further $ 250 million from ADB and WB, more..

17th commemoration: National Victory Day today

May 19 (TM) The National Victory Day commemoration ceremony, marking 17 years since the defeat of terrorism, is scheduled to be held today (19) as in previous years. The ceremony will take place at the National War Heroes Monument in Battaramulla under the patronage of Prez Anura Kumara Dissanayake, the Ranaviru Seva Authority stated. For the first time, the relatives of fallen soldiers from the Northern and Eastern Provinces will participate in this year’s commemoration. more..

Technical failure disrupts Foreign Ministry attestation services

May 19 (DM)The Consular Affairs Division of the Ministry of Foreign Affairs, Foreign Employment and Tourism informed the public that all document attestation services have been temporarily suspended until further notice due to an unexpected technical failure of the Electronic Document Attestation System (e-DAS). The temporary suspension applies to the Consular Affairs Division headquarters in Battaramulla as well as all Regional Consular Offices (RCOs) located in more..

Cybercriminals abusing Port City visas; probe underway

May 19 (ST) Colombo Port City is in talks with the Finance Ministry, Police and Dept of Immigration and Emigration (DIE) about recent investigations into alleged cybercrimes after a spate of foreigner arrests revealed that some could have secured visas via companies purportedly licensed as Authorised Persons under the Colombo Port City Economic Commission Act. During several court proceedings, it was claimed by lawyers more..

Tamil Genocide Remembrance Day commemorated in Mullivaikkal

May 19 (TG) Thousands of Tamils gathered at Mullivaikkal commemoration ground this morning to mark Tamil Genocide Remembrance Day. This year marks 17 years since SL's genocidal offensive that left an estimated 169,796 Tamils unaccounted for and presumed dead. SL govt encouraged Tamils to enter so called No Fire Zones and then committed unlawful killings, enforced disappearances, arbitrary arrests & detentions, torture & rape and other sexual violence & denied them humanitarian aid. more..

Sri Lanka makes Guinness World Record with Merak 2026 sensory board

May 19 (Island) In a landmark achievement for SL and the global autism advocacy community, Merak 2026 has secured the Guinness World Record for the World’s Longest Sensory Board, marking a milestone in the intersection of art, inclusion, sustainability & public awareness. Tree House International spearheaded the successful effort. Stretching 60 meters, each segment of the board incorporates a mix of tactile elements, from recycled ocean plastic to show sustainability, more..

දෙරණ අරුණ

Sri Lanka services contracts in Apr 2026 due to increase in energy prices: PMI

May 19 (EN) Sri Lanka’s services sector contracted in April 2026 due to seasonal impacts following the festive period and the increase in energy prices, according to a Purchasing Managers Index compiled by the Central Bank which registered an index value of 46.7, compared to 59.4 the previous month. New businesses declined in April 2026 for the first time since April 2023, CBSL said, due to deteriorations observed in transportation of goods, insurance, wholesale & retail trade, and accommodation more..

Sajith warns against creating fear psychosis and criminalising tax payment delays

May 19 (FT) Opposition Leader Sajith Premadasa yesterday criticised proposed amendments relating to tax enforcement, warning that penalising taxpayers unable to make payments due to legitimate reasons would undermine business confidence and democratic norms. Speaking after meeting tax and financial experts, Premadasa said there was an attempt to amend laws to criminalise delays in tax payments arising from circumstances such as illness or overseas travel. more..

Economists chart Sri Lanka’s next steps as global shocks test reform path

May 19 (FT) Sri Lanka’s post-crisis recovery is entering a more difficult phase as policymakers, economists and businesses attempt to preserve stability amid rising geopolitical tensions, volatile energy markets and growing uncertainty in the global economy. Setting the tone and dining the scope of a recent seminar on Sri Lanka’s Current Macroeconomic Policy Directions in the Current Global Volatility, more..

NZ Women’s ‘A’ clinch series win 1-0 over SL

May 19 (DN) New Zealand women’s A team led by Jess Watkin came back strongly to record 84 runs win over (DLS method) Sri Lanka women’s A in their third rain hit one day game played at Rangiri Dambulla Cricket Stadium yesterday. After first two games ended in no results due to rain NZ women’s produced superb all round performance to defeat SL women’s A to win the series 1-0. NZ women’s A team decided to bat first scored challenging total of 273 for 8 wickets in their 50 overs. more..

Aravinda’s timeless touch lights up reunion

May 19 (Island) SL’s 1996 World Cup winning team returned home on Monday, although for many of the players Colombo was not the final destination. While most boarded flights to BIA, a few headed off to Melbourne and London, while others decided to extend their stay in the Land of the Malays for a short holiday. It was a trip soaked in nostalgia as the players rolled back the years and transported fans to that magical March night 3 decades ago when they pulled off one of the greatest upsets more..

විමල් අවධානය ඉල්ලයි

Opposition alleges CIABOC tool in govt's hands

May 19 (Island) An opposition grouping alleged that CIABOC had become a political tool in the hands of JVP/NPP to suppress the Opposition both in and outside Parliament. Former Minister Prof. G.L. Peiris accused the CIABOC of fabricating cases against political opponents by manipulating those summoned. He tore into the institution, alleging that it drove people to suicide. Prof. Peiris alleged that former SriLankan Airlines CEO, Kapila Chandrasena, had been a victim of that more..

The Book Studio revolutionises reading with first automated book vending machine

May 19 (FT) The Book Studio Ltd, has introduced Sri Lanka’s first fully automated book vending machine, marking a significant innovation in the country’s publishing and retail landscape. Redefining how readers can discover and purchase books with instant self-service, this landmark initiative represents a strategic synergy of technology and convenience, designed to make literature more accessible to the community. Aligned with the core belief that “everywhere can be a reading more..

Govt allocates extra Rs. 2.5 b fertiliser support as Gulf tensions weigh on tea sector

May 19 (FT) Govt announced an additional Rs. 2.5 billion fertiliser subsidy package for tea smallholders and growers as rising geopolitical tensions in the Gulf region continue to pressure SL’s tea industry through higher energy, fertiliser and production costs. Minister Samantha Vidyarathna said the decision was taken as an emergency relief measure to cushion growers from mounting global cost pressures and more..

Sri Lanka Junior Squash Players ready to challenge Asia’s best

May 19 (DN) Sri Lanka’s junior squash team is ready to challenge Asia’s best at the 33rd Asian Junior Individual Squash Championships in Panzhihua, China from May 20 to 24. The Sri Lankan team will compete in the Boys’ and Girls’ Under-19, Under-17, Under-15 and Under-13 categories against the strongest junior squash nations in Asia. Eighteen-year-old Matheesha Wijesekara will spearhead Sri Lanka’s challenge after climbing to No. 7 in the Asian Under-19 rankings. more..

Temporary fuel subsidy risks undermining fiscal buffers

May 19 (FT) HNB Stockbrokers has warned that SL’s recently announced fuel subsidy, while manageable in the short term, risks eroding fiscal buffers and complicating commitments under the IMF program if extended beyond its initial 3-month period. In a series of posts published on ‘X,’ the brokerage described the subsidy as a response to the oil price shock triggered by the escalating conflict in the Middle East, but cautioned that the larger risk lay not in immediate affordability more..

Sri Lanka’s trade, export and FDI push lacks ambition and urgency, warns think tank

May 19 (FT) SL’s trade, export, and foreign direct investment (FDI) agenda is suffering from a lack of ambition, urgency, and strategic coordination at a time when rival Asian economies are moving aggressively to secure investment and strengthen trade resilience, economic policy think tank Centre for a Smart Future (CSF) warned. It has called on the Govt to urgently revive and accelerate SL’s trade competitiveness, export & FDI more..

CPC rejects request to remove dealer margins

May 19 (TM) Even as talks continue over fuel supply terms for electricity generation, a dispute between the Electricity Generation Lanka (Pvt) Ltd and CPC over dealer margins remains unresolved, with the latter maintaining that the charges cannot be waived because EGL functions as a direct fuel consumer. Energy Minister Anura Karunathilaka said the disagreement centred on dealer margins linked to fuel prices. “The electricity entity says that the dealer margin should be removed. more..

D.B.S. Jeyaraj: A moral compass for Tamil journalism

May 19 (GV) It is with tremendous sadness that I write about the passing of D.B.S. Jeyaraj. He was a journalist, a chronicler and, for those of us who found our way to the Tamil cause through his words, something far more personal: a moral framework. As a young teenager who was born and raised in Canada, it was Jeyaraj’s writings which first introduced me to the works of constitutional scholar Dr. Neelan Tiruchelvam. His writings significantly influenced and shaped my views on more..

විමල් බඩගෑම සහ මහින්දට අනුව තාම...

Foreign Affairs, Foreign Employment and Tourism Ministry launches revamped website

May 19 (FT) Foreign Affairs, Foreign Employment & Tourism Ministry yesterday launched its revamped official website together with the newly introduced Common Website Platform for SL Missions and Posts abroad. Minister Vijitha Herath, with the participation of the Deputy Minister of Foreign Affairs and Foreign Employment, Deputy Minister of Tourism, the Secretary to the Ministry, Heads of SL Missions Abroad joining online, senior Ministry officials, representatives of Govt institutions, more..

CanCham SL unveils strategy to deepen Canada-Sri Lanka economic ties

May 19 (FT) Newly established Canadian Chamber of Commerce in SL (CanCham SL) has unveiled a strategy to position SL as a regional gateway for Canadian trade, investment, and Indo-Pacific engagement, while strengthening bilateral economic ties between the two countries. Speaking at a media briefing, CanCham SL representatives outlined a long-term vision centred on investment promotion, trade facilitation, tourism development, innovation, education & strategic regional cooperation. more..

Govt to establish multi-stakeholder committees to tackle human-elephant...

May 19 (FT) Environment Minister Dammika Patabendi said that since there had been no sustainable national policy to effectively mitigate the human-elephant conflict (HEC) and address broader issues related to elephants in the country, Govt intended to obtain a comprehensive report by appointing a multi-stakeholder committee. He noted that with the increasing number of human-elephant conflict incidents reported in the country, more..

Sevens Rugby is definitely our future: Pavithra

May 19 (SO) Sri Lanka Rugby (SLR) President, Pavithra Fernando believes with the setting up of the high-performance sevens program, SL have set their goal towards winning an elusive Asian Games Medal. “This is a defining moment for SLR. For the first time, we are committing fully to a high-performance sevens program with a clear and uncompromising objective – to win a medal at the Asian Games,” Pavithra said. “While we recognise the short-term impact on our fifteens results, more..

Featured birds highlight biodiversity richness ahead of World Biodiversity Day

May 19 (Island) As the world prepares to observe the International Day for Biological Diversity, commonly known as World Biodiversity Day, on May 22, SL stands as a vivid example of how a relatively small island can hold an extraordinary concentration of life. The annual observance serves as a global reminder of the importance of protecting ecosystems and the rich variety of life forms that sustain the planet. This year’s observance comes amid increasing international concern over more..

අනුරත් ගෝඨා ගිය පාරෙ යන්න ඔන්න...

Economic Security is new national security

May 19 (CT) In the twenty-first century, national security can no longer be defined solely through military strength, territorial defence, or conventional warfare capabilities. The rapidly evolving global environment has demonstrated that economic resilience, energy security, food stability, technological competitiveness, and strategic supply chains are now equally critical to the survival and prosperity of nations. In many ways, economic security has become the foundation upon more..

Apparel sector faces export threat

May 19 (TM) For decades, the apparel industry has been the bedrock of SL’s economic resilience. As the nation struggles to recover from the recent economic crisis and the pandemic, this sector remains an indispensable lifeline. Generating over 40% of total merchandise export revenue and contributing approximately 7% to national GDP, garment manufacturing is far more than a commercial enterprise. It is a critical social anchor, directly employing over 350,000 people, driving more..

Online scammers enter Sri Lanka under tourist category

May 19 (CT) While Chinese nationals are reportedly more involved in online scamming networks in SL, there is also a growing trend of individuals from India entering such operations. Police arrested 192 Indians and 29 Nepalis in coordinated raids over suspected online scam activities in Southern coastal towns between 11 and 12 May. Online scammers entering SL on tourist visas are being counted as part of more..

Kotalawala dies in Remand Prison-1907 Suicide or Homicide?

May 19 (DM) The murder of Francis Attygalle (21), the only male heir of a wealthy family, shocked colonial Ceylon in 1906. The handsome millionaire, linked by marriage to the families of D.S. Senanayake, Sir John Kotelawala, and J.R. Jayewardene, died from a gunshot wound under mysterious circumstances, leaving controversies that haunted the island’s political landscape for decades. John Kotalawala, the chief suspect and brother-in-law of the victim, a former police officer, more..

The martyring of Mahinda on former Srilankan CEO’s grave

May 19 (ST) If Mahinda Rajapaksa had harboured any fears of being slipped unnoticed into the melting pot of this nation’s tumultuous history to end up merely as an inconspicuous footnote on one of the chronicle’s pages, then this month’s dramatic happenings showed he wouldn’t be forgotten in a hurry. Not under this govt anyway. The more they try to bury him under heaps of unproven corruption charges, the more the man rises unsoiled, with his fleece as white as the driven snow. more..

'SLPP will rebuild trust through policy, education and voter outreach'

May 19 (SO) General Secretary of the SLPP, Sagara Kariyawasam is a key figure in one of SL’s most influential political parties, playing a central role in shaping its strategy and public messaging during a period of political and economic change. He discussed SLPP’s plan to regain power, responded to criticism over the 2022 economic collapse and addressed questions on former Prez Mahinda Rajapaksa’s legal challenges. more..

The Time has come to move forward

May 19 (Island) Time, it is said, is the great healer. But there are some wounds that will not heal with time. They need specific and focused treatment. The dates May 18 and 19, the two final days of Sri Lanka’s three decade long war, are less in the consciousness of the people than before. But the continuation of the untreated and unhealed wounds of the war continues to be seen in the many groups of people who gather to remember their loved ones on these days. more..

Defeat of terrorism and triumph of hypocrisy

May 19 (Island) 17 years have elapsed since the defeat of LTTE terrorism, which plagued the country for about a quarter century. If not for the successful military campaign that eliminated the LTTE leadership, thousands of lives would have been lost in terror attacks and on the battlefield since 2009, and it would not have been possible to rekindle democracy in the North and the East. Today, children can go to school without fear of being abducted and turned into cannon fodder by the LTTE; more..

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