Mar 11 (Island) CEB Engineers’ Union (CEBEU) warned that uncertainty surrounding the ongoing restructuring of the CEB had forced many employees to refrain from performing their regular duties, raising concerns about potential disruptions to electricity sector operations. The engineers’ union said the current situation had arisen due to what it described as either deliberate actions or extreme negligence in implementing more..

Mar 11 (DM) Drug trafficking, fraud and trade-based money laundering are Sri Lanka’s most significant money laundering threats, while warning that terrorist financing risks have increased, the latest national risk assessment released by the Financial Intelligence Unit of SL revealed. The assessment, coordinated by the FIU of the Central Bank of Sri Lanka, found that Sri Lanka’s overall national money laundering (ML) risk remains at a medium level, unchanged from the previous review. more..

Mar 11 (NW) Former CB Governor Ajith Nivard Cabraal has rejected social media claims that he paid Rs. 1.84 billion in connection with the Greek bond case. Cabraal had earlier stated that he did not agree to the condition requiring him to deposit Rs. 1,843,267,595.65 and maintained his innocence. Colombo High Court had released Cabraal on conditions after the CIABOC withdrew indictments against him under the Bribery Act. As part of the arrangement proposed by the BC, more..

Mar 11 (DM) The SL govt has signaled a strong commitment to expanding public-private partnerships (PPPs) within the healthcare sector, aligning with industry leaders who view collaborative governance as the key to unlocking the country’s medical potential. Policymakers and private healthcare executives emphasised at the healthcare summit that deeper integration is required to manage rising costs, more..

Mar 11 (DN) The convener of the Central Province Drinking Water Bottle Manufacturers Association, Sapumal Kumara, emphasizes the bottled water industry has a huge potential to boost as a foreign reserve generation industry. To reach this target it should find new foreign markets, where there is a scarcity of drinking water supply. However he empathised that some of the bottled water available in the market in this country contains dead water that has no minerals. more..

Mar 11 (Island) Swiss Ambassador in Colombo Dr Siri Walt has appreciated the position taken by the government regarding the situation in the Middle East. Dr. Walt said so when she met the Chief of Staff to the President, Prabath Chandrakeerthi, yesterday morning (10). During the meeting, discussions focused on the current economic situation in Sri Lanka, as well as the prevailing circumstances arising from the ongoing conflict in the Middle East. more..

Mar 11 (Island) Netherlands Embassy in Colombo has accused the Russian Embassy of trying to limit freedom of expression and right to know in SL. Embassy issued the following statement: “Embassy of Netherlands’ attention has been drawn to the attempts by the Russian Embassy in Colombo to deny the people of SL’s right to information and freedom of expression by demanding photos related to Russia’s war of aggression on Ukraine be removed from World Press Photo exhibition, more..

Mar 11 (DM) Litro Gas Lanka has announced a revision of domestic gas cylinder prices with effect from midnight on March 10, 2026, citing rising gas prices in the global market. The company said the price adjustment was made after considering the minimum possible revision required due to the increase in international gas prices. Accordingly, the price of the 12.5 kg domestic cylinder has been increased by Rs. 300, raising the new price to Rs. 3,990 from the previous Rs. 3,690. more..

Mar 11 (TM) Following the Govt’s decision to increase fuel prices across all categories with effect from Monday, several consumer groups and industry representatives yesterday warned of a cascading impact on transport costs, essential goods and household expenses, with some demanding urgent policy revisions and others announcing immediate fee hikes. The upward revision, introduced amid rising global oil prices and similar increases more..

Mar 11 (DN) The long delayed Sri Lanka Athletic (SLA) election which should have been held an year ago will be held tomorrow at the Sports Ministry Auditorium. Two factions are contesting this election for the next term of office at SLA. Bimal Wijesinghe, president of Colonel Henry Steel Olcott Memorial Sports Foundation and senior administrator as well as a former athlete will contest for presidency from one camp. Madhava Senarath, an athletics coach and athletics data analyst will contest more..

Mar 11 (TM) Three prominent activists of the aragalaya, last week announced a one-month’s ultimatum to the Govt to either remove the Shammi Silva-led Sri Lanka Cricket (SLC) administration, or brace themselves to face another series of mass protests. In one voice they said they will mobilise the nation to bring forth the necessary transformation the country seeks to the game’s governing body, in a bid to shed the team’s defeatist mindset and become a force in the world game. more..

Mar 11 (Island) The stage is set for another chapter of the historic Battle of the Blues when traditional rivals Royal College Colombo and S. Thomas’ College Mount Lavinia clash in their annual Big Match which begins at the SCC on Thursday. Royal enter the encounter as favourites once again with a formidable batting line-up and a well-balanced bowling attack. The Reid Avenue boys will also be determined to avenge their defeat at the hands of their arch rivals in last year’s edition more..

Mar 11 (FT) Renuka Weerakoon has been appointed as the new Director General of the Board of Investment (BOI). She has served in the position in an acting capacity for the past 4 years. Weerakoon brings over three decades of experience at the BOI, having held several senior roles within the institution during her tenure. Prior to her appointment as the Acting Director General, she served as Senior Executive Director of the BOI. However, position of BOI Chairman still remains vacant, more..

Mar 11 (ST) Energy officials this week received a strong directive from an all-party Parliamentary committee to commission without further delay a third independent accredited lab to test coal samples from the Trident Chemphar shipments. On Tuesday, the Lakvijaya coal power plant (LVP) switched completely to South African coal imported via India’s Trident Chemphar. This is after the better-quality Russian coal more..

Mar 11 (FT) The Colombo stock market rebounded sharply yesterday after the previous session’s panic selling induced by oil prices breaking the $ 100 per barrel barrier due to the Mideast conflict. The ASPI ended on the up by 2.17% or 474.38 points to 22,378.52 and the S&P SL20 was up 2.47% or 151.56 points to 6,280.42. Market turnover was nearly Rs. 4.48 billion on over 236 million shares traded. The rebound follows trends elsewhere after Asian markets reported encouraging gains more..

Mar 11 (FT) Cabinet approved spending an estimated Rs. 131.02 million to develop tourism infrastructure facilities in the Jaffna District during this year. The move is part of a larger tourism development program prepared by the Dept of National Planning to be implemented from 2026-2028 covering all nine provinces. “A tourism development program covers all nine provinces, focusing on the identification of tourism potential destinations & development of infrastructure more..

Mar 11 (ST) As Iranian missiles and drones targeted military and infrastructure facilities in the UAE, fear-stricken Sri Lankans shared their horrifying experiences with the Sunday Times. They recounted their stories hours before Iran’s Prez Masoud Pezeshkian apologised to neighbouring states, saying Tehran would not attack them unless attacked first. UAE-based SL expats noted that although a sense of normalcy had returned more..

Mar 11 (FT) Nestlé Lanka is set to invest Rs. 9 billion over the next four years to expand its manufacturing operations in Sri Lanka, signalling renewed confidence in the country’s domestic market and export potential even amid recent economic challenges. Speaking at the celebration marking 120 years of Nestlé’s operations in SL, Chairman and Managing Director Bernie Stefan said the investment will largely focus on strengthening the company’s manufacturing base in Pannala, more..

Mar 11 (FT) SL Export Development Board (EDB) has called on export community to apply for the Sri Lanka Expo 2026 int'l trade exhibition, which is scheduled to be held from 18-21 June at the BMICH in Colombo. EDB noted that Sri Lanka Expo 2026 is organised with the primary objective of connecting local businesses with international buyers and investors. “Sri Lankan exporters, export-oriented businesses and companies with export potential are eligible to apply,” it added. more..

Mar 11 (TM) Govt’s assurances that SL is not solely dependent on the Gulf markets for fuel supplies and that a steady supply can be secured from India, Malaysia, and Singapore, should be approached with a degree of scepticism. Although it is a sensible message, it is also only half the story. In moments of geopolitical tension, particularly when instability threatens the Strait of Hormuz, oil markets react long before tankers stop moving. Prices surge on risk perception. Insurance costs climb. more..

Mar 11 (FT) DCSL Breweries Lanka Ltd., has announced the international launch of Aliya Beer, the latest beer brand to emerge from Sri Lanka. Following its successful reception in local markets, Aliya Beer is now set to make its mark in export markets, introducing the world to the true taste of Sri Lanka. Available in both Strong and Lager variants, Aliya has been meticulously crafted to appeal to a wide range of palates globally, while retaining its authentic Sri Lankan identity. more..

Mar 11 (FT) Sri Lanka’s hard-won macroeconomic stabilisation marks only the beginning of its recovery and will not by itself bring the long-term capital needed to drive sustained growth, AIA Group Chairman Sir Mark Tucker said, warning that the country must now move decisively from crisis management to building the capabilities required for expansion. “Sri Lanka has done the hard work that has led to stabilisation. more..

Mar 11 (ST) President Trump told accompanying newsmen aboard an Air Force One flight to Texas last Friday, I’m not happy with the ongoing talks with Iran. It was the cue that was waiting for the beginning of a new international order to unfold upon the world that had until then lived in a phoney 75-year peace, naively believing with religious zeal that the UN Charter – hastily drawn up by the victorious Allied powers after World War II in 1945 – enshrined the sovereignty of all nation more..

Mar 11 (Island) US Navy’s torpedo attack on the Iranian frigate, IRIS Dena, on 4th March, just outside SL’s territorial waters, killed over 80 Iranian sailors. SL Navy rescued over 30 sailors and provided medical assistance for them in Galle while also recovering the floating corpses of the victims. Thereafter, a second Iranian naval vessel, IRIS Bushehr, which also requested permission to dock, was permitted into Trincomalee by SL Navy, after separating its crew from the ship and more..

Mar 11 (FT) Preparation often matters more than planning in governance and business, especially in critical situations and highly interdependent environments. Sri Lanka should have recognised the possibility of a full-scale Gulf conflict if it had carefully considered the broader implications of the recent tariff hikes under the Trump administration. Today, geopolitics is a powerful force that even shapes the direction and dominance of technological advancement. more..

Mar 11 (DM) The war in West Asia between the US, Israel and Iran has practically dwarfed everything locally. International and local mainstream media as well as all social media platforms are obsessed with real, fake and AI-generated information on this war in a manner one can hardly understand what is really going on in the region. We are not going to argue that the obsession is unjustifiable. In the light of the possible repercussions of the war in every country and thereby more..

Mar 11 (SO) When women thrive, humanity thrives. Equality is not a women’s issue alone. It is a social, economic and human rights imperative that benefits everyone. The progress of any country depends on how fully its women are able to participate in public life. The origin of International Women’s Day can be traced back to 1911, when women first mobilised for fair wages, safer working conditions and the right to vote. more..

Mar 11 (Island) There can be no bigger affront to Karl Marx’s legacy than the JVP’s claim that it espouses Marxism. Marx envisioned the creation of a future society free from exploitation. The latest fuel price hikes announced by JVP-led NPP run counter to the Marxist principle of freedom from exploitation. The sudden fuel price hikes, which have come close on the heels of the monthly fuel price revision announced on 28 Feb, cannot be considered legal, for they are not consistent with more..

Mar 11 (DM) The history of warfare is littered with the hubris of technologically superior powers who underestimated the resilience of a civilization state. On Feb 28, 2026, the world watched as a decapitation strike, intended to trigger a regime change in Tehran instead ignited a firestorm that threatens to consume the global economy. As an infantry officer who spent two decades in the trenches of the SL civil war, I have seen firsthand that while technology wins battles, more..

Mar 11 (SO) The need for an independent media institution to replace the SL Press Council has been emphasized by several media organisations for many years. The SL Press Institute (SLPI), the Press Complaints Commission of SL (PCCSL), and the SL College of Journalism, which were established and operated by media organisations without State intervention, can be identified as independent media institutions. more..

Mar 11 (TM) In an era of renewed geopolitical competition and Indo-Pacific reordering, SL –US relations are entering a new phase. No longer confined to development assistance, the partnership is evolving into a multidimensional relationship shaped by maritime security, economic cooperation, technology, and resilience. Since Independence in 1948, SL has followed a policy of non-alignment rooted in sovereignty and strategic autonomy. This enabled engagement with multiple powers more..

Mar 11 (GV) Three hundred years ago, a highly placed public person made an indecent proposal. He suggested that, in order to prevent the poor people in Ireland becoming a burden to the public, that they should sell their infant children to the rich as food for their tables. This public minded person was the great satirist Jonathan Swift and his suggestion was A Modest Proposal. Its aim was to expose the entrenched social inequity that existed in his time, in his part of the world, and more..