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Archives

Sri Lanka May 2026 export revenue jumps over 18%: EDB

Nov 24 (EN) SL’s goods and services exports expanded by over 18% in May this year to US$ 1,570 million. The merchandise exports in May 2026 amounted to US$ 1,223.5 million, reflecting an 18.3% increase compared to May 2025. The services export earnings recorded US$ 347.2 million in May 2026 with an increase of 18.7% compared to the same period last year. In total, SL’s exports for May 2026 reached US$ 1,570.6 million, recording a 18.3% year-on-year growth compared to May 2025. more..

Grama Niladharis withdraw from field duties from today

Nov 24 (DM) Grama Niladharis across the country have decided to withdraw from all field duties with effect from today according to the Grama Niladhari Trade Union Alliance. Alliance's President, Nandana Ranasinghe, said the decision was taken in response to the authorities' failure to address several longstanding demands raised by Grama Niladharis. He warned that if their demands remain unresolved, the union would escalate its trade union action by reporting sick leave on June 30. more..

Office on missing persons and bureau of rehabilitation sign MOU to strengthen cooperation

Nov 24 (NW) Office on Missing Persons (OMP) and Bureau of Rehabilitation (BOR) today signed a MOU to strengthen institutional cooperation in matters relating to missing persons. The agreement establishes a framework for collaboration in information sharing, referrals, capacity building, and coordinated activities, reflecting both institutions’ commitment to enhance efforts in tracing missing persons and supporting affected families. more..

Sri Lanka moves to restrict social media access for children under 16

Nov 24 (AD) NDF MP Faiszer Musthapha has presented a Private Member’s Bill aimed at restricting children’s access to social media platforms. The proposed legislation, titled the Social Media Minimum Age Bill, seeks to prohibit individuals under the age of 16 from accessing social media services. The bill is intended to introduce a minimum age requirement for social media use, with the objective of enhancing online safety for children and addressing concerns more..

PAFFREL says ending indelible ink use could save Rs. 100 million per election

Nov 24 (AD) Discontinuing the practice of applying indelible ink on voters’ fingers to indicate that they have cast their ballot could result in savings of around Rs. 100 million in public funds per election, Executive Director of PAFFREL, Rohana Hettiarachchi stated. He described the proposal as a positive step from multiple perspectives, noting that it has been a subject of discussion for several years among stakeholders, political parties and civil society organizations. more..

IRD clarifies tax exemption on sale of homes and personal vehicles

Nov 24 (NW) Inland Revenue Dept (IRD) has clarified that individuals selling their residential property or personal vehicles can now do so without paying tax, provided certain conditions are met. An official from the IRD said that for residential property, sellers are exempt if they have held legal ownership for at least three years prior to the sale and have resided at the location for over two years during that period. If these criteria are satisfied, the full amount from the sale is tax‑free. more..

තරිදු ජයවර්ධන ගැන දැනගතයුතු දේවල්!

Will lower oil prices become a lasting economic gain?

Jun 24 (FT) The recent easing of tensions involving the US, Iran, and Israel has brought welcome relief to global energy markets. Earlier fears of disruptions to Middle Eastern oil supplies and critical shipping routes had pushed crude prices higher, raising concerns across import-dependent economies. As those fears recede, oil prices have fallen from recent peaks, offering a timely economic reprieve for countries such as Sri Lanka. For SL, the significance extends beyond cheaper fuel. more..

Pyramid schemes explained: How ordinary people are trapped by false promises

Jun 24 (FT) In every community, there are people who dream of a better income, a better lifestyle, and a better future. These dreams are natural. But because of these hopes, many individuals unknowingly fall into dangerous traps, especially those set by people who promise quick wealth through illegal pyramid schemes. These schemes have grown into sophisticated ones over time, hiding behind attractive advertisements, job offers, training programs, online apps, and even cryptocurrency claims. more..

Judicial crisis parks House standoff

Jun 24 (TM) A bid by the Opposition to force an emergency Parliamentary debate on alleged judicial shortcomings triggered a tense showdown in the House yesterday, with the Govt rejecting the request and the Speaker ultimately ruling it out of order. The dispute centred on a motion submitted under Standing Order (SO) 19(1), which sought an urgent discussion on delays in the administration of justice, judicial more..

Public salary review commission appointed

Jun 24 (TM) President Anura Kumara Dissanayake has appointed a 15-member Public Servants’ Salaries and Pensions Commission to examine long-standing salary and pension-related issues affecting public officers and pensioners, and to recommend reforms aimed at strengthening the public service. The appointment was made through an Extraordinary Gazette notification issued on Monday (22) by the President under the powers vested in him by Article 33 of the Constitution. more..

Tourism paradox: More visitors, less money

Jun 24 (Island) Sri Lanka’s tourism industry is posting arrival numbers that many destinations would envy, yet it is increasingly troubled by a disconcerting trend: the country is welcoming record numbers of visitors, but tourism earnings are struggling to keep pace. In May, Sri Lanka recorded its highest-ever monthly increase in tourist arrivals, welcoming 145,745 visitors, a 10% rise from a year earlier. However, tourism revenue fell 5.1% year-on year to US$155.7 million, more..

Govt retreats on VAT threshold cut

Jun 24 (FT) Govt yesterday withdrew plans to lower the Value Added Tax (VAT) registration and Social Security Contribution Levy (SSCL) thresholds, sparing thousands of small and medium-sized enterprises from being brought into the tax net at a time when businesses are grappling with the economic consequences of Cyclone Ditwah and the conflict in the Middle East. Opening the second reading debate on the VAT (Amd) Bill and more..

Main suspect in Teldeniya murder case arrested in Jaffna

Jun 24 (AD) The main suspect in the Teldeniya murder case, in which a woman's body was recently found inside a parked vehicle, has been arrested in Jaffna, according to police. According to the Senior DIG in charge of the Nuwara Eliya Division, the suspect and his wife have been arrested in the Jaffna area by officers of the Jaffna Crime Investigation Unit and Walana Anti-Corruption Unit after receiving information that they were travelling by bus from Wellawatte to Jaffna yesterday. more..

Sallay’s family seeks Pope’s intervention over detention, health concerns

Jun 24 (NW) The family of former SIS Director Suresh Sallay has appealed to Pope Leo XIV to intervene over his continued detention and deteriorating health while in the custody of the CID. The appeal was submitted on Tuesday through the Apostolic Nuncio to SL, the Vatican’s representative in the country. Sallay has been in CID custody as part of investigations into the 2019 Easter Sunday attacks. He was transferred to the National Hospital in Colombo after launching a hunger strike more..

දෙරණ අරුණ

WhatsApp scam: Fraudsters impersonate the Dept of Registration of Persons

Jun 24 (TM) A warning has been issued regarding a sophisticated financial scam being circulated via WhatsApp, in which fraudsters impersonate the Dept for the Registration of Persons, the Computer Emergency Readiness Team (CERT) has stated. The scam messages are crafted in a highly official and convincing manner, creating a significant risk that individuals may easily fall victim. The fraudulent messages reportedly mimic official communication from the Department, more..

Israel freezes $ 6.9 m in SL remittances in legal dispute with service provider

Jun 24 (FT) Govt yesterday said approximately $ 6.9 million remitted by Sri Lankan workers in Israel has been suspended due to legal proceedings involving remittance service provider Global Remit, rejecting claims that the funds were lost as a result of a cyberattack. Around 5,100 SL workers have been affected by the suspension. Deputy Minister Arun Hemachandra said claims that worker remittances had disappeared as a result of a hacker attack were completely false. more..

US officially transfers 10 Texas-Built Helicopters to Sri Lanka

Jun 24 (NW) US today formally transferred ten American-made TH-57 Sea Ranger (Bell 206) helicopters to the SL Air Force, delivering a major boost to the country’s helicopter training program, search-and-rescue capabilities, and the security of its air and maritime domains — a milestone that reflects the growing strength of the US-SL defense partnership. Prez Anura Kumara Dissanayake, US Pacific Air Forces more..

13 bus drivers, conductors test positive in random drug screening at Navinna

Jun 24 (NW) Thirteen bus drivers and conductors tested positive for drug use during a random screening programme conducted at the Navinna bus stand in Maharagama on Tuesday, as part of an ongoing initiative to improve the safety of public transport system of the country. The mobile drug testing programme, implemented under the Ministry of Transport’s national programme to enhance the safety and efficiency of public transport, screened 200 drivers and conductors more..

Breteau Index rises sharply across many areas, raising dengue risk concerns

Jun 24 (AD) Health Entomology Officers' Association has warned that the Breteau Index—an international indicator used to measure the density of dengue mosquito larvae—has increased significantly in many parts of the country. The index, which primarily reflects the prevalence of Aedes aegypti mosquitoes, is a key measure used in monitoring dengue transmission risk, as the species is the main vector responsible for spreading the virus. According to WHO guidelines, Breteau Index should be more..

ආචාර්ය හර්ෂ ද සිල්වා

Apparel exports post strongest monthly growth this year on US demand

Jun 24 (FT) SL’s apparel and textile exports grew 7.96% in May 2026 to $ 394.14 million, marking the industry’s strongest monthly performance so far this year and signalling improving demand from key export markets after a challenging start to 2026. According to data analysed by the Joint Apparel Association Forum (JAAF), US led the gain, with shipments rising 15.36% to $ 149.96 million. Exports to markets outside the industry’s traditional three core destinations also grew strongly, more..

India Desk launch signals push to reboot Sri Lanka-India economic ties

Jun 24 (FT) SL yesterday signalled a major reset in its economic engagement with India saying a review of the existing Free Trade Agreements (FTA) by the Govt is nearing completion, while policymakers and business leaders called for a shift from traditional trade towards deeper integration in investment, technology, logistics and digital commerce. The announcement was made at a forum marking 25 years of the India SL FTA (ISLFTA), where the launch of a dedicated India Trade Desk more..

Listed company earnings contract for third straight quarter

Jun 24 (FT) Aggregate earnings of 271 listed companies declined 11.4% year-on-year (YoY) in the March 2026 quarter, marking a third consecutive quarter of earnings contraction. The investment research firm said reported earnings were heavily influenced by large one-off gains and losses, particularly within the Food, Beverage and Tobacco sector, masking stronger underlying profitability trends across several sectors. more..

Netball selection drama overshadows Asian Cup preparations

Jun 24 (ST) A selection controversy has rocked Sri Lanka netball ahead of the 14th Asian Netball Championship, which will be held in Hong Kong from Aug 7 to Aug 16, at the newly developed Kai Tak Sports Park. The storm brewed after a sharp disagreement between national coach Somitha de Alwis and selection committee Chairperson Padma Beddawela over the inclusion of teenage star Thumalka Ekanayake in the national squad. Despite strong objections from the coach, selectors more..

Harsha welcomes decision to retain VAT threshold at Rs. 60 million

Jun 24 (AD) The Chairman of the CoPF, MP Dr. Harsha de Silva has welcomed the decision by the govt to withdraw its proposal to lower the VAT registration threshold, allowing businesses with annual turnover below Rs. 60 million to remain outside the VAT net. The decision follows weeks of criticism from business groups, tax professionals and opposition lawmakers, who argued that the move would have placed an additional burden on small and medium-sized enterprises at a time more..

ශ්‍රී මහා බෝධිය වැඩමකළ රන් පාත්‍රය...

WI Emerging team wins series opener against Sri Lanka

Jun 24 (DN) Damel Evelyn (77n.o) and Kevlon Anderson (58) made superb knocks to add 110 runs fourth wicket stand as West Indies Emerging team record 2 wickets win with 5 overs to spare in their first ODI against SL Emerging team at SSC grounds yesterday. This game was initially scheduled for Monday but it was called off due to rain. However yesterday’s game was reduced to 36 overs per side and started at 12.30 pm. SL Emerging team invited to bat first scored 184 all out in 33.4 overs. more..

Digital betting trap tightens grip on local youth

Jun 24 (ST) The rapid, unchecked proliferation of online betting advertisements has triggered a severe socio-economic crisis among Sri Lanka’s youth, high school students, and children, even in the wake of transforming gambling landscape into a highly regulated investment sector. As highlighted in recent Committee on Public Finance (COPF) sessions by Chairman Dr. Harsha de Silva, the aggressive, predatory nature of these marketing campaigns has effectively normalised digital gambling. more..

BIA arrivals see red: Customs Dept struggles with single scanner for green channel

Jun 24 (ST) The Customs Department has only one X-ray baggage scanner for its green (nothing to declare) channel at the BIA—the lane through which most arrivals pass—and this causes long delays for passengers leaving the building whenever officers pursue smuggling tips, which have recently increased in number. The most common tips are for gold, mobile phones, drugs, and cigarettes, Customs source said, more..

USJ’s Veenath Indrajith wins 2026 Saman Kelegama Memorial Research Grant

Jun 24 (FT) Veenath Indrajith, a fourth-year undergraduate from the Department of Business Economics at the Uni of Sri Jayewardenepura (USJ), has been selected as the winner of the Dr. Saman Kelegama Memorial Research Grant for 2026. Indrajith’s academic and professional interests lie in economics, finance, investment, and policy-oriented research. In addition to his undergraduate studies, he is currently pursuing the Chartered Accountancy qualification in Sri Lanka, more..

Sri Lanka, Thailand eye FTA-led trade boost as Business Council marks 25 years

Jun 24 (FT) Sri Lanka and Thailand are looking to leverage the recently concluded SL–Thailand Free Trade Agreement (SLTFTA), stronger business-to-business engagement, and their strategic positions as gateways to South and Southeast Asia to significantly deepen bilateral trade and investment ties, speakers said at the Silver Jubilee celebrations of the SL–Thailand Business Council. Marking its 25th anniversary, Council brought together govt officials, diplomats & business leaders more..

T20 WC: Athapaththu ton revives Sri Lanka's semi-final hopes

Jun 24 (CI) A merciless 106 off 61 balls from captain Chamari Athapaththu sent Sri Lanka scorching to the target of 131 with 27 balls and nine wickets to spare against Ireland. Athapaththu's fourth T20I hundred was her first in World Cups, and was brutal from start to finish. She had begun the innings with a scintillating boundary through cover, and finished it with an equally domineering stroke through the same region. more..

Forest cover loss threatens rare freshwater fish in Sinharaja streams

Jun 24 (Island) When discussions turn to SL’s freshwater fish diversity and the urgent need to conserve it, attention is often focused on rivers, streams, reservoirs and water quality. Yet scientists are increasingly finding that what happens on the land surrounding these waterways can be just as important as what happens in the water itself. A recent study led by researcher Janamina Bandara of the Wildlife Conservation Society, Galle, together with researchers Sudath Nanayakkara and more..

Democratic rights crushed under a juggernaut

Jun 24 (Island) JVP-NPP govt yesterday did not scruple to deprive the Opposition of an opportunity to debate some vital issues affecting the judiciary, in Parliament. The Opposition made a request to the Speaker, under Standing Orders, for a debate on the vacancies numbering four each in the Supreme Court (SC) and the Court of Appeal (CA) and an alleged move to raise the retirement ages of the SC and CA judges. But the govt raised objections and put paid to the Opposition’s efforts, more..

 Sri Lanka in West Indies