Jul 3 (FT) Although Sri Lanka has restored macroeconomic stability and completed its sovereign debt restructuring, international investors continue to demand yields well above US Treasury benchmarks to hold the country’s debt, signalling that investors have yet to price in Sri Lanka’s economic stabilisation, Advocata Institute CEO Dhananath Fernando said yesterday. Delivering the keynote address at CA Sri Lanka’s 5th Annual Economic and Tax Symposium,
more..
The significance of Control in foreign relations
Jul 3 (Island) Foreign Relations are all about Control particularly in the context of Relations between Major Powers such as the USA, China and India and small sovereign States such as Sri Lanka. While in the case of such relations, benefits to both parties are inevitable, the need to do so is invariably driven by the national interests of the Major Powers because their interests far outweigh those of small States. This mismatch of interests is what calls for Control of relations
more..
Emergency gone, much more to be done
Jul 3 (Island) JVP-NPP govt has decided to allow the Emergency regulations to lapse. This is something welcome, but it should have been done months ago. Better late than never. The govt has apparently made a virtue of necessity. It incurred public opprobrium and came under heavy pressure to end the protracted state of Emergency, which was declared in the aftermath of the landfall of Cyclone Ditwah towards the end of last year to facilitate disaster management and relief operations.
more..
කවුද ඒ ජනපති පුතා
The illusion of relief
Jul 3 (TM) The recent announcement of a reduction in fuel prices by the CPC should have been a moment of collective respite for the consumer. The reduction of Auto Diesel by Rs 25 per litre and Petrol 92 Octane by Rs 20 per litre comes as a direct consequence of falling global oil prices, finally reversing the relentless upward trajectory triggered by the outbreak of war in Iran. Yet, instead of celebration, the public reaction has been one of cynicism.
more..
Auditing the auditors!
Jul 3 (ST) Ethics, governance, transparency, accuracy, accountability and add – sustainability: you are looking at some of the new buzz words claimed by most businesses as they profess a cleaner and more honest engagement with the public-at-large. It is in this context that we must examine the high-end, non-stopping drama and embarrassment that has rocked the global accounting world; KPMG fallout in Australia that has led to a string of resignations and warning from regulatory bodies after
more..
Jul 3 (TM) Sri Lanka has long been recognised for its remarkable achievements in education and health. Free education and healthcare, and high literacy rates have enabled the country to achieve social indicators that surpass many Nations with a similar economic status. Yet, beneath these successes lies a silent crisis that threatens the future of the country's education system and its human capital development.
more..
Future against stroke
Jul 3 (DN) You and I have not gone to medical school. But most of us have a basic understanding of health and medicine. We know enough to lead a healthy lifestyle. But the rest is Greek to us. But what I do know is that our doctors have their skills. They have expertise. So, we can invest in medical breakthroughs. Recently the Uni of Kelaniya convened a high level multi-sectoral dialogue to discuss how Sri Lanka can translate a globally recognised medical research breakthrough into routine clinical practice,
more..
The post-war Sri Lankan state: Some reflections – Part 2
Jul 3 (GV) What follows is an account of the Sri Lanka state at present. I would like to characterise the present SL state as a post-war state. In 2009 the military strategy started in 1979 succeeded in consolidating the territory of the centralised state after 30 years. Prior to that it was a fractured state. It did not fully control the war-affected areas in the North and East. The central state could not carry out the basic functions of a state such as a regular census.
more..
Disaster preparedness and management: Why Sri Lanka needs to get communication right
Jul 3 (TM) SL has experienced some of the worst natural disasters in its history over the past two decades and is highly vulnerable to extreme weather and climate-related events. Indian Ocean tsunami, triggered by a massive undersea earthquake off Indonesia on 26 Dec 2004, claimed more than 30,000 lives in SL and displaced thousands of people. The disaster prompted the country to strengthen its disaster management framework, early warning systems & emergency response mechanisms.
more..
From post-bankruptcy to resilient growth
Jul 3 (SO) The ghosts of SL’s 2022 economic collapse still haunt the corridors of our policymaking institutions. The catastrophic cocktail of depleted foreign exchange reserves, Sovereign Default, hyperinflation, and acute shortages of fuel and other essential goods served as a brutal wake-up call. It laid bare the foundational structural weaknesses of an economy that had survived for many decades on borrowed time and borrowed capital. Today, as the country inches along a fragile path of stabilisation,
more..
More arrests would lead to do-or-die elections
Jul 3 (DM) The main Opposition, SJB has to be vigilant about its members since three of its prominent members thus far have been accused of having links with the underworld in the recent past. First, Chairman of the Weligama PS, Lasantha Wickramasekara who was elected to the said body on behalf of the SJB, was shot dead on October 22 last year. He was accused of having associated with the underworld. Six court cases were being heard against him when he was shot dead in his office, and
more..
සංවර්ධනයට දායකවන බදු ගෙවන්නා
Govt to introduce tougher dog population control measures
Jul 2 (DM) The Govt is set to strengthen dog population control and tighten measures to eradicate rabies after the Cabinet of Ministers approved the publication of the Rabies Eradication and Dog Registration Bill ahead of its presentation to Parliament. The proposed legislation will consolidate the existing Rabies Ordinance (Chapter 476) and the Dog Registration Ordinance (Chapter 477) into a single legal framework aimed at improving the prevention and control of rabies across SL.
more..
Vehicle importers urges reforms to ease vehicle import process
Jul 2 (DM) Vehicle Importers Association of SL (VIASL) Vice President Arosha Rodrigo today requested the govt to introduce necessary policy adjustments to ensure smoother operations in the sector and to support both importers and buyers. Hee said vehicle importers have called on authorities to revise existing policies related to vehicle financing and import procedures, stating that current regulations are affecting both market efficiency and customer access to vehicles.
more..
Sri Lanka intensifies fight against dengue and the mosquitos that cause the infection
Jul 2 (MB) Niroshan Peters, 54, a resident of Dematagoda, a densely populated suburb in Colombo, has no option but to live and work in an environment frequently polluted due to careless waste disposal. He blames authorities for not having an effective waste management system, which results in people getting exposed to unhygienic environments. “Last week, workers from the CMC came to fumigate this area
more..
Pakistan Defence Secretary arrives in SL
Jul 2 (DM) Secretary of the Ministry of Defence of Pakistan, Lt General (Retd) Muhammad Ali, arrived in SL on Wednesday for an official visit to participate in the 6th Pakistan–SL Armed Forces Defence Dialogue. The visiting Defence Secretary and his delegation were welcomed at BIA by Additional Secretary of SL's Ministry of Defence, Harsha Vithanaarachchi, along with senior officers of the SL Air Force and SL Navy and officials from the High Commission of Pakistan in SL.
more..
SL courts face over 1 million-case backlog
Jul 2 (DM) SL’s justice system is under strain, with more than 1.1 million cases pending nationwide, exposing a severe mismatch between caseload and court capacity, SC Justice Yasantha Kodagoda said. Speaking at an event, Justice Kodagoda said the sheer volume of pending litigation is placing extraordinary pressure on a court system that operates with limited resources across all levels. He noted that the backlog is spread across just 333 courts islandwide, ranging from magistrate
more..
Sri Lanka braces for strong El Niño with 63% probability
Jul 2 (DM) While saying that Sri Lanka is currently in El Niño conditions, Additional Director General of the Dept of Meteorology Ajith Wijemanne said SL faces a 63% probability of a strong El Niño and a 33% probability of a weak El Niño. He said that the country could face a series of extreme weather events, including below-normal rainfall, flooding and drought over the coming months. Accordingly, the country is
more..
Sampath Bank wins 3 awards at World Finance
Jul 2 (EN) Sampath Bank has won the titles of SL’s Best Retail Bank, Best Commercial Bank, and Best Corporate Governance – SL 2026, at the World Finance Banking Awards 2026. Presented by UK-based World Finance magazine, the awards recognise institutions that demonstrate excellence in performance, innovation, leadership, customer value, long-term sustainability and governance. This is the 12th year that Sampath Bank has been named both SL’s Best Retail Bank and
more..
Govt warns of legal action against unregistered elderly care homes after...
Jul 2 (AD) National Secretariat for Elders has announced that all unregistered elderly care homes must complete their registration by Sept 30, 2026. Director of the Secretariat, K. Chathura Mihidum, stated that a nationwide survey is currently underway to collect information on unregistered elderly care homes. He urged elderly care home operators who have not yet provided their details to complete the Google Form issued by the Secretariat and submit the required information.
more..
පදක්කම් අභිමානය
2nd Test: SL’s XI set for major shake-up
Jul 2 (NW) SL have been forced into making at least two changes to their playing XI for the second and final Test against the West Indies, with Newswire confirming that Pathum Nissanka and Lahiru Kumara have both been ruled out through injury. Opener Pathum Nissanka has travelled to London to undergo wrist surgery, while fast bowler Lahiru Kumara has been sidelined after suffering a hamstring injury during the first Test. Lahiru Udara is the frontrunner to replace Nissanka at the top
more..
Arachchige hits 83* as India A toil in Galle
Jul 2 (CI) Fast bowler Yash Thakur and offspinner Saransh Jain shared four wickets for India A while SL A captain Sahan Arachchige made an unbeaten 83 on an opening day where honours were shared in the second four-dayer in Galle. Gurnoor Brar, the tall fast bowler from Punjab who recently made his ODI debut, picked up the only other wicket to fall. B Sai Sudharsan, who had retired hurt in the second innings in the first four-dayer, was passed fit for this game. After India A opted to bowl,
more..
Heroic SLAF mission saves 14 lives after deadly attack in Africa
Jul 2 (NW) A Sri Lanka Air Force (SLAF) aviation unit deployed with the United Nations Multidimensional Integrated Stabilization Mission in the Central African Republic (MINUSCA) successfully carried out an emergency casualty evacuation (CASEVAC) mission after an armed attack left multiple people injured. The mission was launched after troops from the Zambian Battalion came under attack while conducting a patrol in
more..
Sri Lanka urged to set clear technical frameworks for renewable growth
Jul 2 (EN) As SL scales renewable and storage capacity, clearly defined technical standards and frameworks are essential to ensure system reliability and investor confidence, speakers at an energy security forum have said. Ceylon Chamber of Commerce hosted the discussion on Energy Transition in SL: Strategic Insights from Global Markets, bringing together the public and private sectors to examine opportunities and challenges in the country’s evolving energy landscape.
more..
Ven Narampanawe Ananda Thero appointed Chancellor of Kelaniya University
Jul 2 (DN) Most Venerable Narampanawe Ananda Thero, Deputy Chief Prelate of the Asgiriya Chapter of the Siam Maha Nikaya, has been appointed as the new Chancellor of the University of Kelaniya. The appointment was made by Prez Anura Kumara Dissanayake, with effect from today. The official letter of appointment was handed over to the Thero by the Secretary to the President, Dr. Nandika Sanath Kumanayake, during a meeting held at the Presidential Secretariat this afternoon.
more..
Gammanpila explains why Suresh Sallay should not hand over his passwords
Jul 2 (NW) PHU leader Udaya Gammanpila today outlined four reasons why former SIS Director Suresh Sallay should not be compelled to disclose the passwords to his mobile phone and computer. Gammanpila said that while he respected the recent court order directing Sallay to provide the passwords to investigators, he disagreed with the decision and expected Sallay’s legal team to challenge it.
more..
National Institute of Health Sciences celebrates a century of revolutionizing...: PM
Jul 2 (Island) National Institute of Health Sciences (NIHS), Kalutara, the premier national training institution for public health in Sri Lanka, on Wednesday officially inaugurated its historic Centenary Congress, commemorating 100 years of dedicated service to the nation (1926– 2026). The grand celebration, held at the NIHS Auditorium in Kalutara, marked a century of pioneering achievements that have contributed significantly to strengthening SL’s public health system.
more..
Govt launches El Niño task force,orders two-week preparedness plans
Jul 2 (FT) Govt has launched a coordinated national response to the anticipated El Niño climate phenomenon, directing key ministries to prepare comprehensive contingency plans within two weeks as authorities seek to safeguard food security, water resources and energy supplies. Special Cabinet Subcommittee and the Officials’ Committee established by Prez Anura Kumara Dissanayake to oversee El Niño preparedness held their inaugural meeting yesterday at the Prez Secretariat
more..
Gune Aiyage Kamare
Agri Taste 2026 to showcase nutritious local food products in Gannoruwa
Jul 2 (Island) Department of Agriculture is scheduled to host Agri Taste 2026, a two-day exhibition and sales fair promoting nutritious food products made from SL agricultural crops, at the Agriculture Complex in Gannoruwa on July 3 and 4. The event, themed The Pride of SL Nutrition, will be held from 4 pm to 10 pm on both days along the road in front of the Agriculture Complex. It aims to popularise quality, nutritious foods prepared using locally grown crops and encourage greater
more..
Visual and Performing Arts University closed temporarily over dengue outbreak
Jul 2 (NW) The Uni of the Visual and Performing Arts in Colombo has been temporarily closed due to a rapid increase in dengue cases, Deputy Minister of Education Dr. Madhura Seneviratne has said. He said the decision was taken as a precautionary measure after 36 students were diagnosed with dengue, while several others were reported to be suffering from a viral fever. All academic activities and examinations have been postponed, and university hostels have also been closed.
more..
Sri Lanka condominium sales drop 15.2% in 2026 1Q: CB
Jul 2 (EN) SL’s condominium sales decreased by 15.2% during the first quarter of 2026, from a year ago, according to a condominium market survey. “Condominium Property Sales Volume Index, which covers the Colombo District and other major cities, recorded a year-on-year decrease of 15.2%,” the CB said. Its real estate market analysis noted that during 2026 Q1, Price Index for New Condominiums within
more..
India to tour SL for two-Test series in August
Jul 2 (CI) Galle and Colombo will host India's two forthcoming Tests in Sri Lanka, between August 15 and 27. Although the Sinhalese Sports Club ground recently had floodlights installed, this series will not feature a day/night match - both games set to start at the usual time of 10am. This will be India's first Test tour of the island in nine years, their last trip having been in 2017. India have won five consecutive Tests in Sri Lanka, and have not lost a series there since 2008.
more..
'No water tariff hike for next 6 months'
Jul 2 (NW) The govt has decided not to increase water tariffs during the next six months, despite prevailing economic pressures, Minister of Water Supply Susil Ranasinghe announced. He explained that although water tariffs are reviewed every six months under the annual procedure, no revision was made in the first half of the year, and rates will remain unchanged from July 1 to Dec 31. Minister cited the absence of major additional expenditure for water purification as a key reason.
more..