Sep 5 (FT) The Colombo stock market rallied yesterday to end the week on a strong note with both indices gaining over 1% during the session. During the week, ASPI gained 1.42% or 304.53 points and the S&P SL20 was up 0.89% or 53.58%. During yesterday’s session, with 175 counters ending in green against 57 in red, the ASPI was up 1.05% or 225.33 points at 21,620.44 and the S&P SL20 was up 1.06% or 63.67 points at 6,058.92. The top contributors to the ASPI were
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Power vs Equality
Sep 5 (Island) CIABOC yesterday arrested SLPP MP Namal Rajapaksa in connection with a probe into an alleged Rs.100 million bribe linked to an airbus deal. It also took into custody former Minister Johnston Fernando over an investigation into an allegation that he arbitrarily cancelled a properly awarded contract and procured chairs from a company of his choice for the Polgolla Mahinda Rajapaksa Auditorium thereby causing a loss of Rs. 7.4 million to the state. Rajapaksa was
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15,000 northern homes benefit from Lanka’s first large-scale desalination plant
Sep 5 (ST) For decades, families across the Jaffna peninsula and surrounding islands have relied on wells and rationed pipe schemes for water that was often salty, hard, or unsafe to drink – a daily reality shaped by the region’s thin rainfall and absence of any river or reservoir. However, this reality changed with the construction of a Sea Water Reverse Osmosis (SWRO) desalination plant at Thalaiyadi, as part of the Jaffna-Kilinochchi
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Sri Lanka’s rice conundrum: Time to stop managing crises and start fixing the system
Sep 5 (Island) Rice is not merely another crop in Sri Lanka. It is our staple food, an integral part of our history and culture, and a foundation of the civilisation that flourished around our ancient hydraulic systems. Revered as Buddha Bhogaya, the Buddha’s crop, rice has sustained our people for more than two millennia. Yet, remarkably, a country with such a profound relationship with rice continues to lurch from one rice crisis to another. At one time, we have a surplus.
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Jaffna digital payments drive promotes LANKAQR adoption
Sep 5 (DN) A special 2-day digital payments promotion programme aimed at expanding the use of digital financial services was successfully conducted in Jaffna recently, bringing together Central Bank of SL (CBSL), LankaPay (Pvt) Ltd and 16 participating financial institutions. Held under the theme Shaping the Future Through Digital Payments, the programme focused on increasing public awareness of digital payment services and providing assistance to consumers on how to
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සාක්ෂිකරුවෙක්ට මරණ බියලු!
What produces economic growth — and what does economic growth produce?
Sep 5 (FT) Economic growth must be one of the most frequently used phrases in public discourse today. Politicians promise it, economists measure it, the media celebrates or laments it, and the people wait for it. But what exactly is economic growth? In simple terms, economic growth is the increase in a country’s output or income from one year to the next, usually measured through the growth of Gross Domestic Product (GDP) or Gross National Income (GNI).
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Are we watching Economic Transformation Act closely enough?
Sep 5 (FT) There is an aspect of the management of our national economy which, in my view, deserves far greater public attention than it is receiving today. Much of the current public debate is understandably occupied with immediate political controversies, administrative disputes and other day-to-day issues. But behind all these matters lies a much more fundamental question: Where has Parliament legally directed the SL economy to go, and are we doing enough today to ensure that we get there?
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What the earth reveals at Anaikoddai
Sep 5 (DN) The archaeological excavation at Anaikoddai in the Jaffna Peninsula began in July 2026. It was led by Senior Professor of Archaeology Senior Lecturer Sivarubi Sachitharan Somadeva of the Postgraduate Institute of Archaeology (PGIAR), Univ of Kelaniya, and Senior Lecturer in Archaeology Sivarubi Sachitharan of the Uni of Jaffna. The excavation was the third conducted at Anaikoddai.
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El Nino: What is in store?
Sep 5 (DM) El Niño has once again begun to figure prominently in international weather and climate discussions. For SL, however, it should not be treated merely as another international weather phenomenon. It could have direct consequences for agriculture, water availability, electricity generation, food prices and the livelihoods of thousands of people. According to forecasts, El Niño conditions are already present and are expected to strengthen in the coming months.
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The Presidency AKD promised to abolish—And chose to keep
Sep 5 (CT) When Anura Kumara Dissanayake and the NPP sought the people’s mandate in 2024, they did not campaign merely to replace one collection of politicians with another. Their appeal rested upon a much more ambitious proposition: that Sri Lanka required a fundamental transformation of its political culture, institutions and constitutional order. The promise of system change was therefore not an ornamental slogan. It was the moral foundation of the NPP’s campaign.
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Peradeniya Uni Science Faculty: The crucible of scientific excellence
Sep 5 (TM) Nestled beneath the majestic Hanthana mountain range and beside the flowing Mahaweli River, Peradeniya University’s Science Faculty offers something increasingly rare in modern higher education: the opportunity to pursue rigourous science in one of SL’s most inspiring academic environments. Here, a distinguished academic heritage is combined with modern research, interdisciplinary learning,
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Truth, enforced disappearances and the limits of reconciliation
Sep 5 (GV) 17 years after the guns fell silent, thousands of SL families still cannot answer the most basic question about a missing relative: what happened? That unanswered question exposes the distance between ending a war and building peace. The decisive question is no longer simply whether Sri Lanka has prevented a return to organised warfare. It is whether the country has confronted the human suffering, institutional failures and political inequalities that the war left behind.
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When the pillars of democracy clash, democracy suffers
Sep 5 (TM) Democracy rests on three essential pillars — the Executive, the Legislature and the Judiciary. They have different Constitutional responsibilities, but none exists in isolation. Their relationship must be one of checks and balances, mutual respect and Constitutional restraint, not confrontation. Unfortunately, a debate arose on the powers of the three pillars when the Govt decided to bring in the 22nd Amendment to the Constitution in haste, without allowing a national debate.
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ආණ්ඩුවේ අවුරුදු 2 ක ප්රගති වාර්ථාව
Sri Lanka may experience hotter, drier conditions in early 2027 amid El Niño
Sep 4 (DM) SL may experience changes in rainfall patterns and rising temperatures in the coming months as El Niño conditions develop, Met Dept Director General Ajith Wijemanna said. Dept expects temperatures to increase during February, March and April 2027, while rainfall could remain below normal during this period. As a result, relatively dry weather conditions may prevail across several parts of the country. The impact of rising temperatures could also be felt more strongly during
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From Krrish to SriLankan: How many times has Namal been arrested?
Sep 4 (NW) SLPP National Organiser and MP Namal Rajapaksa’s arrest by the Bribery Commission on Friday marks at least the fourth time he has been arrested since 2016, according to a review of previous reported arrests. Rajapaksa was arrested by the CIABOC on Sept 4, after being questioned for more than five hours. The investigation relates to an alleged bribery incident linked to a transaction involving the acquisition of wide-body aircraft for SriLankan Airlines.
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Govt has proved it is not anti-business; tax relief eyed for 2027: Bimal
Sep 4 (NW) Minister Bimal Rathnayake says the govt has proved that it is not anti-business, despite concerns and criticism expressed before the administration came to power. He said various claims had been made about the govt’s economic approach before it took office, including suggestions that it would be hostile towards the private sector and businesses. However, he said the situation had changed, with a large section
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UNP condemns Namal Rajapaksa’s arrest
Sep 4 (NW) UNP has strongly condemned the arrest of SLPP MP Namal Rajapaksa, by the CIABOC. UNP said the arrest appears to be aimed at sabotaging a public rally organized by the SLPP, which is scheduled to be held in Anuradhapura on Sept 12, under the leadership of Namal Rajapaksa. Party also said it must be recognized that Namal Rajapaksa, as the SLPP’s National Organiser, has the same democratic right as NPP leader Anura Kumara Dissanayake to travel around
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U.S. maritime chiefs to visit Sri Lanka
Sep 4 (DM) U.S. Federal Maritime Commission (FMC) Chairman Laura DiBella and FMC Commissioner Robert J. Harvey will visit Sri Lanka September 6–10 to advance US-SL cooperation on maritime trade, investment, and the shipping networks connecting American businesses and consumers to markets across the Indo-Pacific. During her visit, Chairman DiBella and Commissioner Harvey will meet with senior SL govt and maritime leaders. Chairman DiBella
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Selectors provided with total independence: Sangakkara
Sep 4 (TM) Kumar Sangakkara says that the controversial selection of wicket-keeper batter Niroshan Dickwella for the recently concluded two-Test series against India, was a decision made independently by the Kapila Wijegunawardene-led selection committee. "The selection committee is entirely an independent body,” Sangakkara, 48 told reporters, following his maiden interaction with the local press corps, since becoming a member
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Committee reviews police measures to combat cybercrime and online fraud
Sep 4 (NW) Ministerial Consultative Committee on Public Security and Parliamentary Affairs has reviewed measures being taken by police to tackle cybercrime, illegal online gambling and financial fraud. The committee, chaired by Minister Ananda Wijepala, met in Parliament on Aug. 21, with officials outlining steps taken to block websites linked to illegal gambling and other unlawful activities. Officials said legal action has also been taken against foreign nationals allegedly
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Public Finance Committee reviews 2027 Budget estimates of National Audit Office
Sep 4 (NW) The Committee on Public Finance turned its attention to the 2027 budget estimates of the National Audit Office, holding detailed discussions on modernising audit processes, retaining skilled staff, and strengthening oversight of state institutions. With Chairman MP Harsha de Silva absent, the meeting was chaired by MP Ravi Karunanayake, appointed temporary chairman under standing orders. Deputy Ministers Chathuranga Abeysinghe, Nishantha Jayawira, and
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COPF: අද රවී මුලසුනේ..!
President wants Fashion Designers to create Sri Lanka Police’s New Uniform
Sep 4 (NW) Prez Anura Kumara Dissanayake says the government plans to introduce a new uniform for SL Police by the middle of 2027 as part of broader efforts to modernize the service. The President said discussions have already taken place with the IGP on changing the existing police uniform to better suit the requirements of a modern police service. He said the IGP has been instructed to engage a professional fashion design company to develop an appropriate new uniform.
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SL showcases landmark Anti‑Corruption Reforms at UN Forum in Vienna
Sep 4 (NW) SL’s sweeping anti‑corruption reforms were spotlighted on the opening day of the First Resumed Session of the 17th Implementation Review Group (IRG) at the UN Office on Drugs & Crime (UNODC) in Vienna. Delivering a keynote address, Justice Neil Iddawala, Chairman of the CIABOC, outlined the country’s transformative progress in legislative reform, digital transparency, and institutional strengthening. His remarks drew wide appreciation from int'l delegates,
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Police step up school drug searches; IGP calls on schools to seek police assistance
Sep 4 (DM) Steps are underway to conduct searches for narcotics in schools across the country, with IGP Priyantha Weerasuriya calling on schools to seek police assistance, including sniffer dogs and officers, in the fight against drugs among schoolchildren. IGP particularly urged parents and teachers to remain vigilant regarding the activities and behaviour of children. He said a proposal has also been submitted to national committee
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Police probe cops promoting drug business of Kudu Avishka operating from Dubai
Sep 4 (Island) Police Headquarters has launched an investigation into allegations that three policemen attached to the Kohuwala Police are receiving money and other benefits from a Dubai-based underworld figure to facilitate drug trafficking in the area. The probe commenced on Wednesday (Sept. 2), following complaints submitted to the offices of the President, the Minister of Public Security, the Secretaries to the Ministries of Defence and Public Security, and the IGP.
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Harini to headline SLEIS 2026 session on Sri Lanka’s digital future
Sep 4 (FT) PM Harini Amarasuriya will deliver the keynote address at a special session on Day 2 of the Sri Lanka Economic and Investment Summit (SLEIS) 2026 organised by The Ceylon Chamber of Commerce, titled Nation Building in the Digital Age, on 13 Oct at the Shangri-La Colombo. The session will examine how SL can use artificial intelligence, digital transformation, innovation and education to accelerate economic growth, improve productivity and build a knowledge-driven economy.
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Sajith, CLA President discuss judicial independence and constitutional reform
Sep 4 (NW) Opposition Leader Sajith Premadasa has called for a national dialogue on constitutional reform, saying Sri Lanka should consider establishing a dedicated Constitutional Court or another specialised mechanism to review constitutional matters as part of long-term institutional reforms. Premadasa made the remarks following a meeting with Commonwealth Lawyers’ Association President Steven Thiru
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Kotaleeya Bridge construction in Polonnaruwa nears completion
Sep 4 (NW) Construction of the Kotaleeya Bridge in Polonnaruwa is rapidly progressing, with authorities planning to complete the project by April next year. The bridge, located on the Maradankadawala–Habarana–Trincomalee main road at point 82/3 within the Dimbulagala Divisional Secretariat area, is being rebuilt as a concrete structure 13.4 meters wide and 60 meters long. The decision was taken due to safety concerns, with the project costing Rs. 251 million.
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Video: Former Minister Johnston Fernando produced before court
Sep 4 (AD) Former Minister Johnston Fernando, who was arrested by the CIABOC, has been produced before the Colombo Chief Magistrate’s Court. Johnston Fernando was arrested by CIABOC today in connection with an ongoing investigation. The former Minister had earlier arrived at the Bribery Commission to provide a statement. He was arrested over allegations that he caused a loss of approximately Rs. 7.9 million to the govt. According to the allegations, Fernando removed
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නාමල්වත් ගත්තා! අනුරාධපුර රැළියට...
SC to send confidential ruling on Anti‑Corruption Bill petitions to Speaker, Prez
Sep 4 (NW) Supreme Court has concluded hearings on petitions filed against the Govt’s proposed Anti‑Corruption Amendment Bill, announcing that its confidential determination on the constitutionality of the draft law will be forwarded to the Speaker of Parliament and the Prez. A total of 15 petitions were lodged challenging the Bill, which were examined over two days before a three‑judge bench comprising Justices Shiran Gunaratne, Mahinda Samayawardhena, and Sampath Wijeratne.
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CPSL condemns pursuit of military cooperation with NATO
Sep 4 (Island) Communist Party of SL (CPSL) has strongly objected to the Ministry of Defence’s statement on 1 September that Defence Secretary Sampath Thuyacontha has invited the North Atlantic Treaty Organisation (NATO) to engage and cooperate with Sri Lanka. CPSL General Secretary Dr. G. Weerasinghe has issued the following statement: “According to the Ministry’s official press release, Thuyacontha held discussions with senior NATO officials, including Admiral Guiseppe
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Sumanthiran condemns police and ministers over assault on families of missing persons
Sep 4 (Island) ITAK General Secretary M. A. Sumanthiran has condemned the actions of police during a recent confrontation with families of the forcibly disappeared in Jaffna, as well as the conduct of govt ministers who were present during the incident. Sumanthiran, said they strongly condemned the brutal ways in which police had manhandled relatives and mothers of forcibly disappeared persons at Jaffna DS.
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