Jun 21 (ST) SL’s capital market regulator has entered a historic settlement with an investor for Rs. 188.1 million on market manipulation, representing the largest settlement sum in the commission’s history which was enabled under SEC Act, No. 19 of 2021. Industry sources said this penalty was imposed under Market Misconduct Part 5 offences of the Act. Under the settlement reached, the authorities are not more..

Jun 21 (Island) CEAT Kelani Holdings has been adjudged the Best Tyre Manufacturer in the Component Manufacturer Category at the country’s inaugural Automobile Industry Awards presented by the Automobile Industry Council (AIC) of SL, in a significant endorsement of the company’s leadership in the country’s fast-evolving vehicle assembly sector. The awards were presented at Temple Trees at a ceremony attended by govt ministers, senior public officials, industry leaders and more..

Jun 21 (TM) Sri Lanka’s tourism sector has staged a strong recovery from a disruption-hit start to the year, with May tourist arrivals outpacing global and regional peers, according to the SLTDA. SLTDA Chairman Buddhika Hewawasam revealed that tourist arrivals in May had increased by around 10% Year-over-Year (YoY), amounting to over 10,000 more tourist arrivals compared to May 2025. He further stated that when considering the improvement in tourist arrivals to the country more..

Jun 21 (SO) The World Bank Group has committed up to US$1 billion in concessional financing over the next three years to support SL’s development goals, according to the new Country Partnership Framework (CPF) for 2026-2030. Its private sector arm, the International Finance Corporation (IFC), also plans to provide and mobilise over US$1 billion in investments over the next five years. The framework highlights that Sri Lanka faces a critical employment challenge over the coming more..

Jun 21 (TM) Concerns raised by the US over forced labour in supply chains are beyond SL’s control, according to Govt officials who cite the country’s heavy dependence on imported raw materials as the principal reason for the issue. EDB Chairman Mangala Wijesinghe revealed that a decision on the exact steps SL would take to address the concerns raised by US Trade Representative (USTR) over the country’s alleged failure to adequately prohibit imports produced using forced labour had not more..

Jun 21 (Island) As SL struggles between its own loyalties between the three superpowers under question, it would be pertinent that it reaches the ground realities as the world polity has reached following the Middle Eastern crisis and play its cards accordingly. As the US-Iran MoU takes effect this week, US official lifting of the naval blockade meant that, by Friday, ships had begun moving freely through the controversial Strait, signalling more..

Jun 21 (Island) Due to the Marxist heritage of the NPP, the two expectations that swept them into power, with the votes of the poor, was that corruption will be eliminated, and that urgent plans will be executed to make the poor less poor. Whilst there has been commendable progress in attacking corruption, still no signs of longer term strategies to make the poor less poor. The problem that creates this scenario ,is the well entrenched economic model that governs the economy . more..

Jun 21 (Island) Global oil prices are falling thanks to the US-Iran peace deal. No sooner had US President Donald Trump and Iranian President Dr. Masoud Pezeshkian signed a framework for peace than some Opposition politicians in Sri Lanka began demanding fuel price reductions. The JVP-NPP government, which allegedly increased the prices of fuel stocks procured before the eruption of the West Asia conflict, has ignored the demand for fuel price decreases. more..

Jul 21 (ST) My dear Gota maama, I am writing to you now because suddenly, people have begun talking about you again, although not for the best of reasons. This is despite you effectively retiring from politics nearly four years ago, when you were forced to flee through the backdoor of President’s House while a mob was at its gates. In fact, it seems to be a bad time, as they say in astrology, for anyone connected to you. Yo baby was arrested and released on bail with someone querying more..

Jul 21 (TM) One of the most powerful promises that carried the NPP to office was its pledge to fundamentally change the culture of governance in Sri Lanka. At the heart of that promise was a commitment to accountability, transparency, and an uncompromising crackdown on corruption. However, a series of developments over the past week has raised disturbing questions about whether the NPP Government remains committed to the principles that brought it to power. more..

Jul 21 (TM) Despite facing a series of domestic and international challenges, President AKD and his JVP-NPP administration have overseen a notable improvement in economic performance during the first quarter of 2026. The country’s economy expanded by 5.1% in the first quarter of 2026, up from 4.8% recorded during the same period in 2025, according to official figures. This represents the strongest first-quarter more..

Jul 21 (CT) Despite India’s strength in the geopolitical spectre, its engagement with Washington on the sidelines of the recently concluded G7 Summit earlier this week proved New Delhi troubled. With neither a much anticipated trade deal between and a possible statement of a visit to the upcoming Quad Summit that India is hosting; by the US in the offing, the relationship between the two strategic partners was left much in the hanging. It was also obvious that the Modi Premiership more..

Jul 21 (CT) During the final phase of the Yahapalana govt (govt for good governance), the Ranil–Mangala duo proposed that SL’s economy should be placed under long-term management according to the formula prescribed by the IMF. However, not only did this economic policy fail to reverse the downturn that had emerged around 2016, it also created a disastrous situation for the majority of the population. The net result of implementing the package of economic policies jointly designed by more..

Jul 21 (ST) TForeign Affairs, Tourism and Foreign Employment Ministry has launched a new app to assist Sri Lankans employed overseas to lodge complaints directly to the ministry. All they would need is to enter their name, passport number and location to log in and make a complaint. Minister Vijitha Herath said that most Lankan workers complain that the SL missions do not act promptly to assist them when they are in need, more..

Jul 21 (ST) A severe dengue outbreak has placed SL’s health sector under strain. The busier public hospitals, such as the Colombo South Teaching Hospital in Kalubowila, are overflowing, with even urgent patients suffering on benches until elusive ward beds free up. Nurses, in particular, are stretching themselves thinly to cater to patient needs. Over 42,800 dengue cases and 27 related deaths have been recorded so far in 2026. Infections have surged by approximately 30% more..

Jul 21 (SO) The world breathed a collective sigh of relief as the US and Iran signed a historic MoU to end their conflict which began on Feb 28 this year. Right now, though, Israel seems to be the biggest obstacle to the nascent peace process, as it has continued attacks on Lebanon even after agreeing to their own (Israel-Lebanon) ceasefire. Iran had in any case linked Lebanon to the Iran-US ceasefire and any further escalation of Israeli Defence Forces action in Lebanon could derail peace process. more..

Jun 20 (FT) Govt has moved to tighten oversight of outward remittances linked to imports, introducing new regulations that require real-time reporting of import-related foreign currency payments to SL Customs and mandatory registration of importers before advance payments can be made. The measures, gazetted on 18 June under Imports & Exports (Control) Act, come amid investigations into alleged foreign exchange more..

Jun 20 (NW) Justice Minister Harshana Nanayakkara says excavation work at the Chemmani mass grave site in Jaffna is progressing successfully and that the necessary funds have been allocated to complete the process. Minister made the remarks during a visit today to inspect ongoing excavations at the Ariyalai Siththupathy Chemmani mass grave site. He stressed that the excavations should be completed as quickly as possible to ensure justice is served. more..

Jun 20 (Island) Opposition MP Dr. Harsha de Silva yesterday alleged that the actual tax burden on consumers was closer to 22%, despite the Govt’s claim that Value Added Tax (VAT) stood at 18%, due to the cascading impact of the Social Security Contribution Levy (SSCL). Dr. de Silva said the SSCL was imposed at several stages of the supply chain, including manufacturing, distribution, logistics and retail, with the additional costs ultimately being passed on to consumers. more..

Jun 20 (DN) PTA will be repealed and a new Bill will be brought for the sake of only preventing terrorism, not for the suppression of individuals or other parties and it will be presented in about two months, Justice Minister Harshana Nanayakkara said. Speaking during a discussion with representatives of civil society organizations and public representatives held at the Kilinochchi DS yesterday, he said that justice must be served more..

Jun 20 (NW) Sri Lanka’s Rumesh Tharanga produced another great performance of his career to win the men’s javelin event at the Doha Diamond League with a remarkable throw of 88.68 metres. Competing against a world-class field, Tharanga delivered the winning effort to finish ahead of Grenada’s Anderson Peters, who recorded 86.38m, and American Curtis Thompson, who threw 85.99m. India’s Olympic and world champion Neeraj Chopra finished fourth with a best throw of 85.69m. more..

Jun 20 (ST) The 132-year-old Nuwara Eliya main post office, which has attracted both domestic and foreign tourists, is currently undergoing conservation at a cost of Rs. 200 million. After Nuwara Eliya was named a holiday resort in 1828, British considered Nuwara Eliya as their motherland and built houses here. At a time when the institutions needed by the British were being gradually built, Sir Samuel Baker, who visited SL in 1846, started the first farm in Nuwara Eliya, of 1000 acres, in 1848. more..

Jun 20 (ST) Right to Information Commission (RTIC) has directed the NBRO to release information related to the granting of geotechnical clearance for a property developer to construct a multi-storey building on Sri Sambuddhathwa Jayanthi Mawatha, Colombo 05. The appellants, Dr Radheeka Abeyweera and Ms Thusitha Kumarakulasingham of Claessen Place, Colombo 05, had appealed to the RTIC after NBRO refused to release the information they had requested through an RTI more..

Jun 20 (FT) SL welcomed the MoU signed between US & Iran establishing an immediate ceasefire. “This ceasefire represents a significant step toward de-escalation and long-term regional and global stability, including through the reopening of the Strait of Hormuz and providing for a framework for the continuity of negotiations. SL strongly supports the peaceful resolution of disputes through diplomacy and remains optimistic that this step will foster sustainable peace across the region,” more..

Jun 20 (ST) The National Transport Commission’s failure to implement a formal price formula or review committee has left service providers vulnerable to seven rounds of fuel price increases. Domestic prices have been revised in response to surging global oil prices due to the war in West Asia. Global prices pulled back slightly this week to US$87 a barrel, reports show. SL has increased fuel prices seven times this year posing a challenge to more..

Jun 20 (FT) A unique collaboration between govt institutions, veterinary professionals, academia, and technology partners successfully enabled real-time digital health monitoring of Aloka, the much loved dog accompanying a group of Buddhist monks led by Pannakara Thero on their peace walk from Anuradhapura to Colombo via Kandy. The peace walk, undertaken as a symbol of compassion, harmony, and spiritual unity, drew significant public attention across the country. more..

Jun 20 (FT) SL’s largest printing, packaging and graphic communications exhibition commenced yesterday at BMICH. Organised by SL Association of Printers (SLAP), SL Print Expo 2026 brings together industry stakeholders, technology providers, manufacturers and policymakers at the SL Print Expo 2026, as the sector seeks to accelerate technological adoption, sustainability and industry-wide competitiveness while enhancing opportunities for micro, small & medium enterprises more..

Jun 20 (FT) Colombo stock market yesterday ended the week in red, ending a two-session positive run. During the week, ASPI gained 3.35% and the S&P SL20 was up 3.12% Yesterday, negative contributors to the ASPI outweighed gainers with 139 counters closing in red and 70 in green, with the ASPI ending down 0.33% or 74.83 points at 22,361.31 and the S&P SL20 falling 0.18% or 11.48 points to 6,215.30. Market turnover was nearly Rs. 1.9 billion on over 75.7 million shares traded. more..

Jun 20 (ST) Sri Lanka Life Saving (SLLS) has urged the public to prioritise safety measures to reduce water-related accidents, following a recent spate of drowning incidents. SLLS Chief Secretary P.K. Edirisinghe said that a majority of drowning incidents occur due to carelessness and a lack of awareness regarding water safety. Two tragic accidents were reported recently, underlining the importance of public awareness and life-saving skills to reduce fatalities. more..

Jun 20 (FT) COPF has approved two sets of rules issued under the Central Bank of SL Act, while raising concerns over gaps in public debt data publication, delays in govt securities market reporting and the accuracy of tourism earnings estimates. The approvals were granted at a meeting chaired by COPF Chairman Dr. Harsha de Silva on 9 June, with CB Governor Dr. Nandalal Weerasinghe and other officials in attendance, more..

Jun 20 (ST) The Alumni Association of the SL Law College has launched a trust fund aimed at providing financial assistance to economically disadvantaged law students, setting an initial target of raising Rs. 50 million to ensure that financial hardship does not prevent deserving students from qualifying as lawyers. The Trust Fund, formally established in March, is the first structured and permanent mechanism in the institution’s more than 150-year history through which more..

Jun 20 (DN) Opener Avishka Fernando continued his excellent form, scoring his second century of the series, while left-arm paceman Dulaj Samuditha claimed impressive figures of 5 for 25 to guide SL A to a 103-run victory over Afghanistan A in their deciding tri-series match at Dambulla yesterday. With this win, SL A qualified for the final. Avishka, who struck 108 in the previous match against Afghanistan A, once again anchored the innings with a superb 110 off 97 balls, more..