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Ten years later, the SL Bond Scam rolls on unresolved

Jan 11 (ST) More than 10 years after the island nation’s most contentious financial crime was committed, the case of CB bond scam triggering losses running into billions of rupees remains unresolved. “This saga is like Erle Stanley Gardner’s Perry Mason series detective novel,” a senior economist said describing the episode as symptomatic of broader governance shortfalls that increase risk premia, lower investor trust. more..

Patience and stability the missing pieces in Sri Lanka’s T20 puzzle

Jan 11 (Island) The upcoming T20 World Cup, featuring 20 teams across a frenetic three-week carnival, has whetted appetites among fans, players and administrators alike. Scratch beneath the surface and the contenders fall neatly into three baskets. There are the heavyweights; Australia, England and India, with South Africa firmly in that front rank. Then come the dark horses: Pakistan, NZ and Afghanistan, sides capable of blowing hot and cold but dangerous on their day. more..

Netball election due on 22 Jan

Jan 11 (TM) The election of officebearers for the Netball Federation of SL (NFSL) for the 2026–28 term, which has been stalled since May last year, is set to get underway at the Sports Ministry premises at 11 a.m. on 22 Jan, 4-member Election Committee formed to oversee it has officially announced. According to sources from the Ministry of Sports and Youth Affairs, the Election Committee formed to supervise the federation’s AGM during the next fortnight has decided on more..

දර්ශන - සුබ ගමන්

IOC/OCA stance on NOCSL AGM by tomorrow: Suresh

Jan 11 (TM) The stance of the International Olympic Committee (IOC) and Olympic Council of Asia (OCA) in relation to the election of officebearers to the National Olympic Committee of SL (NOCSL) for the 2026–’30 term will be conveyed to NOCSL President Suresh Subramaniam by tomorrow at the latest. Subramaniam said both the IOC and OCA were set to officially announce their decision connected to the delayed election to the NOCSL, with its Executive Committee having already completed its more..

Game of authority against lost pride at Dambulla today

Jan 11 (ST) The third and final T20 International between Sri Lanka and Pakistan at Dambulla has been thrust into must-win territory for the hosts after persistent rain washed out the second game without a ball being bowled. With Pakistan holding a 1-0 lead following a comprehensive 6-wicket win in the opener, Sri Lanka must respond swiftly if they are to avoid another deflating series defeat on home soil. That opening match followed a worrying script that has become all too familiar for Sri Lanka. more..

SL Cricket; revolving rather than evolving

Jan 11 (ST) SL’s recent Asia Cup campaign ended with three wins and three defeats. On paper, it suggests balance. In truth, it was disorder disguised as arithmetic. Those 3 defeats denied SL the chance to defend a title won only 2 years earlier. More damaging than the results, however, was what followed. Once again, SLC revealed how little it understands elite sport, long-term planning or even fundamentals of professional governance. more..

Editorial: Govt set to burn bridges

Jan 11 (Island) Trade unions and professional associations have been cranking up pressure on the NPP govt to put its education reforms on hold and invite all key stakeholders to a serious discussion. PM Dr. Harini Amarasuriya struck a conciliatory note in Parliament the other day, indicating that the govt was willing to take dissenting views on board. But Prez Anura Kumara Dissanayake has said in no uncertain terms that the govt will go ahead with its education reform programme. more..

Unsuccessful attempt on President Chandrika’s life

Jan 11 (Island) Presidential election campaign was drawing to a close. We had campaigned hard but everyone knew that it would be a keenly contested election. A final meeting was scheduled for Saturday December 18, 1999. It was to be held near the Town Hall in Colombo and CBK was to be the chief speaker. I was accommodated in the front row of the stage together with other party leaders. Ratnasiri Wickremanayake, the PM, had invited me to be a speaker at his final meeting in Horana. more..

දර්ශන හදුන්ගොඩ පුරෝගාමියානෙනි!

Draconian PTA: Reborn in disguise

Jan 11 (TM) What is unfolding in SL today is not a dramatic invasion or an overt loss of sovereignty, but something far subtler and therefore more dangerous: a renewed form of imperial influence advancing quietly through the language of reform, stability, and modernisation. This phenomenon is not new to the Global South, but its present intensity and the ease with which it appears to be gaining ground right before our eyes should give serious pause. The troubling reality is that this occurrence more..

A slip too far?

Jan 11 (ST) My dear Harini sahodariya, I cannot help but write to you this week, because you are the talk of the town. Suddenly, you have become the prime target of the opposition. You are being accused of single-handedly trying to destroy our cultural values. A lot of abuse and hate is being directed at you by your opponents. Even before all this, you were subjected to intense scrutiny when you became PM, because you were a lady. You may be the third female PM in the country that gave the world more..

ITAK defends Harini but points out omissions in Tamil textbooks

Jan 11 (ST) With a no-confidence motion being launched against PM and Education Minister Harini Amarasuriya in Parliament over the controversy of the school book for Grade Six, one of the opposition political parties, the ITAK, condemned the move and noted PM is subjected to hate speech both online and offline by lawmakers, discrediting her name and office. Following the stand taken by the party, party’s Parliamentary Committee, more..

Venezuela crisis: What it means for the Indo-Pacific?

Jan 11 (ST) The drama that unfolded in faraway Venezuela exposed the JVP-NPP Govt’s two-pronged, some say two-faced, policy of keeping its Marxist ideological base intact domestically but, thankfully, staying alive to the real world of geopolitics. Its party headquarters condemning in the strongest terms the kidnapping of the president of one sovereign country by another, while its own government deftly passing the ball to the United Nations, expressing its deep concern while more..

Trump ripples global order after Maduro’s arrest

Jan 11 (SO) How would the world react if Russian Prez Vladimir Putin captures and arrests Ukrainian leader Volodymyr Zelenskiy? Or imagine what would the U.S. and the UN would have said and done if Chinese Prez Xi Jinping sends the People’s Liberation Army (PLA) to Taiwan to arrest its Prez Lai Ching-te in a dramatic way? There would have been serious repercussions for these two nations in the BRICS bloc for sure. But, on Jan 3, world witnessed a dramatic escalation in U.S. foreign policy more..

AKD stands by Harini despite Opposition pressure while Sajith pushes for SJB-UNP...

Jan 11 (TM) The impact of the unfolding developments on the global stage is bound to be felt by many countries including Sri Lanka. It would therefore be correct to state that a new set of challenges has now fallen before President Anura Kumara Dissanayake (AKD) and his JVP-led NPP Govt. Within the first few days of the new year, the masses were treated to price hikes as well as proposed tariff hikes. more..

The parliamentary pension debate: Reform or populism?

Jan 11 (GV) The debate over parliamentary pensions has resurfaced in SL, raising critical questions of fairness, accountability and fiscal responsibility. At a time when citizens face economic hardship, tax pressures and reforms to their own retirement benefits, the privileges enjoyed by elected representatives are under unprecedented scrutiny. Globally, many democracies have grappled with similar issues. In response, they have restructured parliamentary pension schemes to reflect more..

Abolishing MPs’ pensions: A necessary correction

Jan 11 (SO) Govt’s decision to abolish lifetime Parliamentary pensions for MPs and their spouses marks one of the most consequential reforms in SL’s political culture in decades. With the Gazette for the Parliamentary Pensions (Repeal) Bill, SL is now poised to end an arrangement that symbolises the widening gap between citizens and their elected representatives. This is a long-overdue realignment of political incentives and public expectations at a time when trust in lawmakers remains weak more..

After 76 years: US withdraws from Colombo Plan Council

Jan 10 (CT) US has formally withdrawn from the 76-year-old Colombo Plan Council, a multilateral development organisation established in 1950 that helped strengthen SL’s National Dangerous Drugs Control Board and Govt Analyst’s Department, as part of a sweeping reassessment of American participation in int'l organisations under President Donald Trump. The Colombo Plan Council, which remains more..

Construction at Ambuluwawa Environmental Zone suspended

Jan 10 (NW) Construction activities at the Ambuluwawa Environmental Zone have been ordered to be suspended until further notice, pending a technical assessment by experts, the Ministry of Environment said. In a statement, the ministry said it has instructed the Central Environmental Authority to halt all construction on the Ambuluwawa mountain until a formal report is obtained from specialists and a determination is made on the level of risk in the area. more..

COPA urges centralised digital database for archaeological sites

Jan 10 (FT) Committee on Public Accounts (COPA) has underscored the urgent need for a centralised and continuously updated digital data system covering all antiquities and archaeological excavations in SL, warning that the absence of such a system undermines effective heritage management, transparency, and tourism promotion. The issue was raised when the COPA met in Parliament on Tuesday, chaired by MP Kabir Hashim, to examine AG’s Reports more..

Linked to Easter Sunday attacks: CID probes third DNA report of Sarah Jasmine

Jan 10 (CT) CID has focused its attention on whether the third DNA report, which stated that Sarah Jasmine was among those killed in a suicide bombing at a safe house in Sainthamaruthu linked to the Easter Sunday attacks, had been issued with the intention of misleading the criminal investigation. This concern arose because two earlier DNA examinations of body parts recovered from those killed in the Sainthamaruthu blast more..

Principals trained on positive discipline

Jan 10 (CT) The first in a series of seminars under the theme Positive Discipline Instead of Punishing Schoolchildren, aimed at educating principals on preventing violence against schoolchildren, commenced in A'pura on 8 January. All school principals in the A'pura District participated in this special awareness programme, held at the North Central PC Auditorium. Programme aimed to eliminate physical punishment in schools and to promote positive thinking & discipline among more..

President pledges child-friendly education

Jan 10 (CT) Prez Anura Kumara Dissanayake emphasised that the Govt is dedicated to creating an education system that does not impose a burden on parents or cause distress for children. The Prez highlighted that the country needs a modern education system that enables its children to compete on the global stage and serves as the only pathway to lift rural children out of entrenched poverty. He affirmed that, without yielding to misinformation or false narratives, more..

දෙරණ අරුණ

CSE ends week with ASPI 3.4% on the up and Rs. 265 b value

Jan 10 (FT) The Colombo stock market yesterday ended the week 3.45% on the up with the ASPI six points shy of reaching a new all-time high and gaining Rs. 264.8 billion in value during the week. During the week, the ASPI had gained 790.22 points and the S&P SL20 gained 5.12% or 316.93 points. Yesterday, ASPI closed 0.54% or 127.17 points on the up to 23,654.30, and the S&P SL20 was up 0.70% or 44.99 points to 6,503.02. The ASPI hit an all-time high of 23,659 on 12 Nov 2025. more..

Full probe into child’s death at Mullaitivu hospital: Minister

Jan 10 (DN) Health Minister Dr. Nalinda Jayatissa revealed to Parliament yesterday that the death of 12-year-old Kuganeshan Dinoja who was admitted to the Mullaitivu District Base Hospital on Dec 21, 2025 at around 7.20 pm cannot be ruled out as a murder until on-going investigations are concluded. Responding to an allegation made by Jaffna District MP Ramanathan Archchuna in Parliament that Kuganeshan Dinoja was murdered in the Mullaitivu Base Hospital, more..

Speaker bars Parliamentary probe into Judicial Service Commission

Jan 10 (Island) Speaker Dr Jagath Wickramaratne yesterday (09) delivered a ruling under Standing Order 27(3), declaring out of order a motion submitted by 31 Members of Parliament to appoint a Select Committee to examine the powers of the Judicial Service Commission (JSC). The Speaker emphasised that the JSC’s functions constitute the exercise of the People’s judicial power and were protected by constitutional more..

Sri Lanka central bank buys US$ 250mn in Dec, depreciating rupee

Jan 10 (EN) SL’s central bank has bought US$ 250.8 million from the people in Dec 2025 and sold US$ 28.3 million back to them, official data shows, depreciating the rupee by close to three rupees in the process. The rupee ended the year a tad shy of 310 to the US dollar in the spot market with some moral suasion being used. There has been a narrative spread in the island by macro-economists that the rupee is market determined, but there is aggressive exchange rate policy being more..

Sri Lanka emerges as third fastest growing destination for Australian tourists

Jan 10 (DM) Sri Lanka has secured its position as the third fastest-growing travel destination for Australian tourists in 2025, recording a 19% year-on-year growth in arrivals. According to the latest data, the island nation trails only Israel and Iran, while outperforming popular regional competitors such as Vietnam and Nepal. ​The data reveals a significant shift in the market’s behaviour, with a total of 132,390 Australian visitors arriving in Sri Lanka during the year. more..

කොළඹ මධ්‍යම බස් නැවතුම්පොළේ...

WNSL T20 Cricket: Teenager Probodha steals the show for Reds

Jan 10 (DN) Skipper Chamudi Probodha returned excellent figures of 4 for 10 as Team Reds pulled off a major upset, defeating Team Greys by 17 runs in their Women’s National Super League T20 match played at the Thurstan Grounds yesterday. Packed with promising Under-19 players, Team Reds posted 107 for 8 in their allotted 20 overs. The 16-year-old leg-spinner Probodha then led from the front with a match-winning spell, as Team Greys were bowled out for 90 in 19.3 overs. more..

TikTok reveals SL’s top searches in 2025

Jan 10 (DN) TikTok recently shared the top searched words on the platform in SL in 2025, offering a snapshot of what Sri Lankans were most curious about this year — from the celebrities and creators they follow, to the music and dramas they can’t stop talking about, the places they’re planning to visit, and the moments driving conversation across the platform. From cricket-led highlights and entertainment buzz to cultural touchpoints like Kandy Esala Perahera, the 2025 list reflects more..

Exports top $ 17 b in 2025: Handunneththi

Jan 10 (FT) Minister Sunil Handunneththi confirmed that SL’s export revenues exceeded $ 17 billion in 2025, highlighting the resilience of the country’s exporters and the impact of coordinated policy support, strategic market development, and targeted capacity-building initiatives. Addressing the official launch of Sri Lanka Expo 2026, Minister congratulated the export community, Export Development Board, more..

Dehiwala–Mount Lavinia MC team will pose a strong challenge at Lanka Ride

Jan 10 (DN) The Lanka Ride cycling race, jointly organised by the Sports Development Department and the Cycling Umpires’ Association under will commence on Jan 16 at 9 a.m. opposite Lake House on D.R. Wijewardene Mawatha, Colombo. The first stage of the Lanka Ride will be from Colombo to Gannoruwa on Jan 16, followed by the second stage from Gannoruwa to Auradhapura on Jan 17. On the final day, the race will return to Colombo, finishing at Torrington Square. more..

New chairman for value added Tea Sectoral Advisory Council

Jan 10 (DN) Among the 20 Sectoral Advisory Councils operating under the Ministry of Industries and Entrepreneurship Development, Huzefa Akbarally, Chairman of the Tea Exporters Association, has been appointed as the new Chairman of the Sectoral Advisory Council for the Value Added Tea Sector. The appointment was made at the Sectoral Advisory Council for the Value Added Tea Sectoral Advisory Council on Wednesday (07) under the patronage of Minister of more..

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