May 29 (FT) PM Harini Amarasuriya pitched Sri Lanka as a resilient and reform-driven investment destination to German businesses, whilst assuring policy consistency, macroeconomic stability and stronger governance reforms as the country seeks to deepen economic ties with Europe. Addressing the inauguration of the SL-German Business Forum 2026 titled Building Trusted Partnerships in Colombo, PM said more..

May 29 (DM) ADRA Ceylon, an entity within the Pink Eagle Group, marks its 10th anniversary, celebrating a decade of remarkable transformation from a local venture into a globally recognized leader in premium Ceylon tea export. Since its inception, the company has successfully delivered exquisite teas to over 37 countries, firmly establishing its position among Sri Lanka’s tea exporters. This significant milestone reflects the strategic vision and unwavering commitment that have propelled more..

May 29 (FT) National Savings Bank (NSB) Group has recorded a steady and resilient performance for the first quarter of 2026, supported by a stronger core banking income base and disciplined asset-liability management. For the three months ended 31 March 2026, Group reported a Profit Before Tax (PBT) of Rs. 11.8 billion and Profit After Tax (PAT) of Rs. 7 billion, while making a total tax contribution of Rs. 8.5 billion during the quarter. NSB said the performance reflects its ability to maintain more..

May 29 (Island) The sudden fall and equally rapid recovery of the SL rupee within a matter of days has left many Sri Lankans confused about what truly happened inside the country’s foreign exchange market. Within a short span, the rupee weakened sharply from around Rs. 324-325 against the US dollar to Rs. 354 in parts of the commercial market, before unexpectedly stabilising again close to previous levels. Speed of both the depreciation and recovery triggered widespread speculation more..

May 29 (ST) Bairaha Farms has achieved a milestone in corporate sustainability, becoming one of SL’s leading poultry-businesses to receive Greenhouse Gas (GHG) Verification at the organisational level with a reasonable level of assurance. The ISO 14064 framework provides two levels of verification assurance with reasonable assurance representing the higher and more rigorous standard. By achieving the higher standard, Bairaha Farms has demonstrated more..

May 29 (ST) As the dollar rate climbed to around Rs. 353 over the past week, importers of essential food items said that the sudden increase is driving up the cost of food imports, shipping and related charges, placing both traders and consumers under pressure. Importers say the dollar, which had remained around Rs. 310 to Rs. 315 for a considerable period, suddenly surged to nearly Rs. 350 within days before more..

May 29 (Island) Every year, the spiritual compass of the Muslim world turns towards the holy city of Makkah, where millions of pilgrims gather for Hajj — one of humanity’s oldest and most profound journeys of faith. This year, too, the sacred valleys of Saudi Arabia are filled with the echoes of Labbaik Allahumma Labbaik — Here I am, O Allah, here I am — as Muslims from every continent respond to a divine call that dates back thousands of years to Prophet Ibrahim (Abraham). more..

May 29 (Island) How long the Provincial Councils (PCs) will remain unelected is anybody’s guess. All of them are currently under the provincial Governors appointed by the President. There have been five Presidents and four govts since the conclusion of the last PC elections held on a staggered basis between 2012 and 2014. JVP-NPP govt is under increasing pressure to hold the much-delayed PC polls. The NPP’s National Policy Framework, A Thriving Nation: A Beautiful Life, promises to hold more..

May 29 (Island) How long the Provincial Councils (PCs) will remain unelected is anybody’s guess. All of them are currently under the provincial Governors appointed by the President. There have been five Presidents and four govts since the conclusion of the last PC elections held on a staggered basis between 2012 and 2014. JVP-NPP govt is uk/wijith-dechickera/Our-Vesak-gift-or-how-to-rebuild-a-civilised-nation/10503-792632more..

May 29 (TM) In the wake of several deaths reported within prisons in recent years, including the latest incident involving a death-row inmate linked to the killing of a MP, attention has once again turned to the mental health and well-being of people living within the country’s correctional system. People within prisons and correctional centres face pressures very different from those experienced outside. Overcrowding, uncertainty surrounding court proceedings, separation from families, more..

May 29 (TM) The window for deliberation is closing. The time for coordinated action is here. Sri Lanka is at a fork in the road on energy – and it has been standing there too long. The decisions made, or left unmade, over the next 12–18 months will determine whether the country moves towards a secure, affordable, and self-reliant energy future, or remains trapped in a familiar cycle of power shortages, tariff shocks, and more..

May 29 (ST) In the recent past, US dollar has quietly stepped down from the pedestal against major currencies such as the Euro, British pound, Chinese yuan and Japanese yen. Weakening of US dollar means strengthening of other currencies. This may be one reason why other currencies look stronger against US dollar. Then, the point is that other currencies like SL rupee should get stronger against weakening dollar. But the problem is that the rupee showed a sudden slip down a long slope. more..

May 29 (CT) On the 17th of May, Mr ‍DBS Jeyaraj published his final column in The Morning. It appeared, as his columns had for years, without fanfare, a piece of careful, considered journalism from a man who happened to be writing from Canada about a country he had been forced to leave nearly four decades earlier. Days later, he was gone. His death marks the end of a body of work that was, in its discipline, its moral seriousness, and its sheer breadth, without parallel in SL Tamil more..

May 29 (TM) A few weeks ago, a complaint was brought to my attention involving a young girl from the plantation sector near Hatton. Like many young Sri Lankans searching for financial opportunity in a difficult economy, she had reportedly been drawn into an online investment and earning platform promising quick returns through mobile-based transactions. What began with a small deposit gradually escalated into repeated payments more..

May 29 (DM) Tilvin Silva, the General Secretary of the JVP has stirred up a hornet’s nest by claiming that the provincial council elections which had been last held in 2014 would only be held next year, if any new issue is not cropped up. This statement made at the opening ceremony of the JVP’s Jaffna District office on Saturday runs counter to many promises on the provincial council elections by the leaders of the NPP, the coalition that has been formed by the JVP and the repeated demands by more..

May 29 (DM) Much has been spoken about the alleged sexual abuse of a child by a monk holding a position of authority in the country. However, the public continues to be divided with regards to how the state handled the above matter. Some have scrutinised state actors for shielding a monk while others continue to demand a thorough investigation. It is ironic that over 20 lawyers appeared on behalf of the monk in question while there were a handful of lawyers who appeared pro bono for the child. more..

May 28 (DM) The Supreme Court ruled that a bank is legally entitled to institute action directly against a guarantor without first proceeding against the principal debtor, provided the guarantor has expressly waived that right in the guarantee agreement. Delivering the judgment into an appeal filed by a guarantor, the Supreme Court affirmed the Commercial High Court’s decision holding one Vithanage Happawana liable as guarantor for credit facilities obtained from DFCC Bank. more..

May 28 (DM) Climate change is no longer a distant threat, but a present and growing reality affecting countries across the world, including SL. Its impacts are already being felt through extreme weather events, changing rainfall patterns, increasing pressure on livelihoods, rising threats to food security, damage to infrastructure, and wider risks to sustainable national development, officials said. Against this backdrop, the official launch of the 8th Steering Committee Meeting of more..

May 28 (DM) SL Police urged the public to fully cooperate with law enforcement officers during vehicle inspections and residential searches, warning that attempts to evade police checkpoints or obstruct official duties could result in legal action and the use of necessary police force. Statement follows an incident in the early hours of this morning in which police opened fire on a vehicle that repeatedly ignored orders to stop at three separate more..

May 28 (AD) The IMF Executive Board completed the combined Fifth and Sixth Reviews under the 48-month Extended Fund Facility (EFF) for Sri Lanka, providing the country with immediate access to SDR 508 million (about US$ 695 million) to support economic policies and reforms. These are the sixth and seventh tranches Sri Lanka receives under the IMF-EFF. Accordingly, the total IMF financial support disbursed so far increases to SDR 1.778 billion (about US$ 2.4 billion). more..

May 28 (NW) Foreign Minister Vijitha Herath met with Vanushi Walters, the opposition spokesperson for foreign affairs in the New Zealand Parliament, during his official visit to the country. Herath said the two sides held constructive discussions on a range of bilateral matters. The Foreign Minister said he also briefed Walters on Sri Lanka’s economy, including developments related to trade, tourism, investment opportunities and the political situation in the country. more..

May 28 (DM) Applications have been called to recruit 400 public officers as Digital Champions for the Public Impact Champions Network (PIC-NET), an institutional pilot initiative aimed at optimising public services through digitalisation. As a key component of the Govt’s Digital Economy Plan to enhance efficiency and quality in the public sector, an awareness programme for coordinating executive officers of public institutions was held more..

May 28 (MoD) Deputy Minister of Defence Aruna Jayasekara conducted a field inspection visit to several key locations in the Jaffna Peninsula on Tuesday (26). Joining the Deputy Minister for the field visit were Minister Ramalingam Chandrasekar, the District Secretary of Jaffna, and relevant govt officials. During the visit, Deputy Minister paid close attention to addressing ongoing concerns related to national security and public welfare. He assessed the overall security framework of the area more..

May 28 (TM) Govt's proposal to introduce legislation aimed at cancelling the parliamentary seats of MPs who switch parties has triggered fresh political debate, with the SJB claiming the move is being rushed due to fears of defections within the ruling side. When queried as to whether they would support the proposed legislation, SJB General Secretary and MP Ranjith Madduma Bandara said that the matter would first need to be discussed within the party’s Working Committee before more..

May 28 (TM) Ministry of Rural Development, Social Security & Community Empowerment stated that it planned to bring at least 5 million out of the estimated 6 million informal sector workers in SL into the SL Social Security Board (SLSSB) pension programme. Deputy subject Minister Wasantha Piyathissa noted that State sector employees are entitled to pensions, private sector workers receive Employees’ Provident Fund benefits and farmers are covered under the farmers’ pension scheme. more..

May 28 (NW) A major accident was narrowly avoided when a train driver and a wildlife officer acted swiftly to prevent a collision with a wild elephant crossing the tracks between Habarana and Palugaswewa. Incident occurred as the Batticaloa–Colombo train was travelling through the area. Mobile phone footage captured the elephant crossing the railway line, highlighting the tense moments as the train approached. Thanks to the driver’s quick reflexes, train was brought under control, averting more..

May 28 (AD) ASP F.U. Wootler said that police are preparing to bring back to the country 89 criminals who have been issued Red Notices and are currently hiding abroad while being involved in various crimes in SL. ASP stated that eight suspects who had been hiding in the UAE were brought back to SL last night. On May 22, a total of 21 suspects, including 19 men and two women, were repatriated from the UAE. more..

May 28 (DM) A new species of spiny mouse has been discovered in SL’s Puwakpitiya Valley in the Dumbara (Knuckles) Mountain Range, adding to the island’s rich record of endemic biodiversity. The species has been scientifically named Mus dumbara, and is commonly referred to in English as the Dumbara Valley spiny mouse and in Sinhala as Dumbara katu heen meeya. The discovery was confirmed through integrated analysis of external morphology, skull characteristics, and more..

May 28 (NW) PM and Minister of Education, Harini Amarasuriya has emphasized the need to add a new dimension to SL’s medical education to produce doctors with compassion. She made the remarks at the inaugural meeting of the expert committee appointed to draft a National Policy on Medical Education, held at the Ministry of Education recently (26). The committee is tasked with preparing a comprehensive policy to strengthen medical education in line with national health needs. more..

May 28 (EN) SL’s tighter macroprudential restrictions on vehicle and gold-backed lending will benefit lenders’ risk profiles, particularly those of finance companies, Fitch Ratings says. CB’s lower loan-to-value (LTV) caps target two products that have expanded rapidly in recent years and represent a substantial share of mainly finance companies’ balance sheets. Tighter caps may also weigh on volumes and earnings growth, more..

May 28 (FT) Lanka Lions Foundation (LLF), the charitable arm dedicated to humanitarian and community upliftment under Lions in SL, continues to make a significant impact on grassroots entrepreneurship through its long-standing micro loan program aimed at supporting economically active low-income individuals who are unable to access traditional banking facilities. As of 30 April 2026, the Foundation has successfully awarded 3,079 micro loans totaling Rs. 112,784,045 more..

May 28 (AD) PM Dr. Harini Amarasuriya, in her Eid-ul-Adha message, extended her felicitations to the Muslim community in SL and around the world, highlighting the festival’s values of selflessness, unity, and compassion. She emphasized that the Hajji Festival commemorates the boundless devotion to God and the noble spirit of generosity demonstrated by Prophet Ibrahim. PM also stressed the importance of rising above differences and standing together in unity and solidarity. more..