UAE–Sri Lanka Investment Boost: USD 40mn Joint Venture Targets FMCG, RMG and Soft Commodities
One of Dubai’s leading conglomerates, GMI Holding FZCO, has entered into a strategic partnership with Sri Lanka’s prominent business groups, 4R Holdings International (PVT) Ltd and RS Lanka, to establish a new joint venture with an initial investment of USD…
Fake Visa Agencies raided over Foreign Job Scams
Authorities have launched a crackdown on fraudulent foreign employment agencies operating under the guise of visa consultancy services, following multiple complaints of large-scale financial scams across the country. The Special Investigation Unit of the Sri Lanka Bureau of Foreign Employment…
Police seek public help to apprehend Akuregoda shooting suspect
Police have released AI-generated images of a suspect in the Akuregoda lawyer couple shooting, appealing for public assistance to apprehend the individual. The Western Province Southern Crime Division is investigating the 13 February killing of a lawyer and his wife…
Anonymous donor gives Japanese city £2.7m in gold bars to repair water system
A Japanese city has received an unusual donation of gold bars from an anonymous person for the maintenance of its old water system. Osaka’s Municipal Waterworks Bureau received gold bars weighing 21kg in total and worth 566m yen, or £2.7m,…
Johnston Fernando and sons further remanded
Former Minister Johnston Fernando has been further remanded until March 6, along with his two sons and another suspect, in the case related to misusing a Sathosa lorry. In addition, another suspect arrested in connection with the same charges has…
Government official arrested over alleged Rs. 22.7m luxury car scam
Police have arrested an Assistant Additional Secretary attached to Sri Lanka’s Ministry of Public Administration over an alleged financial fraud involving more than Rs. 22.7 million. The suspect, a 56-year-old assistant additional secretary residing in Nedimala, Dehiwala, was taken…
President holds bilateral talks with Indian PM Modi
President Anura Kumara Dissanayake met Indian Prime Minister Narendra Modi at Hyderabad House in New Delhi during his visit to attend the AI Impact 2026 Summit. Prime Minister Modi welcomed President Dissanayake and thanked him for accepting the invitation to…
Govt issues fresh circular confirming pension rights for public servants recruited after Jan. 1, 2016
The government has issued a fresh circular confirming pension entitlement for public servants recruited to the public service after Jan. 1, 2016. Public administration circular number 21/2017(1) issued on Feb 18, 2026 said that Cabinet approval had been received to…
CBSL rates: Rupee appreciates slightly
The Sri Lankan Rupee has appreciated slightly against the US Dollar today (Feb 20), compared to Thursday. According to the Central Bank of Sri Lanka, the buying rate of the US Dollar has increased from Rs. 305.63 to Rs. 305….
Severe lightning advisory issued
The Department of Meteorology has warned that thundershowers accompanied by severe lightning are likely to occur at several places in the Western, Sabaragamuwa and Southern provinces after 2 p.m. The department said temporary localized strong winds may also occur during…