ASPI hits all-time high on Colombo Stock Exchange
The Colombo Stock Exchange (CSE) says the All Share Price Index (ASPI) and the S&P SL20 Index posted records during trading today. According to the CSE, the ASPI posted an all-time closing high of 20,571.07 after gaining by 100.55 points…
Chamath Palihapitiya launches new SPAC targeting AI and energy
Chamath Palihapitiya has launched a new special purpose acquisition company (SPAC) to raise $250 million, marking his return to the market after a series of setbacks. The vehicle, named American Exceptionalism Acquisition Corp A (AEXA), will sell 25 million shares…
Sajith seeks Singapore’s policy insights in meeting with Kishore Mahbubani
Opposition Leader Sajith Premadasa met with distinguished Singaporean diplomat, academic, and author Kishore Mahbubani at the Asian Research Institute of the National University of Singapore, where they held discussions on policymaking, governance, and peace. During the meeting, MP Premadasa highlighted…
India Asia Cup squad announced
Shubman Gill, Jasprit Bumrah and Sanju Samson have all been selected in India’s 15-man squad for the Asia Cup. The squad, announced on Tuesday afternoon, will be led by Suryakumar Yadav and has Gill as the vice-captain. Kuldeep Yadav, Varun…
Releasing 323 containers is a bigger fraud than the Central Bank scam” – Sagara Kariyawasam
The post Releasing 323 containers is a bigger fraud than the Central Bank scam” – Sagara Kariyawasam appeared first on Newswire.
Lasith Malinga to share expertise with national fast bowlers
Sri Lanka bowling legend Lasith Malinga joined the practice sessions of the National Men’s Squad today, as the team prepares for the upcoming Zimbabwe series. Malinga will work closely with the squad’s fast bowlers, offering tactical insights and technical expertise,…
UK to grant Sri Lankan garments wider tariff-free access from 2026
The British High Commission in Colombo says Sri Lankan garment manufacturers will gain unprecedented access to UK markets under liberalised trade rules taking effect in early 2026. Issuing a statement, the British High Commission said the reforms enable manufacturers to…
Corruption : Shasheendra Rajapaksa further remanded
Former State Minister Shasheendra Rajapaksa, who was arrested in connection with corruption allegations, has been further remanded until 26th August. The Colombo Magistrate’s Court further remanded Shasheendra Rajapaksa after he was produced before the court today. The Bribery Commission arrested…
New concessionary loan scheme for agriculture & industry entrepreneurs
The proposal for the introduction of a concessionary loan scheme to encourage young entrepreneurs in the agriculture and industry sectors has received a Cabinet nod. An amount of Rs. 500 million has been allocated by the 2025 budget proposal to…
13 arrested for illegal Gem Mining in Wasgamuwa National Park
Thirteen individuals have been taken into custody by wildlife officers for unauthorized gem mining within the Wasgamuwa National Park, according to the Department of Wildlife Conservation. Acting on intelligence received by the Assistant Director’s Office of Wildlife in Polonnaruwa, officers…