IMF says committed to support Sri Lanka, amid fuel subsidy questions
The International Monetary Fund (IMF) has said that the completion of Sri Lanka’s combined Fifth and Sixth reviews under its Extended Fund Facility (EFF) is subject to approval by its Executive Board, with a meeting expected in the coming weeks….
Legal action filed against Marawila traders for selling rice above MRP
The Consumer Affairs Authority (CAA) has filed strict legal action against traders in Marawila who were found selling Samba rice above the government‑mandated Maximum Retail Price (MRP). According to the CAA, special raids conducted in the area on Thursday (15)…
KOICA hands over key water supply and sanitation facilities to Nuwara Eliya
The Korea International Cooperation Agency (KOICA) handed over three vital water and sanitation facilities to the Nuwara Eliya Municipal Council and community members this week (12). According to the UN-Habitat Sri Lanka, this concludes an impactful four-year, multi-sector, community resilience…
Ministry of Brands opens second outlet at One Galle Face Mall
Sri Lanka’s first off-price retailer expands footprint with 7,000 sq. ft. store at Colombo’s premier lifestyle destination Ministry of Brands (MOB), Sri Lanka’s first off-price retailer, has officially opened its second outlet at One Galle Face Mall, marking another major…
Madonna, Shakira, BTS to play World Cup final halftime show
Three major performers from pop, past and present, will perform during halftime of the World Cup final this year. The Superbowl-style pageant will eat into the time to analyze the biggest football game in four years. The July 19 World…
17 foreign nationals arrested in Sri Lanka for visa violations
Sri Lanka Police have arrested 17 foreign nationals in two separate raids this week for allegedly staying in the country without valid visas. On Thursday (14), a team from the Panadura Walana Central Strike Unit raided a hotel in the…
Weather Alert : Gampaha sees heaviest rainfall at 142mm
The highest rainfall in the last 24 hours, as of 08.30 am today (15), has been reported in the Gampaha area in the Gampaha District, recording 142.0 mm. According to the Met Department, 108.0 mm of rain has been recorded…
U.S. set to drop charges against Indian billionaire Adani accused of fraud
US authorities plan to drop fraud charges against Indian billionaire Gautam Adani, which were first unveiled in 2024, according to a Bloomberg report citing persons familiar with the matter. In a significant breakthrough for the Adani Group, the US Justice…
Janashakthi Life Delivers Strong Start to FY2026 with 42% GWP Growth and 70% Surge in Market Capitalisation
Annika Senanayake, Chairperson – Janashakthi Insurance PLC & Ravi Liyanage, Director/CEO – Janashakthi Insurance PLC Janashakthi Life, a flagship brand of the Janashakthi Group (JXG) and a prominent player in Sri Lanka’s insurance sector, has begun the financial year 2026…
Latvia’s PM resigns in fallout over stray Ukrainian drones
Latvian Prime Minister Evika Silina on Thursday said she was resigning in response to her coalition government breaking up. “I am resigning, but I am not giving up,” Silina said in a televised statement. Silina, of the center-right New Unity…