ECONOMYNEXT – Sri Lanka has sold 4,100 million rupees of bonds offered on tap at the average rates set at an auction last week, bringing the total of bonds sold in the week to 166.2 billion, data from the central bank’s Public Debt Department showed. The debt office sold a 01 July 2037 maturity bond (LKB01237G019) at a weighted average yield rate of 11.01 percent. On Monday, 162.1 billion rupees in 2030, 2033, and 2037 bonds were sold. Read more Sri Lanka sells Rs162.1bn in 2030, 2033, 2037 bonds Total market subscription was 8,250 million rupees. Settlement date is September…
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Pakistan defeat South Africa by 93 runs to take a 1–0 lead in the Test series. The post ICC World Test Championship 2025-2027 – Points Table appeared first on Newswire.
Sri Lanka have maintained their position at No. 4 in the latest ICC Men’s ODI Team Rankings, according to the newest update released by the International Cricket Council. India continue to lead the table with a rating of 124, followed by New Zealand (109) and Australia (106). Sri Lanka remain fourth with 103 rating points, ahead of Pakistan (100). In the player rankings, Charith Asalanka is placed seventh among ODI batters, while spinner Maheesh Theekshana holds third spot in the bowling list. Afghanistan’s Rashid Khan tops the bowlers with 710 rating points, while India’s Shubman Gill leads the batters with…
The government has launched several initiatives aimed at improving facilities and services for tourists ahead of the upcoming tourist season. The Special Task Force appointed by President Anura Kumara Dissanayake to take urgent measures for the promotion of the tourism industry met for the second time at the Presidential Secretariat yesterday (14). Accordingly, the meeting focused on facilitating visa issuance and streamlining the Electronic Travel Authorisation (ETA) process for tourists. Discussions were also held on increasing the number of airport counters to minimize congestion upon tourist arrivals and regarding the enhancement of online ticket purchasing options at locations where tourists…
Former Minister of Foreign Employment and Labour Manusha Nanayakkara has been arrested by the Bribery Commission. Nanayakkara was arrested after recording a statement with the Bribery Commission today. He was summoned before the Bribery Commission in connection with an ongoing investigation into alleged irregularities during the previous government’s program to send workers to Israel for agricultural employment. A request filed by Nanayakkara before the Colombo Magistrate’s Court, seeking release on anticipatory bail in the event of an arrest by the Bribery Commission, had been dismissed yesterday. (Newswire) The post Israel jobs : Manusha Nanayakkara arrested by Bribery Commission appeared first…
An eyewitness to the incident involving the alleged altercation between Attorney-at-law Gunaratne Wanninayake and a Police Constable at the Mount Lavinia Court premises recently, claims he is being harassed by the Police. Speaking to the media, the eyewitness said he had witnessed the Police official punching the person in the passenger seat of the car, after which the driver had gotten out and confronted the Police officer. The eyewitness said he had witnessed the entire incident that had occurred around 10.45 am at the Mount Lavinia Court premises on 10th October. He further said that after having revealed this information,…
A 53-year-old passenger died after falling from the front footboard of a private bus traveling from Thummulla toward Kirulapone on Tuesday evening (Oct. 14), police said. The accident occurred near the BRC Grounds on Havelock Road, within the Bambalapitiya Police Division. The victim was rushed to the Kalubowila Hospital but was pronounced dead upon admission due to critical injuries. Police said the deceased was a resident of Bandaragama. The bus driver has been arrested, and Bambalapitiya Police are conducting further investigations. The post Passenger dies after falling off private bus in Bambalapitiya appeared first on Newswire.
ECONOMYNEXT – Prime Minister Harini Amarasuriya will visit India from October 16 to 18, Sri Lanka’s Foreign Ministry said. She will meet Indain Prime Minister Narendra Modi and other officials. Prime Minister Harini Amarasuriya will also deliver the Keynote Address on “Steering Change in Uncertain Times” at the NDTV World Summit organized by NDTV and Chintan Research Foundation on 17 October 2025. (Colombo/Oct15/20250
Vice Chairman of China’s Sinopec Group, Lv Lianggong, assured Sri Lanka’s Minister of Foreign Affairs, Vijitha Herath, that construction of the new oil refinery in Hambantota will begin without delay. The pledge came during a meeting held at the ministry in Colombo today. The proposed project, estimated at USD 3.7 billion, is expected to produce up to 200,000 barrels per day once operational. Lv Lianggong led a 10-member delegation to discuss the project’s progress and unresolved issues related to its implementation. Lv Lianggong said support from Minister Herath had helped resolve many long-standing challenges. As a result, the project agreement…
The Sri Lankan Rupee has depreciated slightly against the US Dollar today (15), compared to Tuesday. According to the Central Bank of Sri Lanka, the buying rate of the US Dollar has increased from Rs. 298.84 to Rs. 299.07, while the selling rate has also increased from Rs. 306.33 to Rs. 306.56. The Sri Lankan Rupee has also depreciated against a basket of foreign currencies, including Gulf currencies. (Newswire) The post Today’s CBSL official exchange rates appeared first on Newswire.
Prime Minister Harini Amarasuriya is scheduled to undertake an official visit to India from 16-18 October 2025, according to a Foreign Ministry statement. During her visit, PM Amarasuriya will hold several high-level meetings, including with the Prime Minister of India, Narendra Modi. PM Amarasuriya will also deliver the Keynote Address on “Steering Change in Uncertain Times” at the NDTV World Summit, organized by NDTV and Chintan Research Foundation on Friday, 17th October. (Newswire) The post PM Harini Amarasuriya to visit India this week appeared first on Newswire.
Sri Lanka Podujana Peramuna (SLPP) MP Namal Rajapaksa has called on the government to conduct an unbiased investigation into those behind underworld organizations. Speaking to the media today, MP Rajapaksa said that the government should not politicize the matter, similar to the arrests of a former Navy Commander and two high-ranking Police officers. “The country must know who is behind these underworld organizations. A neutral investigation must be conducted into this. Several wanted persons have jumped out of the country during the tenure of this government. The Deputy Minister himself has revealed that 17 persons have left the country using…
A Sri Lankan delegation recently concluded a one-week technical visit to Germany aimed at developing a sustainable sewage sludge management concept for a Board of Investment (BOI) industrial zone. The visit, organized by the Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) under the Export Initiative Environmental Protection (EXI), was funded by the Federal Ministry for the Environment, Climate Action, Nature Conservation and Nuclear Safety (BMUKN). Held from 6 to 10 October 2025 in Stuttgart and Karlsruhe, the program brought together four BOI officials and two private sector representatives for an intensive capacity-building and knowledge-sharing mission.…
ECONOMYNEXT – Sri Lanka’s agricultural production in paddy and coconut picked up in August, the central bank said, while tea, fish and rubber production decreased. “Paddy production for the 2025 Yala season, based on the sown extent as of end August 2025, is forecasted at 2.21 million metric tons,” the central bank’s Agriculture Sector Data Bulletin for September 2025 said. This is an 11.9 percent increase from the previous Yala season. Paddy production forecasts for 2025 is estimated as 4.96 million metric tons, a 5.5 percent increase from 2024. Coconut production recorded a 17.8 percent increase in August 2025, compared…
Sri Lanka’s tax policies played a driving role in the country’s devastating 2022 economic crisis and have contributed to the chronic underfunding of education and other public services, Human Rights Watch said in a report released today. The Human Rights Organisation states the government of President Anura Kumara Dissanayake should urgently adopt measures to uphold its human rights obligations and enact reforms to a system that presently favours companies and wealthy people while failing to deliver adequate revenues. The 101-page report, “Tax Giveaways, Struggling Schools: How Low Taxes Drove Sri Lanka’s Economic Crisis and Squandered its Education Lead,” describes how…
A promotional video featuring Australian cricketers mocking India’s recent handshake controversy with Pakistan was deleted following public backlash. The clip, produced by Kayo Sports, showed players from Australia’s men’s and women’s teams joking about India’s refusal to shake hands with Pakistan during the Asia Cup. At the start of the video, a voice said, “We all know India is on its way. But we’ve identified one critical weakness.” Players including Mitchell Marsh and Sophie Molineux then appeared making insulting gestures, with Molineux seen raising her middle finger. The video quickly drew criticism online for being disrespectful ahead of India’s upcoming…
Prime Minister Harini Amarasuriya has engaged in a discussion with representatives of Huawei Technologies in Beijing, during which they presented the Smart Classroom concept to her. During the meeting held at the Embassy of Sri Lanka in Beijing yesterday (14), representatives of Huawei Technologies highlighted potential applications for Sri Lanka’s education sector. Prime Minister Harini Amarasuriya, who was on an official visit to China, also visited the Museum of the Communist Party of China in Beijing yesterday. The visit provided an opportunity to gain insights into the Party’s historical journey and China’s social and economic transformation over the decades. Concluding…
The Sri Lankan Rupee has depreciated slightly against the US Dollar at commercial banks in Sri Lanka today (15 Oct), compared to Tuesday. At Seylan Bank, the buying rate of the US Dollar has increased from Rs. 299.40 to Rs. 299.55, while the selling rate has also increased from Rs. 304.90 to Rs. 305.05. According to NDB Bank, the buying and selling rates of the US Dollar have increased from Rs. 299.45 to Rs. 299.70 and from Rs. 305.95 to Rs. 306.20, respectively. People’s Bank reports that the buying rate of the US Dollar has increased from Rs. 299.17 to…
ECONOMYNEXT – Sri Lanka’s rupee was trading at 302.90/303.00 to the US dollar on Wednesday, weaker from 302.80/90 the previous day, while bond yields were broadly steady, dealers said. A bond maturing on 15.12.2026 was quoted at 8.30/35 percent, up from 8.28/33 percent. A bond maturing on 15.09.2027 was quoted at 8.70/80 percent, down from 8.70/81 percent. A bond maturing on 01.07.2028 was quoted at 9.25/30 percent, up from 9.23/28 percent. A bond maturing on 15.12.2029 was quoted at 9.70/75 percent, up from at 9.67/71 percent. A bond maturing on 15.12.2032 was quoted at 10.50/65 percent, up from 10.50/62 percent.…
Photo courtesy of Mongabay The Mannar peninsula, a wind-blown stretch of land known for its migratory birds, shallow lagoons and resilient fishing villages, now finds itself at the centre of one of Sri Lanka’s fiercest environmental and social battles. Once promoted as a beacon of sustainable energy, the Mannar Wind and Solar Project has instead ignited widespread community resistance, allegations of land grabbing and accusations of heavy handed state response. The conflict reflects a deeper dilemma: how can Sri Lanka pursue renewable energy without trampling over the rights and livelihoods of its people? To be fair, the government’s ambition is…