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Posts published in “News”

How Young Citizens Are Rewriting South Asian Politics

Photo courtesy of The New York Times The youth of Nepal are rewriting the nation’s history. Nepal, a Himalayan nation between India and China with a population of around 30 million people, is known for its political volatility and instability. From the 239 year-old monarchy that ruled the nation, which was abolished in 2008 following a civil war, to the multitude of governments that have ruled since, the slow burn in the Nepali political climate tipped over on September 8 as young people took to the streets. The uprising cannot be understood in isolation. Across South Asia, a similar pattern…

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Market closes mixed after early rally

The Colombo Stock Exchange (CSE) concluded Monday’s session on a mixed note following an eventful day of trading. The market opened with strong positive momentum, with the All Share Price Index (ASPI) rallying to the 22,200 level, gaining as much as 135 points intraday, before easing into a sideways trajectory and closing modestly higher.

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Online reservation facility for holiday bungalows launched

Taking forward the government’s digital governance policy, an online reservation facility for holiday bungalows and rest houses under the Public Administration Ministry was launched today (29) under the patronage of the Public Administration, Provincial Councils and Local Government Minister Prof. Chandana Abeyratne.

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Ukraine denies drone attack on Putin’s residence

Ukrainian President Volodymyr Zelensky on Monday denied Russian claims that Ukraine launched a drone attack on one of Russian President Vladimir Putin’s residences, accusing Moscow of spreading false information to undermine peace efforts. Russia’s Foreign Minister Sergei Lavrov claimed that Ukraine carried out an overnight drone attack using 91 long-range unmanned aerial vehicles targeting Putin’s state residence in Russia’s northwestern Novgorod region. Russian authorities said all drones were intercepted and no damage or casualties were reported. Following the allegation, Moscow said it would reassess its stance on ongoing peace negotiations. Russian officials did not disclose Putin’s whereabouts at the time…

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Maliban Biscuit Manufactories Partners Yevan David as Sri Lanka Enters FIA Formula 3 History

Maliban Biscuit Manufactories, Sri Lanka’s most loved biscuit brand with over 70 years of heritage, has announced a partnership with rising motorsport talent Yevan David, as he prepares to compete on the international stage in the 2026 FIA Formula 3 Championship. At just 18, Yevan has emerged as one of Asia’s fastest-rising drivers, competing across some of Europe’s toughest circuits and creating history as the first Sri Lankan to race in the FIA Formula 3 Championship. This partnership brings together a young athlete redefining what’s possible for Sri Lanka in global motorsport, and a homegrown brand that has consistently backed…

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Pelwatte Dairy Powers the Royal-Thomian Water Polo Rivalry with Platinum Sponsorship of the 32nd Hayman Trophy

Pelwatte Dairy Industries Ltd., Sri Lanka’s leading 100% local dairy brand, has partnered with the renowned Royal–Thomian Water Polo Encounter as the Platinum Sponsor of the 32nd Hayman Trophy. This milestone highlights Pelwatte’s dedication to supporting the nation’s youth, promoting sportsmanship, and uplifting future generations of athletes from the grassroots level. Second only to the iconic rugby and cricket matches, the Hayman Trophy is one of the most celebrated events in Sri Lanka’s sporting calendar. It has grown to be the biggest water polo event for pupils, drawing parents, coaches, and sports fans year after year by uniting Royal College…

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TV Licence: Major warning from Media Minister

The Minister of Health and Mass Media, Nalinda Jayatissa, has reiterated that television broadcast licenses issued by the Ministry of Mass Media are conditional and may be revoked if the stipulated requirements are not adhered to. The Minister made these remarks while addressing an event held today (December 29) at the Health Promotion Bureau, organized to recognize media personnel who have made notable contributions to promoting public health awareness and disseminating accurate health information among the public. Speaking at the event, Minister Jayatissa stressed that all television channel licenses in Sri Lanka are issued on a temporary basis and are…

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Fourth hoax bomb scare reported; two more offices searched

A bomb threat reported via email to the Nawalapitiya–Pasbage Korale Divisional Secretariat triggered an emergency security operation on Monday, but authorities later confirmed the threat was false. This marks the fourth such security scare reported within a span of days. According to police, an email warning of a bomb inside a storage room at the Divisional Secretariat was received by the official email account of the office earlier in the day. The message, reportedly sent from overseas, claimed that a bomb placed inside a tent would explode at around 2.00 p.m. on December 29. Following the warning, officials immediately evacuated…

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Foreigners sell Sri Lanka rupee bonds as investors shift funds into safe havens

ECONOMYNEXT – Foreign investors sold around 5 million US dollars worth Sri Lanka government securities in the week ending December 24, reversing the inflows in the previous week, Central Bank data showed, as they bet on safe-havens amid speculation of further rate cut by U.S. Federal Reserve rate cut. It was the 5th week foreigners have sold rupee bonds in the last 17. The foreign holding in government securities fell from near two-year high. Foreigners sold a net 1545 million rupees (USD 5.06 million at 1$=305 rupees) in the week after buying 2,44 million dollar worth of bonds in the…

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SLC gives progress update on Jaffna International Cricket Stadium

Sri Lanka Cricket (SLC) says work towards building the Jaffna International Cricket Stadium (JICS) in Mandaitivu, Jaffna, is currently ongoing and progressing as planned.  In a statement, the SLC said that construction activities at the ground were temporarily halted due to the Ditwah Cyclone, which disrupted the scheduled work program, including the first trial game that was scheduled to be played on 14th January 2026.  Work has now resumed, and the trial game will be played following the completion of the upcoming ICC Men’s T20I Cricket World Cup 2026, which is co-hosted by Sri Lanka and India.  Sri Lanka Cricket…

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Four arrested at BIA with Rs. 268.4m Kush haul

Four Sri Lankan passengers were arrested today (29 Dec) by officers of the Katunayake Airport Police Narcotics Division while attempting to smuggle a stock of Kush drugs valued at Rs. 268.4 million out of the airport. The narcotics stock in their possession was also taken into custody by the officers, it was reported. Investigations revealed that the suspects had purchased the drugs in Bangkok, Thailand, transported them to Mumbai, India, and then brought them to Katunayake Airport. The officers discovered 20 packages containing 20.684 kilos of Kush drugs concealed inside their luggage. The arrests were made based on information received…

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Sri Lanka warns of criminal charges as road accidents rise in 2025

Sri Lanka Police will take action under criminal law in addition to traffic laws against drivers who operate vehicles while intoxicated or in a reckless manner, Deputy Inspector General in charge of Traffic Control and Road Safety W.G.J. Senadheera said on Monday. Speaking at a media briefing, Senadheera said road accidents have increased this year compared to last year, with drug and alcohol use identified as the primary causes. He said the Inspector General of Police has instructed officers to pursue criminal charges in cases where drivers are found to have driven dangerously under the influence of alcohol or narcotics,…

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