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ECONOMYNEXT – Sri Lanka’s rupee was quoted at 309.05/15 to the US dollar in the spot market Friday, recovering slightly from 308.15/40 the previous day, dealers said, while bond yields dropped significantly. The rupee has fallen from 293.10/30 to 308.15/40 over 2025 amid record current account deficits, sharply reduced budget deficits as people paid more taxes. Macro-economists had previously blamed currency depreciation on current account or trade deficit, the budget deficit and sometimes ‘exogenous shocks’ instead of the flawed operating framework of the central bank. Analysts have pointed out that the central bank in 2025 depreciated the currency through purchase…
Sri Lanka has been highlighted as a growing tourism destination for South Koreans, with two VVIP Buddhist delegations visiting the island in December. A 120-member group, including senior monks from the Jogye Order, arrived on Dec. 1 for a pilgrimage tour. A second delegation of 150, led by Ven. Hyeil of Haeinsa Temple, arrived on Dec. 10 and was welcomed with cultural performances at Bandaranaike International Airport. Supported by Sri Lanka Tourism and the Sri Lankan Embassy in Korea, the visits aim to strengthen religious and cultural ties while promoting Sri Lanka as a key Buddhist travel destination. (Newswire) The…
The Marine Environment Protection Authority (MEPA) has issued an urgent appeal to the public to stop discarding flood-related waste, especially plastics, mattresses, broken furniture and clothing, into the environment, particularly near waterways and wetlands. MEPA Chairman Samantha Gunasekara said the agency has observed significant dumping of non-degradable items on roads in flood-affected areas such as Chilaw, Puttalam, Kalpitiya and several northern districts. “Many residents affected by recent floods are improperly disposing of damaged household items and relief materials, including plastic water bottles,” Gunasekara said. “This poses a serious threat to marine and inland ecosystems.” He noted that the recent drinking…
A family, including a six-month-old infant, was injured in a road accident involving a jeep driven by Former Speaker and NPP MP Ashoka Ranwala in the Sapugaskanda area, police said. The head-on collision occurred on Thursday evening (11) in the Denimulla area of Sapugaskanda, according to the police. A 25-year-old woman travelling in the car, her approximately six-month-old infant, and a 55-year-old elderly woman sustained injuries and were admitted to hospital. Police said the infant was transferred to the Lady Ridgeway Hospital for Children for further treatment. Ranwala, who was driving the jeep involved in the collision, was also injured…
WEATHER FORECAST FOR 12 DECEMBER 2025 Issued at 05.30 a.m. on 12 December 2025 Showers or thundershowers will occur at times in Northern and North-Central provinces and in Puttalam and Trincomalee districts. Fairly heavy falls about 50 mm are likely at some places in Northern province. Several spells of showers will occur at Uva province and in Matale, Kurunegala, Ampara and Batticaloa districts. Showers or thundershowers may occur at several places in the other areas of the island after 1.00 p.m. Fairly heavy falls about 75 mm are likely at some places in these areas. Misty conditions can be expected at some places…
The Department of Meteorology forecasts showers or thundershowers throughout the day in the Northern, North-Central, Eastern, Central and Uva provinces, with localized heavy rainfall of about 50 mm likely in parts of the Northern Province. Afternoon showers are also expected in the Western and Sabaragamuwa provinces and in the Galle and Matara districts. Misty conditions are forecast in Sabaragamuwa, Central, and Southern provinces during early morning hours. Showers will affect sea areas from Puttalam to Pottuvil via Mannar, Kankasanthurai, and Trincomalee, with possible evening or night thundershowers in other coastal regions. Winds will be north-easterly at 30–40 km/h, increasing to…
ECONOMYNEXT – Vietnam will give free space for Sri Lanka in key international trade shows in the South East Asian nation as part of measures to boost economic links, a top official said as Vietnamese Deputy Minister of Industry and Trade Phan Thi Thang visited the island. Bilateral trade between the two countries was 279 million US dollars in 2024 and 224.5 million up to October 2025. A goal of one billion dollars in bilateral trade was set when President Anura Kumara Dissanayake visited Vietnam and met General Secretary To Lam. The third meeting of the Viet Nam–Sri Lanka Joint…
ECONOMYNEXT – Sri Lanka’s top exporters were recognized at the Presidential Export Awards with Omega Line named Exporter of the Year and Akbar Brothers (Private) Limited as the net foreign exchange earner of the year. Akbar Brothers also won the Globally Outreached Sri Lankan Brand of the Year award. Emerging Exporter of the Year was Bughary Bio Spices (Private) Limited. Woman Exporter of the Year – Senikma Holdings (Pvt) Ltd. Best SME Exporter of the Year-Service Sector was Lanka Hydraulic Institute Limited. Best SME Exporter of the Year- Product Sector – Hero Nature Products (Pvt) Ltd. The full list is…
National People’s Power (NPP) MP and former Speaker Asoka Ranwala was hospitalised this evening following a road accident in the Sapugaskanda area, police said.
The Government Veterinary Officers’ Association will launch a three-day mobile clinic in Mannar starting tomorrow to treat farm animals affected by the recent floods caused by Cyclone Dithwa, Association President Dr. Upul Ranjith Kumara said.
The Centre for Environmental Justice (CEJ) has sent a letter of demand to the Conservator General of Forests, calling for the immediate suspension of all illegal clearing and construction activities within the Knuckles Conservation Forest.
At least 34 people have died and dozens more are injured after air strikes from Myanmar’s military hit a hospital in the country’s west on Wednesday night, according to ground sources.
Sri Lanka’s diplomatic community in Colombo has made a collective personal contribution of LKR 3.6 million to support the country’s disaster relief efforts, with several ambassadors donating from their own salaries to assist those affected by the recent earthquake.
Akbar Brothers has won the overall award for Net Foreign Exchange Earner at the 27th Presidential Export Awards held at BMICH a short while ago.
India’s left-arm pacer Arshdeep Singh put up an embarrassing show when he came up to bowl the 11th over during South Africa’s innings in the second T20I in Mullanpur. The fast bowler was hit for a six by Quinton de Kock on the very first ball. An under-pressure Arshdeep followed it up with two wide balls as he failed to keep the ball inside the tramline outside the off-stump. He then bowled a dot ball as de Kock missed a reverse lap. Arshdeep’s struggle didn’t end there – he bowled five more wides in the over, making it a really…
The Illegal Assets Investigation Division has launched a probe into properties allegedly acquired by a 52-year-old drug trafficker from Thanamalwila, Hambegamuwa, following a complaint filed by the Police Narcotics Bureau under the Prevention of Money Loundering Act. Police said the suspect has previous records relating to narcotics possession and drug trafficking, and has been arrested and produced before courts by several police stations across the country. The investigation has revealed that a number of properties had been purchased under the name of the suspect’s wife using proceeds earned through illegal drug-related activities. Based on findings submitted to court, the Embilipitiya…
The Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has initiated an investigation into former Members of Parliament Nandana Gunathilake and Udaya Gammanpila following a complaint that the duo committed contempt against the commission. According to State television ITN, the inquiry was launched based on a complaint submitted by the civil society organisation “Citizen Power Against Bribery, Corruption, and Waste.” CIABOC said the probe centres on remarks or actions attributed to the two former MPs that may amount to contempt of the commission. Officials confirmed that the investigation began after the citizens’ group formally lodged its complaint. Director General…
Tamil Progressive Alliance (TPA) leader Mano Ganesan today took to the government’s disaster relief matrix and questioned how the plantation community fits into it.
Bolivia’s former president, Luis Arce, has been arrested in La Paz as part of an investigation into alleged graft, the government has said.