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Cyclone Ditwah and the reckoning facing Sri Lanka's property sector

Sri Lanka, Dec. 18 -- The Cyclonic Storm Ditwah has left a profound imprint on Sri Lanka's physical landscape and national psyche. The upcountry and central highland regions, long regarded as among th... Read More


Heavy rains and strong winds forecast across several provinces

COLOMBO, Dec. 17 -- Showery weather conditions are expected to persist across Northern and Eastern parts of Sri Lanka over the next 36 hours due to the influence of an easterly wave, the Department of... Read More


Sri Lanka to host international donor conference for Cyclone Ditwah recovery

COLOMBO, Dec. 17 -- Sri Lanka will host an international donor conference in January 2026 to mobilize funds for post-disaster rebuilding and reconstruction following the devastation caused by Cyclone ... Read More


IMF Board to consider US$200 million emergency loan for Sri Lanka on Dec 19

COLOMBO, Dec. 17 -- The Executive Board of the International Monetary Fund (IMF) is scheduled to meet on Friday (19) to consider Sri Lanka's request for emergency financing under the Rapid Financing I... Read More


SEC warns public of share market scams, flags two companies

COLOMBO, Dec. 17 -- Sri Lanka's Securities and Exchange Commission (SEC) has issued a public warning over ongoing investment scams targeting prospective share market investors, identifying two entitie... Read More


World Bank pledges up to US$120 million in emergency support for Sri Lanka

COLOMBO, Dec. 16 -- The World Bank Group on Monday (15) announced up to US$120 million in emergency financial support for Sri Lanka to aid recovery efforts following the widespread devastation caused ... Read More


IRCSL suspends Sanasa Life Insurance's long-term business licence over multiple violations

COLOMBO, Dec. 12 -- The Insurance Regulatory Commission of Sri Lanka (IRCSL) has suspended the long-term insurance licence of Sanasa Life Insurance Co. PLC over a series of serious regulatory breaches... Read More


US reaffirms strong support for Sri Lanka's recovery

COLOMBO, Dec. 12 -- The United States has expressed firm confidence in President Anura Kumara Dissanayake's leadership in guiding Sri Lanka through its post-disaster recovery, pledging comprehensive s... Read More


Colombo-based diplomats donate Rs 3.6m in personal contributions to Rebuilding Sri Lanka fund

COLOMBO, Dec. 12 -- Diplomats posted in Colombo have collectively donated LKR 3.6 million in personal contributions to the government's 'Rebuilding Sri Lanka' Fund, extending personal support to relie... Read More


Former SAARC SG Esala Weerakoon calls for 'South Asian Climate Compact'

COLOMBO, Dec. 11 -- Ambassador (Retd.) Esala Weerakoon, former Secretary-General of the South Asian Association for Regional Cooperation (SAARC) and former Foreign Secretary of Sri Lanka, has called f... Read More