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Government spending lifts global debt to a record $348 trillion in 2025, says IIF

Sri Lanka, Feb. 26 -- Global debt climbed to a record $348 trillion at the end of 2025, after nearly $29 trillion was added over the year in the fastest yearly build-up since the pandemic surge, a ban... Read More


CEB trade unions to stage six-hour token strike today

Sri Lanka, Feb. 26 -- The Ceylon Electricity Board (CEB) trade unions have decided to launch a token strike from noon to 6.00 p.m. today (26), citing the lack of response to their demands from relevan... Read More


Disaster Relief Officials to launch trade union action tomorrow

Sri Lanka, Feb. 26 -- Several trade unions representing public service officers engaged in disaster relief activities have decided to temporarily halt their duties and commence trade union action from... Read More


Colombo residential land prices rise by 12.4% in second half of 2025

Sri Lanka, Feb. 26 -- Residential land prices in the Colombo District have risen by 12.4 per cent in the second half of 2025, from a year ago, followed by commercial land prices by 11.3 per cent, acco... Read More


Police launch special security plan as O/L exam concludes

Sri Lanka, Feb. 26 -- Police have launched a special security plan to prevent possible unruly incidents among students following the conclusion of the G.C.E. Ordinary Level (O/L) examination. The exa... Read More


IMF urges US to work with partners to ease trade restrictions

Sri Lanka, Feb. 26 -- The IMF on Wednesday (Feb 25) called on the United States to work with trading partners and find ways to mutually ease trade curbs, as it issued a review of the US economy. The ... Read More


73-year-old attacked to death by elder brother over land dispute in Elpitiya

Sri Lanka, Feb. 26 -- A personal dispute between two brothers has reportedly ended in a fatal assault at around 11.00 a.m. today (26) in the Polgaswatta area of Batuwanhena in Elpitiya, police said. ... Read More


Sri Lanka-Portugal affirm commitment to further strengthen bilateral ties

Sri Lanka, Feb. 26 -- The Minister of State and Foreign Affairs of Portugal Paulo Rangel, on a working visit to Sri Lanka met the Minister of Foreign Affairs, Foreign Employment and Tourism Vijitha He... Read More


New insurance scheme introduced for fishermen engaged in diving activities

Sri Lanka, Feb. 26 -- The Agricultural and Agrarian Insurance Board, operating under the Ministry of Agriculture, Livestock, Land and Irrigation, has introduced a new insurance scheme for fishermen en... Read More


Lanka IOC announces revised dealer commission effective Mar. 1

Sri Lanka, Feb. 26 -- Lanka IOC PLC has announced revised dealer commission for fuel, effective March 1, 2026. Issuing a statement, Lanka IOC said the revised rates for company-owned filling stations ... Read More