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Sugeeshwara Bandara further remanded over dual salary case

SriLanka, Sept. 23 -- Former President Gotabaya Rajapaksa's Private Secretary, Sugeeshwara Bandara, has been further remanded until October 7 after the Fort Magistrate's Court rejected his bail applic... Read More


CEAT Kelani retains Fitch AA+ rating for sixth consecutive year

SriLanka, Sept. 23 -- Stable Outlook reflects resilient financial profile and confidence in company's ability to navigate cost pressures and competitive intensity Sri Lanka's leading tyre manufacture... Read More


Fitch upgrades Sri Lanka to 'B-'; Outlook Stable

SriLanka, Sept. 23 -- Marking a significant turning point for the Sri Lankan economy, an international credit rating agency Fitch Ratings upgraded Sri Lanka's credit rating to 'B-' yesterday (22). Sr... Read More


Ambeon Capital partners with Chennai multi-family office and advisory firm

SriLanka, Sept. 23 -- Ambeon Capital PLC, the Colombo Stock Exchange-listed investment holding company, has signed a memorandum of understanding with Sincere Syndication and Corporate Services LLP and... Read More


Sri Lanka: Time to look East while being in Global South

SriLanka, Sept. 23 -- The world order has changed dramatically since the end of World War II. The bipolar world ended with the collapse of the Soviet Union in 1991, following the disintegration of the... Read More


President to make a formal diplomatic appeal to Saudi Arabia

SriLanka, Sept. 23 -- Foreign Minister Vijitha Herath yesterday confirmed in Parliament that the government is taking extensive legal and diplomatic measures to secure the release of Sivarasa Anojan, ... Read More


Kolonnawa oil tank project targeted for completion by September 2027

SriLanka, Sept. 23 -- The Government plans to bring the newly constructed oil tank complex at the Ceylon Petroleum Corporation Kolonnawa Terminal into operation by September 2027, Minister of Ports, A... Read More


Deep Depression forms; heavy rain above 100 mm expected in several areas

SriLanka, Sept. 23 -- The Depression over the Northwest Bay of Bengal, northeast of Sri Lanka, has intensified into a Deep Depression, according to the Department of Meteorology. Although the system ... Read More


Fifteen convicted

SriLanka, Sept. 23 -- In a historic verdict, the Colombo High Court Trial-at-Bar yesterday convicted 15 of the 24 accused in connection with the Easter Sunday terror attack of April 21, 2019, includin... Read More


ICE worth Rs. 440 Mn seized in Matara

SriLanka, Sept. 23 -- A major drug trafficking operation has been uncovered in the Walgama-Karuwalagaswewa area of Matara, with Police seizing 21.81 kilograms of ICE (crystal methamphetamine) valued a... Read More