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Brother of alleged underworld figure 'Loku Pattie' shot dead

Sri Lanka, Oct. 1 -- The younger brother of organized criminal figure "Loku Patii" has been shot dead near his residence in Pathirajagama, Ahungalla, according to police. The victim, who was 35 years... Read More


Police step up security for Fort Magistrate

Sri Lanka, Oct. 1 -- Special police security has been provided to Colombo Fort Magistrate Pasan Amarasena following a threat to his life, according to police sources. Four police officers, including ... Read More


Football final erupts into unrest in Pooneryn

Sri Lanka, Oct. 1 -- Police officers were forced to fire shots into the air to control a severe unrest that broke out between supporters of two teams during the final match of a football tournament he... Read More


Police Commission reverses transfers of senior officers

Sri Lanka, Oct. 1 -- The National Police Commission has taken steps to immediately cancel the transfers previously issued to several senior police officers, including Senior Deputy Inspector General R... Read More


Bambalapitiya restaurant fined Rs. 1m over water price

Sri Lanka, Oct. 1 -- The Colombo Chief Magistrate's Court No. 5 has ordered a restaurant in Bambalapitiya to pay a fine of Rs. 1 million for selling a bottled drinking water container above the maximu... Read More


People's Leasing & Finance debenture issue draws over Rs. 10 bn

Sri Lanka, Oct. 1 -- Sri Lanka's People's Leasing & Finance PLC said its Rs. 10 billion debenture issue was oversubscribed, and announced the basis of allotment in a market filing. The company initia... Read More


CBSL governor says IMF agreement nearing completion

Sri Lanka, Oct. 1 -- Central Bank Governor Dr. Nandalal Weerasinghe said Sri Lanka is likely to reach a staff-level agreement under its ongoing IMF programme "very soon", noting that the Government ha... Read More


Public Finance Committee approves new foreign exchange regulations

Sri Lanka, Oct. 1 -- The Committee on Public Finance has approved Foreign Exchange Regulations Nos. 01 and 02 of 2026 and the Order issued under Section 22 of the Foreign Exchange Act, following discu... Read More


Sri Lanka records $133 Mn current account surplus in August

Sri Lanka, Oct. 1 -- Sri Lanka's external current account moved back into a surplus of $133 million in August, following four consecutive months of deficits, as a reduction in import expenditure helpe... Read More


Sri Lanka Holds Inflation Target at 5% for Next Three Years

Sri Lanka, Oct. 1 -- Sri Lanka will maintain its inflation target at 5%, with a two-percentage-point band on either side, for the next three years, Central Bank of Sri Lanka (CBSL) Governor Dr. Nandal... Read More