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Opinion: The dangerous myth of unpaid public service

Sri Lanka, Aug. 24 -- By Tharaka Balasuriya My mother carries a diary of my grandmother, a poignant reminder of the sacrifices made in the name of public service. It details how my grandmother, a r... Read More


Ambeon Strengthens Portfolio Through Strategic Hospitality Investments

Sri Lanka, Aug. 22 -- Ambeon Group, one of Sri Lanka's leading diversified conglomerates, today announced its strategic entry into the hospitality sector with strategic equity investments in two liste... Read More


Colombo Fort Magistrate's Court Remands Ex-President Ranil Wickremesinghe Until August 26

Sri Lanka, Aug. 22 -- Former Sri Lankan President Ranil Wickremesinghe has been arrested on charges of misusing public funds, according to police. The arrest is in connection with a private overseas t... Read More


Former President Ranil Wickremesinghe arrested; to be produced before Fort Magistrate's Court

Sri Lanka, Aug. 22 -- Former Sri Lankan President Ranil Wickremesinghe has been arrested on charges of misusing public funds, according to police. The arrest is in connection with a private overseas t... Read More


Committee to probe irregularities at AASL & SriLankan Airlines invites public input

Sri Lanka, Aug. 21 -- The Presidential Special Investigation Committee, established to probe into past fraud, corruption and malpractices at Airport and Aviation Services (Sri Lanka) (Private) Limited... Read More


New Zealand High Commissioner Explores Opportunities at Hambantota International Port

Sri Lanka, Aug. 21 -- New Zealand High Commissioner to Sri Lanka, David Gregory Pine, visited the Hambantota International Port (HIP) on August 11, 2025, to gain firsthand knowledge on its development... Read More


VIDEO: The AI Bubble | Why 95-pct of GenAI Projects Are Failing

Sri Lanka, Aug. 20 -- Artificial Intelligence was supposed to be capitalism's golden goose - rewriting emails, reinventing customer service, and reshaping entire economies. But a new MIT study says 9... Read More


Ceylon Chamber Highlights Opportunities in UK's Enhanced Trade Scheme

Sri Lanka, Aug. 20 -- The Ceylon Chamber of Commerce welcomes the UK Government's liberalisation of rules of origin under its Developing Countries Trading Scheme (DCTS), set to take effect in early 20... Read More


Stallion Consultancy Takes Over ACAP Stockbrokers in Strategic Market Play

Sri Lanka, Aug. 20 -- Stallion Consultancy (Private) Limited has swooped in to acquire ACAP Stockbrokers (Private) Limited from Asia Capital PLC, marking a strategic power play that promises to reshap... Read More


Fitch Ratings: Developed Economies' Potential Growth Revised Up to 1.6-pct

Sri Lanka, Aug. 20 -- Fitch Ratings has updated its five-year projections for supply-side potential GDP growth for the 10 developed economies ('DM10') covered in its Global Economic Outlook. The GDP-w... Read More