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In a dramatic turn of events in Parliament today, Opposition MP Dayasiri Jayasekera alleged that Minister of Transport, Ports and Aviation, Bimal Ratnayake, had ordered the release of 309 red-labelled containers—an accusation that sparked uproar across the chamber.
6
The Colombo Stock Exchange (CSE) soared to All-Time High on Friday, with the All Share Price Index (ASPI) jumping 379.77 points or 2.09% to close at a record high of 18,541.26. The S&P SL20 inclined by 127.86 points or 2.39% closing at 5,486.5.
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In view of the withdrawal of the Special Leave to Appeal application filed by Mohammed Kamil Kuthubdeen, the 8th accused in South Asia’s largest Value Added Tax (VAT) fraud case, the Supreme Court today affirmed the majority judgment of the Court of Appeal, which had upheld the convictions and sentence imposed against him over the VAT fraud case.
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The Supreme Court today granted leave to proceed with a Fundamental Rights petition filed by two women, challenging the Sri Lanka Railway Department’s decision to limit applications for Station Master positions to male candidates only.
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The Illankai Tamil Arasu Kadchi (ITAK) has called on President Anura Kumara Dissanayake to take urgent steps to uphold truth, justice, and international cooperation in the investigation into the Chemmani mass graves, where over 65 skeletal remains - including those of infants - have been uncovered to date.
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Colombo Additional Magistrate Harshana Kakunawela today informed the Bribery Commission that there is no need to obtain a court-issued arrest warrant to apprehend former Fisheries Minister Rajitha Senaratne, as he is already named as a suspect in the ongoing investigation.
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The government must initiate direct negotitiations with the White House over the tariff deal without focusing only on negotiations with the US Department of Commerce and Trade representatives, Opposition Leader Sajith Premadasa said today.
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Transport, Highways, Ports and Civil Aviation Minister Bimal Rathnayake today urged the Opposition to lodge complaints with the police and provide all the information they possess if he is linked to the release of containers as alleged.
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Former Presidents Maithripala Sirisena, Ranil Wickremesinghe and the entire Cabinet of the Yahapalana government are in hot water over an alleged scam pertaining to SLIIT, which is an entity under the Mahapola Scholarship Fund, Minister Wasantha Samarasinghe informed Parliament today.
2
Following the release of the 2024 (2025) G.C.E. Ordinary Level (O/L) Examination results, 2.34% of candidates failed all subjects, while 73.45% of students who sat for the exam qualified for the G.C.E. Advanced Level, Commissioner General of Examinations A.K.S. Indika Kumari Liyanage announced today.
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In a shocking move that sent tremors through Sri Lanka’s export sector, U.S. President Donald J. Trump announced a 30% tariff on Sri Lankan apparel imports into the United States. With over 45% of the country’s merchandise exports tied to the apparel sector, the announcement is more than a trade adjustment - it is a strategic body blow to the Sri Lankan economy.
3
Scuffed, scratched and stained, this black leather Birkin bag just sold for €8.6 million ($10 million), with fees, becoming the most expensive handbag to ever sell at auction. The hammer fell at a winning bid of €7 million ($8.2 million).
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Parliamentarian Dayasiri Jayasekara today accused the government of mishandling tariff negotiations with the United States, claiming Sri Lanka had failed to secure meaningful benefits from the recent tariff reductions announced by U.S. President Donald Trump.
5
Despite reports that several Sri Lankans, including notorious underworld figures Manudinu Padmasiri Perera alias ’Kehelbaddara Padme’ and ’Commando Salintha’, have been arrested in Malaysia, local authorities are yet to receive official confirmation, the Daily Mirror learns.
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Former Sri Lankan cricketer Hashan Tillakaratne’s wife Apsari, who was once an airhostess of SriLankan airlines is in hot water after her interview with a website, clad in a saree worn by airhostess of the SriLankan airlines formerly known as AirLanka.
4
Claiming that Sri Lanka has not agreed to offer anything to the United States to get the tariff reduced to 30 percent from the 44 percent, Central Bank Governor Nandalal Weerasinghe said today it is a recognition of good faith negotiations to bring benefits to both countries.