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The Cabinet has approved the proposal to present the Appropriation Bill for 2026 to Parliament in October 2025, with the second reading (budget speech) scheduled for November, followed by the third reading and budget debate in November and December.
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The Cabinet of Ministers has approved the appointment of a Special Presidential Investigation Committee to examine alleged fraud, corruption, and irregularities that have occurred at SriLankan Airlines Limited and Airport and Aviation (Sri Lanka) (Private) Limited over the past 15 years.
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The Cabinet of Ministers has granted approval for a new methodology to procure pharmaceuticals and medical appliances under government-to-government arrangements, in a bid to address shortages in the local healthcare system.
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Malaysia’s tourism authorities are throwing their weight behind a proposal for visa-free travel for Sri Lankan citizens as part of broader efforts to strengthen tourism ties between the two countries, a senior official from Tourism Malaysia revealed.
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The Commission to Investigate Allegations of Bribery or Corruption (CIABOC) informed the Colombo Chief Magistrate court that former SriLankan Airlines Chairman Nishantha Wickramasinghe misused his authority by repeatedly assigning a female flight attendant to multiple international flights and granting her extra allowances, despite having no familial connection to her.
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Licenced commercial banks have pushed back against what they describe as attempts by a small group of borrowers to stir “alarm and confusion” over the potential use of parate laws, saying there is no plan to initiate widespread property seizures following the end of the debt relief period.
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The United Nations Population Fund (UNFPA), in collaboration with the Government of Japan and the Alliance Development Trust (ADT), launched a programme to strengthen the capacities of over 2,000 women and young people across Sri Lanka on social cohesion, gender equality, sexual and reproductive health and rights, and climate action.
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The Colombo Commercial High Court has issued an interim injunction, restraining popular artistes Romaine Willis and Mass Ramli Miskin alias DJ Mass from performing, reproducing and distributing the song titled ’’Eh Yaye’’ and “Api Natamu’’.
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The Colombo Stock Exchange (CSE) commenced the month of July with a slight decline in both All Share Price Index (ASPI) and S&P SL20 and , following a period of sustained gains. Despite the market’s modest pullback, investor activity remained strong, reflecting continued confidence and interest.