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Transparency International Sri Lanka (TISL) has raised concern over the failure to grant the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) full financial and operational independence, cautioning that the delay undermines its credibility as the country’s lead anti-graft institution.
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The Colombo Stock Exchange (CSE) closed at a new all-time high on Friday, with the ASPI gaining 119.83 points (+0.57%) to end at 21,085.09, while the S&P SL20 advanced 24.86 points (+0.42%) to 5,996.16. Market momentum remained firm throughout the session, fueled by renewed investor optimism following encouraging GDP figures and improved confidence in macroeconomic stability.
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On Sept. 19, 2025, S&P Global Ratings raised its long- and short-term foreign currency sovereign credit ratings on Sri Lanka to ’CCC+/C’ from ’SD/SD’. We also affirmed our ’CCC+/C’ long- and short-term local currency ratings.
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Sri Lanka’s centuries-old gem trade, steeped in heritage yet alive with modern innovation, is about to take the spotlight in a way never seen before. Ceylon Gemlogue 2025, presented by Ceylon Gem Chronicles, and endorsed by key industry Associations, the Ceylon Gem & Jewellery Traders Association (CGJTA)| GemSriLanka and the Lanka Gem Dealers
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Nineteen paddy warehouses have been opened in the Polonnaruwa district, and 4,500 metric tons of paddy have already been purchased by farmers, Paddy Marketing Board (PMB) Chairman Manjula Pinnalanda told the Daily Mirror.
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The Narcotics Control Unit of Sri Lanka Customs arrested a Sri Lanka Air Force intelligence corporal at the Bandaranaike International Airport (BIA) yesterday (18) while he was allegedly attempting to smuggle gold into the country.
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Minister of Fisheries, Aquatic and Ocean Resources, Ramalingam Chandrasekar made a strong statement against corruption, stating that there will be no forgiveness for politicians who have engaged in bribery, fraud and looting of public assets.
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The recently resumed construction of the Kadawatha–Mirigama section of the Central Expressway can be completed more effectively with the active involvement of local engineers, Sri Lanka Construction Association (SLCA) President Susantha Liyanarachchi told the Daily Mirror.
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A special investigation unit comprising police officers was inaugurated yesterday (18) at the head office of the Sri Lanka Bureau of Foreign Employment (SLBFE) to investigate and swiftly resolve complaints related to foreign employment. The unit includes 16 police officers, led by a Chief Inspector.
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Medical Trade Union Alliance (MTUA) Chairman Dr. Chamal Sanjeewa yesterday (18) raised concerns over the delay in investigations into the data fraud at the Drug Regulatory Authority and the alleged irregularities in passport printing tenders, calling the situation “suspicious.”
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A three-judge bench of the High Court today sentenced Niraj Roshan, alias ’Ali Roshan’ to 15 years of rigorous imprisonment and imposed a fine of Rs. 20.6 million, after finding him guilty of unlawfully keeping five elephants without valid permits.
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The Sri Lanka Electricity Board (CEB) trade unions will commence the third phase of their ongoing trade union action at midnight on Sunday (21), Sri Lanka Electricity Board Technicians’ Association Chairman Kosala Abeysinghe told the Daily Mirror.