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The Colombo Stock Exchange (CSE) scaled to a new all-time high on Monday, supported by renewed investor optimism after S&P Global Ratings upgraded Sri Lanka’s foreign currency rating from SD/SD (Selective Default) to CCC+/C. The upgrade strengthened confidence in the country’s economic outlook, fueling broad-based market momentum.
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The Crime Branch of the Pimpri Chinchwad police busted an alleged cricket betting racket and have booked two brothers who had been receiving online bets on a match between Sri Lanka and Bangladesh in the ongoing Asia Cup. Police launched a search for accomplices of the two suspects.
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The Colombo Additional Magistrate today ordered former State Minister Sajin de Vass Gunawardena to submit written explanations to court on December 16 regarding the alleged evasion of income tax amounting to Rs. 36.9 million payable to the State.
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President Anura Kumara Dissanayake emphasised that the Government will always stand for the country’s energy sovereignty, making it clear that there is no requirement whatsoever to entrust the power sector to private institutions.
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The Criminal Investigation Department (CID) today informed Colombo Chief Magistrate Asanga S. Bodaragama that out of 10,000 gold items believed to have belonged to the LTTE and discovered in camps, illegal banks and buildings in the Northern and Eastern Provinces during the humanitarian operation and thereafter sent to the National Gem and Jewellery Authority on court orders, 6,000 items have now been handed over to the Central Bank of Sri Lanka.
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Police have recovered another stock of suspected Crystal methamphetamine, commonly known as Ice, weighing over 200 kilograms from a lorry parked at the same premises in Seenimodara, Tangalle, where two bodies were discovered earlier.
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Chairman of the Farmers’ National Agricultural Federation, Anuradha Tennakoon criticised the government for failing to implement programmes to strengthen the country’s agricultural production economy, despite being in power for a year.
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Some of Europe’s biggest airports battled to restore normal operations on Sunday after hackers disrupted automatic check-in systems, with Brussels asking airlines to cancel half of Monday’s flight departures due to persistent problems.