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The Colombo Port’s top management recently held a ceremonial opening for the third berth at the Eastern Container Terminal, but trade union representatives have expressed concerns about the terminal’s operational readiness.
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The Colombo Stock Exchange closed on a strong bullish note today, with both benchmark indices recording notable gains as investor optimism continued to build. The ASPI climbed 142.74 points (+0.60%) to close at 23,956.51, edging closer to the psychologically important 24,000 all-time high level, while the S&P SL20 added 31.65 points (+0.48%) to finish at 6,649.50.
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The Sri Lanka Ports Authority (SLPA) commenced operations of Phase III of the Eastern Container Terminal (CECT) today (23), marking a key milestone in the government’s programme to develop the Port of Colombo into a regionally competitive maritime hub.
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Colombo Chief Magistrate Asanga S. Bodaragama today ordered that Anusha Pelpita, a former Ministry Secretary and Director General, who was arrested by the Commission to Investigate Allegations of Bribery or Corruption, be remanded till February 6 in connection with an investigation into allegations of amassing illicit assets amounting to Rs. 46 million over a period of two years.
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Vietnam’s top leader To Lam was reappointed on Friday as head of the ruling Communist Party for the next five years after a unanimous vote by its central committee, as he pledged to turbocharge growth in the export-reliant nation.
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The government has issued a new circular granting additional financial assistance to businesses affected and disrupted by recent disasters, with the aim of restoring livelihoods and improving living conditions in affected communities.
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The Commission to Investigate Allegations of Bribery or Corruption informed Colombo Chief Magistrate Asanga S. Bodaragama today that indictments have been filed before the High Court against Parliamentarian Chamara Sampath Dassanayake in connection with an investigation into alleged corruption.
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Prime Minister Dr. Harini Amarasuriya returned to the island this morning (23) following a successful four-day official visit to Switzerland, where she attended the 2026 World Economic Forum (WEF) Annual Meeting in Davos.
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The annual Colombo Navam Maha Perahera, along with an exhibition of sacred relics brought from India, will be held at Gangaramaya Vihara in Hunupitiya, featuring grand religious observances, Most Venerable Dr. Kirinde Assaji Thera announced.
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National Organizer of the Sri Lanka Podujana Peramuna (SLPP), Namal Rajapaksa, yesterday launched a sharp attack on JVP leader Lal Kantha, accusing him of attempting to undermine state institutions through threats and intimidation.
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Gold pushed past $4,900 per ounce for the first time on Thursday, powered by ongoing geopolitical tensions, a softer U.S. dollar and expectations of Federal Reserve interest rate cuts, while silver and platinum prices hit fresh record highs.