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The Colombo Stock Exchange (CSE) began the week on a positive note, extending its bullish momentum with a turnover of LKR 7.95 Bn. Investor sentiment remained upbeat, marking new highs during the session, largely supported by strong buying interest in the Banking sector, which emerged as the top contributor with LKR 1.92 Bn in turnover, accounting for 24% of total market activity.
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The President of the Asian Infrastructure Investment Bank (AIIB), Jin Liqun affirmed the AIIB’s commitment to supporting Sri Lanka’s development, particularly in the promotion of the green energy sector, the President’s Media Division (PMD) said.
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The State Debt Management Office has informed the Committee on Public Finance (CoPF) that Sri Lanka has still to repay foreign loans amounting to USD 37 billion and domestic loans totalling Rs. 19.6 trillion.
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The Supreme Court today upheld the death sentence imposed by the Tangalle High Court on Geeganage Gamage Amarasiri, alias ‘Julampitiye Amare,’ who was found guilty of killing two individuals and injuring another in 2012 at Katuwana, Hambantota.
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President Anura Kumara Dissanayake reaffirmed that the International Monetary Fund (IMF) remains a vital partner in Sri Lanka’s accelerated journey from crisis to recovery, emphasising that the government regards the IMF support not merely as external assistance, but as an integral element of its comprehensive strategy for sustainable economic progress.
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High Commissioner of Sri Lanka to South Africa, Air Chief Marshal Udeni Rajapaksa (Retd), officially presented his Letters of Credence to the President of the Republic of South Africa, Cyril Ramaphosa, at the Sefako M. Makgatho Presidential Guesthouse in Pretoria.
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Vehicles returned by former Presidents can be given back to them as the Presidents’ Entitlement Bill which was approved by Parliament recently does not cover security details given to them, Minister for Public Security Ananda Wijepala told Parliament today.
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Sri Lanka’s recent economic performance has shown strong progress, but the country’s recovery remains incomplete, with growth still lagging behind pre-crisis levels and poverty remaining significantly high, according to the latest Sri Lanka Development Update released by the World Bank today.
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A Southern California cardiologist flying Qatar Airways from Los Angeles to Sri Lanka was denied the vegetarian meal he had ordered, then died after choking on a piece of food while attempting to “eat around” the meat in meal he was given instead, according to his grieving family, The Independent UK reported.
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Launching a scathing attack on the DMK government, BJP leader K Annamalai said that Tamil Nadu Chief Minister MK Stalin is doing ’’pure political drama’’ by talking about retrieving the Katchatheevu island from Sri Lanka to divert attention from the administrative failure of his government in handling the Karur stampede.
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The Postal Department must become a self-sustaining institution, warning that if it fails to generate profit, the government may need to reconsider maintaining it with treasury funds, Health and Mass Media Minister Dr. Nalinda Jayatissa has said.