In the wake of tens of millions of US dollars being transferred out of the country through fraudulent transactions, the government is planning to strengthen laws governing money laundering by introducing fresh legal amendments, Public Security Minist

In the wake of the multi-billion rupee fraud at the National Development Bank (NDB), the International Monetary Fund (IMF) has asked the Central Bank to strengthen the bank supervisory and regulatory mechanisms, according to the Committee on Public F

The government is yet to convert the state bungalows, previously occupied by various ministers in the past, to valuable commercial entities despite promises made ahead of the Presidential Election in 2024, Daily Mirror learns.

Sri Lanka faces a high risk of a dengue epidemic as infections continue to rise sharply across the country, with nearly 39,000 cases reported so far this year and thousands of mosquito breeding sites detected during a nationwide eradication drive, he

The Court of Appeal has acquitted a man who had been sentenced to death for a double murder committed over 30 years ago, ruling that serious doubts existed regarding the reliability of the identification evidence relied upon by the prosecution

While Sri Lanka is grappling with a dollar crisis, investigations conducted by the police and Sri Lanka Customs have uncovered a massive scam where millions of US Dollars including the Rs.13 billion NDB fraud was siphoned out of the country under the

Sri Lankans have increasingly turned to personal and consumption-related borrowing over the past two years, with personal loans recording a sharp 35 per cent increase between December 2024 and March 2026, the latest data show.

The government has decided to move on with the initiative undertaken in 2023 to join the world’s largest trade bloc, the Regional Comprehensive Economic Partnership (RCEP)’, which accounts for 30 per cent of global GDP (Gross

As calls emerge from various political quarters for the Government to secure a fresh programme with the International Monetary Fund (IMF) to be implemented after the current bailout package, a spokesperson for the global lender said that Sri Lanka’

While many people affected by the Ditawah cyclone are still languishing in safe centres or in temporary locations waiting to be relocated, it was revealed yesterday that the ‘Rebuilding Sri Lanka’ Fund established aiming to rebuild the country fo

Sri Lanka is expected to experience significantly hotter-than-normal weather conditions during July and August this year as the developing El Niño phenomenon begins to influence the global climate, the Department of Meteorology

Despite recent fuel price increases, the Ceylon Petroleum Corporation (CPC) continues to incur substantial financial losses on every litre of fuel sold, CPC Chairman D.J. Rajakaruna said.

The introduction of a new Constitution including the abolishing of the Executive Presidency is not a priority for the government at the moment though it was an election promise, a senior government source said yesterday.

The IMF has forcasted Sri Lanka’s economic growth to moderate at three percent this year , slightly slower than predictions by the Central Bank, according to its Mission Chief Evan Papageogiou

Claiming that he is prepared to take action against any moves to destroy Buddhism even within the Buddhist clergy, President Anura Kumara Dissanayake said yesterday the government will amend the the Buddhist Temporalities Ordinance to establish Buddh

The Ceylon Petroleum Corporation (CPC) has confirmed that Sri Lanka will not experience a fuel shortage until November, while also dismissing social media reports of an imminent fuel price revision and claims of panic buying.

A dramatic shift is underway in Sri Lanka’s real estate sector as investors and homebuyers increasingly opt to purchase lands with existing structures for renovation, stepping away from ground-up developments.

A dramatic shift is underway in Sri Lanka’s real estate sector as investors and homebuyers increasingly opt to purchase lands with existing structures for renovation, stepping away from ground-up developments.

In a bid for economic risk mitigation over the falling dollar rate and surging import bills, the government mulls the reintroduction of work from home for the public and private sector employees as done during the pandemic, an official said yesterday

A team from the U.S. Federal Bureau of Investigation (FBI) has arrived in Sri Lanka to assist local authorities in investigating the cyber theft of $2.5 million from Sri Lankan Treasury funds in one instance

In a major shift within Sri Lanka’s diplomatic postings, the Daily Mirror learns that Sri Lanka’s current Ambassador to the United States Mahinda Samarasinghe will return back to the country in July after ending his term.

On 15 May 2026, President Anura Kumara Dissanayake, who also serves as Sri Lanka’s finance minister, issued an order under the Customs Ordinance imposing a 50% surcharge on imports classified under HS Code 87.02 (vehicles for the transport of ten o

Sri Lanka has done impressive work on its domestic finances. We achieved a primary surplus and collected nearly 5 trillion rupees in taxes. But this success is in rupees only. Our external balance sheet – the one measured in dollars –

In the wake of the Sri Lankan rupee depreciating rapidly against major international currencies, Central Bank Governor Dr. Nandalal Weerasinghe said the exchange rate decline could not be used as the sole criterion to determine the status of the econ

Following months of speculation of arguments and rifts within the NPP camp, the Daily Mirror reliably learns that some senior government members have told President Anura Kumara Dissanayake to consider inviting capable parliamentarians from the oppos

Hot on the heels of two cyber thefts that rattled the Government, another erroneous transaction involving more than Rs. 80 million had taken place in the payment of dues to SriLankan Airlines’ service provider in Dubai.

Concerns have been raised within the legal fraternity over the continuous delay in appointing judges to the Superior Courts, with eight vacancies currently remaining unfilled in the Supreme Court and the Court of Appeal for several months.

The dream of owning a home in Sri Lanka is slipping further out of reach for everyday citizens, even as foreign money pours into the country’s luxury property market.

Amidst most global airlines cutting flights and shrinking operations due to skyrocketing jet fuel prices, the government has confirmed that national carrier SriLankan Airlines will continue all its current international

In the wake of cyber thefts affecting the Government’s financial activities, Sri Lanka and India have initiated discussions for cooperation to pre-empt such threats in the future, Daily Mirror learns.