The Central Bank of Sri Lanka (CBSL) has issued a new directive introducing strict maximum caps on Loan-to-Value (LTV) ratios for credit facilities granted for the purchase or utilization of motor vehicles.

The Employees’ Provident Fund (EPF), despite being Sri Lanka’s largest financial institution, has lower transparency and disclosure standards compared to other entities that manage funds on behalf of third parties, such as companies listed on the

Foreign Affairs, Foreign Employment and Tourism Minister Vijitha Herath is scheduled to undertake an official visit to New Zealand and Australia from 26 May to 3 June 2026 at the invitation of the two governments.

The Gangodawila Magistrate has ordered the owner of Rainbow Manpower Foreign Employment Agency, accused of conducting a large-scale foreign employment scam by promising jobs in Romania, to repay the money owed to victims within one year.

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 and another US $ 625,000 in terms of payme

Matara Chief Magistrate Chaturanga Eranga Dissanayake has issued a warrant for the arrest of former Minister Basil Rajapaksa.

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. It is learnt that Samara

The Sri Lankan Rupee has weakened further against the US Dollar, with the selling rate surpassing the Rs. 354 mark, according to the latest exchange rate report issued by the Central Bank of Sri Lanka today (20).

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

The Ministry of Health has decided to implement measures consisting of five steps in line with the recommendations of the World Health Organisation (WHO), following the WHO declaration of the Ebola virus epidemic situation as a Public Health Emergenc

The Milk Powder Importers’ Association has announced a revision in the prices of imported milk powder, citing prevailing market conditions and exchange rate fluctuations.

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 – remains dan

Former Parliamentarian Prof. Ashu Marasinghe’s defamation case seeking Rs.1.5 billion in compensation from former Parliamentarian Hirunika Premachandra and another respondent over an alleged statement that he abused a dog was settled before the Kad

The Colombo Fort Magistrate today questioned the absence of statements from two crucial witnesses connected to the death of former SriLankan Airlines Chief Executive Officer Kapila Chandrasena.

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

The Consular Affairs Division of the Ministry of Foreign Affairs, Foreign Employment and Tourism informed the public that all document attestation services have been temporarily suspended until further notice due to an unexpected technical failure of

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

Western Province Governor Hanif Yusoof has resigned from his post and will officially step down once a suitable successor is appointed, according to a statement issued by him.

Calls are mounting for the implementation of formal mental health safeguards for suspects involved in the ongoing high-profile pharmaceutical-related case linked to former Health Minister Keheliya Rambukkella, as the lengthy trial approaches its fina

The People’s Bank said that it is in the process of recovering approximately Rs. 656 million mistakenly paid to customers following a systemic exchange rate error in its remittance platform that affected transactions processed between May 2023 and

The attention of the Education, Higher Education and Vocational Education Minister, and Prime Minister Dr. Harini Amarasuriya has been drawn to the situation involving a group of university students who have been staying for several days on a land in

The Ministry of Finance has decided to levy a 50% surcharge on the prevailing Customs import duties applicable to all imported vehicles, effective immediately from today (May 16).

Ports, Civil Aviation and Energy Minister Aruna Karunathilleke confirmed to the Daily Mirror today that another transaction error had occurred in the payment of 74,000 UAE dirhams to a SriLankan Airlines service provider.

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.

A new crop of future Sri Lanka women’s cricketers has surfaced unheralded, unsung and are currently in line to showcase themselves against the New Zealand second string team now touring the island having come through safe hands.

Colombo Chief Magistrate Asanga S. Bodaragama today observed that the Criminal Investigation Department should arrest and produce before the court if any senior officials of the National Development Bank (NDB) have aided and abetted the fraudulent mi

Former SriLankan Airlines CEO Kapila Chandrasena’s suspicious death took place at the residence of Aravinda de Silva, where the CCTV cameras were operational, but the system had not been recording footage for a long period and no footage of the loc

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. While the economy shows signs of recovery and international investors are eagerly

The United National Party (UNP) today said it was surprising to see President Anura Kumara Dissanayake extend his personal congratulations to the recently elected Chief Minister of Tamil Nadu, C. Joseph Vijay.

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 routes without any cuts, even