Daily Mirror - Sri Lanka - April 08, 2025

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In this issue

April 08, 2025

SRI LANKA'S POPULATION GROWTH HITS ALL-TIME LOW

Sri Lanka's population at the end of 2024 is 21,763,170 in comparison to 20,359,439 in 2023. Working population decreases by 3.35 per cent since 2019. Number of births reduced by 30.8 per cent since 2019. Number of marriages reduced by 14.7 per cent since 2019. Number of deaths increased by 17.2 per cent since 2019. Colombo District sees the highest decline in population growth

2 mins

AKD assures Modi PC elections in future

PC elections have been stalled since 2017

1 min

Sri Lanka fallen into India's geopolitical strategy: FLSP

While asserting that it has filed an application to get information on the agreements signed with India under the Right to Information Act, the Frontline Socialist Party (FLSP) charged that Sri Lanka has got involved with India's geopolitical strategy as a result of the defence pact which has been signed by the two countries.

2 mins

Jewellery valued Rs.3.8Mn stolen over rituals to dispel malefic effects

As appointed the soothsayer called him his house and started the rites. He advised the owner of the house to put all the jewellery worn by them in a pot and hand over it to him to be blessed. After the rites the exorcist had returned the pot and advised the owner of the house to place it in the shrine room and not to open it for five days.

1 min

Sri Lanka performs first successful adult-to-adult live donor liver transplant

Donor was the elder sister of the patient

1 min

Worship of the Sun gave birth to Yoga

The ancient Indians resorted to the worship of the Sun before commencing their daily routine. In the course of time, this practice developed as a method of exercise to warm up the body, which is Yoga today.

1 min

Will Police take over Customs duty to screen passengers, baggage at BIA in future?

Competent authorities in charge of the security at the Bandaranaike International Airport (BIA) are deeply concerned over a controversial move to take over the prime duties of the Sri Lanka Customs to screen passengers for narcotics and illicit goods under the control of the Sri Lanka Police, the Daily Mirror learns.

2 mins

PPA: A UNITED VOICE FOR SRI LANKA'S PRIVATE PLANTERS ASSOCIATION

Sri Lanka's Plantation Agriculture sector covering: Tea; Rubber; Coconut; Palmyrah; Spice Crops; Sugarcane; Gliricidia; and Commercial Timber including Food and Fruit Crop sectors, has long been a cornerstone of our economy, with a stagnating GDP of around USD 80 Bn, shaping both our heritage and global reputation with unique Land and/or Soil: Bio-Geo-Chemical Identity (Geographical Identity -Gl and Geographical Origin - GO) and Diverse-Agro-Ecologies in a very few Lowest Global-Gravity Isles poisoned from the movement of the Gondwananland (Complex) some140 Mn-100 Mn Years ago.

2 mins

SRI LANKA - EU PARTNERSHIP AND GSP+ COMPLIANCE

Sri Lanka's trade relations with the European Union (EU) have been significantly shaped by the Generalised Scheme of Preferences Plus (GSP+), a trade concession that provides the country with preferential access to the EU market. As a GSP+ beneficiary, Sri Lanka must comply with 27 international conventions on human rights, labour rights, environmental protection, and good governance. In April 2025, the EU's monitoring mission is scheduled to visit Sri Lanka to assess its compliance with GSP+ commitments for the period from 2022 to 2024. The EU engages in continuous dialogue with GSP+ countries through bilateral meetings, high-level diplomatic discussions, and technical cooperation, with biennial monitoring missions serving as a key oversight mechanism.

5 mins

MAJOR COMPANIES INVOLVED IN PALM OIL MAFIA

Following numerous public complaints about the adverse environmental and social impacts of oil palm cultivation that were reported to the Central Environmental Authority, steps were taken to ban oil palm cultivation in 2021, during the tenure of former President Gotabaya Rajapaksa.

6 mins

Should Sri Lanka not Arrest Tamil Nadu Fishermen Poaching in Northern Waters?

Indian Prime Minister Narendra Modi’s week-end visit to Sri Lanka proved to be quite a success according to print and electronic media reports.

10 mins

Dr. A. M. A. Azeez Memorial Oration

The Dr. A.M.A. Azeez Commemoration Meeting and the Memorial Oration will be held on Wednesday 9th April 2025 at 4.30 p.m. at the Shafaee Hall, Zahira College, 406, Orabi Pasha Mawatha, Colombo 10.

1 min

FEMINIST RESPONSES TO DECADES OF DISPOSSESSION AND GLOBAL SHOCKS

If these exports are priced out of the US market with the 44% tariff on Sri Lanka, then a major short fall in foreign earnings can even undermine the import of essential goods

3 mins

Indo-Lanka and JVP-India relations come full circle

The Trump trade shock announced last week has unnerved the world. Sri Lanka can have a severe impact with about US$ 3 billion in exports to the US. If these exports are priced out of the US market with the 44% tariff on Sri Lanka, then a major shortfall in foreign earnings can even undermine the import of essential goods. Furthermore, the bulk of these exports to the US are from the garment sector, which directly employs close to three hundred thousand women and hundreds of thousands more who are indirectly dependent on it for employment and livelihoods.

1 min

Market uncertainty drives inclines in yield curve

The secondary market yield curve faced selling pressure continuing from the previous days, driven by market uncertainty as participants awaited clearer direction into the potential impact of the US reciprocal tariff on the Sri Lankan economy.

1 min

Cargills Bank takes legal action after cyberattack

Cargills Bank has filed legal action in Sri Lanka to prevent the circulation of data allegedly stolen during a recent cyberattack, the lender said in a statement yesterday.

1 min

Central Bank collects US $ 402mn in Fx in March

• CHALLENGING PATH LIKELY AHEAD DUE TO US TARIFFS • SO FAR THIS YEAR, CENTRAL BANK HAS PURCHASED US $ 484.5MN IN FOREIGN EXCHANGE IN FIRST THREE MONTHS

2 mins

Browns unveils new state-of-the-art manufacturing, warehouse facility in Katunayake

From left: LOLC Holdings PLC Group Managing Director/CEO Kapila Jayawardene and Brown & Company PLC Chairman and LOLC Holdings PLC Deputy Chairman Ishara Nanayakkara

1 min

Colombo’s first fully automated terminal opens

• CWIT BRINGS US $ 800MN BOOST TO SOUTH ASIA’S TRADE FUTURE

1 min

Tourist arrivals up by 11.5% in first week of April

Sri Lanka’s tourism sector kicked off April recording 38,615 tourist arrivals for the first six days of the month, which is a 11.5 percent year-on-year growth, the latest data from the Sri Lanka Tourism Development Authority showed.

1 min

Hayleys Solar secures two accolades at National Industry Brand Excellence Awards

Hayleys Solar, the renewable energy arm of Hayleys Fentons secured two accolades at the National Industry Brand Excellence Awards 2024 held recently.

1 min

Dr. Ranasoma appointed MD of Hemas Pharmaceuticals and Hemas Surgicals

Hemas Pharmaceuticals and Hemas Surgicals & Diagnostics has appointed Dr. Mahesha Ranasoma as its Managing Director, effective April 2, 2025.

1 min

Delegation from Asia Pacific Group on Money Laundering visits SL

A high-level delegation from the Asia Pacific Group on Money Laundering (APG) visited Sri Lanka during March, to provide critical insights and support for the upcoming Mutual Evaluation (ME) on Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) framework of Sri Lanka, scheduled to commence in March 2026.

1 min

DFCC ONE: setting new standard for digital banking in Sri Lanka

DFCC ONE, DFCC Bank's flagship mobile banking application, is setting a new standard for digital banking in Sri Lanka.

2 mins

Amana Takaful Insurance continues to lead as SL’s Most Awarded Insurer

Amana Takaful Insurance has once again been recognized as Sri Lanka’s most awarded insurance provider, securing its place among the Top 5 Most Awarded Entities in Sri Lanka for 2024 and earning a spot in the LMD Hall of Fame Top 50.

1 min

CEAT increases share in Sri Lanka’s OE tyre market

For over six decades, Hemas Pharmaceuticals has played a pivotal role in strengthening Sri Lanka’s healthcare sector.

1 min

Pan Asia Bank Launches Leasing Cross-Country Campaign

Pan Asia Bank announced the launch of Sri Lanka's first-ever Leasing Cross-Country Campaign, bringing exceptional leasing solutions closer to customers across Sri Lanka.

1 min

India, Sri Lanka and UAE forge trilateral partnership to develop Trincomalee as regional energy hub

In a landmark move to bolster regional energy security and economic collaboration, Sri Lanka, India and the United Arab Emirates (UAE) have signed a trilateral memorandum of understanding (MoU) to transform Trincomalee into a strategic energy hub.

1 min

Union Assurance hosts National Business Launch

Union Assurance hosted its National Business Launch event at Monarch Imperial, attended by the senior management and over 500 members of its agency force.

1 min

NCE welcomes government initiative to convene quarterly meetings of EDCM

The National Chamber of Exporters of Sri Lanka (NCE) warmly welcomes the government’s initiative to convene quarterly meetings of the Export Development Council of Ministers (EDCM), a high-level forum chaired by the President of Sri Lanka, bringing together key stakeholder ministers to assess progress and address challenges in the country’s export development agenda.

1 min

AFC TO HELP BUILD MODERN FOOTBALL STADIUM IN SL

FIFA and the Asian Football Confederation (AFC) will provide a grant of US $6.5m for the construction of a full-fledged international football stadium in Sri Lanka.

1 min

Siraj, Gill shine in Gujarat Titans’ easy win

The diminishing aura around Sunrisers Hyderabad’s (SRH) batting line-up in the Indian Premier League 2025 was brought to the fore once again, this time by Gujarat Titans (GT) in a seven-wicket drubbing at the Rajiv Gandhi International Stadium on Sunday.

1 min

SLC awards annual contracts to 45 First-Class cricketers

Sri Lanka Cricket (SLC) awarded annual contracts to 45 First-Class cricketers for the 2025 domestic cricket season as part of their ongoing programme to strengthen the country's talent pool.

1 min

YEVAN JOINS MOTOPARK FOR EUROFORMULA OPEN CAMPAIGN

The motorsport world is buzzing with excitement as one of the brightest talents in racing, Yevan David, has officially signed with Motopark for the highly anticipated 2025 Euroformula Open Championship.

1 min

Are Kandy destined to dominate another decade?

Kandy Sports Club completed another domestic double on Sunday when they defeated CR and FC to clinch the Clifford Cup following up their league victory a couple of weeks ago.

3 mins

SLG National Ranking Tourney tees off today

Victoria Golf Resort (VGR) in Rajawella will once again play host to a premier event at the National Ranking Golf Tournament today till April 10.

1 min

Chelsea draws with Brentford in blow for top four hopes

Chelsea extended their long run without an English Premier League away win when they were held to a 0-0 draw at their West London neighbours Brentford on Sunday, dealing a fresh setback to their push for a Champions League spot.

1 min

SRI LANKA TO HOST 12TH INDOOR CRICKET WC

The World Indoor Cricket Federation (WICF) has awarded the Ceylon Indoor Cricket Association (CICA) to conduct the 12th World Cup 2025 and is scheduled to be held at two venues - the Austasia Sports Complex and the newly built U Pro Arena in Thalangama.