Daily Mirror - Sri Lanka - April 29, 2025

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In this issue

April 29, 2025

ELECTRICITY PRICES SLATED TO RISE AS GOVT.UNDER DURESS FROM IMF

The government is under compulsion to increase electricity prices since the International Monetary Fund (IMF) will unlock the next tranche of US$ $ 344 million, contingent on the restoration of cost recovery pricing, Daily Mirror learns.

1 min

KANDY GARBAGE BROUGHT TO COLOMBO FOR INCINERATION

Some 3.5Mn plastic bottles released into the town during the religious event

1 min

HOW DOES AKD KNOW MY CORRESPONDENCE WITH BRIBERY COMMISSION? ASKS RANIL

Bribery Case involving Chamara Sampath

2 mins

More areas to be covered under Mosquito Eradication Programme, complaints decline – Senior PHI

Waging a war with the rising Dengue and Chikungunya cases in Colombo alone, a dozen of areas are to be fumigated under the Mosquito Eradication Programme, while the exact date is yet to be decided, a high-ranking Public Health Inspector (PHI), told the Daily Mirror.

1 min

INSS Director General calls for stronger regional cooperation and the EU's role in resilience at COSATT in Kathmandu

Colonel Nalin Herath, Director General of the Institute for National Security Studies (INSS), recently concluded a significant visit to Nepal, where he engaged with scholars, policymakers, and thought leaders on pressing regional issues, including climate security and geopolitical resilience in South Asia.

1 min

SL born British national nabbed by Customs with gold jewellery worth Rs.63Mn

A Sri Lankan-born UK national from Dubai, who tried to smuggle gold jewellery worth over Rs.63 million hidden under his clothes, was arrested by the Customs at the Bandaranaike International Airport (BIA).

1 min

How does AKD know my correspondence with Bribery Commission? asks Ranil

\"I was asked to come to the Bribery Commission on April 15. The Commission said that it had to question me with regard to the statement which I released to the media on April 10, 2025. I said I could not do it as I was out of Colombo during the New Year holiday.

2 mins

Court Directs CID to Identify Individuals Who Defamed Appeals Court Judge on Social Media

Colombo Chief Magistrate Thanuja Lakmali today issued an order directing the Criminal Investigation Department (CID) to identify and produce before court the individuals responsible for disseminating defamatory, false, and hateful statements against Court of Appeal Judge Shashi Mahendran via social media platforms.

1 min

Teachers in the election fray flout law by drawing salaries: Trade Union

Ceylon Teacher Union said several employees of the Education Department contesting the Local Government election have obtained their April salary, which is a violation of the election law and the Establishment Code.

1 min

Kandy city free of health hazards

Kandy Municipal Health Department stressed that Kandy city is not facing any threat of diseases or health hazards in the aftermath of the large crowds that flocked to the city to pay homage to the Sacred Tooth Relic.

1 min

STRATEGIC IMPLICATIONS OF A POSSIBLE INDO-PAKISTAN WAR AND SRI LANKA'S STAND

The growing tensions between India and Pakistan, fueled by historical disputes and recent tragic incidents in Kashmir, threaten to destabilise not just South Asia but the broader global order. Sri Lanka, as a strategically located South Asian nation, faces critical decisions in maintaining regional stability and balancing diplomatic neutrality with emerging security and economic realities.

7 mins

Singer (Sri Lanka) PLC partners with Piaggio Vehicles Pvt Ltd for the grand re-entry of the iconic Piaggio Apé Range of 3 wheelers

SINGER Sri Lanka PLC, one of the country's most iconic and trusted retail brands, has announced its strategic entry into the mobility sector through a groundbreaking partnership with Piaggio, the globally renowned Italian manufacturer.

3 mins

The gaps in the higher education sector

The Education authorities announced the results of GCE Advanced Level examination on Saturday and mainstream media as usual have given wide publicity to the top scorers in various streams of the exam.

3 mins

Fitch affirms Hemas Holdings at 'AAA(lka)'; Outlook Stable

Fitch Ratings has affirmed the National Long-Term Rating on Sri Lankan consumer brands and healthcare company Hemas Holdings PLC at ‘AAA(lka)’, with a Stable Outlook.

1 min

CSE establishes Central Counterparty to enhance market stability

The Colombo Stock Exchange (CSE) has unveiled an initiative to bolster market efficiency and reduce systemic risk with the establishment of a Central Counterparty (CCP) through its newly formed entity, CSE Clear (Private) Limited.

1 min

No vehicle shortage; 7,000 units imported: Importers

The Vehicle Importers' Association of Sri Lanka (VIASL) yesterday affirmed that there is no shortage of imported vehicles in the country, with nearly 7,000 new vehicles have already been imported to both the Hambantota and Colombo Ports.

1 min

Jetwing Vil Uyana named to Wanderlust's first Wandersleeps 2025 list

Jetwing Vil Uyana has been featured on Wanderlust Travel Media magazine's inaugural Wandersleeps 2025 list, which celebrates 50 of the world’s most authentic, distinctive and responsible places to stay.

1 min

PGP Glass Ceylon reports higher March profits from lower costs, better sales

PGP Glass Ceylon PLC reported a robust bottom-line performance for the three months ended in March 2025, in a reflection of the strength in the industrial sector activity across a wide spectrum of sectors and also from the lower costs, which helped higher margins.

1 min

Fitch affirms Hemas Holdings at ‘AAA(lka)'; Outlook Stable

Fitch Ratings has affirmed the National Long-Term Rating on Sri Lankan consumer brands and healthcare company Hemas Holdings PLC at ‘AAA(lka)’, with a Stable Outlook.

1 min

Illegal confectionery floods SL market: Leading confectioner warns

A rise in illegal confectionery products entering Sri Lanka’s local market is posing significant challenges for the legitimate businesses and creating health risks for the consumers, a top industry representative warns.

2 mins

CBSL T-bond auction concludes with 3.0x oversubscription

Yesterday, the Central Bank of Sri Lanka (CBSL) conducted a T-bond auction worth Rs.155.0 billion, raising a total of Rs.60.0 billion through the 15.06.2029 maturity, which recorded a weighted average yield of 10.30 percent.

1 min

Week commences in green

The ASPI closed in green as a result of price gains in counters such as John Keells Holdings, CT Holdings and Dialog Axiata with the turnover crossing Rs. 2.7 Bn. A similar behaviour was witnessed in the S&P SL20.

1 min

People's Insurance appoints Dulinda Perera to Board

People's Insurance announced the appointment of Dulinda Perera as a Non-Executive, Non-Independent Director to its Board, effective 04th March 2025.

1 min

Pinnacle Awards '2025' returns after 18 years with new collaboration

Originally initiated by Janashakthi Insurance, the event now returns under the leadership of JXG (Janashakthi Group).

2 mins

New HNB-Hayleys Agriculture partnership enhances leasing solutions for agricultural machinery

HNB has partnered with Hayleys Agriculture Holdings Ltd to introduce a series of financial and operational benefits designed to enhance accessibility, affordability, and sustainability in Sri Lanka's agricultural sector.

1 min

People’s Insurance appoints Dulinda Perera to Board

People’s Insurance announced the appointment of Dulinda Perera as a Non-Executive, Non-Independent Director to its Board, effective 04th March 2025.

1 min

LOLC Finance becomes first NBFI in Badalkumbura

LOLC Finance has further strengthened its footprint with the opening of a new branch in Badalkumbura and the relocation of its Hakmana branch, expanding its network to over 200 branches across the country.

1 min

Ceylinco Life appoints Samitha Hemachandra to director board

Ceylinco Life has announced the appointment of marketing professional Samitha Hemachandra as an Executive Director on the company’s board of directorsand his concurrent promotion to the position of Chief Operating Officer with effect from 1st April 2025.

1 min

Brandix takes top honours at ACCA Sustainability Reporting Awards

Sri Lanka's premier apparel solutions provider, Brandix, was the winner of the Manufacturing Category at the ACCA's Sustainability Report Awards 2024.

1 min

Ceylon Chamber partners with Kegalle Chamber to strengthen regional biz

The Ceylon Chamber of Commerce recently met with the leadership of the Kegalle District Chamber of Commerce, Industry, and Agriculture (KDCCIA) to discuss strategies to uplift local enterprises and facilitate new opportunities for the district.

1 min

RORO vessel carrying used vehicles arrives at HIP post import restrictions removal

Hambantota International Port (HIP) received a consignment of 1,560 used vehicles last week, marking the first shipment on a Seven Seals vessel to the port since the lifting of the import ban.

1 min

First Capital's WhatsApp investment service redefining SL's future in digital financial transactions

In an era where digital transformation is essential to the reshaping of industries, First Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group), has once again stepped into the forefront of innovation with its latest endeavour, Sri Lanka's first transactional investment banking solution, the Unit Trust and Government Securities Tri-lingual project.

5 mins

Sri Lanka shine at Asian Youth TT Touney

TABLE TENNIS

1 min

Leopards win A.J. Medichem Royal Hockey League

Royal Leopards led by experienced forward Hareendra Herath won the A.J. Medichem Royal Hockey League-2025 by defeating Royal Cheetahs 1-0 in the final held at Colombo International Astro Turf.

1 min

Sudath re-elected NEGC President

Nuwara Eliya Golf Club (NEGC), one of Sri Lanka's most historic and prestigious golfing clubs, held their Annual General Meeting (AGM) last weekend with Sudath Kumara being given the greenlight to continue as the President for yet another term.

1 min

GALLE TAKE FIRM CONTROL OF NSL FINAL

Galle took firm control when they reduced their opponents Dambulla to 154 for five on the second day of the National Super League four-day cricket tournament final, continued at the SSC Grounds in Maitland Place yesterday.

1 min

Bangladesh beat SL in second Youth ODI

Bangladesh Under-19 defeated Sri Lanka Under-19 by nine wickets in the second Youth ODI played at the CCC Grounds in Maitland Crescent yesterday.

1 min

Former VB star Malith Dinidu passes away

Malith Dinidu, who represented the Sri Lanka National Volleyball Team, passed away suddenly yesterday. The final arrangements will be announced later.

1 min

Sri Lanka Throwball teams to vie at Asian Meet

Sri Lanka's men's and women's national throwball teams are ready to deliver a strong performance at the Asian Throwball Championship, which will take place on May 2 and 3 in Batam Island, Indonesia.

1 min

A Silent Genius Who Made the World Laugh

Chaplin's influence on the world of entertainment is immeasurable.

2 mins

Is This Hanoi's Best Bún ChA?

The city is a feast for the senses, and there's one dish whose aroma floats through the entire city - bún châ.

3 mins

The Soft Era of Healing

MENTAL HEALTH, BUT MAKE IT AESTHETIC!

3 mins

Care for a sweet distraction?

Ever had a mental breakdown so bad that it’s got you tied to your bed not wanting to move an inch, even if nature called?

3 mins

'The Disguised Promise' by Tenuri Gunawardena

Tenuri Gunawardena, a 14 year old student of St. Bridget’s Convent, Colombo, launched her first book titled ‘The Disguised Promise’ on March 30th, 2025 at the Royal College Union Skill Centre, Colombo.