Daily Mirror - Sri Lanka - May 07, 2025

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In this issue

May 07, 2025

BUT ON THE FENCE

Election peaceful, but Police on alert

1 min

NPP TOPS POLLS

The results of the local authorities' election- the first ever since 2018 and under the government led by the National People's Power (NPP) -started emerging last night, indicating a clean edge for the ruling National People's Power (NPP).

1 min

Police probe foiled abduction near girls' school in Colombo

According to police, a woman lodged a complaint on May 2, claiming the incident occurred when she arrived in her vehicle to pick her daughter up from school

1 min

Legal fraternity raises concerns over contempt laws following custodial death

The deceased had arrived at the Embilipitiya Magistrate's Court on April 30 to serve as a surety for a friend involved in a traffic offense case

1 min

CID to quiz Thusitha Halloluwa over defamation of President

The Criminal Investigation Department (CID) has summoned former Executive Director of the National Lotteries Board, Thusitha Halloluwa to record a statement over the alleged defamatory and false statement made regarding President Anura Kumara Dissanayake.

1 min

Man falls to death trying to steal gem from Seenigama Devala statue

The police found the victim's body collapsed at the foot of the statue inside the ancient Devalaya on the islet when they opened the doors yesterday morning

1 min

Patient dies of allergic reaction after rabies vaccine

The victim employed as a sanitary labourer at Pallekele Geological Survey and Mines Bureau had been bitten by a dog, and he had obtained treatment at Gampola Hospital

1 min

Are uniforms involved in the Wilpattu timber racket?

Officers of the Eluwankulama Wildlife Office raided a large-scale timber smuggling operation that had been ongoing for some time in the buffer zone along the border of Wilpattu National Park, and seized a stockpile of timber worth nearly one million rupees from the site on May 1.

1 min

WATER FROM MAHAWELI, BADULU AND KELANI RIVERS UNSUITABLE FOR CONSUMPTION

Sri Lanka's main water sources that supply drinking water have become polluted.

5 mins

Need to revive eye care in Sri Lanka A nation losing sight!

Sri Lanka currently faces two parallel eye health crises- a backlog of cataract surgeries and a rise in unaddressed vision problems among schoolchildren.

5 mins

ELECTIONS WERE A TEST FOR JVP'S COMMITMENT TO DEMOCRACY, AND IT PASSED

For those of us who held reservations about the NPP government, one of the greatest concerns was that the 2024 election, which swept to power, could well be the last free and fair election in the country.

3 mins

Elections, hypocrisy, tall tales and trails of broken promises

On 6 May (yesterday), fellow citizens of this emerald isle of ours wended their way to polling stations in villages and towns of our country.

3 mins

Tea sales average drops in April

Sri Lanka's national tea sales average fell in April 2025, with the monthly average recorded at Rs. 1,166.75 (US$ 3.91), down by Rs.1701 (US$ 0.11) compared to Rs. 1,183.76 (US$ 4.02) in March.

1 min

BOC to raise Rs. 15bn via debentures

Bank of Ceylon will raise Rs. 15 billion via five-year BASEL III compliant, Tier 2 listed, rated, unsecured, subordinated debentures with non-viability write down features.

1 min

World Bank Group President Ajay Banga arrives in Colombo today

FIRST WORLD BANK PRESIDENT TO VISIT SL IN 20 YEARS

1 min

Browns Investments boosts plantation portfolio with Rs. 4.8 bn FLMC deal

Browns Investments PLC (BIL), the investment arm of Sri Lanka's LOLC Group has acquired FLMC Plantations (Pvt) Ltd in a Rs. 4.8 billion deal.

1 min

Hayleys debenture issue oversubscribed on opening day

Hayleys PLC saw its Rs. 7 billion senior unsecured redeemable debenture issue oversubscribe on the first day of opening.

1 min

SL human development progress slows as regional peers catch up

► SL RANKS 89 IN THE UN'S HUMAN DEVELOPMENT INDEX (HDI) FOR 2023, DOWN FROM 88 IN 2022 ► RECORDS HDI SCORE OF 0.776 ▸ OUTPERFORMS MOST REGIONAL PEERS AS IS RANKED SECOND ONLY TO IRAN ► SOUTH ASIA IN BRIGHT SPOT IN 2023, RECORDING A 4.8 PERCENT RISE IN HDI ► LATEST HUMAN DEVELOPMENT WARNS GLOBAL DEVELOPMENT IS NOW ADVANCING AT ITS SLOWEST PACE SINCE 1990

2 mins

Indices edge up

The ASPI closed in green as a result of price gains in counters such as Melstacorp, Windforce and Aitken Spence with the turnover crossing Rs 1.4 bn.

1 min

Secondary market slumbers, and ballots take the spotlight

The secondary bond market remained largely dormant yesterday, with trading activity tapering off significantly amid the conduct of Sri Lanka’s Local Government Elections.

1 min

French envoy hosts SL-France Business Council Members' Day

The Sri Lanka-France Business Council (SLFBC) of The Ceylon Chamber of Commerce recently held its annual Members' Day, graciously hosted by the newly appointed French Ambassador to Sri Lanka Rémi Lambert, at his official residence.

1 min

Healthguard Distribution with Micro Healthcare strengthens portfolio

Healthguard Distribution, the country’s only fully-fledged national pharmaceutical distribution service, announced its collaboration with Micro Healthcare Private Limited.

1 min

Fitch publishes MBSL's proposed subordinated debt rating of 'BBB+(EXP)(lka)'

Fitch Ratings has published the expected National Long-Term Rating of 'BBB+(EXP)(lka)' on Merchant Bank of Sri Lanka & Finance PLC's (MBSL, A(lka)/ Stable) proposed subordinated debentures of up to Rs.1 billion.

1 min

NDB Wealth holds Annual Sales Awards

NDB Wealth marked a defining moment in its journey with Annual Sales Excellence Awards 2024, held to celebrate a year of record-breaking achievements and the people who made it possible.

1 min

DFCC Bank wins Visa Commercial Solutions Excellence Award

At the esteemed Visa Leadership Conclave 2025, held recently at The Hilton Colombo, DFCC Bank was recognised with Visa Commercial Solutions Excellence Award 2025 for achieving the highest quarter-on-quarter issuance growth on corporate cards.

1 min

Hayleys Solar-BYD introduce advanced battery, inverter solutions

Hayleys Solar has partnered with global renewable energy leader BYD to introduce state-of-the-art energy storage and inverter solutions to the Sri Lankan market, marking a significant step forward in the nation's energy security and independence.

1 min

Omega Line wins top Presidential Export Award

Omega Line Ltd has won the prestigious Merit award in the Large Apparel Category at the Presidential Export Awards ceremony for the year 2023/24, organised by the Sri Lanka Export Development Board.

1 min

Going beyond US reciprocal tariffs: SL's exposure to tariffs and exemptions

The United States’ (US) proclamation of ‘reciprocal tariffs’ dealt a blow to the global trade system based on the World Trade Organisation principles. With the individualised tariffrates, the US has discarded non-discrimination in the Most-Favoured-Nation (MEN) tariff structure. The reciprocal tariff rate does not show any reciprocity but rather a calculation hypothesised to drive a bilateral trade deficit to zero.

5 mins

Sri Lanka win International Masters Hockey Cup

The Sri Lanka Masters' hockey team led by former national striker Nadith Kudagama emerged unbeaten champions by defeating Dubai Hockey Club 4-0 in the first-ever Cargills International Masters Hockey Cup at Colombo Astro Turf.

2 mins

SL duo rewarded with big gains on ODI Rankings

A pair of Sri Lankan batters have been the big winners on the latest update of the ICC Women's ODI Player Rankings.

1 min

Wesley concludes 150th Anniversary with unveiling of new scoreboard

The Wesley College Old Boys' Union (OBU) marked the grand finale of their Sesquicentennial celebrations with the unveiling of a brand-new classic scoreboard at Campbell Park.

1 min

Former India Coach joins SLC on a short-term deal

Sri Lanka Cricket (SLC) has brought on board a seasoned Indian coach to lead a specialised fielding camp.

1 min

ASBC lauds SL's preparations for historic boxing meet

Sri Lanka is on the brink of making sporting history as it prepares to host the ASBC Asian Under-22 and Youth Boxing Championships, the first-ever continental boxing tournament to be held on the island since 1967.

2 mins

SRI LANKA EYES 10 MEDALS AT ASIAN BOXING MEET

The official countdown has begun for one of the most prestigious international sporting events ever to grace Sri Lankan soil, the ASBC Asian Under-22 and Youth Boxing Championships 2025, which will take place from May 12 to 23 at the Sugathadasa Indoor Stadium in Colombo.

2 mins

LAKMAL DARMARATHNA

On Buzz with Danu... this week He conned his way into our hearts with Kumbhiyo, and now he's stealing the spotlight on the silver screen.

2 mins

Mother's Day at Cinnamon Grand

Cinnamon Grand Colombo warmly invites families to celebrate Mother's Day in style, offering an array of exquisite dining experiences tailored to honour the heart of the family-mums.

1 min

THE BEST 'JOINT' IN THE CAPITAL

Situated amidst the colonial beauty of the Old Dutch Hospital arena in Fort, the heart of Colombo, \"The Joint Pub & Grill', is a popular gathering place for evening revellers and party goers. Located off the traditional Colonial looking Chatham Street, 'The Joint Pub & Grill' is a real joint where the rustic charm of Colonial atmosphere meets the modern entertainment and world of fun, frolic and music.