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The Island

Govt. to overhaul internal auditing and financial oversight mechanisms in SOEs

The government has initiated moves to overhaul the internal auditing and financial oversight mechanisms in State-Owned Enterprises (SOEs), with the Committee on Public Enterprises (COPE) conducting a special workshop for Chief Financial Officers and Internal Audit Officers, representing nearly 300 SOEs.

1 min  |

May 16, 2026
The Island

The Island

New outbreak of Ebola kills 65 in eastern DR Congo: BBC

Africa’s top health agency has declared an Ebola outbreak in the Democratic Republic of Congo’s eastern Ituri province, BBC has reported.

1 min  |

May 16, 2026
The Island

The Island

Lanka seeks deeper trade ties, woos Indian investment post-crisis

Sri Lanka is witnessing growing momentum for Indian investments, particularly in sectors such as hospitality, ports and logistics, according to Krishan Balendra, Chairperson of the Ceylon Chamber of Commerce.

1 min  |

May 16, 2026

The Island

Sanath Nishantha's brother sentenced to jail over assault case

Former Arachchikattuwa Pradeshiya Sabha Chairman, Jagath Samantha, was yesterday sentenced to five-and-a-half years’ rigorous imprisonment by the Chilaw High Court after being found guilty of assaulting the Arachchikattuwa Divisional Secretary.

1 min  |

May 16, 2026

The Island

Lanka and Belarus draw roadmap for deeper cooperation in trade, industry, agriculture, tourism, education, and people-to-people ties

Sri Lanka and Belarus reaffirmed their longstanding friendship as Foreign Minister Vijitha Herath met President Aleksandr Lukashenko, in Minsk, during an official visit marking 25 years of diplomatic relations.

1 min  |

May 16, 2026
The Island

The Island

Indian Church leaders hail Tamil Nadu liquor restrictions

Order came a day after the state's first Christian Chief Minister, Joseph Vijay, took office

2 min  |

May 16, 2026
The Island

The Island

ADB’s digital push signals a wake-up call for Sri Lanka

The Asian Development Bank is no longer treating digitalisation as a secondary development theme.

3 min  |

May 16, 2026

The Island

Lanka's eligibility to draw next IMF tranche of USD 700 mn hinges on 'restoration of cost-recovery pricing for electricity and fuel'

The International Monetary Fund (IMF) said on Thursday that the completion of Sri Lanka’s combined Fifth and Sixth Reviews, under the Extended Fund Facility (EFF), remains subject to approval by its Executive Board, which is expected to meet in the coming weeks.

1 min  |

May 16, 2026

The Island

Rain and diseases

The rainy season brings welcome relief from heat and dust, but it also creates conditions that allow cold, flu and fever to spread more easily.

3 min  |

May 16, 2026

The Island

Pan Asia Bank records highest ever quarterly Deposits and Advances growth in Q1 2026

Pan Asia Banking Corporation PLC delivered a robust financial performance in the first quarter of 2026, demonstrating resilience amid a volatile global macroeconomic landscape influenced by ongoing geopolitical tensions in the Middle East.

1 min  |

May 16, 2026
The Island

The Island

LOLC Life Assurance expands branch network to strengthen customer accessibility and service excellence

LOLC Life Assurance continues to reinforce its commitment to delivering accessible, customer-centric life insurance solutions through the strategic expansion of its branch network across key locations in Sri Lanka.

1 min  |

May 16, 2026
The Island

The Island

India hikes fuel prices as Iran crisis bites

World’s third-largest oil importer announce increased fuel prices and austerity measures due to the energy crisis

2 min  |

May 16, 2026
The Island

The Island

Lekamge produces seasonal best to win women's javelin

National thrower Dilhani Lekamge produced her season's best performance to emerge victorious in the women’s javelin event on day two of the Selection Trial held at Diyagama on Friday.

1 min  |

May 16, 2026

The Island

SJB sees govt. hand in allowing unlawful take over of Malwana property by student activists

The main Opposition SJB yesterday alleged that the government has effectively allowed student activists to take control of the controversial Malwana property, once linked to former Minister Basil Rajapaksa.

1 min  |

May 16, 2026
The Island

The Island

The US has long used economic coercion to achieve foreign policy goals — the war in lran shows how that power has declined

Two months after the United States, along with Israel, launched a war against Iran, that conflict appears far from a lasting resolution.

4 min  |

May 16, 2026
The Island

The Island

COPA probe uncovers millions in co-op financial losses

A series of financial losses and recovery failures running into hundreds of millions of rupees have come to light during a parliamentary oversight probe into the Department of Co-operative Development, the Committee on Public Accounts (COPA) has revealed.

1 min  |

May 16, 2026

The Island

Indian geologist held at BIA with cocaine haul

A 60-year-old Indian national was arrested at the arrival terminal of the Bandaranaike International Airport (BIA) yesterday while attempting to smuggle cocaine with a street value of nearly Rs. 108 million through the Green Channel.

1 min  |

May 16, 2026
The Island

The Island

Diana’s voice returns through unheard tapes

A new docuseries about Diana, Princess of Wales, is already creating worldwide attention because it promises something the public has rarely heard before.

4 min  |

May 16, 2026

The Island

NSF opens 2026 awards for science popularisation

The National Science Foundation (NSF) has called for applications for the NSF Science Popularisation Awards for Scientists 2026, aimed at recognising individuals who have made significant contributions to bringing science closer to the public in Sri Lanka.

1 min  |

May 16, 2026
The Island

The Island

ComBank Group’s assets cross Rs. 3.5 tn. in ‘milestone-rich’ first quarter of 2026

The Commercial Bank of Ceylon PLC and its subsidiaries have become the first private sector banking group in Sri Lanka to exceed Rs. 3.5 trillion in assets, one of several achievements in a milestone-studded first quarter of 2026.

3 min  |

May 16, 2026
The Island

The Island

England leave out Crawley, Pope for Lord's season opener

England have dropped both Zak Crawley and Ollie Pope for the opening Test of the home summer against New Zealand at Lord's, as the selectors ushered in a fresh-looking squad featuring three uncapped players.

2 min  |

May 16, 2026
The Island

The Island

Mark and Comm deploys Talkwalker to raise the bar on social intelligence for Sri Lankan brands

The award-winning PR agency brings enterprise-grade social listening and media monitoring to clients as a managed service, appointing Anjalie Munasinghe to lead the practice

1 min  |

May 16, 2026

The Island

Two suspects arrested with ‘Ice’

Two suspects were arrested in the Matara area with Crystal Methamphetamine, more commonly known as “Ice”, during a special search operation carried out by the Sri Lanka Coast Guard, in coordination with the Police Narcotic Bureau last Wednesday (13).

1 min  |

May 16, 2026

The Island

LPL 2026 Opening Game between Jaffna and Galle

The inaugural game of the Lanka Premier League 2026 will be played between the Jaffna and Galle teams, who emerged as the Champions and Runners-up respectively in the 2024 season.

1 min  |

May 16, 2026
The Island

The Island

Investor optimism on IMF’s oncoming tranches elevates bourse to positive heights

The CSE yesterday performed positively as investors were optimistic in the wake of media reports that Sri Lanka is to obtain IMF's fifth and sixth tranches amounting to US$ 700 million.

1 min  |

May 16, 2026

The Island

Nations Trust Bank builds growth momentum in 1Q 2026

Nations Trust Bank PLC (NTB) commenced the financial year on a positive note, delivering a strong performance for the three months ended 31st March 2026, with a Profit After Tax (PAT) of LKR 4.6Bn, marking a 12% yearonyear increase.

1 min  |

May 16, 2026

The Island

India’s Muslim-majority Jammu and Kashmir debates liquor ban

Prohibition supporters argue state’s dependence on liquor revenue cannot override public health, socio-religious concerns

1 min  |

May 16, 2026
The Island

The Island

One in five Lankans suffering from NCDs: Minister

Nearly one in five Sri Lankans is suffering from some form of non-communicable disease (NCD), Health and Media Minister Dr. Nalinda Jayatissa said on Thursday (14), warning that the trend poses a serious public health challenge.

1 min  |

May 16, 2026

The Island

Scientists identify massive new dinosaur following Thailand dig

Equivalent weight of nine elephants, Nagatitan chaiyaphumensis had enough unique features to be considered a new species

1 min  |

May 16, 2026

The Island

Full’r Burgers opens 11th outlet in Malabe

Sri Lanka’s fast-growing burger brand, Full’r Burgers, has expanded its footprint with the opening of its 11th outlet, located at 757/C, Kaduwela Road, North Thalangama, Malabe.

1 min  |

May 16, 2026