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इस अंक में

July 23, 2025

Court order against House of Fashions in case filed by 'Under Armour'

“UNDER Armour,” a world-renowned brand in the sports apparel industry, successfully obtained an interim injunction from the Commercial High Court of Colombo against House of Fashions for selling counterfeit Under Armour garments.

1 mins

Six airlines owe Rs. 27.6 b in unpaid embarkation levy: Deputy Minister

Civil Aviation Deputy Minister Janitha Kodituwakku reveals SriLankan Airlines is top defaulter with staggering Rs. 24.6 b in arrears, followed by AirAsia Berhad with Rs. 88 m, Aeroflot with Rs. 508 m, Air India with Rs. 57 m, Thai AirAsia with Rs. 221 m and Fits Aviation with Rs. 2.1 b

1 mins

Transparency International challenges National Audit (Amendment) Bill in SC

THE Transparency International Sri Lanka (TISL) yesterday filed legal action in the Supreme Court challenging the National Audit (Amendment) Bill which was published in the gazette on 23 June 2025.

2 mins

CSE CEO appointment referred to AG's opinion over conflict of interest

THE appointment of the Chief Executive Officer (CEO) at the Colombo Stock Exchange (CSE) has been referred to the Attorney General (AG) for an opinion over alleged conflict of interest.

2 mins

Cyber Threat and Malware Analysis Research Unit to support country's digital transformation

THE Cabinet of Ministers on Monday approved establishing a dedicated research unit within the Sri Lanka Computer Emergency Readiness Team (Sri Lanka CERT) to strengthen national cybersecurity capabilities in line with the country's accelerating digital transformation agenda.

1 mins

SL urged to build shared compliance framework for export survival

Legal expert Shyamali Ranaraja calls for national action on EU due diligence law; proposes collaborative model involving Govt., JAAF, EDB, NCE and others to build reporting and compliance mechanism Suggests revisiting idea of Sri Lanka-specific compliance standard, possibly under SLSI, to meet evolving global due diligence expectations Highlights exporters' risk exclusion from EU supply chains unless urgent, coordinated action is taken Notes cost and complexity of compliance too high for MSMEs to manage alone, calling for collective responsibility Points to importance of centralised platforms for monitoring environmental and human rights standards, enabled by digital tools like blockchain, QR traceability and digital product passports Asserts exporters not wait for EU buyers to demand documentation, as retrospective compliance will be expected

4 mins

Sri Lanka to sign MoU with National University of Singapore for Al collaboration

THE Cabinet of Ministers at their meeting on Monday approved signing a Memorandum of Understanding (MoU) between the Digital Economy Ministry and the National University of Singapore (NUS), paving the way for strategic collaboration in the field of Artificial Intelligence (AI).

1 mins

Asia Capital to divest control of stockbroking firm

ASIA Capital PLC yesterday announced plans to divest control of its stockbroking arm.

1 mins

HRCSL submits parallel report to United Nations Committee on Enforced Disappearance

Reveals over 27,000 cases of missing persons considered by past commissions of inquiry

3 mins

Parliament postpones debate on Electricity (Amendment) Bill

THE Committee on Parliamentary Business has decided not to proceed with the scheduled debate on the Sri Lanka Electricity (Amendment) Bill, which was initially set for tomorrow (24).

1 mins

SC stays Appeal Court ruling on naming Deshabandu Thennakoon as suspect in 2022 Galle Face attacks

THE Supreme Court yesterday stayed a ruling by the Court of Appeal that had invalidated a directive from the Attorney General to the Police to name suspended Inspector General of Police (IGP) Deshabandu Thennakoon as a suspect over the 9 May 2022 Galle Face attacks.

1 mins

Sri Lanka Insurance Life Suba Pathum Scholarship award ceremony today

THE much-anticipated Sri Lanka Insurance Life ~ Suba Pathum Scholarship Awards Ceremony will take place today at the Main Hall of the Bandaranaike Memorial International Conference Hall (BMICH), Colombo 07.

1 mins

MTI in Zimbabwe for strategy consulting assignment

MTI's Regional Team in Zimbabwe with CEO Hilmy Cader

1 mins

Leema Creations marks Silver Jubilee with elegance: Opens new chapter

IN a flamboyant celebration of creativity, resilience, and innovation, Leema Creations, the premier interior solution provider in the field of interior design, has announced its Silver Jubilee — 25 years of transforming spaces and touching lives.

2 mins

President nominates Justice Surasena for Chief Justice post: Cabinet Spokesman

CABINET Spokesman and Minister Dr. Nalinda Jayatissa yesterday confirmed that President Anura Kumara Disanayake has nominated Justice Preethi Padman Surasena for the position of Chief Justice and submitted his name to the Constitutional Council for approval.

1 mins

Cabinet approves coal procurement bid for Norochcholai power plant

THE Cabinet of Ministers on Monday approved calling for bids for coal procurement for Norochcholai Lakvijaya Power Plant for upcoming season 2025/2026.

1 mins

Health Ministry calls for Eols to source 2026 medical supplies from local manufacturers

THE Cabinet of Ministers on Monday approved calling for Expressions of Interest (Eols) and technical proposals from local manufacturers for the supply of medicines and other medical equipment for 2026, continuing efforts to boost domestic pharmaceutical production.

1 mins

Parliament approves minimum wage hike for private sector and Budget relief amendments

PARLIAMENT yesterday unanimously passed the Minimum Wages Bill, raising the minimum wage for private sector employees from Rs. 21,000 to Rs. 27,000 effective April 2025, with a further increase to Rs. 30,000 starting next year.

1 mins

SL to ink MoU with South Korea’s Bosong to deploy seasonal agricultural workers on E-8 visa

THE Cabinet of Ministers at their meeting on Monday approved the signing of a memorandum of understanding (MoU) between Sri Lanka and the Bosong Local Government in South Korea to send workers under the E-8 Visa category as seasonal employees.

1 mins

History still part of curriculum amid education reforms: Cabinet Spokesman

Education reforms misconceptions debunked Cabinet Spokesman Dr. Nalinda Jayatissa labels Opposition allegations as politically motivated and misleading Confirms reforms are still under consultation, with pilot implementation in Grades 1 and 6 Asserts Education Ministry open to hold stakeholder discussions for feedback; reforms aim to address outdated content and include technology education Parliament to hold adjournment debate on reforms tomorrow

1 mins

DIMO powers Marina Square - Colombo with state-of-the-art low voltage electrical solutions

DIMO, a leading diversified conglomerate in Sri Lanka, has successfully secured the order for design and supply of a comprehensive Low Voltage (LV) power distribution system for Marina Square – Colombo. This is one of the most prestigious and luxurious real estate developments in Colombo. This landmark project sets a new benchmark for upscale urban living in Sri Lanka, featuring 1,088 luxury apartments, a high-end retail mall, and premium amenities.

2 mins

SriLankan Cargo joins Freightos: New digital bridge to South Asian markets

SRILANKAN Cargo, the air freight arm of SriLankan Airlines, has joined WebCargo by Freightos, a leading digital booking and payment platform for international freight.

1 mins

"RDB Quiz" competition of RDB Bank

IN celebration of its 40th anniversary, the Regional Development Bank (RDB), Sri Lanka's premier state-owned development bank, organised the 'RDB Quiz' program.

1 mins

People's Bank celebrates winners of 'Ran Kaasi Vaasi' and 'Vanitha Pranama' campaigns

PEOPLE’S Bank recently held the prize awarding ceremony of the ‘Ran Kaasi Vaasi’ and ‘Vanitha Pranama’ promotional campaigns under the People’s Remittance Vaasi Kotiyai 2025 - Dolosmahe Vaasi Chakraya program at the bank’s Head Office in Colombo 2.

1 mins

UK-Based Global Banking & Finance Awards recognises Janashakthi Life for digital transformation

JANASHAKTHI Life has been named the Best Life Insurance Company for Digital Transformation — Sri Lanka 2025 by the prestigious UK-Based Global Banking & Finance Awards, a recognition that reinforces the company’s leadership in digital innovation and its commitment to delivering cutting-edge insurance solutions tailored to the evolving needs of customers.

2 mins

Union Assurance celebrates new era of expansion at Partnership Distribution Annual Awards 2024

UNION Assurance, recently celebrated its bancassurance and corporate channels at the Partnership Distribution Annual Awards 2024 held at Cinnamon Life at City of Dreams.

1 mins

Bangladesh central bank honours Sri Lankan bankers for foiling 2016 cyber heist

BANGLADESH’S central bank (Bangladesh Bank) hosted a special award ceremony at its headquarters in Motijheel on 17 July, to formally recognise officials from Sri Lanka’s Pan Asia Banking Corporation PLC for their role in preventing a $ 20 million fraudulent transaction during the infamous 2016 Bangladesh Bank reserve heist incident.

1 mins

Fitch rates Commercial Bank's Basel III subordinated green bond final 'A'

FITCH Ratings has assigned Commercial Bank of Ceylon PLC's (COMB; AA-(lka)/ Stable) proposed Sri Lankan rupee-denominated Basel III-compliant subordinated green bonds of up to Rs. 15 billion a final National Long-Term Rating of 'A(lka)'.

1 mins

CSE sustains new high levels amidst healthy turnover

THE Colombo stock market yesterday managed to inch further up from its all-time high levels amidst healthy turnover.

1 mins

HNB Assurance and Flash Health join hands to redefine wellness for policyholders across Sri Lanka

IN a move towards reimagining the future of accessible, digital-first healthcare, HNB Assurance PLC and Flash Health entered a partnership to enhance the wellness experience for policyholders. This collaboration brings together the trust and legacy of one of Sri Lanka’s leading insurance providers with the innovation and agility of a health-tech disruptor, creating a future where wellness is not just promised, but truly delivered.

1 mins

AIA Insurance’s Suwa Walan campaign sparks national dialogue on breast cancer awareness

AIA Insurance’s pioneering initiative, Suwa Walan, made a powerful impression at the Medicare ~ International Healthcare Exhibition, Sri Lanka’s largest healthcare event recently.

1 mins

Ceilao Insurance Brokers forges exclusive partnership with Nawaloka Hospitals to redefine healthcare accessibility

CEILAO Insurance Brokers has announced a groundbreaking exclusive partnership with Nawaloka Hospitals, one of Sri Lanka’s leading private healthcare institutions.

1 mins

Ceylinco Life completes six ‘Waidya Hamuwa’ free health camps in first half of 2025

CEYLINCO Life has successfully conducted six free health camps under its flagship 'Waidya Hamuwa' (Meet the Doctor) community health program in the first half of 2025, continuing the Company's longstanding commitment to improving public health outcomes in underserved areas.

1 mins

Baurs Healthcare celebrates 80 years of excellence in bringing world-class healthcare to Sri Lanka

BAURS Healthcare, the healthcare division of A. Baur & Co. Ltd., widely known as Baurs, a leading conglomerate with diversified business interests in Sri Lanka and a pioneer and innovator in various industry verticals, proudly celebrates its 80th anniversary this year, coinciding with the 128th anniversary of its parent company.

2 mins

AHRP Sri Lanka participates in SHRM 25 Conference in San Diego

THE Association of Human Resources Professionals-Sri Lanka (AHRP) participated in the prestigious SHRM 25 Annual Conference and Expo held from 29 June to 2 July, at the San Diego Convention Center. The conference brought together industry leaders to network, gain insights on workforce trends, and acquire practical skills essential for advancing the profession.

1 mins

BConnected to champion disability-inclusive hiring with dedicated employer engagement event

IN a bold and necessary step towards transforming Sri Lanka's recruitment landscape, BConnected has announced a dedicated initiative under the banner Disability-Inclusive Hiring, Simplified.

2 mins

Great Place To Work unveils Sri Lanka's 40 Best Workplaces for 2025

IN its 13th consecutive year of championing exceptional workplace culture, Great Place To Work Sri Lanka has officially unveiled the list of the 40 Best Workplaces in Sri Lanka for 2025.

2 mins

Malaysia Airlines to launch A330 wide-body flights to Colombo from August

MALAYSIA Airlines has announced the addition of three weekly wide-body flights to Colombo, Sri Lanka, starting from 22 August, in response to increasing passenger demand on its regional network.

1 mins

Embassy of Sri Lanka in Hanoi hosts tourism promotional seminar to boost travel cooperation with Vietnam

THE Embassy of Sri Lanka in Hanoi successfully hosted a tourism promotional seminar on 14 July, to strengthen tourism ties between Vietnam and Sri Lanka and to promote Sri Lanka as an exciting and diverse destination for Vietnamese travellers.

1 mins

Shehan Safraz new GM at Granbell Hotel Colombo

GRANBELL Hotel Colombo, a flagship property of Belluna Lanka, the Sri Lankan arm of Belluna Co. Ltd., Japan has announced the appointment of Shehan Safraz as its General Manager.

2 mins

Embassy in Berlin holds tourism promotion event focusing on longer stays for senior citizens in Germany

SRI Lankan Embassy in Berlin in collaboration with Hertha-Müller-Haus in Berlin and the Sri Lanka Tourism Promotion Bureau (SLTPB), conducted a Sri Lanka tourism promotion event titled 'Explore Sri Lanka' on 15 July, in Berlin.

1 mins

EGYPT'S RENAISSANCE: BUILDING A NEW HORIZON

Ancient legacy, modern ambition: Egypt forges a new horizon of growth and global influence

7 mins

Fate of Sri Lankan exports amidst unpredictability of Trump tariffs

WITH just one week away from the reciprocal US import tariffs coming into effect, the state of the negotiations between Colombo and Washington for a trade deal is causing a great deal of anxiety and concern.

3 mins

Towards sustainable growth: Expanding Swiss-Sri Lanka economic cooperation

SWITZERLAND, one of the world’s most advanced economies and Sri Lanka, a South Asian nation with a strategic location, have maintained diplomatic relations since 1956.

4 mins

Expectations and disappointments

IT is nearing 11 months since Anura Kumara Disanayake became President and nine months since the JVP-NPP coalition was put in power with an unassailable two-third majority in Parliament. Both were made possible by a new generation of Sri Lankans awakened by an accelerating desolation of the country’s democratic governance, economic development and its socio-cultural heterogeneity.

5 mins

Coconut growers in dilemma

SRI Lanka, often celebrated as the land of the “Tree of Life,” is facing an alarming crisis in one of its most vital agricultural sectors—the coconut industry.

3 mins

Duple drub in Colombo shifts Rugby Monarchy to Kandy

THE fall of two more undefeated Superpowers from the Capital, shifts the Kingdom of Schools Rugby to the Hills, at least momentarily.

10+ mins

NOC awards National Course Directors

THE Awarding Ceremony for National Course Directors was held recently marking a significant milestone in Sri Lanka’s sports administration development efforts.

1 mins

Pin and Pam Fernando golf: Jayalath and Anouk triumph

THE Pin Fernando and Pam Fernando Trophy golf encounters took place at the Royal Colombo Golf Club (RCGC) with Jayalath Perera accounting for the Pin Fernando trophy while the Ladies’ winner was Anouk Chitty who walked away with the Pam Fernando trophy.

1 mins

40th Rowing National Championships kicks off today

THE Amateur Rowing Association of Sri Lanka (ARASL) has announced the highly anticipated 40th Sri Lanka Rowing National Championships, set to take place from 23 to 26 July at the iconic Diyawanna Rowing Centre in Battaramulla.

1 mins

Senuja Vehan Halwathura scores 3rd consecutive fifty in U15 Division 1 tournament

SENUJA Vehan Halwathura, the skipper of Mahinda College Under-15 (Division 1) cricket team, continued his impressive form by scoring his third consecutive half-century in the tournament.

1 mins

Sri Lanka announces Under-20 Sevens squad

SRI Lanka's Under-20 Sevens squad is gearing up for next month's two-day international rugby tournament in Bihar, India, with a strong mix of school and club talent in the provisional 15-member squad which will see 12 touring members to be selected early next week.

1 mins

Diniru, Rashmika win top honours at Matara District Cricket Awards

D I N I R U Abeywickremasinghe of St. Servatius College and Rashmika Sewwandi of Anula Vidyalaya were named the male and female cricketers of the year at the Matara District Cricket awards ceremony held on Sunday night.

1 mins

Weatherald (183), Sangha (121*) put Sri Lanka 'A' bowling to sword

JAKE Weatherald’s 13th first-class century and skipper Jason Sangha’s unbeaten knock of 121 saw Australia ‘A’ come up with a powerful reply on day three of the second 4-day unofficial test against Sri Lanka ‘A’ at the Marrara Oval, Darwin yesterday.