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The Island

Who calls the shots on US federal rates?

In effect, central banks affect market sentiment by expanding their balance sheets technically called quantitative easing), since buying long-term bonds lowers their yields, whilst increased liquidity lowers short-term rates, thus changing the whole interest rate curve.

4 min  |

September 05, 2025

The Island

Electricity Consumers' Association to protest against power tariff hike

The Electricity Consumers' Association yesterday charged that the government was planning to raise electricity tariffs by 20 percent.

1 min  |

September 05, 2025

The Island

Diyawadana Nilame Dela's term ends on Sunday

Female Divisional Secretaries not entitled to vote in electing new custodian

1 min  |

September 05, 2025

The Island

Threats to lawyers undermine justice system - BASL

The Bar Association of Sri Lanka (BASL) yesterday raised concern over recent attempts to threaten legal action against Attorneys-at-Law for work undertaken on behalf of clients, stressing that such moves undermined the independence of the legal profession and the administration of justice.

1 min  |

September 05, 2025

The Island

Cinnamon Hotels & Resorts appoints hotelier Kamal Munasinghe as Chief Operating Officer

Cinnamon Hotels & Resorts has appointed Kamal Munasinghe as its new Chief Operating Officer (COO), to lead operations across the brand’s 17 resorts and hotels in Sri Lanka and the Maldives.

1 min  |

September 05, 2025

The Island

CID anti-ragging unit arrests 15 undergraduates

The CID’s Anti-Ragging Unit arrested 15 students of the Eastern University’s Faculty of Technology on Tuesday night (3) following complaints of ragging.

1 min  |

September 05, 2025
The Island

The Island

Sri Lanka's Cherry Barb at the centre of scientific smuggling scandal

Sri Lanka's Cherry Barb (Rohanella titteya), a freshwater jewel revered by aquarists around the world, is at the heart of an explosive scientific controversy involving allegations of flawed research and illegal specimen smuggling.

3 min  |

September 05, 2025

The Island

Akbar Brothers’ major share transaction keeps CSE in state of vibrancy

Alumex PLC in a stock exchange filing yesterday said that a shareholder, Akbar Brothers Ltd., disposed of 80,169,400 shares or 13.39% of the issued shares of the company in the share market. The sales took

2 min  |

September 05, 2025

The Island

Political parties asked to reveal stand on UN call for SL to accept ICC

Retired Rear Admiral D. K. P. Dassanayake said that political parties represented in Parliament should disclose their stand on the UNHRC call for Sri Lanka to accept the International Criminal Court (ICC).

2 min  |

September 05, 2025
The Island

The Island

ODI rankings: Raza new No. 1 allrounder, Maharaj first among bowlers

Zimbabwe allrounder Sikandar Raza is the new No. 1 allrounder in the ICC’s ODI rankings, achieving the feat for the first time.

1 min  |

September 05, 2025

The Island

Maj Gen (Dr) Chrisantha Fernando (Retd) appointed chairman of Lanka Hospitals

Lanka Hospitals is proud to announce the appointment of Maj Gen (Dr) P. A. Chrisantha Fernando (Retd), a highly accomplished Consultant Anaesthetist and decorated former officer of the Sri Lanka Army Medical Corps, as the new Chairman of Lanka Hospitals Group.

1 min  |

September 05, 2025

The Island

Kachchativu to be developed as a tourist destination

Jaffna Diocese says hands off sacred site

1 min  |

September 05, 2025
The Island

The Island

Habarana–Veyangoda Transmission Line Project launched

The Habarana—Veyangoda Transmission Line Project, funded by the Government of Japan under a USD 65 million yen loan, was inaugurated on Wednesday (8) at the New Habarana grid substation.

1 min  |

September 05, 2025

The Island

Dr Rohantha Athukorala appointed to Lotus Hydro Power Board

Business professional Dr Rohantha Athukorala with a 23 years British Multinational experience of UNILEVER, ReckittBenckiser and United Nations( UNOPS) has been appointed to the Board of Lotus Hydro Power PLC - a leading renewable energy in Sri Lanka. Headquartered in

1 min  |

September 05, 2025

The Island

Trump cites 'secondary sanctions' on India as proof of tough stance on Russia

IANS: US President Donald Trump on Wednesday highlighted his \"secondary sanctions\" on India as proof of its tough stance against Russia.

1 min  |

September 05, 2025

The Island

Do you need food with added protein?

Walk into any supermarket today and you will see shelves crowded with snacks, drinks and cereals proudly claiming to have “added protein.” From energy bars to breakfast biscuits and even bottled water, the label has become a powerful selling point.

2 min  |

September 05, 2025

The Island

Left, Right ... or Forward?

The United National Party UNP) was conceived as a liberal-conservative party. Senanayake and his contemporaries articulated a moderate, pragmatic brand of conservatism distinct from today’s mainstream centre-right. Liberal conservatism emphasised the state’s role as an instrument of nation-building while respecting and sustaining cultural traditions and social norms. Intellectually, it drew on Edmund Burke, Alexis de Tocqueville, and the classical economic foundations of Adam Smith, David Ricardo, and John Stuart Mill, figures who tempered markets with moral order, gradual reform, and social stability.

8 min  |

September 05, 2025
The Island

The Island

Kamindu and Nissanka salvage a victory for Sri Lanka

Kamindu Mendis' 41 not out off 16 from number six rescued Sri Lanka from a collapse and catapulted them to victory in a game that seemed to be slipping away.

2 min  |

September 05, 2025

The Island

Remembering Prophet Muhammad's legacy

— Saheefa, the Medina Constitution

4 min  |

September 05, 2025

The Island

Sri Lanka: The beautiful, besieged island

In July 2025, the influential global travel website Big 7 named Sri Lanka the “most beautiful island in the world,” stating that the “teardrop-shaped island off the southern coast of India has it all—golden beaches, terraced tea plantations, timeworn temples, colonial towns, misty mountains, and wildlife safaris ... elephants and leopards.”

6 min  |

September 05, 2025

The Island

WindForce launches Employee Share Option Scheme

WindForce PLC proudly announced the launch of its Employee Share Option Scheme (ESOS), following shareholder approval at the Extraordinary General Meeting held on 21 August 2025.

1 min  |

September 05, 2025

The Island

Demarcation of boundaries of 15 more reservoirs will commence later this month

The Department of Irrigation has announced that the demarcation of boundaries of 15 more reservoirs will commence later this month. Work on the demarcation of Kandy Lake, Tissa Wewa, and Ridiyagama Wewa is already underway it has said.

1 min  |

September 05, 2025

The Island

Siyapatha Finance initiates financial literacy programmes covering all provinces

In celebration of a 20-year-long journey of changing lives through comprehensive financial solutions and awareness, Siyapatha Finance PLC successfully concluded its nationwide financial literacy programme with a goal of connecting with and promoting responsible financial behavior among existing as well as prospective customers.

1 min  |

September 05, 2025

The Island

Sri Lanka to establish Cyber Security Authority and National Threat Hunting Lab

Sri Lanka is set to fortify its digital economy with sweeping cyber security reforms, including the creation of a powerful new Cyber Security Authority and a state-of-the-art National Malware Threat Hunting Lab.

1 min  |

September 05, 2025

The Island

Suspect connected to Lankan criminals repatriated from Indonesia netted by police

A 32-year-old suspect connected to underworld assassinations was arrested on Tuesday night at Holbrook, Agarapathana by the STF and handed over to the Agarapathana Police, yesterday.

1 min  |

September 05, 2025
The Island

The Island

Brilliant Anisimova gains revenge on Swiatek

Amanda Anisimova says she rewatched her heavy Wimbledon final defeat by Iga Swiatek to inspire her to \"the most meaningful victory of my life\" over the second seed in the US Open quarterfinals.

2 min  |

September 05, 2025

The Island

Ocean warming projected to stall expected mangrove recovery

Increasing ocean temperatures will erase mangrove restoration gains expected to occur due to economic development and conservation, according to a new study from researchers at UC San Diego’s Scripps Institution of Oceanography.

3 min  |

September 05, 2025

The Island

St. Benedict's College Soccer Legends Day

The green carpet will be rolled out at the St Benedict’s College grounds today to welcome the generations of St Bennett's College Soccer Legends who wore the green and white with pride.

1 min  |

September 05, 2025

The Island

Police stations’ utilities disconnected due to non-payment of bills

Several police stations in the Nuwara Eliya Division have faced service disruptions due to unpaid telephone and utility bills.

1 min  |

September 05, 2025

The Island

Fort Magistrate acquits ex-IGP Pujith from case

Colombo Fort Magistrate Nilupuli Lankapura Wednesday (03) acquitted former IGP Pujith Jayasundara, charged with assault and criminal intimidation of Samarakon Banda, an elevator operator serving at the Police Headquarters.

1 min  |

September 05, 2025