News Room : Confidence in Financial System Stability Rises, Says CBSL
Confidence in the stability of Sri Lanka’s financial system has improved in the first half of 2025, according to the latest Systemic Risk Survey conducted by the Central Bank of Sri Lanka (CBSL). The survey results, based on responses from 136 financial sector institutions, reflect a more optimistic outlook compared to previous rounds. The findings indicate a decline in the...
News Room : Committee Appointed to Repeal PTA, Public Consultations to Begin in May
The Ministry of Justice and National Integration has announced the appointment of a committee to examine the repeal of the Prevention of Terrorism Act (PTA). The committee will be chaired by President’s Counsel Rienzie Arsecularatne and is set to begin public consultations in May. In addition to gathering public views, the committee has been tasked with obtaining input from civil...
News Room : CEB Explains Why It Requested Rooftop Solar Shutdown During New Year Holidays
The Ceylon Electricity Board (CEB) has issued an urgent appeal to all rooftop solar users across Sri Lanka, requesting the voluntary disconnection of their systems between 9:00 AM and 3:00 PM daily until 21 April. The request comes in a bid to prevent a possible collapse of the national power grid during the Sinhala and Tamil New Year holidays. The...
News Room : Committee to Probe Allegations Against Deshabandu Tennakoon to Be Appointed Next Week
The appointment of members to the committee investigating allegations against Inspector General of Police Deshabandu Tennakoon is scheduled for next week, according to reports. Speaker of Parliament has reportedly notified the Chief Justice and other relevant parties in writing regarding the matter. As per Standing Orders, the Chief Justice is required to appoint a judge and a professional mutually agreed upon...
News Room : Government to initiate new projects to help rural communities to strengthen the national economy – Prime Minister – The Island
The country’s education system is facing a severe crisis, marked by a growing shortage of teachers for the G.C.E. Advanced Level (A/L) classes, particularly in urban national schools, says the Ceylon Teachers’ Union (CTU), which highlights the government’s failure to take meaningful action despite acknowledging a deficit of approximately 30,000 teachers. CTU Secretary Joseph Stalin told the media on Thursday...
News Room : Pilleyan Detained for 90 Days Under PTA
Police say they have received approval to detain and question Sivanesathurai Chandrakanthan, alias Pilleyan, for 90 days under the Prevention of Terrorism Act (PTA). According to the Police, the detention is in connection with the investigation into the abduction and disappearance of Professor Sivasubramaniam Ravidranath, who served as Vice-Chancellor of the Eastern University from 2004 to 2006. The incident is...
News Room : Sinhala New Year celebrated at ‘Synergy Heart and Soul’ in Makola – The Island
The premises of Synergy Heart and Soul, a school dedicated to differently-abled children in Makola, were filled with laughter and excitement last Monday as students celebrated the Sinhala and Tamil New Year with traditional games and rituals. The children enthusiastically took part in a variety of festive activities, including sack races, tug of war, lime and spoon races, and the...
News Room : New Announcement on Credit and Debit Card Payments on Expressways
In a move to modernise toll collection and enhance commuter convenience, credit and debit card payments are now accepted at the Kadawatha and Kottawa exits on the expressway network, from today (11 March). Transport Minister Bimal Rathnayake announced the development on X (formerly Twitter), stating that starting from 1 May, all expressway exit points will be equipped with an e-payment...
News Room : Ranil Wickremesinghe Summoned by Bribery Commission
Former President Ranil Wickremesinghe has been summoned to appear before the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) on 17 April on 9.30 a.m. in connection with a bribery case filed against MP Chamara Sampath Dassanayake. In a statement, Wickremesinghe clarified that during Dassanayake’s tenure as Chief Minister of Uva Province, the withdrawal of provincial council funds from...
News Room : “US Can’t Dictate Global Order Anymore, China Now Leads Asia” – RW
Former President Ranil Wickremesinghe has strongly criticised the United States’ decision to impose high reciprocal tariffs, warning that it could severely damage Asia’s manufacturing base and shift regional support further toward China. In a video statement commenting on the recent tariff escalation by the US, Wickremesinghe said, “President Trump has blinked. The US does not have the economic capacity to...