News Room : Fourth IMF Tranche Signals Progress, But Challenges Remain – Deputy Finance Minister

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Deputy Minister of Finance and Planning Dr. Harshana Suriyapperuma stated that the approval of the fourth tranche of the IMF bailout package is a significant milestone, given the country’s economic situation. “It’s an important outcome because it reinforces continuity and consistency in the path toward economic stability,” he told reporters in Colombo today (01). On Friday, the IMF Executive Board completed...

News Room : Former Speaker Calls for Audit On Rs 33.4 Million Fuel Expense During Tenure

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Former Speaker Mahinda Yapa Abeywardena has requested an audit into his fuel expenses during his tenure. His statement follows Leader of the House Bimal Rathnayake’s presentation of expenditure reports to Parliament this week, detailing vehicle and fuel usage by various officials, including former Speakers. According to the report, 70 staff members were stationed at the Speaker’s official residence until November 2024....

News Room : CPC Assures No Fuel Crisis as New Distributor Benefit Formula Replaces 3% Discount

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The new formula for fuel distributors will offer greater benefits than the previous 3% discount, according to Ceylon Petroleum Corporation (CPC) Chairman D.J. Rajakaruna. As part of this change, the CPC has decided to abolish the 3% discount previously given to fuel distributors and replace it with a revised benefit structure. In response, the Fuel Distributors’ Association announced yesterday (28) that...

News Room : ‘A Person with a Ferrari Licence Won’t Waste Time with L Boards’ – RW Dismisses Reports of Parliamentary Return

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Former President Ranil Wickremesinghe has refuted claims that he plans to return to Parliament at the end of the year following the resignation of a National List MP from the National Democratic Front (NDF). Speaking to the media after a meeting with NDF’s Young Lawyers, Wickremesinghe said: “A person with a Ferrari licence won’t waste time with those holding L boards....

News Room : Two More Suspects Arrested Over Ganemulla Sanjeewa’s Assassination

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The Colombo Crimes Division (CCD) has arrested two more suspects in connection with the assassination of Sanjeewa Kumara Samararatne, also known as Ganemulla Sanjeewa. The suspects were apprehended yesterday (28) in Minuwangoda on suspicion of aiding and abetting the crime. Udara Nirmal Gunaratne, a 28-year-old resident of Medagowwa, Minuwangoda, was arrested for allegedly providing the SIM cards used to facilitate the...

News Room : Lanning, Shafali, Jonassen lead Delhi Capitals to top of WPL table

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Delhi Capitals (DC) made it 12-1 for chasing teams in WPL 2025 as they beat Mumbai Indians (MI) by nine wickets in Bengaluru. The win, coming with 5.3 overs to spare, also helped DC replace MI at the top of the points table. They now have eight points from six games and MI six from five. After being sent in,...

News Room : Breaking: Court Orders Arrest of Deshabandu Tennakoon

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The Matara Magistrate’s Court has ordered the arrest of six suspects, including suspended IGP Deshabandu Tennakoon, and their production before the court. The order has been issued in connection with a shooting incident that took place near the W15 Hotel in Palana, Weligama of Matara on 31 December 2023. According to legal proceedings under case number 6314/23, the suspects, including suspended...

News Room : How Did AKD Spend Only Rs. 1.8 Million on Three Foreign Trips? -Nalinda Jayatissa Explains

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Chief Government Whip Nalinda Jayatissa today (28 February) provided a breakdown of the Rs. 1.8 million spent by the Presidential Secretariat on President Anura Kumara Dissanayake’s three official foreign visits since assuming office. Speaking in Parliament, Jayatissa clarified that a President’s foreign visits fall into several categories: state visits, duty visits, invitation-based visits, and private visits. “We only disclosed the expenses...

News Room : Sri Lanka ‘A’ Tri-Series in UAE: Schedule Announced

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28th February 2025 at 12:50 PM Sri Lanka ‘A’ will tour the UAE from April to May to take part in a limited overs (ODI) Tri-Series against Afghanistan ‘A’ and Ireland ‘A’. According to Sri Lanka Cricket (SLC), the Tri-Series will be organised by the Afghanistan Cricket Board. Following the Tri-Series, Sri Lanka will also play a four-day match against hosts Afghanistan.

News Room : US lawmakers warn China could use Musk to influence Trump

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Republican and Democratic leaders on the US House of Representatives Select Committee on China warned on February 25 that Beijing could try to use billionaire Elon Musk to win favorable American policies, and that Washington should oppose any such efforts. Republican committee chairman John Moolenaar and Democratic ranking member Raja Krishnamurthy said they believe the Chinese Communist Party wants to...