News Room : Shafali Verma, Niki Prasad star as Delhi Capitals seal last-ball thriller
Barely 24 hours after 202 was chased down easily on the opening night of WPL 2025, a target of 165 proved to be tricky on the same pitch for Delhi Capitals, who got over the line on the last ball against Mumbai Indians for a two-wicket win. It came down to 30 from 18, 10 from six, two off...
News Room : Coconut auction volumes down
By Nisheni Atapattu ECONOMYNEXT – Sri Lanka’s coconut auction volumes dropped to 21,569 nuts, with 89,687 nuts offered, recording an all time low at this week’s auction, Coconut Development Authority data showed. The auction was conducted at a fixed price of 140,000 rupees for a thousand nuts for the fourth straight week on February 13. It is uncertain why all the nuts offered...
News Room : Sampath Bank renews Platinum Partnership with Sri Lanka Institute of Directors – The Island
Sampath Bank is proud to renew its Annual Platinum Corporate Partnership with the Sri Lanka Institute of Directors (SLID) for 2024–2025. This collaboration highlights a shared commitment to advancing Corporate Governance across Sri Lanka, empowering organisations in their pursuit of ethical and transparent practices in both the private and public sectors. As a Platinum Corporate Partner of SLID, Sampath Bank...
News Room : Brian Bennett’s 169 puts Zimbabwe 1-0 up
Brian Benett delivered a Valentine Day’s gift to all the cricket lovers at Harare Sports Club with a sublime 169 to set up Zimbabwe’s 49-run win in the first ODI against Ireland on Friday. Promoted to opener for the first time in ODI cricket, Bennett struck 56.52% of Zimbabwe’s total to give Ireland a target of 300 to chase. Along...
News Room : Coal giant awakes, but uncertainty prevails – The Island
The Norochcholai coal-fired power plant, which came to a standstill on Sunday due to an emergency grid shutdown across the country, shuddered back into life yesterday, feeding the starved grid. The Ceylon Electricity Board (CEB) announced that there would be no more power cuts. The public, troubled by planned power outages, which are as problematic as unplanned ones, must...
News Room : Foreign investors’ exit from SL a serious matter, Premadasa tells Parliament
By Saman Indrajith Following Adani Group’s withdrawal from a controversial wind energy project in Sri Lanka, Opposition Leader Sajith Premadasa yesterday (14) raised concerns over the exit of foreign investors, warning that it was a serious situation. Addressing Parliament, Premadasa said that all transactions had to be conducted in a transparent manner and the exit of foreign investors was a matter...
News Room : ADB allocates USD 900 mn for Sri Lanka’s development in 2025 – The Island
The Manila-based Asian Development Bank (ADB) has earmarked an indicative envelope of US$900 million for Sri Lanka’s development in 2025. Subject to government approval, the funding will support macroeconomic stability, power, agriculture, finance, tourism, and skills development. The assistance will be provided through policy-based loans, results-based lending, investment projects, and technical assistance initiatives, according to senior representatives of the ADB...
News Room : Trump’s assault on USAID leaves China soft power opening in Southeast Asia
As the United States winds back humanitarian assistance in Southeast Asia, its rival China may see an opportunity to expand its influence in a region where it has directed billions of dollars in investment and aid, analysts say. In a little over three weeks since US President Donald Trump’s inauguration, Washington has frozen nearly all foreign aid and moved to...
News Room : Trump announces India energy deal after Modi talks – The Island
As the United States winds back humanitarian assistance in Southeast Asia, its rival China may see an opportunity to expand its influence in a region where it has directed billions of dollars in investment and aid, analysts say. In a little over three weeks since US President Donald Trump’s inauguration, Washington has frozen nearly all foreign aid and moved to...
News Room : Opp. asks EC to hold LG polls in late April; budget debate, O/L exam cited as reasons
Several Opposition parties have urged the Election Commission (EC) to postpone the local government (LG) polls until late April 2025 in view of the upcoming budget debate and the Sinhala and Tamil New year. The Samagi Jana Balawegaya (SJB) and the Sri Lanka Freedom Party (SLFP), among others, have formally submitted a written request to the EC, citing multiple concerns. Speaking...