News Room : Sri Lanka gears up to host ASBC Asian Under-22 and Youth Boxing Championships – The Island

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Under 19 Cricket Sri Lanka Under 19 batsman Sharujan Shanmuganathan hammered an unbeaten double century- his best batting performance in the school circuit- to propel St. Benedict’s to their highest total of the season in the Under 19 traditional cricket encounter at Kotahena on Tuesday. The Bens’ skipper cracked 17 fours and eight sixes in his unbeaten knock which powered the...

News Room : The people crown Lolc for ninth consecutive year – The Island

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Orient Finance PLC has reported an outstanding financial performance for the nine-month period ended December 31, 2024, showcasing significant growth in key financial indicators compared to the corresponding period in 2023. The Company recorded a remarkable 161% increase in profit after tax, reaching Rs. 254.6 million compared to Rs. 97.6 million in the same period of the previous year. Net...

News Room : Sutheash Balasubramaniam Joins Ceylon Hotels Corporation Board

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Sutheash Balasubramaniam has been appointed as an Independent Non-Executive Director on the Board of Ceylon Hotels Corporation PLC. He is the Managing Director – Sri Lanka of BookingWhizz Ltd., England, and is currently pursuing professional certification in coaching, accredited by the International Coaching Federation. Balasubramaniam previously served as Managing Director of the Sri Lanka Tourism Promotion Bureau, Director/CEO of Hayleys Companies,...

News Room : Assets of Former Welikanda OIC Frozen

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The Polonnaruwa Magistrate’s Court today (25 March) ordered the freezing of assets belonging to the former Officer-in-Charge (OIC) of the Welikanda Police, who is evading arrest after a warrant was issued against him in connection with a dairy cattle smuggling case. The court issued the order following a notification from the Anuradhapura Divisional Criminal Investigation Bureau, which reported that the...

News Room : Former State Minister Sathasivam Viyalendiran Arrested

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Former State Minister Sathasivam Viyalendiran has been arrested by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC). He was subsequently produced before the Hulftsdorp Magistrate’s Court and has been ordered remanded until 1 Apr

News Room : Redefining Corporate Responsibility: Asia Asset Finance’s Clean Sri Lanka ‘Hetata Atak’ Moves a Nation

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In an era where corporate social responsibility (CSR) is often reduced to symbolic efforts, Asia Asset Finance PLC is charting a new course, proving that true leadership is measured by impact, integrity, and involvement. With the launch of ‘Asia Asset Finance Clean Sri Lanka – Hetata Atak,’ the company has set in motion an ambitious, island-wide initiative that goes...

News Room : Fact-Checking the Fact-Checkers: Journalist Issues LoD to Fact-Checking Organisation

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Journalist Nirosh Maithri has filed a lawsuit against Crescendo Transcription Pvt Ltd, seeking Rs. 100 million in damages for ‘reputational harm’ caused by a fact-checking report published by Factcrescendo – Sri Lanka. The lawsuit stems from a Facebook post Maithri made on 8 February 2025 regarding a post that had appeared on President Anura Kumara Dissanayake’s official Tamil media Facebook...

News Room : US military plans leaked in group chat

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The White House confirmed on Monday (24) that senior Trump administration officials unwittingly included a journalist in a group chat about US military plans. The Signal messaging app chat about upcoming military strikes reportedly included several members of President Donald Trump’s cabinet, including Vice President J.D. Vance and Defense Secretary Pete Hegseth. Jeffrey Goldberg, editor of The Atlantic magazine, published a...

News Room : Bets on central bank to keep rates unchanged at next policy meeting

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The central bank is set to keep rates on hold this week when it meets for the second time this year to decide the key policy rate, after leaving the overnight policy rate (OPR) unchanged at its meeting in January. In January, limited price pressures and, indeed, deepening deflationary conditions, falling interest rates and the recovery in the economy, were...

News Room : Flight Turns Back After Pilot Forgot Passport

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A United Airlines 787 flight from Los Angeles to China was forced to turn back this weekend after it was discovered that a pilot had taken off without his passport, the airline told CNN in a statement. Flight 198 departed LAX at 2 p.m. Saturday with 257 passengers and 13 crew members on board and headed northwest across the Pacific...