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Sri Lanka inflation 5.4% in April 2026 after sharp fuel price hike

Apr 30 (EN) SL’s overall rate of inflation, as measured by the Colombo Consumer Price Index (CCPI), touched near the Central Bank’s upper inflation target rate of 5.4% in April 2026, data showed. The Central Bank had expected to reach its mid-term target of 5% much later than April and analysts say the sudden increase may pressure the Central Bank to tighten its monetary policy sooner rather than later. more..

Sri Lanka improves to 134th in 2026 World Press Freedom Index

Apr 30 (NW) SL has climbed five places in the 2026 World Press Freedom Index, ranking 134th out of 180 countries with a global score of 40.77. The latest report by Reporters Without Borders (RSF) marks an improvement from 2025, when the country was placed 139th. According to RSF, press freedom issues in SL are closely tied to the civil war that ravaged the island until 2009, as well as the still-unpunished crimes of violence against numerous journalists when the Tamil rebellion more..

Foreign Ministry appeals to track next of kin of woman detained in Saudi Arabia

Apr 30 (NW) SL’s Ministry of Foreign Affairs has appealed to the public for assistance in locating information about the next of kin of Ms. Rahima Sahabdeen, a Sri Lankan national currently detained in the Kingdom of Saudi Arabia. The request follows a notice from the Consulate General of SL in Jeddah, which highlighted the urgent need to establish her identity in order to facilitate repatriation. Ministry of Foreign Affairs explained that Ms. Rahima is suffering from memory loss more..

Video: Finance Ministry official interdicted over $2.5M cyber fraud found dead at home

Apr 30 (AD) An Assistant Director at the External Resources Dept of the Finance Ministry, who had been interdicted over the alleged theft of USD 2.5 million by hackers, has reportedly been found dead under suspicious circumstances at his residence in Kuliyapitiya. He was reportedly found dead at his residence in Kuliyapitiya today by relatives who then proceeded to inform the police. Police officers have already visited the scene more..

EU mobilises €2.6 million to strengthen civil society in Sri Lanka

Apr 30 (AD) European Union (EU)-funded Together We Rise initiative, implemented by World Vision and SAFE Foundation in Sri Lanka, is a €2.6 million project designed to strengthen civil society and promote human rights, inclusion and accountable governance. Over three years, the project will support 50 civil society organisations (CSOs) by providing targeted training and resources, while also engaging govt institutions, policymakers and 250 social activists to enhance transparency, more..

May Day mirror 2026: Sajith vs. Anura; SJB vs. JVP-NPP

Apr 30 (FT) May Day 2026 holds up a mirror before SL’s politico-electoral reality. Contrary to mirages of multipolarity, the political contest reveals itself as strategically bi-polar: Sajith Premadasa vs. Anura Dissanayake; SJB vs. JVP-NPP. The country’s essential choice of leadership in 2029 is discernible. It is a pity that the SLPP isn’t celebrating May Day. While 1 May is indeed a Poya (full moon) Day, it isn’t Vesak. Observances of sil are usually completed in the morning. more..

රජයේ මුදල් පිළිබඳ කාරක සභා රැස්වීම

Sri Lanka’s GI and IP advantage

Apr 30 (EN) With SL’s export competitiveness steadily declining in major destination markets amid global economic uncertainty, the need to explore innovative tools for sustaining export growth has become urgent. Improving export competitiveness is essential for robust growth. One powerful, yet often underutilised, tool in this effort is the country’s intellectual property rights (IPR) system. SL stands at a critical juncture as the int'l community marks World Intellectual Property (IP) Day in April. more..

Why do people really pay taxes?

Apr 30 (FT) In SL, as in many developing economies, most citizens pay taxes almost without noticing it. Every supermarket bill, litre of fuel, mobile reload, restaurant payment, or transport fare quietly includes a tax component. These indirect taxes are built into prices, collected instantly, and rarely questioned. Direct taxes, however, are different. Income tax is visible, personal, and intentional. It requires an individual or business to stop, calculate, declare, and consciously decide to comply. more..

Treasury Secretary declines CoPF summons today

Apr 30 (FT) Treasury Secretary Dr. Harshana Suriyapperuma has declined to appear before the CoPF today stating that Prez and Finance Minister Anura Kumara Dissanayake was expected to address Parliament on the $ 2.5 million Treasury breach. CoPF Chairman MP Dr. Harsha de Silva was not having any of it. “This is a kick in the face of the promised ‘system change’ the people of this country voted for. It is also a breakdown of more..

Treasury Secretary requested rescheduling of COPF appearance, dy minister clarifies

Apr 30 (NW) Deputy Minister Kaushalya Ariyarathne has clarified media reports regarding Treasury Secretary Harshana Suriyapperuma informing the COPF that he would be unable to appear before the committee on Thursday. COPF Chairman Harsha de Silva said he had received a letter from the Treasury Secretary stating that he is unable to attend the committee meeting scheduled for Thursday. He added that the Treasury Secretary had cited the President’s intention to make a statement more..

No politics in sports: SJB moves against Eran

Apr 30 (NW) SJB has asked former MP Eran Wickramaratne to relinquish his party membership following his recent appointment to head SLC’s Transformation Committee. SJB General Secretary Ranjith Madduma Bandara said the party has accepted Wickramaratne’s resignation from its Working Committee and Management Committee, but has also formally requested that he step down from the party altogether. The decision is in line with the SJB’s policy of not allowing politicians more..

Transformation Committee to run Sri Lanka Cricket (SLC) until fresh elections: Minister

Apr 30 (DM) Sports Minister Sunil Kumara Gamage said a Cricket Transformation Committee has been appointed to rebuild Sri Lankan cricket and guide it toward a stronger future. “We want to take SL cricket from where it is now to a completely different, better place,” he said. The Minister said the new body has been appointed under the Sports Act to oversee cricket admin. & introduce immediate reforms. more..

Met DG appears before PSC

Apr 30 (Island) Director General of the Department of Meteorology Athula Karunanayake, who allegedly predicted the impending Cyclone Ditwah, on 12 Nov, 2025, but didn’t take appropriate measures to alert the people before the Cyclone made landfall on 27 Nov, last year, recently appeared before the Parliamentary Select Committee (PSC) inquiry into the failure on the part of the relevant authorities to act. Karunanayake issued the warning when he appeared on Derana Big Focus. more..

All out: End of an Empire?

Apr 30 (DM) Eventually and finally the Empire that was Sri Lanka Cricket came to its long-awaited end yesterday as incumbent president Shammi Silva and his executive committee decided to officially step down, making way for what many believe could be the beginning of a new era for the country’s best-known passion and most marketable brand name. Silva and his executive board had one final meeting on Tuesday as the clock ticked following Prez Anura Kumara Dissanayake’s decision to overhaul more..

දෙරණ අරුණ

Landmark IPO by Janashakthi Group; the largest in last 14 years

Apr 30 (Island) A Janashakthi Group (JXG) IPO was a landmark event for the local capital market, valued at over Rs. 5 billion, making it the largest IPO on the CSE in the last 14 years. "Company emphasises that the success of the issue was critical not only for the firm but also for the broader market sentiment" said Group Chairman Chandan de Silva. Senior Group leadership along with Founder Chandra Shafter rang the opening bell of the CSE, marking the successful conclusion of the IPO listing. more..

Nipuni strikes Gold in Asian Beach Games

Apr 30 (DN) SL’s Nipuni Wasana won the gold medal in the women’s 50kg beach wrestling at the 6th Asian Beach Games in Sanya, China. The 21-year-old, coached by Suranga Kumara, defeated Vietnam’s Doan Thi Kim Oanh 3-1 in the final to give SL its first gold medal of the Games. Earlier, she beat Japan’s Yano Funa 4-0 in the semifinal to reach the final. Ranked 37th in the world, Nipuni from SL Air Force, has competed in several int'l events, including 2024 Asian Wrestling Olympic more..

Finalising SriLankan turnaround strategy

Apr 30 (TM) The Govt is planning to restructure SriLankan Airlines, with a final decision on the restructuring model expected within the next two to three months, according to the Civil Aviation Ministry. Deputy Minister Janitha Ruwan Kodithuwakku said that the Airline currently operates a fleet of 23 aircraft, but is facing challenges related to the cash flow, largely due to external factors, particularly tensions in the Middle East (ME). more..

Unreceived payment: Posts Dept awaits US confirmation

Apr 30 (TM) Posts Department is awaiting confirmation from the US Postal Service regarding the payment of US$ 625,000 that has reportedly not been received by the latter, Postmaster General R.P. Sathkumara said. He said the Dept had made the payment, but it was later informed by the US Postal Service the funds had not been received. He said the Dept had subsequently sought further clarification from US Postal Service to confirm the position, but a response is yet to be received. more..

Travel ban on five officials over Treasury fraud

Apr 30 (TM) A Colombo Fort Magistrate has imposed overseas travel bans on five officials of the Public Debt Management Office as investigations intensified into a $ 2.5 million Treasury payment diverted to a fraudulent account. The CID told court that the transfer, made as part of a foreign loan repayment to an Australian Government agency, was executed after officials acted on an email sent from a spoofed domain closely resembling the legitimate address. more..

මෙරට සයිබර් ආරක්ෂණය අනතුරකද?

New Bill: Formalisation of Vedda Community’s forest access

Apr 30 (TM) The longstanding issue of granting forest access to the Vedda community is nearing its final stages, with the Govt preparing to introduce a legal framework to formalise their rights, it is learnt. Deputy Environment Minister Anton Jayakody said that a Bill to allow Vedda community members to enter forests under regulated conditions will soon be presented to the Cabinet of Ministers. He noted that the proposed legal framework aims to ensure that they are permitted to more..

Govt seek to establish Central Highlands Protection Authority promptly

Apr 30 (AD) A discussion to review the progress of the process to establish a new authority for the protection and restoration of the Central Highlands has been held yesterday (29) at the Presidential Secretariat, under the patronage of President Anura Kumara Dissanayake. The President emphasised the urgent need to safeguard and rebuild the Central Highlands, following the significant damage caused by landslides triggered by the recent Cyclone Ditwah, President’s Media Division said. more..

SLC president Shammi Silva, executive committee members resign

Apr 30 (CI) Sri Lanka Cricket (SLC) president Shammi Silva and the board's executive committee members officially resigned on Wednesday, a move which had been rubber-stamped at a special committee meeting the day before. The development reportedly came after a request from the country's prez, Anura Kumara Dissanayake, who is understood to have met Silva last Friday to negotiate a cordial exit amid more..

Sri Lanka Women stickers end qualifiers with 6-2 defeat

Apr 30 (DN) SL’s women’s hockey team suffered a heavy 6–2 defeat against Hong Kong China in their final match of Women’s Asian Games Qualifier 2026, played in Jakarta, yesterday, ending their campaign on a disappointing note. Hong Kong China took early control of the 7th/8th place playoff, racing to a 2–0 lead within the first 12 minutes through well-executed field goals. SL responded with a penalty corner conversion in the 14th minute to reduce the deficit to 2–1 at the end of the first period. more..

Ajahn Brahmali to deliver special Dhamma Talk in Sri Lanka tomorrow

Apr 30 (FT) Sri Lanka will welcome internationally respected Buddhist scholar and monastic teacher Ajahn Brahmali tomorrow, 1 May (Poya Day), when he delivers a special Dhamma Talk on The Right View (Samma Ditthi) at the BMICH Main Hall. The program will be held from 8 a.m. to 4 p.m. and over 1,500 participants are expected to spend a day in seela, with the day being dedicated to several talks and discussions on the complex subject of Right View in the Noble Eightfold Path. more..

Shadowy websites trip up bank customers

Apr 30 (ST) Nearly 500 complaints related to online fraud, including financial scams, have been reported to the SL Computer Emergency Readiness Team (SLCERT) so far this year. According to these reports, 95% of these incidents occur due to user error. Senior Information Security Engineer at SLCERT, Charuka Damunupola, explained: “This is like a bank customer handing over their own credit card and PIN to more..

IRCSL rolls out digital motor insurance card

Apr 30 (FT) The Insurance Regulatory Commission of SL (IRCSL), together with the Insurance Association of SL (IASL) and the SL Police, has introduced the country’s first digital motor insurance card, marking a shift towards real-time verification and paperless enforcement. The issuance of digital motor insurance cards comes into effect from 1 May. The system enables motorists and law enforcement officers to verify insurance coverage instantly through digital channels. more..

Colombo’s Yuan shift signals quiet break from dollar dominance

Apr 30 (ST) SL and China have formalised a framework to settle trade directly in Renminbi (RMB) in an initiative of moving away from a traditional reliance on the US Dollar for its massive trade volume with China. Governor of the CB, Dr. Nandalal Weerasinghe, and Governor of the People’s Bank of China, Dr. Pan Gongsheng, on the sidelines of the recent IMF-WB Spring Meetings in Washington underscored the potential benefits of promoting Renminbi-denominated settlements for more..

චීවරධාරී ගේම බුද්ධි අංශයට හෙළිකරේ

Concept of living wage and cost of living

Apr 30 (Island) The International Labour Organisation (ILO) now defines a living wage as the wage level necessary for workers and their families to afford a decent standard of living, given national circumstances, for normal hours of work. This standard of living is operationalised through the cost of essential goods and services, typically including food, housing, healthcare, education, transport, and a modest allowance for contingencies and social participation. more..

Seylan Bank 1Q PAT up 5.25% to Rs. 2.91 b

Apr 30 (FT) Seylan Bank has reported a Profit After Tax (PAT) of Rs. 2.91 billion in the first quarter of 2026, up 5.25% from a year ago. The bank said it recorded a Profit Before Income Tax (PBT) of Rs. 4,548 million in 1Q 2026, against Rs. 4,199 million a year ago, reflecting a growth of 8.31%. Net interest income increased from Rs. 8,587 million to Rs. 9,734 million, an increase of 13.37% over the previous year mainly due to the significant growth in the bank’s assets base over last 12 mo more..

RPCs prepare palm oil investments ahead of potential ban lift

Apr 30 (FT) Regional Plantation Companies (RPCs) are preparing to invest in palm oil cultivation, expecting the Govt to lift the 7-year ban. The shift was outlined at an industry roundtable organised by the Palm Oil Industry Association (POIA) and Watawala Plantations, where companies set out plans to expand cultivation if policy changes. POIA COO Yajith de Silva said the Plantations Ministry-appointed 13-member more..

One Love Reggae Festival 2026 set for 7-9 Aug

Apr 30 (FT) South Asia’s first ever One Love Reggae Festival will be held from 7 to 9 Aug in Bentota Beach, its organisers announced yesterday. The festival will feature 9 legendary int'l reggae headlining artists making it one of the largest reggae gatherings ever staged in the region. Starting daily from 5 p.m. onwards, fans can expect three days of vibrant music, cultural expression, and unity. Set against the stunning coastal backdrop of Bentota, the One Love Reggae Festival more..

Sobering truth vs belligerent bluster

Apr 30 (Island) US President Donald Trump has lashed out at German Chancellor Friedrich Merz for being critical of the US-Israeli military campaign against Iran. Instead of countering the German leader’s compelling arguments, Trump has alleged that Germany is not opposed to Iran’s nuclear programme. He has written in a social media post that Merz thinks it is all right for Iran to have a nuclear weapon and does not know what he is talking about. If Iran had a nuclear weapon, more..

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