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Former Philippine president Rodrigo Duterte has admitted that he kept a "death squad" to crack down on crime while mayor of one of the country's largest cities.

The Terrorist Investigation Division (TID) has uncovered information about additional suspects linked to the planned attack on the Arugam Bay tourist area. This revelation came from statements extracted from four suspects currently in custody, and these facts were reported to Colombo Additional Magistrate Pasan Amarasena.

McDonald’s and its Sri Lankan franchise have entered a legal settlement mutually ending their relationship. Abans first partnered with McDonald’s in 1998.

The Sri Lanka Convention Bureau, an entity under the Ministry of Finance, Economic Development, Policy Formulation, Planning and Tourism successfully concluded the Cultural Triangle Hoteliers Training Program on MICE Tourism on the 15th of October 2024 at the Habarana Village by Cinnamon.

The Department of Railways has issued a statement addressing recent concerns regarding the safety of the railway line between Mahawa and Omanthai, following claims from trade unions that the line posed risks to passengers.

‘U.S. Ambassador to Sri Lanka, Julie Chung has clarified that the United States has not issued a travel ban on Sri Lanka and that the security alert issued recently was only for Americans to avoid the Arugam Bay area until further notice.

Sri Lanka’s leading renewable energy provider WindForce PLC has officially commissioned a 366 kWp rooftop solar PV project on Cocoon Island, Maldives, in partnership with Cocoon Investment Pvt Ltd.

Iran's Supreme Leader Ali Khamenei has given a measured response to Israeli strikes on the country, saying the attack should not be "exaggerated or downplayed" while refraining from pledging immediate retaliation.

The coalition led by Japan’s ruling Liberal Democratic Party (LDP) has lost its majority in parliament, its worst result in over a decade.

The next review of the International Monetary Fund (IMF) will be delayed, the Central Bank confirmed on Friday.

Lanka IOC PLC (LIOC) reported higher revenues but profits tumbled in the quarter ended in September 2024 reflecting growing demand for fuel in a recovering economy, but the margins narrowed, taking a toll on the bottom-line.

India has handed over solar rooftop systems to religious locations in Sri Lanka in continuation of its the energy partnership in the neighbourhood.

The Public Utilities Commission of Sri Lanka (PUCSL) has announced that it will take steps today (28) to inform the Ceylon Electricity Board (CEB) to request additional information regarding the electricity tariff revision.

Sri Lanka’s central bank has injected around 100 billion rupees against domestic assets through multiple liquidity tools by October 25 official data show, driving up excess money in the banking system to over 190 billion rupees.

The government will study the X Press Pearl disaster which occurred in 2021 and will launch an investigation over it in the near future, Foreign Minister Vijitha Herath told Daily Mirror last evening.

The National People's Power (NPP) secured the power of the Elpitiya Pradeshiya Sabha following a successful election victory yesterday.

The UK police have made inquiries into a complaint regarding the alleged harassment of a domestic worker at the official residence of Sri Lankan High Commissioner in London Rohitha Bogollagama.

Weekly Political Review

Tourism in Turmoil: Security Threats Challenge Sri Lanka's Industry Recovery amidst Political Shifts

By Rohana Jith

Saturday, 26 October 2024 10:51

Weekly Economic Review

Sri Lanka’s Strengthening Rupee and Economic Strains Take Center Stage Ahead of November Elections

Israel's attack on Iran has been anticipated since the latter launched nearly 200 ballistic missiles on Israel almost a month ago.

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