Houthis
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Sri Lanka Benefits from Red Sea Tensions Despite Risks in Joining US Operations

Colombo Port Experiences Surge in Traffic Amid Red Sea Crisis Sri Lanka’s Colombo port has witnessed a significant increase in container volumes in recent weeks as vessels seek alternative routes to avoid the tensions in the southern Red Sea. Yemen’s Iran-backed Houthi rebels’ attacks on ships in this vital shipping route prompted some shipping companies…

school3
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51 Teachers Axed! Central Province Declares War on Private Tuition Racket

The Central Province of Sri Lanka is making waves by initiating action against 51 government school teachers caught conducting private tuition classes for their school students. This bold move targets the heart of the island nation’s “tuition menace,” a system that exploits students and burdens families with unfair extra costs. These teachers, hailing from across…

driving license
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Driver’s Delight: Sri Lanka Ends Backlog of Temporary Licenses After Police Grumble

Hundreds of thousands of Sri Lankan drivers who’ve been stuck with flimsy paper licenses can finally breathe a sigh of relief. The Department of Motor Traffic (DMT) has announced it will clear the backlog of 865,000 temporary licenses by October this year, replacing them with proper laminated cards. This welcome news comes after months of…

Pune Gas
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Sri Lanka’s LPG Market Gets New Player: Pune Gas Enters Through Joint Venture

Sri Lanka’s Liquefied Petroleum Gas (LPG) market is set to welcome a new player! Indian giant Pune Gas has partnered with 3DH Group to form Lanka Gastech, a joint venture poised to shake up the sector. This move comes as Sri Lanka’s industrial and commercial sectors increasingly seek sustainable energy solutions. Jesal Sampat, Executive Director…

telecom
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Telecom Giants Reliance and Lycamobile Eye Bidding War for Sri Lanka’s SLT

Telecom giants Reliance Industries and Lycamobile are among three potential buyers vying for a stake in Sri Lanka’s state-owned Sri Lanka Telecom (SLT), setting the stage for a high-stakes bidding war. The island nation’s State-Owned Enterprises Restructuring Unit confirmed initial interest from Jio Platforms, a subsidiary of Reliance, and Pettigo Comercio International, linked to the…

A hotel said to belong to a drug dealer being demolished in Dehiwala
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Sri Lanka in Hot Water Over Sweeping Anti-Drug Crackdown

Sri Lanka faces mounting international pressure to halt its controversial anti-drug operation, “Yukthiya,” after accusations of mass arbitrary arrests, humiliating public searches, and forced military-run rehabilitation. Launched in December, the operation has seen thousands detained, primarily from marginalized communities, often without evidence or drugs in their possession. Critics, including 34 international rights groups, call for…

United Nations headquarter
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UN slams Sri Lanka’s mass arrests in drug crackdown

Volker Turk is urging Sri Lanka to review the operation and implement a rights-based approach to combatting illicit drugs The UN human rights agency on Friday criticised an ongoing anti-narcotics crackdown in Sri Lanka that has resulted in the arrest of over 30,000 suspects and sparked allegations of widespread abuses by the authorities. Police in…

TISL
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Sri Lanka’s Anti-Corruption Commission Must Go After Big Fish, Watchdog Says

Sri Lanka’s anti-corruption commission must prioritize high-profile cases and move beyond petty infractions to regain public trust, Transparency International Sri Lanka (TISL) said. The Commission to Investigate Allegations of Bribery or Corruption (CIABOC) now has broader powers under the Anti-Corruption Act, but faces mounting pressure to deliver results. The public frustration stems from the deep-rooted…

Navigating Sri Lanka’s Loan Maze: Parate, SMEs, and the Search for Balance

Navigating Sri Lanka’s Loan Maze: Parate, SMEs, and the Search for Balance

Sri Lanka’s financial landscape is clouded by a rising storm of non-performing loans, a grim reality gripping over 13% of the banking sector after a recent currency crisis. This has fueled a fervent debate surrounding Parate execution, a controversial but powerful tool in the hands of banks battling loan defaults. This law, unique to Sri…