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Low-Quality Coal Disrupts Power Supply, Raises National Costs

Sri Lanka’s energy sector is grappling with the fallout of substandard coal imports, as confirmed by the National Audit Department and acknowledged by Anura...

13 Billion Fraud Shakes NDB, Tests Regulatory Nerve

Sri Lanka’s banking sector is facing a critical credibility test following the exposure of a Rs. 13.2 billion internal fraud at National Development Bank...

ADB Warns Middle East Conflict Could Slow Asia-Pacific Growth to 4.7%

Economic growth in developing Asia and the Pacific is expected to slow this year as the ongoing conflict in the Middle East disrupts trade...

School Term Ends Today; New Year Vacation Until April 19

The Ministry of Education (MOE) has announced that the second phase of the first school term for government and government-approved schools concludes today (10). In...

No-Confidence Motion Against Energy Minister to Be Debated in Parliament Today

A no-confidence motion against Minister of Energy Kumara Jayakodi is scheduled to be debated in Parliament today. The motion, submitted by the Opposition, centres on...

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