Month: September 2025
Lanka Sathosa faces Rs. 24 billion loss amid mounting debts and supplier crisis
Sri Lanka’s largest state-owned retail chain, Lanka Sathosa, is grappling with a financial crisis, having incurred a staggering Rs. 24 billion in losses,...
Sri Lanka’s power regulator seeks public input on proposed electricity tariff hike
The Ceylon Electricity Board (CEB) has proposed a 6.8% increase in electricity tariffs for the final quarter of 2025, prompting the Public Utilities...
Macron names Sébastien Lecornu as new prime minister of France
France’s President Emmanuel Macron has named Defence Minister Sébastien Lecornu as the country’s next prime minister. According to a press release sent by...
Pakistan to host Sri Lanka for ODIs in stacked home summer
Ahead of their T20I tri-series, which also includes Afghanistan, the two sub-continent sides will also lock horns in the ODI format. Pakistan will...
Sri Lanka borrows $100 mn from IDA for Integrated Rurban Development Project
The Government of Sri Lanka has arranged to borrow USD 100 million from the International Development Association (IDA) of the World Bank Group...
Sri Lanka Parliament set to strip privileges of former presidents
Sri Lanka’s Supreme Court has ruled that the bill to withdraw presidential privileges extended to former presidents and their widows can be approved...
Nepal’s prime minister resigns after worst protests in decades amid claims of corruption
Nepal’s prime minister KP Sharma Oli has resigned as anti-corruption demonstrators defied an indefinite curfew and clashed with police, a day after 19...
UK highlights Sri Lanka’s failure to deliver tangible progress on human rights
The United Kingdom has urged Sri Lanka to make “tangible and sustained progress” on human rights and accountability, emphasizing the need to investigate...
Nearly 1,900 dead in Sri Lanka road accidents so far in 2025 – Police
Sri Lanka has recorded 1,870 deaths in 1,757 fatal road accidents between January 1 and September 4 this year, according to police figures....
Thailand’s top court orders former prime minister Thaksin Shinawatra to spend one year in jail
Bangkok— Thailand’s top court ordered the influential former prime minister and billionaire Thaksin Shinawatra to prison for one year on Tuesday in a...
