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JKH hopes to soon finalize gaming deal for Cinnamon Life

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John Keells Holdings PLC, the biggest market capitalized conglomerate quoted on the Colombo Stock Exchange, hopes to soon finalize an agreement with a leading international gaming operator to let out space in its new Cinnamon Life complex, considered the single largest private sector investment in the country, JKH Chairman Krishan Balendra said.

In the recently published JKH annual report he said: “Subsequent to the gazetting of the gaming regulations by the Government in August 2022, the Group is currently engaged in discussions with leading international gaming operators to secure the necessary international gaming expertise to operate at ‘Cinnamon Life Integrated Resort’ with the Group leasing the space for such operations.

“Similar to the experience with integrated resorts in other Asian countries, ‘Cinnamon Life Integrated Resort’ has the potential to transform Colombo as a destination for leisure and entertainment and lead to significant foreign exchange earnings for the country.”

JKH does not itself plan to enter the gaming industry, but expects to lease out space in Cinnamon Life to an established international player. JKH is the second largest listed company quoted on the CSE behind Expolanka but it is the largest listed conglomerate.



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Chinese suspect arrested over alleged Port City extortion racket

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by Norman Palihawadane

A Chinese national has been arrested by the Colombo Crimes Division (CCD) over allegations of operating an extortion racket, targeting foreign investors and businessmen at the Colombo Port City.

Police Spokesman ASP F.U. Wootler said that the suspect had been arrested by CCD officers yesterday morning (13), following complaints of extortion involving foreign investors and businesses at the Port City.

Six passports, 42 SIM cards and a stock of illegally imported cigarettes were recovered from the suspect’s possession at the time of arrest.

Investigations are underway to establish the full extent of the alleged racket and the suspect’s involvement in extortion activities.

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SL highlights inclusive governance, health security at 153rd IPU

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Speaker of Parliament Dr. Jagath Wickramaratne with MP Rishad Bathiudeen at the 153rd Assembly of the Inter-Parliamentary Union (IPU) held in Arusha, Tanzania

Speaker of Parliament Dr. Jagath Wickramaratne has highlighted Sri Lanka’s efforts to strengthen democratic governance, promote inclusivity and improve public accountability at the 153rd Assembly of the Inter-Parliamentary Union (IPU) held in Arusha, Tanzania, from October 05 to 09.

Dr. Wickramaratne, accompanied by MP Rishad Bathiudeen, led the Sri Lankan delegation at the Assembly, which brought together parliamentarians to discuss global challenges and parliamentary cooperation under the theme, “Enhancing good governance and empowering communities through inclusivity, trust and opportunities for all.”

Addressing the General Assembly, Wickramaratne stressed that public trust and inclusiveness were fundamental to sustainable democracy, outlining measures taken by Sri Lanka to broaden parliamentary representation and strengthen institutional accountability.

He said the Tenth Parliament comprised 22 women members, representing 9.8 percent of its membership, including two women from the Malayagam community. He also noted that, for the first time, a person with a disability was serving as a member of Parliament. The parliamentarian had recently received the Commonwealth Parliamentary Association’s 2026 New Parliamentarian Award.

The Speaker highlighted the role of parliamentary mechanisms, including the Women Parliamentarians’ Caucus and the Parliamentary Caucus for Persons with Disabilities, in advancing equitable representation and legislative reforms.

He also pointed to the work of parliamentary oversight bodies, including the Committee on Public Finance, Committee on Public Accounts and Committee on Public Enterprises, in promoting transparency and accountability.

Sri Lanka’s Open Parliament initiatives were also highlighted, particularly the broadcasting of parliamentary debates with sign-language interpretation and the opening of committee proceedings to the media and civil society, measures aimed at improving public access to parliamentary work.

The Sri Lankan delegation also received special recognition at a high-level side event hosted by the IPU African Geopolitical Group on parliamentary action to achieve the “Three Zeros” in reproductive, maternal, newborn, child and adolescent health by 2030.

The recognition acknowledged Wickramaratne’s professional medical background and parliamentary leadership, highlighting the contribution of medical expertise to efforts to improve maternal and newborn health, strengthen healthcare systems and protect vulnerable populations.

On the sidelines of the Assembly, the delegation held discussions with World Health Organisation representatives, including Ludy Suryantoro, head of multisectoral engagement for health security preparedness.

The talks focused on strengthening national health security and advancing the WHO’s Universal Health Preparedness Review.

The Sri Lankan delegation emphasised Parliament’s role in establishing the legal framework for preparedness reforms, safeguarding funding through budgetary processes and ensuring effective oversight and accountability. It also stressed the importance of multisectoral coordination and protecting the rights and interests of vulnerable groups.

The delegation participated in deliberations across the IPU’s Standing Committees and thematic workshops, covering a broad range of international concerns.

These included parliamentary approaches to inclusive social development, the implications of military artificial intelligence for peace and security, parliamentary diplomacy and mediation, maritime security and the protection of critical infrastructure during conflicts.

Discussions also addressed proposals to review the United Nations Charter and conflict-prevention mechanisms, counterterrorism strategies, oversight of extractive industries, digital overload and mental health, ethical artificial intelligence and children’s rights, food security amid climate change, and the implementation of international humanitarian and human rights law.

The participation underscored Sri Lanka’s continued engagement in international parliamentary cooperation, with the delegation focusing on democratic governance, inclusion, public accountability, health security and sustainable development.

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Four Jamaican nationals arrested with over 1kg of cocaine

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by Norman Palihawadane

Four Jamaican nationals, including two women, have been arrested by the Colombo Crimes Division with over one kilogram of cocaine following raids in Colpetty.

The suspects were arrested on Monday (12) during raids conducted at a hotel and a shopping complex in the area.

Police seized 1.49 kilos of cocaine during the operation.

The male suspects are aged 23 and 48, while the female suspects are aged 43 and 52, police said.

The Colombo Crimes Division is conducting further investigations.

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