News
Prime Minister to present roadmap to Parliament on overcoming current economic crisis
By Saman Indrajith
Prime Minister Ranil Wickremesinghe said that he would present a roadmap on overcoming the current economic crisis to Parliament soon.The Prime Minister made this statement when he met a group of MPs on Thursday night to discuss the current economic situation.Wickremesinghe said that the road map would be completed after receiving proposals and suggestions from MPs.
He said that the drafting of the road map had already commenced. Secretary to the Ministry of Finance Mahinda Siriwardane gave a presentation to the MPs on the short and medium term strategies of the government to overcome the current economic crisis.The MPs then presented their own ideas on minimising the impact of the economic crisis.MPs Harsha de Silva, Eran Wickremarathne, Kumara Welgama, Rauff Hakeem, Rishard Bathuideen, Ali Sabry, Anura Priyadharshana Yapa and Charitha Herath were present at the meeting.
News
Drug haul detected in Ambalangoda
The police have seized a drug haul linked to notorious underworld figure Jayalath Silva, also known as Karandeniye Sudda. The detection followed an investigation by the Ahungalla Police, which resulted in the arrest of four suspects, including a former Army intelligence operative. The drug consignment is believed to have a street value of Rs. 50 million.
Investigations have revealed that drugs smuggled via sea routes were stored in a house in Ambalangoda before being distributed across the Southern Province through Karandeniye Sudda’s network.
Another police operation got underway after questioning a suspect at Maragasdeka, where officers, led by Ahungalla OIC Amith Jayamaha, found one kilo of crystal meth concealed in the suspect’s motorcycle and photos of parcels of heroin on the suspect’s mobile phone. Interrogation led police to the main drug storage location.
A subsequent raid on the Ambalangoda residence led to the arrest of a woman who was seen delivering a bag to a trishaw near the house. Police seized 6 kilos of crystal meth and 6 kilos of heroin along with 7 kilos of meth from the rider of the trishaw and 6 kilos of heroin hidden in the house.
The suspect, a former intelligence officer, is believed to have played a key role in Karandeniye Sudda’s drug and weapons distribution network. Officers also seized firearms from the woman, including 30 rounds of 9mm pistol ammunition and 30 rounds of 3.8mm ammunition.
by Norman Palihawadane and Hemantha Randunu
News
Six-month-old fetus found at Jaffna bus stand
A six-month-old human fetus, left at the Jaffna main bus stand was handed over to police on the 28th, authorities said.
Following a court report, Jaffna Magistrate S. Lenin Kumar inspected the site and CCTV footage, ordering the remains to be sent to Jaffna Teaching Hospital and directing police to apprehend those responsible.
Text and Pic by Dinasena Rathugamage
News
Commercial Bank appoints Hasrath Munasinghe as Executive Director/COO
The Board of Directors of Commercial Bank of Ceylon PLC has announced the appointment of Hasrath Munasinghe as Executive Director/Chief Operating Officer of the Bank with effect from 27th April 2026.
He succeeds S. Prabagar, who retires on 26th April 2026 after serving in the position for four years, and completing a distinguished career of more than 30 years with Commercial Bank.
Munasinghe currently functions as Deputy General Manager – Corporate Banking at Commercial Bank and previously served as Deputy General Manager – Retail Banking and Marketing. Over the course of his career at the Bank, he has overseen Corporate Banking, Retail Banking, Digital Banking, Marketing, the Cards Business, Remittances, Customer Experience and Sustainability, guiding these key verticals to deliver sustained growth and strong performance outcomes. Munasinghe also serves as a Trustee of the Commercial Bank CSR Trust.
-
News7 days agoPrime Minister Attends the 40th Anniversary of the Sri Lanka Nippon Educational and Cultural Centre
-
News7 days agoCoal ash surge at N’cholai power plant raises fresh environmental concerns
-
Opinion3 days agoJamming and re-setting the world: What is the role of Donald Trump?
-
Sports6 days agoDottin out obstructing the field as Sri Lanka clinch series
-
Features3 days agoAn innocent bystander or a passive onlooker?
-
Features5 days agoBuilding on Sand: The Indian market trap
-
Opinion5 days agoFuture must be won
-
Business4 days agoIRCSL transforms Sri Lanka’s insurance industry with first-ever Centralized Insurance Data Repository
