News
Govt. still undecided about domestic debt restructuring methods
By Saman Indrajith
State Minister of Finance Ranjith Siyambalapitiya told Parliament on Tuesday that compelling creditors to take a haircut was not the only way to restructure domestic debt.
Measures such as debt moratoria, reductions in interests and delayed payments could also be adopted to restructure domestic debt, Siyambalapitiya said.
“We have not decided to give domestic lenders a haircut. We also would like to assure that the EPF, the ETF and pension funds won’t be affected by domestic debt restructuring,” he said.
Earlier, SJB MP Nalin Bandara said initially the government had changed its stance on domestic debt restructuring several times.
“The government insisted that there would not be any domestic debt restructuring, but now it says it has not decided how domestic debt will be restructured,” he said.
“The government has told the IMF that it is ready to restructure domestic debt. We are opposed to restructuring domestic debt. If this happens, the EPF will be badly affected and that in turn would have a terrible impact on private sector workers. There are many people who have deposited their pensions in banks and live off interests. If the government restructures domestic debt, it will have a terrible impact. We urge the government to talk to the IMF and renegotiate the agreement to restructure domestic debt,” he said.
News
Russian circumnavigation team arrive in Sri Lanka
The Russian circumnavigation team, the 5 Oceans Club, made a brief stop in Sri Lanka as part of their second global sailing expedition.
The six-member crew, visited the Russian House in Colombo, on Friday, (24th April) where they shared insights from their journey.
What makes this expedition particularly inspiring is the club’s commitment to inclusivity. They actively encourage children with limb disabilities to experience the ocean and participate in sailing as equals, fostering confidence and a deep connection with nature.
The team also spoke about a specialized sailing school based in Siberia—one of Russia’s most picturesque regions—where children with such challenges are trained and introduced to maritime life. During the session, they offered a glimpse into their daily life aboard the yacht and highlighted how they integrate elements of science into their explorations, making their journey both adventurous and educational.
The crew consists of, Dmitry Kuznetsov – (captain of the boat of the 5 Oceans Club), Vladimir Dudkin – (crew member), Dmitry Dudkin –(cabin boy), Ksenia Kuznetsova – (cabin boy), Natalia Shahinyan – (founder of the charity foundation “Life on the Move”), Sofia Sheremet -(ward of the foundation)
Latest News
Heat Index at Caution Level in the Northern, North-central, North-western, Western, Sabaragamuwa, Southern, and Eastern provinces and in Monaragala district during the day time
Warm Weather Advisory
Issued by the Natural Hazards Early Warning Centre
Issued at 3.30 p.m. on 25 April 2026, valid for 26 April 2026.
The Heat index, the temperature felt on the human body is likely to increase up to ‘Caution level’ at some places in the Northern, North-central, North-western, Western, Sabaragamuwa, Southern, and Eastern provinces and in Monaragala district during the day time.
The Heat Index Forecast is calculated by using relative humidity and maximum temperature and this is the condition that is felt on your body. This is not the forecast of maximum temperature. It is generated by the Department of Meteorology for the next day period and prepared by using global numerical weather prediction model data.

Effect of the heat index on human body is mentioned in the above table and it is prepared on the advice of the Ministry of Health and Indigenous Medical Services.
ACTION REQUIRED
Job sites: Stay hydrated and takes breaks in the shade as often as possible.
Indoors: Check up on the elderly and the sick.
Vehicles: Never leave children unattended.
Outdoors: Limit strenuous outdoor activities, find shade and stay hydrated.
Dress: Wear lightweight and white or light-colored clothing.
Note:
In addition, please refer to advisories issued by the Disaster Preparedness & Response Division, Ministry of Health in this regard as well. For further clarifications please contact 011-744649
News
Sagarika derailment disrupts coastal rail line; services to resume in two days
Railway General Manager Ravindra Pathmapriya said on Friday that re-railing operations of the derailed ‘Sagarika’ train have already commenced and that services on the Coastal Line are expected to be restored within two days.
Addressing the media, he said the Minister had instructed officials to take all necessary measures to minimise inconvenience to passengers.
Commenting on the incident, he said: “The damaged train is a significant loss for us, especially as our fleet is already limited. We have incurred this loss and hope to rectify the situation promptly. However, we will need to deploy an alternative train in its place, and discussions are currently underway.”
The ‘Sagarika’ train, operating from Beliatta to Maradana, derailed near the Wadduwa Railway Station on Friday morning (24), causing severe damage to one track of the dual-line section.
The Railway Department has since restricted services on the affected Coastal Line up to Panadura Railway Station.
Arrangements have been made to transport passengers from Panadura to South Kalutara by Sri Lanka Transport Board (SLTB) buses, from where train services will resume towards Matara and Beliatta.
Meanwhile, the Department said efforts are underway to clear the obstruction and restore at least one track by the end of the day.
-
News6 days agoRs 13 bn NDB fraud: Int’l forensic audit ordered
-
News4 days agoLanka faces crisis of conscience over fate of animals: Call for compassion, law reform, and ethical responsibility
-
Opinion7 days agoShutting roof top solar panels – a crime
-
News3 days agoWhistleblowers ask Treasury Chief to resign over theft of USD 2.5 mn
-
News3 days agoNo cyber hack: Fintech expert exposes shocking legacy flaws that led to $2.5 million theft
-
News7 days agoChurch calls for Deputy Defence Minister’s removal, establishment of Independent Prosecutor’s Office
-
News4 days agoUSD 2 mn bribe: CID ordered to arrest Shasheendra R, warrant issued against ex-SriLankan CEO’s wife
-
Features7 days agoThe Digital Pulse: How AI is redefining health care in Sri Lanka?

