Sri Lanka’s Central Bank imposes new caps on vehicle loan ratios
In a decisive move to strengthen macroprudential policy and mitigate systemic financial risks, the Central Bank of Sri Lanka (CBSL), acting as the Macroprudential Authority, has issued new Directions to licensed financial institutions to impose maximum caps on loan-to-value (LTV) ratios for vehicle-related credit facilities. MORE..
- ‘Pretty Little Baby’ singer Connie Francis dies at 87
- Tea traders call for legal action against low-quality production practices
- Sri Lanka’s Central Bank imposes new caps on vehicle loan ratios
- Rajitha’s anticipatory bail application rejected
- Air India cockpit recording suggests captain cut fuel to engines before crash, source says
- EU warns of ‘grant scam’ targeting young Sri Lankan entrepreneurs
- Stephen Colbert says ‘The Late Show’ will end after 33 years
- Bangladesh Bank honours Sri Lankan bankers for foiling 2016 cyber heist
- Motorcycle used in Dehiwala shooting found abandoned
- At least 3 dead after explosion at LA County Sheriff’s Department training facility
Hot News
At least 3 dead after explosion at LA County Sheriff’s Department training facility
At least three people have died in an explosion at a Los Angeles County Sheriff’s Department’s training facility on Friday morning, according to US Attorney General Pam Bondi. MORE..
Motorcycle used in Dehiwala shooting found abandoned
The motorcycle suspected to have been used in the Dehiwala shooting incident this morning (18) has been found abandoned on the roadside in front of a temple on the Piliyandala alternative road. MORE..
Bangladesh Bank honours Sri Lankan bankers for foiling 2016 cyber heist
Bangladesh’s central bank (Bangladesh Bank) hosted a special award ceremony to formally recognise officials from Sri Lanka’s Pan Asia Banking Corporation PLC (PABC) for their role in preventing a US$20 million fraudulent transaction during the infamous 2016 Bangladesh Bank reserve heist incident. MORE..
EU warns of ‘grant scam’ targeting young Sri Lankan entrepreneurs
The European Union in Sri Lanka and the Maldives has issued an alert warning of a scam by an individual impersonating an official from the European Union (EU), claiming to provide grants or funds, in particular to young entrepreneurs. MORE..
Air India cockpit recording suggests captain cut fuel to engines before crash, source says
A cockpit recording of dialogue between the two pilots of the Air India flight that crashed last month supports the view that the captain cut the flow of fuel to the plane’s engines, said a source briefed on U.S. officials’ early assessment of evidence. MORE..
Rajitha’s anticipatory bail application rejected
An anticipatory bail application filed by former Minister Rajitha Senaratne, seeking his release on anticipatory bail before he is arrested by the Bribery Commission, was on Friday rejected by the Colombo Magistrate’s Court. MORE..
Tea traders call for legal action against low-quality production practices
A meeting was held yesterday (17) at the Presidential Secretariat between the Secretary to the President, Dr. Nandika Sanath Kumanayake, and officials from institutions related to the tea industry. MORE..
Sri Lanka to hold virtual talks with US Trade Representative on tariff reduction
The Ministry of Finance has initiated ongoing discussions aimed at reducing the trade tariffs proposed to be imposed by the United States on exports from Sri Lanka. MORE..
One injured in shooting near Dehiwala railway station
A shooting incident has been reported near the Dehiwala Railway Station, a short while ago, said Ada Derana reporter. MORE..
Former Minister S.M. Chandrasena further remanded
Former Minister S.M. Chandrasena has been further remanded until August 01 after being produced before the Colombo Chief Magistrate’s Court. MORE..
MP Dayasiri Jayasekara appears before CID
MP Dayasiri Jayasekara has appeared before the Criminal Investigation Department (CID) this morning (July 18), said Ada Derana reporter. MORE..
US designates Pakistani group’s offshoot as ‘terrorist’ organization over Kashmir attack
The U.S. government designated The Resistance Front, considered an offshoot of the Pakistani extremist group Lashkar-e-Taiba, as a “foreign terrorist organization” over the April 22 Islamist militant attack in India-administered Kashmir that killed 26 people, Secretary of State Marco Rubio said on Thursday. MORE..
‘Red’ warning issued for strong winds and rough seas
A ‘Red’ warning has been issued by the Department of Meteorology for strong winds and rough seas in the areas extending from Puttalam to Pottuvil via Colombo, Galle, and Hambantota. MORE..
Wild elephant killed in train collision at Gallella
A wild elephant was killed early this morning (18) after being struck by a train traveling from Colombo to Batticaloa. MORE..
Night-time tourist access to be introduced at Nine Arch Bridge
The Railway Department, in collaboration with the Central Cultural Fund (CCF), has launched a new initiative aimed at increasing the appeal of the Nine Arch Bridge in Ella and its surrounding areas to both local and international tourists. MORE..
Motorcycle used in Dehiwala shooting found abandoned
The motorcycle suspected to have been used in the Dehiwala shooting incident this morning (18) has been found abandoned on the roadside in front of a temple on the Piliyandala alternative road. MORE..
Bangladesh Bank honours Sri Lankan bankers for foiling 2016 cyber heist
Bangladesh’s central bank (Bangladesh Bank) hosted a special award ceremony to formally recognise officials from Sri Lanka’s Pan Asia Banking Corporation PLC (PABC) for their role in preventing a US$20 million fraudulent transaction during the infamous 2016 Bangladesh Bank reserve heist incident. MORE..
EU warns of ‘grant scam’ targeting young Sri Lankan entrepreneurs
The European Union in Sri Lanka and the Maldives has issued an alert warning of a scam by an individual impersonating an official from the European Union (EU), claiming to provide grants or funds, in particular to young entrepreneurs. MORE..
Air India cockpit recording suggests captain cut fuel to engines before crash, source says
A cockpit recording of dialogue between the two pilots of the Air India flight that crashed last month supports the view that the captain cut the flow of fuel to the plane’s engines, said a source briefed on U.S. officials’ early assessment of evidence. MORE..
Rajitha’s anticipatory bail application rejected
An anticipatory bail application filed by former Minister Rajitha Senaratne, seeking his release on anticipatory bail before he is arrested by the Bribery Commission, was on Friday rejected by the Colombo Magistrate’s Court. MORE..
Tea traders call for legal action against low-quality production practices
A meeting was held yesterday (17) at the Presidential Secretariat between the Secretary to the President, Dr. Nandika Sanath Kumanayake, and officials from institutions related to the tea industry. MORE..
Sri Lanka to hold virtual talks with US Trade Representative on tariff reduction
The Ministry of Finance has initiated ongoing discussions aimed at reducing the trade tariffs proposed to be imposed by the United States on exports from Sri Lanka. MORE..
One injured in shooting near Dehiwala railway station
A shooting incident has been reported near the Dehiwala Railway Station, a short while ago, said Ada Derana reporter. MORE..
Former Minister S.M. Chandrasena further remanded
Former Minister S.M. Chandrasena has been further remanded until August 01 after being produced before the Colombo Chief Magistrate’s Court. MORE..
Latest TV News Bulletin
Video of the Day
Former Minister Rajitha Senaratne's anticipatory bail application rejected
Video of the Day
Former Minister Rajitha Senaratne's anticipatory bail application rejected
Video Story
No authority to allocate Hanthana land to MP Chamindranee Kiriella – COPE (English)
Technology
Denmark aims to host world’s most powerful quantum computer
The Novo Nordisk Foundation and Denmark’s state-owned credit fund said on Thursday they will invest in what they say will be the world’s most powerful quantum computer, aiming to revolutionize areas such as drug discovery and materials science. MORE..
PM Modi hails Shubhanshu Shukla’s return after historic space mission
PM Modi hails Shubhanshu Shukla’s return after historic space mission
Prime Minister Narendra Modi on Tuesday praised Group Captain Shubhanshu Shukla for his “dedication, courage and pioneering spirit”, as the astronaut returned to Earth after spending 18 days aboard the International Space Station (ISS). MORE..
Tesla enters India with $70,000 Model Y as Musk yields to steep tariffs
Tesla enters India with $70,000 Model Y as Musk yields to steep tariffs
Tesla launched on Tuesday its Model Y at about $70,000 in India, a significant markup relative to its other major markets, reflecting the country’s high tariffs on electric vehicle imports which CEO Elon Musk, has long-criticised. MORE..
Nvidia to resume sales of AI chip to China as CEO visits Beijing
Nvidia to resume sales of AI chip to China as CEO visits Beijing
Nvidia said it plans to resume sales of its H20 artificial intelligence chip to China, days after its CEO, who is visiting Beijing, met U.S. President Donald Trump. MORE..
Entertainment
Stephen Colbert says ‘The Late Show’ will end after 33 years
The Late Show with Stephen Colbert will end in May 2026 after 33 years on air, the CBS television network announced in a surprise statement on Thursday. MORE..
‘Pretty Little Baby’ singer Connie Francis dies at 87
‘Pretty Little Baby’ singer Connie Francis dies at 87
Connie Francis, who was at one time the world’s biggest-selling female artist, has died at the age of 87. MORE..
Largest Mars rock ever found on Earth sells for $4.3m at auction
Largest Mars rock ever found on Earth sells for $4.3m at auction
An “unbelievably rare” piece of Mars - the largest ever found on Earth - has sold for $4.3m (£3.2m) at a New York auction on Wednesday. MORE..
Rare Gandhi oil portrait sold for more than $200,000
Rare Gandhi oil portrait sold for more than $200,000
A rare oil portrait of Indian independence leader Mahatma Gandhi has been sold at auction in London for £152,800 ($204,648). MORE..
Exchange Rates
Country |
Buying |
Selling |
|---|---|---|
USA
U.S.Dollar |
297.6835 | 305.2223 |
UK
Sterling Pound |
398.4311 | 411.5301 |
Europe
Euro |
344.3733 | 356.4656 |
Switzerland
Swiss Franc |
368.0266 | 383.4038 |
Canada
Canadian Dollar |
215.2086 | 223.3917 |
Australia
Australian Dollar |
191.5459 | 200.8798 |
Singapore
Singapore Dollar |
229.8606 | 239.4516 |
Japan
Japanese Yen |
1.9944 | 2.0659 |
Country |
Currency |
Rate |
|---|---|---|
Bahrain
|
Dinar | 799.7202 |
Kuwait
|
Dinar | 986.7604 |
Oman
|
Rial | 783.1342 |
Qatar
|
Riyal | 82.7178 |
Saudi Arabia
|
Riyal | 80.3824 |
UAE
|
Dirham | 82.0984 |
Sports
Shai Gilgeous-Alexander and Simone Biles win top honors at ESPYS
NBA Finals MVP Shai Gilgeous-Alexander and Olympic champion gymnast Simone Biles won as best male and female athletes at the ESPYS on Wednesday night. MORE..
Bangladesh clinch first-ever T20 series win over Sri Lanka
Bangladesh capped off their tour of Sri Lanka with a commanding eight-wicket win in the third and final T20I, sealing the series 2-1. MORE..
Bangladesh restrict Sri Lanka to 132/7
Bangladesh choked the hosts Sri Lanka in the last match of the series to 132/7. MORE..
Sri Lanka decide to bat first in series decider
Sri Lanka won the toss and opted to bat first in the in the third and final T20I of the three-match series at the R Premadasa Stadium in Colombo on Wednesday. MORE..
LA 2028: Olympic T20 cricket set for early start as tournament structure agreed
LA 2028 organisers have slated matches at the Olympic cricket tournament to start at 09:00 in the morning to cater for lucrative television audiences in India. MORE..
