Author: Buzzer Editorial

Sri Lanka’s economy grew 4.8% year-on-year in the first three months of 2025, official data showed on Monday, indicating a deepening recovery from its worst financial crisis in decades.The Department of Census and Statistics (DCS) Sri Lanka, has released the estimated Gross Domestic Product (GDP) at current price and at constant (2015) price in Production approach and the other macroeconomic indicators for the first quarter (January 1st to March 31st) of 2025. The GDP for the first quarter of 2025 at constant price (2015) has increased up to Rs. 3,477,088 million from Rs. 3,318,769 million which was reported in the first…

Authorities have frozen the assets of 88 individuals linked to organized crime and financial fraud, the police announced.Among those affected are several high-profile drug traffickers. The frozen assets include land, vehicles, houses, bank accounts, shops, and hotels, police said.A detailed list of the individuals and their respective frozen assets is attached below.

An Air India Boeing 787-8 Dreamliner plane bound for New Delhi returned to its origin of Hong Kong as a precautionary measure on Monday, after the pilot suspected a technical issue mid-air, a source with direct knowledge of the matter told Reuters.The incident comes days after an Air India flight to London, using the same type of Boeing aircraft, crashed in the western Indian city of Ahmedabad moments after take-off, killing 241 of the 242 people on board.The Dreamliner aircraft flying Air India flight AI315 out of Hong Kong on Monday is now undergoing checks, said the source with knowledge…

The President’s Fund has launched a program to honor students who excelled at the district level in the 2023/2024 G.C.E. Advanced Level Examination.Under this initiative, 60 top-performing students from each district—representing all subject streams—will be selected and awarded financial scholarships and certificates of recognition, according to the President’s Media Division (PMD). The selection is based on official results issued by the Department of Examinations and the University Grants Commission (UGC).As the first event in this province-wide initiative, a ceremony will be held on 22 June 2025 in Kilinochchi to recognize outstanding students from the Northern Province, the PMD said. Students from the…

A tender has been called for the sale of used vehicles belonging to the Ministry of Plantation and Community Infrastructure.According to the Ministry, the vehicles include 16 luxury vehicles, three other vehicles, and three condemned vehicles.Only Sri Lankan citizens or companies registered in Sri Lanka are eligible to participate in the tender, the Plantation Ministry stated.Individuals must attach a certified copy of their National Identity Card (NIC), and owners of the companies or organizations must attach a certified copy of their registration certificate when submitting the tender.Accordingly, interested bidders can contact the Senior Assistant Secretary (Administration) or the Transport Officer…

President Anura Kumara Dissanayake states that he hopes to make the current Extended Fund Facility (EFF) program with the International Monetary Fund (IMF), the last such program Sri Lanka will need to undertake with the IMF.President Dissanayake made this remark while addressing the “Sri Lanka’s Road to Recovery: Debt and Governance” conference, organized by the Central Bank of Sri Lanka (CBSL), this morning.The President also noted that by 2028, Sri Lanka hopes to achieve the economic growth and stability necessary to repay its debts through its own means.Visiting First Deputy Managing Director of the IMF Dr. Gita Gopinath also addressed…

National People’s Power (NPP) councilor Vraie Cally Balthazaar has been elected as the new Mayor of the Colombo Municipal Council (CMC).Councilor Vraie Cally Balthazaar was elected the new Colombo Mayor following a secret ballot.Councilor Balthazaar received 61 votes while Riza Zarook of the Samagi Jana Balawegaya obtained the 54 votes at the election.The proposal to hold a secret ballot to elect the Mayor of the Colombo Municipal Council was passed unanimously.Although a decision was taken to hold a secret ballot in agreement with all members, initially the Samagi Jana Balawegaya (SJB) and the United National Party requested an open vote.However,…

The newly elected Colombo Municipal Council, following the conduct of the Local Government (LG) election on May 6, has convened for its inaugural sitting.The sitting commenced at 9:30 a.m. under the patronage of the Commissioner of the Department of Local Government of the Western Province, Sarangika Jayasundara.

The newly elected Colombo Municipal Council, following the conduct of the Local Government (LG) election on May 6, is scheduled to convene for its inaugural sitting this morning (16).The gazette extraordinary in this regard was issued by the Commissioner of the Department of Local Government of the Western Province, Sarangika Jayasundara.According to the gazette issued by the Commissioner, the inaugural sitting will commence at 9:30 a.m.During the meeting scheduled to be held at the Town Hall, the election of the new Mayor and the Deputy Mayor will take place as the first order of business.No party obtained an outright majority…

The Level-1 Landslide Early Warning issued to several areas in seven districts have been extended, the National Building Research Organisation (NBRO) said.Landslide warnings will be in effect until 04:00 p.m. today (June 16), the NBRO noted.Accordingly, a Level 2 (Amber) warning has been issued for the Ratnapura and Ayagama Divisional Secretariat Divisions (DSDs) and surrounding areas in the Ratnapura district.Meanwhile, a Level 1 (Yellow) warning issued for several Divisional Secretariat Divisions (DSDs) and surrounding areas in the Colombo, Galle, Kalutara, Kandy, Nuwara Eliya, Kegalle and Ratnapura districts as follows:Colombo: Padukka Divisional Secretariat DSD and surrounding areas.Galle: Elpitiya Divisional Secretariat DSD…