Author: Buzzer Editorial

The official reserve assets of Sri Lanka have dropped by 3% at the end of April, to USD 6.32 billion, the Central Bank of Sri Lanka said. Sri Lanka’s reserve assets were at USD 6.53 billion at the end of March.

Tilvin Silva, General Secretary of the Janatha Vimukthi Peramuna (JVP), the main constituent party in the National People’s Power (NPP) coalition, says the NPP has no intention of establishing majorities in any local government institution through coalitions with parties that have been rejected by the public.Speaking at a press conference today (May 07), following the release of the 2025 Local Government (LG) Election results, he emphasized that the NPP would only consider joining forces with candidates who contested independently—if they are willing to cooperate.“The National People’s Power has managed to secure majority control in a large number of LG bodies.…

The Samagi Jana Balawegaya (SJB) says it will seek the support of other opposition parties to elect the Mayor of the Colombo Municipal Council (CMC) as the opposition holds a majority in the council. Despite the NPP winning the most number of seats, the opposition parties hold a majority in the Colombo Municipal Council, and the SJB will seek support from other opposition parties to elect its own Mayor, SJB General Secretary Ranjith Madduma Bandara said. The National People’s Power (NPP) had secured the most number of votes in the Colombo Municipal Council (CMC) and won a total of 48 seats after…

Former Health Minister Keheliya Rambukwella has been arrested by officers of the Commission to Investigate Allegations of Bribery or Corruption (CIABOC).He had been taken into custody after appearing before the commission to record a statement today (7).The former minister is expected to be produced before the Colombo Chief Magistrate’s Court.

India has said it carried out strikes in Pakistan and Pakistani-administered Kashmir. Pakistan has vowed retribution over what it describes as an “act of war.” The Pakistan prime minister’s office says the armed forces of Pakistan have been authorized to undertake corresponding actions after India’s strikes.At the same time, the Pakistan government security committee says India has “ignited an inferno in the region,” and that responsibility for the ensuing consequences lies squarely with New Delhi.The committee said the world must hold India “accountable.”Why has the Kashmir dispute been reignited?In August 2019, India revoked Article 370 of its constitution, stripping Jammu and…

Former State Minister Prasanna Ranaweera has been remanded until May 19 by the Mahara Magistrate’s Court after surrendering to the court today (May 7).Ranaweera had been evading arrest and is an accused in the Kiribathgoda state property fraud case in which former Minister Mervyn Silva is also accused.

Leader of the Opposition Sajith Premadasa says that the Samagi Jana Balawegaya (SJB) is prepared to take the lead in uniting all opposition forces under a shared vision to fulfill the public call to restore a truthful and powerful public service, defeating lies.Delivering a special statement on Tuesday (May 7), Premadasa expressed gratitude to voters who stood with the SJB despite what he described as a politically hostile environment filled with “insults, threats, mudslinging, conspiracies, and challenges.”He stressed that the SJB is ready and willing to shoulder the responsibility of guiding a united opposition, in response to what he called…

In its continuous efforts to expand its reach and advocate financial inclusivity acrossSri Lanka, Mercantile Investments recently opened two new branches in theNorthern Province. These launches mark the 74 th and 75 th branches open by thecompany, further cementing its commitment to accessible, community-basedfinancial services.The 74 th branch was open at No. 151, A9 Road, Kilinochchi on the 4 th of April 2025,and the 75 th branch at Ward Number 1, Parantha Road, Puthukkudiyirippu. Bothceremonies were attended by esteemed guests including Mr. Gerard Ondaatjie,Managing Director, Mercantile Investments, Mr. Laksanda Gunawardena, ChiefOperating Officer, Mercantile Investments, other members of the senior managementand…

The Sri Lankan public handed another strong mandate to ruling the National People’s Power at the 2025 Local Government (LG) election.Although the number of votes and the overall vote share reduced in comparison to the recent Presidential and Parliamentary elections, the NPP polled more than double the amount received by the main opposition, the Samagi Jana Balawegaya. The NPP could not replicate its strong showing at the past two elections among urban voters and north and eastern votes.Notably, the NPP failed to win outright the Colombo Municipal Council (CMC) despite continuous campaigning by the party and Prime Minister Dr. Harini…

Inter-Services Public Relations (ISPR) Director General Lt Gen Ahmed Sharif Chaudhry early on Wednesday morning said three Pakistanis were martyred and 12 were injured in “cowardly” missile strikes by India in Kotli, Bahawalpur, Muridke, Bagh and Muzaffarabad, after midnight for which retaliation by the military was already underway.The strikes come as tensions have escalated intensely between the two countries in the wake of a militant attack in occupied Kashmir’s Pahalgam.He noted: “Let me say it unequivocally: Pakistan will respond to this at a time and place of its own choosing. This heinous provocation will not go unanswered.”He said Kotli, Bahawalpur’s…