Author: Buzzer Editorial

The price of gold in the local market has increased significantly, following a spike in prices in the international market.According to traders at the Colombo Pettah market, the price of gold in Sri Lanka has increased by Rs. 7,000 today.Accordingly, the price of a 22-carat gold sovereign at the Pettah market was recorded at Rs. 363,400.Meanwhile, the price of a 24-carat gold sovereign, which was Rs. 388,000 yesterday, has increased to Rs. 395,000 today, according to traders.

The Congress has offered conditional support to TVK president C Joseph Vijay who is 10 seats short in the 234-member Tamil Nadu assembly to form the govt and has reached out to multiple parties in both alliances.The five Congress MLAs will offer support through a letter tomorrow on condition that TVK does not induct communal forces from NDA into his alliance, said a senior Congress leader. The decision followed a late night video call with Congress seniors, MPs and MLAs from TN hosted by AICC leader Girish Chodankar at which “95% favoured a tie-up with TVK”.Earlier in the day, new AIADMK…

The Colombo High Court has fixed June 17 to hear the corruption case filed against former Minister Kumara Jayakody by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC).The case was taken up today (06) before High Court Judge Rashantha Godawela.Following the conclusion of the pre-trial conference, the High Court Judge announced that the trial will commence on June 17. Court also ordered that summons be issued to two prosecution witnesses to appear on that date.According to the charges, the accused, while serving as Procurement and Import Manager at the Lanka Fertilizer Company in 2016, allegedly caused a loss…

The admission process for students to government universities for the 2025/2026 academic year is scheduled to commence in the first week of September 2026, Prime Minister Dr. Harini Amarasuriya has announced.Speaking in Parliament today (06) in response to a question raised by a Member of Parliament, the Prime Minister stated that all student registration lists will be submitted to the respective universities by August 31, 2026, following the release of university admission cut-off marks.She further noted that universities will subsequently be able to determine the specific commencement dates for academic programs beginning in early September.Prime Minister Amarasuriya also confirmed that…

The High Commissioner of Pakistan to Sri Lanka, Major General Nayyar Naseer, HI (M), (Retd), has paid a courtesy call on Defence Secretary, Air Vice Marshal Sampath Thuyacontha (Retd), at the Ministry of Defence.Upon arrival, the Defence Secretary welcomed the High Commissioner and extended his best wishes for the commencement of his diplomatic tenure in Sri Lanka.Discussions focused on further strengthening the longstanding bilateral relations between Sri Lanka and Pakistan, particularly in the areas of defence cooperation, training, and regional security, according to a statement by the Ministry of Defence.Both parties exchanged views on matters of mutual interest and reaffirmed…

Iranian Foreign Minister Abbas Araghchi arrived in Beijing early Wednesday for talks with his Chinese counterpart.Araghchi and Chinese Minister of Foreign Affairs Wang Yi will “discuss bilateral relations as well as regional and international developments,” a statement from the Iranian Foreign Ministry said.Araghchi has been conducting a diplomatic tour in recent weeks to rally international support and resolve the ongoing conflict with the US and Israel.China is a close partner of Iran, and the biggest buyer of Tehran’s crude oil.Chinese officials have for weeks worked the diplomatic circuit calling for an end to the conflict. President Donald Trump even suggested…

The public consultation on the proposed electricity tariff revision for 2026 will commence in Colombo today (06), the Public Utilities Commission of Sri Lanka (PUCSL) has announced.Accordingly, oral submissions from the public will be accepted from 8:30 a.m. to 3:00 p.m. at the Bandaranaike Memorial International Conference Hall (BMICH) in Colombo.The consultation is being conducted in line with provisions under the Sri Lanka Public Utilities Commission Act No. 35 of 2002 and the amended Sri Lanka Electricity Act No. 36 of 2024.The proposed tariff revision for the second and third quarters of this year has been submitted by the National…

Oil prices fell for a second day on Wednesday on expectations bottled up supply from the key Middle East producing region could resume flowing after U.S. President Donald Trump indicated a possible peace deal may be reached to end the war with Iran.Brent crude futures for July fell $1.52, or 1.38%, to $108.35 per barrel as of 0103 GMT, after dropping 4% in the previous session. U.S. benchmark West Texas Intermediate futures for June declined $1.50, or 1.47%, to $100.77, after closing down 3.9% the day before.On Tuesday, Trump unexpectedly said he would briefly pause an operation to help escort…

To meet the growing demand for specialized expertise in the global events sector, the EventManagement Association (EMA), in collaboration with Saegis Campus and Pearson UK,announced the launch of the Diploma in International Event Management & Marketing Studies.This strategic partnership was spearheaded by the leadership of Saegis Campus, including Mr.Bandara Dissanayake (Chairman) and Major General Milinda Peiris (Retired) (Vice Chancellor &CEO).Speaking at the landmark event, Mr. Saliya Weerasekera, President of the EMA, highlighted theresilience and evolution of the industry, “Having weathered years of challenges as a unitedfamily, we are proud to launch this diploma. It is a premier qualification that bridges…

The Colombo High Court has issued a warrant for the arrest of a witness in a case filed against three defendants, including former Minister Johnston Fernando.The defendants are accused of committing corruption by diverting employees of the Lanka Sathosa from their official duties to engage in political activities during his tenure as Minister of Trade.Court was informed that the twelfth witness in the case had failed to appear to give evidence today (05), said Ada Derana reporter.Accordingly, Colombo High Court Judge Mohamed Mihal issued a warrant for the witness’s arrest and production before court.