Author: Buzzer Editorial

The Central Bank of Sri Lanka (CBSL) has reported a profit of Rs. 274.79 billion for the year 2024, according to its latest financial disclosures.During the year, the CBSL generated Rs. 110.55 billion from foreign financial assets, comprising interest income, disposal gains from revaluations, and gains from price movements.Additionally, the Bank recorded a net income of Rs. 227.25 billion from local currency financial assets, primarily through interest income and gains on price fluctuations.In terms of operating expenses, the Bank spent Rs. 10.51 billion on salaries and wages for its staff in 2024, compared to Rs. 7.25 billion in 2023.It is…

Pakistan’s information minister Attaullah Tarar said on Wednesday that the country has credible intelligence that India intends to launch a military strike within the next 24 to 36 hours.This comes as tensions rise between the two nuclear-armed nations rise as India has said there were Pakistani elements to the attack that killed 26 men at a tourist spot in Indian Kashmir last week.Since the attack, the nuclear-armed nations have unleashed a raft of measures against each other, with India putting the critical Indus Waters Treaty in abeyance and Pakistan closing its airspace to Indian airlines.“Pakistan has credible intelligence that India…

A total of 33 candidates contesting at the upcoming Local Government (LG) election have been arrested for flouting election laws, Police have announced.According to an official statement issued by Police, the arrests were made from 3 March to 30 April.In addition to the candidates, 349 supporters of various political parties have also been taken into custody during the same period.Police further reported that complaints related to act of violence were filed yesterday, bringing the total number of complaints received since March 3 to 89.Meanwhile, 32 vehicles have been seized by authorities for violations of election laws, police said.

At least 22 people were killed in a deadly fire that broke out in iaoyang city of China’s Liaoning province on Tuesday. The fire broke out at 12:25 pm, killing 22 people and injuring three others, the State-run Xinhua news agency reported.While the cause of the fire is still being ascertained, Chinese President Xi Jinping urged all-out efforts to treat those injured, the report said.The restaurant fire comes as the second major fire incident in China this month. Earlier, 20 elderly people were killed in a fire at a nursing home in north China’s Hebei province.A total of 39 elderly…

Sri Lanka Cricket (SLC) has announced that it has terminated the Lanka Premier League (LPL) franchise partnerships of the Colombo Strikers and Jaffna Kings.Issuing a communiqué, SLC said that as the owner of the Lanka Premier League, together with The IPG Group, it has decided to terminate the contracts of the two franchises for the failure to fulfill their contractual obligations.Accordingly, the IPG Group has formally communicated to SLC that the terminations have been affected due to the respective franchises’ failure to fulfill their contractual obligations as stipulated under the agreements entered into at the commencement of their participation in…

When Rajasthan Royals announced they had signed a 13-year-old for the Indian Premier League there was plenty of scepticism. It looked, at best, like the start of a long-term plan to lay claim to and develop a promising youngster, at worst a gimmick.No one is sceptical now. In his third match the now-14 years old Vaibhav Suryavanshi has smashed the second fastest century in the IPL’s 18 seasons, a blistering 35-ball display of pyrotechnics that carried his team to a thumping eight-wicket victory over Gujarat Titans in Jaipur.Only Chris Gayle has hit a quicker IPL ton than his fellow left-hander,…

President Anura Kumara Dissanayake is scheduled to leave for Vietnam on a state visit on 3 May, Cabinet Spokesman Minister Dr. Nalinda Jayatissa said. The President will be staying in Vietnam until 6 May. During the visit a number of agreements that are of mutual interests to both countries will be inked, Minister Jayatissa added.

The Cabinet of Ministers has granted approval to conduct an Economic Census in two stages: in 2025 for agricultural activities and in 2026 for non-agricultural activities. The last economic census took place in Sri Lanka in 2013/14, the Department of Government Information said.

Former President Maithripala Sirisena has completed the payment of a sum of Rs. 1 million as compensation ordered by the Supreme Court, following his decision to grant a presidential pardon to Jude Shramantha Jayamaha, who was sentenced to death in the Royal Park murder case. The matter was taken up today before a three-judge bench of the Supreme Court comprising Justices S. Thurairaja, Yasantha Kodagoda, and Janak de Silva.Former President Sirisena was present in court during the proceedings.President’s Counsel Faiszer Musthapha, appearing on behalf of the former President, informed the court that the compensation amount had been paid in full as…

The Sri Lanka Public Health Inspectors’ Union has announced that the registration of ‘Dansal’ for the upcoming Vesak season has commenced.The Secretary of the Association, Chamil Muthukuda stated that the relevant registration activities must be carried out at Medical Officer of Health offices in the area where the ‘Dansal’ is being organized.He emphasized that all registration activities for ‘Dansal’ must be completed before 9 May.Commenting further, Secretary Muthukuda said:“Anyone intending on organizing a ‘Dansal’ anywhere across the island should obtain necessary instructions and complete the registration process through their local MoH office. Therefore, we urge all organizers to meet with…