Prime Lands Residencies PLC (CSE: PLR.N) has reported a outstanding financial performance for the year ended 31st March 2026. Substantially exceeding market expectations, the Company reinforced its position as Sri Lanka's undisputed real estate leader, propelled by massive operational scale, strategic project launches, and historic margin expansion. Reflecting on this exceptional performance, Group Chairman Premalal...
Sri Lanka National Cricket Team is set to tour New Zealand during January and February 2027 for an exciting multi-format bilateral series featuring Tests, ODIs and T20Is.
The Colombo Fort Magistrate's Court was informed that former State Intelligence Service (SIS) Director Major General (Retd.) Suresh Salley is suffering from serious mental health conditions while in custody.The revelation was made before the Colombo Fort Magistrate's Court today, where President's Counsel Shavindra Fernando, appearing on behalf of Suresh Salley, presented a motion outlining his client's medical condition.The case was taken up before Colombo Fort Magistrate Pasan Amarasena, as Salley remains in the custody of the Criminal Investigation Department under detention orders.Suresh Salley has been named as the third suspect in the ongoing investigations into the 2019 Easter Sunday terror attacks, one of the deadliest incidents in Sri Lanka's history.His legal team informed court that he has undergone examination by a Judicial Medical Officer, whose report confirms that he is currently suffering from post-traumatic stress disorder (PTSD), severe mental stress, and depression.According to President's Counsel Shavindra Fernando, the medical report also indicates that Salley had allegedly been subjected to torture at five different locations.The lawyer told court that these alleged incidents have contributed to his client's deteriorating psychological condition, leaving him under extreme mental distress.In a further alarming disclosure, court was informed that the medical findings suggest Suresh Salley may be at risk of self-harm or suicide.His legal counsel requested the court to issue appropriate orders in light of the seriousness of the situation and the medical recommendations.However, Magistrate Pasan Amarasena stated that a ruling could not be made without first hearing the position of the complainant party.Accordingly, the court directed the Criminal Investigation Department to present its submissions on the matter.Notices were issued to the CID to respond, and the case has been scheduled to be taken up again tomorrow at 2:00 p.m.
Partnership strengthens Capital Trust Properties' role as a trusted transaction and advisory partner for Sri Lanka's leading real estate developments Capital Trust Properties (CTP) has renewed its partnership with John Keells Properties to market its residential developments, including Cinnamon Life, TRI-ZEN, Viman and Vauxhall DSTRCT. The renewed partnership marks another milestone in Capital Trust Properties'...
Padel House, the pioneers of padel in Sri Lanka, and the enterprise that has successfully established a strong presence for the sport in Colombo, has entered a new growth phase with the entry of two new strategic investors-former Sri Lanka cricket captain Mahela Jayawardene, and Trade Promoters Limited, a diversified group with interests across Sri...
ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange closed down on Wednesday trading, CSE data showed, with the benchmark All Share Price Index moving down 0.75 percent. The ASPI was down 166.55 points at 22,011.10, while the more liquid S&P SL20 was down 0.54 percent, or 32.82 points, at 6,097.83. Positive contributors to the ASPI were […]
ECONOMYNEXT — Sri Lanka’s total government external debt reached 37,468 million US dollars at the end of the first quarter of 2026, marking a nominal decrease of 195 million US dollars from the previous quarter, official data showed. According to the March 2026 Statistical Debt Bulletin released by the Public Debt Management Office, the island […]
John Keells Consumer Foods Sector has reinforced its commitment to building future ready leadership with the successful graduation of 36 participants from the "Aspire" Executive Development Programme 2025, a sector wide Talent Development initiative conducted in collaboration with the Postgraduate Institute of Management, University of Sri Jayewardenepura. The graduation marks a significant milestone in the...
