The Prime Minister visited the University of Peradeniya to assess severe flood damage estimated at over Rs. 6 billion, which affected major faculties, IT facilities, laboratories, and student infrastructure. She praised the successful evacuation of students and the support from the Army, Disaster Management Centre, and local donors during the crisis. The Government pledged full assistance, directing authorities to restore essential services, repair buildings, strengthen early

Sri Lanka’s stock market fell 3.04% as Cyclone Ditwah triggered heavy selling, though construction stocks rose on expectations of rebuilding demand. Analysts say investors are cautious and the downward trend is likely to continue. Across Asia, markets moved mixed, with Japan declining, Pakistan rising, and India slipping due to cyclone impacts and trade uncertainties.

Sri Lanka is confronting one of the most catastrophic disasters in its modern history as the death toll from Cyclone Ditwah rises to 479, with more than 350 people still missing.

Sri Lanka, Indonesia, Thailand, and Malaysia are facing devastating floods that have killed more than 1,100 people and displaced millions, prompting large-scale military rescue operations. Indonesia and Sri Lanka are the worst affected, with blocked roads, damaged infrastructure, and missing persons complicating relief efforts. Authorities across the region warn that climate-driven extreme weather is intensifying these disasters, while schools, homes, and public services rema

Sri Lanka’s Kandy district has been hit by severe landslides triggered by continuous heavy rainfall, leaving several areas buried under earth and debris. Rescue teams are still searching for missing residents as unstable, rain-soaked slopes pose a high risk of additional collapses. Authorities warn that worsening weather conditions could further complicate relief efforts across the central province.

Sri Lanka’s cabinet has approved moving forward with the process to join the Regional Comprehensive Economic Partnership (RCEP), beginning with completing a formal questionnaire from the trade bloc. Membership would require the country to gradually eliminate tariffs on 85–90% of goods, unlocking access to larger export markets and global supply chains. The questionnaire, issued in October 2024, must be completed before January 1, 2026, to continue Sri Lanka’s accession proces

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