In April 2025, Sri Lanka’s foreign exchange reserves fell by 3%, slipping from the previous month $6.53 billion to $6.32 billion, according to data from the Central Bank of Sri Lanka. The $210 million decline, despite the ongoing IMF-supported programme, highlights persistent vulnerabilities in the country’s post-crisis recovery trajectory.

As Israel prepares for a controversial new offensive into Gaza — condemned by the UK, France, and Canada — a senior former IDF officer and security analyst has pointed to Sri Lanka’s 2009 offensive, as a model for eliminating Hamas.

Sri Lanka’s Minister Bimal Rathnayake continued to defend his government’s ties with Israel as international condemnation over its ongoing assault on Gaza continues, with Colombo sending hundreds more workers to the country this month.

Sri Lanka’s president attended a ‘Victory Day’ Commemoration ceremony took place on 19 May, just a day after thousands of Tamils across the North-East and in the diaspora mourned the Mullivaikkal genocide.

Amid rising concerns over the deteriorating security situation on the island, Sri Lanka’s opposition parties convened a special meeting in Parliament yesterday, citing increasing risks to public life and the ability of lawmakers to perform their duties without fear.

NEXT Manufacturing, a British-owned apparel exporter operating in Sri Lanka since 1978, has announced the indefinite closure of its Katunayake Production Plant, citing rising operational costs and persistent unprofitability, in a blow to Sri Lanka’s already struggling economy.

Two women have been arrested following the discovery of a gold-plated T56 assault rifle at the Havelock City housing complex in Colombo. The arrests were made after a security officer at the complex reported the presence of the weapon to the police.

Israel’s Ambassador to Sri Lanka, Reuven Javier Azar, paid a courtesy call on Sri Lanka’s Defence Secretary, Air Vice Marshal Sampath Thuyacontha (Retd), at the Ministry of Defence in Sri Jayawardenepura, Kotte. 

Sri Lanka’s Minister of Public Security, Ananda Wijepala, delivered a damning statement in Parliament, confirming that multiple senior politicians are linked to organised criminal syndicates, including groups involved in drug trafficking, contract killings, and international crime networks.