Market panic deepens as Sri Lankan stocks tumble to worst week since 2022

Sri Lanka’s stock market recorded its steepest weekly decline since 2022, as Cyclone Ditwah’s devastation compounded investor anxiety about the island’s already fragile economy. 

ADB approves USD $100 million loan for Sri Lanka to strengthen power sector as government weaken reforms

ADP

The ADB has approved a USD $100 million loan to support Sri Lanka’s power-sector reforms, but critics say the 2025 Electricity Act amendments conflict with the principles of the 2024 Act, which came under a package of IMF-backed reforms.

Sri Lankan intelligence harass organisers of blood donation camp on Prabhakaran birthday
Sri Lankan intelligence officers in Valvettithurai have launched intensive inquiries into a blood donation camp that was organised to mark the birthday of the Velupillai Prabhakaran, leader of the Liberation Tigers of Tamil Eelam (LTTE) last week.
Heroic Tamil man, who rescued others in flood, found dead
A Tamil man who risked his life to save fellow passengers when a Jaffna–Colombo bus was swept into floodwaters near Kala Oya has been found dead, four days after he went missing.
Tamil MPs warn of systematic erasure of Tamil history from Sri Lankan school textbooks
Tamil parliamentarians have sharply criticised the Sri Lankan state for what they describe as a deliberate effort to erase Tamil history from the Sri Lankan curriculum, warning that the practice continues to deprive students of a truthful understanding of the island’s past.
Kanak independence leader accuses France of blocking return home after charges collapse
A prominent Kanak pro-independence leader has accused the French government of deliberately preventing his return to New Caledonia by withholding his passport, months after he was cleared to travel home by a Paris appeals court.
Trincomalee camp residents say promised Sri Lankan state support never came
View(active tab)EditDeleteRevisions Trincomalee camp residents say promised Sri Lankan state support never cameDec 4, 2025 Open configuration options Families sheltering at the Muttur Pattithidal Maha Vidyalayam relief camp in Trincomalee have condemned the Sri Lankan government’s response to the worsening disaster, saying that no senior officials or military personnel had visited them despite repeated state assurances of coordinated relief.
'10 times the tsunami' - Ditwah cripples Sri Lanka’s economy as death toll hits 479
Sri Lanka’s Disaster Management Centre (DMC) announced on Thursday that the death toll from Cyclone Ditwah has climbed to 479, as the island continues to grapple with damage of up to USD $7 billion.
'No one helped us’ - Highland communities abandoned as cyclone devastation deepens
People trapped in Sri Lanka’s central highlands, home to some of the island’s most vulnerable Malayaga Tamil families, say they were left without warnings, assistance or government support as Cyclone Ditwah unleashed catastrophic floods and landslides that have killed hundreds.
'No food, water, fuel' - UK under fire as British women in Sri Lanka plead for rescue
Two British women trapped by landslides in Sri Lanka’s central highlands say they are running out of food, water and fuel, with their families accusing the UK government of offering little meaningful assistance as the impact of Cyclone Ditwah continues to devastate the island.
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