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China attends first meeting of Sri Lanka’s creditor nations as observer

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China attended as an observer the first meeting of Sri Lanka’s creditor nations on Tuesday, offering policymakers some hope Beijing will become more engaged in talks to resolve debt woes of low- and middle-income countries across the world.

The meeting, within a new framework launched in Washington D.C. in April that creditors hope will serve as a model to resolve the debt difficulties of middle-income economies, was held online.

Japan, which initiated the launch together with India and France, invited all bilateral creditors, including the largest, China.

Masato Kanda, Japan’s top financial diplomat, told reporters after the meeting that China attended as an observer, adding he hoped it would participate as a full member in future meetings.

Last month, France, India and Japan unveiled a common platform for talks among bilateral creditors to co-ordinate restructuring of Sri Lanka’s debt.

(Reuters)

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Indian HC issues statement on ‘Operation Sindoor’

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The Indian High Commission in Colombo has issued a statement on the ‘Operation Sindoor’ launched by the Indian Armed Forces targeting terrorist infrastructure in Pakistan and Pakistan-occupied Jammu and Kashmir.

According to the statement, 09 sites have been targeted.

The statement further notes :

“Our actions have been focused, measured and non- escalatory in nature. No Pakistani military facilities have been targeted. India has demonstrated considerable restraint in selection of targets and method of execution.”

 “These steps come in the wake of the barbaric Pahalgam terrorist attack in which 25 Indians and one Nepali citizen were murdered. We are living up to the commitment that those responsible for this attack will be held accountable.”

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Prasanna Ranaweera remanded (Update)

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Former State Minister Prasanna Ranaweera has been remanded until May 19 by the Mahara Magistrate’s Court.

He had surrendered to the court earlier today (May 07).


(Previous news 2025 May 07 –11.00.a.m.)

Prasanna Ranaweera surrenders to court

Former State Minister Prasanna Ranaweera has surrendered to the Mahara Magistrate’s Court today (May 07).

Previously, an open warrant was issued for Ranaweera’s arrest over allegedly selling a plot of state-owned land in Kiribathgoda to a private party by forging documents.

Several persons including former Minister Mervyn Silva are currently in remand custody over the incident.

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NPP leads at CMC but fails to secure majority

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The National People’s Power (NPP) has won the most number of seats in the Colombo Municipal Council (CMC), but has not obtained enough to form a majority.
The party secured 48 seats with over 81,000 votes, which is about 36.9% of the total.

The Samagi Jana Balawegaya (SJB) came in second with 29 seats, followed by the United National Party (UNP) with 13 seats. The Sri Lanka Podujana Peramuna (SLPP) and Sri Lanka Muslim Congress (SLMC) won five and four seats respectively. Meanwhile, Independent & minor parties have secured 20 seats.

The CMC is Sri Lanka’s largest and oldest local government body.

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