diff --git a/.github/workflows/publish-release.yml b/.github/workflows/publish-release.yml
index ee52b12..02aa99f 100644
--- a/.github/workflows/publish-release.yml
+++ b/.github/workflows/publish-release.yml
@@ -27,10 +27,13 @@ jobs:
       - name: Create lib directory if not exists
         run: mkdir -p ballerina/lib
       - name: Run Trivy vulnerability scanner
+        env:
+          TRIVY_DB_REPOSITORY: ghcr.io/aquasecurity/trivy-db,public.ecr.aws/aquasecurity/trivy-db
+          TRIVY_JAVA_DB_REPOSITORY: ghcr.io/aquasecurity/trivy-java-db,public.ecr.aws/aquasecurity/trivy-java-db
         uses: aquasecurity/trivy-action@master
         with:
           scan-type: 'rootfs'
-          scan-ref: '/github/workspace/ballerina/lib'
+          scan-ref: '${{ github.workspace.ballerina.lib }}/'
           format: 'table'
           timeout: '10m0s'
           exit-code: '1'
diff --git a/.github/workflows/trivy-scan.yml b/.github/workflows/trivy-scan.yml
index edfdf54..1147d9c 100644
--- a/.github/workflows/trivy-scan.yml
+++ b/.github/workflows/trivy-scan.yml
@@ -24,10 +24,13 @@ jobs:
       - name: Create lib directory if not exists
         run: mkdir -p ballerina/lib
       - name: Run Trivy vulnerability scanner
+        env:
+          TRIVY_DB_REPOSITORY: ghcr.io/aquasecurity/trivy-db,public.ecr.aws/aquasecurity/trivy-db
+          TRIVY_JAVA_DB_REPOSITORY: ghcr.io/aquasecurity/trivy-java-db,public.ecr.aws/aquasecurity/trivy-java-db
         uses: aquasecurity/trivy-action@master
         with:
           scan-type: 'rootfs'
-          scan-ref: '/github/workspace/ballerina/lib'
+          scan-ref: '${{ github.workspace.ballerina.lib }}/'
           format: 'table'
           timeout: '10m0s'
           exit-code: '1'
diff --git a/ballerina/Ballerina.toml b/ballerina/Ballerina.toml
index ca76b79..874dbcb 100644
--- a/ballerina/Ballerina.toml
+++ b/ballerina/Ballerina.toml
@@ -1,13 +1,13 @@
 [package]
 org = "ballerinax"
 name = "persist.inmemory"
-version = "1.4.1"
+version = "1.5.0"
 authors = ["Ballerina"]
 keywords = ["persist", "inmemory"]
 repository = "https://github.com/ballerina-platform/module-ballerinax-persist.inmemory"
 icon = "icon.png"
 license = ["Apache-2.0"]
-distribution = "2201.10.0-20241011-161100-51978649"
+distribution = "2201.11.0"
 
 [platform.java21]
 graalvmCompatible = true
@@ -15,11 +15,11 @@ graalvmCompatible = true
 [[platform.java21.dependency]]
 groupId = "io.ballerina.stdlib"
 artifactId = "persist.inmemory-native"
-version = "1.4.1"
-path = "../native/build/libs/persist.inmemory-native-1.4.1-SNAPSHOT.jar"
+version = "1.5.0"
+path = "../native/build/libs/persist.inmemory-native-1.5.0-SNAPSHOT.jar"
 
 [[platform.java21.dependency]]
 groupId = "io.ballerina.stdlib"
 artifactId = "persist-native"
-version = "1.4.1"
-path = "./lib/persist-native-1.4.1-20241001-120600-2395f0f.jar"
+version = "1.5.0"
+path = "./lib/persist-native-1.5.0-20241122-123800-2ae4d59.jar"
diff --git a/ballerina/Dependencies.toml b/ballerina/Dependencies.toml
index cc431a4..14008e9 100644
--- a/ballerina/Dependencies.toml
+++ b/ballerina/Dependencies.toml
@@ -5,7 +5,7 @@
 
 [ballerina]
 dependencies-toml-version = "2"
-distribution-version = "2201.10.0-20241011-161100-51978649"
+distribution-version = "2201.11.0-20241121-075100-c4c87cbc"
 
 [[package]]
 org = "ballerina"
@@ -53,7 +53,7 @@ scope = "testOnly"
 [[package]]
 org = "ballerina"
 name = "persist"
-version = "1.4.1"
+version = "1.5.0"
 dependencies = [
 	{org = "ballerina", name = "jballerina.java"}
 ]
@@ -78,7 +78,7 @@ modules = [
 [[package]]
 org = "ballerina"
 name = "time"
-version = "2.5.0"
+version = "2.6.0"
 scope = "testOnly"
 dependencies = [
 	{org = "ballerina", name = "jballerina.java"}
@@ -90,7 +90,7 @@ modules = [
 [[package]]
 org = "ballerinax"
 name = "persist.inmemory"
-version = "1.4.1"
+version = "1.5.0"
 dependencies = [
 	{org = "ballerina", name = "jballerina.java"},
 	{org = "ballerina", name = "persist"},
diff --git a/build-config/resources/Ballerina.toml b/build-config/resources/Ballerina.toml
index c2fab79..f44742e 100644
--- a/build-config/resources/Ballerina.toml
+++ b/build-config/resources/Ballerina.toml
@@ -7,7 +7,7 @@ keywords = ["persist", "inmemory"]
 repository = "https://github.com/ballerina-platform/module-ballerinax-persist.inmemory"
 icon = "icon.png"
 license = ["Apache-2.0"]
-distribution = "2201.10.0-20241011-161100-51978649"
+distribution = "2201.11.0"
 
 [platform.java21]
 graalvmCompatible = true
diff --git a/gradle.properties b/gradle.properties
index b4453f5..0fb80b4 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,5 +1,5 @@
 group=io.ballerina.stdlib
-version=1.4.1-SNAPSHOT
+version=1.5.0-SNAPSHOT
 
 puppycrawlCheckstyleVersion=10.12.0
 checkstyleToolVersion=10.12.0
@@ -11,19 +11,19 @@ testngVersion=7.6.1
 gsonVersion=2.10
 ballerinaGradlePluginVersion=2.0.1
 
-ballerinaLangVersion=2201.11.0-20241117-133400-a3054b77
+ballerinaLangVersion=2201.11.0-20241121-075100-c4c87cbc
 
 # Direct Dependencies
 
 # Level 01
-stdlibTimeVersion=2.6.0-20241113-073800-201b904
+stdlibTimeVersion=2.6.0-20241121-152300-eb1feff
 
 # Level 08
-stdlibPersistVersion=1.4.1-20241113-122000-306cc63
+stdlibPersistVersion=1.5.0-20241122-123800-2ae4d59
 
 # Ballerinax Observer
-observeVersion=1.4.0-20241113-092000-b83ae74
-observeInternalVersion=1.3.1-20241113-101700-265054d
+observeVersion=1.4.0-20241122-101200-19a70b1
+observeInternalVersion=1.4.0-20241122-185200-9e5b1bb
 
 # Enabled publishing insecure checksums, due to fail to publish to maven central
 # Refer https://github.com/gradle/gradle/issues/11308
diff --git a/gradle/wrapper/gradle-wrapper.properties b/gradle/wrapper/gradle-wrapper.properties
index 9f4197d..e2847c8 100644
--- a/gradle/wrapper/gradle-wrapper.properties
+++ b/gradle/wrapper/gradle-wrapper.properties
@@ -1,6 +1,6 @@
 distributionBase=GRADLE_USER_HOME
 distributionPath=wrapper/dists
-distributionUrl=https\://services.gradle.org/distributions/gradle-8.2.1-bin.zip
+distributionUrl=https\://services.gradle.org/distributions/gradle-8.11.1-bin.zip
 networkTimeout=10000
 validateDistributionUrl=true
 zipStoreBase=GRADLE_USER_HOME