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The Asian Development Bank (ADB) has approved a US $ 100 million loan to address the complex and challenging structural reforms in Sri Lanka’s financial sector, through better governance, continued policy reforms and enhanced financial inclusion.
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In a lightning move the newly elected administration of Sri Lanka Rugby (SLR) has gone against tradition and possible fair play and converted the Premier League, giving it a knockout blow that has agitated the country’s most soughtafter entity, Kandy Sports Club.
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Sri Lanka’s imports have grown in excess of its export earnings, widening the balance of payments deficit ,and therefore, President Anura Kumara Dissanayake’s claim of stability in foreign exchange flows holds no water, Frontline Socialist Party (FLSP) Education Secretary Pubudu Jayagoda said.
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The government’s failure to address salary discrepancies and welfare issues of doctors could accelerate the migration of young medical professionals, Specialist Dr. Chamal Sanjeewa, Chairman of the Medical and Civil Rights Doctors’ Trade Union Alliance warns.
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Sri Lankan professionals are making a notable impact on the regional healthcare industry through their contributions to the Dr. Sulaiman Al Habib Medical Services Group’s development centre in Colombo, a collaboration that is now paving the way for deeper investment and partnership opportunities.
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Following the government’s decision to raise the daily wage of plantation workers to Rs. 1,750 under the 2026 Budget, workers in the Agarapathana area prepared and shared milk rice on Saturday (09) to express their gratitude to President Anura Kumara Dissanayake.
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The Philippines evacuated over 100,000 residents across its eastern and northern regions as Fung-wong intensified on Sunday into a super typhoon ahead of its expected arrival later in the day, threatening to unleash torrential rains, destructive winds, and storm surges.
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Swift action based on intelligence received by the Army Intelligence Unit led to the arrest of several suspects involved in illegal drug trafficking and the possession of wallapatta (Gyrinops walla) during two separate joint operations conducted, the Army said.
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Making his remarks on the budget , former Foreign Affairs Minister Ali Sabry said that the current macroeconomic stability is only a result of continuity with the IMF programme and the government should be congratulated for keeping intact .
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The Department of Meteorology has issued an advisory warning of thundershowers accompanied by severe lightning in several parts of the country, including the North-western, Uva, Central, and Sabaragamuwa provinces, as well as the Anuradhapura, Mannar, Ampara, and Hambantota districts.
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The Central Bank of Sri Lanka has revised the maximum loan-to-value (LTV) ratios applicable for vehicle leasing facilities. According to the new guidelines, the maximum leasing percentage for commercial vehicles has been set at 70%, while the maximum for private vehicles has been limited to 50%.
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Indian intelligence agencies have issued a serious alert over a new alliance forming between the Dawood Ibrahim syndicate and remnants of the Liberation Tigers of Tamil Eelam (LTTE). Officials say the D-syndicate is now exploiting South Indian and Sri Lankan routes to expand its drug trade after suffering major losses in western and northern India.
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All MPs and others in the gallery were in confusion for a few minutes when Speaker Jagath Wickramaratne gave the microphone over to Chief Government Whip Nalinda Jayatissa to open the second reading of the debate on the budget, breaking the tradition of giving the opportunity to the Opposition to kick it off.
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More than USD 50 million provided by the Asian Development Bank (ADB) for drainage and solid waste disposal have gone missing since 2010, Minister of Public Administration and Provincial Councils A.H.M.H. Abeyratana told Parliament yesterday.