Sri Lanka continues to experience steady growth in tourism, with 119,670 international visitors arriving in the first 23 days of October, according to data from the Sri Lanka Tourism Development Authority (SLTDA). India remains the top source market, with 35,090 Indian nationals visiting the island so far this month. The United Kingdom (9,759), China (8,821),…
The Department of Examinations has announced that the GCE Advanced Level Examination has been postponed indefinitely due to the prevailing severe weather and cyclone conditions affecting many parts of Sri Lanka. Commissioner General of Examinations stated that this decision was taken to ensure the safety of students and examination staff. Most A/L subjects scheduled from…
The Cabinet of Ministers of Sri Lanka has given in-principle approval to a comprehensive proposal to develop multi-modal transport hubs across the country, aiming to modernize and better integrate the nation’s public transport system. The initiative seeks to connect buses, trains, and taxi services through strategically located hubs that will improve efficiency and convenience for…
In an effort to support the education of Sri Lankan children, President Ranil Wickremesinghe introduced the “Presidential Academic Scholarship Program 2024/2025.” This special scholarship initiative, launched through the President’s Fund, aims to provide financial assistance to 100,000 students from Grade 01 to Grade 11 across all 10,126 schools in the country. The program is designed to annually award scholarships to…
DFCC Bank, one of the premier commercial Banks in Sri Lanka, in its path towards securing a resilient nation through the facilitation of equitable and inclusive economic growth, seeks to comprehensively utilize one of the largest credit lines of USD 150 Mn available to the Bank from the U.S. government’s International Development Finance Corporation (DFC)….
Sri Lanka will issue its first digital identity cards in the third quarter of 2026, President Anura Kumara Dissanayake announced. He assured the public that personal data will be securely protected, despite concerns raised by some groups. The President highlighted several initiatives underway to support the country’s shift toward a digital economy, including the Sri…
The Teachers’ and Principals’ Trade Union Alliance in Sri Lanka has given the government until November 7 to reverse its decision to extend the school term. The alliance warned that if authorities fail to withdraw the move, it will launch island-wide trade union action in the first week of December.Joseph Stalin, General Secretary of the…
Commuters in Sri Lanka will soon be able to pay bus fares using bank-issued credit and debit cards, according to Transport, Highways, Ports and Civil Aviation Minister Bimal Rathnayake. The new payment option will be available on buses fitted with electronic ticket-issuing machines starting November 24, 2025.
The Central Bank of Sri Lanka (CBSL), acting in its role as the country’s macroprudential authority, has announced new limits on loan-to-value (LTV) ratios for vehicle financing. The revised regulations apply to licensed commercial banks, licensed specialized banks, licensed finance companies (LFCs), and registered finance leasing establishments (RFLEs). Effective from November 8, credit facilities granted…
Sri Lanka will implement a unified national curriculum framework across all preschools starting in 2026, Prime Minister Dr. Harini Amarasuriya announced. The announcement was made during a meeting of the Parliamentary Subcommittee on Education Reforms, chaired by the Prime Minister in her capacity as Minister of Education, Higher Education, and Vocational Education. Dr. Amarasuriya confirmed…
