The United Nations has allocated US$4.5 million (approximately LKR 1.38 billion) from its Central Emergency Response Fund (CERF) to strengthen Sri Lanka’s emergency response following Cyclone Ditwah, which made landfall on 28 November. The funding will allow the UN and its partners to rapidly scale up life-saving assistance, including emergency food aid, temporary shelter, and…
Sri Lanka’s stock market recorded a strong recovery on Wednesday, with the All Share Price Index (ASPI) of the Colombo Stock Exchange (CSE) closing above the 22,000-point level following a sharp rally. The ASPI ended the day at 22,034.32, rising by 439.46 points, or 2.04 percent. Meanwhile, the S&P SL20 index, which tracks the performance…
Pathfinder EdTech Institute has officially opened its new Colombo campus at No. 34, Sanchi Arachchi Gardens, Colombo 12, marking a major milestone in its efforts to strengthen Sri Lanka’s digital skills and workforce readiness. The inauguration ceremony was led by former Ambassador and Chairman of the Pathfinder Foundation, Mr. Bernard Goonetilleke, along with Mr. K….
Sri Lanka’s Ministry of Finance, in collaboration with local banks, is preparing to launch a nationwide loan programme aimed at supporting new entrepreneurs starting in January next year, according to Minister of Industry and Entrepreneurship Development Sunil Handunneththi. Speaking at the Ministerial Consultative Committee on Industry and Entrepreneurship Development in Parliament, the Minister announced that…
Sri Lankan Prime Minister Dr. Harini Amarasuriya has emphasized the country’s rapid recovery from recent floods and landslides, attributing the progress to the resilience and unity of its people.“We have taken a blow, but we are far from fallen,” she said while addressing senior members of India’s NASSCOM Executive Committee and Sri Lanka’s SLASSCOM on…
Sri Lanka has finalized agreements with the Asian Development Bank (ADB) to mobilize a USD 100 million policy-based loan aimed at advancing the country’s Power Sector Reforms and Financial Sustainability Program (Subprogram 2). According to the Ministry of Finance, Planning and Economic Development, the program is designed to help establish independent, financially sustainable electricity utilities…
Sri Lanka’s Ministry of Higher Education has announced that an extra monthly Mahapola Scholarship allowance will be issued on December 5, 2025, to support university students impacted by the recent severe weather disaster. This payment comes on top of the regular allowance that was distributed on November 28, according to the Ministry.
Sri Lanka’s Ministry of Education, Higher Education, and Vocational Education has extended the application period for the 10th phase of its interest-free student loan scheme until December 15. The application window, originally scheduled from November 1 to November 30, 2025, was extended in response to the ongoing disaster situation in the country. According to the…
Sri Lanka’s Department of Buddhist Affairs has postponed the annual Dhamma School examinations for Grades 6 to 10, citing adverse weather conditions affecting the country. The exams, originally scheduled for December 14 under the guidance of the All Ceylon Sasanarakshaka Mandalaya, were to be conducted across 3,389 centers nationwide. A total of 690,563 students were…
The Cabinet of Ministers has approved a series of large-scale infrastructure projects aimed at modernizing facilities across state universities in Sri Lanka. Sixteen development proposals—submitted under the Ministry of Education, Higher Education, and Professional Education—have been incorporated into the government’s Investment Plan 2026–2030, following recommendations from the Department of National Planning. Presented by the Prime…
