Rapid development for communication infrastructure in remote areas in Sri Lanka

Rapid development for communication infrastructure in remote areas in Sri Lanka

Sri Lanka President Gotabaya Rajapaksa’s goal is to utilize the telecommunication development fees to develop the communication infrastructure in remote areas, says the Director General of the Telecommunications Regulatory Commission of Sri Lanka, Oshada Senanayake.   He also said that as the communication is a strong factor in the national economy, steps have been taken…

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Australia Strengthens Ties with Sri Lanka During High-Level Visit

Australia’s Assistant Minister for Citizenship, Customs and Multicultural Affairs, and International Education, Julian Hill, has concluded a two-day visit to Sri Lanka aimed at deepening cooperation across border security, education, and humanitarian support. In a statement shared on X, the Australian High Commission highlighted that the visit reaffirmed Australia’s solidarity with Sri Lanka as the…

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Sri Lanka Dominates SAAF Senior Athletics Championships 2025 with Multiple Golds and Record-Breaking Performances

Sri Lanka delivered a stunning performance at the 2025 South Asian (SAAF) Senior Athletics Championships in India, capturing multiple gold medals and setting new tournament records. Chamod Yodhasinghe sprinted to gold in the men’s 100m event with an impressive time of 10.3 seconds, while Shafiya Yamik claimed the women’s 100m title in 11.5 seconds, both…

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Sri Lanka to Launch Major Loan Programme for New Entrepreneurs in January

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…

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Sri Lanka Cricket to Invest Rs. 1.5 Billion Annually in School Cricket Development

Sri Lanka Cricket (SLC) will invest nearly Rs. 1.5 billion (approximately USD 4.9 million) each year to develop and promote school-level cricket across the country, Minister of Youth Affairs and Sports Sunil Kumara Gamage announced in Parliament today (24). Responding to a parliamentary query on SLC’s support for school cricket, the Minister said the funding…

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Sri Lanka Welcomes Over 1.8 Million Tourists in 2025, Led by Visitors from India

Sri Lanka has recorded 103,491 tourist arrivals in the first 20 days of October, according to the Sri Lanka Tourism Development Authority (SLTDA). Data shows that India remains the top source market, contributing 29,460 visitors—or 28.5% of total arrivals so far this month. The United Kingdom followed with 8,529 visitors, while China (8,063), Germany (6,305),…

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DFCC BANK PARTNERS WITH DFC UNITED STATES FOR USD 150 MN BILATERAL LOAN TO SUPPORT THE MSME SECTOR

DFCC BANK PARTNERS WITH DFC UNITED STATES FOR USD 150 MN BILATERAL LOAN TO SUPPORT THE MSME SECTOR

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)….

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