Sri Lanka Expands Contactless Card Payments Across Major Bus Routes

Sri Lanka has officially launched bank-issued credit and debit card payments for bus fares, marking a major step toward modernizing public transport. The system was introduced this morning (24) at the Makumbura Multimodal Transport Center under the patronage of Transport Minister Bimal Rathnayake. The rollout includes expressway routes connecting Makumbura with Matara, Galle, Badulla, and…

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Sri Lanka Set to Present Reform-Focused National Budget Amid IMF Commitments

Sri Lankan President and Finance Minister Anura Kumara Dissanayake will present the national budget on Friday, prioritising economic reforms aimed at meeting International Monetary Fund (IMF) targets that are key for securing additional financial support and boosting investor confidence. Dissanayake came to power late last year promising to tackle corruption and rebuild the economy, which…

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Sri Lanka Approves Major University Infrastructure Drive Under 2026–2030 Investment Plan

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…

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Sri Lanka Mobilises Nearly Rs. 1.9 Billion for Post-Cyclone Recovery as Fast-Track Insurance Payouts Begin

Sri Lanka’s post-disaster recovery drive, the “Rebuilding Sri Lanka” programme launched in response to the devastation caused by Cyclone Ditwah, has secured a total of Rs. 1.893 billion (approximately USD 6 million) in funding, according to the Secretary to the Ministry of Finance, Planning and Economic Development, Dr. Harshana Suriyapperuma. The funds have been mobilised…

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Sri Lanka to Host “Sri Lankan Day” Cultural Festival in December 2025

The Sri Lankan Cabinet has approved plans to hold a national celebration titled “Sri Lankan Day” from December 12–14, 2025, at Colombo Town Hall Grounds, Vihara Maha Devi Park, and surrounding areas. The three-day festival will feature cultural performances, food fairs, and exhibitions showcasing the traditions of all ethnic and religious communities across the country….

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