Sri Lanka foreign reserves marginally up in July to US$6.1bn
Sri Lanka’s gross foreign reserves edged up by 64 million US dollars in July 2025 to 6,144 million US dollars,
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One million people use century old Colombo sewers designed to ease 50, 000 – CMC
The century-old Colombo’s sewerage system has been designed to ease the waste materials of the then population of about 50, 000 persons back in the early 1900’s and not a staggering one million city dwellers at present, senior Colombo Municipal Council official said. The planning of the Colombo’s Municipal Council area sewerage system commenced in 1896 with the construction was …
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Cabinet approves amendment to child protection Act
The Sri Lankan Cabinet has given its approval for a proposal to amend the Child Protection Authority Act No. 50 of 1998. This move comes as the current act, which was enacted approximately 25 years ago, is no longer considered sufficient to address the increasing complexities of child exploitation and harassment. These complexities are attributed to significant socio-economic, political, and …
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LKR 425M plan to upgrade Pettah bus station
The Cabinet has approved a major project to modernize and develop the Pettah Central Bus Station, which is now in very poor condition after many years without repairs. This upgrade is urgently needed to improve the daily experience of passengers, bus drivers, conductors, and staff who use the station. The project will cost around LKR 425 million and will be …
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Japan gives Rs. 131M for demining in North
Japan has once again shown its support for Sri Lanka by providing a new grant of about USD 450,000 (around Rs. 131.4 million) to help clear landmines in the Northern Province. This grant is part of Japan’s “Grant Assistance for Grassroots Human Security Projects (GGP)” and was signed by the Japanese Ambassador, Akio Isomata, and Mr. Ananda Chandrasiri from Delvon …
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Sri Lanka crowned world’s most beautiful Island.
Sri Lanka, ranked the No. 1 island in the world by global travel platform Big 7 Travel. The recognition comes as part of their annual list of the Top 50 Best Islands in the World, celebrating the beauty, diversity, and unique experiences offered by islands across the globe. Big 7 Travel described Sri Lanka as an island that “has it …
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Tourists get driving license in 5 minutes at Air Port
Sri Lanka has established a new branch office of the Department of Motor Traffic in the Arrivals Terminal of Bandaranaike International Airport (BIA) in Katunayake, offering foreign tourists the convenience of obtaining a valid driving license within a mere five minutes. This new facility was officially opened under the patronage of the Minister of Transport, Highways and Civil Aviation, Bimal …
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Intex 2025: Textile Giants Gather in Sri Lanka
Sri Lanka is preparing to welcome thousands of global industry professionals as Intex Sri Lanka 2025, the region’s premier textile and apparel sourcing fair, returns for its 17th edition. The event will take place from August 6 to 8 at the Bandaranaike Memorial International Conference Hall (BMICH) in Colombo. Organised by Worldex India Exhibition & Promotion Pvt. Ltd, the three-day …
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Sri Lanka Gains Boost from IMF Engagement, U.S. Tariff Cut, and EU Apparel Demand
Weekly Economic Review
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Immigration Department welcomes 50 new officers
The Immigration Department has hired 50 new ‘Operational Assistant’ officers. This new Grade III position was created to help ease the department’s workload and improve efficiency at airports, ports, and detention centers. The appointments were made under the guidance of Minister Ananda Wijepala, who stated that the government is focused on recruiting based on talent and qualifications, free from influence. …
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