Researchers & Entrepreneurs to benefit from Rs. 1 Bn Innovation Grant Scheme
The Cabinet of Ministers has approved a new funding framework to accelerate the commercialization of research and development (R&D) projects in Sri Lanka, allocating Rs. 1 billion under the 2025 Budget to support innovative solutions that align with the government’s…
Vatican commends Sri Lanka’s progress
Visiting Secretary for Relations with States and International Organisations of the Holy See, Archbishop Paul Richard Gallagher, has revealed that he and His Holiness the Pope admire the progress Sri Lanka has made, particularly in advancing peace and unity among…
Customs delay sparks protest over withheld BYD vehicles in Colombo
A protest was held this morning (Nov. 4) outside the BYD automobile showroom in Colombo, demanding a solution to the delay in releasing BYD vehicles currently held by Sri Lanka Customs. Protesters said that the decision by Customs to withhold…
Bus conductor arrested over Fort assault viral video
A 35-year-old bus conductor has been arrested in connection with the assault of an individual in the Galle Face area in Fort, of which a video has been widely circulated on social media. According to the Police, the video shows…
99x Yantra Labs Breaks New Ground in Embedded Systems and IoT
The Yantra Labs team at 99x – Hasini Ariyapperuma, Madusha Mihiran, Pradeesha Hettiarachchi, and Dilshan Jayakody with Tonja Joseph, Embedded Systems Engineer at Norwegian Subsea 99x, a global technology services leader, continues to advance the frontier of innovation through its…
Sri Lanka to secure $100 Mn ADB loan for sustainable tourism
Sri Lanka will enter into loan agreements with the Asian Development Bank (ADB) to implement the Sustainable Tourism Sector Development Programme (STSDP), following Cabinet approval of a proposal presented by the President. Negotiations have been concluded to obtain a total…
Maharagama–Piliyandala road upgrade to be completed with govt. funding
The Cabinet of Ministers has approved a proposal by the Minister of Transport, Highways, and Urban Development to complete the renovation of the remaining section of the Maharagama–Piliyandala road using government funds. The project involves the renovation and upgrading of…
Sri Lanka to get $30 Mn IFC loan for sustainable energy project
Sri Lanka will secure a USD 30 million loan from the International Finance Corporation (IFC) of the World Bank Group to support the country’s Secure, Bearable and Sustainable Energy Project, following Cabinet approval of a proposal by President Anura Kumara…
Today’s CBSL official exchange rates
The Sri Lankan Rupee has depreciated slightly against the US Dollar today (04), compared to Monday. According to the Central Bank of Sri Lanka, the buying rate of the US Dollar has increased from Rs. 300.70 to Rs. 300.71. Meanwhile,…
Sri Lanka tourism grows 21.5% in October — 1.89 million arrivals so far in 2025
Sri Lanka welcomed 165,193 tourists in October 2025, marking a 21.5% increase compared to the same month last year. According to official data, total tourist arrivals for the first ten months of 2025 have reached 1.89 million. The highest monthly…