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Financial Aid from ADB for Implementation of Transforming Irrigation Systems for Improved Food Security Project (Grant Financing)

The Grant Agreement for the Transforming Irrigation Systems for Improved Food Security Project was formally signed today (19 December 2025) at the General Treasury, Colombo, between the Government of Sri Lanka and the Asian Development Bank (ADB). Dr. Harshana Suriyapperuma, Secretary, Ministry of Finance, Planning and Economic Development, signed on behalf of the Government of…

(0)Comments | December 19, 2025 2:51 pm

Sri Lanka Takes a Major Step Forward in Digital Transformation with Official Awarding of 5G Spectrum

Sri Lanka marked a significant milestone in its digital transformation journey with the official awarding of 5G spectrum licenses at a ceremonial event organised by the Telecommunications Regulatory Commission of Sri Lanka (TRCSL), under the patronage of the Ministry of Digital Economy. The rollout of 5G is a critical enabler of Sri Lanka’s digital economy…

(0)Comments | December 19, 2025 11:54 am

Trump Suspends US Green Card Lottery After Brown, MIT Attacks

AP News – President Donald Trump suspended the green card lottery program on Thursday that allowed the suspect in the Brown University and MIT shootings to come to the United States. Homeland Security Secretary Kristi Noem said in a post on the social platform X that at Trump’s direction she is ordering the United States Citizenship and…

(0)Comments | December 19, 2025 11:49 am

Dialog Partners Starlink to Deliver Ubiquitous Enterprise Connectivity Across Sri Lanka

Bringing high-speed satellite internet to every corner of the island Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, announced its partnership with Starlink to bring high-speed satellite internet solutions to empower businesses, institutions and underserved communities across the island. As an authorised agent for Starlink in Sri Lanka, Dialog will enable access to the world’s…

(0)Comments | December 19, 2025 11:31 am

Shield Restraint Systems (Pvt) Ltd Unveils State-of-the-Art Manufacturing Facility with USD 8.5 Million Investment

Shield Restraint Systems (Pvt) Ltd today officially opened its cutting-edge manufacturing facility at the Export Processing Zone, Wathupitiwala, Nittambuwa, marking a significant milestone in Sri Lanka’s industrial development and foreign investment landscape. The event was attended by senior executives from the United States, including Mr. Kevin McHenry, Executive Vice President of TransDigm Inc., and Mr….

(0)Comments | December 19, 2025 10:01 am

GovPay Concludes 2025 with Rs. 2 Billion in Digital Transactions

GovPay, Sri Lanka’s Government Digital Payment Platform, concluded the year 2025 by surpassing Rs. 2 billion in total digital transaction value, marking a major milestone in the country’s digital transformation journey. Notably, GovPay doubled its collections from Rs. 1 billion to Rs. 2 billion in just 45 days, reflecting rapid adoption, growing public trust, and…

(0)Comments | December 19, 2025 8:57 am

China’s ByteDance signs deal to form joint venture to operate TikTok US app

Reuters – TikTok’s Chinese owner, ByteDance, signed binding agreements with three major investors to sell just over 80% of the company’s U.S. assets to American and global investors to avoid a U.S. government ban, TikTok CEO Shou Zi Chew told employees on Thursday. The deal is a major step toward resolving years of uncertainty about the…

(0)Comments | December 19, 2025 8:37 am

Dialog Launches Sri Lanka’s Largest 5G Network, Connecting Over 1.5 Million Subscribers

Over 1.5 million Dialog subscribers already connected to the largest 5G network in Sri Lanka First operator to commercially enable 5G in Sri Lanka, powered by 220 live sites connected across the country, underscoring leadership in next-generation connectivity Only operator to secure 27 GHz spectrum, enabling gigabit speeds and advanced enterprise solutions, alongside 3500 MHz spectrum to…

(0)Comments | December 18, 2025 6:31 pm

WindForce PLC Commissions Rooftop Solar Project at Joy Island, Maldives

WindForce PLC has successfully commissioned a 432.2 kWp rooftop solar photovoltaic (PV) power project at Joy Island in the Maldives, further strengthening its regional renewable energy footprint. The project, located at Joy Island in Kassanfushi, Kaafu Atoll, was commissioned on December 13, 2025, following an Engineering, Procurement and Commissioning (EPC) contract awarded earlier this year….

(0)Comments | December 18, 2025 6:04 pm

European Union Provides over Euro 2.35 million Humanitarian Assistance to Sri Lanka

The European Union has allocated a total of Euro 2.35 million of financial assistance to Sri Lanka. This includes Euro 500,000 through IFRC and Euro 1.85 million through DG-European Civil Protection and Humanitarian Aid Operations (ECHO) partners, WFP and UNICEF as humanitarian assistance to Sri Lanka, in response to the impact of Tropical Cyclone Ditwah,…

(0)Comments | December 18, 2025 4:36 pm

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