Group of 120 experts including Joseph Stiglitz urge fresh debt restructuring plan given scale of destruction The Guardian – A group of the world’s top economists – including the Nobel prize winner Joseph Stiglitz – have called for Sri Lanka’s debt payments to be suspended as it tackles the devastation caused by Cyclone Ditwah. More…
The World Bank Board of Executive Directors today approved a $50 million project to support Sri Lanka’s digital transformation. The project will promote innovation and investment in Sri Lanka’s digital sector, modernize government services, and make them easier to access and more responsive to the needs of people and businesses. The Sri Lanka Digital Transformation Project will…
The IMF Executive Board approved emergency financing under the Rapid Financing Instrument (RFI), providing Sri Lanka with immediate access to about US$206 million. The RFI will help Sri Lanka address the urgent needs arising from the catastrophic Cyclone Ditwah and preserve macroeconomic stability. Given the time needed to assess the impact of the cyclone and…
Marking a major leap forward in the country’s digital transformation journey, SLT‑MOBITEL, the National ICT Solutions Provider, has made its 5G network publicly available, enabling Sri Lankans to experience the power and possibilities of next-generation connectivity. Beyond unprecedented speed and ultra-low latency, SLT-MOBITEL 5G represents a transformative ecosystem that will redefine how Sri Lankans learn,…
Sri Lanka Tourism, in collaboration with the Embassy of Sri Lanka to the Republic of Korea, is providing support for the two VVIP South Korean Buddhist delegations visiting the country, demonstrating solidarity and strengthening cultural and religious ties with Sri Lanka. The first delegation included Anunayake thero of Jogye order , South Korean chief Buddhist…
Allianz SE (Headquartered in Munich, Germany) announced that it is donating €200,000 to support disaster relief efforts in Sri Lanka. In addition, Allianz SE is also extending its support to Thailand and Indonesia, contributing a further €400,000 to aid disaster relief across Southeast Asia. Torrential rainfalls have triggered severe flooding and landslides across Southeast Asia,…
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…
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…
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…
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…
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