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Navy joins Kankasanthurai harbour expansion to begin Indo-Lanka ferry service

The government of Sri Lanka launched a project for a passenger ferry service between the port of Kankasanthurai, Sri Lanka and Pondicherry, India to provide a more affordable and convenient mode of transportation.

ADB considers cheaper funds for Sri Lanka, supporting Green Bonds

The Asian Development Bank is considering more concessionary funding for Sri Lanka and support for green bond issues as part of its assistance to help the South Asian nation recover from its worst economic crisis in decades.

China pressures Sri Lanka to sign FTA in return of debt restructure ;Experts

China now seems to pressure Sri Lanka into entering into a Free Trade Agreement (FTA) under the guise of helping to restructure debt repayments following the delayed assurance for the restructuring of its debt with some conditions.

Indonesia to enhance employment cooperation with Sri Lanka:Minister Fauziyah

By: Staff Writer Colombo (LNW):Indonesia is set to enhance cooperation in the field of employment with Sri Lanka. Indonesian Manpower Minister Ida Fauziyah disclosed on...

Central Bank busts crypto currency investment racket

The Central Bank of Sri Lanka (CBSL) has announced that it is considering criminal action against a group that ran a crypto investment scheme dubbed Sports Chain.

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Sri Lankan Filmmakers Target Hollywood, Opening New Global Opportunities

The launch of Missing Threads, a crime thriller designed...

Visa Fraud Syndicates Exploit Sri Lankans’ Desperate Foreign Dreams

Sri Lanka’s desperate search for overseas employment and better...

HSBC’s Dual Exit Exposes Sri Lanka’s Investor Confidence Crisis

Sri Lanka’s economic recovery faces a fresh test as...

President Orders Faster Development of Katunayake Airport and Domestic Airports

President Anura Kumara Dissanayake has directed officials to accelerate ongoing projects to increase passenger-handling capacity and improve facilities at Katunayake International Airport, while also advancing the development of domestic airports across the country to meet future aviation demands. The directive was issued during a discussion on the 2027 Budget proposals for the Ministry of Ports and Civil Aviation held at the Presidential Secretariat. During the meeting, the President reviewed the progress of development projects at Katunayake Airport and stressed the importance of completing them without delay. He also highlighted the need to expand supporting infrastructure, including road networks surrounding the airport, to improve accessibility and accommodate growing passenger traffic. Improving convenience and facilities for air travellers at both Katunayake International Airport and regional airports was another key focus of the discussion. The meeting was attended by Minister of Ports and Civil Aviation and Minister of Energy Anura Karunathilaka, Minister of Labour and Deputy Minister of Finance and Planning Dr. Anil Jayantha Fernando, and Deputy Minister of Ports and Civil Aviation Janith Ruwan Kodituwakku. Other participants included Chief of Staff to the President Prabath Chandrakeerthi, Senior Additional Secretary to the President and Secretary to the Ministry of Energy Russell Aponso, Secretary to the Ministry of Finance, Planning and Economic Development Dr. Harshana Suriyapperuma, and Secretary to the Ministry of Ports and Civil Aviation W. W. S. Mangala. Deputy Secretary to the Treasury A. K. Seneviratne, Director General of the Department of National Budget Jude Nilukshan, and other officials from the relevant institutions and the Ministry of Finance also attended the discussion.
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