President discusses the matter with Japanese leaders

A proposal to provide interest-free loans for private university education will be submitted to the Cabinet next week, acting Finance Minister Ranjith Siyambalapitiya said.

Sri Lanka Insurance said yesterday it has yet again recorded a stellar performance in the year 2022 to record a profit before taxation of Rs. 12.47 billion for the year 2022, with a combined Gross Written Premium (GWP) of Rs. 41.2 billion.

The Government has decided to appoint a Policy Committee to draw up a framework beyond protectionism to boost the shipping and logistics services and attract new investments.

A Power Distribution Control Centre is to be set up for the WP South region 1 for the benefit of nearly 295,000 retail consumers and 626 bulk consumers with Indian Power Consortium assistance.

Concluding its visit to Sri Lanka, the International Monetary Fund (IMF) staff mission says the macroeconomic situation in the country is showing tentative signs of improvement, with inflation moderating, the exchange rate stabilizing and the Central Bank rebuilding reserves buffers.

The Deputy Assistant Secretary of State for South and Central Asian Affairs (DAS) Afreen Akhter DAS has shared details of the US $270 million in new support that the United States has delivered over the last year

Mr. Atula Senaratne, the former professor of Geography Department of University of Peradeniya stated that NASA has identified the lowest point of gravity on the earth as the southern tip of Sri Lanka.

Sea cucumber farming is a relatively new industry in Sri Lanka, but it has quickly gained popularity due to its potential for high profits.