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ADB President announces emergency grants for flood relief across Southeast Asia and Sri Lanka

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December 05, 2025

Asian Development Bank (ADB) President Masato Kanda on Wednesday announced that ADB will provide immediate grant support of up to $3 million to Sri Lanka; $2 million to Thailand; and $2 million to Viet Nam, following requests for support from the governments.

"I am deeply saddened by the suffering caused by these devastating floods," said Kanda. "The governments and people of Sri Lanka, Thailand, and Viet Nam can rest assured that ADB will provide assistance to help save lives and rebuild communities. We will work quickly and cooperatively with governments to bring shelter, comfort and hope to those affected by these ter

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The Island

CPC delegation meets JVP for talks on disaster response

A high-level delegation from the International Department of the Communist Party of China (CPC) visited the JVP headquarters in Pelawatta, Battaramulla, on Wednesday (03) as part of an observation tour aimed at strengthening party-to-party cooperation.

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1 min

December 06, 2025

The Island

Lanka signs USD 100M loan and USD 3M grant agreements with ADB

The Government of Sri Lanka held discussions with the Asian Development Bank (ADB) to mobilise a policy-based loan, amounting to USD 100 million, to implement the Power Sector Reforms and Financial Sustainability Programme (Subprogram 2).

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1 mins

December 06, 2025

The Island

The Island

Sri Lanka claims regional spotlight as DC Group wins Gold for Digital Innovation Agency of the Year – South Asia and Rest of South Asia

DC Group marked a significant milestone for Sri Lanka’s creative and digital sector by becoming the first Sri Lankan agency to be awarded Gold for Digital Innovation Agency of the Year South Asia at the Campaign Agency of the Year Awards 2025.

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1 mins

December 06, 2025

The Island

The Island

Union Assurance becomes first insurer to earn the YouTube Silver Play Button

Union Assurance, Sri Lanka's longest-standing private Life Insurer, has achieved a milestone in its digitalisation journey by being awarded the YouTube Silver Play Button, recognising the Company for surpassing 100,000 subscribers on its official channel.

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1 min

December 06, 2025

The Island

The Island

Weatherald's opening gambit inspires Australia fightback

After Travis Head had hogged the attention in the buildup, fellow opener Jake Weatherald emerged from his shadow with a rollicking maiden Test half-century as Australia capitalised on a ragged England bowling and fielding effort in the day-night second Ashes Test.

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4 mins

December 06, 2025

The Island

The Island

HUTCH joins nation’s rebuild effort with Rs.60 million contribution to ‘Rebuild Sri Lanka’ Fund

HUTCH Sri Lanka has donated Rs 60 million to the ‘Rebuild Sri Lanka Fund’, instantly stepping forward to support the nation rebuilding following Cyclone Ditwah.

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1 min

December 06, 2025

The Island

The Island

TikTok launches guide to combat misinformation during floods in Sri Lanka

TikTok has announced the launch of a new search guide designed to help users in Sri Lanka access authoritative and up-

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1 min

December 06, 2025

The Island

Unique travelogue on Sri Lanka unveiled in New Delhi

Around the World in Magnets - Sri Lanka, a newly released book, was unveiled at the Sri Lankan High Commission here (New Delhi), on 02 December.

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1 mins

December 06, 2025

The Island

IMF pledges additional aid to Lanka following Cyclone Ditwah destruction

The International Monetary Fund (IMF), on Thursday, signalled strong solidarity with Sri Lanka in the wake of Cyclone Ditwah, confirming that it is actively exploring options to provide further support for recovery and resilience beyond the existing Extended Fund Facility (EFF).

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1 min

December 06, 2025

The Island

Govt. to roll out loan facilities for new entrepreneurs from next month

A joint programme by the Ministry of Finance and commercial banks to provide loan facilities for new entrepreneurs will be launched in January next year, Minister of Industry and Entrepreneurship Development, Sunil Handunneththi, told Parliament's Ministerial Consultative Committee on 25 November.

time to read

1 min

December 06, 2025

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