Connect with us

Economy

President’s Fund Now Online

Published

on

All services of the President’s Fund will now be available online starting today, allowing the public to access its full range of benefits from any part of the island. 

Since February 7th, applications for medical assistance from the President’s Fund have been accepted through all Divisional Secretariats across the country. 

According to the President’s Media Division, this initiative has been highly successful, prompting the government to decentralize all other services of the Fund in the same manner.

As a result, the public can now apply online through their respective Divisional Secretariats for various programs, including:

Poverty alleviation subsidies

Academic scholarships

Support for children demonstrating academic Excellence

Assistance for individuals with special needs

Relief for children affected by wild elephant attacks

Evaluation for individuals who have rendered national service

Subsidies for emergencies and natural disasters

This digital transformation ensures that citizens across Sri Lanka,especially those outside Colombo can conveniently access the services of the President’s Fund without having to travel long distances.

Economy

Galle ranks fifth among top 10 honeymoon destinations for 2026

Published

on

By

Galle has been placed fifth among the world’s top 10 honeymoon destinations for 2026 in the latest rankings released by Tripadvisor.

The ranking forms part of Tripadvisor’s Travelers’ Choice Awards Best of the Best 2026 and is based solely on the volume and quality of traveller reviews submitted over a 12-month period.

Tripadvisor said the list reflects destinations that consistently received strong feedback from honeymoon travellers worldwide.

Beach and island destinations dominate the upper end of the 2026 rankings. Bali secured the top position, followed by Mauritius and the Maldives, with St. Lucia ranked fourth. Galle placed fifth, ahead of several established long-haul honeymoon favourites.

Tripadvisor noted that Galle’s appeal lies in its blend of heritage and coastal experiences. Founded by the Portuguese in the 16th century, Galle Fort remains a key attraction, with preserved ramparts, historic buildings, and walkable streets.

Continue Reading

Economy

Sri Lanka Postal Service achieves record revenue

Published

on

By

Sri Lanka’s postal service has recorded a remarkable turnaround in 2025, surpassing revenue targets set by the Treasury and signalling a major revival after years of stagnation.

Postmaster General Ruwan Sathkumara said the Department of Posts generated Rs. 13.1 billion last year, exceeding the revenue target assigned for 2025.

He highlighted that the past year also saw wide-ranging reforms, including large-scale recruitments, confirmations of long-serving staff, infrastructure upgrades, and investments in technology and transport to improve efficiency and service delivery.

According to Sathkumara, 378 Sub-Postmasters received permanent appointments in June 2025—the first confirmations for the category since 2020. In September, the appointments of 1,000 Postal Assistants were regularised, marking the first such confirmations since 2022.

The Postmaster General added that recruitment is underway to hire 600 Postal Service Officers through open competition, with appointments expected in February 2026. 

Continue Reading

Economy

Sri Lanka ranked most affordable place to live or retire in 2026

Published

on

By

International Living magazine has identified the five most affordable places to live or retire in 2026, which scored the highest in the cost-of-living category of its 2026 Global Retirement Index.

It evaluated retirement destinations across climate, healthcare, visa and lifestyle, along with cost.

Sri Lanka ranked top of the list due to affordable local transportation and easy-to-obtain retirement visas. A couple can live extravagantly on $2,200 (£1,637) a month, or on $1,000 (£744) with some budgeting.

In second place is Vietnam, with the average cost of living in Hanoi sitting at under $1,800 (£1,339) per month. Rent is low and healthcare is affordable.

Thailand was ranked third, because a couple can live comfortably for around $2,000 (£1,488) a month in cities such as Chiang Mai or coastal towns such as Hua Hin. These both have affordable housing, and accessible services and transportation.

#oureconomics

Continue Reading
Advertisement

Trending