News
People’s Bank opens a banking counter at Passport Office to add further convenience to migrant workers
People’s Bank has stepped forward to support the Department of Immigration and Emigration by establishing a new banking counter at ‘Suhurupaya’, Battaramulla recently.
This initiative was taken with the aim of supporting the Central Bank of Sri Lanka’s ongoing efforts to boost the country’s foreign reserves by offering migrant workers access to safe, official remittance channels from the time they obtain new passports or renew their passports in order to leave for jobs abroad.
Chief Guest of the opening ceremony Ajith Nivard Cabraal – Governor of the Central Bank of Sri Lanka commented, “A lot of Sri Lankans go overseas for jobs and send their hard-earned money to Sri Lanka. Sometimes they face issues when remitting money. So we thought we should provide the opportunity for them to open an account as they obtain their passports at the passport office which they can operate with greater ease and trust when sending money to their families from abroad. The Controller of Immigration and Emigration, his staff, the officials at the Central Bank and at other relevant banks worked in unison to establish their counters here just within a week. This shows that government institutions can collaborate with the private sector and quickly accomplish any task for the benefit of the country and its people. Our hard-working migrant workforce will enjoy the convenience and reliability of this service. As a result of it, more foreign money will flow into the country and the nation will reap benefits from it.”
Remittances from Sri Lankan foreign workers have been a vital component of Sri Lanka’s foreign currency earnings, boosting the economy as well as the country’s ability to withstand external sector resilience.
Statistics reveal that Sri Lankan foreign workers’ remittances have covered around 80% of the annual trade deficit over the past two decades. Strengthening foreign remittance inflows to the country brings significant socio-economic benefits including the steady supply of forex inflows to the formal banking system, which in turn helps in the smooth functioning of the country’s Banking Industry.
Given the importance of foreign remittances to the country, in early November, the Central Bank of Sri Lanka established a new department named ‘Foreign Remittances Facilitation Department’ to facilitate and streamline workers’ remittances inflows to the country.
News
INS NIREEKSHAK makes port call in Colombo
The Indian Navy Ship (INS) NIREEKSHAK arrived in Sri Lanka for Operational Turnaround (OTR) and a training visit on 21 Apr 26.
The Sri Lanka Navy welcomed the visiting ship at the port of Colombo in accordance with time-honoured naval traditions.
Commanded by, Commander Sailesh Kumar Tyagi, this Diving Support Vessel is set to conduct a training programme with the diving professionals of the Sri Lanka Navy.
The crew is also scheduled to participate in several activities organized by the Sri Lanka Navy and visit some tourist attractions within the country.
Latest News
Advisory for Severe Lightning issued to the Western, Sabaragamuwa, Central, North-western, North-central, Southern, Uva provinces, and Mannar, Vavuniya, Ampara, Batticaloa districts
Advisory for Severe Lightning
Issued by the Natural Hazards Early Warning Centre
Issued at 12.00 noon 21 April 2026 valid for the period until 11.30 p.m. 21 April 2026
Thundershowers accompanied with severe lightning are likely to occur in the Western, Sabaragamuwa, Central, North-western, Northcentral, Southern, Uva provinces, and in Mannar, Vavuniya, Ampara, Batticaloa districts after 1.00 p.m.
There may be temporary localized strong winds during thundershowers. General public is kindly requested to take adequate precautions to minimize damages caused by lightning activity.
ACTION REQUIRED:
The Department of Meteorology advises that people should:
Seek shelter, preferably indoors and never under trees.
Avoid open areas such as paddy fields, tea plantations and open water bodies during thunderstorms.
Avoid using wired telephones and connected electric appliances during thunderstorms.
Avoid using open vehicles, such as bicycles, tractors and boats etc.
Beware of fallen trees and power lines.
For emergency assistance contact the local disaster management authorities
Latest News
Six Foreign Envoys Present Credentials to President Dissanayake
Two High Commissioners, three Ambassadors and an Apostolic Nuncio-designate of the Holy See presented their credentials to President Anura Kumara Dissanayake at the Presidential Secretariat this morning (20).
The ceremony, held at 10.00 a.m., followed the formal order of precedence, with the envoys representing Papua New Guinea, Somalia, Luxembourg, the Holy See, Pakistan and Kuwait.
Accordingly, diplomats who presented their credentials were:
01. Vincent Sumale, High Commissioner-designate of Papua New Guinea (Based in New Delhi)
02. Abdullahi Mohammed Odowa, Ambassador-designate of Somalia (Based in New Delhi)
03. Christian Biever, Ambassador-designate of Luxembourg (Based in New Delhi)
04. Monsignor Andrzej Józwowicz, Apostolic Nuncio-designate of the Holy See
05. Major General (Retd) Nayyar Naseer, High Commissioner-designate of Pakistan
06. Saleh Mubarak Al-Sarawi, Ambassador-designate of Kuwait
Following the presentation of credentials, the President engaged in a cordial discussion with them. The Minister of Foreign Affairs, Foreign Employment and Tourism, Vijitha Herath, and the Secretary to the President, Dr Nandika Sanath Kumanayake, were also in attendance.
-
Business4 days agoHarnessing nature’s wisdom: Experts highlight “Resist–Align” path to resilience
-
News6 days agoPNS TAIMUR & ASLAT set sail from Colombo
-
News4 days agoGratiaen Trust announces longlist for the 33rd Annual Gratiaen Prize
-
News3 days agoFrom Nuwara Eliya to Dubai: Isha Holdings markets Agri products abroad
-
News18 hours agoRs 13 bn NDB fraud: Int’l forensic audit ordered
-
Opinion2 days agoShutting roof top solar panels – a crime
-
News4 days agoHeroin haul transported on 50-million-rupee contract
-
Latest News5 days agoSingapore Zoo’s first Sri Lankan leopard cubs make their public debut
