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Fonterra supports govt. program on food security & nutrition

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In support of the government’s ‘National Combined Mechanism for Food Security and Nutrition’, Fonterra will provide free milk powder to 70,000 low-income families.

Joining the ‘National Combined Mechanism for Food Security and Nutrition’ programme, set up under the patronage of President Ranil Wickremesinghe, Fonterra Brands Lanka Company has donated milk powder worth Rs174 million to 70,000 low-income families experiencing financial hardships.

The donation was made symbolically at the President’s Office yesterday (17) with the participation of New Zealand High Commissioner Michael Appleton and a group of New Zealand representatives.

Speaking at the occasion, Chairman and Advisor of the Presidential Committee on National Food Security Dr. Suren Batagoda said, “The Vision of the food security programme of the government is to ensure that every citizen has access to nutrition. This initiative is aimed at bridging this gap with the most vulnerable families.”

The milk powder was delivered to the 70,000 vulnerable families across the country, identified by the task force and delivered via the District Secretariats.

President’s Chief of Staff and the Senior Advisor on National Security Mr. Sagala Ratnayake, Vidya Sivaraja – MD, SEA & SA, Consumer & Food Service Global Markets, Judith Swales – CEO, Global Markets, General Shavendra Silva – Chief of Defence Staff and other officials, attended this event.

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03 Lankans featured in 2025 Forbes’ 30 Under 30 Asia list

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03 young Sri Lankans have been featured in the Forbes’ 30 Under 30 Asia list for 2025.

They are :
Nikin Matharaarachchi, in 2021, founded Sri Lanka-based Synapse AI Labs is the company behind Kommon Poll, an AI-powered social listening tool. Kommon Poll provides businesses marketing insights by analyzing keyword performance across multiple online platforms, including news sites, blogs and social media.

Charith N Silva, known for videos showing him preparing dishes in outdoor settings, launched the YouTube channel ‘Wild Cookbook’ in 2020 during the pandemic. With over 600 videos, ‘Wild Cookbook’ is now Sri Lanka’s largest YouTube channel with over 10 million subscribers, and Silva has over 2.3 million Instagram followers. In November 2024, he opened a restaurant in Colombo called Wildish.

Yanika Amarasekera-Siyaguna, a UC Berkeley and Imperial College London alumna, founded Silver Aisle, Sri Lanka’s first online wedding registry, in 2019. The e-commerce platform has since expanded beyond wedding gifts to include presents for all occasions as well as dining ,vacation packages and lessons in horse riding, golf and pottery, among others. In 2023, Amarasekera-Siyaguna was appointed an independent director of LB Finance, one of Sri Lanka’s largest finance firms.

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SL & India sign USD 930.8 Mn. debt restructuring deal

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Sri Lanka and India have signed a USD 930.8 million debt restructuring deal recently on Sri Lanka’s present External Debt Restructuring Process. 

The signing of Bilateral Amendatory Agreements between the Government of Sri Lanka and the Export-Import Bank (EXIM) of India took place on March 25, 2025 and April 03, 2025, respectively. 

The deal concerns 07 Line of Credit and 04 Buyer’s Credit Facility agreements with the Government of India.

Secretary of the Ministry of Finance, Planning, and Economic Development, Mr. K.M. Mahinda Siriwardana, signed the agreements on behalf of the Sri Lankan Government.

General Manager of the EXIM Bank of India, Mr.Nirmit Ved, signed the Line of Credits, and Deputy General Manager of the EXIM Bank of India, Mr. Amith Kumar, signed the Buyer’s Credit Agreements.

Issuing a statement, the Ministry of Finance, Planning and Economic Development stated that the signing of these bilateral amendatory agreements marks a significant milestone in Sri Lanka’s ongoing External Debt Restructuring Process.

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965 lives lost in road accidents during last 05 months

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A total of 965 people have died between January 01 – May 13 due to various road accidents across Sri Lanka.

During this period,1,842 accidents including 902 fatal accidents were recorded, according to police reports.

The main causes cited for these accidents include negligence, reckless driving and improper vehicle maintenance.

To address the rising number of accidents, police have planned a special island-wide program focused on reducing traffic incidents, including driver awareness initiatives.

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