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Japan – SL sign Exchange of Notes for JDS scholarship

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Yesterday (July 02), the Foreign Ministers of Japan and Sri Lanka Kamikawa Yoko and Ali Sabry, signed the Exchange of Notes for Human Resource Development Scholarship (known as JDS) in Tokyo during his official visit to Japan, marking a new milestone for JDS in Sri Lanka.


Through the Exchange of Notes, the Government of Japan has provided a grant aid worth approximately Rs.578 million (304 million Japanese Yen) for this project. This project aims to train young promising administrative officers in the public sector at various universities in Japan and develop their knowledge and skills in order to qualify them as future national leaders in their respective fields. Under the project, 17 public sector officials will be sent to pursue a 2 to 3 year Master’s or PhD degree programs commencing in 2025. Their research areas include Public Policy, Macroeconomics, Public Finance and Investment Management, Industry Development Policy and Investment Promotion, and Urban and Regional Development.

Since its inception in 2010, JDS project has supported 222 public sector officials from Sri Lanka. The project will contribute not only to enhancing individual capacities but also to improving institutional capacity of the public sector, thereby supporting healthy and sustainable development of Sri Lanka. We sincerely hope that JDS fellows will play indispensable roles in navigating Sri Lanka’s administration towards full-scale economic growth that we all anticipate coming following the recent agreement on the debt restructuring with the official creditors.

‘JDS fellows are also expected to further solidify the foundations of the bilateral relations with Japan as a bridge between both countries by utilizing their human network developed through academic and social activities while in Japan. In this regard, we welcome the launch of the JDS Alumni Association by the JDS returnees in March this year. We have high hopes for the JDS Alumni Association to facilitate the sharing of knowledge they gained in Japan and encourage collaboration among relevant ministries and agencies, thereby promoting ingenuity in overcoming various difficulties and in ultimately achieving Sri Lanka’s prosperous development. We also hope that the JDS Alumni Association will serve as a vital hub for strengthening our bilateral relations,’ a statement issued by the Japanese embassy in Sri Lanka notes.

It adds that with the signing of the Exchange of Note, the commitment to JDS is renewed with the hope of energizing and solidifying the bilateral cooperation between the two countries.

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Forests on state lands to be designated as reserves

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The Ministry of Environment has decided to designate several forests located on state owned lands as official forest reserves.

Deputy Minister – Anton Jayakody has stated that such forests, each spanning 05 hectares or more, have been identified in every district.

Special priority will be given to designating forest reserves on mountain peaks.

In the first phase, 20 forests in districts including Monaragala and Ampara have been selected under the new program named ‘Vanaspathi’,  he said.

He further said the initiative aims to protect these forest areas and expand the country’s forest cover.

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No cases filed against 22 banned pyramid schemes – CBSL

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Although the Central Bank of Sri Lanka (CBSL) has banned 22 institutions operating illegal pyramid schemes, no legal action has been taken against any of them so far, according to reports.

This was disclosed during a workshop held at the CBSL yesterday (July 08) on the dangers of pyramid schemes.

According to CBSL officials, after initial investigations, the files were handed over to the Criminal Investigation Department (CID) for further inquiry.

The CID’s Financial Crimes Unit has reportedly completed its investigations and submitted findings to the Attorney General’s Department, which is responsible for filing cases.

However, it was noted that not a single case has been filed to date.

The CBSL states that investigations will be continued against companies engaged in these illegal practices and hopes at least one or two such cases would be filed by the end of this year or early next year (2026).

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NPP’s Nishantha Jayaweera sworn in as MP

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U. D. Nishantha Jayaweera was sworn in as a National People’s Power (NPP) National List Member of Parliament before the Speaker of the House – Dr. Jagath Wickramaratne, today (July 09).

He fills the Parliamentary seat left vacant following the resignation of Dr. Harshana Suriyapperuma last month.

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