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Prices of schoolbags & school shoes to be slashed

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State Minister of Finance Ranjith Siyambalapitiya has stated that the manufacturers have agreed to reduce prices of locally-manufactured schoolbags and school shoes with effect from July 15.

Accordingly, the prices of locally-manufactured schoolbags and school shoes will be reduced by 10%, which will see a price drop of Rs. 350 – Rs. 450, the State Minister said.

The price slash comes in response to a request made by the minister to provide the benefit of the price drop of the raw materials relative to the appreciation of the Sri Lankan Rupee, he added.mer: All the comments will be moderated by

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NPP wins Tangalle Urban Council in first LG election results

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The Election Commission has released the first official results from the 2025 Local Government polls, with the National People’s Power (NPP) claiming victory in the Tangalle Urban Council, Hambantota District.  

Tangalle Urban Council Results
National People’s Power (NPP): 2,260 votes (9 seats)  
Samagi Jana Balawegaya (SJB): 1,397 votes (5 seats)  
Sri Lanka Podujana Peramuna (SLPP): 795 votes (3 seats)  
United National Party (UNP):  265 votes (1 seat)  
Sarvajana Balaya (SB): 177 votes (1 seat)  

The JVP-led NPP’s strong showing in this southern urban council marks a significant shift in the region traditionally dominated by the SLPP. 

Political analysts note this could signal changing voter sentiments amid economic pressures.  

Voting concluded at 4:00 p.m. today after a largely peaceful process. 

Counting continues for 338 other local bodies, with results expected through the night.  

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LG polls : voting concludes peacefully

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Voting of the 2025 Local Government elections concluded at 4.00 pm today (May 06).

The Election Commission has stated that the voting process was peaceful overall, with no incidents of violence reported during the polling period.

Voting ended with varying turnout in various districts as most districts have reported turnout of about 50% or less as at 3.00 pm.

Meanwhile, police say that special security arrangements are continued even after voting is concluded.

Police Media Spokesperson, SSP Buddhika Manatunga, has urged the public to remain calm and peaceful during the post-election period as well.

A total of 75,589 candidates are contesting from various political parties and independent groups at this year’s Local Government election.

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World Bank group President to visit SL tomorrow

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World Bank group President – Ajay Banga will visit Sri Lanka tomorrow (May 07).

It is the first visit by the head of the multilateral lender in 20 years, following an invitation extended by President Anura Kumara Disanayake last year.

“The visit comes at a critical moment, as Sri Lanka continues its path toward economic recovery and seeks to build a more resilient, inclusive, and private sector-led future,” the World Bank says.

Banga will meet President Dissanayake, Prime Minister Harini Amarasuriya, and senior government and private sector leaders.

“These discussions will center on how Sri Lanka can overcome current challenges and seize new opportunities as it continues to recover economically and socially,” the World Bank added.

The World Bank Group currently maintains a portfolio of projects in Sri Lanka valued at $2.2 billion, encompassing both public and private sector investments. While recent reports have acknowledged Sri Lanka’s progress, the Bank continues to emphasize the need for poverty reduction and reform continuity to ensure sustained recovery.

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