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Beyond Recovery: Policy Priorities to Achieve Durable Growth in Sri Lanka
By Rashmi Anupama and Kalani Kiriveldeniya, Research Assistants, Institute of Policy Studies of Sri Lanka (IPS) Sustaining Sri Lanka’s post-crisis macroeconomic stability requires productivity-enhancing reforms to achieve durable and inclusive growth. Against this backdrop, the Institute of Policy Studies of Sri Lanka (IPS) hosted a roundtable discussion on 14 October 2026 on its flagship publication, […]
Fitch Assigns CBC Finance’s Proposed Subordinated Debt ‘BBB+(EXP)(lka)’ Rating
Fitch Ratings has assigned CBC Finance PLC’s (CBCF, A(lka)/Stable) proposed Sri Lankan rupee-denominated subordinated listed debentures of up to LKR1 billion an expected National Long-Term Rating of ‘BBB+(EXP)(lka)’. The proposed debentures are likely to have a maturity of five years and are to be listed on the Colombo Stock Exchange. The company plans to use […]
HIPG sees stronger opportunities as container shipping’s return to Suez gathers pace
Hambantota International Port Group (HIPG) has welcomed the prospect of a sustained return of container shipping through the Red Sea and Suez Canal, saying the recovery of the main East–West shipping corridor could strengthen Hambantota’s commercial position as it prepares to increase annual container handling capacity to two million TEUs in the first quarter of […]
Opinion: Democracy, Monkhood And The Economy
Why Sri Lanka Must Reconcile Buddhist Ethics, the Rule of Law and Economic Recovery “Democracy has to be born anew every generation, and education is its midwife.” — John Dewey Author: Prof. Asoka.S.Seneviratne Introduction: A National Controversy with Economic Consequences Sri Lanka’s current controversy surrounding sections of the Buddhist clergy, the imprisonment of Ven. Galagoda […]
Sri Lanka Must Secure Its Electricity, Water, AI, Cloud & Digital Lifelines in 21st Century Before Next Failure Trouble Entire Nation
By Jithendra Antonio Sri Lanka’s greatest strategic vulnerability in the artificial intelligence age may not be a shortage of algorithms, foreign investment or technological ambition. It may be the inability to keep the country functioning when electricity disappears, water pumps stop, telecommunications weaken and essential digital services become inaccessible. The nationwide electricity collapse on 17 […]
Sri Lanka’s terror law could cost it a trade lifeline
A security Bill meant to please Brussels may end up angering it Sri Lanka has spent four decades trying to rid itself of the Prevention of Terrorism Act (PTA), a law used so freely that even its authors, in the 1979 parliament, called it temporary. The Protection of the State from Terrorism Bill (PSTA), gazetted […]
Why a tobacco-free generation won’t see the light of day through a generational ban
Sri Lanka wants a smokeless future, and so it should. But a Tobacco-free generation will leave the country with something far harder to control: an unregulated illegal market. What is a Tobacco-Free Generation (TFG)? TFG is a concept that has made headlines recently. The idea is that persons born after a certain year, in the […]
Government Moves to Pass Public-Private Partnership Bill to Boost Investment Infrastructure
The Cabinet of Ministers has granted approval to publish the Public-Private Partnership Bill in the Government Gazette and subsequently present it to Parliament for final legislative sanction. This decision, submitted as a proposal by the President in his capacity as the Minister of Finance, Planning, and Economic Development, was formally announced in the Cabinet media […]
Govt Tightens Import Regulations to Shield Domestic Tire Manufacturers
Under the banner of ensuring a fair playing field for domestic industries, the government has moved to enforce strict quality compliance on imported motor vehicle tires. Acting on recommendations from the Ministry of Industry and Entrepreneurship Development, the Cabinet of Ministers has approved a proposal submitted by the President—in his capacity as the Minister of […]
Daily Power Cuts Proposed Starting Today as NSO Seeks PUCSL Approval
The National System Operator (Private) Limited (NSO) has formally requested approval from the Public Utilities Commission of Sri Lanka (PUCSL) to implement daily one-hour scheduled power cuts starting today, continuing through October 21. The proposal was confirmed by Buddhika Samarasekara, Chief Executive Officer of National System Operator (Pvt) Ltd. The power interruptions are proposed to […]
The Betrayal of Kavanthissa: How Sri Lanka’s Majestic Tuskers Are Being Sacrificed to Negligence and Rhetoric
Kavanthissa. For generations, the gentle giants of Sri Lanka have walked the island’s forests as symbols of majesty, national pride, and spiritual reverence. From the legendary Nedungamuwa Raja to the grand tuskers roaming the dry zone, these magnificent creatures represent the living heritage of a country blessed with irreplaceable biodiversity. Yet today, that heritage is […]
China Merchants Port, Access Engineering & Sri Lanka Ports Authority Pull the Plug on South Asia Logistics Hub
China Merchants Port Holdings Company Limited has officially terminated the South Asia Commercial and Logistics Hub project in Sri Lanka following a mutual agreement among all project partners. According to a company announcement released on October 15, 2026, the company’s wholly-owned subsidiary, FCGL, alongside Access Engineering and the Sri Lanka Ports Authority, signed a settlement […]