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Sri Lanka Initiates Power Sector Transformation to Ease Consumer Electricity Burdens.

May 18, 2026 at 12:01 AM

The Sri Lankan government is restructuring the power sector to lower electricity generation costs, focusing on renewable energy and improved efficiency. As part of this transition, financial compensation was recently disbursed to nearly 2,000 voluntarily retired Ceylon Electricity Board (CEB) employees.

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Sri Lanka Initiates Power Sector Transformation to Ease Consumer Electricity Burdens
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Local News
Sri Lanka Initiates Power Sector Overhaul to Reduce Consumer Costs
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Sri Lanka Initiates Power Sector Overhaul to Reduce Consumer Costs.

May 16, 2026 at 6:49 AM
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Local News

RTS Holdings Sets Industry Standard with Zero Carbon Certification for Tea Facilities.

RTS Holdings has achieved Zero Carbon Manufacturing Certification for its Hidellana and Avissawella tea factories, marking a significant step in sustainable Ceylon tea production through carbon offsetting and operational energy efficiency.

May 11, 2026 at 7:49 AM
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Local News
RTS Holdings Sets Industry Benchmark with Carbon-Neutral Tea Production
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RTS Holdings Sets Industry Benchmark with Carbon-Neutral Tea Production.

May 11, 2026 at 4:19 AM
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Sri Lanka Sets Roadmap to Abolish CESS Levies by 2029
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Local News•
May 2, 2026 at 7:41 PM

Sri Lanka Sets Roadmap to Abolish CESS Levies by 2029.

Sri Lanka has unveiled a multi-year strategy to completely phase out the Commodity Export Subsidy Scheme (CESS) by 2029 to boost trade competitiveness and reduce industrial production costs.

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Local News

HNB and DIMO Forge Strategic Alliance to Simplify Heavy Machinery Financing.

April 30, 2026 at 7:51 AM

Hatton National Bank (HNB) has partnered with DIMO to offer specialized leasing solutions for globally recognized heavy machinery, aimed at supporting Sri Lanka’s construction and industrial sectors.

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Local News
Kedella Enterprises Honored with Dual Accolades at People’s Excellency Awards 2025
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Kedella Enterprises Honored with Dual Accolades at People’s Excellency Awards 2025.

April 30, 2026 at 5:57 AM
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Local News
Rising Political Tensions: NPP Government Faces Allegations and Internal Scrutiny
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Rising Political Tensions: NPP Government Faces Allegations and Internal Scrutiny.

April 29, 2026 at 12:28 AM
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Business

Strategic Expansion: Navigating International Markets for Sri Lankan Enterprises.

Aelian Gunawardene, Managing Director of JAT Holdings, discusses the strategic necessity for Sri Lankan businesses to expand offshore, highlighting target regions, potential risks, and the importance of corporate governance.

April 28, 2026 at 2:54 AM
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Sri Lanka Launches Probe into Lanka Coal Company Procurement Practices
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Local News•
April 26, 2026 at 12:29 AM

Sri Lanka Launches Probe into Lanka Coal Company Procurement Practices.

The Sri Lankan government has initiated a Special Presidential Commission of Inquiry to investigate procurement irregularities at the Lanka Coal Company, following the resignation of the Energy Minister and Ministry Secretary.

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Local News

Ceylon Petroleum Corporation Confirms Fuel Supply Stability Through May.

April 26, 2026 at 12:28 AM

The Ceylon Petroleum Corporation has guaranteed continuous fuel supply in Sri Lanka until the end of May, citing advanced procurement strategies despite global market volatility.

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Ceylon Petroleum Corporation Confirms Fuel Supply Stability Through May
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Local News
Government Retains Rs. 915 Million from Coal Supplier Amid Quality Disputes
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Government Retains Rs. 915 Million from Coal Supplier Amid Quality Disputes.

April 17, 2026 at 4:21 PM
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Local News
Sri Lanka Government Opens Coal Import Probe to Public Testimony
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Sri Lanka Government Opens Coal Import Probe to Public Testimony.

April 17, 2026 at 3:34 PM
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Local News
Presidential Commission Initiated to Audit Long-Term Coal Import and Power Generation Irregularities
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Presidential Commission Initiated to Audit Long-Term Coal Import and Power Generation Irregularities.

April 17, 2026 at 7:24 AM
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Lanka Coal Dismisses Allegations Amidst Tender Irregularity Investigation
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Local News•
April 13, 2026 at 6:43 AM

Lanka Coal Dismisses Allegations Amidst Tender Irregularity Investigation.

The Lanka Coal Company has denied allegations of impropriety following a leaked audio recording, while opposition members have filed a formal CID complaint amid broader concerns over procurement transparency.

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Local News

CID Seals Lanka Coal Company Headquarters Amid Wide-Ranging Corruption Probe.

April 11, 2026 at 3:16 PM

Criminal Investigation Department officers have sealed the premises of Lanka Coal Company (Pvt) Ltd following a presidential request to investigate potential irregularities in coal imports dating back to 2009.

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CID Seals Lanka Coal Company Headquarters Amid Wide-Ranging Corruption Probe
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Local News
Police Security Tightened at Lanka Coal Company Amid High-Level Corruption Probe
Image Source : themorningtelegraph.com

Police Security Tightened at Lanka Coal Company Amid High-Level Corruption Probe.

April 11, 2026 at 1:14 PM
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Local News
Procurement Failures Exposed: Lanka Coal Company Under Scrutiny for Unverified Coal Imports
Image Source : island.lk

Procurement Failures Exposed: Lanka Coal Company Under Scrutiny for Unverified Coal Imports.

April 10, 2026 at 5:10 PM
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Local News
Government Initiates Comprehensive Probe into Historical Coal Procurement
Image Source : newswire.lk

Government Initiates Comprehensive Probe into Historical Coal Procurement.

April 10, 2026 at 1:07 PM
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Ceylon Chamber of Commerce Engages IMF on Economic Risk Mitigation
Image Source : island.lk
Local News•
April 7, 2026 at 8:52 PM

Ceylon Chamber of Commerce Engages IMF on Economic Risk Mitigation.

The Ceylon Chamber of Commerce held critical discussions with an visiting IMF delegation to address economic challenges facing Sri Lanka's tourism and SME sectors, focusing on sustainable growth and strategic resilience.

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