ECONOMYNEXT – Sri Lanka’s power ministry is planning to bring generation costs to 25 rupees, down from 37 rupees in mid 2025 using competitive bidding, Energy Minister Kumara Jayakoday said. In July 2024, an electricity unit averaged 37 rupees and it had now come down to 29 rupees, he said. The policy of the National People’s Power administration was to reduce electricity bills by 30 percent, over three years as articulated in their election platform he said. “We are planning to bring generation costs down to 25 rupees,” Minister Jayakody said. “If we bring it down to 25 rupees a…
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Jacob Duffy is set for his first senior World Cup after being included in an experienced 15-player squad for the upcoming ICC Men’s T20 World Cup in India and Sri Lanka, starting next month. The post New Zealand T20 World Cup Squad Announced appeared first on Newswire.
The Cabinet of Ministers has approved the purchase of 350 housing units at the ‘Harbour View Residencies’ project in Colombo 13 for officers serving in the Sri Lanka Police.
Former Ambassador Kananathan has extended his warm congratulations to President Faustin-Archange Touadéra following his election victory as President of the Central African Republic (CAR) in which he he won for the third term securing 76.15% of the votes as per the results released yesterday.
Strasbourg manager Liam Rosenior says he has ’’agreed verbally’’ to take over at Chelsea.
The Cabinet of Ministers has approved proposals to enhance healthcare services in government hospitals through public-private partnerships (PPP) under a performance-based payment scheme.
Sri Lanka Cricket has announced an 18-member men’s squad for the upcoming T20 International series against Pakistan as part of the Pakistan tour of Sri Lanka 2026.
Elon Musk’s AI tool Grok faced growing international backlash on Monday (Jan 5) for generating sexualised deepfakes of women and minors, with the European Union joining the condemnation and Britain warning of an investigation.
Three Indian nationals, aged 27 and 25, were arrested for possession of 50 kilograms of Kush cannabis, valued at approximately Rs. 500 million.
The Cabinet has approved a resolution submitted by the President to promptly finalize the draft bill for the National Lotteries Board, incorporating proposed amendments.
The government has approved a proposal to revise the fees charged for issuing temporary driving licences under the Motor Vehicles (Driving Licence Levy) Regulations No. 3 of 2022, which were prepared under the Motor Traffic Act.
Bids have been invited under the National Competitive Procurement Procedure for the printing and supply of vehicle number plates for the Department of Motor Traffic.
A container truck was seen driving dangerously on an expressway, forcing a bus toward the side rail despite the bus slowing down to give way. Video footage circulating on social media shows the container truck moving aggressively alongside the bus, leaving the bus with little room to manoeuvre as it was pushed toward the edge of the lane. According to witnesses, the bus had already reduced speed to allow the container vehicle to pass, but the truck continued to encroach into the bus’s lane, creating a potentially life-threatening situation. No injuries were reported in the incident, and the bus was…
Left to Right: A B M Ashraff, Additional Secretary (Development), Prime Minister’s Office; Asanga Priyadarshana, Group Chief Corporate Officer, Dialog Axiata PLC; Dr. Kumara Wickramasinghe, Additional Secretary (Medical services), Ministry of Health; Dr. Anil Jasinghe, Secretary, Ministry of Health and Mass Media; Nalaka Kaluwewa, Secretary to the Ministry of Education, Higher Education, and Vocational Education; Hon. Dr Nalinda Jayatissa, Minister, Ministry of Health and Mass Media; Hon. Dr. Harini Amarasuriya, Prime Minister of Sri Lanka; Hon. Eranga Weeraratne, Deputy Minister of Digital Economy; Supun Weerasinghe, Director / Group Chief Executive, Dialog Axiata PLC; Pradeep Saputhanthri, Secretary to the Prime Minister;…
A pilot project to provide nutritious, customised meals for in-patients has been launched for the first time at a government hospital, with the initiative commencing at the Apeksha Hospital Maharagama on Monday (6). Under the programme, in-patients will receive balanced and nutritious meals served on specially designed customised plates, with rice, vegetables, fish, meat, eggs and other items served separately to improve both nutritional value and appetite. Health and Mass Media Minister Nalinda Jayatissa said the initiative aims to enhance patient satisfaction and recovery by improving the quality and presentation of hospital food. Speaking at the launch, the minister also…
Three Indian nationals were arrested at Bandaranaike International Airport (BIA) with 50 kilograms of Kush cannabis, Sri Lanka Customs said. The narcotics, valued at Rs. 500 million, were seized by officers of the Customs Narcotics Control Unit. The suspects, aged between 25 and 31, arrived at 11:07 a.m. on SriLankan Airlines flight UL 403 from Bangkok. Preliminary investigations revealed that the individuals had been offered a trip to Bangkok in exchange for smuggling the drugs. The cannabis was concealed in 48 packages, each weighing over 1.1 kilograms hidden in three travel bags. The suspects and the seized drugs have been…
ECONOMYNEXT – Sri Lanka’s cabinet has approved the purchase of 350 housing units from the Harbour View Residencies built by the Urban Development Authority, for Police officers, minister Nalinda Jayatissa said. “The Cabinet approved the proposal to purchase 350 housing units for the Sri Lanka Police and to have adequate parking facilities constructed for those by the UDA, to provide housing to officers serving in the police divisions in Colombo and its suburbs,” Jayatissa told reporters. The UDA’s Harbour View Residencies housing project, consisting of 14 floors with 452 housing units, at Cyril C Perera Mawatha, Colombo 13, was built…
ECONOMYNEXT – Sri Lanka Tourism Development Authority (SLTDA) will start a leakage survey towards the end of this month to determine the accurate revenue from tourism, its chairman said. After the latest survey conducted early this year, the SLTDA has revised down per day spending from foreign visitor to US$148 from the early US$171 decided through a survey a decade ago. “There will be another survey coming up at the end of this month, the leakage survey,” Buddhika Hewawasam, the SLTDA Chairman told reporters on Monday at a media briefing held in Colombo. The survey is to determine how many…
ECONOMYNEXT – Sri Lanka’s rupee closed at 310.00/10 to the US dollar in the spot market Tuesday, weaker from 309.75/85 the previous day, dealers said, while bond yields edged up on the short end and remained steady across the rest of the yield curve. Analysts have warned the central bank not to push the rupee down by over-purchasing dollars above its deflationary policy which will eventually push up energy and food costs, even when US monetary policy is relatively benign. When the central bank buys dollars at 310 to the US the market is signalled to push the rupee down,…
ECONOMYNEXT – Sri Lanka’s cabinet of ministers has approved a proposal to award the procurement of printing and supply of vehicle number plates to M/s South Asian Technologies (Pvt) Ltd, minister Nalinda Jayatissa said. Sri Lanka’s vehicle registration system has been in crisis for months, with delays by the country’s Department of Motor Traffic in providing plates. In 2025, the country lifted import controls on vehicles leading to an influx of new vehicles. But a shortage of plates saw most of the brand new vehicles on the roads with paper signs. Four bids were submitted for the printing and supply…