By Dr Erandathie Pathiraja Sri Lanka’s energy insecurity is structural, rooted in climate‑volatile hydropower, fossil fuel dependence, and an ageing grid. Solar adoption has grown quickly, but grid saturation and high storage costs limit further gains. Low‑cost policy fixes such as storage support, shared microgrids, daytime use incentives, and smart meters can strengthen resilience in…
DFCC Bank has entered into a partnership with AlfaNow in Dubai, expanding its remittance network across the Middle East and improving how Sri Lankans overseas send money home. The collaboration strengthens one of Sri Lanka’s most important financial lifelines. For many families, remittances are not just transactions, but a regular flow that supports daily expenses,…
A discussion between President Anura Kumara Dissanayake and officials the Department of Inland Revenue was held Yesterday afternoon (27) at the Presidential Secretariat. During the meeting, attention was focused on programmes aimed at enhancing the capacity of the Inland Revenue Department, including broadening tax revenue, maximising tax compliance and recovering outstanding tax arrears. The progress…
At a recent ceremony held at the Shangri-La Colombo, the Event Management Association (EMA) of Sri Lanka unveiled the official Sri Lanka Event Calendar. Developed by the Event Management Advisory Committee under the guidance of the Ministry of Industry and Entrepreneurship Development, the calendar is a centralized digital platform designed to serve as the definitive…
Deputy Minister Prof. Ruwan Ranasinghe on a Successful Official Visit to China Hon. Prof. Ruwan Ranasinghe, Deputy Minister of Foreign Affairs, Foreign Employment & Tourism of the Democratic Socialist Republic of Sri Lanka, successfully concluded an official visit to Sichuan Tourism College, China, on April 23, 2026. The visit marked a significant milestone in advancing…
In a significant move to bolster its renewable energy portfolio, WindForce PLC has officially entered into a loan agreement with the International Finance Corporation (IFC), a member of the World Bank Group. The facility, totaling an aggregate amount of up to the LKR equivalent of USD 18 million, was approved by the company’s Board of Directors…
Guest Column by Dr. Beshan Kulapala, Co-Founder, Director & CEO of Volt Charge Sri Lanka Real-world charging data shows that EVs contribute far less to peak electricity demand than commonly assumed Even under higher simultaneous charging scenarios, EV-related demand remains within manageable levels With the right systems in place, EVs can support grid stability by…
Emirates’ flagship A380, long celebrated as one of aviation’s most iconic aircraft, is set to reach new heights as the first installation of next-generation Starlink Wi-Fi onboard has just been completed. The Emirates A380 was one of the first commercial aircraft in the world to offer internet to its customers, with first generation systems offering…
Today (27) marks the final day of trading for securities of Browns Beach Hotels PLC (BBH) on the Colombo Stock Exchange (CSE), ahead of the company’s formal delisting. In terms of Section 14.1.3 of the CSE Listing Rules, trading in the company’s shares will be suspended with effect from tomorrow (28). The decision to delist…
Sri Lanka’s apparel exports fell 8% in the first quarter of 2026 compared to last year, but the data is revealing specific opportunities where targeted policy action could turn things around. January’s 3% decline deepened to 11% in both February and March. While global demand has softened, the late February escalation of Middle East tensions…
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