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A Nation in the Dark? What the New Electricity Bill Means for Sri Lanka
Experts warn the 2025 bill rolls back progress as energy reform takes a political detour

ByEditor

By Ajith Perakum Jayasinghe Electricity reform in Sri Lanka is more than just a technical debate—it’s at the heart of whether families live with dignity, industries remain competitive, and students study without disruption. The country’s power sector, once envisioned for transformation, may now be at risk of another cycle of inefficiency and crisis. Opening Kathikawa’s…

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Sri Lanka Heads to U.S. for Crucial Second Round of Tariff Talks
Discussions on 27-28

ByEditor

Sri Lanka is gearing up for a critical second round of discussions with the United States over steep tariffs imposed on its exports. A high-level delegation led by Deputy Finance Minister Dr. Harshana Suriyapperuma left for Washington, D.C., today for talks scheduled on May 27–28 with the U.S. Trade Representative’s Office. The crisis began on…

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What’s Behind the World Bank’s Aid to Sri Lanka?
$1 Billion to Boost Jobs and Private Investment

ByEditor

The World Bank has pledged US$1 billion to support Sri Lanka’s economic recovery, focusing largely on private-sector-led investments that aim to create jobs and modernize key sectors such as energy, agriculture, tourism, and regional development. The funding package, to be delivered over three years, is expected to unlock significant private capital, especially in renewable energy…

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World Bank President to Visit Sri Lanka Amid Economic Recovery Efforts
first visit by a World Bank president to Sri Lanka

ByEditor

World Bank Group President Ajay Banga will visit Sri Lanka on Wednesday, May 7—the first visit by a World Bank president to the country in nearly two decades. The trip, made at the invitation of President Anura Kumara Dissanayake, comes as Sri Lanka navigates a challenging path toward economic recovery. Banga is expected to meet…

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China’s Mega Projects in Sri Lanka Face Delays
Amid Demands for More Concessions

ByEditor

Two major Chinese-backed projects in Sri Lanka — the Sinopec oil refinery in Hambantota and the Colombo Port development — have reportedly been delayed. According to sources, Sinopec has requested to increase the originally agreed local market supply quota of 20% for its oil products. The massive export-oriented refinery project, which involves an investment of…

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Choose Light with Meaning: Buy Locally Made Vesak Decorations and Brighten a Family’s Life

ByEditor

This Vesak season, Daily Reporter, Impactus and the Right to Life Human Rights Centre are calling on all Sri Lankans to make a small but powerful choice: buy locally made Vesak decorations and help a struggling family earn a living. In recent years, Chinese-made lanterns and LED lights have flooded the Sri Lankan market. They…

75% of Imported vehicles sold amid high demand, says Sri Lanka vehicle importers association
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75% of Imported vehicles sold amid high demand, says Sri Lanka vehicle importers association

ByEditor

The Vehicle Importers’ Association of Sri Lanka has said that nearly 75% of the imported stock of 7000 cars has already been sold. Speaking to the media, the association’s President Prasad Manage refuted media reports suggesting a decline in imported vehicle sales, and said that vehicle imports had resumed steadily. He noted that demand is…

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Hero Launched New Bikes, Scooters In Sri Lanka With 500 Touchpoints

ByEditor

World’s largest motorcycle manufacturer, Hero MotoCorp, has been India’s largest 2W manufacturer for a long time. The company also has a robust international business across multiple continents. Expanding its presence in South Asia, Hero has strengthened its presence in Sri Lanka with the launch of new bikes and scooters. Hero Launched New Bikes Bolstering its…

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Vehicle Imports Resume to Sri Lanka
1,560 Used Cars Arrive

ByEditor

Vehicle imports to Sri Lanka have resumed following the lifting of the import ban on February 1, but high taxes continue to limit sales, market sources say. New vehicle importers are currently processing orders, and it typically takes about four to six months for a new vehicle to arrive. Importers are required to register imported…