The purpose of this article is to inform the Cabinet discussion on Solar Power proposed by the Ceylon Electricity Board (CEB) Net metering and the Prosumer The CEB has put forward a motion to the Sri Lankan Cabinet which proposes to reduce the unit price payable under the various net metering schemes to the “prosumer” (the owner of a solar …
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old prices extended their record run on Tuesday, hitting a record high buoyed by safe-haven demand as investors braced for U.S. President Donald Trump’s planned announcement on reciprocal tariffs. Spot gold was up 0.3% at $3,133.01 per ounce at 1147 GMT, after hitting an all-time high of $3,148.88 earlier in the day. U.S. gold futures were 0.4% higher at $3,161.60. …
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The land allocation for both the grassland and the paddy fields remains a contentious issue This article by Ishanka Singha Arachchi originally appeared on Groundviews, an award-winning citizen journalism website in Sri Lanka. An edited version is published below as part of a content-sharing agreement with Global Voices. Sri Lanka’s ruling left-wing political alliance National People’s Power (NPP) party outlined its vision for …
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President Expresses Confidence on the Country’s Prosperous Future We Will Not Miss This Opportunity Under Any Circumstance: Steps to be taken to Mark a Crucial Turning Point in the Nation’s Economy President Anura Kumara Disanayake stated that the National People’s Power (NPP) government has stabilized the economy over the past four months that has instilled confidence in the country’s ability …
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The Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe emphasized the importance of promoting a sustainable and cost-effective construction industry in the country, highlighting key challenges and opportunities in the sector. Speaking at ‘Construction Expo 2025’ on Friday (14), Dr. Weerasinghe underscored the need for Sri Lanka to align with global trends in sustainable construction, integrating …
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A meeting between President Anura Kumara Disanayake and officials of the Ministry of Industry and Entrepreneurship Development was held today (14) at the Presidential Secretariat. Discussions focused on enhancing the efficiency, integration and development of the manufacturing sector to strengthen the national economy, as well as addressing the challenges associated with these efforts.Key topics included government-led initial investments and proper …
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President says addressing the 26th Anniversary of the Chamber of Young Lankan Entrepreneurs (COYLE) A business environment has been created where investors can operate without having to pay any commissions Every rupee spent by the government is treated as a sacred duty and utilized responsibly By the end of the current administration, there will be no room for a destructive …
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The Sri Lanka Export Development Board (EDB) successfully organized a country pavilion at BioFach 2025, the world’s largest annual organic trade fair, recently in Nuremberg, Germany. Nine Sri Lankan export companies participated in the event, showcasing a diverse range of certified organic agricultural products, including food & beverages, spices, tea, coconut-based products, fruits & vegetables, and Protected Geographical Indication (PGI) …
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Lakshman Abeysekera, President/Director General of the National Enterprise Development Authority (NEDA). An insightful interview was conducted with Mr. Lakshman Abeysekera, the esteemed President/Director General of the National Enterprise Development Authority (NEDA). He is a highly experienced and accomplished professional with decades of expertise. A Chartered Accountant by profession, he has held various prominent roles in the private sector, including several …
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Mr. Lakshman Abeysekera, the esteemed President/Director General of the National Enterprise Development Authority (NEDA). Micro, small, and medium-scale enterprises (MSMEs) are crucial drivers of economic growth, serving as the backbone of Sri Lanka’s economy. These enterprises play a pivotal role in fostering job creation and innovation, contributing significantly to the nation’s overall development An insightful interview was conducted with Mr. …
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