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Gayan Chandrasekara

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Indexed articles, last 90 days
6
Latest publication
Sep 7, 2026
Outlet visibility, for Lankabusinessonline
Top 5M sites
Earliest in this view
Sep 7, 2026

Latest articles

  1. Article · Sep 7, 2026 · Author Gayan Chandrasekara

    PUCSL Excludes Coal Quality Costs from Tariff Revisions – Lanka Business Online (opens the original)

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    The Public Utilities Commission of Sri Lanka (PUCSL) has announced that additional costs arising from coal quality will not be factored into future electricity tariff revisions. In its latest decision, the Commission emphasized that only reasonable costs directly related to the generation, transmission, and distribution of electricity will be considered when revising tariffs. PUCSL clarified that in the previous tariff revision, expenses attributed to coal quality or other non-essential costs we

  2. Article · Sep 7, 2026 · Author Gayan Chandrasekara

    Cabinet Approves US$ 100 Mn World Bank Facility for Northern and Eastern Development – Lanka Business Online (opens the original)

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    The Cabinet of Ministers has approved a proposal submitted by the President, in his capacity as the Minister of Finance, Planning and Economic Development, to enter into financial agreements with the World Bank Group’s International Development Association to obtain a US$ 100 million loan facility. This allocation forms part of a broader US$ 1,000 million financial package earmarked by the International Development Corporation for Sri Lanka over the 2026–2031 period. Following initial Cabinet ap

  3. Article · Sep 7, 2026 · Author Gayan Chandrasekara

    Port City Expansion: Regulations for 68 Strategic Businesses Head to Parliament – Lanka Business Online (opens the original)

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    The Cabinet of Ministers has approved a proposal presented by the President, in his capacity as the Minister of Finance, Planning, and Economic Development, to present to Parliament the regulations issued under the Colombo Port City Economic Commission Act, No. 11 of 2021. The cabinet decision, dated August 31, 2026, remains subject to confirmation at the next meeting. The regulations stem from an earlier Cabinet approval granted on March 30, 2026, which authorized the designation of 68 business

  4. Article · Sep 7, 2026 · Author Gayan Chandrasekara

    IMF Team to Visit Sri Lanka next week for EFF Seventh Review and Article IV Consultation – Lanka Business Online (opens the original)

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    International Monetary Fund (IMF) Mission Chief for Sri Lanka, Evan Papageorgiou, announced on September 3, 2026, that an IMF staff team will visit Sri Lanka from September 10 to 23, 2026. During the visit, the team will hold discussions with Sri Lankan authorities regarding the combined Seventh Review of the country’s reform program supported by the Extended Fund Facility (EFF), alongside the 2026 Article IV Consultation. The IMF mission will share its findings at the conclusion of the visit.

  5. Article · Sep 7, 2026 · Author Gayan Chandrasekara

    Government Expedites House Arrest Legislation to Address Prison Overcrowding – Lanka Business Online (opens the original)

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    At its meeting on August 3, 2026, the Cabinet approved a proposal submitted by the Minister of Justice and National Integration to instruct the Legal Draftsman to promptly finalize a draft bill introducing house arrest as an alternative to remand and imprisonment. The initiative follows a comprehensive review of earlier drafts—initially sanctioned under a June 23, 2025 Cabinet decision—which helped identify key provisions needed to establish legal frameworks for detaining eligible suspects and o

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