The new National People's Power (NPP) government in Sri Lanka on Tuesday announced its first reversal of a key element in the ongoing IMF bailout programme concerning the loss-making state-owned ...

The new NPP government in Sri Lanka has reversed a major policy regarding the privatisation of state-owned enterprises, ...

Sri Lanka's new government has reversed a key IMF bailout reform concerning the privatization of the state-owned Ceylon ...

This was the second reform policy reversal indicated by the NPP government following the announcement not to privatise the national carrier Sri Lankan Airlines.

The Board of Directors of the Ceylon Electricity Board (CEB) has officially shelved its privatization plans, opting instead to prioritize comprehensive restructuring aimed at boosting efficiency and s ...

ECONOMYNEXT – Sri Lanka’s state-run Ceylon Electricity Board (CEB) under the new government led by President Anura Kumara Dissanayake has opted for reforms without privatizing the utility service ...

The Ceylon Electricity Board (CEB) said yesterday that reforms will continue though there will be no privatisation of the State utility. ..

The PSRS is looking at amendments, one of which would be to place full ownership of a proposed transmission company with the government (the law places state ownership at 51 percent). Another is to ...

Advocata Institute is calling for a competitive bidding process to end corrupt procurement practices at State Owned Enterprises (SOEs). ..

The government reversed the Electricity Act, approved in June this year under then-president Ranil Wickremesinghe's government ...

Buddhist temples, churches, mosques and Hindu temples across Sri Lanka are receiving 5 kW rooftop solar installations free of charge. The project, backed by a $17 million investment from the Indian ...

Sri Lanka's NPP government halts CEB privatisation, reversing IMF bailout terms. Delays in IMF review add to policy shift challenges.