AGP Executive Report
Last update: 10 hours agoAnti-Corruption: CIABOC has arrested former Navy Commander Admiral of the Fleet Wasantha Karannagoda over allegations tied to the recruitment of Yoshitha Rajapaksa to the Sri Lanka Navy, including claims that recruitment qualifications were altered and public funds used for training in the UK. Investment & Trade: Sri Lanka is still undecided on a proposed US$3.7bn Sinopec investment in a Hambantota oil refinery, with talks stuck on terms and conditions despite the MoU being signed in Jan 2025. Health & Safety: Health data says 70% of accident outpatient cases involve animal bites, while Police warn pedestrians using headphones on roads face future legal action. Public Services Digital Push: Colombo District Divisional Secretariats now accept card payments for services, cutting cash reliance and speeding transactions. Food Policy: Sri Lanka tightened sugar colour-labelling for liquid foods, lowering the red threshold to over 8g per 100ml and updating amber/green ranges. Economy & Markets: World Bank reclassified Sri Lanka as upper-middle income, alongside a US$150m package for reforms; meanwhile bond yields eased as big-ticket buyers stayed active. Tourism & Wellness: Sri Lanka was named the world’s top trending wellness destination for 2026 and also ranked best island destination by Big 7 Travel. Sports: West Indies’ Kemar Roach took his 300th Test wicket as they beat Sri Lanka in Antigua, setting up the next Test.
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