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AGP Executive Report

Last update: 12 hours ago

Economy & FX Pressure: SJB MP Harsha de Silva warns Sri Lanka’s dollar demand will rise as vehicle letters of credit hit the market, saying weak market confidence is driving importers to seek dollars early while exporters hold back; he also flags further fuel price hikes if subsidies are cut and warns removing export cess could hurt local producers. Public Finance Accountability: The AG’s Department told Parliament that the “Rebuilding Sri Lanka” fund set up after the Ditawah devastation has not been properly established or utilised, with donations sitting in a Treasury special account—raising audit and governance questions. Health Workforce: Health Ministry issues a gazette call for 3,000 additional student nurses, aiming to reach 13,600 new nurses by 2029. Health Capacity Gap: Apeksha Hospital says Sri Lanka has only four leukemia/BMT specialists for 15,000–18,000 annual cancer cases, urging urgent specialist expansion. Energy Transition: HayWind’s Mannar wind farm hit a milestone as the first 25MW turbines arrived at Trincomalee Port, with transport to Mannar expected over the next three months. Trade & Industry: EDB and NMRA launch a push to lift pharma exports, targeting USD 100m, while a separate report notes textile/garment exports remain a key industrial export driver. Sports (ODI): Sri Lanka took a 1-0 lead over West Indies, winning the first ODI by 41 runs at Sabina Park with Nissanka (79) and Mendis (72) leading 303/7. Regional Security: Sri Lanka confirms three workers were injured in the Kuwait airport attack and are hospitalised.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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6 hours ago

India lifts cotton import duty through October 2026

EIN Presswire

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Jun. 2, 2026

Time4sharing marks 26 years with global literacy push for children

EIN Presswire

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May 30, 2026

Leo Phillips releases Opus 2 for advanced violinists

EIN Presswire

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May 20, 2026

Conflicting child marriage laws leave South Asian girls exposed, Equality Now warns

EIN Presswire


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Left-wing
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Sri Lanka’s business problem is not just the economy, it is culture sitting on top of it

Sri Lanka’s business problem is not just the economy, it is culture sitting on top of it

Sri Lanka receives further IMF loan installments and demands for escalating austerity

Sri Lanka receives further IMF loan installments and demands for escalating austerity

Sri Lanka fire at illegal care home kills 12 residents

Sri Lanka fire at illegal care home kills 12 residents


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5 hours ago

SS Innovations Announces Completion of World’s Longest-Distance Robotic Telesurgery

GlobeNewswire, Inc.

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6 hours ago

The Big News: India Slashes Cotton Import Duty

EIN Presswire

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May 19, 2026

The Packaging Material Suppliers in Sri Lanka

EIN Presswire

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May 4, 2026

Sri Lanka, Maldives Ink Seven Pacts During Presidential Visit to Colombo

MENAFN

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May 7, 2026

urban-gro, Inc. (Nasdaq: UGRO) — Sri Lanka Cricket Confirms Lanka Premier League Season 6 Foreign Player Registration to Open 8 May 2026; Tournament to Be Played Across Four Venues in July–August 2026

GlobeNewswire, Inc.

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Apr. 23, 2026

urban-gro, Inc. (Nasdaq: UGRO) — Sri Lanka Cricket Confirms July 10 – August 5, 2026 and Four Venues for Lanka Premier League Season 6; Tournament Conducted in Partnership with UGRO Subsidiary IPG Group

GlobeNewswire, Inc.

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