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AGP Executive Report

Last update: an hour ago

Budget Watch: Sri Lanka’s Finance Ministry has started preparations for the 2027 Budget, aiming for economic growth above 7%, with priority on foreign investment, faster infrastructure and support for low-income livelihoods. Tax Cooperation: A revised India–Sri Lanka double taxation protocol has come into effect, tightening anti-avoidance rules including a principal purpose test to curb treaty shopping. Customs & Drugs: Sri Lanka Customs arrested a 23-year-old Malaysian at BIA after seizing about Rs. 90.8m worth of cocaine, and also nabbed an Angolan woman with Rs. 10m cocaine concealed in her body. Port Reality Check: Despite its strategic location, Sri Lanka still functions mainly as a transshipment hub, with delays and stalled projects like the East Container Terminal deal holding back a true maritime/logistics transformation. Health & Mosquito Control: Dengue remains a major concern, with reports of dengue deaths rising and thousands of cases linked to mosquito breeding sites. Cricket & LPL Integrity: Sri Lanka’s LPL faces fresh scrutiny after match-fixing allegations and arrests involving franchise owners, while SLC and rights holders say they will act against corruption. Education Push: President Anura Kumara Dissanayake said vocational education will get greater priority in the 2027 Budget, backed by increased funding and enrolment across training institutions.

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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Jun. 30, 2026

Cinnamon Sri Lanka resorts win multiple Tripadvisor Travelers’ Choice Awards 2026

AGP

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Jun. 30, 2026

Cinnamon Hotels & Resorts adds Island Rewards across nine Sri Lanka resorts

AGP

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Jun. 18, 2026

Habarana Village by Cinnamon marks 50 years in Sri Lanka's Cultural Triangle

AGP

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Jul. 17, 2026

SIGEP Asia and Restaurant Asia open in Singapore with AI push and global competitions

AGP


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Carrom Ball Fails: Sri Lankan Cricketer Ajantha Mendis' Identity Allegedly Stolen By Mahadev App Kingpin Saurabh Chandrakar To Enter Oman

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5 hours ago

International Students in Japan Hit Record High as Global Japanese Language Learning Surges

Merxwire

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Jun. 30, 2026

Sri Lanka Resorts sector of Cinnamon Hotels & Resorts Celebrates Multiple Tripadvisor Travelers' Choice Awards 2026

EIN Presswire

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Jun. 30, 2026

Cinnamon Hotels & Resorts Enhances Guest Rewards with Cinnamon DISCOVERY Island Rewards Across Sri Lanka Resorts

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Jun. 18, 2026

Habarana Village by Cinnamon Marks 50 Years of Hospitality in the Heart of Sri Lanka's Cultural Triangle

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May 19, 2026

The Packaging Material Suppliers in Sri Lanka

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SIGEP Asia 2026 and Restaurant Asia 2026 deepen their engagement with Asia's F&B, Foodservice and HoReCa ecosystem

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