Sri Lanka pins hopes on Trinco oil tanks as long term solution for fuel shortage
Mar 21 (EN) Sri Lanka hopes the renovation of the oil tank farm in the island nation’s Eastern port district of Trincomalee, with an India, UAE, SL tri-partite agreement, could be a long-term solution for the fuel shortage. The Trincomalee Oil Tank Farm, also known as the China Bay Tank Farm, is a massive World War II-era strategic asset consisting of 99 serviceable tanks with a total storage capacity of nearly one million metric tonnes.
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Over 650,000 users registered for QR fuel code: Minister
Mar 21 (DN) Minister Bimal Ratnayake told Parliament that 650,000 users were registered yesterday after a new feature has been added to the re-implemented National Fuel Pass system to address the difficulties faced by the public earlier when trying to obtain the QR code of a previously registered vehicle. By 12 noon yesterday, 593 private buses had obtained fuel from 103 SLTB bus depots around the country. Only a few Govt vehicles have not been registered with QR code.
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SriLankan Airlines’ bond exchange clears with 97% approval
Mar 21 (DM) Sri Lanka has moved a step closer to closing a critical chapter in its external debt restructuring, with the national carrier securing near-unanimous creditor backing for its long-delayed bond workout, in a deal that signals both fiscal discipline and renewed investor alignment. SriLankan Airlines and the govt yesterday announced the successful completion of the consent solicitation, exchange and tender offer tied to the airline’s US$ 175 m govt-guaranteed bonds
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Prez says Govt to revise fuel pricing, taxes urgently as ME crisis disrupts energy supply
Mar 21 (FT) President Anura Kumara Dissanayake yesterday told Parliament that the Govt will move quickly to revise fuel pricing, review taxation and expand procurement measures to manage the impact of the Middle East crisis, warning that delays could affect supply. “We must carefully assess how it may impact us and respond accordingly,” he said, describing the situation as an external shock affecting both energy supply
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Over 200 vehicles reduced from Presidential Secretariat pool: PM
Mar 21 (DN) PM Harini Amarasuriya informed Parliament that 833 official vehicles were available in the Presidential Secretariat vehicle pool during the tenure of the Eighth Executive Prez and that more than 200 of those vehicles have been reduced from the pool since Anura Kumara Dissanayake was sworn in as Prez as promised by the NPP Govt. PM said that the reduction of the excessive official vehicles that were used by the previous administration and its Prez has been
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Microfinance and Credit Regulatory Authority Bill becomes law
Mar 21 (FT) Parliament Speaker Dr. Jagath Wickramaratne yesterday endorsed the certificate on the Microfinance and Credit Regulatory Authority Bill, which was recently passed in Parliament. The Microfinance and Credit Regulatory Authority Act provides for the establishment of a new regulatory authority to introduce a strong legal framework for regulating and supervising money lending and microfinance businesses in Sri Lanka. The objective of this authority is to regulate
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දෙරණ අරුණ
Court of Appeal rejects Navy security claim on GR voyage; upholds RTI supremacy
Mar 21 (FT) The Court of Appeal has ruled that the RTI Act prevails over the Official Secrets Act, while holding that national security cannot be used as a blanket ground to deny access to information, in a judgment delivered on 19 March 2026. The case arose from a Sept 2022 RTI request seeking eight details from the SL Navy regarding former Prez Gotabaya Rajapaksa’s departure aboard a naval vessel during the July 2022 crisis. Request included confirmation of the travel,
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16 years of unpaid EPF benefits and gratuity payments of JEDB workers will finally be...
Mar 21 (Island) The Kandy South Labour Office has launched a special programme to commence the payment of Employees’ Provident Fund (EPF) contributions and gratuity payments which have remained unpaid since 2010 to the estate labour community of the Janatha Estates Development Board (JEDB) in the Kandy District. Due to various reasons, the relevant company had failed to pay these entitlements to estate workers, country-wide. As the govt has allocated Rs. 2000 million,
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Vehicle imports seen cooling off: JB Securities
Mar 21 (FT) Vehicle import momentum is beginning to moderate after a sharp surge following the reopening of the market, with January data already pointing to a slowdown and February registrations falling by 3,683 units, suggesting further easing. Total vehicle imports declined to $ 236.4 million in Jan 2026 from a record $ 311.1 million in Dec, with a sharper correction in personal vehicle imports, which fell from
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Abduction case shocks Batticaloa: Woman rescued, another dead
Mar 21 (NW) A 26-year-old woman was rescued in critical condition after being abducted, assaulted and thrown into a well in the Nellikkadu area, while another woman’s body was discovered in the same well. Residents in the area alerted authorities after hearing cries for help from the well and found the woman struggling in the water. She was rescued with the assistance of police and admitted to the Batticaloa Teaching Hospital for treatment. Police identified victim as Murugamoorthy Ranuja,
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Sri Lanka at risk of becoming global wildlife trafficking hub: YZA
Mar 21 (SO) Environmentalists are warning that Sri Lanka is facing a growing environmental threat as the illegal wildlife and pet trade expands. They caution that without stronger enforcement, tighter regulation and greater public awareness, the island could become a hub for global wildlife trafficking. The concern was highlighted at a recent media briefing organised by the Sri Lanka Young Zoologists’ Association (YZA) in Colombo. YZA President Diluksha Soysa said
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Middle East War: Day 21
IMF flags Middle East risks; to assess impact, support for Sri Lanka
Mar 21 (FT) IMF has flagged SL’s significant exposure to the Middle East conflict and said it will assess the potential economic impact and how best to support the country during its upcoming mission, as authorities seek to complete a combined Fifth and Sixth Review under the EFF program. An IMF staff team is scheduled to visit SL from 26 Mar to 9 Apr to hold discussions with authorities on economic policies, with the external shock from the Middle East crisis expected to weigh on
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SL’s construction sector urged to embrace C2C certification for sustainable growth
Mar 21 (DM) Adopting the globally recognised Cradle to Cradle (C2C)-certified standard can help the local companies remain competitive in an increasingly sustainability-focused global market, Cradle to Cradle Products Innovation Institute Director Built Environment Ren DeCherney said. According to her, a majority of industry stakeholders already consider circularity an important part of the design process and third-party verified certifications like the C2C-certified standard can support
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A chunk of airport revenue evaporates from cancelled flights
Mar 21 (ST) Shutdown of airspace across parts of West Asia due to the war has significantly disrupted SL’s aviation sector, with experts warning of sharp declines in flights, revenues, and tourist arrivals. Industry officials say the ripple effects are being felt across the board, from higher insurance premiums and rising fuel costs to reduced aircraft movements and the loss of overflying fees paid to SL for air traffic services.
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Dambulu Oya reservoir’s floating solar panel project on hold, says Mahaweli Authority
Mar 21 (ST) The Sri Lanka Mahaweli Authority’s Board of Directors has decided to temporarily suspend permission granted to a private company to instal floating solar panels on the Dambulu Oya reservoir in Ibbankatuwa. The project, which planned to cover 18 acres of the water surface, is on hold until the progress of pilot projects at Kiriibban wewa in Monaragala and Chandrika wewa in Ratnapura are reviewed, the authority’s director Nalinda Thilakaratne said.
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Tender called to purchase 200 new luxury buses for SLTB
Mar 21 (NW) The Ministry of Transport, Highways and Urban Development has officially called for tenders to supply 200 new luxury diesel buses to the Sri Lanka Transport Board (SLTB), aimed at strengthening expressway and long‑distance bus services. According to Deputy Minister of Transport Prasanna Guansena, the project seeks to modernize public transport and provide passengers with a more comfortable and high‑quality service, while raising national transport standards.
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Mar 21 (FT) Former CB Deputy Governor Dr. W.A. Wijewardena has warned that SL is entering a more vulnerable phase where Govt debt sustainability, interest rate dynamics and growth prospects are increasingly exposed to external shocks, particularly from the ongoing Middle East conflict. He said SL’s fiscal and external financing model remains heavily dependent on continuous borrowing and refinancing, making it sensitive to shifts in
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Paw-Sperity Xtravaganza: A day out for whole family on 29 March
Mar 21 (FT) The Paw-Sperity Xtravaganza, to be held on 29 March at the Cinnamon Grand, in aid of Rescue Animals SL (RAS), promises to be a day filled with fun, good food, shopping and entertainment, one that ushers in Avurudu Cheer as well as Easter Joy. This year Browns Veterinary Pharmaceuticals have come on board to partner with RAS, while a Kiddies play area, run by the ABC Group of Schools with both indoor handicrafts and an outdoor play area, will keep your little ones
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CSE declines 4.85% during week
Mar 21 (FT) Colombo stock market ended on the up yesterday, but was still lower than the previous week’s close as the economic fallout from the Middle East crisis continues to weigh on sentiment. During the week, the benchmark ASPI fell 4.85% or 1,052.82 points while the active S&P SL20 index declined 5.46% or 332.46 points. Since the Middle East conflict erupted on 28 Feb, CSE has lost about Rs. 1.06 trillion in value. Yesterday, ASPI ended on up 375.72 (1.85%) at 20,639.73
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බලශක්ති අර්බුදයේ සැබෑ තත්ත්වය
Battle of the Saints: Shavidu leads Peterite recovery
Mar 21 (DN) St. Peter’s College closed day two on 248 for 7, still trailing St. Joseph’s College’s first innings total of 352 for 8 declared, in the 92nd Battle of the Saints at the SSC Grounds yesterday. The day unquestionably belonged to Peterite all-rounder Shavidu Silva, who produced a superb performance with both bat and ball. The off-spinner was instrumental in restricting the Josephians, claiming an impressive 5 for 95 in a demanding 31-over spell. He then followed it up with
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Lovers’ Quarrel: Mabarana, Pehesara steady Mahinda after Rajapakshe five-for
Mar 21 (Island) Mahinda College fought back strongly to reach 90 for two wickets at stumps in reply to Richmond College’s 315 on day two of the Lovers’ Quarrel Big Match at the Galle on Friday. In a similar pattern to their arch rivals’ start, Mahinda suffered an early setback, losing two quick wickets in the opening phase of their innings. However, the third-wicket pair of Randula Mabarana and Dineth Pehesara restored stability with a composed stand, ensuring the team closed the day
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Greek Bond Case: Cabraal to face possible new indictments
Mar 21 (SO) On Dec 10, 2025, former Central Bank Governor Ajith Nivard Cabraal emerged from the Colombo High Court a free man, cleared in the case widely known as the 2012 Greek Bond scandal. Yet, his freedom came with a caveat: a Rs. 1.84 billion fine that remains unresolved. Cabraal had been indicted by the CIABOC for allegedly causing a massive loss to the Govt of SL through controversial purchase
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From tea to trees: Why Sri Lanka’s plantation sector must embrace nature
Mar 21 (SO) For more than a century, Sri Lanka’s plantation sector has shaped the country’s landscapes, economy, and international identity. From the mist-covered tea estates of the central highlands to the rubber-growing regions of the wet zone, plantations have long been symbols of productivity and export success. Generations of Sri Lankans have depended on these landscapes for livelihoods, and the world has come to associate them with the country’s heritage.
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Vijay’s TVK Party faces Tamil Nadu elections alone
Mar 21 (DM) Elections to the Legislature of the South Indian State of Tamil Nadu has been announced by the Election Commission of India. Tamil Nadu will go to the polls on April 23 to elect 234 members to it’s Legislative assembly. Counting of votes would commence on May 4. Tamil Nadu voters number approximately 5.67 crore. Of these 2.77 crore are males and 2.89 crore are female. There are 7,617 transgender voters. India is our closest neighbour and within India,
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ඩීල් එක වැරදුණු කපිල
A Govt drifting as crisis tightens grip
Mar 21 (TM) Energy politics is nothing new to Sri Lanka. In 1971, when the India-Pakistan war broke out, an oil-tanker with a full capacity of refined petroleum got stuck in the Indian Ocean in close proximity to SL. As the ship could not enter Indian, West Pakistani or East Pakistani ports, the Singaporean oil company that owned the shipment offered it to Sri Lanka at a highly subsidised price. The Cabinet of Ministers of PM Sirimavo Bandaranaike’s Govt discussed this offer, but
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Lost opportunities and cost of mistakes
Mar 21 (FT) SL today is not merely facing a crisis—it is confronting the cumulative cost of missed opportunities and flawed judgments over time. What we are witnessing is not an isolated downturn, but the gradual consequence of decisions taken without sufficient foresight, depth, and strategic clarity. The present condition of the country, therefore, must be understood not simply as a moment of difficulty, but as the outcome of a pattern—one where opportunities were overlooked, undervalued
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Goodbye CEB, hello EGL and new power structure
Mar 21 (SO) For thousands of Sri Lankan families, the Ceylon Electricity Board (CEB) was more than a workplace. It was where careers were built, homes were paid for and lives were shaped. “I joined the CEB as a young technician,” recalled one long-serving CEB employee who asked not to be named. “My children grew up with this job. The house we live in today, their education, everything came through the CEB.
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Trump’s Iranian Wild West adventure could end in nuclear disaster
Mar 21 (DM) American Wild West, brings to mind of jeans clad cowboys shooting from the hip and gun-toting white Americans on horseback hunting down Native Americans armed with bows and arrows. It paints pictures of horse-drawn wagons filled with white colonists heading west to violently capture/takeover so-called uninhabited lands traditionally owned by native populations. One is put in mind of the setting up of border towns where violent gunfights decided who or what was
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Pursuing justice for the Easter Sunday attacks
Mar 21 (GV) The trial has begun in the case presently termed as the main case into the 2019 Easter Sunday attacks at a High Court Trial at Bar in Colombo. Several victims testified to the attack and about loss of lives and injuries. This is a good time to reflect on court cases and related matters in relation to seeking justice for 2019 Easter Sunday bombings just under seven years after the attacks. The targets included two Catholic churches in the Archdiocese of Colombo, Zion church in Eastern province
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Fuel price hike: Fuel hikes drive up living costs across transport, households
Mar 21 (TM) Sri Lankans usually await fuel price changes on the last day of each month, as it has become a new normal. However, on Tuesday (10), an unannounced price hike of about 8% was observed despite assurances that adequate stocks were available, leading to public criticism and displeasure. As a result of this recent revision, the rising cost of living has created a knock-on effect across multiple industries.
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Expect the unexpected
Mar 21 (DM) Following the Govt’s announcement last week that Wednesday would be a holiday in order to reduce fuel consumption in the country in the face of escalating conflicts in the Middle East, certain health sector trade unions had demanded a holiday allowance for their members as they are not entitled to that holiday. Rationale behind this demand is not that they are going to lose anything due to the Govt’s decision, but that employees of other sectors are enjoying this holiday while they are not.
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More shocks in the pipeline
Mar 21 (Island) Trouble is said to come in threes. For Sri Lankans, it seems to come in multiples of three. Close on the heels of crippling fuel price hikes, speculation is rife that electricity tariff increases are on the cards. The govt is said to be contemplating another round of fuel price hikes as well. JVP/NPP talked the talk in the run-up to the 2024 elections, but it is now unable to walk the walk. In fact, the sobering economic reality has compelled it to do the very antithesis of
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