Sri Lanka Original Narrative Summary: 27/10

  1. President Anura Kumara Dissanayake announces the government plans to hold Provincial Council and Local Government elections next year: emphasises the need for a comprehensive political mechanism, including the Presidency, Cabinet, Parliament, Provincial Councils, and Local Government bodies, to effectively govern and revitalise the country.
  2. Samagi Jana Balawegaya (SJB) Leader and General Election candidate Sajith Premadasa vows that the taxes faced by the people of Sri Lanka will be reduced if his party is granted Parliamentary majority in the upcoming Parliamentary Election: stresses that only the SJB has the proper programme formulated for the development of the country.
  3. Chanu Nimesha, Secretary of Women’s Affairs for the Sri Lanka Socialist Party, makes history by becoming the first transgender person to contest an election in Sri Lanka: She will be representing the Kegalle District: expresses gratitude to the party for this groundbreaking opportunity, marking a significant step toward inclusion and representation in Sri Lankan politics.
  4. The National People’s Power (NPP), led by President Anura Kumara Dissanayake, wins the Elpitiya Local Council election with 17,295 votes, securing 15 seats: Samagi Jana Balawegaya followed with 7,924 votes and 6 seats, while Sri Lanka Podujana Peramuna gained 3,597 votes for 3 seats: People’s Alliance also won 2 seats with 2,612 votes.
  5. The Ceylon Electricity Board (CEB) has proposed a 6% electricity tariff increase for December, currently under review by the Public Utilities Commission of Sri Lanka (PUCSL): This marks the third adjustment this year, following a 21.9% increase in March and a 22.5% reduction in July: Public consultations will precede the final decision, with potential feedback due Monday.
  6. The Central Bank reports Sri Lanka’s worker remittances rose significantly in September 2024, with US$ 555.6 million received compared to US$ 482.4 million in September 2023: Total remittances from January to September 2024 reached US$ 4,843.8 million, reflecting an 11.5% increase over the same period in 2023.
  7. McDonald’s Corporation and International Restaurant Systems (Pvt) Ltd mutually end their franchise partnership in Sri Lanka through an amicable legal settlement: thank the public for their support and urged people to ignore past media speculation about their relationship.
  8. Australian High Commissioner Paul Stephens clarifies that Australia’s updated travel advisory for Sri Lanka is based solely on credible risk assessments, not political or commercial factors: Issued alongside advisories from the US, UK, Canada, New Zealand, and Japan, the update aims to help Australians make informed travel decisions without discouraging tourism, acknowledging potential impacts on both foreigners and Sri Lankans.
  9. The Human Rights Commission (HRC) will decide on October 30 regarding the alleged leak of Grade 5 Scholarship Exam questions: HRC Commissioner Nimal Punchihewa stated that the Commission has received the CID’s investigation report and complaints from parents and others, prompting the HRC to launch its own investigation into the matter.
  10. Sri Lanka defeat Hong Kong 71-47 in the first semifinal of the 13th Asian Netball Championships 2024, securing their place in the final: The tournament is taking place at the Koramangala Indoor Stadium in Bengaluru, India.

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President Orders Faster Development of Katunayake Airport and Domestic Airports

President Anura Kumara Dissanayake has directed officials to accelerate ongoing projects to increase passenger-handling capacity and improve facilities at Katunayake International Airport, while also advancing the development of domestic airports across the country to meet future aviation demands. The directive was issued during a discussion on the 2027 Budget proposals for the Ministry of Ports and Civil Aviation held at the Presidential Secretariat. During the meeting, the President reviewed the progress of development projects at Katunayake Airport and stressed the importance of completing them without delay. He also highlighted the need to expand supporting infrastructure, including road networks surrounding the airport, to improve accessibility and accommodate growing passenger traffic. Improving convenience and facilities for air travellers at both Katunayake International Airport and regional airports was another key focus of the discussion. The meeting was attended by Minister of Ports and Civil Aviation and Minister of Energy Anura Karunathilaka, Minister of Labour and Deputy Minister of Finance and Planning Dr. Anil Jayantha Fernando, and Deputy Minister of Ports and Civil Aviation Janith Ruwan Kodituwakku. Other participants included Chief of Staff to the President Prabath Chandrakeerthi, Senior Additional Secretary to the President and Secretary to the Ministry of Energy Russell Aponso, Secretary to the Ministry of Finance, Planning and Economic Development Dr. Harshana Suriyapperuma, and Secretary to the Ministry of Ports and Civil Aviation W. W. S. Mangala. Deputy Secretary to the Treasury A. K. Seneviratne, Director General of the Department of National Budget Jude Nilukshan, and other officials from the relevant institutions and the Ministry of Finance also attended the discussion.

Sri Lanka Steps Up UK Investment Drive Ahead of EXPO 2027

Sri Lanka has intensified efforts to attract British investment and expand export opportunities through a series of business engagements in London and Dover ahead of Sri Lanka EXPO 2027, scheduled to be held in Colombo from January 14 to 17. Organised by the Sri Lankan High Commission in London, the programme brought together British investors, business leaders and representatives of key trade organisations to explore opportunities for stronger commercial ties between the two countries. The main event, the UK–Sri Lanka Trade and Investment Forum, was held at the High Commission and attracted more than 130 participants. A high-level Sri Lankan delegation led by Minister of Trade, Commerce, Food Security and Cooperative Development Wasantha Samarasinghe attended the forum. Addressing the gathering, Samarasinghe invited British businesses to explore Sri Lanka’s export potential and investment opportunities, highlighting the benefits available under the United Kingdom’s Developing Countries Trading Scheme (DCTS). Sri Lankan High Commissioner to the UK Nimal Senadheera emphasised the importance of strengthening bilateral trade and investment relations, while promoting EXPO 2027 as a platform for establishing new business partnerships. Export Development Board Chairman and Chief Executive Officer Mangala Wijesinghe presented an overview of Sri Lanka EXPO 2027, outlining opportunities for international buyers and investors. Participants discussed potential avenues for sourcing Sri Lankan products, expanding commercial links with UK buyers and attracting foreign investment. Representatives from Marks & Spencer, the Board of Investment of Sri Lanka, the Ministry of Industries and Entrepreneurship Development and the private sector also took part in the discussions. Investment prospects in Port City Colombo, real estate and other sectors were among the opportunities highlighted during the programme. The Sri Lankan delegation also met representatives of the UK–Sri Lanka Chamber of Commerce to discuss ways to strengthen business cooperation and encourage greater British participation in EXPO 2027. In addition, the delegation held discussions with Commonwealth Enterprise and Investment Council Chief Executive Samantha Cohen on connecting Sri Lankan businesses with international investors through Commonwealth business networks. The programme concluded with a business networking event in Dover, jointly organised with RS Rock Holdings, which attracted more than 30 UK business representatives, including potential investors. According to the Sri Lankan High Commission, the engagements were aimed at building stronger commercial partnerships and encouraging British buyers, investors and business representatives to visit Colombo for EXPO 2027. The High Commission expressed confidence that the exhibition would create further opportunities to expand trade, attract investment and strengthen economic cooperation between Sri Lanka and the United Kingdom.