Why Was Sri Lanka’s CEB Split Into Six Companies? The Major Power Sector Reform Explained

Why Was Sri Lanka’s CEB Split Into Six Companies? The Major Power Sector Reform Explained

Sri Lanka’s Ceylon Electricity Board (CEB) has officially been split into six new state-owned companies, marking the biggest structural reform in the country’s power sector in decades. At midnight on March 8, 2026, the institution that had controlled Sri Lanka’s electricity supply for 56 years was formally dissolved through an extraordinary gazette. Established under the […]

Sri Lanka Fuel Prices Surge Again in March 2026 – Middle East Conflict Drives Fresh Hike

Sri Lanka Fuel Prices Surge Again in March 2026 – Middle East Conflict Drives Fresh Hike

Sri Lanka Fuel Prices Surge | The Ceylon Petroleum Corporation (Ceypetco) has announced another round of fuel price increases, effective from midnight on March 9, 2026, citing rising global crude oil costs triggered by escalating conflict in the Middle East. This revision comes just days after the government assured the public of adequate fuel stocks […]

Is Sri Lanka Ready for the Next Global Economic Shock?

Is Sri Lanka Ready for the Next Global Economic Shock?

Sri Lanka has built meaningful buffers to handle external pressures, according to Central Bank Governor Dr. P. Nandalal Weerasinghe. In a Bloomberg interview on 7 March 2026, the Governor explained that the country is now in a stronger position than in recent years to absorb global uncertainties. With inflation at a comfortable 1.6% and foreign […]

Sri Lanka Inflation Slows to 1.6% in February 2026: Mixed Impact on Households

Sri Lanka Inflation Slows to 1.6% in February 2026: Mixed Impact on Households

Sri Lanka recorded a further slowdown in headline inflation in February 2026. The Colombo Consumer Price Index (CCPI, base 2021=100) stood at 195.3, reflecting a year-on-year increase of 1.6%, down from 2.3% in January. This is the lowest headline inflation rate observed in recent months and remains well below the Central Bank’s 5% target under […]

Maternity Benefits in Sri Lanka: Legal Framework, Sectoral Differences, and Support Systems in 2026

Maternity Benefits in Sri Lanka: Legal Framework, Sectoral Differences, and Support Systems in 2026

Sri Lanka operates a dual-track maternity protection system that distinguishes between formal private-sector employment categories while providing universal health and nutritional support to all mothers. As of February 2026, the statutory framework has remained stable since the significant reforms introduced in 2018. No new amendments to core maternity leave entitlements have been enacted. The two […]