The new NPP government in Sri Lanka has reversed a major policy regarding the privatisation of state-owned enterprises, ...

The new National People's Power (NPP) government in Sri Lanka on Tuesday announced its first reversal of a key element in the ...

This was the second reform policy reversal indicated by the NPP government following the announcement not to privatise the national carrier Sri Lankan Airlines.

Sri Lanka's new government has reversed a key IMF bailout reform concerning the privatization of the state-owned Ceylon ...

The Board of Directors of the Ceylon Electricity Board (CEB) has officially shelved its privatization plans, opting instead to prioritize comprehensive restructuring aimed at boosting efficiency and s ...

The PSRS is looking at amendments, one of which would be to place full ownership of a proposed transmission company with the government (the law places state ownership at 51 percent). Another is to ...

ECONOMYNEXT – Sri Lanka’s state-run Ceylon Electricity Board (CEB) under the new government led by President Anura Kumara Dissanayake has opted for reforms without privatizing the utility service ...

The Court of Appeal today upheld the four-year rigorous imprisonment sentence imposed by the Colombo High Court on former ...

The Ceylon Electricity Board (CEB) said yesterday that reforms will continue though there will be no privatisation of the State utility. ..

The report on the 500 MW project, to be jointly implemented by Power Grid Corporation of India Ltd and Ceylon Electricity Board, has been already sent to the island nation. It will only be the ...

The government reversed the Electricity Act, approved in June this year under then-president Ranil Wickremesinghe's government ...

Sri Lanka's NPP government halts CEB privatisation, reversing IMF bailout terms. Delays in IMF review add to policy shift challenges.