AGP Executive Report
Last update: 7 hours agoPower Crisis: Sri Lanka’s grid failure has left the 900MW Norochcholai coal plant offline, prompting one-hour power cuts in four zones each evening for three days. Port Investment: China Merchants Port Holdings has withdrawn from a proposed $392 million Colombo Port logistics hub; the Ports Authority plans to seek a new partner through competitive bidding. Cost of Living: Poverty is projected at 15.8% in 2026, still about 37% above its 2019 level despite economic output recovering. Governance: The Anti-Corruption Amendment has become law, while the Bribery Commission arrested the private secretary to MP Namal Rajapaksa in an investigation linked to a safe found at his home. Wildlife: A presidential committee has 30 days to investigate tusker Kavanthissa’s death and recommend elephant-protection measures. Cricket: Sri Lanka lost its tri-series opener to Pakistan by 37 runs; both teams were also fined for slow over-rates. Health: The country’s first insulin plant, a Rs. 3 billion project in Galle, is expected to begin production in 2027.
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.
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