AGP Executive Report
Last update: 10 hours agoDigital Exports Push: Sri Lanka is lining up policy changes to back a $5b digital exports target by 2030, including a planned “Fund of Funds” for venture capital, venture capital tax tweaks, capital mobility reforms, and procurement changes to open more government contracts to local tech firms. Public Sector Reform: A new Commission on Public Sector Salaries and Pensions has started work in Colombo, tasked with fixing salary anomalies and pension problems and recommending reforms to modernise the public service with tech and global best practice. Transport Upgrade: Metro bus service is set to expand from 2 to 7 routes from September, with plans to grow the fleet to 122 buses by September 2026 and 272 by end-2027. EV Market Entry: Softlogic Automobiles has become the authorised distributor for India’s Greaves Ampere electric two-wheelers, with models due to be unveiled at Autovision Colombo Motorshow 2026 and sales starting in August. Construction Costs Watch: A new read on the sector says construction costs may now be 20–30% higher than 2025 benchmarks due to higher material prices, labour shortages, and rising global copper costs. Health & Research Links: India donated technical-grade Malathion to support Sri Lanka’s dengue control as mosquitoes show insecticide resistance; meanwhile, Pakistan and Sri Lanka agreed to strengthen joint research and faculty exchanges in agriculture.
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