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AGP Executive Report

Last update: 10 hours ago

Digital 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.

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.

AGP Wire

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Jul. 30, 2026

Kenya harvests first enset crop in historic cross-border trial

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Jul. 17, 2026

SIGEP Asia and Restaurant Asia open in Singapore with AI push and global competitions

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Jun. 29, 2026

Cey Laya advances Colombo Port City mixed-use project with €300 million financing plan

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Jul. 13, 2026

Vibes Music Australia expands into ASEAN with Indonesia, Thailand and Cambodia push

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Jul. 28, 2026

Ataccama names Emisha an authorized Value-Added Distributor across India, Sri Lanka, and Bangladesh

GlobeNewswire, Inc.

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Jul. 29, 2026

BCS Technology Joins Anthropic's Claude Partner Network

EIN Presswire

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Jul. 1, 2026

Five Reputable Powder Coating Companies in China 2026: Advancing Sustainable Surface Finishing Technologies

EIN Presswire

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May 19, 2026

The Packaging Material Suppliers in Sri Lanka

EIN Presswire

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Jun. 16, 2026

2026 World Future Technology Summit Concludes in London, Advancing EU-China Sci-Tech Cooperation

EIN Presswire

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Mar. 30, 2026

SS Innovations Expands Global Opportunity with Regulatory Approval of the SSi Mantra Surgical Robotic System in Colombia, Oman, Sri Lanka and Kenya

GlobeNewswire, Inc.

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