Poging GOUD - Vrij

President reassigns key institutions under ministries

Daily FT

|

October 22, 2025

PRESIDENT Anura Kumara Disanayake has issued a special gazette, dated 18 October 2025, redefining the functions and institutions coming under several ministries following the recent Cabinet reshuffle.

President reassigns key institutions under ministries

The reallocation marks one of the most extensive administrative reorganisations in recent years, affecting core areas such as defence, public security, finance, energy, and transport.

Under the new arrangement, the Civil Security Department (CSD) has been moved from the Ministry of Defence to the Ministry of Public Security, which also now oversees the Sri Lanka International Arbitration Centre and the Office of the Commissioner General of Rehabilitation.

The Ministry of Defence, in turn, has been assigned the National Hydrology Council and the Sri Lanka National Hydrology Office.

The Ministry of Finance, Economic Development and Fiscal Management now includes Hotel Developers (Lanka) Ltd. and the Casino Regulatory Authority, consolidating oversight over key State enterprises and gaming regulation.

MEER VERHALEN VAN Daily FT

Daily FT

Daily FT

CBSL maps 2026 reform drive with focus on price stability, financial resilience and data-driven policy

Targets inflation convergence to 5% by 2H 2026 and sustaining 4-5% GDP growth Plans to review inflation target framework with stakeholder consultation Introduces benchmark intraday exchange rate to boost forex market transparency Strengthens systemic risk oversight, climate risk integration and data sharing across regulators Finalises financial sector resolution framework aligned with global best practices Pushes digital payments, cross-border linkages and payment system legal reforms

time to read

3 mins

January 09, 2026

Daily FT

Daily FT

Secondary Bond market yields drop: activity surges

Rs. 205 b Treasury Bond auction details announced Rupee appreciates

time to read

2 mins

January 09, 2026

Daily FT

Asia Corp Insurance Brokers welcomes 2026 with renewed purpose

ASIA Corp Insurance Brokers Ltd, (ACIB) has ushered in the New Year with optimism and unity under the theme'The Next Chapter Begins’, marking afresh start grounded in hope, resilience, and team spirit

time to read

1 mins

January 09, 2026

Daily FT

Daily FT

Hayleys Agriculture partners Evonik to enhance poultry nutritional standards

AGRIBUSINESS solutions provider Hayleys Agriculture Holdings Ltd.

time to read

2 mins

January 09, 2026

Daily FT

Education reforms, let's learn from Singapore

Singapore is a country with Malay, Mandarin (Chinese) and Tamil citizens.

time to read

2 mins

January 09, 2026

Daily FT

Daily FT

Salesforce launches Startup Program in Sri Lanka

Key initiative to strengthen Sri Lanka's entrepreneurial ecosystem

time to read

2 mins

January 09, 2026

Daily FT

Daily FT

Opposition to raise AG appointment delay with IMF, World Bank

THE Opposition said yesterday it intends to raise concerns with the International Monetary Fund (IMF) and the World Bank over the Government’s continued delay in appointing an Auditor General, according to MP Dayasiri Jayasekara.

time to read

1 min

January 09, 2026

Daily FT

Daily FT

Dr. Parakrama Dissanayake appointed Adviser to President on Maritime, Ports and Logistics

DR. Mahinda Parakrama Dissanayake, a distinguished maritime, logistics, and corporate leader, has been appointed Adviser to the President on Maritime, Ports and Logistics with immediate effect.

time to read

1 mins

January 09, 2026

Daily FT

Unbeaten CH brace for Havies challenge at the Park

UNBEATEN CH and FC will face their toughest challenge of the Inter-Club Rugby League 2025/26 season when they take another title contender, Havelock Sports Club at Havelock Park today, with kickoff scheduled for 3.45 p.m.

time to read

1 min

January 09, 2026

Daily FT

Daily FT

AIA Insurance Lanka partners CBC Finance to offer customers comprehensive financial protection solutions

AIA Insurance Lanka Ltd., has entered into a strategic partnership with CBC Finance Ltd., marking a significant milestone in its mission to enhance financial security and convenience for Sri Lankans.

time to read

1 mins

January 09, 2026

Listen

Translate

Share

-
+

Change font size