Ga onbeperkt met Magzter GOLD

Ga onbeperkt met Magzter GOLD

Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts

$149.99
 
$74.99/Jaar

Poging GOUD - Vrij

Delay in energy sector reforms: WB warns SL, calls for pruning of public service

The Island

|

October 07, 2025

The World Bank has warned parliament over Sri Lanka's continuing failure to implement urgently required energy sector reforms.

Delay in energy sector reforms: WB warns SL, calls for pruning of public service

A section of lawmakers engaged in discussion with WB representatives (pictures courtesy Parliament)

The WB has pointed out that for want of energy sector reforms, the country experienced significantly higher energy costs than other countries in the region.

The World Bank delegation has also underscored the need for pruning the public sector and improving overall productivity, pointing out that Sri Lanka maintains one of the largest public sector workforces with relatively low wage levels compared to peer countries.

The WB has made its position in respect of national economy at a recent joint meeting with the Committee on Public Enterprises (COPE), Committee on Public Accounts (COPA) and Committee on Ways and Means (COWM), parliament sources said.

MEER VERHALEN VAN The Island

The Island

The Island

SSC gets floodlights as five World Cup games are set for Maitland Place

A new chapter will be written at Maitland Place as the Sinhalese Sports Club, long seen as Sri Lanka's premier cricket venue, prepares for life under lights.

time to read

1 mins

November 28, 2025

The Island

The Island

Asian Paints Causeway unveils new improved CLASSIQUE GLO

Asian Paints Causeway, one of Sri Lanka’s leading decorative coatings brands, proudly announced the relaunch of its premium interior emulsion, Classique GLO, at a series of dealer events held across the island under the theme “The Uprising — Together for a GLO’rious Future”.

time to read

1 min

November 28, 2025

The Island

The Island

Safety during thunderstorms

When thunder rolls and the sky cracks open with lightning, it can feel thrilling — but that flash in the sky carries danger.

time to read

2 mins

November 28, 2025

The Island

The Island

President instructs authorities to get cracking with rescue and relief measures

President Anura Kumara Dissanayake has called on security forces, government officials, and Members of Parliament to prioritise public safety and accelerate relief operations as Sri Lanka faces severe weather risks.

time to read

1 min

November 28, 2025

The Island

The Island

India on track to cross $4-trillion GDP in FY26

India’s economy is on track to surpass the $4trillion mark in the current financial year, Chief Economic Advisor V. Anantha Nageswaran said on Tuesday.

time to read

1 min

November 28, 2025

The Island

Richard Pieris Finance records Rs. 292 million Profit Before Taxes in first half of 2025/26

Richard Pieris Finance Limited has reported a strong performance for the six-month period ended 30 September 2025, reflecting continued upward performance, operational discipline, and a solid return to sustained profitability.

time to read

1 min

November 28, 2025

The Island

Mistletoe 2025: A festive night of music with a mission

The Rotary Club of Colombo Centennial proudly ushers in the festive season with Mistletoe 2025, a spectacular Christmas musical extravaganza that promises to be both a celebration of the holidays and a powerful force for good.

time to read

1 min

November 28, 2025

The Island

ICC hand down pitch rating for two-day Perth Test

The pitch for the two day Ashes. Test at Perth Stadium has been given the highest rating by the ICC.

time to read

2 mins

November 28, 2025

The Island

Peace Corps returns North: 23 new volunteers sworn in

US Ambassador Julie Chung joined Peace Corps Sri Lanka Country Director Jeffrey Goveia in Vavuniya today to administer the Pledge of Service to twenty-three new Peace Corps Volunteers.

time to read

3 mins

November 28, 2025

The Island

The Island

How interlinked crises are driving a more unequal and unstable world

\"We live in an unequal, unstable and unsustainable world.\" The statement may sound simple, but it has far-reaching implications. Although it paints a broad-brush picture of the contemporary world, the reality is that for quite some time, the world has been facing multiple mutually reinforcing crises, occurring all at the same time.

time to read

4 mins

November 28, 2025

Listen

Translate

Share

-
+

Change font size