AGP Executive Report
Last update: 5 hours agoFuel Supply: The Energy Minister says there is no imminent shortage as state fuel supplier CEYPETCO raises its market share to 80% amid reduced deliveries from private distributors. President Anura Kumara Dissanayake says private fuel agreements will be revised to give the government more control. Remittances: Workers sent home US$6.87 billion in the first nine months of 2026, up US$1.05 billion year on year, strengthening a key source of foreign exchange. Corporate Health: The Central Bank says more than a third of listed firms cannot cover interest bills, while warning that vehicle and gold-backed lending is growing quickly. Trade and Investment: A U.S. mission led by Montana Governor Greg Gianforte explored opportunities in food exports, minerals and manufacturing as Washington seeks to narrow its trade gap with Sri Lanka. Solar Investment: Industry advocates warn proposed changes to rooftop-solar payment schemes could undermine private investment and jobs, arguing grid upgrades and storage should come first. Startups: Hatch and First Capital are developing a Rs. 3 billion fund to help Sri Lankan startups expand regionally.
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.
Perspectify News
