News
SLT Group annual revenue surpasses Rs. 100 Bn again
Sri Lanka Telecom Group (SLT Group), the National ICT Solutions Provider, posted impressive overall growth with annual revenue surpassing Rs 100 Bn once again, recording Rs 108 Bn for the financial year 2022.
This resulted in the Group recording a revenue increase of 5.2% for the financial year 2022, strengthened by a healthy bottom line of Rs 4,765 Mn Profit after Tax, enabling the Company to deliver on commitments to stakeholders against a backdrop of unprecedented macroeconomic and industry challenges.
Results at Group level is reflective of the transformational journey commenced in 2021 with a clear focus on operational efficiency through a consolidated business structure, optimisation of facilities, and cost efficiencies through the unified brand.
SLT Group Chairman, Rohan Fernando said, “2022 was a year of economic and social distress never witnessed before in the recent past in the country. Despite the tough operating environment and the many challenges unique to our industry, I’m proud to note that we have been able to stabilize the Group performance by infusing innovations into our core business and prudent cost saving measures. At the same time, learning to navigate through this volatile market conditions have placed the group in a strong position. Like any progressive business, transformation is critical to evolve and navigate challenging market conditions, to secure business sustainability and enable a future-ready workforce. We are firm in our resolve to realise our single-minded vision of transforming from a Telco company into a Techco (technology and communication) organisation to provide state-of-the-art solutions to individual customers, corporates, investors whilst supporting the growth of the country’s vital IT sector and enable socioeconomic progress. With business resilience, strategic management decisions and the capabilities of our 10,000 strong staff, we are confident we can leverage the opportunities, that are also presenting itself in this tough operating environment.”
At Company level, SLT Q4 revenues recorded a robust growth of 19.9% to Rs 18.1 Bn compared to the same period last year and more heightened growth with year-to-date figures indicating a 13% increase to Rs 67.6 Bn as against last year. As a result, SLT company posted a strong Profit after Tax of Rs. 8,463 Mn for the financial year 2022 with a 44.3% increase compared to last year .
The key YoY revenue drivers were the increases in Carrier Domestic, Broadband and Carrier International revenue streams. Additionally, due to the devaluation of the Sri Lankan Rupee since March 2022, the company registered a substantial foreign surplus.The Group’s Operating Profit for Q4 showed a growth of 5.1% to Rs 3 Bn against the previous quarter.
Quarter on Quarter (QoQ) performance was stronger compared to last year, increasing 16% at Rs 3 Bn. But due to the impact of the weak economic and business environment throughout the financial year the operating profit for the year declined to 9.6% at Rs 12.5 Bn compared to 2021.
The Group’s Operational Cost significantly grew last year due to rupee devaluation, inflation and rising interest rates, and stood at Rs 67.7 Bn for the financial year 2022.Further some subsidiaries including Mobitel (Pvt.) Ltd., the mobile arm of the Group, that faced heavy forex losses during this period, did impact and curb the growth of the Group last year.
During the last three years, the technological and communication needs of the country have witnessed tremendous acceleration and change. The responsibility of SLT-MOBITEL, in meeting the present and future demands, has become critical now more than ever as SLT-MOBITEL is also the sole backbone service provider for uninterrupted technical and communication operations of institutions and sectors that are vital for the country. The stability and performance of the organization therefore is critical during this time and all organizational decisions are made considering this national responsibility.
News
Death of infant at Trinco District General Hospital: Suspended docs were at private hospital performing operation: Govt.
GMOA denies allegation, calls for independent probe by a panel of experts
The Health Ministry is considering whether criminal liability should be apportioned to two doctors, suspended over the death of an infant at the Trincomalee District General Hospital during a GMOA strike last month, official sources said.
Health Minister Dr. Nalinda Jayatissa said further investigations were underway to determine whether the doctors involved had committed any criminal offence in connection with the incident.
GMOA President Dr. Prabath Sugathadasa told The Island that his association had asked the Health MInistry to conduct an impartial investigation. Emphasising the need to include experts in the inquiry team, Dr. Sugathadasa said that the death at the Trincomalee hospital had not happened due to the doctors’ strike.
The GMOA always maintained emergency services during trade union action therefore the Trincomalee death couldn’t be blamed on the Association, he said.
The infant died on 09 April while members of the Government Medical Officers’ Association (GMOA) were on strike.
Following a preliminary investigation, the Ministry of Health suspended the services of the hospital’s obstetrics and gynaecology specialist and a senior medical officer.
Health Ministry sources said the suspension order had been issued last Friday by the Health Ministry Secretary after investigators uncovered what were described as serious lapses and negligence linked to the death of the newborn during childbirth.
According to investigators, a newborn in distress had been reported from the maternity ward at around 8.45 a.m. on 09 April. Although a resident midwife had alerted the relevant medical personnel, proper medical attention had allegedly not been provided.
The inquiry found that the mother’s suffering had been prolonged and complications had been allowed to develop without a timely intervention. Investigators also noted that adequate care had not been provided even after the patient had been admitted to the ward.
Preliminary findings further revealed that the doctor concerned had failed to participate in the delivery procedure, thereby losing a critical opportunity to prevent complications.
The investigation also found that despite the mother having fever and chills, necessary medical intervention had allegedly not been carried out.
Health Ministry sources said the inquiry had uncovered several irregularities in the discharge of duties, some of which had reportedly been highlighted previously in an official communication issued by the Ministry Secretary.
The Ministry confirmed that disciplinary action had been initiated against the doctors following the findings of the preliminary investigation.
Sources identified one of the suspended doctors as a specialist attached to the Trincomalee District General Hospital who also serves as the President of the GMOA branch at the hospital.
According to Health Ministry the two doctors, under investigation, had been attending to a caesarian operation at a private hospital, in Trincomalee, though they falsely claimed they were on strike.
News
Moves to strengthen environmental law after 24 years
The government yesterday (11) unveiled sweeping amendments to National Environmental Act No. 47 of 1980. It had been last amended in 2002. Authorities described the latest amendments as one of the country’s most significant environmental legal reforms aimed at protecting ecosystems and ensuring sustainable development.
The proposed amendments were announced during a media briefing held at the Department of Government Information under the patronage of Dr. Dammika Patabendi and Deputy Environment Minister Anton Jayakody.
Also present were Secretary to the Ministry of Environment K.R. Uduwawala, Environment Ministry Advisor Dr. Ravindra Kariyawasam, and Director General of the Central Environmental Authority Kapila Rajapaksha.
Speaking at the briefing, Minister Patabendi said the amendments were designed to breathe new life into environmental governance while aligning with the government’s policy vision of “A Sustainable Biosphere – A Green Life.”
“The environmental challenges confronting Sri Lanka today are far more complex than they were when this law was introduced in 1980,” Minister Patabendi said. “Therefore, we need a stronger and more modern legal framework capable of protecting ecosystems, ensuring environmental justice and safeguarding natural resources for future generations.”
The amended Bill, prepared with the participation of environmentalists, academics and other experts, has already been tabled in Parliament and is expected to be debated shortly.
One of the key features of the revised legislation is the legal strengthening of environmental responsibilities vested in local government authorities.
Under the new provisions, the Central Environmental Authority will have enhanced powers to take legal action against local authorities that fail to comply with environmental regulations and directives.
The legislation also empowers magistrates to impose substantial fines on institutions that ignore court orders aimed at rectifying environmental violations.
Minister Patabendi stressed that environmental protection could no longer remain secondary to economic development.
“Sustainable development must be based on scientific principles,” he said. “Development that destroys ecosystems is not development. Environmental conservation and economic progress must go hand in hand.”
The amendments further tighten controls over industries operating under Environmental Protection Licences (EPLs).
Authorities said industries that violate EPL conditions or fail to prevent serious industrial hazards could face suspension or cancellation of licences. The law also introduces provisions enabling temporary closure orders against industries operating in violation of environmental standards.
A major addition to the revised Act is the introduction of dedicated legal provisions governing hazardous waste and chemical management.
Under the new framework, the Environment Minister will have powers to enforce stricter regulations under the supervision of technical expert committees.
The Bill also criminalises the submission of false information in Environmental Impact Assessments (EIA/IEE) and unauthorised alterations to approved development projects.
In another significant move, Strategic Environmental Assessments (SEA) will become mandatory in state policymaking, a measure authorities say will place scientific analysis at the centre of national development planning.
Minister Patabendi described the reforms as essential for ensuring long-term environmental security in the face of climate change and ecological degradation.
“We are introducing laws not only for the present generation but for the generations yet to come,” he said. “Protecting wetlands, forests, water resources and biodiversity is now an urgent national responsibility.”
The amended legislation also introduces the globally recognised concept of Extended Producer Responsibility (EPR), which places responsibility on manufacturers for managing the full life cycle of their products, including post-consumer waste.
Environmentalists have long argued that Sri Lanka requires stronger legal mechanisms to address mounting waste management challenges, especially plastic pollution and hazardous waste disposal.
The revised Act additionally introduces a specialised legal framework for wetland conservation, reflecting growing concerns over the rapid degradation of sensitive ecosystems across the island.
Sri Lanka, recognised as one of the world’s biodiversity hotspots, possesses rich ecosystems ranging from tropical rainforests and mangroves to wetlands and dry-zone forests.
Environmental experts say the proposed reforms could significantly strengthen conservation efforts if effectively implemented.
Minister Patabendi said the government hoped the new legal framework would help secure a greener and more sustainable future for the country.
“Our responsibility is to leave behind a living environment that future generations can inherit with pride,” he said.
By Ifham Nizam
News
US-supported GeoAI Exhibition on disaster resilience opens on 14 May
The US Embassy in Sri Lanka, together with the Association for Disaster Risk Management Professionals (ADRiMP), will host the GeoAI (Geospatial Artificial Intelligence) for Disaster Resilience Exhibition and Symposium, open to the public on 14 May, at the Auditorium of the Faculty of Graduate Studies, University of Colombo. The event will showcase how advanced mapping tools and American-led artificial intelligence innovations can strengthen disaster preparedness and response.
GeoAI combines geographic data—such as maps, satellite imagery, and weather patterns—with artificial intelligence to help authorities better predict, monitor, and respond to natural disasters. Drawing on US purported leadership in AI and geospatial technologies, these tools support faster, more accurate, and data-driven decision-making during emergencies such as floods, storms, and landslides.
The US Embassy in Sri Lanka supported the launch of the GeoAI for Disaster Resilience initiative in December, 2025, following the devastation caused by Cyclone Ditwah. Developed by disaster management experts Dr. Novil Wijesekara and Dr. Aslam Saja, in collaboration with ADRiMP, the project aims to strengthen Sri Lanka’s ability to respond to extreme weather events and build long-term resilience.
The programme has trained 150 Geographic Information Systems (GIS) professionals and university students, equipping them with advanced, AI-enhanced tools to improve disaster risk management. For example, these tools can map flood-prone areas in real time, predict how a storm may impact specific communities, and help emergency responders plan evacuations more effectively—capabilities that will be demonstrated at the exhibition. The exhibition and symposium will feature innovative, locally developed GeoAI solutions, demonstrating how these technologies can be applied to real-world disaster challenges across Sri Lanka.
The exhibition will be open to the public from 11:00 a.m. to 5:00 p.m. on 14 May. Registration is required; please visit https://arcg.is/0b9bbL2 to register.
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