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Market leader drives ESG goals forward, turns over new leaf in passenger transportation

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President, David Pieris Group, David Pieris with his staff members including Chairman Managing Director Rohana Dissanayake, Director Cooperate Communication, Romany Parakrama and Director- Parts and Accessories Jayantha Ratnayake at the launch of electric three-wheeler

By Sanath Nanayakkare

Being proactive to make an impact on Environmental and Social Goals (ESG) and strategising for consolidating its market leadership in the rapidly changing mobility landscape, David Pieris Motor Company Pvt Ltd (DPMC) on Thursday launched E-drive, a model electric three-wheeler (tuk-tuk) taxi service for passenger transportation.

Kicking off with the deployment of 20 Bajaj three-wheelers as part of the emission-free pilot project, the company boasts electric conversion done here in Sri Lanka by DPMC, replacing combustion engine entirely and installing a battery pack, an electric engine,  gear, wiring, and more.

“As the experts of Bajaj vehicles in Sri Lanka, we can confidently guarantee the electric conversion done by DPMC. We are all too aware that only the correct conversion can ensure safety and comfort for the passenger travelling in the vehicle,” said Jayantha Ratnayake, Director – Parts and Accessories, David Pieris Holdings Pvt. Ltd and David Pieris Automotive Cluster.

“These three-wheelers will initially operate in Colombo and its immediate suburbs. The vehicles can easily be identified due to their unique white and green branding and the service will be available from 7 am to 7 pm from Monday to Saturday. They can be hailed down on the road, booked via the YOGO taxi-hailing mobile app and through a dedicated hotline 077 7 606077,” he said.

“The drivers of the E-drive taxi service have been trained not only on how to drive this vehicle but have also received refresher training in road rules and road etiquette. In addition, all vehicles are monitored centrally by the company. The drivers will be wearing an E-Drive uniform, and their details will be displayed in the vehicle for customer’s information, along with a telephone number to call in the event of any issues,” he explained.

Responding to a query on taxi fares, he said,” “The fares are designed to be very affordable as these three-wheelers will charge a flat rate of Rs. 65 per kilometer with no added peak hour charges. The ability to pay easily with cash or credit/debit cards is a unique facility available in this service.”

The Island learned that DPMC is the first company to obtain approval to register their converted Bajaj three-wheelers. The company said that they want not only to use this platform to allow the public to use a greener, cheaper means of transport but also to ensure passengers get a safer ride with disciplined, trained drivers. They further said that smooth rides available due to reduced vibration and the quietest three-wheeler engine on the road would set new standards for three-wheeler taxi service in Sri Lanka.

President, David Pieris Group, David Pieris speaking to The Island said,” Green mobility concept is a done deal anywhere in the world now, particularly given the environmental and social concerns of the mobility sector. If we see a positive response from passengers and other stakeholders, we will focus on a fast-growing fleet. Otherwise, we would take an appropriate decision weighing the pros and cons of the market reaction. It is always best to test the waters before you fully commit yourself to a project like this because of possible external challenges you would find in your way. I do hope regulatory barriers resulting from lobbying won’t be one of them.”



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CEB engineers raise alarm over power sector stability

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A senior electrical engineers attached to the Ceylon Electricity Board (CEB) have warned that unresolved structural and policy issues within the power sector could threaten the long-term stability of the national grid, urging authorities to act swiftly to address mounting technical and administrative concerns.

Speaking on condition of anonymity, they said the electricity network was operating under increasing strain due to delayed infrastructure upgrades, financial constraints, and growing demand.

“The national grid is not something that can be managed casually. It requires systematic planning, preventive maintenance, and timely investment. If these are compromised, the risk to system stability increases,” the engineers said.

They noted that several transmission and substation modernisation projects were behind schedule, while ageing thermal plants continued to shoulder a significant portion of the country’s base load demand.

“Engineers are committed to ensuring an uninterrupted supply. But professional expertise must be respected in decision-making. Technical matters cannot be subjected to short-term political considerations,” the engineers added.

Meanwhile, the powerful Ceylon Electricity Board Engineers’ Union (CEBEU) echoed similar concerns, warning that failure to address long standing professional and structural issues could have serious consequences for the power sector.

In a statement, the CEBEU has said that engineers have repeatedly called for reforms that safeguard the integrity of the utility and ensure that operational decisions remain grounded in technical evaluation.

“The electricity sector is a critical national asset. Any attempt to weaken institutional safeguards or bypass professional consultation will directly impact service reliability and long-term sustainability,” the union said.

The CEBEU has stressed the importance of transparent engagement between policymakers and technical personnel, noting that morale among engineers could be affected if their concerns continue to go unheard.

Industry analysts point out that the power sector plays a central role in Sri Lanka’s economic recovery efforts, particularly as the country seeks to expand industrial activity and attract investment. Stability in electricity supply remains a key determinant of business confidence.

The senior engineer stressed d that the objective of raising concerns is not confrontation but preservation of the grid’s integrity.

“Our responsibility is to the public. Electricity powers hospitals, industries, and homes. Safeguarding the system is a national duty,” he said.

With tensions simmering within the sector, stakeholders say meaningful dialogue between authorities, engineers, and trade unions will be crucial in ensuring that Sri Lanka’s power infrastructure remains resilient in the face of growing challenges.

By Ifham Nizam

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CB identifies 24 pyramid scams in Sri Lanka

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The Central Bank (CBSL) yesterday announced that investigations had identified 24 companies and applications operating prohibited pyramid schemes.

In a public notice issued under Section 83C of the Banking Act, No. 30 of 1988 (as amended), the CBSL said the following entities had been “ascertained and determined as prohibited schemes”: Tiens Lanka Health Care (Pvt) Ltd, Best Life International (Pvt) Ltd, Mark–Wo International (Pvt) Ltd, V M L International (Pvt) Ltd, Global Lifestyle Lanka (Pvt) Ltd, Fast3Cycle International (Pvt) Ltd, Sport Chain App / Sport Chain ZS Society Sri Lanka, OnmaxDT, MTFE App / MTFE SL Group / MTFE Success Lanka / MTFE DSCC Group, Fastwin (Pvt) Ltd, Fruugo Online App / Fruugo Online (Pvt) Ltd, Ride to Three Freedom (Pvt) Ltd, Qnet / Questnet, Era Miracle (Pvt) Ltd and Genesis Business School, Ledger Block, Isimaga International (Pvt) Ltd, Beecoin App and Sunbird Foundation, Windex Trading, The Enrich Life (Pvt) Ltd, Smart Win Entrepreneur (Pvt) Ltd, Net Fore International (Pvt) Ltd / Netrrix, Pro Care (Pvt) Ltd and Shade of Procare (Pvt) Ltd, SGO / sgomine.com and I.C.A.N Advertising (Pvt) Ltd and its affiliates icanonlineadvertising.com, bannercuts.com, bannercuts.lk, bannercuts.net and bannercuts.org

The CBSL said pyramid schemes, also referred to as multi-level marketing or direct selling schemes in certain instances, operate as recruitment-based programmes in which members enlist others into an expanding “downline” structure resembling a chain letter.

Under such arrangements, a portion of the fees paid by new recruits is channelled upwards to earlier participants, known as the “upline”, who are fewer in number.

The Central Bank warned that such schemes are inherently unsustainable, with the vast majority of participants at the lower tiers eventually losing their investments, while only a small number of early entrants are able to recover or profit from the funds contributed by subsequent recruits. It noted that when a pyramid scheme collapses, up to 99 per cent of those in the lower levels risk losing their money.

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Church urges patience, warns against interference with Easter attacks probe

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Director of Communications for the Archdiocese of Colombo, Rev. Fr. Cyril Gamini Fernando, yesterday expressed confidence that ongoing investigations into the 2019 Easter Sunday terror attacks would yield meaningful results and urged the public and all stakeholders to exercise patience and allow the probe to proceed independently.

Addressing a media briefing in Colombo yesterday, Fr. Fernando called on all parties to refrain from interfering with the investigations, warning that any attempt to obstruct the process would amount to a grave injustice to the victims.

He said he believed there was credible evidence to warrant the arrest of military intelligence veteran Maj. Gen. (Retd.) Suresh Sallay.

Referring to the coordinated bombings on April 21, 2019, which targeted churches and hotels and claimed nearly 300 lives, Fr. Fernando described the attacks as a “barbaric” act and a “massacre” that killed worshippers attending Easter services as well as individuals from different religious and ethnic communities.

By Norman Palihawadane

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