News
CPC Chairman claims to have adequate stocks of diesel
By Rathindra Kuruwita
CPC Chairman Sumith Wijesinghe yesterday said that there were adequate stocks of diesel with the Ceylon Petroleum Corporation (CPC).
Wijesinghe insisted that there was no diesel shortage, despite the long lines at gas stations, and the CPC was releasing adequate quantities of diesel from its terminals.
Wijesinghe said that the CPC had halted fuel distribution in view of the curfew and fears that the bowsers would be attacked. However, things were returning to normal and there should be fuel at gas stations by Friday, he said.
A ship carrying diesel would arrive on Monday (16), he said.
“We have enough stocks to ensure that essential services are not disrupted,” he said.
However, Sri Lanka Private Fuel Bowser Owners Association has told the media that the CPC only issues diesel for essential services. Therefore, bowsers that belong to them have not been transporting diesel for a few days.
News
Import and Export (Control) Regulations No. 08 of 2026
The Ministry of Industries and Entrepreneurship Development has recommended the establishment of Sri Lankan Standards, i.e. the import testing methodology for imported tires used for passenger cars and pneumatic tires for three-wheelers with the aim of ensuring a fair competitive environment for local
manufactures and ensuring consumer safety and security.
Taking into the said recommendations, “Import and Export (control regulations N0.08 of the 2026)” has been enacted to amend the existing regulations by means of the Extraordinary Gazette Notification No. 2508/27 dated 2026-10-01, prescribing Sri Lanka standard 1212 for the import of passenger types (HS Code 4011.10.90) and Sri Lanka standard 1347 for the import of
pneumatic tires for three – wheeled vehicles (HS Code 4011.90.10).
Accordingly, the Cabinet of Ministers has approved the resolution furnished by the President in his capacity as the Minister of Finance, Planning, and Economic Development to submit the aforementioned regulations to Parliament for approval.
News
Draft Bill of the Public Private Partnership Enterprises Act to be gazzetted
Approval of the Cabinet of Ministers was granted at their meeting held on 02.06.2025 to introduce a new act to promote and providing legal provisions for facilitating the Public Private Joint Enterprises within Sri Lanka as well as the establishment of the National Agency for Public Private Partnership Joint Enterprises.
Accordingly, the Legal Draftsman has formulated the relevant draft bill and the Attorney General has given his clearance to the said draft bill.
The Cabinet of Ministers approved the resolution furnished by the President in his capacity as the Minister of Finance, Planning and Economic Development to publish the said
draft bill in the government gazette notification and thereby submit it to the Parliament for its concurrence.
News
Amendment of the Ayurvedha Act No. 31 of 1961
Regulation, development and control of indigenous medical sector in Sri Lanka comprised of Ayurvedha, Sidhdha, Unani, Local Therapies are carried out under the provisions of Ayurvedha Act No. 31 of 1961.
Although amendments were made to the act from time to time as per the requirements, the necessity of further amending the Ayurvedha Act has been identified to enable efficiently maintaining all activities of local medical field productively, further formalizing the regulation of the sector, taking actions to providing licenses applicable to export of local medicines, and achieving the progress and sustainable development goals in the local medical sector.
Based on the said factors, the Cabinet of Ministers granted approval to the resolution furnished by the Minister of Health and Mass Media to direct the Legal Draftsman to formulate a draft bill to amend the Ayurvedha Act No. 31 of 1961.
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