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Waiver of tariffs on electric vehicles for assembling companies investing USD 50 mn

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By Rathindra Kuruwita

The Cabinet of ministers had approved a proposal by the President to remove all tariffs on electric vehicles for companies that had signed or would enter into agreements with the BOI to invest at least 50 million US dollars on assembling electric vehicles and plug – in hybrid electric vehicles, cabinet spokesman Bandula Gunawardena told reporters on Tuesday.

Gunawardena said many Asian countries had encouraged assembling and manufacturing of electric vehicles and plug – in hybrid vehicles by removing all tariffs on such companies.

The Cabinet spokesman said above mentioned companies would not be charged a CIF when importing electric vehicles, electric two – wheelers with a power grade up to 500 kW and modern partially assembled Semi – Knocked – Down / SKD sets with an engine capacity up to 3000 CC for assembling.

The Cabinet of Ministers had also approved a proposal by the President to allow companies to import new rechargeable electric vehicles not exceeding 30,000 dollars if they fall under “Retaining and extending investors for re – investment of existing board of investment approved companies” and “The 100 service companies programme that are board of investment’s information technology / and companies empowered by information technology” programmes, the minister said.

Companies that were eligible for the programme for retaining and extending investors for reinvestment of existing board of investment approved companies were those who had registered under section 17 of Sri Lanka Investment Board Act and had been in operation within a period of less than 5 years. These institutions must have also invested at least three million dollars and have created at least 50 jobs, Minister Gunawardena said, adding that the companies which fell under the 100 service companies’ programme must have created at least 50 jobs and at least 15 of those jobs should be technical in nature. Those institutions must have also invested at least 250,000 dollars, he said.



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Advisory for strong winds and rough seas for Multi-day boats in the Bay of Bengal

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Navel and fishing communities engaging the activities over this sea area are advised to be vigilant

Advisory for strong winds and rough seas  for Multi-day boats in the Bay of Bengal deep sea areas
Issued by the Natural Hazards Early Warning Centre
Issued at 05.00 p.m. 18 September 2026, valid for the next 24 hours.

PLEASE BE AWARE!
The atmospheric disturbance to the North of the Andaman Islands in the Bay of Bengal, is likely to develop into a low pressure area within the next 24 hours.

Due to its influence, wind speed over the Bay of Bengal sea areas will increase during the next few days starting from
tomorrow (19th).

The wind speed in the sea areas marked under the “Advisory” category on the map below will increase to 55-65 kmph at times and those sea areas will be rough or very rough at times.

Navel and fishing communities engaging the activities over this sea area are advised to be vigilant and be attentive to the future forecasts and bulletins issued by the department of Meteorology in this regards.

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Some NPP manifesto promises may be difficult to fulfil – CIABOC DG

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Ranga Dissanayake (Director General CIABOC) at the BMICH on Wednesday

Text and Pic by Priyan de Silva

Director General of the Commission to Investigate Allegations of Bribery and Corruption (CIABOC) Ranga Dissanayake has questioned whether some promises contained in the National People’s Power (NPP) manifesto, A Thriving Nation – A Beautiful Life, could be fulfilled even if the government wanted to implement them.

Dissanayake raised the issue during a discussion following the release of the third biannual report on manifesto monitoring by the March 12 Movement, at the BMICH, on Wednesday.

He questioned whether the report had taken into account legal and institutional constraints affecting the implementation of certain pledges.

Citing the proposal to establish Anti-Corruption Investigation Offices in each district, Dissanayake said such offices could be established only with the agreement of CIABOC and that amendments to the Anti-Corruption Act would be necessary.

He also referred to the pledge to abolish the Executive Presidency, noting that successive governments had made similar commitments since 1994. He questioned whether there had been adequate consideration of where the powers vested in the Executive President would be transferred if the system were abolished.

On the proposal to establish a Public Prosecutor, Dissanayake questioned whether the Government intended to maintain the office alongside the Attorney General, who currently performs prosecution-related functions.

Executive Director of the Institute for Democratic Reforms and Electoral Studies (IRES) Manjula Gajanayake said Dissanayake’s remarks should be regarded as his personal views and not as Government policy.

Monitoring and Evaluation Consultants M. Thilakarajah and D.D. Mataharaarachchi presented the third-phase findings, covering January to June 2026.

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Yoshitha and ex-Navy chief Karannagoda’s case fixed for PTC

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The corruption case filed by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) against former Navy Commander, Admiral of the Fleet Wasantha Karannagoda, and Yoshitha Rajapaksa was set for a pre-trial conference by the Colombo High Court.

The case was taken up before the Colombo High Court on Thursday (17), when the accused, who are currently out on bail, appeared before the court. After considering the submissions made, the court ordered that the case be called for a pre-trial conference.

The CIABOC had filed the case against the accused, alleging that a corruption offence was committed by sending Yoshitha Rajapaksa, son of former President Mahinda Rajapaksa, for training at the Royal Naval College in the United Kingdom despite him not having the required qualifications.

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