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We become importers or manufacturers depending on govt policy: industrialists

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From left: SLCGC Vice President Aravinda Perera, SLCGC Vice President Mahendra Jayasekera, SLGCC president Anura Warnakulasooriya and SLCGC Member S.H.B. Karunaratne

 

SL Customs ‘text book’ not in line with President’s vision on Production Economy, they say

by Sanath Nanayakkare

A leading local ceramics products manufacturer and member of Sri Lanka Ceramics and Glass Council told the media recently that their members choose to become manufacturers or importers depending on the policy of the government of the day.

“If we find it more profitable to import and sell due to policy decisions, we import. If we see the policy environment in Sri Lanka is conducive to manufacturing locally, we manufacture. We interchange our roles according to policy framework of the government”, he said.

Member of Sri Lanka Ceramics and Glass Council S.H. B. Karunaratne whose company’s product range is exported to about 47 countries made these remarks while speaking at a press conference organised by the Council to voice a ‘major weakness’ in Sri Lanka Customs’ Valuation Book which ‘unfairly’ favours importers of ceramic bathware, glass ware and allied products making things hard for local manufacturers.

“We do believe in free trade which is a two-way street and we can successfully face competition offered by foreign products. But the current valuation for invoicing by Sri Lanka Customs is so skewed and heavily favours importers and doesn’t create a level playing for competent local manufacturers who have invested heavily in the industry. This is not fair and it needs to be rectified,” he said.

“President Gotabaya Rajapaksa’s national policy framework of Vistas of Prosperity and Splendour has created a conducive environment for local production, therefore, we are encouraged to remain as manufacturers”.

“Some social media posts claim that only Rocell makes bathroom sets in Sri Lanka and they produce their goods for individuals of upper-income class and big projects. The truth is not only Rocell but Auto Bathware, RSL Ceramics, Hega, Embilipitiya Ceramics also make complete bathroom sets on a bigger scale and several other companies on a smaller scale. That’s why there was no scarcity of products despite the ban on imports.. Our manufacturers are not producing 100% of the local market requirement. But because of the government’s policy, we have planned to invest Rs.2-3 billion in the near term. With these investments our 60% local production would increase to100% and we will be self-sufficient in ceramic products in two years. And we have our own transparent pricing system to make sure local consumers have access to local products of good quality at affordable prices according to their choice”.

“The main issue that discourages potential manufacturers and existing national manufacturers is that the Customs valuation book value for imported items is at a low and unrealistic rate. To import a complete set of ceramic bathware which weighs 65kgs and includes a commode, tank, basin, pedestal, seat cover and water fitting, the book value for invoicing stands at US$35.00 or Rs.6,350. This is an unrealistic amount as a complete set of ceramic bathware cannot be manufactured at such a low cost, because to purchase the seat cover and water fitting alone it costs Rs. 3,500”.

Suggesting a solution to the issue he said,” This issue can be corrected by amending the Custom’s ‘text book’ value to US$100. Once this is amended local manufacturers will be able to compete with imports and it will also prevent cheap inferior quality items being dumped in our country. And this will also help to stop the huge outflow of foreign exchange.

“Once this book value is amended to $100, the importers and local manufactures will have to compete on a level playing field, and this will in turn benefit the consumer as they can get a competitive price”.

When asked if their members have voiced their concern with the authorities on the ‘unfair’ valuation method by Sri Lanka Customs, Karunaratne said that they would be meeting Prime Minister Mahinda Rajapaksa to discuss the matter at an upcoming meeting.



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Hour of reckoning comes for SL’s power sector

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Eng. Pubudu Niroshan

By Ifham Nizam

A long-delayed reckoning in Sri Lanka’s power sector is finally beginning to take shape—driven less by choice and more by necessity.

At a time when the country’s fragile economic recovery hinges on stability, the electricity sector—long plagued by inefficiency, political interference, and costly dependence on imported fuel—has re-emerged as both a risk and an opportunity.

It is within this context that The Institution of Engineers, Sri Lanka will host a timely and potentially consequential forum on April 2 at the Wimalasurendra Auditorium, focusing on a “Pragmatic Approach to Electricity Sector Reforms in Sri Lanka and the Way Forward.”

This is not just another technical discussion. It is, in many respects, a reality check.

The keynote address by Eng. Pubudu Niroshan—who stood at the centre of recent reform efforts as Director General of the Power Sector Reforms Secretariat—comes at a moment when the gap between policy ambition and execution has become impossible to ignore.

For over three decades, Sri Lanka has spoken the language of reform. Yet, time and again, progress has been derailed by institutional resistance, political hesitation, and an entrenched reluctance to dismantle inefficient structures.

The result is a sector that continues to bleed financially while passing the burden onto consumers and the broader economy.

High electricity tariffs, supply vulnerabilities, and operational inefficiencies are no longer isolated technical issues—they are macroeconomic threats. Industries struggle to remain competitive, investors remain cautious, and households continue to bear rising costs. The over-reliance on imported fossil fuels has only deepened this vulnerability, exposing the country to global price shocks and geopolitical disruptions.

The economic crisis of 2022 briefly forced a shift in thinking. Under severe fiscal pressure, reform was no longer optional. The passage of the Sri Lanka Electricity Act, No. 36 of 2024 was seen as a breakthrough—an acknowledgment that structural change could no longer be postponed.

But legislation alone does not transform systems.

What has followed is a more grounded, outcome-driven approach—one that attempts to move beyond policy rhetoric. Within a relatively short span, the first phase of restructuring has been pushed through, including the repeal of the decades-old CEB Act, No. 17 of 1969, and the unbundling of the monolithic utility into six state-owned entities.

This is, by any measure, a significant structural shift.

Yet, the real test lies ahead.

Unbundling without genuine market discipline risks becoming another cosmetic exercise.

The promise of a competitive National Electricity Market—long discussed but never realized—will depend heavily on regulatory strength, transparency, and political consistency. Without these, the same inefficiencies could simply be replicated across multiple entities.

Moreover, reform cannot succeed in isolation.

Sri Lanka’s energy transition must be anchored in a broader economic strategy—one that aligns power sector reforms with industrial growth, environmental sustainability, and investment policy.

The proposed “Energy Transition Act,” now under consideration, will be a critical piece of this puzzle. If executed with clarity and discipline, it could provide the legal backbone for a coherent and forward-looking energy framework.

The reference to an Integrated Economic Development Framework (IEDF) in the 2026 Budget underscores this necessity. Energy is not a standalone sector—it is the foundation upon which economic recovery will either stand or falter.

What makes this moment different is the absence of alternatives.

Sri Lanka can no longer afford half-measures or delayed decisions. The cost of inaction is too high, and the margin for error too narrow. Reform, in this sense, is no longer a policy preference—it is an economic imperative.

The upcoming forum at The Institution of Engineers, Sri Lanka is therefore more than a professEng. Pubudu Niroshanional gathering. It is a critical platform where technical expertise must confront political reality, and where long-standing assumptions must be challenged.

For years, Sri Lanka’s electricity sector has been caught in a cycle of discussion without delivery. The shift toward a pragmatic approach signals an understanding that outcomes—not intentions—will define success.

The question now is whether that realization will finally translate into sustained, irreversible change.

Because this time, failure is not just an option—it is a risk the country simply cannot afford.

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Dialog introduces Samsung Galaxy S26 Series with AI-powered camera and 5G Connectivity

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From left to right: Shiromy Ali, Assistant Vice President, Group Corporate Planning & Strategy, Dialog Axiata PLC; Hemaka Balasooriya, Chief of Dialog Business Services, Dialog Axiata PLC;  Shanaka Fernando, First Pre-order Customer; Sang Hwa Song, Managing Director, Samsung

Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, announced the availability of the Samsung Galaxy S26 Series in Sri Lanka through its retail and digital channels, bringing Samsung’s latest flagship smartphone lineup to local consumers. The series includes the Galaxy S26, Galaxy S26+, and Galaxy S26 Ultra, combining advanced AI-powered capabilities, premium design and next-generation connectivity for everyday mobile use, with customers able to experience the power of Dialog 5G Ultra on the devices.

The Samsung Galaxy S26 Series introduces an AI-powered camera system featuring a 200MP AI-enhanced rear camera with improved low-light performance, advanced zoom and intelligent editing tools for capturing and refining content directly on the device. The lineup also includes Galaxy AI capabilities, a privacy display that limits viewing angles to protect on-screen information, and steady video functionality for smoother and more stable video recording.

The Galaxy S26 Series features Dynamic AMOLED displays across the lineup, including a 6.3-inch Galaxy S26, 6.7-inch Galaxy S26+, and 6.9-inch Galaxy S26 Ultra, supporting smooth performance for streaming, gaming and everyday productivity. The devices are available with 12GB RAM and storage options of 256GB or 512GB, while the Galaxy S26 Ultra also offers a 16GB RAM variant with up to 1TB storage for users requiring additional capacity.

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Ideal Motors celebrates gala ‘Excellence Awards’ honouring outstanding performance

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The Mahindra Ideal Excellence Awards ceremony, a grand celebration to recognize dealers and other stakeholders of Ideal Motors, was held at the Wave n’ Lake Banquet Hall & Restaurant in Welisara recently.

The event was graced by the presence of special guests including Nalin Welgama, Founder and Chairman Ideal Motors, Dilani Yatawaka, Group Managing Director/CEO Ideal Motors, Nimisha Welgama, Director Legal and Corporate Affairs Ideal Motors, Sachin Arolkar, Head International Operations, Auto Division Mahindra & Mahindra India. Senthil Selvaraju, Head International Operations and Customer Service Automotive Division Mahindra & Mahindra India, Sujeeth Jayant, Country Head Mahindra & Mahindra India and Shitam Kundu, Head Domestic Services Mahindra & Mahindra India.

Also, in attendance from Ideal Motors were Kasun Fernando, General Manager Commercial Vehicle Sales Division, Sameera Bamunuarachchi, Deputy General Manager Spare Parts, Logistics & Inventory and Prasanna Manamperi, Deputy General Manager After Seles Service.

The Excellence Awards ceremony honoured the top sales dealers at the provincial and national levels. Recipients were presented with awards, certificates of merit, and cash prizes in recognition of their achievements. The three best national‑level sales dealers from the various categories were further rewarded with an opportunity to visit Bangkok, Thailand. In addition, special recognition was extended to banks and financial institutions that partner with Ideal Motors.

Speaking at the event, Nalin Welgama Ideal Motors Founder and Chairman said, “When we began our journey with Mahindra in 2009, the previous company had sold 300 vehicles in the country, of which nearly 150 had various defects. At that time our journey began by engaging with the parent company in India and repairing those vehicles free of charge. That commitment has brought us to where we are today. As we believe, our journey truly begins after the sale. We are dedicated to strengthening our customers, and in doing so, strengthening ourselves. That is how we transformed the after‑sales service experience.”

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