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CBSL appoints new deputy governor

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The Monetary Board of the Central Bank of Sri Lanka (CBSL), with the concurrence of the Minister of Finance, has promoted K.M.A.N. Daulagala, Assistant Governor and the Secretary to the Monetary Board, to the post of Deputy Governor, with effect from October 07.

Mrs. Daulagala has over 31 years of service at the Central Bank in different capacities in the areas of supervision and regulation of non-bank financial institutions, macroprudential surveillance, finance, international operations, risk management, regional development, human resource management and training and development.

She has served as the Chief Accountant and Director of Supervision of Non-Bank Financial Institutions and Financial System Stability and has contributed towards strengthening the legal framework and governance in the non-bank financial institutions sector.

Prior to the appointment as a Deputy Governor, Mrs. Daulagala held the position of Assistant Governor and was in-charge of the Macroprudential Surveillance Department and the Centre for Banking Studies and served as the Secretary to the Monetary Board.

She also served as Secretary to the Board Risk Oversight Committee, Monetary Board Advisory Audit Committee and the Ethics Committee.

Further, she was on release to the Ministry of Finance and Planning where she served as the Director General of the Department of Public Enterprises. While holding the position at the Ministry, she served as an Ex-Officio Director of the Bank of Ceylon representing the Treasury and as a member of the Employee’s Trust Fund Board.

At present, Mrs. Daulagala serves as the Chairperson of the Sri Lanka Accounting and Auditing Standards Monitoring Board.

Mrs. Daulagala holds a Master of Science Degree in Financial and Business Economics from the University of Essex, United Kingdom, and a Master of Business Administration Degree from the University of Sri Jayewardenepura. She is a Fellow member of Chartered Institute of Management Accountants, United Kingdom.

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Ministry denies Sevanagala sugar factory closure rumours

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The Ministry of Industry and Entrepreneurship Development states that reports circulating on social media about the possible closure of the Sevanagala Sugar Factory are false.

The ministry adds that neither the government nor Lanka Sugar Company (Pvt) Ltd. (LSCPL) has discussed such a move.

The ministry further states that the Sevanagala Sugar Factory, which operated at a loss under the previous government, is now continuing operations under a new marketing plan and has begun implementing measures to transform it into a profitable institution.

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Youth killed in sword attack

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03 individuals were attacked with a sword near the railway line at Nedurana Junction in Eheliyagoda last night (May 30).

A 22-year-old resident of Gatahetta, Iddamalgoda, died after being admitted to the Eheliyagoda Hospital with serious injuries, while the other 02 victims have been transferred to the Ratnapura Hospital for further treatment.

Eheliyagoda Police are conducting further investigations to apprehend the suspects.

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Electricity breakdowns increase to 50,000 (Update)

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The Ceylon Electricity Board (CEB) reports that nearly 50,000 electricity breakdowns were reported between 8.00 pm on May 29 and 8.00 pm yesterday (May 30) due to adverse weather conditions.

CEB Media Spokesperson, Engineer Dhammika Wimalaratne, stated that around 14,030 issues have been resolved so far, with efforts underway to restore the remaining breakdowns within 24 hours.

The highest number of complaints were reported from the Central and Western Provinces. Of these, 5,300 out of 15,000 outages in the Central Province and 1,700 out of 10,000 in the Western Province have been restored.

The CEB urges the public to report unresolved outages or fallen power lines via the CEBCare app or by calling the hotline 1987.


(Previous News on 30th May, 2025 at 9:49pm)

Over 29,000 electricity breakdowns reported across SL

The Ceylon Electricity Board (CEB) has said that over 29,015 electricity breakdowns have been reported across the country due to the prevailing adverse weather conditions. 

CEB teams are actively engaged in attending to these breakdowns despite challenges posed by limited staffing and resources, the statement said.

The CEB requests the public to report any outages or safety concerns via the CEBCare mobile app or by calling the ‘1987’ hotline, so that their teams can prioritize and respond swiftly.

Meanwhile, the Disaster Management Center (DMC) reports that a total of 1,757 individuals from 485 families have been affected by the adverse weather conditions.

The Department of Meteorology has issued a ‘Red’ warning for strong winds and rough seas for the sea areas off the coast extending from Chilaw to Kankesanthurai via Puttalam and Mannar, and from Galle to Pottuvil via Hambanthota.

Due to the effect of the active southwest monsoon condition, the sea areas off the coast extending from Chilaw to Kankesanthurai via Puttalam and Mannar and from Galle to Pottuvil via Hambantota will be very rough at times with very strong wind gusts up to 60-70 kmph, it said. 

Naval and fishing communities are advised not to venture into the above sea areas until further notice. 

Wind speed may increase up to 50-60 kmph at times in the sea areas off the coast extending from Chilaw to Galle via Colombo and from Kankasanthurai to Trincomalee via Mullaittivu. 

The naval and fishing communities engaged in fishing and naval activities in these sea areas are requested to be vigilant in this regard. 

The advisory further states that the wave height may increase about 3.0 meters in the sea areas off the coast extending from Mannar to Pottuvil via Puttalam, Colombo, Galle and Hambantota. 

It further said there is a possibility of surges due to swell waves over the coastal areas extending from Mannar to Pottuvil via Puttalam, Colombo, Galle and Hambantota. 

Naval and fishing communities are also requested to be attentive to future forecasts issued by the Department of Meteorology in this regard.

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