Customs marks highest Rs. 2 t in tax revenue, poised to surpass 2025 target

Sri Lanka Customs has collected over Rs. 2 trillion in tax revenue as of 30 October, marking the highest annual revenue in the Department’s history and placing it well ahead of its ambitious Rs. 2.115 trillion target for 2025.

This milestone follows a 60% year-on-year (YoY) surge in 2024, when Customs recorded Rs. 1.53 trillion (Rs. 1,535 billion) in revenue, a sharp increase from Rs. 975 billion in 2023.

The Department announced that its total tax revenue for 2025 had exceeded Rs. 2 trillion by the end of October, reflecting robust import activity and improved efficiency in revenue collection.

With the highest-ever revenue goal in its history, the Department’s performance makes it the top revenue-generating Government agency to date.

Sri Lanka Customs said of the total collection so far, Rs. 630 billion was from motor vehicle imports, a category that has significantly boosted earnings following the easing of import restrictions.

On 15 October, Sri Lanka Customs reported its highest-ever single-day revenue of Rs. 24.9 billion, largely attributed to the resumption of vehicle imports.

Customs officials expressed confidence that total revenue for the year could exceed the target by as much as Rs. 300 billion, underscoring the Department’s strong recovery and strategic focus on maximising fiscal contributions to the national Budget.

NPP Government’s troubling ambivalence on Malaiyaha Tamils

Joining millions of Sri Lankans, members of the Malaiyaha Tamil community reposed their trust on the National People’s Power [NPP] last year. The support was based on its promise to end the cycle of discrimination and deceit against people of this community, that has historically played a crucial role in building our country and its economy. Malaiyaha Tamils’ contribution to rebuilding our economy after the 2022 economic crash cannot be overstated.

The election of members from the Malaiyaha Tamil community, especially women and young persons, in the last general election was widely seen as a departure from the usual style of politics that the community was used to. Many celebrated it as a refreshing wave. That said, a disturbing streak has emerged in the manner in which those in Government raise or respond to Malaiyaha Tamil issues. Sooner the party recognises this and course-corrects, the better it is for all. Ministers, MPs and members of the ruling coalition seem prone to making claims and assertions with gusto, with no fact or truth backing them. In fact, there is enough evidence in public domain that contradicts their claims.

Closing down NEVIDA, or not?

Take for instance the assertion by Minister Ramalingam Chandrasekar in Parliament, that there are no plans to shut the New Villages Authority for Malaiyaham (NEVIDA), and make it a division within the Plantation Ministry. He further claimed that what is being done is to review NEVIDA, to enhance and make it better, as promised in the NPP’s ‘Hatton Declaration’, launched in October 2023.

However, it is public knowledge that a committee chaired by the Secretary to the Prime Minister was appointed by the Government on 24.12.2024. This was pursuant to the Cabinet decision taken on 18.12.2024 approving a proposal by the President submitted to cabinet on 13.12.2024. The Committee, after what seemed like a hasty review, submitted its report and recommendations on 10 February 2025. On page 34 and 35 of this report it clearly recommends that the NEVIDA be brought under the Ministry as a unit, and for it to no longer continue as a separate authority. The report and recommendations were submitted to Cabinet by the Prime Minister’s office on 13.02.2025. It was followed up by observations of the Ministry of Finance submitted to Cabinet dated 24.02.2025 and signed by President Anura Kumara Disanayake in his capacity as the Finance Minister endorsing the above recommendations.

Further he also asked for a committee to be appointed to monitor and report periodically to cabinet on the progress of implementation of these recommendations. This was approved by the Cabinet on 17.03.2025. Now despite a solid paper trail of evidence, including cabinet decisions, sanctioned committee reports and the President’s endorsement of the recommendation, we have a Minister and Deputy Minister claiming the exact opposite, repeatedly, pointing to troubling incoherence and worse, a tendency to lie to the people.

First to recognise ‘Malaiyaha Tamils’?

We have also had NPP Ministers, NPP MPs and advisors claim that they were the first to recognise the plantation workers as ‘Malaiyaha Tamils’. Foreign Minister Vijitha Herath in his statement to the UNHCR on 8 September 2025 said ‘For the first time in history, the current Government recognised the Malaiyahar (sic) community as a distinct community in Sri Lanka’. This follows similar claims by others in NPP as well. The recognition of course is definitely welcome and laudable and has to be followed up with awareness-raising and steps to regularise it in all spheres of governance. All the same, the problem with the claim though is that the official recognition of ‘Malaiyaha Thamilar’ by the Sri Lankan Government was done earlier, way before NPP was elected to power. It had already been included in the national census conducted in 2024, and enumerated as a separate category. This was after a prolonged struggle by members of the community dating back to the 1960s.

The proximate cause for recognition was a concerted civil society campaign in 2023/2024 in the wake of the 200-year commemorations that garnered over 60,000 signatures from various regions of the Malaiyaham [hill country] demanding the recognition. It was actively supported by now Opposition parliamentarian and Tamil Progressive Alliance Leader Mano Ganesan, who wrote on 22.02.2024 to the President, with the stance being endorsed by leading Malaiyaha Tamil politician Palani Thigambaram. The initiative was also willingly supported by Jeevan Thondaman, of the Ceylon Worker Congress, who was then a Minister in the Government and followed it through till it was done.

As a result of this collective push, then President Ranil Wickremesinghe approved inclusion of the term ‘Malaiyaha Tamil’s along with ‘Indian Tamils’ to identify persons from this community in the national census by way of a letter dated 06.03.2024 from the Secretary to the President to the Director General of Department of Census and Statistics. Subsequently the latest national census was conducted inclusive of this recognition of the community.

We have a long road ahead to ensure greater awareness of this inclusion among the dispersed members of this community, and for decision makers to realise the full import of this recognition. The point here though, is that despite glaring evidence to the contrary, the NPP Government’s members keep repeating that theirs was the ‘first’ Government to recognise the distinct identity. This has been a stock opening statement in NPP Malaiyaha representatives’ interactions with their constituents for some time. In closed settings when confronted, the NPP members tend to backtrack, prevaricate and contextualise, but this has not stopped them from continuing to falsely claim this publicly. And sadly nothing seems to be done to ensure the operationalising of this ‘recognition’.

Beneficiaries selection or ownership transfer?

The recent event in Bandarawela on 12 October, that potentially caused embarrassment to the President and the High Commissioner of India to Sri Lanka is another case in point. An event for handing over confirmation letters to ‘potential beneficiaries’ of the ongoing Indian Housing project, was ingeniously conveyed for popular consumption as much more than that. Too clever by half. Heated debate ensued with the NPP members, who aggressively confounded the issue, rather than clarifying it, when the matter was raised by opposition, media and activists. Even the Deputy Foreign Minister, Arun Hemachandra, who is from Trincomalee, felt compelled to wade in to do some damage control.

Handing over 200+ title deeds that were substantially prepared by the previous Government for houses, that were constructed by earlier Governments, and conflating it with the handing over of 2,000+ beneficiary selection letters done under the NPP Government, was obviously a stretch. Clear and truthful communication upfront may have saved them the blushes and backlash.

Playing fast and loose with the truth

One can say that over the top pre-election promises, and thereafter a bit of spin, tall claims and evasiveness post-election is par for the course in Sri Lankan politics, and we should not be surprised with the NPP resorting to the same script. But, what we are seeing in regard to Malaiyaha issues is more serious. There seems to be scant regard for facts and truth. These are not exaggerations (like the easily falsifiable claim to finish 5,000 houses in 2025), or embellishments (like quietly climbing down from Rs. 2,100 to 1,700 per day wage rate for plantation workers), but seem to be clear untruths, calculated and deliberately peddled. For supporters and critics alike outside of the Government, piercing through this façade is a necessary pre-condition for any constructive engagement with this Government.

Even more sinister is that after brazenly subverting the truth, we also see the Malaiyaha MPs invariably remind everyone of the popular support they garnered in the recent elections, almost as if to say they now have the mandate to play fast and loose with the truth. It is not only disrespectful of the multitude of Malaiyaha people who voted for them, and who expect better, but is also a slippery slope to even more damaging untruths.

With many important issues like the wage negotiations, land use policy in the Malaiyaham, education reforms and so on, in focus, it is time the high command of the NPP takes heed and does an urgent course correction.

Only Anura can build a drug-free nation: Most Ven. Assaji Thero

Colombo Navakorala Sangha Chapter Chief Prelate and Gangaramaya Temple Chief Incumbent Most Ven. Dr. Kirinde Assaji Thero on Thursday declared that President Anura Kumara Disanayake is the only leader capable of freeing the nation from the drug menace.

He made this remark during his address at the launch of the national initiative ‘One Nation Against Drugs’ held at the Sugathadasa Indoor Stadium.

Ven. Assaji Thero emphasised that the country is currently facing a serious crisis due to the spread of illicit drugs, which has reached schools and deeply affected families and society at large. The Thero stressed that the President’s efforts to eradicate drug addiction and dismantle organised crime networks represent a critical investment in safeguarding the future generations of Sri Lanka.

‘Even parents today are helpless. Society has deteriorated to the extent that people no longer think about religion, values, or even their own children,’ Ven. Assaji Thero said.

The Thero highlighted that Sri Lanka has become a significant hub for drug trafficking networks and warned that failure to act decisively at this stage would result in a devastated future – ‘a mentally deranged society with no hope.’

According to Ven. Assaji Thero, the drug trade is closely tied to organised crime and international mafia networks, where large amounts of money circulate. He noted that the President’s actions to disrupt these networks, including suppressing underworld elements, involve major risks for any political leader.

‘This is not merely a drug eradication campaign – it is a national duty. The President has placed his leadership and even personal safety at stake to protect our future,’ he added.

The Thero further stated that Sri Lanka has overcome many major crises in the past, including 30 years of terrorism and more recently, the COVID-19 pandemic and economic collapse. However, he warned that no sector – tourism, industry, agriculture, or spiritual and moral development – can progress unless the country first succeeds in eliminating drugs and underworld crime.

Ven. Assaji Thero called on all citizens, regardless of political, religious, or ethnic differences, to support this national mission. ‘This is a farsighted initiative. The blessings of the people, as well as the blessings of the Maha Sangha, are fully with this effort,’ the Thero declared.

AKD declares war on drugs, vows to dismantle ‘black State’

President Anura Kumara Disanayake yesterday launched a sweeping national campaign against drug trafficking and organised crime, declaring that Sri Lanka must ‘dismantle the black State that has taken root within the official State.’

He said the narcotics trade has corrupted State institutions, destroyed families, and crippled the economy, and warned that the coming months would mark a decisive battle against a menace that has ruined the entire social fabric.

Speaking at the launch of the national operation ‘A Nation United: Eradicating the Menace of Narcotic Drugs’ at the Sugathadasa Indoor Stadium, the President said the country had reached a defining moment.

‘We are gathered here today with the purpose of defeating the deceptive menace that has engulfed our country,’ he said. ‘We know how deep-rooted and destructive this scourge is. Our children, our wider society, and we as a nation have become victims of this dangerous threat.’

He said the problem had been building for decades.

‘This is not a challenge that emerged overnight. It has gradually developed over decades and has now ruined the entire social fabric,’ he said, adding that the Government has chosen to ‘rise up against it’ rather than watch the destruction unfold.

Disanayake said the human toll of addiction was devastating. ‘64% of those imprisoned in our country have been arrested for drug-related offences,’ he said. ‘The age group most affected, between 18 and 24, is being dragged into ruin.’

He said every young addict represented a family in pain and a community in decline. ‘When a husband falls victim to addiction, it represents the most profound tragedy that a family can encounter,’ he said. ‘The fabric of family disintegrates.’

He said the consequences were visible across society. ‘A large share of road accidents today in our country is linked to drug abuse. The majority of child and women abuse cases occur because the perpetrators are addicted to drugs.’

The President also drew attention to the economic costs of the drug epidemic.

‘The Special Task Force has had to be deployed to protect the Katunayake-Colombo Expressway because electrical cables are being cut and stolen. Batteries from the elephant fences are being removed. Iron frames from bridges and culverts are being vandalised and carried away.’ He said these crimes reflected how drug addiction had triggered widespread lawlessness and destabilised communities.

‘For social stability and peace, and for the protection and well-being of every child, every woman, and every citizen, this menace must be defeated,’ he said. ‘We are determined that the action we are taking will lead us to victory.’

The President said the narcotics trade was fuelled by enormous profits that had allowed it to penetrate the State itself.

‘Vast sums of money circulate within this illegal trade,’ he said. ‘Immense wealth has been accumulated through this trade, which has become a massive black-market enterprise.’

He revealed how drug money had infiltrated law enforcement and security institutions.

’73 T-56 assault rifles from a certain military camp were transferred into the hands of these groups,’ he said. ‘They have also been supplied with ammunition. Payments have been made into bank accounts for these transactions. A Police officer even sold his service weapon and fled.’

He said these acts exposed the existence of a ‘black State’ functioning beneath the legitimate one. ‘Financial power has infiltrated and swallowed up the institutions of the State,’ he said. ‘A black State has formed within the legitimate institutions built to ensure national and public security.’

Disanayake said the rot extended to State departments. ‘The Department of Motor Traffic (DMT) has issued number plates for vehicles that do not exist. Certain officials at Immigration have provided two or three passports to underworld leaders. Corrupt links within Customs have also been exposed.’

‘This country cannot have two States,’ he said. ‘There can only be one State, the legitimate State built by the democratic power of the people. The black State must be dismantled and brought to an end.’

He said political protection had enabled this system to thrive.

‘This issue has now infiltrated political parties. Some individuals have become councillors and chairpersons, while others are preparing to contest elections. This network grew under the protection of certain politicians.’

He said the seeds for political influence and control had been planted long ago, ‘with the blessing and involvement of certain politicians and public officials.’

The President said fear and violence now hold people hostage. ‘Those who attempt to leave are often shot and killed,’ he said. ‘Behind this lies political backing as well as the support of certain State officials.’

He said many citizens believed that if this Government failed to act, no one else would. ‘This has now become the desperate plea of mothers across the country,’ he said.

The President issued a clear warning to officials complicit in the drug trade. ‘We have instructed officials to withdraw from these networks. Safeguard your employment, dignity, and the value of your position. Otherwise, we will take action to remove you,’ he said.

He called on addicts to come forward for rehabilitation, assuring that the State was ready to help. ‘We are ready to support your recovery,’ he said. ‘Rehabilitation centres have already been established. Parents must bring their children forward-we will help them recover and return them as responsible citizens.’

He said the upcoming Budget would allocate significant funds to strengthen rehabilitation programs and improve facilities. ‘A significant allocation has been made in the upcoming Budget to strengthen these efforts and improve facilities,’ he said. ‘No one struggling with addiction should fear seeking help.’

The President also announced the establishment of a National Operations Centre, bringing together the Police, Armed Forces, Customs, Immigration, Motor Traffic, and intelligence agencies into one coordinated command. ‘With this system in place, no one will be able to remain hidden any longer. We already know who they are and where they operate,’ he said.

He called for religious and community involvement in the campaign. ‘The connection between the village and religious institutions must be utilised as a key weapon in combatting this menace,’ he said, adding that the media also had a responsibility to report responsibly and shape public understanding.

He noted that the success of the campaign depended on political will. ‘The most important responsibility in freeing the country from this menace lies with the political authority,’ he said. ‘Within our political system, no undue or imposed authority will be created. Instead of attracting power, we neutralise it.’

He defended the Police and said their previous failures were not due to incompetence but political interference. ‘Behind every unresolved crime in our country, there has been political protection-not a lack of skill or competence,’ he said.

Disanayake said the Police and armed forces were taking personal risks to lead this mission. ‘Police officers have become direct targets of criminals,’ he said. ‘From the voices raised against them, we can clearly understand who is truly behind this menace.’

He said citizens must join in isolating drug traffickers and reclaiming their communities. ‘The public must actively engage in this effort. The sellers and wholesale traders are known. What is needed is a strong, united public voice against them.’

He said public safety committees, religious leaders, Non-Government Organisations (NGOs), and local organisations would play key roles in sustaining the operation. ‘We are mobilising a widespread public voice, from the top levels down to local communities,’ he said.

The President said Sri Lanka’s fight against drugs would require unity and persistence.

‘We are implementing this initiative through a multifaceted approach-arrests, rehabilitation, prevention, public awareness, sports, and cultural activities must all work together in unison,’ he said. ‘No matter how determined an individual may be, tackling this menace alone is impossible. Let us unite and act decisively.’

WSO2 expands leadership team

WSO2 yesterday announced the appointment of Sudesh Vasudevan as Vice-President and Corporate Development Head.

In this role, Sudesh will lead WSO2’s global inorganic growth strategy, working closely with the executive leadership team to identify, evaluate, and execute strategic acquisitions that expand the company’s platform capabilities and market presence across API management, integration, and identity security.

The appointment follows WSO2’s acquisition by EQT in 2024 and marks an important step in advancing the company’s next phase of growth under the new ownership. It underscores WSO2’s commitment to accelerating that growth through both organic innovation and strategic investments. With over 15 years of experience in finance, strategy, and M and A across the enterprise software and cybersecurity sectors, Sudesh brings deep expertise in driving growth and value creation across high-performing technology businesses.

Vasudevan said: ‘I am thrilled to join WSO2 at such an exciting point in its journey.

WSO2’s open technology, global reach, and commitment to innovation position it uniquely to lead in the next era of transformation and modernisation. I look forward to working with the leadership team to identify strategic opportunities that expand our impact and accelerate growth.’

Before joining WSO2, Sudesh served as Vice-President of Corporate Development, Investor Relations, and FP and A at Gupshup, a leading global conversational engagement platform backed by Fidelity and Tiger Global. Earlier in his career, Sudesh spent more than a decade in software investment banking at Evercore and Deutsche Bank, where he led cybersecurity coverage and advised on over $ 50 billion in M and A and IPO transactions across the US and Europe.

Sudesh holds a Bachelor’s degree in Mechanical Engineering from the National University of Singapore and an MBA (with distinction) from Cornell University. He is based in San Francisco, California.

Suniel Shetty lights up City of Dreams Sri Lanka for Signature Diwali Glitz

Bollywood superstar Suniel Shetty brought charisma and festive cheer to City of Dreams Sri Lanka, as he graced the Signature Diwali Glitz celebrations. Staying at the exquisite NUWA Sri Lanka, Shetty’s visit blended glamour with connection – from his warm interactions with fans to memorable moments shared with Sri Lankan celebrities. A lifelong cricket enthusiast, Shetty also spoke fondly of Sri Lanka’s sporting spirit, praising the island’s passion for the game and its hospitality. His visit was a celebration of culture, and friendship – a true reflection of the Diwali spirit that shone brightly at City of Dreams Sri Lanka.

W15 Hanthana Estate wins eminent Michelin Key award

The most iconic and the most luxurious of the W15 Collection of hotels, W15 Hanthana Estate rises to the forefront yet again with the accolade of the prestigious Michelin Key distinction, the hotel equivalent of a Michelin star, in the inaugural celebration of the world’s most outstanding hotels in 2025.

In a highly distinguished selection of over 2000 hotels worldwide, Sri Lanka secured ten spots, an honour that places the island nation firmly on the global landscape of the best in terms of luxurious hospitality.

W15 Hanthana Estate is a perfect and exceptional experience encapsulated within an elegant colonial bungalow in Hanthana, with luxuriously appointed suites. The world renowned W15 hospitality, the most sublime of views and climate, exquisitely crafted and scrumptious cuisine, and the highly thoughtful and personal care promise to turn every holiday from an amalgamation of moments into the most wondrous of memories.

W15 Collections’ Founder and Visionary Hardy Jamaldeen said: ‘Receiving a Michelin Key is a humbling reminder that what began as a dream to redefine Sri Lankan hospitality, now stands among the worlds’ most refined experiences. It is not just a recognition of excellence; it is a celebration of the passion and people who give W15 its spirit.’

The Michelin group created the Michelin guide in the 1920’s, a platform that recognised and recommended top hotels across Europe and Asia, and in 2024, the Michelin Key distinction was created to highlight and honour the crème de la crème of this selection. Entry into the prestigious Michelin guide was based on exemplary service standards, personality, design and architecture and the Michelin Keys denote the most outstanding of these hotels. 2457 hotels worldwide were lauded with Michelin Keys this year and the first global unveiling of the same was carried out on the 8th of October 2025 at the Musee des Arts Decoratifs, Paris.

In the immediate aftermath of the recognition by the Condé Nast Traveller (2025 readers’ choice awards) as the seventh best country in the world for food, Sri Lanka is well on its way to shine alongside the world’s most celebrated hospitality hotspots. The ten exceptional Sri Lankan properties recognised this year are, W15 Hanthana Estate, Hanthana, Ceylon Tea Trails, Hatton, Wild Coast Tented Lodge, Yala, Kurulubay, Ahangama, Malabar Hill, Weligama, Karpaha Sands, Kalkudah, Santani Wellness Resort and Spa, Kandy, Amangalla, Galle, Cape Weligama, Weligama and Villa Sielen Diva, Talpe

UDA Chief new On’ally Holdings Chairman

On’ally Holdings PLC has appointed Eng. Kumudu Lal as Chairman of the company. He currently serves as the Secretary to the Ministry of Housing, Construction and Water Supply and the Chairman of the Urban Development Authority (UDA).

He brings to the board over 28 years of extensive experience in civil and environmental engineering, water and wastewater drainage, solid waste management, and project management.

He holds a Master’s Degree in Environmental Engineering Management and a Bachelor’s Degree in Civil Engineering from the University of Moratuwa.

He has held several key positions in the public sector and has played a pivotal role in major national infrastructure initiatives such as the World Bank-funded Duplication Road Project and the Greater Colombo Wastewater Management project.

Singer powers ahead with TAILG Electric Motorbikes supporting green mobility

Singer (Sri Lanka) PLC, has announced its entry into the electric mobility sector through the introduction of TAILG Electric Motorbikes in Sri Lanka.

Singer’s ongoing expansion into sustainable product categories and its goal of increasing access to affordable, environmentally friendly transportation solutions are reflected in this collaboration with TAILG, one of the world’s largest electric two-wheeler manufacturers.

Singer PLC Group Managing Director Mahesh Wijewardene said: ‘At Singer, we believe that future mobility must be useful, affordable, and environmentally friendly. An important step in fostering sustainable innovation in Sri Lanka’s transportation sector is our partnership with TAILG.’

TAILG Marketing Director for Asia Lin Peng said: ‘We are proud to partner with Singer Sri Lanka, a brand that shares our vision for a sustainable and cleaner world. Combining Singer’s local strength with TAILG’s global expertise in electric mobility, this partnership goes beyond business-it’s a shared commitment to a greener future for generations to come.’

Established in 2004, TAILG has developed into a global manufacturer with exports to over 90 countries. The company’s electric two-wheelers are recognised for their range, performance, and design standards. The partnership combines Singer’s national retail and service infrastructure with TAILG’s technological expertise to deliver electric vehicles that meet international performance benchmarks and are supported locally through a reliable after-sales network.

The new TAILG model line-up introduced in Sri Lanka comprises the F71, F55, and F72, designed to meet the practical and performance requirements of local users. With a 1500W motor and a 72V 38Ah battery, the TAILG F71 can travel up to 100 kilometres at a maximum speed of 55 km/h. With a 2000W motor and a comparable 72V 38Ah battery, the F55 can travel 100 kilometres at a maximum speed of 65 km/h. With a 96V 52Ah battery and a 3000W motor, the flagship F72 can travel 200 kilometres at a top speed of 60 km/h. All models come equipped with 12-inch tires, front and rear disc brakes, and advanced battery management systems and come in red, grey, green, and white.

Aligned with its global tagline, ‘Long Range Electric Vehicles,’ TAILG focuses on maximising energy efficiency and minimising maintenance requirements. The electric motorbikes provide zero-emission mobility and significantly lower running costs compared to fuel-powered vehicles, making them suitable for urban commuters, delivery riders, and other daily users.

In celebration of the launch, Singer is providing an introductory customer package that includes attractive financing options two free services and more. Making the TAILG electric bike ownership more accessible and cost-effective for Sri Lankan consumers.