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Archives

Cardinal says recommendations against Ravi and Shani influenced by former Govt

Oct 22 (FT) Archbishop of Colombo Cardinal Malcolm Ranjith has voiced serious concerns over attempts by a particular group of persons to mislead the public regarding the ongoing investigations into the 2019 Easter Sunday attacks. Delivering a sermon on Sunday, Archbishop noted that a new group, including former Govt officials and Members of Parliament, are working to create confusion surrounding the investigation. He referenced two reports from the previous Govt, more..

Asalanka guided me to build up my innings, says Madushka

Oct 22 (DN) Nishan Madushka the 7th SL ODI cricketer to score a fifty on debut said Skipper Charith Asalanka gave fine guidance to build up his debut innings at Pallekele against West Indies in their first ODI. SL won the first game by 5 wickets with 31 balls to spare (DLS system) to get series lead 1-0 and opener Nishan Madushka played a key role with Skipper Asalanka to get this victory. The 25-year-old right hand opener Madushka earlier played ten test matches before making his debut ODI. more..

Atlas Axillia eyes international units

Oct 22 (ST) The Hemas Group company, Atlas Axillia Co (Pvt) Ltd. having recently launched a new vertical in educational toys and sensory play, has tied up with Disney and is looking at exports into the region and Africa for joint ventures. The company is looking at several initiatives, and new verticals in the space of education or toys and is also looking at exports. “We want to drive the export business. We currently have had some small victories recently. more..

පාස්කු ඉරිදා තිරිසන් ප්‍රහාරය...

First-ever Sri Lanka Property Investment Forum in Australia on Friday by Home Lands

Oct 22 (FT) Home Lands Group of Companies is set to make history by becoming the first SL developer to conduct a Property Investment Forum in Australia to create interest in residential investment options in SL. The forum, to be held at Springvale City Hall in Melbourne on 25 Oct, is an invitees-only event expected to attract over 450 high-end investors. Home Lands Group will showcase real estate investment concepts to the SL community in Australia and Australian real estate investors without SL origins. more..

Sri Lanka chamber delegation builds links with Indonesia

Oct 22 (EN) SL–Indonesia Business Council (SLIBC) of the Ceylon Chamber of Commerce (CCC) visited Indonesia and strengthened links with businesses in the two countries. “The missions’ primary aim was to strengthen trade, investment, and business ties between SL and Indonesia, while exploring opportunities for collaboration in key industries,” a statement from the CCC said. The 14 member delegation respresenting food & beverage, logistics, pharmaceuticals, apparel, travel, IT, more..

Mattala Airport: AG proposes changes to clauses for management by India-Russia joint venture

Oct 22 (ST) The draft commercial agreement to hand over the management of loss-making Mattala Rajapaksa Int'l Airport (MRIA) jointly to India’s Shaurya Aeronautics and Russia’s Airports of Regions is with the Attorney General’s Dept, Aviation Ministry Secretary K.D.S. Ruwanchandra said. SL has never before contracted out airport management to an entity outside of the govt-owned Airport and Aviation Services Ltd (AASL). If this deal goes through, India and Russia will manage the airport more..

Strengthening the mandate for change

Oct 22 (Island) Despite campaign promises to tackle corruption, there is a feeling that the govt has not taken strong enough action to hold previous corrupt officials accountable or prevent ongoing corruption in public institutions. NPP’s rapid rise to power came with high public expectations, especially regarding quick fixes to economic hardships. The gap between these expectations and the govt’s actual performance has led to expressions of disappointment among various sectors of society which are reflected in the media. more..

Editorial: Of that damning report

Oct 22 (Island) It is now clear why the JVP/NPP govt refused to release the reports of the presidential committees that probed Channel-4 allegations against the SL military, and the intelligence coordination and investigative processes, as regards the Easter Sunday terror attacks (21 April 2019). The committees headed by former Supreme Court judge S. I. Imam and retired High Court judge A.N.J. de Alwis submitted their reports to President Ranil Wickremesinghe, who appointed them. more..

ගම්මන්පිලගේ පාස්කු නාටකය...

Aftermath of AKD victory: What is in store

Oct 22 (CT) First action he is to take, is to dissolve parliament and call for fresh elections. During this period from dissolution to summoning new parliament, country would be ruled by an interim govt, which will be constituted by members of the existing parliament. JVP has only five members including the newly nominated one, and therefore needs others to join. There will not be much problem as there are number of Muslim MPs who are ready to somersault, and opportunistic MPs like Sumanthiran, more..

Reviewing the state intelligence

Oct 22 (TM) Intelligence services play a vital role in providing govts with credible information about possible threats to the State and its population. A State's intelligence apparatus, more commonly known today as the intelligence community, is tasked with making sense of complex issues and calling attention to emerging problems, threats to national interests, risks and opportunities. The role and task of intelligence is linked to all forms of governance since the beginning of recorded history, more..

'Send an honest team to Parliament to enable political transformation'

Oct 22 (SO) National Executive Member of the NPP Sunil Handunneththi said that the people at the Nov 14 General Election should send an honest and capable team to Parliament who can give a new dimension to the political transformation that has taken place in the country. In an interview with the Sunday Observer Handunneththi said that the NPP has put an end to the political culture which hurled insults and slung mud at their political opponents. more..

‘Ratan Tata wasn’t a mere tycoon: He embodied the very soul of India’

Oct 22 (ST) Rattan Tata was not born with a silver key that would grant him automatic entry to the Tata kingdom nor with a direct claim to the Tata bloodline. However, when he died last week in Mumbai at the age of 86, he was not only the Tata Group’s emeritus chairman but celebrated as the business tycoon who turned Tata’s 5 billion dollar turnover into 100 billion dollars by transforming the Indian conglomerate into a global powerhouse all within a 21-year tenure in the chairman’s office. more..

Lingering crises: Poverty and malnutrition in the aftermath of Sri Lanka’s economic crisis

Oct 22 (GV) Seetha is an elderly woman who takes care of her three grandchildren, all below the age of 15. She lives in a section of her late daughter’s house, where the electricity has been disconnected for the past three months due to non-payment of arrears. She earns a living by selling manioc chips and earns about Rs.700 to 800 a day out of which Rs.500 is spent on food. As there is no electricity in her house she uses candles, purchasing 3 to 4 candles at Rs.30 per candle every day. more..

Navigating Sri Lanka’s perpetual flood crisis

Oct 22 (CT) Despite the country having witnessed many disasters in the past accompanied by heavy rainfall during the South-west, North-east and inter-monsoon seasons, it seems no proper action has been taken so far to avert such situations. It is a pressing issue, as it directly impacts human life and livelihoods as well. Developing resilience against such natural disasters is the need of the hour. Many areas beyond the vulnerable zones, more..

Accountants: Watchdogs or facilitators of financial crimes!

Oct 22 (DM) In my early years as a public accountant in Los Angeles, I noticed a high compliance rate by taxpayers who came to see me between Feb and April year after year to prepare and file their tax returns before the Internal Revenue Service In the U.S. tax laws call for self-assessment – which requires one to self-declare income earned and pay any taxes. I noticed this compliance anxiety among young taxpayers. Upon further inquiry, I learned that parents and grandparents have handed down this tax compliance fervor. more..

The never ending clash with the UNHRC

Oct 22 (DM) The new govt of Prez Anura Kumara Dissanayake (AKD) is encountering or is going to encounter several dilemmas some of which threaten its very survival, despite the ruling NPP or the main constituent of it, JVP having not been responsible for them. Planning and executing the economic growth so that the country would be able to repay the foreign debt from 2028, meting out justice to the victims of the Easter Sunday terrorist attacks, finding a lasting solution to the ethnic problem, more..

ගම්මන්පිලගේ කොන්තරාත්තුව

Health crisis: GMOA seeks meeting with President and PM

Oct 21 (TM) Govt Medical Officers’ Association (GMOA) is still awaiting a response from the Govt regarding its request for an immediate meeting with Prez Anura Kumara Dissanayake and PM Dr. Harini Amarasuriya, amid rising concerns about the country’s medical health situation. GMOA Media Spokesman Dr. Chamil Wijesinghe said that it was yet to receive a response from the Prez or the PM to the letter it sent several weeks ago, soon after the new Govt was appointed. more..

Electricity tariffs: New proposal awaits PUCSL nod

Oct 21 (TM) The CEB has stated that while a new tariff proposal has already been prepared by the board, it is waiting for the establishment of the Public Utilities Commission of SL (PUCSL) to submit it. A senior official attached to the CEB, who wished to remain anonymous, noted that the decision on whether the tariff would be increased or decreased would be made by the PUCSL, which had the authority to do so. “We are waiting until the PUCSL is established,” the official stressed. more..

Wet balls contribute to West Indies' defeat in Pallekele

Oct 21 (CI) West Indies have been unhappy with the state of the pitches in Sri Lanka. After their 2-1 defeat in the T20I series in Dambulla, coach Daren Sammy went as far as to claim a moral victory for West Indies, for having supposedly pushed SL into producing turning tracks for games two and three. In the first ODI, West Indies didn't just get another dry surface, the weather in Pallekele also conspired against them. more..

Farmers face crisis amid controversial areca nut imports

Oct 21 (FT) The Spices and Allied Products Producers’ and Traders’ Association (SAPPTA) has raised concerns about the negative impacts of recent Government policies related to areca nut imports. In a letter addressed to President Anura Kumara Dissanayake, the SAPPTA has outlined far-reaching consequences of the Govt’s decision to re-issue import licences for areca nut, leading to a crisis in the domestic market and jeopardising crucial trade relations with India. more..

LG polls will be on already submitted nominations

Oct 21 (DN) Election Commission emphasises that the Local Govt elections will be conducted as per the earlier submitted nominations, Elections Commissioner General Saman Sri Ratnayake said. This is despite issues such as some political parties not being operational after submitting nominations for the Local Govt elections, and some candidates switching alliances. Ratnayake also noted that holding the LG elections under the current circumstances presents a good opportunity more..

Sri Lanka to receive $ 1.69 b in loans within next 3-5 years: Report

Oct 21 (TM) The govt has spent only 53% of the welfare budget allocated for the year within the first eight months up to August. A latest report from the Finance Ministry indicates that the welfare budget has primarily been used to fund the Aswesuma welfare programme. Meanwhile, the report also states that Sri Lanka is expected to receive $ 1.69 billion in loans from multilateral agencies within the next three to five years. more..

Petition filed against 2024 General Election date

Oct 21 (AD) A petition has been filed with the Supreme Court challenging the decision to hold the General Election on Nov 14, seeking an order declaring that the decision violates the Constitution. The relevant petition has been filed by the civil society activist and convenor of the Api Sri Lanka national organization Priyantha Herath. Attorney General, Secretary to the President, Chairman of the Election Commission and its members have been named as respondents in the petition. more..

Appointments to State agencies: TUs objects new PDB Chair

Oct 21 (TM) United Employees Union of the Palmyrah Development Board (PDB) has urged Minister Vijitha Herath to reconsider the prospective appointment of Mariapillai Selvin as the new Chairperson of the Palm Development Board. In a letter addressed to the minister, the union raised serious concerns regarding allegations of corruption, fraud, and irregularities associated with Selvin. The union highlighted ongoing investigations into Selvin’s activities during his previous tenure as more..

ගම්මන්පිලගේ විශේෂ මාධ්‍ය සාකච්ඡාව

Drop in tea and rubber production, coconut cultivations put on a brave face

Oct 21 (Island) During the first eight months of 2024, tea production saw a year-on-year decline, primarily due to unfavourable dry weather in March and April. However, production recovered in the subsequent months as weather conditions improved. Rubber production, although increasing steadily at the start of the year, experienced a year-on-year drop from January to August, largely due to adverse weather that affected tapping operations, particularly in the second quarter. In contrast, more..

Sri Lanka restructures China Exim Loans, recapitalizing US$200mn in interest

Oct 21 (EN) SL has restructured about US$ 4 billion of loans from the Export Import of Bank of China, capitalizing US$ 200.9 million of interest in arrears. By March 2024 SL owed US$ 3,993 million of loan to China’s Exim Bank, which included US$ 903.8 million of principle in arrears. China Exim Bank funded SL’s Norochcholai coal plant, which was described by the island’s auditor general as the best investment made since, Mahaweli program with its hydro power plants in the 1980s. more..

Income tax revenue surges 16.3% in 2024

Oct 21 (TM) SL’s state revenue from income taxes increased by 16.3% to Rs 624.7 billion in the first 8 months of 2024, Finance Ministry said. According to the Pre-election Budgetary Position report by the Treasury, revenue from income taxes increased notably by 16.3% to Rs. 624.7 billion in the first eight months of 2024 compared to Rs. 537.2 billion in the same period of 2023. “This is mainly due to the impact of implemented tax policy changes more..

Budget 2025 to be presented in Feb or Mar

Oct 21 (CT) Prez Anura Kumara Dissanayake announced the Budget 2025 will be presented to Parliament in February or March next year. The announcement was made during the inaugural General Election rally of the NPP in Tangalle. In his address, Prez Dissanayake revealed that a Vote on Account will be introduced in December to ensure the necessary financial provisions until the full Budget is tabled. He also highlighted that the upcoming Budget is expected to include more..

Beware of eZ Cash scammers: Police

Oct 21 (CT) The public has been advised by the Police to remain vigilant and exercise caution regarding individuals involved in scams using the eZ Cash money transfer app, DIG Nihal Thalduwa. He explained, “These scammers can approach the public in various ways, asking for money under the pretext of helping people in distress. Their targets include officials from the private and govt sectors, students, and the public. They may request urgent money transfers via the eZ Cash app, more..

Inflation drops to -0.2% in September

Oct 21 (AD) The overall rate of inflation, as measured by the National Consumer Price Index (NCPI), has decreased to -0.2% in Sept 2024 from 1.1% in August 2024, according to the latest data. Meanwhile, food inflation also decreased to 0.5% in Sept, down from 2.3% in August. NCPI for all items for the month of Sept 2024 is 203.1 and it records a decrease of 1.0 in index points compared to Aug 2024. more..

Over 50 firearms returned as per temporary handover notice by Defence Ministry

Oct 21 (AD) More than 50 firearms have been returned in response to the notice requiring civilians to temporarily hand over firearms and ammunition issued to them, according to Ministry of Defence. This decision was taken in compliance with the powers vested in the Defence Secretary under Sections 6(1) and 6(2) of the Firearms Ordinance Act No. 33 of 1916, allowing the govt to takeover firearms temporarily. Ministry stated that these firearms would be reissued after a review more..

NMSJ criticises lack of consultation on dismantling National People’s Council

Oct 21 (FT) National Movement for Social Justice (NMSJ) led by former Speaker Karu Jayasuriya has said the Govt should have consulted the organisation before abolishing the National People’s Council (NPC) proposed by it which was intended to function as a participatory democratic model promoting active public involvement. Following the election of Prez Anura Kumara Dissanayake, a decision was also taken by the Cabinet to dismantle the NPC Secretariat set up to implement more..

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