Home Blog Page 1029

Gujarat ATS uncovers ISIS links: 04 Sri Lankans with smuggling histories seized

0

May 23, Colombo (LNW): Two days after the arrest of four Sri Lankan nationals suspected of being ISIS operatives, the Gujarat Anti-Terrorist Squad (ATS) announced that all accused have previous charges related to gold and drug smuggling, Indian media reported.

The suspects have been identified as Mohammad Nusrath (33), Mohammad Faris (35), Mohammad Nafran (27), and Mohammad Rasdeen (43), according to India’s ATS.

It added these individuals were allegedly planning terror attacks under the direction of a handler based in Pakistan.

In a press briefing on Wednesday (22), Gujarat ATS Superintendent of Police Sunil Joshi revealed that Nusrath had previously been apprehended twice at Mumbai airport for gold smuggling.

He also faces charges of assault and narcotics offences in Sri Lanka. Faris has narcotics-related offences in Sri Lanka and has been incarcerated there.

Rasdeen has been arrested for theft and three drug-related offences. Although Nafran has not been previously arrested, he admitted to smuggling gold and drugs from Dubai and Sri Lanka.

Joshi added that Faris and Rasdeen were visiting India for the first time, while Nusrath and Nafran had visited India frequently, with 38 and 40 visits respectively between 2022 and 2023.

Despite their frequent travels, this was their first visit to India since establishing contact with their handler in February. Investigation teams have been formed to examine the details of their previous visits.

The ATS discovered three pistols and 20 cartridges at Nana Chiloda, reportedly linked to the suspects, who were instructed by their handler, identified as ‘Abu’, to collect the arms and stay in a low-profile budget hotel.

In response, Sri Lankan Police announced on Wednesday that a senior deputy inspector general will lead a team to investigate the four citizens arrested in Ahmedabad.

Sri Lanka’s Police spokesman and senior superintendent Nihal Thalduwa confirmed that Inspector General Police Deshabandu Tennakoon has appointed this team.

Animal rights advocates file FR against authorities over human-elephant conflict and elephant deaths

0

May 23, Colombo (LNW): A group of animal rights advocates has lodged a Fundamental Rights petition with the Supreme Court, challenging the authorities’ failure, including that of the Department of Wildlife Conservation, to effectively address the human-elephant conflict and reduce annual elephant fatalities.

The petition was filed by Justice for Animals and Nature, Ven. Omalpe Sobhitha Thera, President’s Counsel Anura Meddegoda, the Sri Bodhiraja Foundation, Animal SOS Sri Lanka, Dr. Ajantha Perera, and Iranganie De Silva, through Attorney-at-Law Manjula Balasuriya.

The petitioners are seeking a directive for Sri Lanka Railways to implement a plan to decrease the number of elephant deaths resulting from train collisions.

According to the petition, inquiries with the Department of Wildlife Conservation revealed an elephant population of 5,879, including 55 adult tuskers, based on the 2011 First Islandwide National Survey of Elephants.

The Agriculture Ministry, however, estimates the wild elephant population to be around 7,000.

In contrast, the International Union for Conservation of Nature (IUCN) and the World Wildlife Fund (WWF) estimate the population to be between 2,500 and 4,000, classifying the Asian elephant as an Endangered (EN) species on the IUCN Red List.

The petition highlights that habitat destruction and fragmentation due to land grabbing, improper land use, acquisition of residual forests, and inadequate urban planning have confined wild elephants to smaller forested areas, exacerbating the human-elephant conflict.

The petition further details that elephants are frequently killed by falling into trenches and agricultural wells, sustaining injuries from gunshots and hakka patas, train accidents, and electrocution.

A table within the petition illustrates the causes of elephant deaths in 2022.

The petitioners are also seeking a court order directing the implementation of the “National Action Plan for Human Elephant Conflict Mitigation.”

Cabinet approves elevation of Karapitiya Teaching Hospital to National Hospital status

0

May 23, Colombo (LNW): The Cabinet has approved a proposal to elevate the Karapitiya Teaching Hospital to the status of a National Hospital, announced Cabinet spokesman, Minister Bandula Gunawardane.

The decision was disclosed during the weekly media briefing on Cabinet decisions.

The Cabinet Paper proposing this significant upgrade was presented by Health Minister Ramesh Pathirana.

Gunawardane highlighted that Karapitiya Teaching Hospital will become the third National Hospital in Sri Lanka, joining the ranks of the National Hospitals in Colombo and Kandy.

He elaborated on the importance of this development, stating that the elevation of Karapitiya Teaching Hospital to National Hospital status is a strategic move to enhance the healthcare infrastructure in the southern region of the country.

This upgrade is expected to provide advanced medical facilities and specialised services, reducing the need for patients in the south to travel to Colombo or Kandy for complex medical treatments.

Govt opens state enterprises to private sector investments at assessed value

0

May 23, Colombo (LNW): State enterprises are now available for private sector investments, but strictly at the government’s assessed valuation, announced State Minister for Urban Development and Housing Arundika Fernando.

This move adheres to President Ranil Wickremesinghe’s directive that state assets should not be offered below their appraised value, he said in a statement.

Minister Fernando emphasised the resumption of regional development projects that had been stalled due to economic challenges.

His comments were made during a press briefing at the Presidential Media Centre (PMC), themed ‘Collective Path to a Stable Country.’

He stated, “The government has authorised the search for investors for enterprises under the Ministry of Urban Development and Housing to ensure their efficient maintenance.”

This initiative aims to promote transparent investment processes for properties like the Hilton Hotel, thereby enhancing government financial reserves, distributing shares to employees, and ensuring orderly management of these entities.

The goal is to secure investments that exceed the government’s assessed value. President Wickremesinghe has mandated that no state enterprise should be sold below its appraised value.

Fernando also addressed the significant debt burden of Sri Lankan Airlines, noting that any potential investor must have the financial capability to manage the remaining debt, even if the government assumes part of it.

He highlighted issues with valuable government land allocated for projects such as the Colombo Hyatt Hotel, Chris, and Destiny, where investors have abandoned their commitments.

The Krrish project, in particular, remains an environmental concern due to an unfinished building.

The Colombo Hyatt Hotel project, which has received US$ 60 million primarily from public funds and has an outstanding debt of US$ 35 million, occupies a significant plot of land in Colombo.

Should a suitable investor not be found, the government plans to complete the project with the assistance of the armed forces, funded by the treasury.

The State Minister expressed optimism about a substantial increase in foreign investment in the coming months, citing a recent surge in foreign reserves as evidence of economic recovery.

These funds have been allocated to restart halted regional development projects. Under the President’s economic agenda, funding for the Aswasuma Social Welfare Benefit Program has tripled compared to the “Samurdhi” programme.

SL President’s message on Vesak

0

May 23, Colombo (LNW): President Ranil Wickremesinghe has conveyed a poignant message for Vesak, highlighting the festival’s deep spiritual significance for Buddhists worldwide.

Vesak, which commemorates the birth, enlightenment, and passing of the Buddha, is celebrated with profound devotion by Buddhists in Sri Lanka and across the globe.

During this sacred period, they engage in religious observances and venerate the Buddha with fervent devotion.

In his message, the President emphasised the importance of embodying the same great zeal for enlightenment that the Buddha exemplified.

He cited the Buddha’s sermon, “Maththasukha parichchaga- passé che vipulan sukhan,” which encourages sacrificing today for a better tomorrow.

This, he suggested, is particularly pertinent in the current challenging times the nation faces.

The President reminded the nation of the Buddha’s advice, “Sabbattha Sammanaso,” urging everyone to treat each other equally.

He called for this principle to be actively practised, stating that it is the greatest offering that can be presented to the Buddha on Vesak.

The President underscored the need for unity, regardless of race, religion, caste, or political affiliation, to heal and rebuild the country. He invoked the principles of Lichchavi Raja Dharmaya as a guiding framework for this endeavour.

Full Statement:

“The Vesak festival is a profoundly sacred day for Buddhists worldwide, commemorating the Buddha’s birth, enlightenment, and passing. Buddhists in Sri Lanka, along with their brethren around the globe, celebrate Vesak with deep devotion. They spend this period engaging in religious observances and venerating the Buddha with fervent devotion.

At this challenging moment, we as a nation should cultivate the same great zeal for enlightenment that Buddha exemplified, inspired by his sermon, “Maththasukha parichchaga- passé che vipulan sukhan” – to sacrifice today for a better tomorrow.

We must remember the advice of Lord Buddha, “Sabbattha Sammanaso,” to treat everyone equally and ensure we put it into practice as a country. This is the greatest offering we can present to the Buddha on this Vesak day. Regardless of race, religion, caste, or political affiliation, we must all unite to heal and rebuild our country. The principles of Lichchavi Raja Dharmaya will guide us in this endeavour.

Let us keep in mind that the primary aim of the Vesak festival is to foster spiritual growth and character development in a world rapidly advancing physically. I wish everyone a blessed Vesak festival.”

SL experiences over 36k power interruptions affecting over 300k consumers

0

May 23, Colombo (LNW): The Ceylon Electricity Board (CEB) has reported over 36,900 power breakdowns affecting more than 300,000 consumers over the past three days due to inclement weather.

Additional service staff have been deployed to address the breakdowns, Minister of Power and Energy Kanchana Wijesekara

In a post on ‘X’, the Minister confirmed that the CEB management and service staff are working around the clock to restore power to the affected consumers.

Minister Wijesekara also advised consumers who are unable to report power interruptions via the CEB hotline 1987 to use the SMS option by texting ‘breakdown’ followed by the electricity consumer number to 1987.

Alternatively, consumers can report issues through the CEB Care app or by visiting http://cebcare.ceb.lk.

Urgent weather Warning: Severe rain and winds expected due to South-West monsoon, avoid affected sea areas

0

By: Isuru Parakrama

May 23, Colombo (LNW): Due to the south-west monsoon that has established over the island, the prevailing rain and wind conditions are expected to continue further, the Department of Meteorology said in a ‘Red Notice’ statement in its weather forecast today (23).

Very heavy showers about 150 mm are likely at some places in Sabaragamuwa province and in Kandy and Nuwara-Eliya districts, the statement added.

Heavy showers above 100 mm are likely at some places in Western and North-western provinces and in Mannar, Galle and Matara districts.

Meanwhile, the sea areas extending from Colombo to Pottuvil via Galle and Hambantota will be very rough at times with very strong gusty winds up to (60-70) kmph.

Naval and fishing communities are advised not to venture into the sea areas extending from Colombo to Pottuvil via Galle and Hambantota, until further notice.

The sea areas extending from Kalpitiya to Colombo will be rough at times with strong gusty winds up to 60 kmph. The naval and fishing communities who are engaged in fishing and naval activities in the above sea areas are requested to be vigilant in this regard.

Showers or thundershowers will occur at times in these sea areas and heavy showers may occur at some places.

The swell waves (about 2.5 m – 3.0 m) height (This is not for land area) may increase in the sea areas off the coast extending from Kalpitiya to Pottuvil via Colombo, Galle, and Hambantota.

There is a possibility that near shore sea areas off the coast extending from Colombo to Matara via Galle, may experience surges due to swell waves.

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

A low-level atmospheric disturbance in the south west Bay of Bengal area has intensified in to a low-pressure area. It is very likely to move northeastward and concentrate into a depression over the central parts of the Bay of Bengal by May 24, 2024. Then it would continue to move northeastward and intensify further.

Very strong winds (60-70) kmph, accompanied with heavy rainfalls and very rough seas are likely over the sea areas around the country and over the South-eastern Arabian Sea areas and southwestern Bay of Bengal Sea areas. Naval and fishing communities are advised not to venture into the sea areas marked by RED colour on the map below until further notice. Those who are out at aforementioned sea regions are advised to return to coasts or moved safer areas immediately.

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

Major Indian companies gate crash into  mineral mining in Sri  Lanka 

0

May 22, Colombo (LNW):Major Indian companies are to enter critical mineral mining in Sri Lanka taking advantage of the new national policy on mineral resources aimed at attracting foreign investors and/or technology holders to establish joint ventures with Sri Lankan partners

Moreover, India and Pakistan have been provided market access to the mineral deposits with duty concession under Indo-Sri Lanka Free Trade Agreement (ISLFTA) and Pakistan-Sri Lanka Free Trade Agreement (PSLFTA) with 100 percent duty free for any machinery related to the business.

Several overseas companies mainly India and Australia have applied for mining licenses after the change in awarding criteria, State Investment Minister Dilum Amunugama disclosed. 

Measures have been taken to promote foreign and local investment in the country’s mineral resources sector to enhance revenues, he said adding that the previous procedure of issuing mineral mining licences has been tainted with corruption. 

The Geological Survey and Mines Bureau (GSMB) is drafting necessary policy and regulatory changes to sell the valuable mineral deposit to foreign companies for mineral explorations.

The new regulation gazetted under number 2313/37 in January 2023 and under 9(e) the mineral rights of the state have been changed by giving priority to the landowner to explore minerals or sell it to another party for exploration.

This sudden decision to promote widespread mining with foreign investment, may lead to unsustainable consequences, several environmentalists said. 

Several Indian companies including Ola Electric, Hindalco Industries, and Gujarat Mineral Development Corporation are exploring the prospects of graphite mining in Sri Lanka, informed sources said. 

Sri Lanka is the only country to mine ultra-pure highly crystalline vein graphite with more than 98 percent of carbon purity in the world over the last 100+ years, and it is world renowned for its superior quality and uniqueness.

Graphite is a critical mineral that is extensively used as the anode material in lithium-ion batteries dor electric vehicles. 

The country has exported around 2,500 tonnes of graphite in 2023 valuing at around US $6 million. Sri Lanka has graphite reserves of around 1.3 million tonnes, GSMB data showed. 

Sri Lanka is exploring the optimal utilisation of its mineral resources to boost the nation’s economic growth, and the potential for creating value-added products from these resources, State Minister Dilum Amunugama said. 

According to the Board of Investment (BOI)  data, Sri Lanka possessed 7.5 million metric tons (MT) of Ilmanite/Rutile/Zircon deposits in both Eastern coastal town of Pulmudai in Trincomalee district and Puttalam which also has 45,000 MT of graphite, and 60 million MT of Apatite.  

Sri Lanka exports the minerals to the United States, United Kingdom, China, India, and Pakistan. The island nation earns around $30 million annually with 200,000 mt of production, BOI data showed

People’s Bank continues cutting-edge digital initiatives revolutionizing services 

0

May 22, Colombo (LNW):People’s Bank continues to set industry benchmarks with its cutting-edge digital initiatives designed to enhance customer experiences and cater to their evolving needs. 

As part of its robust digitalisation strategy, People’s Bank has already introduced several innovative solutions that focus on enhancing the accessibility and convenience afforded to customers across the country.

People’s Bank has revolutionised digital onboarding with its “People’s Wiz” Account Opening system, becoming the first bank in the region to offer real-time digital customer onboarding. 

This comprehensive platform allows customers to open accounts instantly across any of their branches, along with value added features and facilities such as mobile app registration, SMS alert activation, e-statement access, debit card enrolment, and cardless cash withdrawals.

Building on this innovation, “People’s eZE Accounts” is another recently introduced services that enables virtual account opening through E-KYC and V-KYC processes which is integrated in real-time with the Department for Registration of Persons and eliminating the necessity for physical visits to bank branches.

Taking the virtual account opening one step further, the bank recently introduced “People’s eZE Credit” which enables the customers to apply for personal loans online. This solution allows customers to apply for loans remotely via the People’s bank corporate website, without the need for in-person visits.

In addition, the Retail Loan Origination System (RLOS) allows for rapid processing of personal loans, significantly enhancing client satisfaction by reducing wait times. Similarly, the Corporate Loan Origination System (CLOS) has been tailored to efficiently structure and disburse business loans.

The People’s Wave Mobile app, with over 2.3 million registered users, is a clear leader in digital Banking in Sri Lanka, providing over 50 banking features and achieving significant financial inclusivity with more than 80% of its users located outside the Western Province.

Further enhancing the digital payment landscape, the People’s Pay Wallet App and People’s Pay-Merchant Module have been instrumental in promoting cashless transactions. These platforms support multiple QR standards including LankaQR, Visa QR, and UPI QR, ensuring broad comatibility and security.

People’s Bank is offering multiple digital banking solutions to business users as well. People’s WYN Mobile app and People’s Web Corporate internet banking cater to corporate clients, providing remote banking services and ensuring efficiency and security. 

 People’s Bank Chairman Sujeewa Rajapakse commenting on the digital initiatives said: “In line with the Government’s drive to leverage digital technology to enhance financial inclusivity and economic prosperity, we have made a serious commitment to be the undisputed leader in digital banking in Sri Lanka.” People’s Bank CEO/GM Clive Fonseka commenting on the bank’s digital banking achievements said: “The adoption of digital technologies has greatly revolutionised accessibility and convenience for Sri Lankan consumers

UNDP says Financial Literacy helps alleviating debt vulnerabilities in Sri Lanka

0

May 22, Colombo (LNW): The Central Bank of Sri Lanka identifies a significant gap between satisfactory financial knowledge and lacking financial behavior among Sri Lankans, as highlighted in the Annual Economic Review of the Central Bank 

To address this, the Central Bank initiates a collaborative effort, resulting in the development of a comprehensive five-year Financial Literacy Roadmap 2024-2028 involving over 40 stakeholders.

Data from the recently launched Multidimensional Vulnerability Report (in collaboration with Oxford University) reveals that over half of Sri Lankans are multidimensionally vulnerable.

Azusa Kubota, the Resident Representative of the United Nations Development Programme (UNDP), addressing a gathering at the launch of the Financial Literacy Roadmap by the Central Bank of Sri Lanka said that approximately 70% of Sri Lankans have had to reduce at least one meal per day due to economic strain.

The report also revealed that 33.4% of the population experiences vulnerability related to household debt, often incurring debt for essential needs like food, medical care, and education, she added.

Roadmap, a cornerstone of Sri Lanka’s National Financial Inclusion Strategy (NFIS), offers evidencebased guidance to all stakeholders engaged in financial literacy initiatives, aligning them towards a common objective: improving the financial behaviour of Sri Lankans and bolstering their financial resilience.

 Developed through collaborative efforts among various stakeholders, led by the Central Bank through the NFIS Secretariat under the Regional Development Department, the Roadmap sets out to foster financial inclusion, enhance consumer protection, and fortify financial stability.

With a focus on nurturing better financial habits and enhancing overall financial capability among Sri Lankans, the Roadmap seeks to encourage informed and responsible usage of the diverse range of financial products available in the local market.

 It also emphasizes the cultivation of prudent and responsible financial behaviors, recognizing the significance of shaping the financial mindset of futuregenerations amidst today’s economic landscape.

Complementing the Roadmap is a comprehensive action plan, comprising sequenced actions collectively agreed upon by Financial Literacy Stakeholders. 

The Action Plan delineates their respective institutional roles and responsibilities, ensuring the effective implementation of the Roadmap.

 Furthermore, the United Nations Development Programme stands as a vital partner, providing both technical expertise and financial support for the realization of this initiative.

Resident Representative of the UNDP Kubota stressed that the economic crisis likely exacerbates these debt situations, with many individuals, especially women-headed households, lacking basic financial literacy.

“Women often sign agreements in languages they do not understand, unaware of their rights and responsibilities, leading to poor financial decisions,” she explained.

She advocated for financial literacy programs, debt management strategies, and livelihood diversification to mitigate these acute vulnerabilities.

“Financial literacy is crucial in alleviating the challenges faced by many communities in Sri Lanka,” Kubota asserted.