Home Blog Page 1051

Official exchange rates in Sri Lanka today (Jan 29)

0

January 29, Colombo (LNW): The Sri Lankan Rupee (LKR) has further appreciated against the US Dollar today (29) in comparison to last week’s Friday, as per the official exchange rates issued by the Central Bank of Sri Lanka (CBSL).

Accordingly, the buying price of the US Dollar has dropped to Rs. 312.67 from Rs. 313.17, and the selling price to Rs. 322.77 from Rs. 323.17.

The Rupee has also appreciated against several other foreign currencies.

34-year-old arrested in connection with Beliatta mass shooting

0

January 29, Colombo (LNW): A 34-year-old individual from Rathgama has been apprehended by the police for his alleged involvement in aiding the shooters responsible for the recent murder of five individuals in Beliatta on January 22.

The arrest, conducted by a team of police officers from Hakmana on January 26, took place on the Dhodanduwa Road in Rathgama.

The suspect is accused of receiving two T-56 weapons from the chief suspect involved in the shooting and subsequently transporting the firearms from Akuressa to Karapitiya, according to police reports.

In addition to the arrest, the police have seized the motorcycle utilised for transporting the weapons and two mobile phones belonging to the suspect.

The apprehended individual has been handed over to the Beliatta Police for further investigation, and a detention order has been obtained, allowing the police to detain the suspect for seven days for interrogation.

The mass shooting in Beliatta resulted in the tragic deaths of five individuals, including Saman Perera, the Leader of the ‘Our Peoples Party’ (Ape Jana Bala Pakshaya).

The incident is believed to be linked to a retaliatory motive stemming from a triple murder in Tangalle last year.

Related News:

Six students arrested in connection with alleged ragging incident at Sabaragamuwa University

0

January 29, Colombo (LNW): Six university students have been apprehended in connection with an incident of ragging involving a female student at Sabaragamuwa University.

The individuals in question, identified as fourth-year students from the Faculty of Social Sciences and Language Studies, were arrested following a probe conducted by the Samanala Wewa Police.

The arrests were made based on a complaint received via the 1997 hotline on January 14.

The detained students, aged 23, 24, and 25, are residents of Morawaka, Ruggahawila, Imaduwa, and Kitalawa.

The legal proceedings will follow due process as authorities address the allegations related to the initiation ritual, emphasising the seriousness with which incidents of ragging are treated in educational institutions.

‘Yukthiya’: 836 more suspects apprehended

0

January 29, Colombo (LNW): In the latest developments of the islandwide special operation to crackdown illicit activities including drug dealing code-named ‘Yukthiya’ (Justice) executed by the Police Special Task Force (STF), an additional 836 suspects have been apprehended.

These arrests transpired during multiple raids conducted from yesterday until 12:30 am today (29), according to the Ministry of Public Security.

During the course of the operation, law enforcement recovered a substantial quantity of narcotics, including 142 grams of heroin, 95 grams of crystal methamphetamine (‘ICE’), and 1650 narcotic pills.

Notably, detention orders have been obtained against six of the apprehended suspects, while one individual, grappling with narcotics addiction, has been transferred to a rehabilitation centre.

While ‘Yukthiya’ was initiated in December 2023 with the primary objective of curtailing drug-related activities across Sri Lanka, it is essential to note that this operation has been surrounded by allegations of human rights violations.

Critics and human rights advocates have raised concerns about the potential misuse of power and the need for ensuring due process and the protection of individual rights throughout the course of such operations.

Thailand’s Premier to embark on two-day visit to SL soon

0

January 29, Colombo (LNW): Thailand’s Prime Minister, Srettha Thavisin, is scheduled for a two-day official visit to Sri Lanka commencing on February 3, the Department of Government Information said in a statement.

Earlier reports indicated that the Thai Prime Minister would travel to Sri Lanka in February to finalise a Free Trade Agreement (FTA) following the latest round of talks between the two nations.

Chotima Iemsawasdikul, the Director-General of the Thai Commerce Ministry’s Department of Trade Negotiations, informed the media that Sri Lanka hosted the ninth round of FTA negotiations with Thailand on December 18–20.

The FTA negotiations resumed in November after a four-year hiatus due to the Covid-19 pandemic and the ongoing restructuring of Sri Lanka’s government agencies.

The Bangkok Post reported that the Commerce Ministry plans to submit the negotiation results to the cabinet for approval before the Prime Minister’s visit to Sri Lanka in February.

This visit comes in response to an invitation extended by Sri Lankan President Ranil Wickremesinghe.

30% of four-year-olds in SL miss pre-school, Minister criticises insufficient focus on early childhood development

0

January 29, Colombo (LNW): 30 per cent of four-year-old children in Sri Lanka do not attend pre-school education, Education Minister Susil Premajayanth disclosed unravelling a startling statistic.

Emphasising the critical importance of early childhood development, the minister expressed disappointment in the lack of global attention accorded to this issue within the Sri Lankan context.

Despite the acknowledged significance of early childhood development on a global scale, the Minister criticised the insufficient focus on this matter within the country.

He underscored the government’s purported goal of ensuring universal pre-school attendance for all four-year-olds before entering Grade 1.

While the minister’s statement recognises the necessity of bringing all pre-schools under a unified framework, it raises questions about the effectiveness of current policies and initiatives in addressing the evident gap in early childhood education.

The critique points to the need for more robust strategies and increased commitment from the government to prioritise and enhance early childhood development programmes across the nation.

Dollar rate at commercial banks today (Jan 29)

0

January 29, Colombo (LNW): The Sri Lankan Rupee (LKR) indicates steadiness against the US Dollar today (29) in comparison to last week’s Friday, as per leading commercial banks in the country.

At Peoples Bank, the buying and selling prices of the US Dollar remain unchanged at Rs. 312.11 and Rs. 322.98, respectively.

At Commercial Bank, the buying and selling prices of the US Dollar remain unchanged at Rs. 310.59 and Rs. 321.50, respectively.

Sampath Bank exhibits similar patterns with the buying and selling prices of the US Dollar remaining unchanged at Rs. 312.50 and Rs. 321.50, respectively.

Sri Lanka Original Narrative Summary: 29/01

0

  1. Inbound Tour Operators raise concerns with Tourism and Finance Ministries on the sudden imposition of VAT from 0% to 18% on Destination Management Companies; IMF said to be considering the request: many analysts have regularly pointed out that many fiscal and monetary decisions are now taken by the IMF, and not by the Finance Ministry or the Central Bank.
  2. Public Security Minister Tiran Alles says Police have been tasked with completely eradicating the underworld and narcotic drugs in the country by 30th June’24: asserts the “Yukthiya” operation to do so will not be stopped under any circumstances.
  3. ITAK leadership change expected to pose challenges for the polity in the South: also expected to raise concerns in the international community: greater bias towards Federalism anticipated.
  4. SL film director Jagath Manuwarna wins award of Best Director in the Asian Competition Section of the 22nd Dhaka International Film Festival for his feature film “Rahas Kiyana Kandu”: the film premiered at the 2023 International Film Festival in Rotterdam where it won the NETPAC Awards for the best Asian feature film.
  5. SL Navy seeks the assistance of the Bahrain-based Combined Maritime Forces engaged in counter-terrorism, to obtain the release of SL trawler ‘Lorenzo Putha 4’ with its 6 crew members hijacked by Somali pirates in the Arabian Sea.
  6. SL Railways “parcel” charges increased with effect from 1st February’24.
  7. Passenger ferry service between India’s Nagapattinam and SL’s Kankesanthurai to be initiated on 15th February.
  8. Nutritionist and Lifestyle Medicine Practitioner Dr Raaidah Wahab says the SL rice & curry is one of the most nutritious and balanced meals: warns however the quantities being consumed needs to change.
  9. Finance State Minister Ranjith Siambalapitiya says the issue of Taxpayer Identification Numbers has not been interrupted or stopped, but necessary steps are being taken to prevent the obstacles and provide necessary facilities to the Inland Revenue Department.
  10. International Cricket Council lifts ban imposed on SL with immediate effect.

SL High Commission engages in negotiations with Somali Navy for release of abducted fishermen

0

January 29, Colombo (LNW): The Sri Lanka High Commission in Kenya has disclosed ongoing negotiations with the Somali Navy to secure the release of fishermen from the ‘Lorenzo Putha 04,’ who were abducted by Somali pirates.

Sri Lankan High Commissioner to Kenya V. Kananathan highlighted active collaboration with the Somali Navy Chief and efforts to inform the European Union Navy Joint Operations Centre.

The Sri Lankan and Somali authorities are working closely to ensure maritime security and the safe return of the abducted individuals.

Several Sri Lankan Ambassadors have appealed to Somali authorities for intervention, and the Sri Lanka Navy has notified the Combined Maritime Forces in Bahrain, seeking an investigation into the captured fishing vessel.

The ‘Lorenzo Putha 04’ was seized in the Arabian Sea, 1,160 nautical miles from land, with six Chilaw residents on board.

The governments of Sri Lanka and Somalia are committed to swiftly resolving the matter and ensuring the well-being of the abducted Sri Lankans.

SL’s adherence to IMF commitments faces scrutiny amid governance and transparency reform delays: Verité Research

0

January 29, Colombo (LNW): Sri Lanka has largely adhered to the majority of its initial commitments outlined in the International Monetary Fund (IMF) bailout programme, but there are lingering concerns regarding delays in implementing governance and transparency reforms, an independent analysis conducted by Verité Research disclosed.

Facing its most severe economic crisis in decades, Sri Lanka secured a pivotal $2.9 billion loan from the IMF in March 2023. Verité Research, utilising its online platform “IMF Tracker” to monitor Sri Lanka’s progress under the Extended Fund Facility (EFF) programme, indicates that out of the 73 commitments due by the end of November 2023, 60 have been fulfilled, albeit with some delays.

Despite this progress, 13 commitments remain unmet, prompting apprehensions about Sri Lanka’s steadfastness in executing crucial reforms.

Among these, five commitments are deemed irreversibly missed, while eight have been deferred to the second phase of the programme leading up to the subsequent IMF review.

Further complicating the situation, the IMF has adjusted due dates for an additional 27 commitments initially slated for post-November, classifying them as “pending” alongside the eight carried-forward obligations.

Additionally, 75 new commitments have been introduced to the programme by both Sri Lanka and the IMF.

Consequently, the commencement of the second phase of the EFF is marked by a substantial 110 commitments awaiting resolution. Noteworthy is the fact that four specific commitments related to governance and transparency remain unfulfilled, encompassing the launch of an online transparency platform for public procurement and tax exemptions, as well as the establishment of a merit-based selection process for directors of the anti-corruption commission.