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Indian envoy Santosh Johan lauds LIOC contribution to SL’s economy

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By: Staff Writer

January 29, Colombo (LNW): Subsequent to Petroleum Product License in Sri Lanka for another 20 years from January 22, 2024 Lanka IOC (Indian Oil Corporation), on Saturday to extend the ‘Group term assurance plan’ through LIC Lanka, official sources of the company revealed.

The government in 2023, also gave petroleum distribution licenses to China’s Sinopec and two other companies.

Both Lanka IOC and Sinope was to have been given a third share of the fuel business in the 2001 to 2003 privatization drive but it was halted after then Prime Minister Ranil Wickremesinghe was ousted.

The Indian High Commissioner to Sri Lanka, Santosh Jha, attended an event of Indian Oil’s subsidiary in Sri Lanka, Lanka IOC (Indian Oil Corporation), on Saturday to extend the ‘Group term assurance plan’ through LIC Lanka.

He lauded LIOC’s contribution to the economy and its service to society through various CSR activities. “extending  the ‘Group term assurance plan’ through LIC Lanka to its 1500 customer attendants across the island.”

Lanka IOC is the only private oil company that operates retail petrol and diesel stations in Sri Lanka.

The economic crisis in Sri Lanka has adversely affected food security, agriculture, livelihoods, and access to health services.

Ahead of Sri Lanka’s presidential and parliamentary elections scheduled this year, Eastern Province Governor Senthil Thondaman affirmed support for sitting premier Ranil Wickremesinghe and backed him to be re-elected, saying that he stabilised the country and lifted the economy from dire straits.

On the ongoing negotiations with the International Monetary Fund (IMF) for securing the third tranche of loans for the economic bailout and recovery, the Lankan leader said the President was working with the world body to obtain the necessary funding and support and the country was well and truly on the road to recovery.

Sri Lanka has been reeling under a severe economic crisis in the recent past, with COVID-induced lockdowns wrecking the country’s economic backbone–tourism.

 Mounting bad loans also added to the nation’s woes, putting the economy under severe stress and on the verge of bankruptcy.

In addition, a foreign exchange crisis, heavy Chinese debts, and a failed move to shift the country’s agriculture to 100 per cent organic had intensified the country’s troubles.

However, at a time when the country, also known as the Emerald Isle, was staring at an economic abyss, with riots breaking out and the previous Rajapaksa government collapsing in the face of mounting public anger, India came out in its support and extended a helping hand to its southern neighbour. New Delhi not only opened a line of credit for the embattled nation but also extended timely assistance on various fronts to help the island nation recover from the crippling economic crisis.

Government executive officers launch trade union action seeking resolution to professional issues

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January 29, Colombo (LNW): All executive-grade government officers have commenced a trade union action this (29) morning by reporting sick, announced the Joint Committee of All-Island Executive Officers.

The trade union action is based on several demands, Joint Committee Chairman H.L.A. Udayasiri said.

A conference is scheduled today with the participation of all executive-grade officers from the government sector.

He added that executive officers from departmental services such as the Proprietorship Service, Education Administration Service, Ayurvedic Medical Service, and Surveying of the country, considered as country-wide services, will convene in Colombo for a conference.

Emphasising the need for solutions to unresolved professional problems faced by executive service officers, Udayasiri highlighted the collective effort to address these issues through the trade union action.

Inferno engulfs Mawanella Town: Over 30 shops ravaged in destructive fire near main bus stand

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January 29, Colombo (LNW): A devastating fire erupted last night (28) in Mawanella, causing complete destruction to at least 30 shops located in the town near the main bus stand.

The collaborative efforts of the police, firefighters from the Mawanella Pradeshiya Sabha’s fire brigade, and local residents successfully brought the flames under control.

Despite their efforts, numerous shops dealing in fruits, textiles, and plastic goods were reportedly consumed by the fire.

The cause of the fire remains undetermined, prompting ongoing investigations by the Mawanella Police to ascertain the circumstances surrounding the incident.

Lohan Ratwatte sworn in as State Minister of Plantation Industries and Mahaweli Development

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January 29, Colombo (LNW): Lohan Ratwatte assumed the oath of office as the State Minister of Plantation Industries and Mahaweli Development before President Ranil Wickremesinghe at the Presidential Secretariat this morning, the President’s Media Division (PMD) announced.

It is noteworthy that Ratwatte had previously served as the State Minister of Plantation Industries.

Official exchange rates in Sri Lanka today (Jan 29)

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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

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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.

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

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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

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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

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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

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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.