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Local Govt Election contestant assassinated, house set on fire

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A local government election contestant was murdered in Minuwangoda.

The victim, a 65-year old resident of Yagodamulla, Minuwangoda and a contestant of the Sri Lanka Freedom Party (SLFP), was subject to a mutilated attack and her house was set on fire.

The killers have escaped the scene after committing the crime and the Minuwangoda Police are conducting investigations into the case.

MIAP

Several ministers to be sworn in today?

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Several ministers are set to be sworn in today (19), political sources disclosed.

The move comes in as part of the Cabinet reshuffle which has been dragged in for months due to various circumstances.

MIAP

AG’s Office informs Court it will not appear for ex SIS Chief Nilantha Jayawardena

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The Attorney General has informed the Court that he will not appear for former State Intelligence Service (SIS) Chief, Senior Deputy Inspector General (SDIG) of Police Nilantha Jayawardena, who is cited as a respondent to the cases filed demanding compensations for the aggrieved party of the Easter Sunday bomb attacks.

This was when the case was taken up before Colombo District Court yesterday (18).

The prosecution and the defence have filed written speeches before Court in connection with the cases yesterday.

MIAP

SL services see upturn in Dec 22 while, manufacturing continues set back

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Sri Lanka’s services sector returned to growth territory in December 2022 with better availability of fuel while a fall in manufacturing slowed, according to a Purchasing Managers’ Index compiled by the central bank.

Manufacturing PMI recorded an index value of 44.8 in December, indicating a continued setback in manufacturing activities. This setback was driven by subdued performance observed in all the sub-indices, except Suppliers’ Delivery Time.

The decline in New Orders and Production was mainly driven by manufacturing of textile & wearing apparel sector. Subdued foreign demand due to seasonal holidays, and economic slowdown experienced in major export destinations was the main reasons for this decline.

Manufacturers mentioned that, although supply-side impediments such as high input cost and shortage of foreign exchange that affected importation of raw materials are yet to be resolved, demand slowdown due to deteriorated purchasing power of the customers was the key issue that restricted them fromincreazing production.

Furthermore, Employment and Stock of Purchases also declined in line with the decline in New Orders and Production. Meanwhile, Suppliers’ Delivery Time lengthened in December 2022 compared to the previous month on a month-on month basis.

Expectations for manufacturing activities for the next three months indicated an improvement in December 2022 anticipating improvements in economic conditions.

In December 2022, Purchasing Managers Indices indicated an expansion in Services activities and a continued setback in manufacturing activities.

Services PMI returned to the growth territory, recording an index value of 51.6 in December 2022 after declining for two consecutive months. This increase was underpinned by the improvements observed in New Businesses, Business Activities and Expectations for Activity sub-sectors.

However, Employment and Backlogs of Work continued to decline during the month.New Businesses improved at a slower pace in December 2022 compared to November 2022, particularly with the increases observed in other personal activities, accommodation, food and beverages, and insurance sub-sectors.

Business Activities in the services sector continued its upward trend in December 2022. In line with the increase in tourist arrivals during the month, business activities related to other personal activities and accommodation, food and beverages sub-sectors showed significant improvements.

Further, insurance, telecommunication and financial services sub-sectors also showed some increases compared to the previous month. Nevertheless, business activities related to the wholesale and retail trade sub-sector deteriorated further during the month amid the continued cost of living challenges and shortages of certain items.

Employment declined in December at a slower pace due to seasonal recruitments, though resignations, migrations and retirements continued during the month. Meanwhile, Backlogs of Work also decreased at a slower pace during the month.

Expectations for Business Activities for the next three months continued to improve with optimism regarding further improvements in economic conditions and with the peak of the tourist season. However, some respondents were concerned about the impact of tax increases on demand conditions.

Veteran Film Producer, Director Sumithra Peiris passes away

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Veteran film producer and director Dr. Sumithra Peiris has passed away at the age 88 years this (19) morning.

Wife of late Cinema Giant Dr. Lester James Peiris and cousin to Prime Minister Dinesh Gunawardena, Dr. Sumithra Peiris’ demise was confirmed while undergoing treatment at a private hospital in Colombo.

Peiris is known for producing and/or directing many blockbuster Sri Lankan movies including Ganga Addara, Gehenu Lamai, Yahalu Yeheli, Maya, Sagara Jalaya Madi Henduwa Oba Sandha, Loku Duwa, Duwata Mawaka Misa, Sakman Maluwa and Waishnavi.

MIAP

Strong gusty winds expected over several provinces

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Mainly fair weather will prevail over most places in the island, and strong gusty winds of about (40-50) kmph can be expected at times over North-Central, North-western and Uva provinces and in Hambantota district, said the Department of Meteorology in a statement today (19).

Condition of Rain:
Mainly fair weather will prevail over the sea areas around the Island.
Winds:
Winds will be north-easterly and wind speed will be (25-35) kmph. Wind speed may increase up to (45-55) kmph at times over the sea areas off the coast extending from Trincomalee to Colombo via Kankasanthurai, Mannar and Puttalam and the sea areas off the coast extending from Hambanthota to Pottuvil.
State of Sea:
Sea areas off the coast extending from Trincomalee to Colombo via Kankasanthurai, Mannar and Puttalam and the sea areas off the coast extending from Hambanthota to Pottuvil will be rough at times. The other sea areas around the island may be slight to moderate. 

MIAP

Investor delegation led by UAE Royalty holds talks on FDI for Port City

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A delegation of investors from the United Arab Emirates, led by His Royal Highness Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum, visited Port City Colombo on the 14th of January 2023, during a special visit to Sri Lankato explore investment opportunities, officials said.

Discussions were held between the members of the delegation, representatives from the Colombo Port City Economic Commission (Commission) and Port City Colombo (PCC) with a view to attracting foreign direct investments to the project.

The delegation was given a comprehensive overview of Port City Colombo’s development and plans for the future which the delegation commended, followed by a tour of PCC Marina.

Port City Colombo is a large-scale development project covering an area of 269 hectares of reclaimed land. It aims to serve as a new economic hub for the country, offering a range of commercial and residential opportunities.

The project is expected to bring significant economic benefits to Sri Lanka, including job creation and increased foreign investment.

Expressing his views on the visit and the progress of discussions, Thulci Aluwihare, Deputy Managing Director of CHEC Port City Colombo (Private) Limited said, “We’re very pleased to have had the opportunity to host this delegation, led by His Royal Highness, and showcase the potential of the Port City Colombo development project.

This visit is a clear indication of the growing interest in what we have to offer, and we look forward to welcoming more investors and partners in the future. We are also anticipating the PCC Duty-Free Shopping Complex to open on schedule by April 2023.”

The UAE delegation also included Mr. Luke Sellwood – Advisor to His Highness Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum, Mr. Ivan Shkarba – Partner and investor in efiscal. Mr. Ivan also invests with His Highness in other business opportunities.

Having added 2.69 square kilometres to Sri Lanka’s sovereign territory, Port City Colombo is Sri Lanka’s biggest FDI-funded development project.

With infrastructure development slated for completion in Q3 of 2023, of the USD 1.4 Billion committed by the project company, USD 1.2 Billion has already been invested into Port City Colombo.

A further USD 1.5 billion is expected to be invested during the vertical development phase, which is expected to commence as soon as regulations are finalized.

A USD 7-million Duty-Free Shopping Complex, the first of its kind in South Asia and expected to be a magnet for shopping and tourism, will also open its doors at Port City Colombo in April 2023.

Fonterra supports government programme on food security and nutrition

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In support of the government’s ‘National Combined Mechanism for Food Security and Nutrition’, Fonterra will provide free milk powder to 70,000 low-income families.

Joining the ‘National Combined Mechanism for Food Security and Nutrition’ programme, set up under the patronage of President Ranil Wickremesinghe, Fonterra Brands Lanka Company has donated milk powder worth Rs174 million to 70,000 low-income families experiencing financial hardships.

The donation was made symbolically at the President’s Office two days ago (17) with the participation of New Zealand High Commissioner Michael Appleton and a group of New Zealand representatives.

Speaking at the occasion, Chairman and Advisor of the Presidential Committee on National Food Security Dr. Suren Batagoda said, “The Vision of the food security programme of the government is to ensure that every citizen has access to nutrition. This initiative is aimed at bridging this gap with the most vulnerable families.”

The milk powder was delivered to the 70,000 vulnerable families across the country, identified by the task force and delivered via the District Secretariats.

President’s Chief of Staff and the Senior Advisor on National Security Mr. Sagala Ratnayake, Vidya Sivaraja – MD, SEA & SA, Consumer & Food Service Global Markets, Judith Swales – CEO, Global Markets, General Shavendra Silva – Chief of Defence Staff and other officials, attended this event.

Sri Lanka Original Narrative Summary: 19/01

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  1. The Election Commission informs the Supreme Court the Local Government Election will be held on time in compliance with the regulations pertaining to the holding of the Polls – stresses the Treasury has not yet informed whether grants cannot be allocated for the Polls.
  2. Lawyers stage protest in front of Hulftsdrop (Aluthkade) Court Complex demanding Judiciary’s autonomy in objection to the Attorney General’s alleged pressure on Magistrate hearing IUSF Convener Wasantha Mudalige’s case – Additional Magistrate Tharanga Mahawatta, who was hearing Mudalige’s case, has reportedly been dismissed over a complaint by the IGP claiming she treated the suspects ‘humanely’.
  3. India’s External Affairs Minister, Dr. S. Jaishankar, will undertake an official visit to Sri Lanka from 19-20 January 2023 – scheduled to have officials discussions with his Sri Lankan counterpart Ali Sabry and pay courtesy call on President Wickremesinghe, Premier Gunawardena and other dignitaries.
  4. The Committee on Parliamentary Business decides to take into debate the controversial ‘Regulation of Election Expenditure Bill’ today – Parties of the Opposition raise severe objections claiming this is a blatant attempt by the Government to postpone the Local Government Election.
  5. Indika Nuwan Kumara, grandson of Indigenous Leader Uruvarige Wannila Aththo, to contest the upcoming Local Government Election from the National Democratic Party; currently serves as the Electoral Organiser of Mahiyanganaya – The Indigenous Community to contest for 65 villages including Mahiyanganaya.
  6. Commemorative event titled ‘Amathaka Nokaramu’ (Let’s Not Forget) held at the Documentation Centre Conference Hall of the Colombo National Library remembering slain and abducted journalists of Sri Lanka coincided with ‘Black January,’ a conventional month advocating for media freedom and remembering journalists subject to state-sponsored repression – Cabinet Minister Manusha Nanayakkara pays courtesy by attending the event.
  7. Sri Lanka Navy receives state-of-the-art camera ‘Olympus TG – 06’ used for advanced underwater shooting presented by naval personnel who followed the Forensic Diving Course at the Hulhumalé Coast Guard Base of Maldives National Defence Force (MNDF) – The Gendarmerie Law Enforcement Forces of Frances has organised this Forensic Diving Course as part of the European Union Critical Maritime Routes in Indian Ocean (EU CRIMARIO) Programme.
  8. The Colombo Port City’s flagship investment project set to change the Colombo Landscape announces full speed to complete the ‘Duty Free’ complex – The Complex is said will be establishing a landmark in South Asia by setting up duty free retail operations involving an investment of over US$ 50 million.
  9. US Ambassador to Sri Lanka Julie Chung accuses China of being the biggest obstacle to Sri Lanka receiving bailout – China responds harshly, reminds US is the largest shareholder of the IMF with a veto power over major policy decisions, sued the island nation in its federal court immediately after the announcement of ‘debt default,’ and has private creditors owning 40 per cent of Sri Lanka’s total external debt stock with the highest interest rates.
  10. Government to set up an ‘international trade office’ to boost exports and promote FDI following the enactment of the ‘International Trade Office Bill’ in Parliament – Sri Lanka’s FDI net inflows in the long-term is projected to trend around US$ 350 million in 2023, Finance Ministry’s econometric models and provisional data reveal.

Colombo Port City Forging ahead

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Colombo Port City the flagship investment project set to change the Colombo Landscape is moving at full speed to complete the duty free complex. The complex will become a land mark in South Asia. China Duty Free and Singapore Duty Free is poised to set up retail operations involving an investment of over USD 50 Million.

Retail Center Outside Construction On Going
Sand Beach Jogging Track
Retail Center Outside Construction On Going
Center Park South Landscape Work Finish
Interim Road Will be Connected and Opened to Public Very Soon