Home Blog Page 1472

President meets Pakistani Prime Minister Anwar-ul-Haq Kakar in Beijing

0

President Ranil Wickremesinghe and Pakistan Prime Minister Anwaar-ul-Haq Kakar engaged in bilateral discussions in Beijing yesterday afternoon (17). This meeting took place on the side-lines of the ‘One Belt – One Road’ international conference in China.

During their meeting, both leaders emphasized the global imperative of cultivating a harmonious society free from animosity, prejudice and anger arising from racial, religious or ethnic differences. They stressed the paramount importance of addressing the challenge of fostering a unified society based on shared humanity, where divisions driven by race, religion or ethnicity give way to unity and mutual understanding.

Subsequently, President Ranil Wickremesinghe and Prime Minister Anwaar-ul-Haq Kakar engaged in an extensive discourse concerning the economic crises that affected both Pakistan and Sri Lanka, with a particular focus on strategies for recovery.

Moreover, the leaders deliberated on the critical developments unfolding in the Gaza Strip. In this regard, a consensus was reached to issue a joint statement, reflecting their common stance on the matter.

This pivotal meeting was further enriched by the presence of distinguished delegates, including Pakistan’s Finance Minister, Shamshad Akhtar and Sri Lanka’s Foreign Minister, Ali Sabry.

Tamil leaders should support the President’s program for national unity – State Minister S. Viyalanderan

0

State Minister of Trade S. Viyalanderan, expressed the need for Tamil political leaders to collaborate with President Ranil Wickremesinghe’s flexible approach to achieve national unity and address the challenges faced by the Tamil population.

State Minister Viyalanderan emphasized that the economic difficulties experienced by the people during the recent past have begun to see some relief. He stressed the importance of everyone rallying behind the continuous and effective advancement of the President-led government’s program aimed at a complete economic recovery for the nation.

State Minister Viyalanderan made these remarks during a press briefing held at the Presidential Media Centre on the 17th, under the theme ‘Collective Path to a stable country’.

The State Minister further elaborated:

“The country is gradually emerging from its economic downturn, but the process is not yet complete. We cannot claim that the financial burden on the people has been entirely lifted. However, considerable progress has been made in mitigating the hardships faced by the people during the preceding economic crisis. Further measures are required to alleviate these hardships.

Relevant ministries, led by President Ranil Wickremesinghe, are diligently working towards this objective. The effort must be on-going and highly efficient, requiring collective engagement. As the Minister of State overseeing this matter, it is our responsibility to further reduce the prices of essential commodities in the country.

The escalation in the cost of essential goods directly impacts the everyday lives of the people in our country. Thus, it is imperative to lower the prices of commodities to meet the public’s expectations. Recognizing this, the Ministry of Commerce is taking decisive steps to ensure the availability of essential goods at affordable prices.

Despite price reductions in many essential goods, certain traders have yet to adjust their pricing. Some items continue to be sold at higher rates. Consequently, we have instructed the officials of the Consumer Affairs Authority to initiate legal action against those responsible.

In addition to economic challenges, we are actively working to find resolutions to the ethnic issues and foster national harmony. In this context, President Wickremesinghe has convened multiple rounds of discussions with members of both the ruling and opposition parties, both inside and outside parliament, to deliberate on matters such as the 13th Amendment and related topics. These discussions are on-going, with diverse opinions being voiced. However, our commitment remains to meet the expectations of the people.

It is worth noting that President Ranil Wickremesinghe has appointed a Tamil person as the Governor of the Eastern Province for the first time. We express gratitude to the President for this significant step. The current President is particularly dedicated to addressing the concerns of the Tamil community and President Wickremesinghe’s flexibility provides an opportunity for Tamil leaders to engage in constructive dialogue to resolve our issues. This should be regarded as their shared responsibility.

We must actively involve Tamil leaders and civil society activists in discussions concerning our challenges. This process must be expedited.

It is essential to acknowledge that, within the brief period available, we have initiated numerous projects. Furthermore, we will continue implementing development initiatives, including road construction, bridge projects and improvements in agriculture and fisheries, as well as enhancing the livelihoods of our citizens. Measures have also been taken to combat unauthorized sand mining in the Eastern Province, with a focus on environmental preservation and resource conservation.”

 PMD

Speaker of Parliament endorsed the certificate on 05 Bills

0

Hon. Mahinda Yapa Abeywardana, Speaker of Parliament endorsed the certificate on 05 Bills Oct- (17) which were passed in Parliament during the previous week.Accordingly, the Hon. Speaker endorsed the certificate on the Bills Civil Procedure Code (Amendment), Elections (Special Provisions), National Eye Bank Trust of Sri Lanka, Sri Lanka Ports Authority (Amendment) and Civil Aviation (Amendment).

The said Bills will be in effect as the Code of Civil Procedure (Amendment) Act No. 20 of 2023, Elections (Special Provisions) Act No. 21 of 2023, Sri Lanka National Eye Bank Trust Act No. 22 of 2023, Sri Lanka Ports Authority (Amendment) Act No. 23 of 2023 and the Civil Aviation Services (Amendment) Act No. 24 of 2023 with effect from Oct- (17).

Protesters demand justice for elephants

0

A protest was organized by the Union of Environmental Organizations in front of the Colombo Fort railway station today (18) under the name of ‘යුක්තියේ අඩහැරය’.

The organizers said that the protest will be held for the wild elephants who has been killed in the past. The environmental organizations pointed out that due to the killing of wild elephants in the past, the freedom of living of these animals is being knowingly abolished.

They alleged that the Department of Forests and Wildlife, which should intervene for the safety of wild animals, has also forgotten its role.

Accordingly, it was emphasized to the responsible parties that the right to live of wild elephants should be confirmed immediately.

Civil society activists including trade unions were also present for this protest.

Photos – Ajith Seneviratne

Constitutional Council declines to approve third extension for present IGP

0

By: Staff Writer

Colombo (LNW): President Ranil Wickremesinghe has reappointed current police Chief C.D. Wickramaratne despite the Constitutional Council unanimously vetoing the service extension given last week.

The Constitutional Council had taken an undivided decision at its meeting yesterday (Oct. 17) to reject the third tenure extension granted to Wickramaratne, who was appointed as the Inspector-General of Police (IGP) in November 2020 and was supposed to retire from the police service on March 26, 2023.

President Wickremesinghe had extended his tenure by 3 months on two occasions – on March 26 and July 09 – by way of special gazette notifications.

The second tenure prolongation came to an end on October 09. IGP Wickramaratne was, however, granted yet another service extension of 3 weeks on October 13.

President Wickremesinghe, who is currently on a four-day official visit to China, has reportedly been given instructions from Beijing to make the necessary arrangements to reappoint IGP Wickramaratne.

The Constitutional Council has declined to grant a third service extension to IGP C.D. Wickramaratne, citing the Government’s policy not to extend the service of State sector employees over the age of 60, sources said.

The Constitutional Council had met in Parliament under the Chairmanship of Speaker Mahinda Yapa Abeywardena yesterday afternoon.

Also in attendance were Prime Minister Dinesh Gunawardena, Opposition Leader Sajith Premadasa, Member of Parliament Sagara Kariyawasam, and civil representatives.

President’s representative to the Council, Minister Nimal Siripala de Silva was absent from the meeting as he is currently visiting India.

Wickramaratne was due to retire on 25 March this year. Currently, both the President and Subject Minister Tiran Alles, are overseas.

A final decision regarding the position of the Inspector General of Police will be made upon their return, according to sources in the President’s Office.

According to sources from Police Headquarters, Senior DIG Administration Nilantha Jayawardena, Senior DIG Western Province Deshabandu Tennekoon, and Senior DIG Central Province Lalith Pathinayake remain the top contenders for the coveted position.

However, allegations of dereliction of duty over the Easter Sunday attack have been levelled against all three while various parties including the Catholic Church of Sri Lanka have urged the President to refrain from appointing either of them to the position.

President Visits Huawei Beijing DaVinci Exhibition Center

0

At the Invitation by Mr. Tao Guangyao Huawei Sri Lanka CEO and Christophe Lee, Director Huawei Sri Lanka -President Ranil Wickramasinghe Visited the Huwaei Advanced Research Center/ DaVinci Exhibition Center in Beijing on Tuesday.

He was Welcomed in the Centre by Simon Lin, Senior Vice President Huawei Technologies / President Huawei Asia Pacific,  Jun Zhang, President of Public Affairs and Communication and Peter Pan, President of Huawei South Asia Region. Several areas of cooperation was discussed.

Minister of Foreign Affairs Ali Sabry PC, Transport and Highways Minister Banduala Gunawardana ,Chinese Ambassador to Sri Lanka , DInesh Weerakkody Chairman BOI and Portcity Commission , Sagala Rathnayake NSA and Thekshana Abeyawardana Director Presidential Secretariat participated in the discussions at the Huawei Beijing DaVinci Exhibition Center.pasted-image.jpeg

Dollar rates at banks today

0

On October 18, the Sri Lankan Rupee exhibited stability against the US Dollar at commercial banks in Sri Lanka, maintaining similar exchange rates compared to the previous Tuesday.

Peoples Bank reported minor adjustments, with the buying and selling rates for the US Dollar rising marginally from Rs. 316.18 to Rs. 316.67 and from Rs. 329.37 to Rs. 329.88, respectively.

Meanwhile, Commercial Bank noted no significant changes, as the buying rate and selling rates for the US Dollar remained constant at Rs. 317.68 and Rs. 328, respectively.

Sampath Bank observed slight fluctuations, with the buying rate for the US Dollar increasing from Rs. 319 to Rs. 319.50, and the selling rate also showing a slight increase from Rs. 329 to Rs. 329.50.

Government Declares Electricity, Petroleum, and Health Services as Essential Services

0

The government has officially declared three vital sectors as essential services through a Gazette notification. The announcement, issued by the Secretary to the President, came into effect on Tuesday, October 17, 2023.

The Gazette notification explicitly designates electricity, petroleum, and health services as essential. It reads, “All services related to the supply of electricity, the distribution of petroleum products and fuel, and any service, work, or labor, irrespective of its nature, essential or necessary for the maintenance and care, feeding, and treatment of patients in hospitals, nursing homes, dispensaries, and similar healthcare institutions, are hereby recognized as essential public services.”

This declaration underscores the critical importance of these sectors in ensuring the continuous functioning and well-being of the country, particularly during times of crisis or emergencies.

SriLankan crowned Leading International Airline of South Asia.

0

By: Staff Writer

Colombo (LNW): Even amidst recent complaints of flight delays, ground staff and pilot shortages ,Sri Lankan Airlines was crowned the Leading International Airline – South Asia at the South Asian Travel Awards (SATA) in Bangalore, India on 10 October 2023.

Sri Lankan further secured the title of Leading Airline Class – Business Class at the awards ceremony. Touted as the most prestigious travel industry awards in the region, SATA recognizes the most outstanding performers in South Asia’s hospitality and travel industry annually based on the votes of industry professionals and passengers.

Having also received the accolade of ‘Visitors Choice – Airline of the Year’ at last year’s SATA, SriLankan Airlines continues to prove its enviable position in South Asia with this year’s dual wins. SriLankan currently operates 140 flights between Colombo and multiple South Asian cities across India, the Maldives, Pakistan, Bangladesh and Nepal on a weekly basis.

SriLankan Airlines Regional Manager India, Bangladesh & Nepal V. Ravindran said: “We are profoundly happy to have our efforts valued by our South Asian associates. This region has been key to our progress and represents a significant percentage of SriLankan Airlines’ operations.

Being recognized inspires us to remain and grow as a trailblazer in South Asia and give our customers the best in Sri Lankan service and connectivity as we move forward into the future.”

The airline’s extensive South Asian network covers key points pan India including Chennai, Mumbai, Bangalore and Delhi; Karachi and Lahore in Pakistan; Kathmandu in Nepal; and Dhaka in Bangladesh.

SriLankan Airlines is moreover the only international carrier to operate to both Male and Gan Island in the Maldives to date, making it a preferred choice of passengers heading from Europe, the Middle East, India and the Far East to the picturesque Maldives.

However SriLankan Airlines is likely to face a severe shortage of experienced staff as the State-Owned Enterprise has refused to increase its salaries and other remuneration to discourage many from leaving,

It is reliably learnt that around 30 pilots have tendered their resignations over the past several months, with other employees including those from ground handling, engineering, and air crew leaving at an alarming rate, posing challenges for sustaining operations and the airline’s survival.

The Government is waiting for the airline’s restructuring, which is currently underway. It is also expecting interest from possible investors, pre-restructuring.

Central Bank imposes fine of Rs1.7 million on four finance companies.

0

By: Staff Writer

Colombo (LNW): The Central Bank of Sri Lanka has imposed financial penalties on four non bank financial institutions for non-compliance with the provisions of the Financial Transactions Reporting Act, No. 6 of 2006 (FTRA).

According to a CBSL statement, fines amounting to Rs. 1.7 million were collected rom 01 April 2023 to 26 September 2023 to enforce compliance on Financial Institutions. The money collected as penalties were credited to the Consolidated Fund.

The administrative penalties were imposed for failure to adhere to FTRA in relation to reporting of financial transactions.

Imposition/ Collection of Administrative Penalties by the Financial Intelligence Unit (FIU) to Enforce Compliance on Financial Institutions from 01 April 2023 to 26September 2023.

By virtue of the powers vested under Section 19 (1) read together with section 19 (2) of the Financial Transactions Reporting Act, No. 6 of 2006 (FTRA), financial penalties are imposed on Institutions for non-compliance with the provisions of the FTRA.

The penalty may be prescribed taking into consideration the nature and gravity of relevant non-compliance of the Financial Institution.

Accordingly, as Sri Lanka’s regulator for Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT), the FIU collected penalties as indicated below, amounting to Rs. 1.7 million in total.

Merchant Bank of Sri Lanka & Finance PLC has been fined Rs300,000 for failing to comply with Section 6 of FTRA by not reporting pawning auction transactions exceeding Rupees One Million (Rs. 1,000,000.00).

Vallibel Finance PLC had failed to adhere to Section 6 of the FTRA by not reporting transactions.

It has been fined Rs 200,000 for the granting of gold loan facilities exceeding one million rupees (Rs.1, 000,000.00).

LB Finance PLC had failed to comply with Section 6 of FTRA by not reporting pawning auction transactions exceeding Rupees One Million (Rs. 1,000,000.00) conducted as bulk transactions [consisting of the sum of many individual transactions] or as single transactions.

People’s Leasing & Finance PLC has been fined a sum of Rs 500,000.00 (Rupees five hundred thousand) for the failure to comply with Section 6 of FTRA by not reporting electronic fund transfer relating to opening of a fixed deposit exceeding Rupees One Million (Rs.1,000,000.00).