Home Blog Page 1559

Ranil Wickremesinghe Presents Comprehensive Proposal for Northern and Eastern Regions

0

President Ranil Wickremesinghe recently engaged in discussions with Tamil parliamentarians representing the North and East regions, where he unveiled a comprehensive proposal to address the challenges faced by the Tamil people. The President’s Media Division (PMD) highlighted that the President’s proposal seeks to resolve the issues without any political bias and is open to discussion and consensus.

The proposal encompasses various bills and plans to improve the functioning of provincial councils, enhance national unity and reconciliation, establish a Truth-Finding Mechanism, and create the Office of Missing Persons. Additionally, the plan focuses on development initiatives for the Northern and Eastern provinces, including projects in renewable energy, water supply, infrastructure, investment promotion zones, and tourism.

President Wickremesinghe emphasized the importance of the full enforcement of the 13th Amendment, but clarified that the inclusion of police powers would require agreement from all party leaders in Parliament. He also stressed that a two-thirds majority in Parliament is necessary for certain decisions.

Regarding reconciliation efforts, the President revealed that the draft for the Office of National Unity and Reconciliation has been sent for constitutional review and will soon be presented to Parliament. The National Action Plan on Reconciliation, prepared by the Office of National Unity and Reconciliation (ONUR), will also be submitted to the Cabinet.

In terms of the Truth-Finding Mechanism, the President announced the establishment of an Interim Secretariat with the appointment of the Director General. The process will involve inviting applications for key staff and commencing formal mechanisms after enacting relevant laws.

During the discussions, the President addressed concerns about the merger of Northern and Eastern provinces and clarified the government’s stance on involving foreign judges in the administration of justice in the North and East.

The President also addressed the Anti-Terrorism Bill and activities of the Office of Missing Persons, providing updates on the progress of ongoing investigations. He encouraged detailed information from the Office of Investigation of Missing Persons for forwarding to the Interim Secretariat for the Truth-Finding Mechanism.

In the context of development, President Wickremesinghe outlined projects for renewable energy production, water supply, infrastructure, and tourism promotion in the Northern and Eastern provinces. These initiatives are aimed at fostering economic growth and enhancing the region’s appeal.

The President’s comprehensive proposal and discussions with Tamil parliamentarians underscore his dedication to resolving long-standing issues and promoting development and reconciliation in the Northern and Eastern regions of Sri Lanka.

Sri Lankan Rupee Holds Steady Against US Dollar at Commercial Banks

0

The Sri Lankan Rupee has maintained its stability against the US Dollar at commercial banks in Sri Lanka today (July 19), showing minimal fluctuations compared to the previous day.

At Peoples Bank, the buying and selling rates for the US Dollar remain unchanged at Rs. 314.34 and Rs. 329.80, respectively.

Commercial Bank reports a slight decrease in the buying rate of the US Dollar, moving from Rs. 315.99 to Rs. 315.22, while the selling rate remains steady at Rs. 327.50.

Sampath Bank, on the other hand, maintains the same buying and selling rates for the US Dollar at Rs. 315 and Rs. 328, respectively.

The steady performance of the Sri Lankan Rupee against the US Dollar indicates a stable exchange rate environment at commercial banks, providing stability and confidence in foreign currency transactions.

While fluctuations may occur in the currency market, the current rates demonstrate a relative stability in the exchange rate between the Sri Lankan Rupee and the US Dollar.

Ranil Wickremesinghe to Strengthen Bilateral Relations with India during Official Visit

0

President Ranil Wickremesinghe is set to embark on an official visit to India on July 20 and 21, following an invitation from Prime Minister Narendra Modi. The visit holds significant importance as both nations commemorate the 75th anniversary of their diplomatic ties this year.

During his visit, President Wickremesinghe will engage in bilateral discussions with Prime Minister Narendra Modi, Indian President Droupadi Murmu, and other esteemed Indian dignitaries. The meetings will cover a wide range of topics pertaining to mutual interests between the two countries.

This visit aims to further enhance and solidify the longstanding bilateral relations between Sri Lanka and India. It provides an opportunity to deepen cooperation, explore new avenues of collaboration, and foster closer ties in various areas of common concern.

Cabinet Spokesperson and Media Minister Dr. Bandula Gunawardhana highlighted the significance of the President’s visit, stating that it will contribute to finalizing the necessary steps to establish a Memorandum of Understanding between India and Sri Lanka at the diplomatic level. Minister Gunawardhana further emphasized that discussions will encompass crucial matters such as debt restructuring programs, economic progress, social development, and cultural exchanges.

Acknowledging India’s significant support during the COVID-19 pandemic and economic crises, the Cabinet spokesperson expressed gratitude and emphasized that the visit will facilitate opportunities for further collaboration and cooperation.

The official visit of President Ranil Wickremesinghe to India signifies the commitment of both countries to strengthening their bilateral ties and fostering a constructive partnership for mutual growth and development.

Sri Lanka Original Narrative Summary: 19/07

0

  1. President Ranil Wickremasinghe outlines plans for devolution: states the 13th Amendment with full powers, except Police powers, as outlined under List 1, will be implemented subject to agreement among political parties in Parliament.
  2. President’s Media Unit says a draft law for the Office of National Unity & Reconciliation has been sent to the Attorney General for Constitutionality review: law to be presented to Parliament shortly: The national action plan on reconciliation drafted by ONUR to also be presented to Cabinet soon.
  3. Central Bank prints a massive Rs.105 billion on 17th July, and provides money to the Govt for its expenses: IMF likely to be “displeased” as the CB has undertaken to desist from providing financing to the Govt under its agreement with the IMF.
  4. LKR continues to depreciate rapidly to reach Rs.328.65 per USD, from Rs.297.23 on 01.06.23: records a massive depreciation of Rs.31.42 (10.57%) in just one and a half months: business persons and would-be investors in a major panic: only “hot-money” investors in Govt T-Bills & Bonds enjoy incredible profits and gains.
  5. SJB General Secretary Ranjith Madduma Bandara says the Working Committee of the Samagi Jana Balawegaya has decided to expel Ministers Harin Fernando and Manusha Nanayakkara from the Party.
  6. Cabinet Spokesman Minister Bandula Gunawardana says the Cabinet has approved changes to the country’s income tax law applicable to superannuation funds to facilitate domestic debt restructuring: analysts say authorities are coercing the pension and provident funds who do not agree to extending the maturities of their Treasury bonds, to agree to be taxed at a huge 30%, instead of the current 14%.
  7. Cabinet Spokesman Minister Bandula Gunawardana says Govt has approved the increase of water and sewerage charges: asserts the financial viability and sustainability of National Water Supply and Drainage Board has to be assured.
  8. State Minister of Finance and SLPP MP Shehan Semasinghe says in Parliament that the Cabinet under then President Gotabya Rajapaksa took the decisions that bankrupted the country: SLPP leader Mahinda Rajapaksa was the Prime Minister and SLPP National Organizer Basil Rajapaksa was the Finance Minister in that Cabinet.
  9. Transport Minister Bandula Gunawardane says thefts of iron rods and iron nails at Dematagoda and Ratmalana railway yards and bridges are rampant at present: also says he will seek the assistance of the STF to provide security to these places: dodges the question raised by MP Dayasiri Jayasekera in Parliament that nails, nuts & bolts valued at Rs.286 million had been removed from the New Kelani Bridge by drug addicts.
  10. Pivithuru Hela Urumaya Leader and MP Udaya Gammanpila says the Cabinet has committed a collective offence against the Fauna and Flora Protection Ordinance by granting approval to cut down the Crudia zeylanica tree which is endemic to Sri Lanka.

Education Ministry Announces Term Dates for Government and Approved Private Schools

0

The Education Ministry has revealed the term schedule for Government schools and Government approved private schools, with the first school term of 2023 set to conclude on July 21 (Friday). Following this, the first phase of the second school term will commence on Monday, July 24.

In accordance with the Education Ministry’s directives, all term tests for the first term of 2023 must be finalized by July 21 (Friday), allowing for a smooth transition into the next phase of education.

This announcement provides clarity to students, teachers, and parents regarding the academic calendar and enables schools to effectively plan their educational activities. The Education Ministry’s proactive approach emphasizes the importance of structured term schedules for efficient teaching and learning.

By adhering to these term dates, Government schools and Government approved private schools can ensure a consistent and organized academic year, promoting a conducive environment for students’ educational growth and development.

Controversial Pastor Jerome Fernando’s Bank Accounts Under Investigation by CID

0

The Criminal Investigation Department (CID) has received court approval to investigate nine bank accounts linked to Pastor Jerome Fernando, who recently sparked outrage with controversial remarks made during a sermon. Colombo Fort Magistrate Thilina Gamage granted the order on Tuesday (18 July) following a motion filed by the CID.

The investigation will encompass multiple banks, including People’s Bank, Sampath Bank, HNB, DFCC, HSBC, NDB, and Seylan Bank, where the accounts associated with the self-proclaimed ‘prophet’ were opened. The probe will cover both Fernando’s personal accounts and those belonging to his private firm, church, and wife, Melanie Dianne Vancuylenberg.

Fernando’s sermon, which involved derogatory statements about Buddhism, Christianity, Hinduism, and Islam, sparked widespread controversy, leading to the CID launching an inquiry into the matter on 15 May, as directed by President Ranil Wickremesinghe.

Despite the CID’s request for an overseas travel ban against Fernando on 16 May, the pastor had already departed for Singapore on 14 May and has yet to return to the country. The ongoing investigation aims to shed light on the financial activities and potential implications surrounding the controversial religious figure.

Showers will occur in several provinces

0

Showers will occur at times in Western and Sabaragamuwa provinces and in Kandy, Nuwara-Eliya, Galle and Matara districts.

Several spells of showers will occur in North-Western province.

Mainly fair weather will prevail elsewhere over the Island.

Strong winds about (40-50) kmph can be expected at times in western slopes of the central hills, Northern, North-Central and North-western provinces, and in Monaragala, Hambantota and Trincomalee districts.

A challenge from Minister Tiran’s United People’s Party!

0

The United People’s Party (UPP) says that it is a serious crime for mainstream political movements in Sri Lanka to remain silent on many very important issues that need to be discussed immediately for the advancement of the country.

Below is the complete post that they have posted in this regard through social media.

The Secretary General of the United People’s Party is the Minister of Public Security Tiran Alas

Sri Lanka marks arrival of over 100,000 Russian tourists via direct flights

0

By: Staff Writer

Colombo (LNW): Foreign visitors from Russia and Ukraine, the two countries now threatening the world of an armed war amid escalated tension, helped Sri Lanka’s tourism recovery this year, the official government data showed highlighting over 100,000 tourist arrivals from the Russian Federation.

Sri Lanka marked a significant milestone by welcoming over 100,000 tourist arrivals from the Russian Federation through 314 direct flights to Bandaranaike International Airport (BIA) in Katunayake and Mattala Rajapaksa Inte-rnational Airport (MRIA).

Aeroflot, Azur Air, Redwings bring in 100,298 Russian tourists via 314 direct flights to Sri LankaRussian Ambassador to Sri Lanka Levan Dzhagaryan says bond between two countries set stage for growth in tourism, economic cooperation

AASL Chairman G.A Chandrasiri expresses gratitude for boost in Russian arrivals Aeroflot Captain Ermolaev Vladimir Vlaimirovich says Sri Lanka is worth visiting during anytime or any season SLCB Chief Thisum Jayasuriya highlights opportunities for MICE activities in SL

The Sri Lanka Tourism Promotion Bureau, in collaboration with the Airport and Aviation Services, organised a special ceremony at BIA yesterday to celebrate this milestone where a warm welcome for passengers and crew arriving on an Aeroflot flight from Moscow was extended.

Since 10 October 2022, a total of 100,298 Russian tourists have been brought to Sri Lanka through direct flights operated by Russian flag carrier — Aeroflot along with Charter flights Azur Air, and Redwings.

Russia ranks second largest source market for tourism in Sri Lanka with 112,993 tourists, contributing 17% of the total travellers arrived in the country so far highlighting the growing interest in the country among Russian travelers.

The ceremony at the BIA was attended by the Russian Ambassador to Sri Lanka Levan Dzhagaryan, the Airport and Aviation Services (Sri Lanka) Ltd., Chairman G.A Chandrasiri, Sri Lanka Convention Bureau Chairman Thisum Jayasuriya, former Sri Lankan Ambassador to Russia Udayanga Weeratungaas well as representatives from industry stakeholders involved in direct flight operations.

The event featured a cultural performance by a traditional dance troupe, which was highly enjoyed by Russian tourists.

Speaking at the ceremony Russian Ambassador Dzhagaryan said Russia is committed to supporting Sri Lanka’s tourism and economic revival, noting that the strong bond between the two countries set the stage for further growth in tourism cooperation and economic expansion.

This relationship signifies the strong bond between the two countries which is mutually beneficial. I can promise that the people of my country will visit Sri Lanka and bring over 200,000 next year. However, you all must promise a grand welcome like this again for them,” he quipped.

AASL Chairman Chandrasiri expressed his gratitude to all the stakeholders for their dedication to supporting Sri Lanka’s tourism industry and economy.

He thanked all the tourism and aviation officials, as well as industry stakeholders, for their support in bringing in a large number of Russian travellers.

Aeroflot Captain Ermolaev Vladimir Vlaimirovich extended his appreciation for the warm hospitality shown by the Sri Lankan people and praised Sri Lanka as an impressive travel destination.

Sri Lanka manufacturing sector suffers a setback in June 2023

0

By: Staff Writer

Colombo (LNW): Sri Lanka’s manufacturing sector continued its downward trend in June this year amidst expansion of services, Central Banks purchasing mangers index indicated.

Manufacturing PMI recorded an index value of 47.3 in June 2023, indicating the setback in manufacturing activities. This setback was contributed by subdued performance observed in all the sub-indices.

Production and New Orders declined, mainly driven by the manufacture of textile and apparel sector. As mentioned by many respondents, continued subdued global demand was the major reason for this decline, CB stated.

However, some improvement in New Orders and Production was observed in the manufacture of food and beverages sector with the reduction of prices by some manufacturers to increase the market demand. Employment and Stock of Purchases also decreased in line with the decline in New Orders and Production.

Many respondents mentioned that they tend to replace only the essential staff and also to maintain a minimum raw material stock.

Meanwhile, Suppliers’ Delivery Time remained shortened in June 2023 with the low order volumes during the month. Expectations for manufacturing activities for the next three months indicated an improvement, anticipating a gradual recovery in economic conditions.

Purchasing Managers Indices indicated an expansion in Services activities and a contraction in Manufacturing activities in June 2023.

Services sector PMI increased further in June 2023 recording an index value of 56.7, the highest reading since January 2022.

This was led by the increases observed in New Businesses, Business Activities and Expectations for Activity. Nevertheless, Backlogs of Works continued to decrease, while employment remained unchanged during the month.

New Businesses increased in June 2023 compared to May 2023 particularly with the increases observed in financial services, other personal services, insurance and professional services sub-sectors.

Business Activities experienced a continuous growth in June 2023 with improvements across most of the sub-sectors.

Accordingly, financial services sub-sector showed improvements driven by the gradual decrease in market interest rates. In addition, other personal services, education and professional services sub-sectors also exhibited positive developments during the month.

Nevertheless,wholesale and retail trade sub-sector experienced a continued decline in business activities, though there was some improvement in clothing and footwear businesses due to Hajj season.

Backlogs of Work also decreased at a higher rate during the month,while Employment remained unchanged from the level reported in May.

Expectations for Business Activities for the next three months continued to improve in June amid anticipated improvements in economic activities driven by policy rate cuts, strengthening of SriLanka Rupee, relaxation of import restrictions and moderation of inflationary pressures.

Variable May