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Veranga Pushpika to be produced to Court today

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Former President of the General Students’ Union of the University of Ruhuna who is in police custody is set to be produced before the Fort Magistrate Court today (28).

Pushipika was reportedly abducted by a group of people while he was finishing the protest held in front of the Fort Railway Station by the Collective of Trade Unions and Multi-people Organisations yesterday and it was later revealed that the ex Students’ Leader was taken into custody by the Colombo South Crimes Division.

Pushpika who is an active voice of the people’s struggle is accused of holding agitations on May 19, June 09 and June 10 in front of the Education Ministry in Isurupaya, Colombo Fort by violating a court order, being a member of an unlawful assembly, criminal coercion against police officers and damaging public property.

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President says protesters’ demands are accepted

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President Ranil Wickremesinghe accepted the demands made by anti-government protesters saying that the youths who are engaged in the people’s struggle want to change the country’s system.

The President made this observation during a meeting held at the United National Party Headquarters yesterday (27).

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President pays a sudden visit to Passport Office

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President Ranil Wickremesinghe today (28) has paid a sudden observation visit to the Passport Office in Battaramulla, reports confirm.

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Supreme Court issues notices to GR

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Former President Gotabaya Rajapaksa has been issued notices to appear before the Supreme Court.

This was when a fundamental rights (FR) petition lodged in the Supreme Court demanding that an order be issued to conduct a probe into those responsible for the economic crash in Sri Lanka was taken up for hearing yesterday (27).

Accordingly, Rajapaksa is expected to appear in Court on August 01 as ordered by the Bench led by the Chief Justice.

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SLT-Mobitel to implement new national plan towards new system change

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SLT-Mobitel has taken a major initiative towards transforming Sri Lanka to a smart nation further improving strategically important services and sectors while digitally empowering the people.

This was disclosed by Sri Lanka Telcom Group Chairman Rohan Fernando when he announced a national proposal to introduce the new system change of SLT-Mobitel to digitally empower citizens with digitalisation of identities and strong digital security and privacy.

He was addressing ceremony held in Colombo to unveil this plan of the SLT-Mobitel as the building block for new technological innovations that can strengthen digital commerce and e-governance in all aspects of operations critical to the county.

SLT-Mobitel has identified healthcare, education, transportation, agriculture, tourism, Judiciary and banking and finance as critical services and sectors that can thrive under this new system, more efficiently and transparently.

Mr Fernado noted that key issues currently facing the country can be addressed and critical sectors and services can be transformed into highly efficient, transparent, and profitable systems which in turn can transform people’s lives.

“The is to move the country towards e-governance and digital commerce he said adding that Mobitel has the broadest presence across the value chain and unparalleled capacity to meet the needs of tech companies, large cooperates, public and state institutions

The proposal by SLT-Mobitel aims to digitalise the healthcare sector and will revolutionise the industry.

It offers access to real-time information, remote patient monitoring, preventative care, timely assistance, healthcare analysis, and overall better patient care with data privacy and security.

SLT-Mobitel has outlined the steps to digitalise Sri Lanka’s education sector pointing out that the 10,000+ schools in the country can be provided high-speed internet access through the company’s expansive fibre network.

The processes can be automated through the introduction of digital tools and technology, while libraries can be digitised for inclusive and continued access officials said.


SLT-Mobitel proposes the digitalisation of the country’s transportation sector. From multi-modal tour plans, online ticket reservations, tracking apps for public transportation such as buses and trains, providing onsite WiFi and enabling cashless payments, Sri Lanka’s transportation sector has tremendous potential to be more efficient and productive.

T-Mobitel is driving the digitalization of Sri Lanka’s agri value-chain with the Helaviru Digital Economic Centre, a platform that will provide farmers easy access to information and insights, as well as a trading platform for transparent transactions.

The company is also accelerating digital adoption of farming communities through capacity building programmes and by introducing smart farming solutions.


It is currently developing a single web portal for all potential tourists to digitally enable the country’s tourism sector.

This platform will be a centralized tourism hub, providing tourists with the information they need to plan their own stays or connect them with tour operators who have pre-planned options.

This platform will also provide much needed data and insights on the visiting tourists, which can be used to further develop the industry.

SLT-Mobitel’s proposed solution is to fully digitalise the Sri Lankan judiciary system. From establishing a digitised record keeping process, to an automated platform to set hearing dates in commercial high courts, a virtual solution for court hearings when logistics become an obstacle, and the digital integration across other entities

. SLT-Mobitel’s vision in transforming the current banking and finance sector to meet the demands of this future will see the digitalisation of this critical sector, so it is able to support cashless transactions and become a catalyst to promote e-commerce in Sri Lanka.

IMF stresses the need of starting S L debt restructuring talks with China,

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The International Monetary Fund (IMF) said Sri Lanka should kick off debt restructuring talks with its bilateral lender China, while the island state’s government seeks a financing loan from the Washington-based fund.

“China is a big creditor, and Sri Lanka has to engage proactively with it on a debt restructuring,” Krishna Srinivasan, director of the IMF’s Asia and Pacific Department, told Reuters in an interview on Tuesday.

The island of 22 million is currently engulfed by its most severe economic and political crisis in recent history.

Six-time prime minister Ranil Wickremesinghe was recently appointed as president after a popular uprising ousted his predecessor following months of severe shortages of fuel, food and medicines.

The government recently decided to restrict fuel imports for 12 months.

The country owes Beijing some $6.5 billion in financing including development bank loans and a central bank swap, according to data from the Institute of International Finance (IFF).

The world’s second-largest economy has invested in projects such as highways, a port, an airport and a coal power plant. Japan and India are also bilateral creditors to Sri Lanka.

“Sri Lanka has to engage with its creditors, both private and official bilateral, on a debt workout to ensure debt sustainability is restored,” Srinivasan said, as he pointed out that technical talks on a new IMF program are ongoing with both officials from the finance ministry and the central bank.

Sri Lanka’s foreign ministry and central bank did not immediately respond to a request for comment. China’s embassy in Sri Lanka did not immediately respond.

The South Asian nation has requested an IMF rescue plan to overcome its worst economic crisis since independence in 1948. The country defaulted on a bond payment debt earlier this year on its $12 billion overseas debt with private creditors, as it struggles to pay for imports of basic goods.

“There are some areas where we need to make further progress,” Srinivasan added, but declined to specify the top reforms Sri Lanka should address in other to reach an agreement.

An Extended Fund Facility (EFF) programme from the IMF, which would be the fund’s 17th plan for the nation, requires countries to make structural economic reforms.

Maldives and Laos are other examples of countries in the region that are facing onerous debt situations.

Srinivasan said the fund is advising countries to “spend more in alleviating the impact on the poor and vulnerable but keeping budget neutral by reducing expenditures elsewhere or raising revenues where feasible.”

“It’s not just public debt, but also corporate debt and household debt – and that has implications for policy making,” he said. “The debt issue is very significant.

SL Regional Plantation Companies support national efforts to enhance food security

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Sri Lanka’s Regional Plantation Companies (RPCs) added their support to national efforts aimed at enhancing food security, with the launch of a new campaign to boost cultivation on RPC lands, while providing crucial assistance to their employees in mitigating the impact of increasing food prices.

In total, the 24 private sector-owned RPCs in the country have collectively either engaged in direct cultivation or provided assistance for the cultivation of short-term crops used for everyday consumption. These crops are produced for the consumption of over a million RPC employees and residents living in RPC estates and also in surrounding villages.

With the support of state authorities, RPCs have allocated lands and provided inputs like seed material and plant nutrients at their own expense. Up to now, with the assistance of the Plantation Human Development Trust (PHDT), the Department of Agriculture and Agrarian Services and the project’s beneficiaries, the RPCs have established around 578 model home garden plots and 7,000 home gardens.

Through the partnership, a total of 1,000 model gardens will be set up around Child Development Centers, in addition to a further 20,000 home gardens that will be developed within RPC estates.

Crucially, the initiative is not done for profit instead being solely focused on enhancing food security for estate sector communities. Some RPCs will also be assisting employees to sell surplus crops at concessionary prices generating further opportunities for income supplementation.

“Sri Lanka is in the midst of an unprecedented economic crisis coupled with an impending food shortage where there are families who cannot even afford 3 meals a day. As RPCs we’ve felt it incumbent on all individuals, organisations and communities that are able to take whatever steps possible to engage in food cultivation to mitigate this crisis.”

“By helping to sustain a large resident population, the RPCs aim to do their utmost to support this belated national effort to avert the coming food shortages.

Parallel to our efforts to expand cultivation, RPCs have also launched a series of initiatives to further insulate our employees from the impact of sharp increases in food prices by distributing food and essential rations, , and establishing community kitchens to provide nutritious meals,” Planters’ Association of Ceylon Media Spokesperson, Dr. Roshan Rajadurai said.

Responding proactively and aggressively to the potential threat posed by the food crisis, the RPCs have directly cultivated some extents while some cultivations have been planted together with the beneficiaries. The crops which have been cultivated under the initiative include manioc, yams, maize, potatoes, banana, chillies and vegetables such as brinjal, capsicum, leeks, beet and carrots.

The timely initiative will assist in mitigating the impact of the global food crisis and the sharp increase in local food prices on the plantation community.

Food prices in Sri Lanka rose by an unprecedented 76% in June 2022 on a year-on-year basis, as measured by the National Consumer Price Index (NCPI) of the Central Bank.

CPC to pay dealer commission only on restricted prices

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The Ceylon Petroleum Corporation (CPC) will reinstate its 2018 policy of paying commission to Corporation Owned (CoDo) and Dealer Owned (DoDo) dealers only on cap prices of Rs. 162 per litre on Petrol 92 with immediate effect.

A senior official stated that CPC has been paying commission of 2.75% to CoDO and 3% to DoDo on full – per litre cost, respectively, rather than just paying the commission on the fixed upper-limit cap price of Rs. 162, which was established in 2018 by then Finance Minister Mangala Samaraweera.

The official explained that, according to the agreement, CPC is required only to pay Rs. 4.86 commission per litre for 3% of the cap price of Rs. 162 regardless of any price hike.

But due to the abolishment of this policy, the CPC had to pay a 3% commission on the entire cost per litre.

“For instance, when Petrol 92 was priced at Rs. 470 per litre, CPC paid Rs. 14.10 in commission per litre whereas, according to the fixed upper limit cap price, it should have only been Rs. 4.86. With the new court ruling, CPC will only pay commission to dealers at the cap price of Rs. 162,” the official said.

Commenting further, the official also said that the court had also granted the approval to claim the overpaid commissions from all its dealers in Sri Lanka.

“With this court order, we will be able to recover Rs. 4.3 billion from roughly 700 fuel stations and save a minimum of Rs. 50 million on a daily basis. This is a significant accomplishment for us because now we can reduce fuel prices by approximately 8 rupees per litre,” the official added.

Last week, the CPC reduced the fuel prices accordingly. The new prices are as follows; Petrol 92 Octane – Rs. 450; Petrol 95 Octane – Rs. 540; Diesel – Rs. 440 and Super Diesel – Rs. 510.

Additionally, the CPC has urged customers to use the recently introduced fuel pass system, which involves registering a vehicle and receiving a QR code, in order to avoid waiting in line at gas stations.

Do President and PM resort to same old mistakes in history by adopting Emergency Bill?

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The Tamil Community should be given the opportunity to contribute to the money inflow amidst the current economic collapse befallen the country, TNA MP Shanakiyan Rasamanickam emphasised speaking in Parliament today (27).

Joining the debate on the adoption of the Emergency Bill, the TNA MP pointed out that economic zones should be established in the North and the East and expressed confidence that Ranil Wickremesinghe as the new President and Dinesh Gunawardena as the new Prime Minister as mature politicians may not commit the same mistakes as the leaders of the past. Accordingly, the two should provide the Tamil people with the opportunity to contribute to the country’s economy, he stressed.

Although it is possible to open doors to dollar infusion and investment opportunities by involving the Tamil community via the adoption of new constitutional reforms to address their political issues, the adoption of the Emergency Law speaks otherwise, begging the question whether the current rulers are resorting to the same mistakes committed by the leaders of the past, Rasamanickam noted.

The TNA MP further added that should the government want to see an end to the current people’s protests, it should not suppress them but bring about the reforms they demand.

MIAP

Bangladesh extends wishes for RW’s election as President

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Bangladesh has extended its wishes to Ranil Wickremesinghe on his election as the President of Sri Lanka.

In a letter, the Prime Minister of the Government of the People’s Republic of Bangladesh said the two nations are celebrating fifty years of solidarity and friendship based on historic linkages, shared values and cultures, mutual respect and multitude of commonalities.

The Bangladesh Prime Minister noted that the relations of cooperation with the friendly people of Sri Lanka will continue.