Tuesday, May 20, 2025
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1 Industries Minister Wimal Weerawansa being welcomed by Deshamanya Dr. Laksiri Peiris


2 Industries Minister   Wimal Weerawansa and Members of Parliament from Kalutara District  Jayantha Samaraweera and Sanjeewa Edirimanna laying the foundation stone 


3 Deshamanya Dr. Laksiri Peiris (extreme right) pointing at a replica of the Baduraliya Factory Complex 


4 Industries Minister Wimal Weerawansa addressing the gathering 


5 Deshamanya Dr. Laksiri Peiris addressing the gathering 

With local manufacturers assuring 80% self-sufficiency in ceramic manufacturing the government will continue its policy of import restriction and import substitution, Industries Minister Wimal Weerasinghe said recently. 

“Not only in tile and ceramics, but lot of businesses had to face hardships with the introduction of  import restrictions due to the devaluation of the rupee and dwindling of foreign reserves. As such the government will not turn back on its policy of import substitution and encouraging local manufacturing,” Industries Minister Wimal Weerawansa said at the laying of foundation stone of a ceramic manufacturing plant in Baduraliya, which is to be built at a cost of Rs four billion.    

Due to the fall out of the Covid-19 global pandemic, in 2020 March Government introduced import restrictions on non-essential goods as foreign reserves showed signs dwindling,  which was extended to include all import items except pharmaceuticals and fuel on 1 April 2020.  

Although on 2 February this year Government issued a gazette notification   relaxing the import restrictions on selected tiles and ceramic products only on a minimum 180-day credit facility provided by the foreign supplier. However, the Import and Export Control Department on 3 February  reversed this policy by issuing new operating instructions for Sri Lanka Customs and all commercial banks to suspend the implementation of regulation No.3 and 4 of the Gazette Extraordinary No.2213/8 dated February 02, 2021, in terms of Imports and Exports Control Act No.1 of 1969 read with  Regulations No.17 of the Gazette Extraordinary No.2184/21 dated 16,2020.

According to Central Bank of Sri Lanka, ceramics exports in 2019 which amounted to USS 30 million plummeted to US$ 24 million in 2020.     

TPS Ceramic Industries (Pvt.) Ltd. the recent-most entity to join Sri Lanka’s largest ultra-modern sanitary-ware and ceramic trading company and distributor – Puwakaramba Group of Companies (PGC), will create history with the laying of the foundation stone of a state-of-the-art ceramic manufacturing plant on 16 December 2021 at Baduraliya. 

Located in the PGC Factory Complex situated in a picturesque corner of the Kalutara District, TPS Ceramic Industries aims to become a formidable player and join other local players in order to nearly double the domestic ceramic production from its current 40% to 75%-80% of the total consumption needed for Sri Lanka, in the near future, in line with the vision of the government to encourage import substitution. The ambitious project is projected to cost Rs four billion and is slated to create over 400 direct job opportunities. 

Poised to become one of Sri Lanka’s largest ultra-modern ceramic manufacturing plants, TPS Ceramic Industries’ Baduraliya Plant is poised to kick start its manufacturing process of three ceramic and sanitary-ware product lines by the end of 2022 and thereafter increase to 12 product lines in the upcoming years. The main objectives of the Baduraliya Plant are to contribute positively to the country’s economy, assist in cushioning the excessive pressure on Sri Lanka’s balance payment and foreign reserves through import substitution and employment generation. 

TPS Ceramic Industries’ state-of-the-art plant situated along the Hedigalle Road in Horagoda Estate, Baduraliya was ceremoniously opened under the patronage of    Hon. Wimal Weerawansa – Minister of Industries and Members of Parliament from Kalutara District  Jayantha Samaraweera and Sanjeewa Edirimanna,  in the presence of a host of distinguished invitees. 

Puwakaramba Group of Companies (PGC) Founder Chairman Deshamanya Dr. Laksiri Peiris addressing the gathering had this to say:-
“Puwakaramba Agencies which started as a small retail hardware shop on 7 November 1985 with just two employees, has now grown to over 500 employees and has a dealer network of over 5,012 today. The Group has given birth to numerous subsidiaries, namely- Puwakaramba Agencies, TPS International, PGC Marketing, Metro Auto Mart, Silkway Cargo, Elegant Homes  & PA Manufacturers. We created history in 2016 by establishing the largest warehouse capacity in Sri Lanka and today, yet again, we are laying the foundation for one of the largest manufacturing operations in Sri Lanka as far as the construction industry is concerned.” 

Puwakaramba Group of Companies’ new factory complex in Baduraliya, declared opened by Dr. Laksiri Peiris on 30 August 2021;  kicked off the commencement of the production of 100% locally-manufactured products widely used in the construction field such as Ceiling Grids, PVC Ceiling Panels, G.I. Tubes, C-Purlins & C-Channels. Spread across a 30-acre land, this premises possess ample opportunity for vast expansions and future additions to its product portfolio.

Prior to import restrictions, PGC handled a staggering import capacity of 475 – 500 containers per month, a vehicle fleet of over 85 and a combined warehouse capacity of 356,000 square feet.
 “As a subsidiary of Puwakaramba Group of Companies (PGC) – TPS Ceramic Industries will focus tremendously on offering the latest, best quality ceramic and sanitary-wear products for our customers. We will continue to invest in manufacturing, logistics and warehousing in order to give better service to our customers.” 
In addition to one of Sri Lanka’s largest warehouse complex related to the construction industry at Horana, PGC also boasts state-of-the-art warehouses in Mount Lavinia, Katubedda, Habarana and Suwarapola (Piliyandala) and in conjunction with its 30th anniversary the  Group added two more warehouses to its Regional Warehouse Complex in Habarana.

Dr. Laksiri Peiris thanked all customers and stakeholders who helped in no mean measure to make the ‘Puwakaramba Group’ a household name in Sri Lanka. 

One of Sri Lanka’s largest importers, manufacturers and distributors of hardware items –  Puwakaramba Group of Companies (PGC) strives to be amongst the top 100 companies in Sri Lanka.  PGC’  vision is to be the best business partner of its customers and of its suppliers and the   mission  is to constantly strive to meet or exceed its customer needs and expectations of price, service, and selection, while establishing a successful relationship with its customers and its suppliers.

AMS announces its observations on controversy involving post intern appointments

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The Association of Medical Specialists has announced its observations on the recent controversy regarding post intern appointments, notably raised by the Government Medical Officers’ Association (GMOA), in a letter addressed to the Ministry of Health.

Easter Carnage: Ringleader Zahran held ties with Army Intelligence?

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Ravi Seneviratne, former Senior Deputy Inspector General of Police of the Criminal Investigation Department (CID) was summoned to the Department yesterday (21) morning and questioned for over 05 hours related to the Easter Sunday Carnage.

During the interrogation, Seneviratne unravelled the ties between Zahran Hashim, the ringleader of the pack of suicide bombers responsible for the massacre, and the Army Intelligence units, sources closer to the Police Headquarters divulged.

The former senior DIG also revealed that the Army Intelligence had deliberately misled the CID by producing false information about extremist Islam organisations in Sri Lanka, and that the manner in which they had dealt with the suicide bomber in Dehiwala was suspicious, the sources added.

Seneviratne had previously produced statements before the Malalgoda Commission and the Parliament Select Committee (PSC) appointed to probe the massacre. His statement before the Special Presidential Commission was obtained for more than 14 hours.

Seneviratne was appointed as the Chief of the CID in 2012 and acted as the Senior DIG in charge of the Department until his retirement on December 31, 2019.

Meanwhile, Reverend Father Cyril Gamini speaking to the briefing held in the House of the Archbishop yesterday (21) questioned whether the truth behind the Carnage was still being concealed after 32 months of its occurrence due to the alleged involvement of the President and the current government.

In his statement, Fr. Gamini added that what can be seen is an act of covering the truth up and that it would be a question as to why there were no attempts being made to uncover the truth, if neither the President nor the government has any involvement.

He reminded that two commission reports had been submitted regarding the attack and that the government should be held accountable for wasting public funds if it did not implement the recommendations revealed in the report along with the names of those responsible for the massacre.

Had the names of those involved been announced at a preface, the truth behind the attack would be revealed to the world, Fr. Gamini emphasised.

Minister of Transport agrees to increase bus fares!

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The Lanka Private Bus Owners’ Association states that State Minister of Transport Dilum Amunugama has agreed to increase bus fares in comparison to the increase in fuel prices. During the discussion between the Minister and the Private Bus Owners’ Association, approval was given to increase the bus fares.

Accordingly, the new bus fares are due to be announced next Wednesday and the State Minister of Transport has instructed the National Transport Commission to decide on the amount of bus fares to be revised.

However, the All Ceylon Private Bus Owners’ Federation and the Southern Provincial Bus Owners’ Association did not participate in the discussion. The unions say they have not been invited to the talks.

Secretary of the All Ceylon Private Bus Owners’ Federation Anjana Priyanjith says that his association does not agree to an increase in bus fares. Anjana Priyanjith also states that the most suitable solution is to provide a fuel subsidy as fuel prices are revised from time to time.

The CPC burden has now fallen on the people because of those who ruled the company for years! – Asela Sampath

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Asela Sampath, Chairman of the Public Rights Protection Foundation, says that the Petroleum Corporation has gone bankrupt and the burden has fallen on the people due to the reckless rule of the ‘political Appuhamis’ who ruled the CPC for a long time.

He says the company has a large number of employees and a large sum of money goes into their pay overtime pay.

He says that in the current situation, the increase in the price of food items due to the increase in fuel prices is unavoidable and the control price in restaurants will also be removed as it is no longer possible to maintain a control price.

Fuel prices in India still higher than ours: CBSL Chief

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The fuel price had to be increased again due to the exchange crisis but efforts are being made to control the supply of fuel through the move, said the Governor of the Central Bank of Sri Lanka Ajith Nivard Cabraal.

Such a move the outflow of foreign exchange will be controlled to some extent, he noted.

The CBSL Governor also added that subsidies cannot be provided for fuel due to the exchange crisis and point out that despite allegations that fuel prices have been soared to an unbearable level, fuel is still being sold in Sri Lanka at a price lower than India.

Following the price hike, a litre of premium petrol is sold for Rs. 210 in Sri Lanka, but in India the figure is Rs. 264, he added.

MIAP

CBK endorses Colombo University students’ response against new Chancellor

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Former President Chandrika Bandaranaike Kumaratunga said the response of the Colombo University students against the new Chancellor at the graduation ceremony was very accurate.

The people have the right to protest against the wrong decisions taken by the government in a democratic manner in a democratic country, the former President emphasised, adding that what those students demonstrated that day was their democratic rights.

She added that all the people of the country should be committed to protect democracy and that such events reveal that the young generations are now coming forward.

MIAP

https://www.facebook.com/watch/?v=476082130720082&t=0

Vehicle importers insist on government to introduce survival plan

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Sri Lanka’s vehicle importers have urged the government to introduce a credible survival plan as well as the fullest support of the government to overcome their present difficulties.

They made this call following Finance Minister Basil Rajapaksa’s recent statement that vehicles will not be imported in 2022 even after halting car imports for two years.

Several leading vehicle importers told the Business Times that most of them are undergoing financial difficulties maintaining their business premises and paying off bank loans, rent and the salaries of their employees.

Majority of small and medium scale motor traders are on the verge of bankruptcy as the used car trade is almost out of business due to very low demand, they added.

Issuing a media release, the Vehicle Importers Association of Sri Lanka (VIASL) said that the government announced that the importation will be “reviewed in December 2020” and then in March 2021 they stated that they are considering a “Quota system” for vehicle importation.

In October 2021, various statements were made regarding a scheme in which local taxes could be paid in US dollars and vehicles to be imported without a dollar outflow last year.

This system was rejected by the Finance Ministry and it is simply evident that these are strategies by the officials to control the “price bubble” and to defer the issue in hand, vehicle importers said.

The local vehicle assembly scheme promoted by the government does not appear to have met its objective as it has drastically reduced the government revenue while sending out a considerable amount of dollars, they claimed.

When considering the assembling data, VIASL estimated the tax revenue loss for the government to be around Rs.6 -7 billion in 2020/2021.

For the same period around US$50– 60 million (estimate) has been sent out of the country to import components/spare parts required for assembling.

Former Ceylon Motor Traders Association Chairman Gihan Pilapitiya told the Business Times that it is time that the government offers the all-important automotive trade some breathing space by accommodating a quota system on imports.

Although, the trade understands the current status of affairs of the government on the currency reserve platform it is critical that the government understands the realities of the trade and being accommodating on whatever the areas they can, so that leaving aside making profits, each company can survive in the short term, he said.

Two critical aspects are to look at the currency outflow due to increasing import bill for spare parts for maintaining older vehicles, (leave aside the pollution factor) and the ability of each legitimate company to meet their overheads.

Maybe in the current state of affairs a quota to cover overheads; based on the number of employees would be a good start that can be extended over the years when things improve, he suggested.

Power supply to some parts of the island will be suspended at night again!

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The Ministry of Power and Energy states that the power supply to some parts of the island will be suspended at night due to a technical fault in one of the generators of the Norochcholai Thermal Power Plant.

Accordingly, if the system does not have the required capacity to manage the situation, power some areas will have to be cut off for 30-45 minutes at night, said Power and Energy Ministry spokesman Sulakshana Jayawardena.

However, he said that this was a temporary situation and that the technical fault of the third generator at the Norochcholai power plant was being rectified and that it would be reconnected to the system as soon as the repairs were completed.

Wijedasa Rajapaksa hints that the next PM could be Basil…?

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Wijedasa Rajapaksa, Member of Parliament for the SLPP says that President Gotabhaya Rajapaksa will inevitably appoint Basil Rajapaksa as the Prime Minister if the opportunity arises.

He said that if Basil Rajapaksa made such a request, the President would not be able to ignore it.

However, Wijedasa Rajapaksa stated that Basil Rajapaksa could not fulfill his responsibilities as the Minister of Finance or the post of Prime Minister.

Wijedasa Rajapaksa said this in an interview with a YouTube channel.