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Sri Lanka Business Promotion Dialogue to Boost SME Growth in the UK

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In a significant move to support Sri Lankan entrepreneurs in the United Kingdom, the High Commission of Sri Lanka in London, in collaboration with NLC Consultants – UK, hosted the inaugural “Sri Lanka Business Promotion Dialogue” on 31 January.

The event aimed to foster business development for Sri Lankan startups and SMEs in the UK, facilitate international market expansion for Sri Lankan-origin products, and enhance employment opportunities for Sri Lankans residing in Britain.

Delivering the opening remarks, Minister (Commercial) of the High Commission, Somasena Mahadiulwewa, emphasized the event’s importance as a platform to strengthen Sri Lankan entrepreneurship in the UK.

He outlined the long-term vision of the initiative, which includes a series of similar events across various UK regions.

Ultimately, the mission is to establish a dedicated SME Entrepreneurs’ Hub at the High Commission, aligning with the new Sri Lankan government’s policies and the strategic guidance of the Ministry of Foreign Affairs, Foreign Employment and Tourism, and other relevant ministries.

A key highlight of the event was the address by Ranganath Abeykoonge, a Fellow Chartered Accountant and Managing Director of Sonic Builders, London. Sharing his journey from corporate roles, including experience at TK Maxx, to successfully running his own business, Abeykoonge provided invaluable insights and motivation to aspiring entrepreneurs.

He encouraged young Sri Lankans to explore business opportunities in the UK, emphasizing the potential for creating employment for fellow Sri Lankans.

The event also featured an insightful presentation by Thilak Dharmarathne, a past member of the Sri Lanka AAT Council and an MBA holder.

As a director of NLC Consultants – UK, Dharmarathne discussed strategies for business growth and market penetration, equipping attendees with practical knowledge to navigate the competitive UK business landscape.

Adding further value to the discussion, a panel of experts led by Minister (Commercial) Mahadiulwewa provided specialized guidance on crucial aspects of business management and operations in the UK. Chartered Accountant Nayana Kularathne covered the essentials of maintaining company accounts and tax compliance, while Sri Lankan lawyer and NLC Consultants – UK Director Heshan Mathugamage elaborated on the startup process for businesses. UK Solicitor Mohamed Sameen addressed legal considerations, and HR Consultant Kosaka Perera discussed UK employment policies, offering clarity on key human resources and regulatory frameworks.

Minister (Commercial) Mahadiulwewa also highlighted trade incentives available for Sri Lankan exporters under the UK’s Developing Countries Trading Scheme (DCTS), introduced by UK authorities in June 2023. He detailed UK product labelling requirements, food and product standards, and outlined investment and tourism opportunities available in Sri Lanka.

Government Strengthens Data Systems for Enhanced Food Security Management

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The Food Policy and Security Committee convened under the leadership of Minister of Trade, Commerce, Food Security, and Co-operative Development, Wasantha Samarasinghe.

The meeting took place at the Presidential Secretariat.During the meeting, the importance of a strong data system to make policy decisions related to food security was strongly emphasized.

Minister Wasantha Samarasinghe pointed out that accurate data and information are crucial when making decisions related to food security, and the government is not willing to take the risk of making decisions without such data.As a result, discussions were held on prioritizing the development of a proper data and information system.

Additionally, the committee focused on ensuring the uninterrupted supply of essential food items and maintaining price control during the Sinhala and Tamil New Year.The purchase of paddy was also subject to in-depth discussion.

The committee discussed expanding the networks of Cooperative and Lanka Sathosa outlets to provide essential goods to consumers at affordable prices.Minister Samarasinghe gave instructions to committee members to take necessary steps to prevent food wastage as well.

Several key areas were also discussed, including developing a National Food Security Policy Framework, maintaining an essential food information system, introducing a new program based on internationally recognised standards, and increasing local production and distribution through scientific, evidence-based strategies. The meeting further addressed food security, food pricing, and market management.

Key concerns discussed included ensuring the uninterrupted supply of essential food items during the Sinhala and Tamil New Year season and maintaining price controls on these goods.

 A significant portion of the discussion was dedicated to the paddy purchasing process, particularly the loan facilities provided to mill owners for purchasing paddy. The necessity of conducting a thorough review of the quantities purchased under these loan schemes was also emphasised.

The meeting also focused on expanding the Cooperative and ‘Sathosa’ networks to provide essential goods at affordable prices to consumers. Additionally, strategies were discussed to regulate prices and create a consumer-friendly market.

Sri Lanka and IMF Discuss Economic Policies amid Fiscal Challenges

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The International Monetary Fund (IMF) and Sri Lanka recently engaged in further discussions on key economic issues, focusing on tax policies, revenue management, and public sector efficiency. On Sunday, February 10, IMF Executive Director Dr. Krishnamoorthy Subramanian met with Prime Minister Harini Amarasuriya at her office in Colombo to review these matters.

According to a statement from the Prime Minister’s Office, the meeting emphasized the necessity of tax policy reforms and revenue optimization while also exploring strategies to enhance the effectiveness of the public sector. Additionally, Prime Minister Amarasuriya outlined the government’s long-term development plans, stressing policies aimed at ensuring economic stability and fostering sustainable growth.

The discussions come at a time when the Sri Lankan government is attempting to modify certain conditions agreed upon under the IMF-supported Extended Fund Facility (EFF) program. However, economic experts, including former Deputy Governor of the Central Bank of Sri Lanka (CBSL) Dr. W.A. Wijewardena, warn that these constraints may pose challenges in meeting revenue targets.

Dr. Wijewardena pointed out that the government’s fiscal policy is significantly influenced by two major factors: the loan agreement signed with the IMF by the previous administration and the requirements stipulated under the Economic Transformation Act. These commitments make it difficult for the government to achieve its revenue target of 15.1% of GDP for 2025, which equates to approximately Rs. 5.5 trillion.

To meet this target and secure the next tranche of the IMF’s financial assistance, Dr. Wijewardena emphasized the need for new taxes. He noted that without additional tax measures, the country might fail to meet the required revenue levels, potentially jeopardizing the fourth installment of the IMF’s EFF program and violating the provisions of the Economic Transformation Act.

One contentious issue is the property tax, which had been proposed by the previous government as part of its negotiations with the IMF. The current administration has abandoned this tax, creating a revenue shortfall that must be compensated through alternative taxation measures.

Due to these financial constraints, the government’s ability to allocate funds for public welfare programs remains limited. Dr. Wijewardena stated that budgetary policies must align with both IMF obligations and the fiscal targets set by the Economic Transformation Act, making it challenging to introduce significant relief measures for the public.

 As Sri Lanka continues its economic recovery efforts, balancing IMF commitments with the nation’s financial needs remains a critical challenge for the administration of President Anura Kumara Dissanayake. The coming months will be crucial in determining how the government navigates these fiscal hurdles while striving for sustainable economic growth.

Cabinet Approves Recruitment of 7,456 for Government Institutions

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The Cabinet of Ministers has granted approval to recruit 7,456 personnel for vacant posts in various government institutions under the relevant ministries.

Review by Officers’ Committee

Cabinet Spokesperson Minister Dr. Nalinda Jayatissa announced that the decision was based on a resolution submitted by the Prime Minister and approved during the Cabinet meeting held on February 9, 2025.

The Officers’ Committee, appointed to review government sector recruitment and staff management, analyzed requests from respective ministries to identify essential vacancies in departments and institutions.

Key Highlights of the Decision

  • 7,456 vacancies across various ministries will be filled.
  • The Officers’ Committee was established on December 30, 2024, under the Secretary to the Prime Minister to assess recruitment needs and priorities.
  • Recruitment will be conducted based on necessity, priority, and time frames, ensuring efficient government service management.

This strategic recruitment aims to strengthen the public sector workforce and enhance the efficiency of government institutions.

No Power Cuts on Poya Day as CEB Manages Demand

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The Ceylon Electricity Board (CEB) announced yesterday that there will be no power cuts today (11) as the electricity demand is lower due to the Poya holiday.

Following the nationwide power outage last Sunday, all three generators at the Norochcholai Coal Power Plantbecame inoperative, leading to scheduled power cuts of one-and-a-half hours on the 9th and 10th of February to manage electricity demand.

Norochcholai Restoration Progress

CEB Chairman Dr. Tilak Siyambalapitiya stated that efforts are underway to expedite the restoration process at Norochcholai, and full capacity is expected to be added back to the national grid by Friday, February 14.

“We believe we will be able to restore the power supply to normal within the next three to four days. By February 14, we expect full restoration, which would eliminate the need for demand management. However, we are also working to restore power earlier than expected, and if successful, we will notify the public in advance,” he said.

Technical Challenges at Norochcholai

Dr. Siyambalapitiya further explained that Norochcholai is Sri Lanka’s strongest coal power plant, generating the highest electricity output from coal. However, due to its protection mechanisms, the plant cannot be restarted immediately after a sudden shutdown.

“Even if there is a sudden power outage, the Norochcholai power plant cannot be stopped at once, nor can it restart immediately. When it is stopped, there is an immense steam build-up. That is the technology. It takes around four days to restart all three generators,” he explained.

The CEB assured that ongoing power cuts may be reduced in the coming days as restoration progresses.

New Mosquito Species Exclusive to Sri Lanka Discovered

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new mosquito species unique to Sri Lanka has been discovered through extensive research, according to entomologist Gayan Sri Kumarasinghe of the Medical Research Institute (MRI).

This newly identified species has not been reported in any other country, making it exclusive to Sri Lanka. Scientists have found that this mosquito feeds on both animal and human blood, raising concerns about its potential to transmit viruses from animals to humans, posing a significant public health threat.

Ongoing Research and Genetic Confirmation

Research on this mosquito species has been ongoing for about a year, and gene identification tests conducted in South Korean laboratories have confirmed its distinct genetic makeup. However, the species remains unnamed, with plans in place for its official naming and unveiling in the near future.

Over the past five years, the Medical Research Institute has identified four new mosquito species, underscoring the evolving entomological landscape in Sri Lanka.

This research is being conducted under the guidance of MRI Director Dr. Suranga Dolamulla and mosquito expert Dr. Rohitha Muthugala. Scientists emphasize the importance of continued surveillance and control measures to mitigate the potential health risks posed by this new mosquito species.

Government Assures Attorney General’s Role Remains Amid Plans for Independent Prosecutor’s Office

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The Government’s decision to establish an Independent Prosecutor’s Office will not abolish the position of the Attorney General (AG) or the AG’s Department, ensuring that both institutions will function concurrently to uphold justice without legal loopholes.

Cabinet Spokesperson Minister Dr. Nalinda Jayatissa made this statement yesterday during the weekly Cabinet decisions press briefing at the Department of Government Information (DGI) premises.

Strengthening Justice and Prosecution

Minister Jayatissa emphasized that the new Independent Prosecutor’s Office will be a significant step forward in ensuring justice and independence in the prosecution of crimes. It will operate with greater capacity than the AG’s Office, focusing on issues of prosecutorial independence and addressing past concerns regarding political influence and bias.

He further stated that the new office will be free from allegations that have affected the AG’s Department in recent times, ensuring greater public confidence in the legal system.

Formation of an Expert Committee

As a preliminary step, the Ministry of Justice and National Integration has proposed forming an expert committeeto lay the groundwork for the Independent Prosecutor’s Office. This committee will comprise:

  • The Attorney General (AG) or two representatives nominated by the AG
  • The Secretary to the Justice Ministry
  • A senior judge with expertise in criminal law
  • The President of the Bar Association of Sri Lanka (BASL) or a representative nominated by the BASL President

This committee will be responsible for drafting preliminary plans for the structure, scope, and functions of the new prosecutorial body.

Public Consultation and Policy Alignment

Minister Jayatissa confirmed that the Justice and National Integration Ministry will seek public and civil society input before finalizing the concept paper for the Independent Prosecutor’s Office.

This initiative aligns with the National People’s Power (NPP) Government’s policy vision, “A Thriving Nation and a Beautiful Life,” aiming to enhance transparency, accountability, and the rule of law in Sri Lanka.

Fair weather prevails over the areas of the island

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A few showers may occur in Batticaloa, Ampara, Matale, Badulla and Polonnaruwa districts. Showers may occur at a few places in Galle, Matara, Kaluthara and Rathnapura districts in the evening or night.
Mainly fair weather will prevail over the other areas of the island.

Misty conditions can be expected at some places in Western, Sabaragamuwa and Central provinces and in Galle, Matara, Badulla and Kurunegala districts during the morning.

Sacred Waters, Pure Hearts—Let’s Keep Manik Ganga Clean!

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By – Puli

February 11, LNW (Colombo): The Manik Ganga, a sacred river flowing through Katharagama, and the nearby Sella Katharagama River are being increasingly polluted by food waste and plastic.

These rivers hold deep spiritual and cultural significance, attracting thousands of pilgrims and visitors who come to cleanse themselves in its holy waters. However, the rising pollution threatens both the environment and the sanctity of these revered sites.

One of the main causes of pollution is the improper disposal of plastic and food waste by visitors. Without proper waste management, discarded plastics end up in the river, harming aquatic life and diminishing the river’s natural beauty. To prevent this, authorities should implement stricter penalties for littering and ensure an adequate number of waste bins are placed strategically around the area. Additionally, awareness campaigns should educate pilgrims and tourists on the importance of maintaining cleanliness in these sacred spaces.

By taking these measures, we can preserve the purity of the Manik Ganga and Sella Katharagama River for future generations.

Dr. Brian W. Cole Stresses Adaptability and Innovation at Colombo Air Symposium 2025

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Dr. Brian W. ColeAssociate Dean at the Eisenhower School, National Defense University, emphasized the critical importance of adaptability and innovation in navigating evolving global and regional security challenges at the Colombo Air Symposium 2025.

Adapting to Emerging Threats

Dr. Cole noted that historical engagements have demonstrated the necessity of adaptability, particularly as global power dynamics shift toward great power competition. He stressed that nations must remain vigilant against complex threats posed by both state and non-state actors, requiring strategic innovation to counter evolving security risks.

Space Technology as a Strategic Asset

Highlighting the increasing relevance of space technology, Dr. Cole pointed out its role in:

  • Global trade and supply chains
  • Environmental monitoring
  • Technological advancements

He urged countries to view space not just as a military domain but as a collaborative platform for peace, technological progress, and shared prosperity.

Indian Ocean Rim: A Strategic Nexus

Dr. Cole emphasized that the Indian Ocean Rim serves as a critical hub for global trade and security, with nearly 70% of the world’s sea lines of communication passing through the region. Given its geopolitical significance, he called for multilateral cooperatin to safeguard maritime stability, stating:

Threats and the Need for Unified Security Efforts

Dr. Cole identified key security threats in the Indian Ocean, including:

  • Piracy
  • Human trafficking
  • Illegal fishing
  • Environmental degradation

To combat these challenges, he advocated for seamless coordination among navies, air forces, and coastguards to ensure maritime security.

Turning Challenges into Opportunities

Dr. Cole concluded that proactive cooperation and technological advancements, particularly in space technology, can transform regional security challenges into opportunities for enhanced maritime safety and economic growth.

The Colombo Air Symposium 2025 continues to serve as a platform for strategic discussions on the future of defense, innovation, and international security collaboration.