November 18, Colombo (LNW): The newly formed Cabinet under the National People’s Power (NPP) government took their oaths before President Anura Kumara Dissanayake today (18), marking the beginning of a new political chapter in Sri Lanka.
The swearing-in ceremony is currently being held at the Presidential Secretariat in Colombo, reflecting the NPP’s commitment to establishing a streamlined and inclusive government.
The Cabinet includes 21 members, amongst them Prime Minister Dr Harini Amarasuriya, who also holds the portfolio for Education, Higher Education, and Vocational Training. The appointment of Deputy Ministers is expected in the coming days.
Prime Minister Dr. Harini Amarasuriya: Minister of Education, Higher Education, and Vocational Training
Vijitha Herath: Minister of Foreign Affairs, Foreign Employment, and Tourism
Prof Chandana Abeyrathna: Minister of State Administration, Provincial Councils, and Local Government
Harshana Nanayakkara: Minister of Justice and National Coalition
K.D. Lal Kantha: Minister of Agriculture, Lands, Irrigation and Livestock
Ramalingam Chandrasekaran: Minister of Fisheries, Aquatic and Oceanic Resources
Saroja Savithri Polraj: Minister of Women and Child’s Affairs
Sunil Handunnetti: Minister of Industries and Entrepreneurship Development
Prof. Hiniduma Sunil Senevi: Minister of Buddhist, Religious and Cultural Affairs
Prof. Upali Pannilage: Minister of Rural Development, Social Security and Community Empowerment
Anura Karunathilake: Minister of Urban Development, Construction and Housing
Bimal Ratnayake: Minister of Transport, Highways, Ports and Civil Aviation Services
Ananda Wijepala: Minister of Public Security and Parliamentary Affairs
Dr. Nalinda Jayatissa: Minister of Health and Mass Media
Samantha Vidyaratna: Minister of Plantation and Community Infrastructure Development
Sunil Kumara Gamage: Minister of Youth and Sports Affairs
Wasantha Samarasinghe: Minister of Trade, Commercial, Food Security and Corporate Development
Prof. Krishantha Abeysena: Minister of Science and Technology
Prof. Anil Jayantha Fernando: Minister of Labour
Eng. Kumara Jayakody: Minister of Energy
Dr. Dhammika Patambedi: Minister of Environment
Meanwhile, President Anura Kumara Dissanayake continues to retain the Ministries of Defence, Finance, Economic Development and Digital Economy.
November 18, World (LNW): In what should have been a groundbreaking moment in human history, whistleblowers testified before a United States Congress sub-committee regarding the existence of “non-human biologics” associated with Unidentified Anomalous Phenomena (UAPs)—a politically accurate rebranding of the term UFOs.
The testimonies suggested decades of secrecy surrounding extraterrestrial encounters, yet the public reaction was strikingly indifferent.
Why did this mass revelation fail to ignite curiosity or debate, a sharp contrast to the feverish enthusiasm for extraterrestrial life that defined prior decades?
Why did the public’s priorities evolve into a muted response to what was once considered the ultimate mystery?
The congressional hearing presented testimony from former intelligence officials, including David Grusch, who alleged that UAPs of non-human origin had been recovered and studied in secrecy.
Whilst the claims were sensational, the evidence provided was frustratingly thin—offering little beyond anecdotal accounts and classified reports.
Congress Hearing in November, 2024
The public’s apathy may partly stem from a lack of concrete proof. Without physical artefacts, detailed footage, or scientific analysis, even the most credible whistleblowers struggle to convince a populace inundated with digital manipulation and conspiracy theories.
Unlike the iconic Roswell incident or the grainy UFO photos of the 20th century, these claims lacked a tangible, visceral hook.
Over the decades, humanity’s fascination with extraterrestrial life has evolved alongside advancements in science and technology. In the mid-20th century, UFO sightings captivated audiences largely because they played into Cold War anxieties and the burgeoning Space Age. Films like Close Encounters of the Third Kind and television shows such as The X-Files thrived on this collective intrigue.
However, as science provided clearer perspectives on the vastness of the universe and the unlikelihood of human contact with alien life, the magic of UFO lore began to fade.
Congress hearing in November, 2024 | Photo: Eric Kayne/Stars and Stripes
In addition, the proliferation of fake news and doctored videos on social media has eroded public trust in extraordinary claims. What was once a thrilling “what if?” has become just another dubious headline in an oversaturated information landscape.
Another key factor is the overwhelming array of real-world crises that dominate public consciousness. Climate change, political instability, economic inequality, and public health emergencies like the Covid-19 pandemic have reshaped global priorities. When the immediate survival of the planet and its inhabitants is at stake, speculations about alien visitors feel like a luxury of a more innocent era.
Moreover, these crises have made people more sceptical of institutions, including governments and the military.
Congress Hearing in July, 2023
Claims of secret programmes and cover-ups surrounding UAPs now fall into a wider narrative of distrust, blending seamlessly with other conspiracies but failing to stand out.
Paradoxically, the lack of public interest may reflect an underlying shift in collective attitudes towards extraterrestrial life. Recent advancements in astronomy and astrobiology have normalised the idea that microbial life may exist elsewhere in the universe. The James Webb Space Telescope and missions to Mars are actively searching for signs of life, albeit in forms far less dramatic than Hollywood’s imagined aliens.
In this context, the idea of “non-human biologics” no longer feels alien—it feels plausible but unremarkable.
This scientific grounding may have unintentionally demystified the topic, making dramatic claims of alien encounters seem less captivating than they once were.
Another contributor to public disinterest is the fragmented media landscape. In the past, major revelations were filtered through a handful of authoritative channels, giving them weight and urgency.
David Grusch, a former National Reconnaissance Officer, testifies July 26, 2023 before Congress about alleged Pentagon programme to retrieve and study downed UFOs | Photo: Jack Gruber/USA Today
Today, however, news competes with viral TikToks, streaming content, and an unending barrage of notifications. Even significant events struggle to hold public attention unless packaged as a spectacle.
The UAP hearings, despite their extraordinary implications, were largely procedural and devoid of theatricality. Compared to the daily drama of politics or the sensationalism of celebrity scandals, they felt dry and inaccessible.
Without an emotional or visual element to engage audiences, the revelations failed to capture the imagination.
Beneath the surface, there may also be a deeper psychological factor at play: existential ennui. For decades, humanity has grappled with the implications of being alone in the universe. Yet as scientific progress expands our understanding of existence, it also exposes our insignificance within the cosmos.
For some, the possibility of alien life is no longer a question of excitement but one of existential dread. Rather than igniting hope, such revelations may provoke discomfort about our fragility and the unknown.
Copyright AP Photo
In this context, indifference is a coping mechanism—a way to avoid confronting the profound questions these revelations raise.
If humanity is to engage meaningfully with the possibility of extraterrestrial life, better communication strategies are essential. Policymakers and scientists must present these topics in ways that resonate with the public, combining rigorous evidence with accessible narratives.
Incorporating art, storytelling, and education could reignite public interest. Historical milestones, from the moon landing to the discovery of exoplanets, have shown the power of weaving science with human drama.
Future revelations about alien life must strike a similar chord if they are to transcend apathy.
Retired U.S. Navy Rear Adm. Tim Gallaudet said he saw a video of an inexplicable flying object during training exercises nearly a decade ago. Photo: Anna Rose Layden/Shutterstock
The muted response to congressional UAP revelations reflects a complex interplay of societal factors: a deluge of competing crises, evolving scientific perspectives, and the fragmentation of media. This response also denotes the challenge of making the extraordinary feel urgent in a world accustomed to endless spectacle.
Whether humanity is ready or willing to confront the implications of extraterrestrial life remains an open question. What is clear, however, is that our collective indifference speaks volumes about the priorities and anxieties of our time.
For now, the search for aliens continues—not just amongst the stars, but in the recesses of our own imaginations. The truth is out there, but so are lies.
November 18, Colombo (LNW): The upcoming Cabinet under President Anura Kumara Dissanayake’s leadership is expected to embody inclusivity, featuring women MPs and representatives from all three of Sri Lanka’s major ethnic groups, according to insider sources.
The new administration, led by the National People’s Power (NPP), aims to showcase diversity and equitable representation within its governing framework.
Prime Minister Harini Amarasuriya will continue in her role, maintaining stability at the helm of the government. President Dissanayake, in addition to his presidential responsibilities, will oversee the defence portfolio.
The Cabinet will comprise 24 members, including the President, highlighting a streamlined approach to governance.
The NPP’s resounding victory in the 2024 General Election has shattered records, marking the first time a single party has secured more than two-thirds of the 225 parliamentary seats under the current proportional representation system.
The party claimed 159 seats, establishing a dominant position in the legislature. Notably, the NPP achieved victory in all but one electoral district, with Batticaloa being the sole exception.
Following the announcement of election results, JVP General Secretary Tilvin Silva reflected on the significance of the mandate, describing it as a call for meaningful change.
He emphasised that the government would treat the public’s overwhelming endorsement with humility and focus on delivering on their aspirations.
Silva also assured that the administration would resist any tendency towards arrogance stemming from their unprecedented success, committing instead to a government centred on public service.
With the NPP’s strong majority, expectations are high for swift and impactful reforms to address long-standing socio-economic challenges and fulfil the promises made during the campaign.
As the Cabinet prepares to be sworn in this (18) morning, the government’s ability to balance ambition with humility will be closely observed by citizens and political commentators alike.
November 18, Colombo (LNW): Showers will occur at times in the Northern and Eastern provinces, and fairly heavy showers about 50 mm are likely at some places, the Department of Meteorology said in its daily weather forecast today (18);
Showers or thundershowers will occur in Western, Sabaragamuwa, Central, Southern, Uva, North-western and North central provinces during the evening or night.
Fairly heavy showers above 75 mm are likely at some places in Western and Sabaragamuwa provinces and in Galle and Matara districts.
Misty conditions can be expected at some places in Western, Sabaragamuwa, Central and Uva provinces and in Galle and Matara districts during the morning.
The general public is kindly requested to take adequate precautions minimise damages caused by temporary localised strong winds and lightning during thundershowers.
Marine Weather:
Condition of Rain:
Showers or thundershowers will occur at several places in the sea areas off the coast extending from Mannar to Hambanthota via Kankasanthurai, Trincomalee and Batticaloa. Showers or thundershowers will occur at several places in the other sea areas around the island during the evening or night.
Winds:
Winds will be Easterly or North-easterly in the sea areas around the island. Wind speed will be (15-30) kmph in the sea areas around the island. Wind speed can increase up to (40-45) kmph at times in the sea areas off the coasts extending from Mullaitivu to Puttalam via Kankasanthurai and Mannar.
State of Sea:
The sea areas extending from Mullaitivu to Puttalam via Kankasanthurai and Mannar can be fairly rough at times. The other sea areas around the islandwill be slight to moderate. Temporarily strong gusty winds and very rough seas can be expected during thundershowers.
President Anura Dissanayake will present the Government Policy Statement at 11:30 am on November 21, during the inaugural session of the 10th Parliament: In line with constitutional provisions, the statement will outline the government’s vision and upcoming initiatives, marking the ceremonial commencement of Parliament’s new session, which begins at 10:00 am.
SJB Chairman Imthiaz Bakeer Markar expresses confidence in the party’s resilience despite potential challenges following its election defeat, comparing it to the UNP’s recovery in 1970: rules out leadership changes, citing historical examples like the JVP’s eventual success: affirms the SJB’s ability to overcome setbacks, rectify shortcomings, and reclaim political ground in the future.
The National People’s Power (NPP) announces the names nominated to fill the 18 National List MP seats won by the party in the 2024 parliamentary election: Bimal Niroshan Rathnayake; Dr. Anura Karunathilake; Prof. Upali Pannilage; Eranga Udesh Weerarathna; Aruna Jayasekara; Dr. Harshana Sooriyapperuma; Janitha Ruwan Kodithuwakku; Punya Sri Kumara Jayakody; Ramalingam Chandrasekar; Dr. Najith Indika; Sugath Thilakaratne; Lakmali Kanchana Hemachandra; Sunil Kumara Gamage; Gamini Rathnayake; Prof. Ruwan Chaminda Ranasinghe; Sugath Wasantha de Silva; Abubakar Adambawa (Digamadulla District); Ranthnayake Hettige Upali Samarasinghe (Vanni District).
All GCE A-Level preparatory activities, including lectures and classes, will be prohibited from midnight on November 19, with legal action against violators: Enhanced supervision addresses past issues as 333,185 candidates, including 253,390 school students and 79,795 private applicants, prepare for the exams, scheduled from November 25 to December 20.
Iranian Ambassador Alireza Delkhosh congratulates Sri Lanka on its successful parliamentary election, lauding its democratic strength: expresses hope for enhanced political, economic, and cultural ties under the new government, emphasising Iran’s commitment to bilateral cooperation, inter-parliamentary exchanges, and supporting Sri Lanka’s economic growth: highlights the longstanding relationship between the two nations and prospects for deeper collaboration.
Sri Lanka’s 2024 parliamentary election ushered in unprecedented change, with 146 of 196 elected MPs being first-time representatives: The National People’s Power (NPP) dominated, securing 141 seats, including 130 newcomers: Other parties, including the SJB and ITAK, also introduced fresh faces: With national list appointees pending, Parliament is expected to see over 150 new MPs in total.
An IMF team, led by Senior Mission Chief Peter Breuer, arrives in Sri Lanka for a third review of the country’s reform programme under the $2.9 billion Extended Fund Facility: If successful, the review will release the next bailout tranche: The IMF has disbursed over $1 billion to support Sri Lanka’s post-crisis recovery.
Three SriLankan Airlines planes at Bandaranaike International Airport were grounded for technical maintenance, causing flight cancellations and delays: Affected flights included services to and from Chennai, New Delhi, and Melbourne: Passengers were informed, and alternative flights arranged: The airline emphasised that post-flight technical checks are essential and time-consuming, ensuring safety and reliability for operations.
Police arrest four suspects in Mattakkuliya for involvement in an abduction linked to the notorious ‘Ava Group’ criminal gang: Two suspects, connected to the gang, were lured and assaulted by individuals allegedly acting on instructions from Dubai: The incident followed threats issued via TikTok, with videos of the assault shared as retaliation. Investigations are ongoing.
Sri Lanka’s new Cabinet and Deputy Ministers will be sworn in today (18) at 10 am before President Anura Kumara Dissanayake: The 10th Parliament, with over 175 new MPs, will convene on 21 November: A special counter will collect MPs’ details on 19–20 November, according to Secretary General Kushani Rohanadeera.
November 16, Colombo (LNW): It is reported that Sports Director General Shemal Fernando, who went to appear in the Asia Rugby official election, was not given the opportunity to represent. The Director of Sports, in an ethically unacceptable move, appointed the Acting President of the disbanded Rugby Administration as a facilitator for Rugby, claiming it was done at the request of former Sports Minister Harin Fernando and World Rugby.
Accordingly, Director General Shemal Fernando was made the respondent by the media for many big issues. The Director General, facing allegations from the media suggesting he was manipulating the rugby agenda for personal interests, was ultimately exposed when it was revealed that the former president was preparing to attend the office election and annual general assembly of Asian Rugby held in Bangkok. Accordingly, he was not prevented from participating in that work which is against the law, and even though the Director General went to Bangkok, he was not allowed to vote in the office election.
In order to give that opportunity, due to the non-enforcement of the law regarding the damage done to the rugby in Sri Lanka, the director general has been sent to Sri Lanka empty-handed, without the intervention of the people who have gone to the Asian level. International media reports indicate that 29 votes were cast, with 17 going to the former president and 11 to Ada Milby, the president of the Philippines, who contested against him. The total comes to 28 instead of 29, as Sri Lanka’s vote was not counted. The current Asian president did not get the vote in Sri Lanka for the first time, and the then president who left to vote used the vote for the Japanese candidate who was competing against him at the time.
Because of that resentment, the Asia President was able to facilitate matters such as not considering discrimination against Sri Lanka because the Ministers, former and those who hope to enter the administration as well as government officials stood up for the needs of the Asia President.
The true intent behind this desire became clear when the unusual administrative body known as the Stabilization Committee, appointed by Minister Roshan Ranasinghe and later declared invalid by the court, was established. At the very outset, they attempted to alter the existing constitution by highlighting the need for changes that would grant power to rugby-playing clubs of that caliber.
We have repeatedly pointed out that the Director General of Sports is confined to serving their interests, with those who have agendas lurking in front of him to target the foundation. The demand for power by those sports clubs emerged primarily due to the continuous and repeated revelations by lankanewsweb.net. They are avoiding the issue of Sri Lanka Rugby’s 55 million debt while those in power at the sports clubs they refer to hold authority. The representatives of these clubs, who claim to have or can secure assets to spend millions on rugby, fail to mention the problem of the 55 million debt in Sri Lanka Rugby’s account.
Furthermore, they remain silent on the fact that the £50 fine should be imposed on those who represented the administration, which stated that the fine should be deducted from the funds allocated for the development of rugby in Sri Lanka. This is because these individuals were appointed through the sports clubs that are demanding power. In the process of socializing these matters and continuously informing the public through the media, they seem to believe that they can conceal the truth by gaining more power. This belief led them to engage in the effort to change the constitution, aiming to create this influence.
Once the Stabilization Committee is appointed, you will witness a word made by its chairman in the context of introducing other sports clubs, in addition to the 8 clubs he names, as part of the comparative matters discussion. “Not even a clubhouse” The sports clubs he says do not have this shortcoming. They are places where you can taste liquor in royal style. How many times have the annual evaluations of the stadium buildings and the income they generate been altered? What is the valuation of a construction or business in relation to such venues? We are not implying that they should not receive concessions.
Such things need to happen for the sake of the game. However, in our view, it is unethical to suggest that those who seek to rise through such luxuries, while belittling and devaluing the struggles and difficult conditions of the same sport, should wield the power they possess. If those who came from very humble beginnings, not just in the world but also in our country, had given up because of their circumstances, today there would be no president named Anura Kumara Dissanayake in this country. That is the truth. Therefore, even though these top sports clubs feel through this video that they are royally taking the key to rule the rugby and are humiliating and embarrassing other sports clubs, they are taking over the heavy task of reducing inequalities from the lower stage to the upper stage of the people and trying to adjust the system of the state accordingly. Will a ruling government agree to this constitutional amendment?
Dinesh Priyanth is a man who knows the world around his village as well as Anura Kumara understands the world politically. Had he studied with the most limited resources, qualified as a soldier, gone to war, and not been disabled, he would not have had to take up the spear to strive for the conquest of the world. Such an unfortunate inheritance was a gift for him, but how many stories are there of people who simply fell by the wayside due to the lack of sports in those schools?
Even today, when we read the 100 meters race with the character of Mudalihami, which we learned as children, we see children from distant villages who encounter many moments where they aspire to become like Mudalihami.
We believe that not only the rulers of the state but also government officials, whether knowingly or unknowingly, have played a part in enabling the effort to seize power for these elite sports clubs. The reason for this may lie in the platform we have created for those who have borrowed and had to pay fines, highlighting the need for different constitutional changes. We take pride in that. By pointing out issues such as collecting debts from the royal class, holding wrongdoers accountable without paying the fines incurred for their mistakes from the development funds received from World Rugby, and at least investigating and punishing those wrongs, the royal sports clubs were criticized.
We have come to understand that the conflict in Rugby field represents a battle of a class determined to protect the princes who make decisions and are responsible for these mistakes. As far as we know, there are no individuals in that royal society who think in terms of class, placing sports clubs in the same category as schools.
A clear example of this is National People’s Power and Prime Minister Harini Amarasuriya. However, there are old minds who still cannot accept the power of the less influential, and they continue to chatter and make jokes. They only engage with the country through songs they sing for fun, once their own class’s needs are fulfilled. We are aware that this unfortunate situation is still impacting the Director General of Sports.
We raised all these concerns now, respecting his history of capable and honest administration. Much of what has been discussed here is information he has been aware of for some time. We believe that, despite offering watered-down responses to many of these issues, he must understand the seriousness of the situation. The clearest example of this is the obstruction of the election held in Bangkok, along with blaming the facilitator for how it was conducted. However, we believe there is more to this situation than what we are aware of.
Thanuja Weerakkodi, a highly talented player who represented Sri Lanka, is currently going abroad for a women’s rugby development program. There is no doubt about her talent. However, in the current situation, it is unclear which leader she has aligned herself with.
If those expenses are covered by Rugby’s accounts, it represents a serious mistake in using Rugby’s funds for months without transferring control to a constitutionally appointed administration.
All these actions are closely related to wrongdoing. While there may be ways to untangle some of the issues, the knots of conscience will torment them until the end. The response given by the Director General of Sports, who is taken aback by all of this, is brief, yet it carries a deeper meaning: “When the new minister is appointed, we will meet after the meeting!”
We believe there is much to unpack in the response given by the Director General of Sports. Not all citizens have perished in a country where power was once determined by the worship of the cobra rising from the Kelani River. If they are caught at this moment and the rust and decay of their intellect are not removed, not only the corruption but other flaws will rise to the surface, appearing like lifeless corpses.
November 17, Colombo (LNW): The government of People’s Power, under President Anura Kumara Dissanayake, has decided not to sell or divest SriLankan Airlines but retain ownership, in contrast to what the previous administration had planned for the financially troubled airline.
This decision comes after a notable shift was seen, as the airline showed signs of returning to profitability this year, according to an official statement.
The previous administration initiated the privatization process of the national carrier through the State-Owned Enterprises Restructuring Unit, with an express intention to divest some its ownership.
Former Cabinet later discarded the privatization plan and opted to consider other models for divestment.
But the current government is keen to retain SriLankan Airlines within the state-controlled system, Prof. Anil Jayantha, Chairman of the NPP Economic Council, said, owing to its non-replaceable role in developing tourism.
It has been placed beyond any full or partial sale and is emphasizing more on perfecting the management through a new internal model.
By that time, the previous Cabinet had already moved to absorb US$510 million of the airline’s debt, in order to sweeten it for private investors.
The government was planning to sell at least 51 percent of the state-owned enterprise. SLA has long faced financial difficulties, rooted in legacy operational problems and costs associated with past debt.
In the recent past, SLA has been receiving periodic financial support provided by the General Treasury through equity injections and loan guarantees, among other forms. In the first half of 2024, the government approved a Rs. 5 billion equity contribution to support the continued cash flow difficulties.
Despite the hard financial environment, SLA has recorded a total revenue of Rs. 63.8 billion in Q1 of the financial year 2024/25, which depicts a decline of 12.7% from Rs. 73.1 billion recorded during the same period of 2023/24.
Excluding finance charges and exchange differences, SLA recorded a pre-tax profit of Rs. 0.6 billion during the period, down considerably from the Rs. 8.0 billion profit seen during the first quarter of 2023/24.
However, when finance charges and exchange differences were included, the SLA Group had revealed a net loss of Rs 12.9 billion in the three months ending in 2024/25 from a net profit of Rs 25.8 billion a year ago.
In March 2024, the Cabinet of Ministers approved treasury-guaranteed debts of USD 210 million and Rs 31.4 billion (approximately USD 100 million) to be taken off the books of SriLankan Airlines onto the Government’s balance sheet, reducing the airline’s debt burden.
The NPP government’s decision to retain SriLankan Airlines in the hands of the state will be a strategic one for tourism strengthening, with long-term stability of the airline and an internal restructuring process in view of its financial improvement.
November 17, Colombo (LNW): Sri Lanka is implementing an integrated smart city initiative, with the aim of merging digital technologies in daily life, enhancing efficiency and sustainability while improving the quality of living among citizens.
It finds its flagship example in the Colombo Port City project, which is being developed incorporating sustainable design and smart city principles.
The development boasts five signature precincts, namely the Financial District, Central Park Living, and The Marina, all coming together to seal its position within Sri Lanka’s blueprint for an intelligent tomorrow.
In this transformation process, the most important role is being played by the “National Digital Economy Strategy 2030”, which targets intensive digital literacy across the board to trigger innovation and attract investment.
Included in these initiatives are the need for enhanced digital skills and technological fluency to ensure access for all citizens to the benefits accruable from a smart city.
Key elements in making the flourishment of a smart city include inclusive urban planning and engaging a cross-section of stakeholders, from government officials to local communities. In this way, such a participative approach will make sure that technological advancement serves the needs of all citizens.
Bringing together scholars and practitioners from various disciplines is very important also to make sure that smart technology benefits all strata of the population.
In this instance, research and development also involve health impact assessments and the tuning of projects for various stakeholder needs.
The most recognizable project under this program is “A Smarter Sri Lanka,” in collaboration with Sri Lanka Telecom.
This program, so far, has integrated smart technology from smart TVs and homes to smart lighting systems with the intention of creating a networked society where people’s lifestyles are seamlessly connected to essential services.
Its increasing participation in international forums, such as the Thailand Smart City Expo 2024, is a mark of its presence in the international smart technology playground.
It was organized by DEPA, the digital economy promotion agency of Thailand in association with N.C.C Management, making it the biggest smart city exhibition in Southeast Asia with innovation exhibits in telecommunications, energy, urban living, industry, mobility, the environment, and healthcare.
The Sri Lankan Embassy in Thailand arranged free exhibition space for local companies during the exposition and they were allowed to show their capabilities.
Companies like Venora Lanka Power Panels Ltd. and Azend Technologies Ltd. have displayed products in smart energy management, automation, and telecommunications, indicating Sri Lanka’s competitive advantage in the international arena within the technology sector.
Smart city developments aim to enhance citizens’ well-being, promote sustainable environments, and upgrade public services through digital technologies such as AI.
Nevertheless, this movement toward digitization imposes potential risks on deepened inequalities in the case of a lack of consideration for inclusivity.
Open, participatory planning will be essential in order to ensure that smart city projects serve a range of diverse needs and support wellbeing and inclusive growth.
November 17, Colombo (LNW): A team from the International Monetary Fund, headed by Senior Mission Chief Peter Breuer, will be visiting Colombo between November 17 and 23 for the third review of Sri Lanka’s economic reform program under the Extended Fund Facility of the IMF.
The review would lie with an assessment of the government’s economic policies, especially in terms of recent adjustments, and the next installment of the loan release.
The expected key areas the third review is supposed to cover include:Fiscal Adjustments: The review of fiscal measures, both on the revenue and expenditure sides;Structural Reforms: The privatisation commitments and recent policy reversals;Debt Restructuring: Progress under the debt restructuring process after the previous agreements.
A team led by Krishna Srinivasan, Director of the IMF’s Asia Pacific Department, visited Sri Lanka in October 2024 and discussed the forthcoming review with President Anbura Kumara Dissanayake and Prime Minister Harini Amarasuriya, amongst others.
The IMF praised the commitment of the government to reforms, amidst resistance in bringing the budget in line with the IMF targets and retaining economic stability.
Sri Lanka, rebounding after an economic crisis in 2022, has already secured three tranches of $360 million each. However, risks to the recovery include a deceleration in reform momentum, regional conflicts, instability in commodity prices, and delays with debt restructuring.
The IMF mission has underscored the modernization of monetary policy in Sri Lanka through a shift to flexible inflation targeting, which includes structural and economic reforms.
Such reforms involve the phasing out of monetary financing and the modernization of the monetary policy framework of the Central Bank. The IMF did raise a roadmap on how this should be done to ensure more financial stability with effective monetary policy conduct.
Other recommendations included adjustments to the Reserve Maintenance Period, SRR requirements, and liquidity monitoring. Clearer distinction was also suggested on monitoring versus forecasting and improving internal communication to ensure that the implementation of policies was well executed.
The IMF remains committed to supporting Sri Lanka through this period of adjustment in rebuilding a more stable financial future for the country.
November 17, Colombo (LNW): Iranian Ambassador to Sri Lanka Alireza Delkhosh has expressed confidence in the expansion of political, economic, and cultural relations with Sri Lanka in the aftermath of the recent parliamentary elections within the country. He congratulated the Government and people of Sri Lanka for their democratic process, viewed by him as a solid foundation to start strengthening bilateral relations.
He drew on the traditional friendship that has existed between Iran and Sri Lanka while expressing his hope for the new government to encourage cooperation in very vital areas.
He also highlighted how much room there was for deeper inter-parliamentary exchanges and diplomatic collaboration while committing Iran’s determination to support Sri Lanka’s economy.
The Ambassador showed eagerness by Tehran to increase economic involvement with Sri Lanka in spite of U.S. sanctions against its government.
This comes at a very critical time for Sri Lanka, which faces severe economic challenges and urgently needs to attract foreign investment and increase its trade.
Over the years, Iran and Sri Lanka have signed agreements spanning many sectors of the economy, science and technology, media, and tourism.
One well-known agreement is the $514-million Uma Oya hydropower and irrigation project completed with Iranian assistance.
Sanctions delayed this project, supposed to improve irrigation, provide drinking water and electricity to some of the poorer regions of Sri Lanka.
While Wickremesinghe was more partial towards better relations with the West, the new administration sought stronger ties with the U.S. and Israel, hence its decision to join the U.S.-led naval coalition and ink the air connectivity deal with Israel.
For its part, Iran hopes for increased ties on the economic front, amidst sanctions: trade, economic cooperation, maritime connectivity.
The developing partnership with Sri Lanka fits into Iran’s policy of strengthening its influence within the Indian Ocean Region. Sri Lanka, due to its geographical position and proximity to main sea routes-such as that of Malacca-is an important partner for Iran, which is additionally seeking regional coalitions-including proposals for a naval coalition that would involve India and Pakistan.
Expressed in other words, the present economic crisis of Sri Lanka, coupled with years of mismanagement, corruption, and reliance on imports, makes foreign partnership more vital than before.
Sri Lanka’s muddling economy has at least allowed for creative solutions like the barter trade agreement with Iran. In December 2021, Sri Lanka exported tea worth $20 million to Iran, partially clearing its $251 million oil debt due to Tehran without hurting its foreign currency reserves.
The Iran-Sri Lanka relationship is a reflection of how domestic and global pressures shape bilateral ties. Both nations are faced with internal challenges and geopolitical shifts as they try to redefine partnerships.
Iran wishes to present itself as a reliable partner to countries in such economic straits, but at the same time try to avoid being entangled deeper into conflicts like the Gaza war, which may potentially have wider ramifications on its diplomatic and economic goals.