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Finance Minister Rajapaksa meets India’s Prime Minister Modi

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Finance Minister Basil Rajapaksa who has left for India yesterday has met India’s Prime Minister Narendra Modi. The two have paid focus on a number of areas including agriculture, tourism and fisheries.

India’s Prime Minister Modi has stated that India has always been a close friend of Sri Lanka and that India will stand by Sri Lanka whenever necessary.

The bilateral discussion has also paid focus on developing renewable energy sources in the island nation as well as the introduction of digital identity cards and Prime Minister Modi has promised that it India will extend all necessary support to that end.

The two have also exchanged views on the development of the Buddhist tourism industry.

MIAP

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Jasmin Akter: From Rohingya refugee camp to Street Child World Cup

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“Sport has been something that has given me this new life. If I didn’t play sports, I don’t think I would be sitting right here with this opportunity. I would be depressed.”

Jasmin Akter is a Rohingya refugee who resettled in the UK when she was just eight years old.

The 21-year-old, who lives in Bradford, captained England in the final of the Street Child World Cup in May 2019 and was named one of the BBC’s 100 most inspiring and influential women in the same year.

Sport has changed her entire world, and it is through that she has been able to use her voice to highlight the importance of allowing women from her community to play.

‘We had to starve or beg because there was no-one else to help us’

Before Akter was born, her parents were forced to flee from Myanmar (formerly Burma) because of the “ethnic cleansing” of the Rohingya people, as described by the United Nations.

They relocated to the Nayapara refugee camp in Bangladesh, which borders Myanmar.

A decade later, Akter’s father died suddenly just months before she was born, and for the first eight years of her life, she lived in a refugee camp.

“In terms of our day-to-day life within the camp, I’d say there’s no word to describe it. When I compare my life now to then, I feel like that wasn’t even a life,” Akter says.

“We were living off rations and obviously if we ran out, we had to starve or beg because there was no-one else to help us.”

Akter lived in the refugee camp with six family members, including her mum, in one room.

“Conditions-wise, the facilities there were pretty bad,” she says.

“I did not have any privacy because obviously I’ve got six family members and we were all stuck in a small room. I did not have my own room, even to use the toilet.”

Life in the camp was a stark contrast to life in the UK, where Akter has since passed her GCSEs and is now at university.

“It was a completely different life because when I was at the camp I did not have access to education, access to basic human rights,” Akter said.

“I couldn’t go to schools in the camp because the environment of school was pretty bad. If you were late you’d get beaten up and, because of that brutality, I did not want to go school.

“When I was there I didn’t even know there was a world outside the camp. I’ll be honest, I did not know that there was another country because I couldn’t go to school.

“The first thing I did when I came to the UK was to be enrolled to a school. Here you can do whatever you want to do, there’s no-one to stop you. You have all the rights.”

In 2014, Akter and her mother went back to the refugee camp in Bangladesh to visit her grandmother, who had fallen ill. It was there that her mum had an accident which left her paralysed.

Akter became her carer, balancing her studies and sporting activities.

“It changed everything,” she says. “I was only 13 then. I didn’t have a father. My siblings were all under 18. There was no-one to raise us in the family. There was no-one to support us.

“I went into deep depression. I used to lock myself in the room and had suicidal thoughts, although luckily I didn’t do anything stupid because if I did I would have regretted it.”

Helping the next generation to break down barriers

After leading England to the Street Child Cricket World Cup final in 2019, Akter gave a speech at the Houses of Parliament, highlighting the problems young women from her community face in sport.

“Because I am a girl, I have been discriminated against a lot. I have been questioned a lot for who I am because I come from a society where girls playing sport is classed as wrong,” Akter said.

“There’s that stereotype where if you’re a girl, you’re meant to stay at home – don’t even think about working, your job as a female is to stay in the kitchen and cook.

“When I started playing sport, I had people coming to my family members and saying: ‘Tell your daughter to stop playing sport, she’s ruining the reputation, our reputation.'”

Because Akter experienced a backlash from her own community for playing sport, she now helps the next generation to break down barriers and stereotypes.

“I have coached a few females who want to play cricket just for fun. They want to go out there and break those cultural barriers,” she said.

“Regardless whether you’re female or male, it’s really important that you do what your heart asks you to do. If you want to play sport, you play sport. That is why I feel like it’s really important to break stereotypes.”

As well as being named in the BBC’s list of 100 inspiring and influential women, Akter was also named sportswoman of the year at the Bradford Sports Awards in 2020. She also won in the sport category at the Yorkshire Asian Young Achiever Awards in 2021.

Her coach and mentor Ijaz Khan, who met her when she was 13, is proud of how far she has come.

“Jasmin has not had many privileges in life,” he said.

“Look at her backstory. She’s become very resilient in terms of some of the issues that she’s faced. I can’t even begin to imagine what those difficulties must have been like.”

As Akter reflects on her journey, she feels pride too.

She says: “If there was an eight-year-old Jasmin in the camp right now, they’d want to become this person.

“I’d say if someone sees me right now, they would feel proud.”

BBC Sports

Electricity bill to soar? Final decision today

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The Ceylon Electricity Board (CEB) has reportedly decided to increase the electricity bill in response to the increasing production cost triggered by the fuel price hike.

However, by which percentage should the amount be soared is yet to be decided, and therefore, a special discussion is being held in this regard today, reports added.

At present the CEB is incurring an annual loss of Rs. 250 billion, compelling the state-run body to surge the electricity bill with no other option, senior CEB officials noted.

The revision in the electricity bill will be taking into account the skyrocketed fuel prices, the surge in production costs and the surge in losses incurred per unit of electricity. Failure to increase prices during the last nine years may also be taken into account, correspondents revealed.

Meanwhile, the Water Supply and Drainage Board stated that the water bills are also likely to soar, should the electricity bill be increased. The cost of water supply will also increase given that electricity is used to pump water, it added.

MIAP

BOI Export Processing Zones exclude from power cuts 

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The Energy Ministry has issued a directive to the Ceylon Electricity Board to provide power supply to 14 Export Processing Zones in the country to enable all factories in those zones to continue its operations without power interruptions.

This Directive was issued by the newly appointed Power Minister Pavithra Wanniarchchi after a meeting with high ranking officials of the Board of Investment (BOI) including its Chairman Raja Edirisuriya and Director General Renuka Weerakoon yesterday afternoon. 

BOI officials informed the minister that the country will lost massive revenue if the BOI factories are closed down due to power disruptions.

TheY noted that the jobs of around 500000 factory workers are at stake if this situation continues and the factories will not be able to fulfill their orders  by sending their products  on time to foreign buyers.  

The Ceylon Electricity Board has been directed not to disconnect export zones under the BOI during power cuts with immediate effect. 

Sri Lanka is now in the grip of five to three -hour power cuts a day amid a drought and disruptions to fuel supply from forex shortages

“Foreign orders will get cancelled and buyers will move to competitors in other countries including Bangladesh,” a senior official said, adding that order losses of one company can impact the entire value chain and potentially lead to job losses.

Sri Lanka apparel factories were the badly affected entities in free trade zones as it needs to continue their operations daily  day and night.    

Garments are Sri Lanka’s second largest foreign exchange earner and the sector was just seeing a pandemic recovery with export earnings increasing by 22.1% to $514 million this January, compared with January 2021.

Overall, the sector has about 300 factories that generated revenues of $5.4 billion in 2021.

“The situation is now critical as plants are coming to a halt due to lack of diesel for generators, staff transport and goods transport,” a head of a factory said.

Yohan Lawrence, secretary general of the Joint Apparel Associations Forum, which represents the largest apparel companies in Sri Lanka noted that the government has given assurances that help is on the way..

With fewer operating hours, workers are likely to get paid one third less this month as they don’t work over-time, he said.

The fuel shortage has also forced the company to suspend free transport to workers. Since many private busses are stuck in fuel queues for hours, some workers opt to walk to work, starting out as early as 6 a.m.

SL Tourism earnings top US $ 500mn in first two months

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Sri Lanka’s pandemic-hit tourism industry is confident of a strong resurgence and a 500 million US dollar revenue for the financial year ending in March 2022 with at least 50,000 arrivals per month, industry representatives said.

“What we have observed in other destinations is that the fewer the controls, the higher the arrivals,” President of the Hotels Association of Sri Lanka (THASL) Sanath Ukwatte told EconomyNext on Thursday (30).

“However, even before this new relaxation and the UK’s announcement on moving Sri Lanka out of the red list, our arrivals were increasing. We are quite confident that in this financial year (ending March 2022), we will be able to earn at least 500 million dollars or a little bit more than that,” he said.

The Indian Ocean island nation’s health ministry on Tuesday announced that it will relax COVID-19 restrictions for arrivals with no on-arrival PCR tests needed for fully vaccinated inbound travellers with a negative PCR report obtained within 72 hours before arrival.

Before the relaxation, PCR tests soon after arrival were mandatory at a cost of about 40 US dollars, with a one-day quarantine until the reports were cleared

The earnings from tourism have exceeded US $ 500 million for the first two months of the year, with the industry generating an excess of US $ 300 million for the month of February. 

Provisional data from the Central Bank showed that the tourism sector generated a total of US $ 314.5 million for the whole of February, with 96,507 tourists that entered the country during the month. 

The total foreign exchange contribution by the slowly reviving sector for the first two months of the year amounts to US $ 582.7 million. 


The revenue earned by tourism in February is 17.2 percent higher than the earnings recorded in January. In January, the industry fetched a total revenue of US $ 268.3 million. 

The calculations based on the data released by the relevant authorities indicate that the average spending of a tourist was of US $ 3,258.9 for the month of January. In February, the spend remained flat at US $ 3,258.8. 
For the January 1 to February 28, 2022 period, a total of 178,834 international visitors entered the country. 

At present, Sri Lanka is faced with a severe shortage of foreign exchange to carry out even basic economic activities. The tourism sector is heavily relied upon by the government and the Central Bank to pull the country out from the ongoing crisis at least to some extent. 

However, despite the industry continuing to look for new avenues to increase its pace of recovery, it is faced with fresh challenges on a regular basis. 

The latest issues faced by the industry are the fuel and power shortages in the country and the ongoing conflict between Russia and Ukraine. Russia and Ukraine have been the biggest source markets for Sri Lanka so far this year.

World crude oil prices decrease sharply

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Crude oil prices, which had risen sharply due to the Ukraine-Russia war, are now falling sharply again. It is reported that the price of a barrel of crude oil has dropped to less than US $ 100.

At the close of trading yesterday, the price of a barrel of crude oil was $ 98, the lowest level in two weeks.

Meanwhile, several countries around the world have taken steps to give their people the benefit of lower crude oil prices. Countries including New Zealand have recently taken steps to increase fuel prices, but have now taken steps to reduce them again.

We came to send a message to this corrupt government to go home – Opposition Leader Sajith (VIDEO)

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The Leader of the Opposition Sajith Premadasa has stated that the people of the country have been suffering for two years now and that the people cannot be allowed to bear this grief anymore all this happened due to the Rajapaksa government, and this terrible government should be sent home immediately. He also said that he had started this massive protest against the corrupt Rajapaksa government and to send them home.

Leader of the Opposition Sajith Premadasa said this speaking at the Presidential Secretariat yesterday (15) after the protest organized by the Samagi Janabalawegaya under the theme “Rata Winashayi Dan” due to the unbearable cost of living, the shortage of fertilizer, fuel, and gas crisis and the pressure faced by the people including power cuts.

Not only Sri Lanka but also the USA is facing a gas shortage – SB

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S.B. Dissanayake, Minister of Industry says that the current economic crisis has not only affected Sri Lanka but also the people of the United States who are protesting due to the shortage of gas.

Minister S.B. Dissanayake said this addressing a function held yesterday (15).

President to address the nation today

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The Presidential Secretariat last night said that President Gotabaya Rajapaksa would deliver a 15 minute statement today (16) at 8.30 pm.

The President’s address to the nation will be broadcast on all electronic channels and on the President’s official Facebook page.

It was reported that no power cuts will occur in any part of the island during that period.

Rolling power interruptions to continue today

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The Public Utilities Commission of Sri Lanka (PUCSL) has approved the Ceylon Electricity Board’s request for power interruptions for tomorrow (March 16).

Thereby, the areas listed under groups A, B, C, D, E, F, G, H, I, J, K, and L will experience power cuts of two hours and 30 minutes between 8.00 a.m. and 6.00 p.m.

The aforementioned areas will again experience power outages of one hour between 6.00 p.m. and 11.00 p.m.

Meanwhile, the electricity supply for the areas mentioned under groups P, Q, R, S, T, U, V, and W will be interrupted for a period of three hours between 8.30 a.m. and 5.30 p.m.

These areas will experience night time power cuts for two hours and 30 minutes between 5.30 p.m. and 11.00 p.m.