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19th memorial event commemorates slain Journalist Sivaram, calls for justice and press freedom (PHOTOS)

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April 29, Colombo (LNW): The 19th memorial event honouring the late journalist Sivaram was solemnly observed at Gandhi Park in Batticaloa on the 28th of this month.

Despite nearly two decades passing since his tragic murder, justice for Sivaram’s death remains elusive.

The commemoration ceremony, jointly coordinated by the Journalist Forum, Batticaloa Press Club, Association of Professional Web Journalists of Sri Lanka, and North East Media Clubs, brought together members of the journalistic community and concerned citizens to reflect on the enduring legacy of Sivaram’s courageous journalism.

Throughout the event, speakers reiterated the importance of upholding press freedom and ensuring the safety and security of journalists.

They emphasised that the unresolved case of Sivaram’s assassination serves as a stark reminder of the ongoing challenges faced by media personnel in Sri Lanka and the critical need to address impunity for crimes against journalists.

Photo Courtesy: Ajith Senevirathne

To view full photos, visit READPHOTOS.

Indian Coast Guard foils Sri Lanka-bound heroin shipment from Pakistan

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April 29, Colombo (LNW): The Indian Coast Guard (ICG) intercepted a Pakistani boat off the Porbandar coast in Gujarat, seizing 86 kilograms of suspected heroin valued at INR 602 crore destined for Sri Lanka via Tamil Nadu, a report by The Indian Express revealed.

Fourteen crew members were arrested in the operation conducted jointly with the Anti-Terrorist Squad (ATS) and the Narcotics Control Bureau (NCB) on Sunday (28).

The seizure follows intelligence received by ATS Superintendent of Police KK Patel, indicating the transit of narcotics by Haji Aslam alias Babu Balock, a Pakistani drug operative, according to report.

The vessel named ‘Alraza’ was reportedly dispatched from Karachi to deliver heroin and methamphetamine near the International Maritime Boundary Line (IMBL) off Porbandar.

Upon identification of the suspicious vessel 180 nautical miles off Porbandar, the ICG and Gujarat ATS attempted to board it for inspection.

However, the crew resisted, prompting the use of force to stop their escape.

One crew member sustained a bullet injury during the operation.

All 14 accused, residents of Lasbela in Pakistan’s Balochistan, including the boat’s master Nazir Hussain Azam Khan, who were on the ship en route to Sri Lanka, are being brought to Porbandar for further investigation.

Khan, aged 62, received medical attention for his injury and is currently stable.

This operation follows another successful interception earlier in the week, where the NCB and ATS seized mephedrone and chemical drugs worth INR 300 crore from laboratories in Rajasthan and Gujarat.

Dollar rate against LKR at banks in SL today (April 29)

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April 29, Colombo (LNW): The Sri Lankan Rupee (LKR) indicates slight depreciation against the US Dollar today (29) in comparison to last week, as per leading commercial banks in the country.

At Peoples Bank, the buying price of the US Dollar has increased to Rs. 290.91 from Rs. 290.78, and the selling price to Rs. 300.75 from Rs. 300.60.

At Commercial Bank, the buying price of the US Dollar has increased to Rs. 290.50 from 289.83, and the selling price to Rs. 299.75 from Rs. 299. 50.

At Sampath Bank, the buying and selling prices of the US Dollar remain unchanged at Rs. 291.50 and Rs. 300.50, respectively.

Political parties gear up for May Day celebrations across Sri Lanka

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April 29, Colombo (LNW): Multiple political parties have commenced preparations to celebrate the International Labour Day (May Day) on the 1st of May this year.

The United National Party (UNP) will hold its rally at Maligawatta, featuring the presence of President Ranil Wickremesinghe, announced Party General Secretary Palitha Range Bandara.

The Samagi Jana Balawegaya’s (SJB) May Day rallies will take place at Chatham Street, Pettah, and Talawakelle, according to MP Tissa Attanayake.

MP Sanjeewa Edirimanne disclosed that the Sri Lanka Podujana Peramuna’s (SLPP) rally will be held at Campbell Park, Borella.

The Sri Lanka Freedom Party’s (SLFP) rally is scheduled at the Municipal Council Grounds in Gampaha, with a senior member noting the expected attendance of all party members.

Under the theme “Rata Hadana Visandumata Jana Balaya Eka Pelata” (The Power of the People Aligns to Build the Country), the National People’s Power (NPP) will organise May Day rallies nationwide.

In Colombo, the May Day March will commence at 2 pm from the BRC Ground, followed by the rally at 3 pm at the CWW Kannangara Mawatha.

Jaffna’s May Day Rally is set for 10 am at the Nanda Selva Theatre, while in Matara, the march will start at 2 pm from Rahula Junction, followed by a rally at Matara Beach Park at 3.30 pm.

Lastly, the Anuradhapura May Day Rally will be held at the Anuradhapura Public Stadium at 3.30 pm.

Apparel Sector surpasses $1 bn in Q1’24, with March exports growing by 7.7%

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April 29, Colombo (LNW): In the first quarter of 2024, Sri Lanka’s apparel industry achieved a significant milestone, with revenues exceeding US$ 1 billion.

March saw apparel exports generating US$ 418 million in revenue, driven by improved performance in European and UK markets.

Data released by the Joint Apparel Association Forum (JAAF) indicated a 2.81 per cent decrease in exports to the United States, countered by a 5.62 per cent growth in exports to the EU (excluding the UK) and an 11.93 per cent increase in exports to the UK.

Exports to other countries surged by 34.26 per cent year-on-year.

Despite this positive trend, total exports from January to March 2024 experienced a slight Y-o-Y contraction of 0.69 per cent, totalling US$ 1.174 billion.

Notably, exports to the US decreased by 5.11 per cent, while those to the EU (excluding the UK) declined by 1.52 per cent.

However, exports to the UK expanded by 8.94% per cent and exports to other countries showed a 3.02 per cent increase compared to the same period in 2023.

Looking ahead, Sri Lanka’s apparel sector aims to achieve a revenue target of US$ 4.5 billion in 2024.

Opposing factions eye coalition to thwart NPP’s political ascent: AKD

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April 29, Colombo (LNW): Opposing political factions may collaborate to obstruct the National Peoples Power (NPP) ascent to power, Party Leader MP Anura Kumara Dissanayake said, addressing a recent event in Stockholm, Sweden.

Dissanayaka highlighted ongoing instability in Sri Lanka, particularly citing unresolved questions surrounding the Easter Sunday carnage, which took away more than 270 lives in 2019.

He indicated that various rival factions, including figures like former Presidents Chandrika Bandaranaike Kumaratunga and Mahinda Rajapaksa, and current President Ranil Wickremesinghe, are contemplating uniting to counter the NPP’s influence in the upcoming presidential election.

However, he noted potential hurdles stemming from personal conflicts between Wickremesinghe and Sajith Premadasa, the current Leader of the Opposition, despite shared policy objectives in this coalition.

Dissanayaka suggested that their aim is to impede the NPP’s progress and prevent its ascension to power.

Regarding the timing of the Presidential Election, the NPP Leader hinted at potential dates, suggesting either September 28 or October 5, 2024.

Dissanayaka called on supporters to engage actively, encouraging them to visit Sri Lanka during this period, advocate for NPP perspectives on social media, and discuss the importance of national development with their relatives.

Furthermore, Dissanayaka raised questions about the Easter Sunday attacks, particularly concerning possible collaboration between the perpetrators and those responsible for preventing such incidents.

He highlighted specific incidents, such as the case of Jameel, who failed to detonate a bomb at the Taj Hotel and later attempted to do so in Dehiwala, only to be intercepted by intelligence officials.

Dissanayaka also questioned the role of individuals like ‘Podi Zahran‘ and the circumstances surrounding the alleged death or disappearance of Sarah Jasmine, emphasising the need for clarity on these matters to address ongoing instability in the country.

SLFP faction meets Indian High Commissioner to disavow alleged remarks on Easter Sunday attacks

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April 29, Colombo (LNW): In a bid to proactively address potential tensions with India, the Sri Lanka Freedom Party (SLFP) faction, led by Nimal Siripala de Silva as acting chairman, recently met with Indian High Commissioner Santosh Jha.

The purpose of the meeting was to officially distance themselves from remarks attributed to their former Chairman, Maithripala Sirisena, regarding alleged Indian involvement in the Easter Sunday attacks, Daily Mirror reported citing a reliable source.

Media reports previously circulated claims of Sirisena implicating India in the attacks during his statement to the Criminal Investigation Department (CID).

Sirisena’s recent controversial statements, suggesting knowledge of the masterminds behind the Easter Sunday carnage, have added complexity to the party’s internal dynamics.

However, Public Security Minister Tiran Alles clarified in Parliament last week that the former President did not specifically name any Sri Lankan or Sri Lankan organisation in his CID statement.

Presently, the SLFP is grappling with internal divisions, with Sirisena restrained from acting as party chairman due to a legal injunction.

Representatives of the faction opposed to Sirisena, including MPs Lasantha Alagiyawanna, Duminda Dissanayake, Suren Raghavan, and Faizer Mustapha, met with the Indian envoy to assert their disavowal of the ex-President’s purported claims and stress the importance of maintaining cordial relations with India.

The SLFP is currently embroiled in a legal dispute with a faction led by Minister Siripala de Silva and former President Chandrika Bandaranaike Kumaratunga, who seek to wrest control of the party by sidelining Sirisena.

Ceylon Teachers Service Union plans strike over salary disparities in Education Sector

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April 29, Colombo (LNW): The Ceylon Teachers Service Union has announced its intention to initiate trade union action to address existing salary disparities within the education sector.

Deans and teachers from National Education Academies, Government Teacher Colleges, and Teaching Centres will participate in a token strike to highlight these disparities, according to Union Secretary Dhammika Mirihana.

Mirihana emphasised that besides their salaries, no allowances are provided to them, resulting in unfair treatment.

CBSL projects stability amidst IMF-supported reforms

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April 29, Colombo (LNW): The Central Bank of Sri Lanka (CBSL) expressed optimism regarding the nation’s stability, contingent upon the sustained implementation of comprehensive reforms supported by the International Monetary Fund’s (IMF) Extended Fund Facility (EFF) programme.

In its Annual Economic Review 2023, the financial regulator of the country highlighted the potential for continued economic recovery and greater macroeconomic stability in Sri Lanka.

Despite intermittent supply-side shocks and subdued demand conditions, inflation is forecasted to hover around the 5 per cent target in 2024, with expectations of stabilisation in the medium term through appropriate policy measures.

Emphasising the significance of the CB’s independence and public accountability in monetary policymaking, the institution underscored its role in maintaining domestic price stability.

Anticipated signs of economic recovery in 2023 are expected to manifest across all sectors, bolstered by factors such as the resurgence of the tourism sector, increased workers’ remittances, and non-debt inflows, contributing to enhanced external buffers.

As vulnerabilities diminish, the financial sector is projected to expand its services, supported by legislative strengthening, it added.

Meanwhile, the government is expected to persist in fiscal consolidation efforts and essential reforms to steer the economy towards sustainability.

Looking ahead, challenges such as climate change, population ageing, and geopolitical tensions necessitate sustained commitment to IMF-EFF programme continuation, successful debt restructuring, and the seamless execution of productivity-enhancing reforms, underpinned by broad political and social consensus.

Sri Lanka makes partial payment of US $ 35 mn towards Iran oil debt

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April 29, Colombo (LNW): Sri Lanka has made a partial payment of US $ 35 million out of the total debt of US $ 250 million owed to Iran for oil purchases made in 2012, a report by Daily Mirror said quoting an official.

The delay in payment was initially due to sanctions imposed on Iran.

Subsequently, the Sri Lankan government decided to address the outstanding dues through a barter agreement involving tea in exchange for oil.

A source familiar with the matter revealed that as of the end of February, Sri Lanka had successfully settled US $ 35 million of the owed amount, with an additional US $ 10 million slated for imminent settlement.

Although the tea-for-oil arrangement was formalised in December 2021, the export process encountered delays attributed to the prevailing economic challenges in the country.