China, Sri Lanka to set up renminbi clearing arrangements

The People’s Bank of China has recently signed a memorandum of cooperation with the Central Bank of Sri Lanka to establish renminbi clearing arrangements in Sri Lanka, said a statement released by China’s central bank on Wednesday.

The establishment of renminbi clearing arrangements will facilitate the use of the Chinese renminbi in cross-border transactions by enterprises and financial institutions from both countries, it said, adding the move will further promote bilateral trade and investment.

Source: China Daily

Pakistan-Sri Lanka 18th Joint Economic Commission Session to be Held Today: Delegation Arrives in Sri Lanka

The 18th session of the Pakistan-Sri Lanka Joint Economic Commission is scheduled to take place in Colombo today.

A delegation, including Haroon Akhtar Khan, Special Assistant to the Prime Minister of Pakistan on Industries and Production, arrived in the island yesterday afternoon to participate in the event.

The Sri Lankan delegation for today’s session will be led by the Minister of Trade, Commerce, and Food Security, Wasantha Samarasinghe.

The Ministry stated that this session provides a significant opportunity to further enhance economic cooperation between the two nations.

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Sri Lanka reaches deal with IMF to continue EFF without any changes

Sri Lanka has reached an agreement with the International Monetary Fund (IMF) to continue the Extended Fund Facility (EFF) without any changes after the global lender’s team visited the island nation to assess damage caused by Cyclone Ditwah, the Presidential Media Division (OMD) said.

The IMF mission was expected to conclude the fifth review of the EFF before releasing the sixth tranche. However, the visit was to assess the impact of the disaster, government sources said.

“Emphasising that Sri Lanka is currently moving in the right economic direction despite facing a severe disaster situation, the IMF representatives stated that there would be no changes to the agreement relating to the Extended Fund Facility programme being implemented with Sri Lanka,” the PMD said in a statement.

“They further indicated that discussions relating to the release of the sixth tranche under the programme would resume in March.”

This means the sixth tranche which was to be approved in December 2025 will be further delayed.

The IMF has noted that the Government’s ability to present a supplementary estimate of Rs. 500 billion was made possible by a surplus in the Treasury, describing this as a highly commendable development, the PMD said.

“The President further emphasised that this measure does not in any way signify a departure from proper financial management or fiscal responsibility.”

“The President added that all future Government programmes have been planned in line with this direction and that Sri Lanka expects the continued support of the International Monetary Fund in this regard.”

Notices Issued to Gota, Others Over Excess 9 May Housing Compensation for MPs

The Supreme Court today (28 January) directed the petitioner’s lawyers to take steps to issue notices on a group of respondents, including former President Gotabaya Rajapaksa, in connection with a Fundamental Rights petition seeking the recovery of compensation allegedly paid unlawfully to former Ministers whose houses were set on fire following the violence of 9 May 2022.

The petition was taken up before a Supreme Court bench comprising Chief Justice Preethi Padman Surasena and Justice Gihan Kulatunga.

The petition has been filed by environmental lawyer Dr. Ravindranath Dabare, who is seeking an order directing the recovery of compensation paid to former Ministers for damages caused to their private residences during the post-9 May 2022 unrest, which he claims exceeded the limits permitted under law.

According to court submissions, the respondents named in the petition include former President Gotabaya Rajapaksa, former Defence Secretary retired Major General Kamal Gunaratne, former Inspector General of Police C.D. Wickramaratne, former Navy Commander Nishantha Ulugetenne, former Ministers of Public Security Prasanna Ranatunga and Tiran Alles, and former Secretary to the Ministry of Public Security Jagath Alwis.

Appearing for the petitioner, Attorney-at-Law Gamini Perera informed court that the correct addresses of the respondents had now been submitted in compliance with an earlier court order. He requested permission to proceed with issuing notices, following which the bench directed that notices be issued on the respondents.

The petitioner has cited a statement made in Parliament on 5 February last year by Health Minister Dr. Nalinda Jayatissa, in which it was stated that compensation amounting to Rs. 1.22 billion had been paid to 43 individuals in relation to damages caused to the houses of Ministers during the violence that erupted across the country on 9 May 2022. The petitioner noted that several former Ministers of the previous government were among the recipients.

Dr. Dabare has pointed out that under existing law, even in the case of natural disasters, the maximum compensation payable for housing damage is capped at Rs. 2.5 million. He has alleged that certain former Ministers had received compensation exceeding this legal limit, rendering the payments unlawful.

The petition further claims that the selective payment of large sums of compensation to chosen individuals amounted to a violation of the petitioner’s fundamental rights. It seeks a declaration to that effect, along with an order directing an investigation into the compensation scheme and legal action against those responsible.

In addition, the petitioner has requested the court to order the recovery of compensation unlawfully obtained, and to direct the State to pay any legitimately due compensation under a fair and lawful mechanism.

The Supreme Court has fixed the petition for further consideration on 8 May.

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India Marks 77th Republic Day with Celebrations in Sri Lanka

The High Commission of India in Colombo celebrated India’s 77th Republic Day on January 26, 2026, marking the anniversary of the day the Indian Constitution came into effect in 1950.

High Commissioner Santosh Jha hoisted the national flag at India House, inspected a Guard of Honour, and read excerpts from the President of India’s Republic Day address.

The celebration featured patriotic music by the Sri Lanka Navy Band and cultural performances by the Swami Vivekananda Cultural Centre, showcasing India’s diverse heritage. This year also marks the 150th anniversary of Vande Mataram, India’s national song, which was commemorated through musical tributes.

Earlier in the day, the High Commissioner and officials paid tribute at the IPKF Memorial in honour of fallen Indian peacekeepers. In the lead-up to Republic Day, a concert titled “Timeless Bollywood Melodies: Anuradha Paudwal Live in Sri Lanka” was held on January 23. Additionally, Indian Coast Guard ships Varaha and Atulya are visiting Colombo and Galle from January 24 to 27.

A ceremonial reception is scheduled for the evening at India House, with dignitaries from across Sri Lanka expected to attend. The Republic Day was also observed by Indian Consulates in Jaffna, Hambantota, and Kandy through special events.

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CID Summons Namal Rajapaksa: Shiranthi and Ranil Also Under Investigation

Member of Parliament Namal Rajapaksa was summoned to the Criminal Investigation Department (CID) today to provide a statement regarding ongoing investigations into “Kehelbaddara Padme,” a member of an organized crime syndicate.

However, Police confirmed that Rajapaksa has requested a one-week extension to appear, as he is currently on an official trip to India.

In a separate development, Shiranthi Rajapaksa, wife of former President Mahinda Rajapaksa, has been summoned to the Police Financial Crimes Investigation Division (FCID) tomorrow.

She is expected to be questioned regarding alleged financial irregularities involving the “Siriliya” account, which was operated during Former President Mahinda Rajapaksa’s tenure.

Meanwhile, the case against former President Ranil Wickremesinghe is scheduled to be called again on the 28th of January.

The former President, who is currently out on bail, faces allegations of misappropriating Rs.16.6 million in public funds for a private foreign trip.

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Black January and the unfinished fight for media justice

January holds a dark significance for Sri Lanka’s media community. Known as Black January, it is a month that painfully reminds journalists and media workers of a troubled history marked by killing, enforced disappearances, abductions and attacks on media institutions.

Disturbingly, a large number of these grave violations against journalists have taken place during January. Every year, Black January is commemorated to honour fallen journalists and to demand justice for crimes committed against the media. This year was no exception. The Free Media Movement (FMM) together with the Free Media Movement Journalists’ Trade Union, recently organised the Black January commemoration at the Sri Lanka Press Institute auditorium under the theme, “January is Still Black: The Journey Towards Justice.”

Freedom of expression

This event served as a memorial and a call to action. It highlighted the continuing struggle for freedom of expression, accountability and justice for media professionals who paid the ultimate price for speaking the truth.

The commemoration reaffirmed that despite the passage of time, the wounds of Black January – remain unhealed, until truth, justice and media freedom are fully secured in Sri Lanka.

The event featured Prof. Savithri Gunasekera, journalists, Wijayananda Jayaweera, Sunil Jayasekara, Hana Ibrahim, Lasantha de Silva and R. Ramkumar who shared their opinions on media freedom and justice.

The discussion was coordinated by senior journalist, Amal Jayasinghe.

Prof. Savithri Gunasekera said that ensuring justice at its core is a very simple principal, but the law must be enforced. However, she said that the real problem lies in the failure to create conditions where the law can be effectively implemented. As a result, justice is repeatedly delayed.

She said that although January is commemorated every year as Black January, demanding justice for slain journalists such as Lasantha Wickrematunge and Sivram, meaningful accountability has yet to be achieved. Even today, justice for these prominent media figures remains elusive.

Prof. Gunasekera said that freedom of speech and expression is essential for any democratic society. She said that laws alone are not sufficient to sustain strong institutions; there must also be the necessary institutional mechanisms, capacity and procedures to enforce them effectively.

She said that safeguarding media freedom and freedom of expression requires a firm commitment and a strong sense of responsibility from the Government, adding that without such dedication, legal protections remain merely symbolic.

Upul Kumarapperuma PC said that the evidence in several court cases related to the killing of journalists had been destroyed in recent years due to State interference. As a result, he said, justice has still not been delivered to journalists who were murdered, even to this day.

He said that the majority of the journalist killings occurred between 2009 and 2015. Although investigations were initiated following the end of the war in May 2009, he said that interference by the Government in power at the time prevented investigators from identifying suspects or bringing perpetrators to justice.

Citing the Prageeth Ekneligoda case as an example, he said that although the case was filed in 2010, no suspects were produced before the Courts until August 2015. While suspects in cases such as the Ekneligoda disappearance were eventually presented to Court in 2015, proceedings were subsequently obstructed due to pressure from the then Opposition and the conduct of certain members of the clergy, which created further impediments to the administration of justice.

Delaying justice

He said that during the 2019-2022 periods, legal proceedings took a completely different turn. The Presidential Commission of Inquiry on Alleged Political Victimisation, appointed by the President at the time, recommended the release of several accused persons, thereby weakening ongoing cases and further delaying justice.

He said that from 2022 to the present criminal investigation, the Attorney General’s Department has failed to restore several of the stalled cases. He also said that Judicial Medical reports (JMO Reports) relating to the case of journalist Poddala Jayantha have gone missing, creating serious technical issues to proceed with the case in the absence of such critical evidence.

Referring to the Keith Noyahr case, he said that the main suspect has since left the country on a scholarship and has not returned to Sri Lanka to date.

Similarly, there appears to be little or no progress in cases related to the assault on journalist Upali Tennakoon.

He said that the existing general legal framework is insufficient to deliver justice in cases involving crimes against journalists. As future steps and recommendations, he said the need for a special independent mechanism to investigate and prosecute cases where evidence has been destroyed through Executive interference, adding that only such a mechanism could ensure accountability and prevent further impunity. Journalist Wijayananda Jayaweera said that the domestic mechanism for delivering justice has failed and added that greater attention must be given to the international Reports of the UNESCO Director General.

Senior journalist, Sunil Jayasekara, briefed the gathering on the history of Black January. He said that it began in 1981 in Jaffna with the killing of a photographer named Nawarathnam.

Since then, he said 114 media personnel including 56 journalists had sacrificed their lives in the struggle to protect the rights of freedom of expression.

He said that if appropriate action is not taken, the country will be forced to speak with sorrow about Black January every year. In this context, he said the need to establish mechanisms such as a Truth Commission is vital.

The event was also attended by the Chairman of the Sri Lanka Press Institute (SLPI) Kumar Nadesan, and Sandya Ekneligoda, the wife of disappeared journalist, Prageeth Ekneligoda.

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Ranil and Sajith to decide on leader

Former President Ranil Wickremesinghe and Opposition Leader Sajith Premadasa are expected to meet shortly to decide as to who would lead the proposed UNP and SJB alliance, UNP Deputy General Secretary Harin Fernando said yesterday.

Responding to questions raised by the media, Fernando said Wickremesinghe is likely to play an advisory role. “He had told the Buddhist clergy that he is out of active politics. Accordingly, that would be the case” Fernando said.

He said the UNP has proposed setting up a joint working committee. “We have put forward some proposals and the ball is now on SJB’s court,” he said.

Furthermore, he said a leadership board may be appointed to run the UNP.

Meanwhile, Opposition Leader Sajith Premadasa confirmed that he had a successful round of discussions with UNPers over the weekend.

“Today the SJB and the UNP held another round of successful discussions, which I am hopeful will result in a victorious conclusion. SJB General Secretary Ranjith Maddumabandara, UNP Deputy Leader Ruwan Wijewardene, General Secretary Thalatha Athukorale, Vice Chairman Navin Dissanayake, Assistant Leader Akila Kariyawasam, and Sagala Ratnayaka participated in the discussions,” Premadasa said in his X message.

Bay One Residences Colombo launched in Sri Lanka’s China-backed Port City

Bay One Residences Colombo, an apartment project in Sri Lanka’s China-backed Port City special economic zone was launched by ICC, an engineering and construction group, a statement said.

The project offers apartments starting from 500,000 US dollars with sizes ranging from one bedroom (68 to 72 square metres) to 4-bedrooms (306 to 515 square metres).

Bay One is Residences is the first residential project in the dollarized, area reclaimed from the sea by China Harbhour Engineering group.

Sri Lanka’s parliament recently, passed a law setting out tax rates for businesses in the Colombo Port City.

Sri Lanka has high income tax rates of 30 percent, which are out of line with countries that have monetary stability in East Asia of around 20 percent or below.

Sulipuram Army Camp closed after more than 30 years

The Sri Lanka Army has vacated the Sulipuram Army Camp, also known as Chulipuram, bringing to an end more than three decades of military presence at the site.

Troops stationed at the camp withdrew late on Friday night and were relocated to another Army facility in the area.

The closure follows decisions taken in late 2024 to dismantle selected long-standing military camps in the Jaffna peninsula, as part of efforts to return occupied land to its original civilian owners.

The formal process was carried out under the supervision of the Commander of the 513th Infantry Division, who handed over the official vacation notice to the Chankanai Divisional Secretariat last week.

The Sulipuram camp was established in the early 1990s during the height of the civil conflict and remained operational for over 30 years.

Army Spokesman Brigadier Waruna Gamage said the move should not be viewed as a sudden withdrawal, describing it instead as part of a planned restructuring of the Army.

In recent years, the Sri Lanka Army has closed or relocated several camps in the Northern Province under a broader national restructuring programme, with a focus on releasing land for civilian use.

The Katkolam Army Camp in the North was disbanded in November 2024 under the same initiative, while land occupied by the Karaitivu Army Camp in Ampara was returned to the public in October last year after 35 years.

The 10th Battalion of the Vijayabahu Infantry Regiment, which had been stationed on approximately half an acre of land in Karaitivu since 1990, was withdrawn, and the land was formally handed over to the Karaitivu Pradeshiya Sabha.

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