No agreement with Dhammika Perera on Presidential candidacy: Prasanna

Minister Prasanna Ranatunga ruled out any agreement between Parliamentarian Dhammika Perera and the Sri Lanka Podujana Peramuna (SLPP) on the Presidential candidacy.

He told reporters after the Matara District Coordination Committee meeting that they cannot put the country in trouble again by appointing an inexperienced President.

“I am an active member of the party. As far as I know, the SLPP has not entered into any agreements with Dhammika Perera on the Presidential candidacy,” he said responding to a question.

He said the SLPP has not taken a decision to field a candidate for the Presidency as yet and added that the SLPP should give President Ranil Wickremesinghe another chance if he is contesting.

‘Patti Pongal is a black day for Tamil farmers’

Tamil farmers rallied through Batticaloa yesterday (16) on Patti Pongal to highlight their ongoing plight as illegal Sinhala settlers continue to destroy their livestock and grab their lands.

Patti Pongal, also known as Maatu Pongal, is a festival celebrated by Tamils to give thanks to cattle for allowing farmers to cultivate and harvest their crops.

Cows are often bathed and adorned with flower garlands and bells.

However, this year to mark Patti Pongal and 126 days of continuous protest, Tamils carried 126 Pongal pots as they demonstrated from Gandhi Park to the District Secretariat office, demanding that the illegal encroachers should be removed from the pastureland in Madhavanai and Mayilathamadu.

Once the protest reached the District Secretariat Office, the protesters chanted for the Government Agent to come out and speak to the farmers.

Nimalan, the head of the Cattle Welfare Organisation met with the Government Agent who agreed to investigate the ongoing encroachment of their land.

Tamil farmers in Mayilathamadu and Madhavanai, have been protesting the encroachment of their lands and the killing of their cattle by Sinhala settlers since at least 2021.

In recent months, tensions have risen between Sinhalese settlers and Tamil farmers as Sinhala settlers have escalated their efforts to attack livestock owned by Tamil farmers.

In one incident in October 2023, Sinhala settlers had fed explosives to a cow owned by a Tamil farmer, ripping its jaw open.

At the time, the farmer said: “They have been doing awful things like this in Mayilathamadu. They’ve fed explosives. They’ve electrocuted the animals. They’ve fired shots at the animals.”

Despite their longstanding protest, the Sri Lankan government has failed to intervene and redress the grievances of Tamil farmers.

HRCSL makes key recommendations for Bill on Commission for Truth, Unity and Reconciliation

The Human Rights Commission of Sri Lanka (HRCSL) has made five key recommendations pertaining to the Bill on the Commission for Truth, Unity and Reconciliation in Sri Lanka, which was published by way of gazette notification on 29 December 2023.

In a letter addressed to the President, the HRCSL recognized the well-established human right to truth under international law, emphasizing its crucial role in transitional justice.

However, it asserted that the promotion of this right should be aligned with the advancement of other transitional justice pillars, including accountability, reparations, and preventing the recurrence of past injustices.

Accordingly, the HRCSL made the following five key recommendations:

1) Without delay, a high-level committee should be set up under the Presidential Secretariat, comprising pertinent experts and representatives from victim groups and civil society. The primary responsibility of this committee is to oversee the implementation of all positive recommendations from prior truth-seeking mechanisms, including the Lessons Learnt and Reconciliation Commission (LLRC).

2) Programmes that inform the country as a whole about the findings of previous truth-seeking mechanisms should be carried out.

3) Establish a strong, impartial entity for investigating and prosecuting serious human rights violations and crimes, promptly providing it with essential resources and access to expertise, including international perspectives as needed.

4) Transitional justice in Sri Lanka should address both armed conflicts and civil disturbances, including insurrections, delving into their political and socioeconomic roots for a holistic national reckoning.

5) The Presidential Secretariat should serve as the host for any transitional justice mechanism in Sri Lanka, providing it with the utmost status and significance.

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Supreme Court deems Duminda Silva’s presidential pardon invalid

The Supreme Court has declared former President Gotabaya Rajapaksa’s decision to grant presidential pardon to former MP Duminda Silva, convicted and sentenced to death for the murder of Bharatha Lakshman Premachandra, as invalid.

The relevant court order was issued by a three-judge bench of the Supreme Court when several petitions filed by the late Premachandra’s wife and daughter, Sumana and Hirunika Premachandra and former Commissioner of the Human Rights Commission of Sri Lanka (HRCSL) Attorney-at-Law Ghazali Hussain, was taken up in court this morning (17 Jan.).

The judge bench was presided over by Justice Preethi Padman Surasena and consisted Justices Gamini Amarasekara and Arjuna Obeysekara.

Thus, the Commissioner General of Prisons was instructed by the Supreme Court to take the relevant measures necessary so as to impose the impending sentence against Duminda Silva, adding that former President Gotabaya had failed to follow the proper legal procedure when granting the said amnesty.

Accordingly, the Supreme Court ordered the Commissioner General of Prisons to take steps to implement the sentence previously imposed on this petitioner.

Vegetable prices skyrocket again

Despite forecasts predicting a decrease in vegetable prices after the festive season, the actual prices have remained high. Most vegetable varieties are now priced at over Rs. 1,000 per kilo, with carrots and beans reaching the highest levels, surpassing Rs. 1,200 per kilo.

Yesterday, the country witnessed its highest recorded vegetable price, with a kilo of carrots reaching Rs. 1,400 at the New Manning Market in Peliyagoda.

The escalating prices have led to a decline in vegetable consumption, as many consumers express their inability to afford them at these prices.

People report that the prices of nearly all vegetable varieties have increased, creating significant financial challenges for consumers.

The current market prices reveal that beans are priced at Rs. 1,000 per kilo. However, there have been fluctuations in the prices of other vegetables, with green chillies and tomatoes decreasing to Rs. 800 and Rs. 350 per kilo respectively. On the other hand, the cost of lime has seen an increase, reaching Rs. 500 per kilo.

Meanwhile, the business community running tourist hotels and guest houses across the country expressed concern about the high prices of vegetables that has affected the industry.

Traders in Nuwara Eliya’s Dedicated Economic Centre said the prices of vegetables had sky rocketed and that it resulted in a sharp drop in purchases. They pointed out that the price of carrot was Rs.2000 a kilo, cabbage Rs.680, leeks Rs. 500, capsicum Rs.650, tomatoes Rs. 800, beetroot, Rs.500, broccoli, a variety in demand among foreign tourists, Rs.3600, basil Rs. 2600, cauliflower Rs.,1300.

Meanwhile many customers said it is with great difficulty that they manage to have one vegetable curry for a meal. They pointed out that the price hike in the retail market was unprecedented and that the vegetables available were of poor quality.

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Sri Lanka Mounts Diplomatic Offensive to Thwart UNHRC Challenges

Sri Lanka is to make fresh approaches to counter the UNHRC process during its upcoming session in March, this year by engaging the leaders of the different countries including those from Africa, Daily Mirror learns.

President Ranil Wickremesinghe who is currently in Davos, Switzerland will head to Uganda to attend the Non-Aligned Summit that kicked off last Monday. The leaders from about 120 countries across the world have converged in the Ugandan capital Kampala for the 19th Summit of the NAM.

On the sidelines of the summit, the President is slated to hold bilateral talks with the leaders of a number of African countries for strengthening bilateral ties including cooperation at the UNHRC.

Sri Lanka has been in the UNHRC limelight since 2012 after the civil war ended. Sri Lanka’s case will be taken up once again in the upcoming session.

The government of Sri Lanka consistently rejected the latest Resolution 46/1 and 51/1 that led to the setting up of the so-called ‘Accountability Project’ calling it intrusive.

An informed source said the government will make fresh engagements with the United Kingdom, the country which leads the core-group countries which advocated the resolution on Sri Lanka. The President recently decided to join the operations led by the United States and the UK in the Red Sea to counter attacks by Houthi rebels from Yemen, an act interpreted by some as a move, in part, to engage these countries ahead of the UNHRC process.

The government has taken measures to implement measures envisaged in the latest UNHRC resolution. The government enacted a bill recently to establish a national unity and reconciliation office, in a key step towards post-conflict reconciliation with the Tamil community.

The bill to set up the ‘Office for National Unity and Reconciliation’ was passed with a majority of 48 votes, while 7 Members of Parliament voted against it.

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SLPP not decided on Prez poll candidate yet

The Sri Lanka Podujana Peramuna (SLPP) has neither decided on a candidate or whether the party will put forward a candidate for the upcoming Presidential Election, the SLPP leader and former President Mahinda Rajapaksa said.

The former President said this during an event to discuss party organisational activities at the grassroots level held at Grand Monarch Hotel in Thalawathugoda.

“President Ranil Wickremesinghe is the candidate of the United National Party for the upcoming Presidential election. Our candidate has not been decided yet. We have not yet decided to field a candidate or not. Further discussions are going on in this regard,” he said.

He further said that the current focus was regarding the programme to take the party forward.

He also said that SLPP will pay attention to the people’s wishes at the grassroots when taking a decision regarding the upcoming Presidential Election.

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Chinese loan-sharks arrested in Sri Lanka

The Criminal Investigations Department (CID) has arrested five Chinese loan-sharks in Dehiwala.

The Police said that a Sri Lankan was also arrested from the loan center operated in Dehiwala.

According to the Police, the loan-sharks had provided loans to people and later held them to ransom to get the money back with interest.

The Cyber Crimes Investigations Division of the CID conducted an operation based on a complaint received and arrested the suspects.

The Police also seized 8 desktop computers, 13 laptops, and 41 mobile phones.

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IMF team overseeing Sri Lanka’s bailout programme visits Jaffna

A team of senior IMF officials overseeing Sri Lanka’s bailout programme has toured the Tamil-dominated Northern district of Jaffna for the first time under the current USD 2.9 billion agreement, officials said on Monday.

Led by Peter Brueur, the International Monetary Fund senior mission chief for Sri Lanka, the team last week met with the Governor of the Northern province, PMS Charles, and other senior officials and discussed issues related to economic growth in the province, demining programmes, resettlement of conflict-displaced individuals and compensation for conflict victims.

They also discussed the educational matters related to Jaffna University, post-COVID operations, and the adverse effects of climate change on the northern region, the officials said.

The team, which returned to Colombo on Monday, is scheduled to engage with the finance ministry. Talks are expected with Shehan Semasinghe, the state minister of finance, who leads the local IMF engagement under President Ranil Wickremesinghe.

The discussions in Colombo are anticipated to focus on the targets outlined in the current IMF programme, which advocates large scale economic reforms in the island nation.

In a meeting with President Wickremesinghe on Thursday last, Brueur had expressed satisfaction with Sri Lanka’s progress in implementing reforms aimed at revitalising the economy.

The global lender had commended Sri Lanka for its advancements in policy-oriented variables and fiscal consolidation.

Sri Lanka, which declared its first-ever debt default in April 2022, had secured an IMF bailout agreement of USD 2.9 billion over four years by the last quarter of 2022.

The first tranche of USD 1.5 billion was released in March 2023, with the second installment of USD 337 million arriving in December 2023 following the first review.

Source: PTI

India-China battle for Sri Lanka Telecom

The sale of the Government’s controlling 50.23% stake in Sri Lanka Telecom (SLT) has sparked an apparent battle between Indian and Chinese firms whilst some viewed the level of interest as disappointing.

The SOE Restructuring Unit (SRU) announced Jio Platforms Ltd. in Gujrat, India, Gortune International Investment Holding Ltd., c/o Capital Alliance Ltd. and Pettigo Comercio International LDA., c/o NDB Investment Bank Ltd. submitted their offers to the Government’s notice for Request for Qualification (RfQ).

Jio is part of Indian billionaire Mukesh Ambani’s business empire Reliance Group and appears the most credible and formidable contender. Brokerage BofA has pegged Jio Platforms’s valuation at $ 107 billion. BofA in a note said it expects Jio Platforms to continue adding subscribers this year while making deeper inroads with its advanced feature phone JioBharat and wireless broadband device JioAirFiber.

Gortune International Investment Holding is a private equity firm out of China’s southern hub – Guangdong province. Pettigo Comercio International is front for UK’s Lyca Group owned by Lankan born successful entrepreneur Allirajah Subaskaran. Pettigo Comércio Internacional, Lda is a company that owns the trademarks LYCAMOBILE and LycaFly. The company also provides domestic and long-distance telecommunications services.

SRU said the evaluation of the RfQs will adhere to the Special Guidelines on Divestiture of State-Owned Enterprises, a framework approved by the Cabinet of Ministers in July 2023.

The International Finance Corporation (IFC) acts as the Transaction Advisor for the divestiture of shares held by the Government in Sri Lanka Telecom PLC.

The original deadline for RfQ was 18 December following issuance of notice on 10 November. The deadline was extended till 12 January.

Industry analysts viewed the mere 3 responses as disappointing. The Telecommunication Engineers Union (TEU) has written an open letter to President Ranil Wickremesinghe on the very issue (see story elsewhere on this page). TEU is the most prestigious professional trade union in Sri Lanka Telecom PLC consisting of around 550 qualified, experienced, and passionate professional engineers representing 95% of the management of the Company.

The SLT sale is also facing other challenges as the company has gone to courts over the proposed merger between Dialog Axiata PLC and Airtel Lanka Ltd.

SLT PLC reported a revenue of Rs. 17,490 million with a growth of 3.7%, while Mobitel recorded 2.7% de-growth during Q3’23 compared to Q3’22.

The Group’s consolidated revenue for the quarter increased by 3.9% to Rs. 27.7 billion, compared to Rs. 26.7 billion in Q3 2022. SLT PLC revenue growth was driven mainly by growth in broadband, PEOTV and enterprise revenue streams. During the 3rd quarter, Mobitel regained its growth after several quarters of decline, and revenue has begun to increase in Q3 with a 3% growth over Q2.

Compared to Q3 2022, SLT Group’s operational expenditure (Opex) increased by 13.3% in Q3 2023 to Rs. 19.7 billion. Major causes of SLT’s rising Opex are increased costs related to electricity, repair and maintenance. Despite the growth in revenue that was recorded, SLT was unable to match the increase in costs which has impacted the Group’s profitability.

For the 9 months ending September 2023, SLT Group’s Opex was Rs. 57 billion, a 14.9% increase from Rs. 49.6 billion in the same period last year. Cost surges are attributed to economic conditions such as higher electricity tariffs, LKR devaluation against USD, and import restrictions.

The SLT Group’s financial performance in Q3 was significantly impacted by a steep decline in profitability of its subsidiary, Mobitel. Group EBITDA decreased by 13.7% compared to the corresponding quarter the previous year, primarily due to decrease in Mobitel EBITDA.

The drop in revenue and increase in Opex, have led Mobitel EBITDA to decrease during Q3. Accordingly, Group operating profit also dropped by 81% during the quarter. Group PAT decreased by 208% mainly due to operating loss in Mobitel and increase in finance cost of SLT PLC.