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92nd birth anniversary of Felix. R. Dias Bandaranaike

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Felix was born on November 5, 1930 to former Supreme Court Judge Reginald Dias Bandaranaike and his wife, Freda Dias Abeysinghe. His siblings were Christine Manel Dias Bandaranaike, and brother Michael (Mickey) Dias Bandaranaike, an academic at the University of Cambridge.He was a brilliant student at Royal College winning many prizes. In 1953 he married Muthulakshmi Jayasundara, having met her at the Colombo University. Lakshmi, a first cousin of mine, who also qualified as a lawyer both at University and Law College.

After the death of Prime Minister S.W.R.D Bandaranaike, Felix took to politics and won the Dompe seat at two elections in 1960. He worked very closely with Mrs Bandaranike, when she was elected to Parliament as the first woman Prime Minister of the world. He was appointed Finance Minister, the youngest in the Commonwealth, at the age of 29 years.

In addition he was Parliamentary Secretary to the Ministry of Defence and External Affairs, a portfolio held by the Prime Minister. I recall his appointment as Parliamentary Secretary to this Ministry with nostalgia as I joined the Sri Lanka Police in 1960 and he represented the PM at our Passing out Parade held at the Police Training School, Katukurunda, with the late Stanley Senanayake (former IGP) as Director of Training .

My parents were present at the reception that followed the parade and my parents and I were introduced to Felix, by the Director of Training. My cousin, Lakshmi, introduced my parents to the Director as her aunt and uncle. While Finance Minister, Felix resigned from his portfolio due to political issues but remained in the party and started developing his Naiwela Farm in Veyangoda making it a great success. He concentrated on the farm after the SLFP lost the election in 1965.

When in 1970 the SLFP gained power with the United Left Front, including the LSSP and the CP. Felix was appointed Minister of Justice, Public Administration and Local Government. During this period as Minister of Justice he made revolutionary changes in 1973 combining the two branches of the legal profession, Advocates and Proctors into a single profession styled “Atorneys-at-Law.

The Ceylon Civil Service (CCS) was was abolished in his time and replaced with the Ceylon Administrative Service (CAS). The Village Headmen became “Grama Sevakas”. In 1973, I became his Security Officer as my brother, Vere, who held that position was promoted and transferred to the Bribery Commission.

He was given additional responsibilities by Mrs Bandranaike, after Dr N.M.Perera’s LSSP and the Ceylon Communist Party left the government. During these years I had much to do with his electorate, some times handling the private secretary’s duties at the Ministry Of Justice and I had a very strong feeling he was losing his grip on the electorate. I cautioned him of a possible defeat but he told me “Nihal, Dompe is my pocket borough. I am sure to win even by 5,000 votes.”

This country (and SLFP too) lost a honorable and intelligent politician and leader by his premature death. He was a man of action.

In 1977, the late J.R.Jayewardene, with his five sixth parliamentary majority, went on to take revenge, from his political opponents. He did not spare Mrs B, Felix and my uncle Neale de Alwis. Felix was to face a three-judge Commission of Inquiry whose findings were challenged by him in courts. The Supreme Court, with one judge dissenting, held with him.A fighter against injustice, he never gave up. He finally turned to God and decided to obtain, a Doctorate in Divinity. I used to visit him and try to console him while he was fighting a terminal illness. He died on June 26, 1985, going back to his creator.

NIHAL DE ALWIS



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SriLankan Airlines Resumes Flights to Riyadh and Dubai

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09 March 2026; Colombo – SriLankan Airlines would like to inform passengers that it is resuming daily services to Riyadh tonight and Dubai tomorrow, while continuing to closely monitor the situation in the Middle East and prioritising the safety and wellbeing of its passengers and crew.

The following flights are scheduled to operate:

For more information please contact: 1979 (within Sri Lanka); +94 11 777 1979 (international); WhatsApp +94 74 444 1979 (chat only); your travel agent; visit www.srilankan.com; or follow us on social media.

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Oil prices jump above $100 for first time in four years

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Oil facilities in Tehran were hit by airstrikes at the weekend

Global oil prices have jumped above $100 (£75.11) a barrel for the first time since 2022 as the escalating US-Israeli war with Iran has fuelled fears of prolonged disruption to shipments through the Strait of Hormuz.

Iran on Sunday named Mojtaba Khamenei to succeed his father Ali Khamenei as Supreme Leader, signalling that a week into the conflict hardliners remain in charge of the country.

The US and Israel launched fresh waves of airstrikes across Iran over the weekend, hitting multiple targets including oil depots.

Major disruption to energy supplies from the region threatens to push up prices for consumers and businesses around the world.

Early on Monday in Asia, Brent crude was around 15.5% higher at $107.16, while Nymex light sweet was up by more than 17% at $106.77.

Stock markets in the Asia-Pacific region fell sharply in early trading on Monday, with Japan’s Nikkei 225 index down by more than 5% and the ASX 200 in Australia more than 3.5% lower.

Many in the markets predicted that oil would hit the $100 a barrel mark this week.

In the event it took about a minute to jump 10%, and then another 15 minutes to rise a further 10% in early Asian trading.

Last week the markets had been relatively relaxed about the seeming nightmare scenario for millions of barrels of crude and liquefied natural gas trapped in the Gulf, unable or unwilling to transit the Strait of Hormuz.

But the escalations over the weekend, alongside scenes of destruction of energy infrastructure both in Iran and across the Gulf, saw the markets take rapid fright.

The question now is where does this go? Some analysts argue that if the shutdown in the strait lasts until the end of March, we could see record oil prices above $150 a barrel.

The existing rise is likely to further increase petrol prices, and those of important derivative products such as jet fuel and vital precursors for fertilisers.

The physical supplies from the Gulf are mainly consumed in Asia.

Already however there are signs that Asian consumers are bidding up prices for US gas, with some tankers originally heading for Europe turning around in the mid-Atlantic.

US President Donald Trump responded to the jump in prices by saying that short term rises were a “small price to pay” for removing Iran’s nuclear threat.

His energy secretary told US broadcasters on Sunday that Israel, not the US, was targeting Iran’s energy infrastructure, amid some concern about rising domestic pump prices caused by the war.

(BBC)

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CMTA warns buyers of long-term costs hidden in reconditioned vehicle imports

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The Ceylon Motor Traders’ Association (CMTA) has issued a stark cautionary note to prospective vehicle buyers, warning that the initial price advantage of reconditioned imports often masks significant long-term financial risks.

By highlighting a “structural imbalance” in the current duty valuation system – which allows near-identical vehicles to be imported under a 15% automatic depreciation bracket – the CMTA argues that the lack of manufacturer-backed warranties and tropicalised specifications in the grey market could lead to a “reconditioned trap” for unsuspecting consumers. For the savvy buyer, the association suggests that the true cost of ownership is increasingly tilting the scales in favour of brand-new vehicles from authorised agents.

If two identical 2026 models are sitting on different lots, and one is significantly cheaper because it was technically “registered and de-registered” abroad, the frugal buyer’s instinct is to take the discount. But the CMTA argues that this 15% depreciation benefit – intended for genuine used cars – is being leveraged as a loophole for zero-mileage vehicles.

For the savvy buyer, this raises a fundamental question of transparency. If the entry price of a vehicle is built on a “procedural” technicality rather than actual wear and tear, where else is the transparency lacking? Does the lower price reflect a genuine saving passed to the consumer, or does it mask a lack of manufacturer-backed after-sales support?

When a buyer chooses an authorised agent, they are essentially purchasing an insurance policy against the unknown. With a five-year manufacturer warranty, the financial burden of a faulty transmission or a software glitch stays with the global giant that built the car, not the local owner. In an era where vehicles are increasingly “computers on wheels,” the technical specialised tools and genuine parts held by authorised agents are no longer a luxury – they are a necessity for longevity.

The CMTA’s perspective also invites the buyer to look at the “Big Picture.” Every time a vehicle is imported under an under-declared value or an artificial depreciation bracket, it isn’t just a loss for the Treasury; it is a blow to the country’s foreign exchange discipline.

“A savvy buyer today is more informed than ever. They realize that a “cheap” import with no service history and no tropicalised specifications may eventually become a “minus” on the balance sheet. Frequent repairs and lower resale value can quickly evaporate the initial few lakhs saved at the point of purchase. Ultimately, the choice between brand new and used is a choice between certainty and speculation,” the Association says.

The CMTA is advocating for a level playing field where duty is based on true transaction value. Until that day comes, the burden of due diligence rests on the consumer. To be a “savvy buyer” in 2026 means looking past the showroom shine and asking: Who stands behind this car if something goes wrong tomorrow?

In conclusion, CMTA says,” For those seeking long-term peace of mind, the “brand new” path – supported by a transparent duty structure and a solid warranty – remains the gold standard for steering Sri Lanka’s complex automotive landscape.”

Before signing the papers on a reconditioned vehicle, the CMTA suggests buyers evaluate the four “minus” factors against a “brand new” purchase:

By Sanath Nanayakkare

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