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Jayasumana pushing for Opp. campaign against govt.’s economic strategy

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Prof. Channa Jayasumana

By Shamindra Ferdinando

Dissident SLPP MP Prof. Channa Jayasumana yesterday (31 Dec.) said that a well-coordinated joint Opposition campaign was needed against the destructive economic policies of the Wickremesinghe-Rajapaksa government.

Jayasumana said the Opposition should respond to the impending crisis caused by the increase of Value-Added Tax (VAT) from 15% 18% and imposition of 18% VAT on nearly 100 items that hadn’t been subjected to VAT before. The rebel SLPP group consists of 13 MPs, including former ministers Prof. G.L. Peiris and Dallas Alahapperuma, but divided into at least two factions.

Pointing out that the ruling SLPP overwhelmingly voted for the Budget, Prof. Jayasumana said that the Opposition couldn’t absolve itself of the responsibility for building up public movement on the basis of growing public resentment of despicable government economic strategy.

Responding to The Island queries, the internationally renowned medical academic said that implementation of VAT would cause further and significant deterioration of people’s buying power as it would skyrocket the already high cost-of-living.

Referring to a recent media briefing organized by the President’s Media Division (PMD) where the government assured that the new tax regime wouldn’t be as harsh as alleged by various interested parties, Prof. Jayasumana declared that those struggling to make ends meet wouldn’t be able to bear the prices of even the basic consumer items.

Prof. Jayasumana said that the people couldn’t depend on the SLPP to reverse Wickremesinghe’s strategy. “SLPP leader Mahinda Rajapaksa, in spite of lamenting over the new tax structure, voted for Wickremesinghe’s budget. The former President was among 122 MPs who endorsed the Appropriation Bill for 2024,” Prof. Jayasumana said, urging the genuine Opposition to build a campaign.

The Anuradhapura District MP said that the rebel SLPP group held talks with the SJB, JVP, Uththara Lanka Sabaghaya also consisting MPs elected and appointed on the SLPP, as well as MP Patali Champika Ranawaka’s Eksath Janaraja Peramuna, to explore ways and means of building up pressure on the government.

Asked whether they discussed the possibility of a common Opposition presidential election candidate, Prof. Jayasumana said that proposed campaign against the government on the economic front shouldn’t be mixed up with the presidential election strategy.

Both the SJB and JVP-led Jathika Jana Balawegaya had declared their leaders Sajith Premadasa and Anura Kumara Dissanayake would contest the 2024 presidential poll.

Prof. Jayasumana said that Opposition political parties would have to announce concrete plans as regards the forthcoming presidential polls by end of January or early February. An inordinate delay would be counterproductive, the first time entrant to Parliament said, acknowledging that there were significant differences pertaining to the economy among the Opposition parties.

Prof. Jayasumana was among the group of Viyathmaga members elected at the last general election held in Aug 2020.

Responding to another query, the SLPPer said that the government’s thinking that the daunting economic challenges could be addressed by the increase in taxes and privatizing the remaining state assets was entirely flawed. Those who touted the IMF formula as the panacea for all our ills, quite conveniently forgot that Sri Lanka had been there on16 previous occasions and finally ended up bankrupt in 2022, Prof. Jayasumana said, pointing out that those who promised to restore public confidence in the economy were responsible for the bankruptcy. That is the ugly truth the people should know, Prof. Jayasumana said.



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More than 1,000 dengue cases reported in a day; 28 deaths so far

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Sri Lanka has recorded 1,069 dengue cases, within a 24-hour period, marking the first time daily infections have exceeded 1,000, according to Acting Director of the National Dengue Control Unit Dr. Kapila Kannangara.

The latest figures, recorded from 6 a.m. on Sunday to 6 a.m. yesterday (22), have pushed the total number of dengue cases, reported in the country this year, to 47,179, with 28 deaths.

Dr. Kannangara said that during periods when dengue was not at epidemic levels, Sri Lanka typically recorded between 150 and 200 cases a day.

However, with the country currently facing a high-risk situation, daily infections had recently increased to between 600 and 650 cases before reaching the latest record level.

Health authorities have expressed concern over the rapid rise in dengue infections and urged the public to take necessary precautions to prevent the spread of the disease, particularly by eliminating mosquito breeding sites.

Health authorities have warned that if the number of dengue patients continue to increase at the current rate, hospitals will be overwhelmed.

by Chaminda Silva

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Climate forum warns of threats to Lanka’s marine and amphibian biodiversity from El Niño, La Niña

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Co-Chairpersons of the Parliamentary Climate Forum Opposition Leader Sajith Premadasa and MP Prof. L.M. Abeywickrama at the meeting.

The Parliamentary Climate Forum has drawn attention to the growing challenges faced in protecting Sri Lanka’s marine biodiversity and amphibian ecosystems from the impacts of El Niño and La Niña climate phenomena.

The issue was discussed at a recent meeting of the forum held at Parliament, under the chairmanship of its co-chairpersons, Opposition Leader Sajith Premadasa and MP Prof. L.M. Abeywickrama.

Officials and experts attending the meeting highlighted the adverse effects of climate change, particularly El Niño conditions, on Sri Lanka’s marine ecosystems, coastal areas, biodiversity, and the livelihoods of coastal communities.

They pointed out that rising sea temperatures could lead to coral bleaching, changes in fish migration patterns, harmful algal blooms, the emergence of oxygen-depleted “dead zones”, and increased instability in aquatic ecosystems.

The forum was also informed of the threats posed by prolonged drought conditions, including falling river water levels and seawater intrusion into freshwater systems, which could affect drinking water supplies. The possible economic impact on the fisheries and tourism sectors due to these environmental changes was also discussed.

The meeting reviewed the role of key institutions, including the National Aquatic Resources Research and Development Agency (NARA), the Department of Wildlife Conservation, and the Marine Environment Protection Authority (MEPA), in safeguarding Sri Lanka’s marine resources.

The forum emphasised the need for stronger coordination among relevant agencies and called for measures to strengthen ocean monitoring systems, introduce ecosystem restoration programmes, promote science-based policy decisions, and develop an integrated national ocean management plan to address future climate challenges.

Attention was also focused on the vulnerability of amphibian species to climate change. Officials warned that changes in rainfall patterns, prolonged droughts, and rising temperatures could threaten the habitats, breeding cycles, and survival of amphibians, including frogs, thereby affecting the ecological balance of natural ecosystems.

The meeting was attended by Members of Parliament, officials from environmental agencies, researchers, and representatives of civil society organisations.

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Lanka engages UAE business leaders to promote Port City as South Asian gateway

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(Constructiononline) The Embassy of Sri Lanka in the United Arab Emirates and the Consulate General of Sri Lanka in Dubai and the Northern Emirates, in collaboration with Colombo Port City Economic Commission and CHEC Port City Colombo Pvt. Ltd., hosted Globalisation and the Sri Lankan Opportunity – From Recovery to Relevance: Sri Lanka’s Moment in the Evolving Global and Regional Economy, an invitation-only diplomatic and investment engagement at The Ritz-Carlton, Dubai International Financial Centre.

The forum brought together approximately 200 senior leaders from across UAE corporates and business chambers alongside Sri Lanka’s most senior diplomatic and investment representatives – among them senior executives from Sobha Realty, Binghatti, Oracle, Emirates Airlines, First Abu Dhabi Bank, JLL, Cushman & Wakefield, CBRE, IFS, Danube and Samana Developers – reflecting the depth of interest from the UAE’s leading industries in Sri Lanka’s evolving economic proposition.

Opening the forum, Prof. Arusha Cooray, Ambassador of Sri Lanka to the United Arab Emirates, set the tone for a morning of substantive dialogue, speaking to the depth and durability of the UAE–Sri Lanka partnership, one built on decades of trade, people, and shared economic ambition, and affirming Sri Lanka’s commitment to taking that relationship into a new chapter defined by what Sri Lanka can offer UAE businesses seeking to grow their presence across South Asia.

The keynote address was delivered by Ghanim Al Falasi, CEO of Falak Tayyeb Platinum and Senior Vice President/Director General’s Office for of Dubai Silicon Oasis (DSO), who drew on over a decade of senior leadership experience in the UAE’s innovation and technology ecosystem to frame the question of what South Asia’s emerging platforms offer to forward-looking UAE businesses. He noted that while Dubai provides global access to capital and logistics, Colombo offers strategic access to South Asia, and that together the two cities can function as complementary platforms serving different but mutually reinforcing roles in the regional economy.

Hanif Yusoof, Presidential Special Envoy for Foreign Investment of Sri Lanka, delivered strategic perspectives on Sri Lanka’s investment vision, underscoring the President and Government’s commitment to Port City Colombo as the flagship vehicle for the country’s long-term economic transformation. Yusoof positioned Sri Lanka firmly as a transformation story rather than a recovery story, emphasising that Sri Lanka today offers UAE businesses something rare in South Asia – a jurisdiction that combines regional proximity with genuine institutional credibility, anchored in a platform that is operational, investable, and ready. He invited UAE businesses to see Port City Colombo and Sri Lanka as a gateway to South Asia in the same way that Dubai serves as a gateway to the Middle East and North Africa, enabling businesses already established in the Gulf to expand their regional footprint without starting from scratch.

Harsha Amarasekera PC, Chairman of the Colombo Port City Economic Commission, provided a detailed overview of Port City Colombo’s current commercial momentum, the strong investment interest that has crystallised in the last 12-18 months resulting in significant visible progress. The Chairman emphasised that the project is designed as a complementary, supportive, and collaborative platform – one that offers UAE companies a footprint from which to expand into South Asia, rather than a competing proposition to the Gulf’s established business ecosystem.

Revan Wickramasuriya, Director General of the Commission, elaborated on the governance architecture underpinning Port City Colombo, highlighting the investor protection mechanisms, long-term tax incentives, and rules-based regulatory environment that distinguish the SEZ, noting that the framework was designed from inception to meet the expectations of internationally mobile capital.

The centrepiece of the forum was a moderated panel discussion that drew all these threads together, exploring the global reconfiguration of business operating models, the deepening relationship between the Gulf and South Asia, and Sri Lanka’s specific role within that emerging picture. Moderated by Kris Wadia, the panel featured experts in their respective industries – Aaron Russell-Davison, Skandan ‘Ramesh’ Mahalingam, Bapsy Dastur and Thulci Aluwihare – whose combined perspectives across international capital markets, legal and governance advisory, UAE business development, and real estate produced a substantive and wide-ranging conversation that resonated strongly with the audience.

With the aim of deepening investment ties in the Gulf region, the forum also marked the ceremonial onboarding of Mujtaba Shaikhani, Founder and Principal of MH Investments and Managing Director of Gulf O Flex, as a Strategic Partner and Director for GCC and Pakistan of CHEC Port City Colombo (Pvt) Ltd. With operations spanning the UAE, Saudi Arabia, and Sri Lanka, and recognised on the HVAC Power 30 list and as CEO of the Year by CBN Middle East.

The formal programme concluded with a vote of thanks delivered by Hon. Alexi Gunasekera, Consul General of Sri Lanka in Dubai and the Northern Emirates, who spoke to the significant potential he sees in UAE–Sri Lanka trade and his efforts to broaden interest across the Middle East and UAE in what Sri Lanka has to offer. He underscored that Sri Lanka had not come to Dubai to tell a story of the past, but to extend an invitation to be part of the story being written now – one in which UAE businesses and investors have a defining role to play.

Xiong Hongfeng, Managing Director of CHEC Port City Colombo (Pvt) Ltd, reflected on the significance of the forum for Port City Colombo’s regional outreach. “The interest we have seen at this forum from some of the UAE’s most significant businesses and investors is a reflection of what Port City Colombo represents: not just a development in Sri Lanka, but a platform for South Asia; one that offers the regulatory clarity, physical quality, and regional connectivity that globally mobile businesses and capital have been looking for.”

The forum marks a significant step in Sri Lanka’s structured engagement with the Gulf investment community, and reinforces Port City Colombo’s positioning as the institutional platform through which South Asia’s next chapter of growth becomes accessible to UAE businesses and investors. The event was the culmination of close coordination between the Consulate General of Sri Lanka to Dubai and the Northern Emirates and Port City Colombo, with the Consulate General’s office playing an instrumental role in ensuring the successful delivery of an engagement that reflected the depth and ambition of the bilateral relationship.

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