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Ceylon Bank Employees’ Union threatens strike over unresolved issues

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State sector bank employees union representatives at a meeting with Presidential Secretary Dr. Nandika Sanath Kumanayake (pic courtesy PMD)

The Ceylon Bank Employees’ Union (CBEU) has decided to resort to trade union action unless the government takes urgent action to redress bank employees’ grievances.

The central committee of the CBEU union is scheduled to meet today (26) and its branches in state banks will have seprate meetings to reach consensus on joint action, scheduled to commence on 01 July.

The CBEU made the announcement after meeting Dr. Sanath Kumanayake, Secretary to President Anura Kumara Dissanayake, who is also the Minister in charge of the Finance portfolio.

Also present at the meeting were Director General (Legal) of the Presidential Secretariat, Attorney-at-Law J. M. Wijebandara, and Director General of Public Relations D. Gamage.

The CBEU said that the state banking sector had launched trade union action on 05 June this year to highlight developing trouble over the incentive and bonuses paid to state bank employees.

According to the CBEU, the largest trade union in the banking sector, the government had granted them Tuesday’s meeting in the wake of representations made to President Dissanayake on 12 and 19 June.

According to CBEU, during the nearly two hour discussion its representatives had with Secretary to the President, the following issues were raised: the future of HDFC bank, issues pertained to annual bonuses and incentives for employees of the Bank of Ceylon, People’s Bank and National Savings Bank, issues at the State Mortgage and Investment Bank and Regional Development Bank, problems caused by the Central Bank and the failure on the part of the government to implement Performance Indicator (KPI), with effect from January this year. The CBEU said that it had been introduced in the 2024-2026 collective agreement.

By Shamindra Ferdinando



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PM Harini leads panel to protect public services

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Prime Minister Dr Harini Amarasuriya

The newly appointed Cabinet Committee tasked with ensuring the uninterrupted functioning of Sri Lanka’s public service held its inaugural meeting on Thursday (19) at the Presidential Secretariat under the patronage of Prime Minister Dr Harini Amarasuriya.

The Committee convened to discuss strategies to maintain seamless government operations in the face of potential disruptions caused by the ongoing conflict situation in the Middle East, with particular focus on energy resource management.

According to officials, the discussions emphasised sustaining essential government services, ensuring continued service delivery to the public, and addressing the operational challenges faced by public sector employees during the current circumstances. The Committee also examined measures to mitigate any disruptions that could affect day-to-day administrative and service functions across ministries and departments.

Key attendees at the meeting included the Minister of Public Administration, Provincial Councils and Local Government A. H. M. M. H. Abayaratne; Secretary to the President Dr Nandika Sanath Kumanayake; Secretary to the

Prime Minister Pradeep Saputhanthri; Chief of Staff to the President Prabath Chandrakeerthi; and senior secretaries from key ministries including Health and Mass Media, Transport, Highways and Urban Development, Energy, and Digital Economy.

Representatives from state institutions such as the Ceylon Petroleum Corporation were also present, highlighting the government’s focus on energy security as a central priority. The Committee’s deliberations underscored a coordinated approach to balancing uninterrupted public service delivery with effective management of limited energy resources amid the ongoing geopolitical uncertainties.

Observers note that the formation of this Cabinet Committee reflects the government’s proactive stance in safeguarding national administrative functions and ensuring that critical public services remain resilient during times of external pressures.The Committee is expected to meet regularly to monitor developments, evaluate emerging risks, and implement practical measures to maintain operational continuity across the public sector.

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Sajith slams President over war conduct and economic missteps

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Opposition Leader Sajith Premadasa on Friday lashed out at President Anura Kumara Dissanayake in Parliament, accusing him of failing to uphold international law during wartime.

Premadasa said the President’s claim of neutrality ignored breaches of the UN Charter—including Articles 2.4 and 2.7—and other global conventions. “A neutral stance requires openly acknowledging violations,” he argued, criticizing the absence of ethical mechanisms to safeguard international law.

He also questioned the President’s handling of maritime issues, particularly whether Sri Lanka had been informed of the alleged attack on the Iranian vessel IRIS Dena, stressing that the Exclusive Economic Zone (EEZ) permits only peaceful activity.

On the economic front, Premadasa condemned the government for missing a chance to buy Russian oil during a 30-day U.S. sanctions suspension.

He said attempts to advise the Foreign Ministry, including a meeting with the Russian Ambassador, yielded no progress.

Premadasa further ridiculed the government’s earlier dismissal of the QR code fuel system, noting that officials are now adapting to it.

Turning to broader economic concerns, he called for immediate negotiations with the IMF to secure a new agreement, warning that the current primary balance of 2.3 is unsustainable. He stressed the urgent need for a poverty-reduction program, highlighting that one-third of Sri Lankans live in poverty.

He also demanded that surplus Treasury funds be used to support relief packages, arguing billions in reserves could aid households struggling with income shortfalls.Concluding his address, Premadasa criticized the government for failing to prepare for foreseeable crises, leaving the country vulnerable.

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Johnston Fernando, sons held in Lanka Sathosa lorry misuse case

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Former Minister Johnston Fernando, his two sons, and three others were remanded by the Wattala Magistrate’s Court yesterday (20) until April 2, the court confirmed.

The suspects, including Fernando’s elder son Johan, younger son Jerome, and a former transport manager of Lanka Sathosa, are under investigation by the Police Financial Crimes Investigation Division (FCID).

Authorities allege the Lanka Sathosa lorry was misused for operations linked to an ethanol company reportedly owned by Fernando, causing an estimated Rs. 2.5 million loss to the state.

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