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Lanka anti-monopoly provisions scattered among 37-laws: Japan study
ECONOMYNEXT – Sri Lanka does not have a comprehensive regime to stop ant-competitive behaviour but there are provisions to promote competition scattered among 37 pieces of legislation, according to an assessment by the Japan International Cooperation Agency.
Harsha Fernando, President’s Counsel, had presented some of the findings at a recent forum had said Sri Lanka does not have a comprehensive competition law regime.
There were both legal and regulatory provisions for promotion of competition and prevention of anti-competitive practices in as many as 37 enactments, with the purview and enforcement responsibilities distributed among both regulatory agencies as well as service providers.
A high level delegation from the Japan Fair Trade Commission (JFTC) joined the seminar to share their insight on the background and key aspects of the competition laws the agency’s role in securing a transparent and competitive business climate in Japan.
Deputy Secretary General Tanaka Kumiko, Deputy Director Sakuma Yukiko and Chief Investigator Matsuo Akiko, explained the practices from Japan.
Japan had broken up the ‘zaibatsu’, giant corporate groups, after World War II, and opened opportunities for new entrants to the market and promoted competition.
The Anti-Monopoly Act of Japan introduced a comprehensive legal framework to prevent anti-competitive actions and promote competition.
The JFTC is the law enforcement authority on the provisions of the Anti-Monopoly Act, and also conducts advocacy activities to enhance public awareness and support towards measures fostering competition.
JICA said in expects that the findings of the assessment, coupled with the lessons from Japan would provide a strong foundation for the Sri Lankan stakeholders in determining the policy direction for Sri Lanka.
Meanwhile critics have said in Sri Lanka government itself has imposed high import duties, feeding corporate greed and monopolies of ‘domestic producers’ allowing them to exploit poor consumers with higher than world prices.
Due to high import duties and so-called para-tariffs Sri Lanka is no longer an ‘open economy’ it once was economists are now saying.
News
House erupts over suspension of Deputy Secretary General
Opposition and SJB Leader Sajith Premadasa yesterday raised concerns over the recent suspension of Parliament’s Deputy Secretary General and Chief of Staff, G.K.A. Chaminda Kumara Kularatne, alleging that the process appeared to be mala fide. Addressing Speaker Jagath Wickramaratne in Parliament, Premadasa said that the existence of a personal disagreement between the Speaker and the suspended official had created a potential conflict of interest.
Premadasa said disciplinary action against senior parliamentary officials had to be taken in keeping with established parliamentary precedents. He also questioned the legality and propriety of a lower-ranking official leading an inquiry against a senior officer.
“For the first time, we are witnessing a rift between the Speaker and the staff of the Secretary-General. All parties must step back, act democratically and ensure that the fundamental rights of Chaminda Kularatne are safeguarded,” he added.
ITAK Batticaloa District MP Shanakiyan Rasamanickam said Kularatne had not been given an opportunity to respond to the allegations made against him.
“This is a disgraceful situation. A complaint has been lodged against you with the Bribery Commission. Parliament is the supreme institution of democracy in this country, and the precedent being created here is dangerous,” Rasamanickam said, addressing the Speaker.
SJB Kandy District MP Chamindranee Kiriella said the Speaker was duty-bound to inform the House before disciplinary action was taken against a parliamentary official. SJB MP Ajith P. Perera said it was unethical for the Speaker to assume a leadership role in the inquiry, and called for the matter to be entrusted to an independent authority.
Responding on behalf of the Government, Chief Government Whip and Health and Mass Media Minister Dr Nalinda Jayatissa said the chief investigating officer, S.K. Liyanage, an Additional Secretary, had been appointed by the Staff Advisory Committee on 25 August, 2025. He said Liyanage had been selected from a pool of qualified officers at the Ministry of Public Administration and had prior experience in conducting investigations.
Leader of the House and Transport Minister Bimal Rathnayake said the Staff Advisory Committee had agreed on the respective powers of parliamentary officials, noting that the Secretary General would hold powers equivalent to those of Ministry Secretary, while the Deputy Secretary General would hold powers equivalent to those of an Additional Secretary.
“There is no irregularity in the conduct of the investigation or in the appointment of the investigating officers,” Rathnayake said.
On 24 January, 2026, Parliament announced the immediate suspension of Deputy Secretary General and Chief of Staff Chaminda Kularatne with effect from 23 January, citing concerns relating to his appointment. Kularatne had assumed duties on 15 September, 2023.
On Monday, Kularatne filed a complaint with the Commission to Investigate Allegations of Bribery or Corruption against Speaker Jagath Wickramaratne, alleging corruption. His legal counsel, Attorney-at-Law Mithun Dias, said the complaint had been filed against the Speaker in his personal capacity and not against the government.
However, Dr Jayatissa told the House that the investigation into Kularatne was based on concerns relating to his appointment, qualifications and the process by which he had been confirmed in that post and was not linked to any personal dispute with the Speaker.
By Saman Indrajith
News
78th Independence Day celebrations at Bogambara Stadium
The 78th Independence Day celebrations in the Central Province are scheduled to be held today from 8:00 AM at the Bogambara Stadium, Kandy.
The celebrations are jointly organised by the Central Provincial Council and the Kandy District Secretariat. The Governor of the Central Province, Prof. S.B.S. Abeykoon, is expected to grace the occasion as the Chief Guest.
The event will also see the participation of Kandy District Members of Parliament, the Chief Secretary of the Central Province, Mr. Ajith Premathilake, as well as representatives from the Tri-Forces, Police, school students, and various voluntary organisations.
The ceremony will feature a formal parade and cultural performances by school children.
By S.K. Samaranayake
News
Colombo-Kandy railway line to be fully restored this year – Minister Bimal
Minister of Transport, Highways, and Urban Development, Bimal Rathnayake, has announced that the reconstruction of the Colombo-Kandy railway line, which was severely damaged by landslides in the Balana and Kadugannawa areas, will be completed within this year to restore normal train services.
The Minister made this statement during the Kandy District Development Committee meeting held at the District Secretariat. He noted that work will commence following the observations and technical reports provided by the National Building Research Organisation (NBRO) regarding the stability of the landslide-affected areas.
Financial Management and Development
Minister Rathnayake emphasised that the government possesses the necessary funds for development projects.
“Our government has the funds. However, all officials must ensure these funds are managed efficiently so that they are fully utilised for development, without being returned to the Treasury at the end of the year,” he stressed.
Improvements in Public Transport
Highlighting the progress in the transport sector, the Minister shared several key updates
• Recruitment: 700 new employees have been recruited to the Sri Lanka Transport Board (SLTB) and are currently undergoing training.
• School Transport: Steps are being taken to strengthen the ‘Sisu Sariya’ school bus service within the Kandy District.
• Infrastructure: The reconstruction of the Peradeniya Black Bridge (Kalu Paalama), which was damaged during the ‘Ditwah’ disaster, is nearing completion.
Welfare facilities for Private Transport Workers
The Minister also revealed plans to support the welfare of private bus drivers and conductors.
“We must look after the workers in the private transport sector as well. We are planning to establish a welfare fund for them and are taking steps to include them in the Employees’ Provident Fund (EPF) system,” he added.
Concluding his remarks, the Minister urged state officials to perform their duties responsibly and ensure that the inefficiencies seen under previous administrations do not recur.
By S.K. Samaranayake
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