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Sri Lanka’s private sector given a spotlight at United Nations
At the United Nations Private Sector Forum in New York, Dilhan C. Fernando, CEO & Chairman of Dilmah Tea and Chairman of UN Global Compact (UNGC) Network Sri Lanka, represented Sri Lanka with Supun Weerasinghe, CEO of Dialog Axiata and Rathika de Silva, Executive Director of Global Compact Network Sri Lanka. The two CEOs and Network Director were the first Sri Lankans to be invited by UN Secretary General Antonio Guterres to the prestigious gathering. The Forum took place alongside the UN General Assembly with global leaders, CEOs, and policymakers meeting during a pivotal moment for the United Nations as it marks its 80th year.
In his intervention, Dilhan drew the forum’s attention to the critical role of Sri Lanka’s small entrepreneurs. With the 2030 target year only five years away, and only 35% of the Sustainable Development Goals (SDGs) on track, and 18% regressing, he emphasised the importance of including SMEs as partners in changing that trajectory. He advocated enabling them with access to finance, policy support and knowledge, while powering them with access to quality infrastructure and markets.
Dilhan emphasised the importance of creating collaborative mechanisms and support systems to enable small businesses to thrive in a changing global marketplace, positioning them as key partners in promoting sustainability and inclusive growth. With over 50% of Sri Lanka’s GDP formed by SMEs, this perspective reinforced the need for Sri Lanka’s unique priorities and aspirations to be represented on the global stage.
In other interventions, the Network Sri Lanka team, also joined by Hasrath Munasinghe of Commercial Bank, engaged UNGC and other UN entities in a bid to mobilise impact investment and stronger international support for Sri Lanka’s social and environmental development priorities.
Members of Sri Lanka’s private sector participating at the United Nations Private Sector Forum in New York signals that Sri Lanka is engaging with the world at a critical juncture, actively contributing toward global sustainability objectives. As the UN marks key anniversaries in 2025 – 10 years since the 2030 Agenda and 25 years since the founding of the UN Global Compact – the presence of Sri Lankan corporate leaders affirms that the country is part of this collective journey.
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Latha Walpola passes away at the age of 92
Sri Lankan singer Latha Walpola has passed away today (27) at the age of 92.
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Sajith warns country is being dragged into authoritarian rule
Opposition and SJB Leader Sajith Premadasa has alleged that the current government is attempting to suppress freedom of expression and media freedom to lead the country towards authoritarian rule.
In a video message on Thursday (25), Premadasa said that in a democratic country, the four main pillars safeguarding democracy are the legislature, the executive, the judiciary, and the independent media, but, at present, the government is using the police to violate both the democratic rights of the people and the rights of police officers themselves.
He said that the government is working to establish a police state that deprives citizens of their right to access truthful information.
“For democracy to be protected, media freedom must be safeguarded, and space must be given to independent media. Instead, the government is interfering with the independent media process, using the police to suppress and intimidate independent media,” he said.
He noted that even when independent media present their views based on reason, facts, and evidence, the government attempts to suppress them. Such actions, he said, amount to turning a democratic country into a police state. “Do not suppress the voice of the silent majority, the independent media,” he urged.
Premadasa emphasised that independent media represent the voice of the silent majority in the country and must not be suppressed.
“Media repression is a step towards authoritarian rule, and the people did not give their mandate to create an authoritarian regime or a police state. If the government attempts to abolish democratic rights, the Samagi Jana Balawegaya will stand as the opposition against it,” he said.
The Opposition Leader further alleged that the government was interfering with police independence, stating, “Political interference has undermined the independence of the police, making it impossible for them to serve impartially. Suppressing freedom of expression is an attempt to lead the country towards authoritarian rule.”
Premadasa pointed out that the media has the right to reveal the truth, and interfering with that right is a violation of the rights of 22 million citizens.
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Wholesale mafia blamed for unusually high vegetable prices
Vegetable prices at the Peliyagoda Manning Wholesale Market surged to unusually high levels yesterday (26), raising concerns among consumers as the festive season drives up demand. The situation is expected to persist over the next few days, a spokesman for the Manning Market told The Island.
He said a sharp increase in the number of buyers visiting the wholesale market, ahead of upcoming festivities, had resulted in a sudden spike in demand, prompting wholesale traders to raise prices significantly. The price hikes have affected a wide range of commonly consumed vegetables, placing additional pressure on household budgets.
According to market sources, the wholesale price of beans climbed to Rs. 1,100 per kilogram, while capsicum soared to Rs. 2,000 per kilogram. Green chillies were selling at around Rs. 1,600 per kilogram. Prices of other vegetables, including beetroot, brinjal (eggplant), tomatoes, bitter gourd, snake gourd and knolkhol, also recorded unusually high increases.
The spokesman alleged that despite the steep rise in prices, vegetable farmers have not benefited from the increases. Instead, he claimed that a group of traders, who effectively control operations at the wholesale market, are arbitrarily inflating prices to maximise profits.
He warned that if the relevant authorities fail to intervene promptly to curb these practices, vegetable prices could escalate further during the peak festive period. Such a trend, he said, would disproportionately benefit a small group of middlemen while leaving consumers to bear the brunt of higher food costs.
By Kamal Bogoda ✍️
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