News
US Ambassador meets with Ceylon Chamber leadership
The Ceylon Chamber of Commerce welcomed US Ambassador Julie Chung, during a courtesy visit. Ambassador Chung met Chairman Krishan Balendra, Vice Chairman Bingumal Thewarathanthri, Deputy Vice Chairman Vinod Hirdaramani, Secretary General and CEO Buwanekabahu Perera and other representatives of the Ceylon Chamber to discuss trade, investment, and economic opportunities between Sri Lanka and the United States, said a release from the Chamber.
Ambassador Chung extended her congratulations to Krishan Balendra on his appointment as Chairman of the Ceylon Chamber, and the U.S. Embassy’s interest in continuing and strengthening engagement with The Ceylon Chamber of Commerce, given its position as the premier and most influential representative of the private sector.
She also commended the Sri Lankan Government for its collaborative and constructive negotiation with the United States to achieve a fair, balanced, and reciprocal trade relationship.
The discussion highlighted Sri Lanka’s regional trade position and the potential to attract increased U.S. business interest following recent changes in global trade positions. Ambassador Chung emphasised that many U.S. companies are increasingly considering South Asia, with Sri Lanka emerging as a top option. She urged Sri Lanka to seize this window of opportunity by enhancing trade facilitation and creating a more conducive environment, including reducing non-tariff barriers, enhancing openness, and improving competitiveness.
Balendra referenced the Ceylon Chamber’s continuing engagement with the Government to enhance the ease of doing business and proactively address challenges to attracting foreign investment. He noted that while the U.S. Embassy engages with US companies abroad, the Ceylon Chamber will continue to support and facilitate investment on the ground in Sri Lanka. He extended an invitation for the United States to send a delegation to the forthcoming Sri Lanka Economic and Investment Summit, organised by the Ceylon Chamber, which will be held on 2nd and 3rd December at the Shangri-La, Colombo. Ambassador Chung reciprocated with an invitation to the Ceylon Chamber to coordinate a business delegation to the SelectUSA Investment Summit, at National Harbor, Maryland, outside of Washington DC, scheduled for 3rd to 6th May, 2026.
Discussions also covered tourism as a sector with strong growth potential, with both sides agreeing on the opportunity it presents. While Balendra stressed the need for a coordinated destination marketing effort as an important step in taking advantage of the sector’s growth potential, Ambassador Chung asserted that improved infrastructure is a prerequisite for supporting increased tourism inflows, said the release.
News
Buddhist hierarchy demands prison perks for monk convicts
MONETABRIEF– Sri Lanka’s two most senior Buddhist chapters, Malwatte and Asgiriya, demanded special concessions for monks serving prison sentences, following the disrobing of convicted monk Ven. Galagodaatte Gnanasara in line with established procedures.
The chief prelate of the Asgiriya chapter, Most Venerable Warakagoda Sri Gnanarathana, told Prisons Commissioner Senaka Palletenna that Ven. Gnanasara, who is serving a six-year sentence for contempt of court, must be released immediately.
Prison authorities have no power to release or pardon convicts, but Palletenna told the monk in Kandy on Friday that he would convey his request to the relevant government authorities.
“There is no point in talking about this and that… The entire country has been shaken (??????? ) . He must be released,” the Asgiriya chief prelate said.
The Malwatte chief prelate, Most Venerable Thibbatuwawe Sri Siddhartha Sumangala, appeared to accept the court verdict against Ven. Gnanasara, but asked the prisons chief whether a separate section could be established for convicted monks.
Palletenna noted that a special ward for the clergy already existed at Welikada Prison.
At least 63 convicted Buddhist monks are currently incarcerated within Sri Lanka’s criminal justice system.
Meanwhile, a group of 34 Buddhist monks named in a Colombo Fort Magistrate’s Court order to vacate the vicinity of the Presidential Secretariat ended their protest and dispersed after lunch on Friday.The monks are demanding an unconditional pardon for Ven. Gnanasara, who has previously been imprisoned, making him a reconvicted prisoner.
News
Debate on NCM against Speaker postponed indefinitely
The debate on the no-confidence motion against Speaker Dr. Jagath Wickramaratne, submitted by the Samagi Jana Balawegaya (SJB), has been postponed indefinitely pending the Attorney General’s opinion on certain technical issues in the motion.
Government representatives raised the matter at a meeting of the Committee on Parliamentary Business, pointing out that several provisions of the motion required clarification and that the Attorney General’s advice should be obtained.
As obtaining the opinion would take time, the debate could not be scheduled for the next parliamentary week, parliamentary sources said.
Chief Opposition Whip Gayantha Karunatilaka said a date for the debate would be decided after the Attorney General’s advice was received.
Meanwhile, Parliament is scheduled to meet from October 20 to 23, Secretary General of Parliament Kushani Rohanadeera announced.
The parliamentary business for the week was finalised at a meeting of the Committee on Parliamentary Business held on Friday (16) under the chairmanship of Deputy Speaker Dr. Rizvie Salih.
On each sitting day, the period from 9.30 a.m. to 10 a.m. will be allocated for parliamentary business under Items 1 to 6 of Standing Order 22. Questions for Oral Answers will be taken up from 10 a.m. to 11 a.m., followed by questions under Standing Order 27(2) from 11 a.m. to 11.30 a.m.
On Tuesday, October 20, an Opposition-sponsored Adjournment Motion will be debated from 11.30 a.m. to 5.30 p.m.
On Wednesday, October 21, a resolution under the Public Debt Management Act and a Supplementary Estimate will be taken up for debate and approval from 11.30 a.m. to 5 p.m. The annual reports of five statutory institutions will subsequently be presented for approval without debate, while questions at the Adjournment Time will be taken up from 5 p.m. to 5.30 p.m.
On Thursday, October 22, the Second Reading debates on two Bills to amend the Poisons, Opium and Dangerous Drugs Ordinance (Bills Nos. 79 and 80) will be held from 11.30 a.m. to 5 p.m.
The annual reports of five statutory institutions will then be taken up for approval without debate, followed by an Opposition-sponsored Adjournment Motion from 5 p.m. to 5.30 p.m.
On Friday, October 23, the Second Reading debate on the Elimination of Rabies and Registration of Dogs Bill will be held from 11.30 a.m. to 5 p.m. A Government-sponsored Adjournment Motion will be debated during the final half-hour of the sitting.
News
Karannagoda pushed for £24,536 for Yoshitha’s UK training, Court told
Former Navy Commander Admiral Wasantha Karannagoda had, by letter dated May 19, 2014, requested the Secretary to the Ministry of Defence to approve the funds required for former Navy Lieutenant Yoshitha Rajapaksa, son of former President Mahinda Rajapaksa, to attend the Royal Navy Young Officers Course at the Royal Navy Training College in the United Kingdom, the Colombo High Court was told on Thursday (15).
The court was informed that £24,536 in public funds had been spent on the training programme. The details emerged during testimony by a Navy representative appearing on behalf of former Navy Commander Admiral Travis Sinniah before Colombo High Court Judge Udesh Ranatunga, when the money laundering case against Rajapaksa was taken up for hearing.
Responding to questions during cross-examination, the witness explained that payments for Navy officers attending overseas training programmes were generally made in foreign currencies, including US dollars and British pounds.
Meanwhile, Navy Captain Nuwan Thushara Arangala, testifying for the prosecution, told court that Rajapaksa had received a total of Rs. 5,159,626.37 in salaries and allowances during his nine years of service in the Navy.
The court was informed that Rajapaksa had served as a Navy Lieutenant from December 14, 2006, to February 28, 2017, although his service had been suspended on February 28, 2016.
According to the testimony, his monthly gross salary was Rs. 16,390, in addition to allowances for food, uniforms, housing and special duties.
The witness clarified that these allowances did not include payments made for overseas training programmes or participation in sporting events while representing the Navy.
During the proceedings, the prosecution also submitted Rajapaksa’s annual declarations of assets and liabilities for the period from 2009 to 2015.
A National Savings Bank official also testified regarding savings accounts and fixed deposits maintained by Rajapaksa, stating that no withdrawals had been made from the accounts since they were opened.
Rajapaksa is facing charges under the Prevention of Money Laundering Act over his alleged failure to explain the source of nearly Rs. 735 million acquired between August 1, 2012, and August 29, 2013, in Rajagiriya and Bambalapitiya.
The prosecution alleges that funds suspected to have been derived from unlawful activities were deposited in bank accounts and fixed deposits.
The court also heard testimony concerning the appointment of a guardian for Daisy Forrest, the second defendant in the case, and matters relating to the clearance of an imported outside broadcasting (OB) truck associated with CSN television.
Further examination of witnesses was scheduled for October 30, with the court directing 11 prosecution witnesses to appear on that date.
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