News
Wickremaratne remains IGP despite CC’s refusal to approve his extension
By Shamindra Ferdinando
The continuing controversy over the third extension granted to IGP C. D. Wickremaratne has taken a new turn with the Constitutional Council (CC) declining to approve President Ranil Wickremesinghe’s recommendation. Extensions are granted subject to CC’s approval.
Wickramaratne, however, continues to hold the post of IGP.
Political sources said that Opposition Leader Sajith Premadasa and civil society members of the CC had taken a strong stand against yet another extension to Wickremaratne when they met in Parliament on Tuesday (17). The CC has reiterated that a third extension couldn’t be granted under any circumstances. Speaker Mahinda Yapa Abeywardena chaired the CC meeting.
Wickremeratne succeeded Pujith Jayasundera after the latter was sent on compulsory leave in the wake of the 2019 Easter Sunday carnage.
Some political sources however said there was no basis for reports that President Wickremesinghe had reinstated Wickremeratne after the CC removed him as the Head of State didn’t exercise such power. Interested parties misinterpreted a decision taken by the CC on Tuesday (17) to cause confusion, sources said, adding that the CC declined to endorse President Wickremesinghe’s recommendation as he had been previously informed of their decision not to grant a further extension.
The CC consists of Speaker Mahinda Yapa Abeywardena, Premier Dinesh Gunawardena, Leader of the Opposition Sajith Premadasa, Minister Nimal Siripala de Silva, MP Sagara Kariyawasam, Dr. Prathap Ramanujam, Dr. (Mrs) Dilkushi Anula Wijesundera, and Dr. (Mrs) Dinesha Samararatne.
However, Nimal Siripala de Silva and Kabir Hashim were not present at Tuesday’s meeting when CC decided to reject the President’s recommendation.
Sources said that the CC promptly approved the first three month extension granted to Wickremaratne in April though he retired in late March. When the President granted a second three month extension, the CC had requested that a new IGP be appointed as further extension couldn’t be given, sources said. Therefore, the IGP remained in office contrary to the constitutional provisions in this regard as the CC has denied approval, sources said.
The two senior most officers in the department – Senior DIGs Nilantha Jayawardena and Deshabandu Tennakoon – are named in the report of the Presidential Commission of Inquiry (P CoI) into 2019 Easter Sunday carnage.
Sources said that during Tuesday’s deliberations in Parliament some members of the CC asserted that approval shouldn’t be denied as both President Wickremesinghe and Public Security Minister Tiran Alles were out of the country. However, others had emphasized that they couldn’t go back on their earlier decision not to grant further extension, sources said.
News
PM Harini meets Commonwealth Secy-General in London
Prime Minister Harini Amarasuriya met with the Secretary-General of the Commonwealth of Nations, Shirley Ayorkor Botchwey, at Marlborough House, in London, on Thursday (21).According to the Prime Minister’s Office, the meeting took place during the official visit of PM Amarasuriya to London, for the 43rd Commonwealth of Learning (COL) Board of Governors Meeting 2026.
PM Amarasuriya met with the Secretary-General to discuss areas of mutual cooperation and shared priorities within the Commonwealth framework.
During the meeting, the Prime Minister expressed appreciation for the Commonwealth’s engagement with Sri Lanka and commended the Secretary-General’s leadership in enhancing the relevance and effectiveness of the Commonwealth.
Discussions focused on climate change, climate finance, democratic governance, women’s political participation, and ongoing Commonwealth support for member states.
PM Amarasuriya highlighted Sri Lanka’s commitment to resilience-building, sustainable development, and inclusive governance, while appreciating the continued engagement and support extended by the Commonwealth Secretariat.
The Secretary-General reaffirmed the Commonwealth’s readiness to continue supporting Sri Lanka through technical assistance, capacity-building initiatives, and collaboration in areas including climate finance and electoral governance.
Both sides also exchanged views on upcoming Commonwealth engagements and underscored the importance of strengthening cooperation among member states to address shared global challenges.
High Commissioner Nimal Senadeera and senior officers of the High Commission of Sri Lanka accompanied the Prime Minister to the meeting.
News
IRD tops Rs. 1 Trillion in tax revenue
The Inland Revenue Department (IRD) has surpassed the Rs. 1 trillion mark in tax revenue collection, recording a major milestone in the country’s revenue generation efforts and fiscal management.In an official statement issued yesterday, the Department said the achievement was reached on May 18, 2026, reflecting a significant contribution towards strengthening Sri Lanka’s financial stability and sustaining public services.
Commissioner General of Inland Revenue, Rukdevi P. H. Fernando, announced the milestone and expressed appreciation to taxpayers for their contribution to the national economy.
“I am pleased to inform you that the Inland Revenue Department proudly marks the achievement of collecting over rupees one trillion in tax revenue as of May 18, 2026, strengthening the country’s financial stability and public services,” the statement said.
The Commissioner General also extended gratitude to citizens who fulfilled their tax obligations through direct and indirect tax payments.
“I extend my sincere thanks to all esteemed citizens who fulfilled their duty toward the country and contributed to this achievement by paying taxes directly and indirectly,” the statement added.
The IRD noted that the revenue milestone underscores the importance of tax compliance in supporting government expenditure, economic recovery efforts and the delivery of essential public services.
News
India–Sri Lanka Business Forum highlights new momentum in trade, investment and connectivity
The Ceylon Chamber of Commerce, in partnership with the Confederation of Indian Industry (CII), organised the India–Sri Lanka Business Forum: Partnering in Sri Lanka’s Growth and Investment and the CII – Ceylon Chamber CEOs Interaction, in Mumbai, on 13 May, 2026. The events brought together senior government representatives, industry leaders, policymakers, and business delegates from India and Sri Lanka to deepen economic engagement and explore new avenues for cooperation across priority sectors.
The discussions reflected growing optimism about India-Sri Lanka economic relations and focused on expanding collaboration in trade, investments, connectivity, tourism, renewable energy, logistics, digital transformation, infrastructure, healthcare, education, manufacturing, and technology.
Participants included Mahishini Colonne, High Commissioner of Sri Lanka to India; Duminda Hulangamuwa, Senior Economic Advisor to the President of Sri Lanka; Dr Rajesh Ravindra Gawande, Secretary (Protocol, FDI, Diaspora & Outreach) and Chief of Protocol, Government of Maharashtra; Priyanga Wickramasinghe, Consul General of Sri Lanka in Mumbai; Krishan Balendra, Chairperson, The Ceylon Chamber of Commerce and Chairperson, John Keells Holdings PLC; Anurag Agarwal, Co-chairman, CII Western Region Sub-committee on International Trade & Investment and Chief Executive Officer, Polycab India Ltd; Vishal Kamat, Chairman, CII Western Region Sub-Committee on Tourism and Hospitality and Executive Director, Kamat Hotels India Ltd; Bingumal Thewarathanthti, Vice Chairperson of the Ceylon Chamber and CEO Standard Chartered Bank Sri Lanka, Vinod Hirdaramani – Deputy Vice Chairperson of the Ceylon Chamber and Chairman Hirdaramani Group, and Mr Shiran Fernando, Secretary General & CEO of the Ceylon Chamber.
Welcoming the delegates, Anurag Agarwal, highlighted the growing momentum in India–Sri Lanka economic relations and the emergence of future-oriented sectors driving bilateral cooperation.
He noted that India and Sri Lanka are at an important phase of economic collaboration, where connectivity, investments, innovation, and sustainable partnerships are creating new opportunities for shared growth. He further emphasised the significant potential for deeper engagement in sectors such as renewable energy, tourism, ICT, logistics, digital services, healthcare, manufacturing, education, and infrastructure.
Agarwal also stated that improved maritime connectivity, ferry services, enhanced air links, and digital payment integration are strengthening ease of doing business and regional commerce. He reiterated CII’s commitment towards facilitating greater business-to-business engagement, investment partnerships, and sectoral cooperation between India and Sri Lanka.
Addressing the forum, the High Commissioner of Sri Lanka to India, Mahishini Colonne said, “The sectors represented here – renewable energy, infrastructure, technology, tourism, financial services, logistics, manufacturing and digital innovation – reflect where the next phase of India-Sri Lanka economic cooperation will increasingly be shaped. This is not simply about increasing trade volumes. It is about building long-term partnerships, joint ventures, regional value chains, technology collaborations, skills partnership and stronger private sector connectivity between our two countries”.
Duminda Hulangamuwa, Senior Economic Advisor to the President of Sri Lanka, stated that “Sri Lanka has shifted from economic stability to growth. As we shift into a sustainable growth path, India will be a key partner in our efforts to drive trade, investment and tourism. We invite investment from India into high growth sectors such as transport and logistics, digital services, tourism and high-value manufacturing.”
Speaking during the forum, Krishan Balendra, Chairperson, The Ceylon Chamber of Commerce and Chairperson, John Keells Holdings PLC, said “At the Ceylon Chamber of Commerce, we see our role as going beyond facilitation. We aim to be an active catalyst and bridge, bringing together businesses, enabling partnerships, and supporting investment flows that contribute meaningfully to Sri Lanka’s economic transformation. Sri Lanka is now pivoting towards a growth oriented future. In this context, India is not just a neighbour, but a critical partner.”
The discussions during the forum reflected strong optimism regarding the future of India-Sri Lanka economic relations and highlighted opportunities arising from enhanced maritime and air connectivity, digital payment systems, energy cooperation, and logistics integration. The role of tourism, people-to-people linkages, skilling, sustainability, and technology partnerships also featured prominently during the deliberations.
The forum witnessed active participation from industry leaders representing sectors including infrastructure, hospitality, logistics, renewable energy, pharmaceuticals, ICT, manufacturing, financial services, and trade facilitation. Business networking interactions and B2B engagements enabled delegates to explore potential collaborations and investment opportunities.
Delivering the concluding remarks, Vishal Kamat, Chairman, CII WR Sub-Committee on Tourism & Hospitality and Executive Director, Kamat Hotels India Ltd, stated that the India–Sri Lanka partnership is entering a new era driven by trust, resilience, connectivity, and shared regional aspirations. He underlined the important role of industry in translating opportunities into actionable partnerships and reaffirmed CII’s commitment towards supporting sustained economic engagement between both countries through policy advocacy, business delegations, CEO interactions, and investment facilitation initiatives.
The India–Sri Lanka Business Forum concluded with strong optimism regarding the future of India-Sri Lanka economic relations and a shared commitment to deepen private sector engagements, strengthen regional connectivity and build long-term strategic partnerships that contribute to inclusive and sustainable regional growth.
-
Features6 days agoSri Lankan Airlines Airbus Scandal and the Death of Kapila Chandrasena and my Brother Rajeewa
-
News7 days agoLanka’s eligibility to draw next IMF tranche of USD 700 mn hinges on ‘restoration of cost-recovery pricing for electricity and fuel’
-
News6 days agoKapila Chandrasena case: GN phone records under court scrutiny
-
News6 days agoRupee slide rekindles 2022 crisis fears as inflation risks mount
-
Features3 days agoOctopus, Leech, and Snake: How Sri Lanka’s banks feast while the nation starves
-
Business6 days agoExpansion of PayPal services in Sri Lanka officially announced
-
News2 days agoSteps underway to safeguard Sri Lanka’s maritime heritage
-
News6 days agoCourt orders further arrests in alleged USD 42 Mn NDB fraud case
