News
‘Asian media appear to be weathering storms better than expected’:

Experts discuss Covid’s impact on media
The session was co-organized by China Daily, University of International Business and Economics, Shanghai International Studies University and Asia News Network.
SNS: Amid the spread of coronavirus pandemic, which has affected the businesses across the globe, a panel discussion session themed “COVID-19 and Impacts on the Media” was held virtually.
The session was co-organized by China Daily, University of International Business and Economics, Shanghai International Studies University and Asia News Network on Wednesday.
The panellists discussed how reporting strategies and operations of the media have changed amid the COVID19 pandemic.
Mr. Zhou Shuchun, Standing Committee member of the CPPCC National Committee and Publisher and Editor-in-Chief of China Daily, delivered the welcoming remarks.
“Chinese media colleagues have braved hardship and danger to record heart-warming battles to tell the story of China’s fight against the pandemic, which boosted the morale of frontline warriors,” he said.
Later, Dr. John Gong, Professor of Economics, University of International Business and Economics; and Dr. Debao Xiang, Professor of School of Journalism and Communication, Shanghai International Studies University; shared their insights on the topic.
John Gong pointed out that the model of the media is changing. “Now people are more and more receiving messages through relays of information. What this difference makes is that, in order for the message to be relayed, there is a tendency for the message to go extreme. You’re moving into a world where you have those short snackable video clips kinds of product that people tend to use or like to watch. There’s no difference between fact and opinion-editorial,” he said.
“It is now even more difficult for readers to get information that is objective, fact-based. Traditional media need to tighten their seatbelt and stick to what they are doing. If you have to sacrifice your journalistic standard for traffic volume, this is deplorable. The government needs to take actions. I think we have quite a strong government here in China that looks after this disinformation and misinformation,” he added.
Debao Xiang pointed out that the pandemic’s impact on the industry is both negative and positive. “There is a decrease in the average media budget due to the coronavirus. Around 35,000 journalists in the US have been laid off and faced pay cuts amid the pandemic. This is not only influenced by COVID-19 but also the impact of the new technologies. But audience trust for journalists has increased …this is a good phenomenon for the journalism industry,” he said.
Insight Spotlight was followed by a panel discussion which was moderated by Mr. Pana Janviroj, Executive Director, Asia News Network; and Dr. DJ Clark, Multimedia Director, China Daily Asia Pacific.
Prominent leaders from media companies and experts joined the panel discussion. They were: Mr. Zhiming Chen, Deputy Director of International News Department, China Daily; Mr. Choo Joon Kian, Deputy Editor in Chief, Sin Chew Daily; Mr. Philip Golingai, News Editor, The Star; Mr. Ziaul Hoque, News Editor, The Daily Star; Ms. Vivian Hsiao, Reporter, China Post; Mr. Min Thaw Htut, Executive Director, Eleven Media Group; Mr. Nitish Kapoor, ANN Editorial Coordinator, The Statesman; Ms. Juliet Labog-Javellana, Associate Publisher, Philippine Daily Inquirer; and Mr. Ly Tayseng, CEO, Phnom Penh Post, Cambodia. They examined the implications of COVID-19 on the media industry. They discussed the future development of the media industry.
Pana Janviroj pointed out that many Asian media appear to be weathering the storms better than expected. But more importantly there is a consensus from bottom to top of the newsrooms, despite the dwindling resources and advertising revenue plunges, the relentless determination to do their jobs.
“Those are to bring accurate reportings to readers and keep them well informed. The reporters are determined to do their jobs because readers and public at large appreciate their works. The Covid-19 era has endowed long awaited public appreciation of mainstream national media and journalism,” he said.
Zhiming Chen highlighted that technology has played a key role to contain the 2020 virus. “As a news organization with global reach, China Daily is fortunate to have offices and reporters worldwide. This means, during critical moments in COVID-19 coverage, we have nose, eyes, ears on spot. This kind of local presence was invaluable for us,” he said.
Choo Joon Kian said Sin Chew Daily has not laid off or had pay cuts for anyone. The company has officially launched a membership scheme. He said that the number of members has increased to 240,000 and their e-papers have increased by 5 percent. The company plans to set up a paywall on Apple next year.
Philip Golingai said, “For me, with the retrenchment in most of the media organizations in Malaysia and also downsizing and some closures, having at least three to five news organizations is very promising for us. Roughly, that’s the situation for us.”
Ziaul Hoque said the COVID-19’s impact has been unsettling. “Our revenue went down twothirds. There have been job cuts but they are not related to the pandemic. For workload, we have to adapt to these situations because it is the demand of the time. I think it’s a positive thing, in a sense that what we had to do, it expedited the process (to digitalization). We had to remodel business models,” he said.
Vivian Hsiao said she saw a bump in the number of readers in the beginning. “When covering the COVID-19 pandemic, our readers really needed to know what’s going on. I think the responsibility of the media increased greatly this year, but we have to be careful in covering the pandemic and provide accurate information because we wanted to give our readers the current information. But we also wanted to avoid creating unnecessary panic among them as well,” she said.
Min Thaw Htut said revenues from print advertising have declined. But that decline has been covered by digital investments. “Even though our core content is news, we have also diversified our content. The main lesson I have learnt is that we have to remain trustworthy, reliable and independent to do our main core functions. The other thing that we have to be mindful about is that the attention for eyeballs is very competitive. How do we survive this? It’s by creating good quality news,” he said.
Nitish Kapoor said revenue was going down at the start of the pandemic. “But with an increase in internet users, we have gained revenue. Eventually, we’ll get long-term benefits for sure. It will surely come back to us,” he said.
Juliet Labog-Javellana pointed out that one of the positive impacts of COVID-19 for the media is it provided the impetus to accelerate digital transformation and innovation. “So what the Inquirer did was to move quickly to different platforms like we hosted more than a dozen webinars; print journalists went into podcast….we published newsletters. Because most of our staff are working from home so maybe the big challenge during this pandemic is that media’s access to government officials has been limited because there are no face-to-face press conferences. Officials can mute you online. There’s no opportunity to grill officials. The Inquirer had to leverage our credibility to counter the ‘disinfodemic’ about COVID-19 which posed a danger to people’s lives,” she said.
Ly Tayseng said, “This year, we didn’t have to retrench staff. This year, our advertising for printed media was reduced by 30 percent, but our subscription number has remained the same. Our digital revenue is increasing, but it is not significant. If the advertising revenue keeps dropping, I think there may be an impact for next year.”
Founded in 1981, China Daily covers 33 million readers and users worldwide through diversified platforms, including newspapers, websites, and mobiles and social media.
The number of China Daily’s followers has now reached 55 million on Weibo, 9.5 million on the WeChat Blog platform, 99 million on Facebook and another 4.39 million on Twitter.
The China Daily Asia Leadership Roundtable is a by-invitation network of movers and shakers in Asia, providing platforms for focused dialogue, issue investigation and possible collective action on strategic issues relating to Asia’s economic, business and social development.
News
COPE discovers fake documents covering drug imports in 2022/23

The Parliamentary watchdog Committee on Public Enterprises (COPE) has found that there were fake documents regarding the importing of medicines under the emergency procurement system in 2022 and 2023.
This was revealed during a COPE meeting held at Parliament probing the transactions of the National Medicine Regulatory Authority (NMRA).
NMRA CEO Saveen Semage told the committee that several fake documents have been found due to the lack of registration of medicines.
Stating that six such fake documents were found last year alone, Semage said he had recorded statements regarding each of the documents with the Financial Crimes Investigation Division.
He revealed that, however, no investigations have been conducted yet into the incidents.
“We have documents with confessions from a woman accepting that fake documents had been made. However, a statement has not even been recorded from that woman yet,” he said.
Meanwhile, COPE member MP Asitha Niroshana Egoda Vithana also revealed that the highest number of waive-off registrations (WOR) for medicines had been obtained in 2022 and 2023.
He said 656 such WORs had been obtained in 2022 and 261 in 2023, adding that this proves that discrepancies have taken place during the emergency procurement of medicines during these periods.
Furthermore, Deputy Director General of the Medical Supplies Division of the Health Ministry, Dr. G. Wijesuriya said discussions are underway on allowing the State Pharmaceutical Corporation (SPC) to directly import essential medicines.He pointed out that it was essential to take a policy decision in this regard as a solution to mitigate such discrepancies.
News
Batalanda report tabled in parliament, forwarded to AG

The Batalanda Commission report was tabled in Parliament on Friday by the Leader of the House and Transport Minister, Bimal Ratnayake.
Minister Ratnayake announced that the government has decided to forward the report to the Attorney General for legal advice. Additionally, a Presidential Committee will be appointed to provide guidance and recommendations on how to proceed with the findings of the report.
Ratnayake said that the Cabinet of Ministers, along with President Anura Kumara Dissanayake, has made a policy decision to take necessary action in response to the report. He reassured the public that steps are being taken to ensure that such a dark chapter in the country’s history is never repeated.
Minister Ratnayake said that a two-day debate on the Batalanda Commission report will be scheduled in Parliament at an appropriate time, allowing for a detailed discussion on the report’s findings and recommendations.
The report, which will be printed in all three official languages—Sinhala, Tamil, and English—will be made available to the public in the near future. Ratnayake confirmed that printed copies would be provided to members of Parliament as well as the general public for their review.
The Leader of the House further revealed that there are 28 evidence volumes associated with the commission’s work, which will be submitted to Parliament at a later date for further scrutiny.
Ratnayake said that as entire country concerned of the Batalanda Commission’s findings, the government’s commitment to addressing the issues raised and preventing future atrocities stands clear. The next steps, including legal action and policy recommendations, will be shaped by expert advice and informed parliamentary discussions, he said.
News
CB Governor stresses need to assist crisis-hit construction industry

Governor of the Central Bank Dr. Nandalal Weerasinghe on Friday (14) emphasized the importance of promoting a sustainable and cost-effective construction industry in the country, highlighting key challenges and opportunities in the sector.
Speaking at ‘Construction Expo 2025’, Dr. Weerasinghe underscored the need for Sri Lanka to align with global trends in sustainable construction, integrating cost-effective energy solutions and eco-friendly building practices.
“I must say my views here are not necessarily as Governor of the Central Bank of Sri Lanka, but as a person looking at this construction industry and how this can be developed and what the issues are. Sustainability in construction is essential, not just for new projects but also for existing buildings,” he noted.
Dr. Weerasinghe acknowledged that the construction sector has been one of the hardest-hit industries due to multiple economic pressures in recent years including the decline in public investments, high material costs and the industry being dependent on government projects.
The CBSL Governor, who acknowledged that the government faced fiscal constraints, limiting infrastructure spending and delaying payments to contractors, said that however, the outstanding arrears had now been settled.
“Government did not have space to spend money for public investment, especially construction that had a significant impact on the industry in the last couple of years, plus the government inability to pay the arrears for a long period. That was an issue we all recognize that has been one of the adverse impacts the industry had in the past”, he expressed.
“Also the cost of materials went up significantly, partly because of foreign exchange shortages. As a result, the shortage had shot up the prices of construction materials, as well as depreciation of the currency, high interest rates, finance costs, and other factors. We all recognize that it had an adverse impact on the industry. It’s one of the worst affected industries because of all these factors.”
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