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Eran outlines practical solutions aimed at resolving corruption and other issues

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Eran Wickramaratne M.P.

Samagi Jana Balavegaya M.P Eran Wickramaratne recently unveiled the following eleven-point blueprint for the country’s economic development under a future SJB government. Eran Wickramaratne, who is a member of the SJB’s Centre for Economic Policy, outlined his project titled, ‘The Correct Direction of the Economy’ at a forum attended by the local business community, at the Hilton Hotel on February 14.

Following is a transcript of Eran Wickramaratne’s address:

One of the things we will do immediately is making the CBSL independent

We know what happened with printing of money and inflation and the consequences resulting from them.

Monetary Policy of the CBSL will be independent from the Fiscal Policy of Treasury.

The law was drawn in 2019. The then Secretary to Treasury Dr .R.H.S Samaratunge, CBSL Governor Dr. Indrajith Cooomaraswamy, Dr. Nandalal Weerasinge, Minister of Finance at that time Mangala Samaraweera and myself as the State Minister of Finance and other officials were all involved in it. I am calling upon the present government to bring in this piece of legislation even before we come to office, otherwise it will be the first legislation we will enact.

Bribery and corruption

If we are going to build this country, we must focus on some special issues. Bribery and corruption must be stopped.

Politicians like us, high-level officials, must publicize our assets and liabilities. I beg you, you don’t have to wait for the law to come in. As a private member, I have submitted a bill to parliament regarding disclosure of assets and liabilities, and I am asking the government to make that bill law.

Special attention will be focused on anti-corruption measures, as they are a panacea for all ills in governance. Country cannot be changed only by law but by the example of leaders.

We urge the govt. to bring in the law which has already been submitted as a private member’s bill to enable the publicising of assets and liability declarations of politicians and those of senior officials.

There is no need to wait for the draft, I request President Ranil Wickremesinghe.

There is no need for a law to exist; make your declaration of assets and liabilities public.

There are two other former Presidents in parliament, Mahinda Rajapaksa and Maithripala Sirisena, and I request them also to make their assets declarations public. This is an exemplary act that could be gone through forthwith by rulers. Countries don’t change only by law-making, on the contrary, countries change by the examples of leaders.

Therefore, I called upon the present and former Presidents who are sitting in parliament to go public with their Asset Declarations which will compel MPs, such as myself and high officials in this country, to be accountable to the public.

Secondly: Make CIABOC independent. Now it is not independent. When a theft is reported, people are tracked down and police officers are appointed by the government to investigate it. As soon as the government changes, those officials are transferred out of it. It completely disrupts the investigations. This is the type of anti-corruption system this country has. So the law to make the Commission independent is a must.

The third point is: The Star Program. The Stolen Assets Recovery Program, a program of the United Nations. We will bring a law to implement this program. According to that law, even if such stolen resources are hidden in Sri Lanka or in a foreign country, they could be traced and brought back to the country.

The fourth point related to bribery corruption is: For example, today a person could be a minister, tomorrow he may get involved in stealing. Today the Attorney General’s Department could be his counsel, tomorrow the Attorney General could file a case against him. We need to get rid of this system. A conflict of interest is evident here. That is why we demand that there should be an independent prosecutor’s office in this country.

If we put an end to bribery and corruption, others will be fixed automatically. I don’t have to tell you as businessmen, this is an environment where bribes have to be paid from the bottom to top. Therefore, to move our country forward, we must change it and we will change it. These are some measure we intend to do to fight corruption.

The other thing we intend to do is to create;

A Unified Revenue Collection Authority

This is very important. Businessmen do pay taxes. 75 per cent or more of Sri Lanka’s revenue comes from three main institutions, namely, Inland Revenue Dept, Sri Lanka Customs Dept and the Excise Dept, I believe none of you would have accused me or Mangala Samaraweera of stealing a rupee or a dollar, even while we were in office. But the level of corruption in those departments did not go down. Therefore, we can’t rely on individuals, we have to initiate systemic changes. That is why we are going to put in place a Unified Revenue Collection Authority.

As businessmen when you import goods you go to your bank and open an LC and you have to get it cleared. You go to the Customs, I don’t need to tell the rest of the story. Customs only become the clearing hub. Excise and Inland Revenue similarly. You can use technology and these are not new ideas, other countries have done these things. Assessment is done in one place; payment is made centrally; interactions with officials become minimal. Instructions go to the Customs and the payment is centrally made and the goods can be cleared from the Customs.

To be Continued



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SLTDA launches NTSP campaign to elevate national tourism quality and standards

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Tourism top officials at Ella programme launch.

by Claude Gunasekera

The Sri Lanka Tourism Development Authority (SLTDA) officially launched its nationwide capacity-building campaign, “Grow your Tourism Business with National Tourism Skilling Programme (NTSP),” August 31, from the scenic regional hub of Ella. Directed under the leadership of the Tourism Deputy Minister, Prof. Ruwan Ranasinghe, the comprehensive initiative aims to transform micro, small, and medium enterprises (MSMEs) by accelerating their digital readiness and business formalization across the local hospitality ecosystem.

The entire islandwide operation is under the direct coordination of Ms. Tharanga Rupasinghe, the SLTDA Director of Standards and Quality Assurance, ensuring that all rural operators align seamlessly with international hospitality standards. By utilizing the framework of the NTSP, the campaign focuses on delivering essential digital payment tools, modern online marketing insights, and compliance frameworks directly to village-level enterprises, handcraft artisans, and independent tour operators. Speaking at the launch event in Ella, Tourism Deputy Minister Prof. Ruwan Ranasinghe emphasised that sustainable growth in the travel sector relies heavily on empowering smaller stakeholders to become resilient, data-driven participants in the modern market. “True economic resilience in our tourism sector cannot be achieved through large-scale infrastructure alone, but must be built from the ground up by transforming our local communities and regional MSMEs into direct, digitally enabled beneficiaries of global travel traffic,” Prof. Ranasinghe noted. Through this synchronized, localized training approach, the SLTDA intends to systematically protect cultural heritage while elevating the service quality benchmarks of regional travel hotspots nationwide.

Regional hospitality groups, led by the Ella Tourism Association, have strongly welcomed the launch of the SLTDA national skilling campaign, calling it a vital step toward safeguarding the destination’s international reputation. Local operators noted that rapid commercial growth in the Uva Province has highlighted an urgent need for structural standardization, making the arrival of the National Tourism Skilling Programme (NTSP) highly timely. The grassroots response focused heavily on the benefits of formalization and digital integration for the region’s diverse service sector. The Ella Homestay Owners Collective praised the focus on digital payment tools, noting that transition support will help smaller vendors capture direct bookings and reduce their reliance on third-party booking commissions.

The Uva Tuk-Tuk and Adventure Guides Association highlighted that the safety and compliance training will build trust with high-spending international travelers, effectively raising service quality benchmarks across the town. Local association leaders emphasized that having Ms. Tharanga Rupasinghe, SLTDA Director of Standards and Quality Assurance, directly coordinate the field training ensures the program addresses practical, local challenges rather than just theoretical rules. Following the initial rollout, regional committees have pledged to work alongside the SLTDA to ensure that even the smallest village artisans and micro-enterprises achieve official registration, positioning Ella as a model hub for high-quality, community-driven sustainable tourism.

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Sri Lanka–Indonesia Business Council holds 3rd Annual General Meeting

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Newly Appointed Executive Committee of SLIBC for the year 2026/2027

The Sri Lanka–Indonesia Business Council of The Ceylon Chamber of Commerce held its 3rd Annual General Meeting recently, bringing together Council members and key stakeholders to review the Council’s activities and priorities for the year ahead. The AGM was graced by Dewi Gustina Tobing, Ambassador of Indonesia to Sri Lanka and Patron of the Council

Delivering her address, Dewi Gustina Tobing, Ambassador of Indonesia to Sri Lanka, provided a comprehensive overview of Indonesia’s political and economic landscape, highlighting the country’s focus on promoting economic independence, strengthening sectoral resilience, improving public welfare, and facilitating both inbound and outbound investment.

Re-elected as President of the Council for 2026/27, Sheamalee Wickramasingha, Chairman / Group Managing Director of Ceylon Biscuits Ltd. acknowledged the instrumental role played by the Ambassador in the re-establishment of the Council and reflected on the Council’s key achievements during the past year. She highlighted the successful Sri Lanka–Indonesia Business Delegation to Indonesia, which provided valuable opportunities for Sri Lankan businesses to engage with Indonesian counterparts and explore avenues for commercial cooperation.

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LAUGFS Supermarkets opens 46th outlet in Kotahena

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LAUGFS Supermarkets has further strengthened its growing retail presence with the opening of its 46th outlet at No. 78, K.B. Christy Perera Mawatha, Kotahena. The new outlet operates 24 hours a day, offering customers a wide range of products together with bakery and hot food options, providing greater convenience and accessibility to the surrounding community.

The new Kotahena outlet further expands LAUGFS Supermarkets’ growing network and reflects the Group’s continued focus on strengthening its presence in strategic locations across the country. The opening ceremony was attended by the Group Chairman, Group Executive Vice Chairman, Acting Group Managing Director/Group Executive Director and senior management.

Commenting on the opening, the Sector Managing Director/CEO – Retail, Niroshan De Silva, said, “The opening of our 46th outlet reflects the dedication, teamwork and determination of our people, who have worked exceptionally hard to bring this outlet together. The new Kotahena outlet is designed to offer customers greater convenience, with an inbuilt bakery and hot food facility that provides freshly prepared food alongside our wide range of products, all under one roof. Our focus is to ensure that every LAUGFS Supermarket operates to the highest standards and consistently delivers quality, convenience and service excellence to our customers.”

The opening of the Kotahena outlet marks another significant milestone in LAUGFS Supermarkets’ ongoing expansion, bringing its products and services closer to more customers while further enhancing its 24-hour retail offering. With its growing network of outlets and continued focus on customer convenience and service excellence, LAUGFS Supermarkets remains committed to strengthening its presence and creating greater value for customers across Sri Lanka.

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