News
Govt’s Blitzkrieg to sell national assets sparks ‘do or die’ battle: JVP leader warns of dire struggle ahead
JVP comes out strongly against hasty selling of what’s left of family silver by incumbent govt
By Saman Indrajith
Sri Lanka polity is set to face a ‘do or die’ struggle in the coming months, says JVP-led NPP leader Anura Kumara Dissanayake.
Addressing a seminar at the Sri Lanka Foundation Institute in Colombo on Tuesday (2) under the theme of ‘Untold truth of selling off national assets’ Dissanayake said this is going to be a very decisive year for Lankan people as the government has fast-tracked its moves to sell off national assets in an unprecedented manner.
“The CEB is to be divided into parcels which could be sold off and the amendments to the laws for this purpose are to be passed within this month in Parliament. They have likewise fast tracked the processes of selling off the Insurance Corporation and Telecom. For suppressing upcoming public outcry against privatizing these national assets, new draconian provisions are to be in place with the passing of the Anti-Terrorism Bill and Online safety Bill.
Both the processes of selling off national assets and implementing new laws to suppress people’s voices against it have been fast-tracked and the government is in a mighty hurry to get these done in the shortest possible time. As such we as a nation are being pushed towards a very decisive time. The seven to eight months to come will witness the most decisive struggle and it is going to be a do or die type struggle,” Dissanayake said.
Dissanayake said that people would have to fight against privatization and make it count because that struggle would decide the future of the nation. “The government has no excuse for selling these national enterprises but the very same old pretext that they are loss making and a burden to the national economy and the treasury.
This brings to our mind how these very same people had been harping on the same tune before the end of the war, that the country could not be developed because of the expenses for the war effort. Maithripala Sirisena as the minister of health went on saying that two new hospitals could be built if we had saved money spent for firing rockets from multi-barrel rocket launchers for 24 days. People now know how money was used for development in the post-war period.
“They now say the same about public enterprises ear-marked for selling off. They tell people that if we sell them off, the money saved could be channeled into health, education, and other welfare programmes. Experience shows that this is a lie. Twenty-one plantation companies were sold to private companies, and 18 of them have been reported to make losses and cannot even increase the daily wage of a worker to Rs 1,000. Almost all those companies have not settled their loans to banks.
The end result is now the tea industry is in the hands of low-country tea-small holders. How could this happen if privatizing was good. As of now seven financial companies, 41 industries and 21 plantations have been sold off. Among them were the Ceylon Oxygen Company, Ceylon Leather Products, Lakspray Company, the Nylon Company under Ceylon Petroleum, Mattegoda Textiles Company, Ceylon Oils and Fats Corporation, Hingurana Sugar Factory, Mahaweli Marine Corporation, and Eastern Paper Mills Corporation. None of them are in existence today. If privatizing is good, they would have thrived after selling off,” Dissanayake said.NPP National Executive Committee member Prof Anil Jayantha also addressed the seminar.
News
Delay in govt. response to UK sanctions on ex-military chiefs, and others causes concern
Admiral of the Fleet Wasantha Karannagoda said that he is still waiting for the government’s response to the UK sanctions imposed on three ex-military officers, including him, and a former member of the LTTE.
The former Navy Chief said so in response to The Island query whether he was aware of the position taken by a three-member ministerial committee, consisting of Foreign Minister Vijitha Herath, Justice and National Integration Minister Harshana Nanayakkara and Deputy Defence Minister Maj. Gen (retd) Aruna Jayasekera.
The government named the committee in the wake of the UK declaration of travel bans and asset freezes in respect of Karannagoda, General Shavendra Silva, General Jagath Jayasuriya and Vinayagamoorthy Muralitharan, also known as Karuna. Maj. Gen. Jayasekera said that they inquired into the issue at hand.
Karannnagoda said that he would like to know the government’s recommendations if the ministerial committee briefed the Cabinet as per a decision taken by the Cabinet of Ministers. Karannagoda said that the issue should have been taken at the highest level as various interested parties continue to humiliate the war-winning military by targeting selected individuals.
Other sources, familiar with the issues at hand, told The Island that the government was yet to announce its stand.
Sources pointed out that the Opposition has been silent on what they called a matter of utmost national importance.
Cabinet spokesman Dr. Nalinda Jayathissa is on record as having described the UK move as a unilateral move and that committee was formed to examine the developments and recommend appropriate measures to the Cabinet.
Foreign Minister Herath told The Island the government was not successful in getting the British to withdraw sanctions. Describing the UK decision as unilateral, the Miniser said that the government conveyed its concerns but the UK didn’t change its stand.
The Island raised the issue with Minister Herath and Admiral Karannagoda in the wake of British MP of Sri Lankan origin, Uma Kumaran requesting the UK Foreign Secretary Yvette Cooper to expand on the government’s sanctions imposed on the four above-mentioned persons.
During a Foreign Affairs Committee meeting on 16 December, the MP for Stratford and Bow highlighted the lack of accountability and political will from the current Sri Lankan government to address war crimes and mass atrocities committed in Sri Lanka.
Sources said that David Lammy, who served as Secretary of State for Foreign, Commonwealth and Development Affairs at the time of the declaration of sanctions, had no qualms in declaring that the action taken against four Sri Lankans was in line with a commitment he made during the election campaign to ensure those responsible wouldn’t be allowed impunity. The UK government statement quoted Lammy as having said that this decision ensured that those responsible for past human rights violations and abuses were held accountable.
By Shamindra Ferdinando
News
Sri Lanka outlines seven key vectors of international cooperation at Moscow forum
Sri Lankan Ambassador to the Russian Federation, Shobini Gunasekera recently presented a conceptual framework of seven key vectors that defined contemporary international relations and facilitated dialogue among States. She made the presentation at XI Moscow International Financial and Economic Forum held under the theme “Building Bridges: Partnership without Borders”.
In her address, the Ambassador emphasised that these vectors represent the channels through which ideas circulate, trade expands, and peace is strengthened, serving as guiding principles for cooperation amid global uncertainties. The seven key vectors highlighted were economic ties as a foundation for long-term stability; political choice and diplomacy through dialogue and multilateral engagement; security cooperation to address cross-border threats; cultural linkages through education, tourism, and professional exchanges; technological advancement, particularly in digital systems and artificial intelligence; environmental stewardship through collective action on renewable energy and climate change; and humanitarian obligations, including disaster relief and development cooperation.
Drawing on Sri Lanka’s experience, the Ambassador illustrated the practical application of these principles by highlighting the country’s strategic location in the Indian Ocean, its role as a trade and logistics hub, and its active engagement in regional groupings such as BIMSTEC and the Indian Ocean Rim Association, where the Russian Federation serves as a Dialogue Partner.
The potential for enhanced Sri Lanka–Russia bilateral cooperation was underscored, particularly through complementarities between Russia’s technological and energy expertise and Sri Lanka’s logistical capabilities and maritime infrastructure. She noted that such synergies could support joint initiatives in trade, innovation, tourism, and logistics, while cultural and scientific exchanges would further strengthen mutual understanding between the two countries.
Concluding her remarks, the Ambassador stated that sustained progress requires dialogue, mutual respect, and forward-looking partnerships capable of shaping a shared and stable future.
News
Sri Lanka third most preferred destination for Indians
Thailand takes top place
Travel website Make My Trip has named Sri Lanka as the third most booked international destination by Indian travellers for the festive period, following Thailand and the United Arab Emirates (UAE).
According to a report released by MakeMyTrip, an analysis of booking trends between 20 December and January 2026 compared to the same period last year, highlighted a growing interest in Sri Lanka as a preferred destination.
Thailand ranked first, while the UAE secured second place. Vietnam recorded a notable rise, moving from seventh position last year to fourth this year, followed by Malaysia, Indonesia, Singapore, the UK, the US, and Hong Kong.
-
News6 days agoMembers of Lankan Community in Washington D.C. donates to ‘Rebuilding Sri Lanka’ Flood Relief Fund
-
News4 days agoBritish MP calls on Foreign Secretary to expand sanction package against ‘Sri Lankan war criminals’
-
Features6 days agoGeneral education reforms: What about language and ethnicity?
-
News6 days agoSuspension of Indian drug part of cover-up by NMRA: Academy of Health Professionals
-
Sports4 days agoChief selector’s remarks disappointing says Mickey Arthur
-
News3 days agoStreet vendors banned from Kandy City
-
Editorial6 days agoA very sad day for the rule of law
-
News6 days agoUS Ambassador to Sri Lanka among 29 career diplomats recalled

