Connect with us

News

JVP: Corruption, not lack of relief, driving investors away

Published

on

Existing laws sufficient to attract foreign investment

By Saman Indrajith

Foreign investors were reluctant to park their money here not due to lack of tax relief or legal issue but because of corruption, the JVP said yesterday.

Addressing the media at the party headquarters in Pelawatte, JVP General Secretary Tilvin Silva said that investors had chosen many other destinations where the laws were tougher than in Sri Lanka. “Chinese investments are not determined by the laws and regulations of their investment destinations but by the decisions of centralised single party administration. Whenever the Chinese government names the places of investment, their investors go there. Foreign investors from other countries have concerns over a country’s infrastructure, legal system and tax regimes. But such investors are put off by Sri Lanka’s political leaders who demand commission. The investors are asked to give huge commissions to many politicians starting from the very top. This is the reason why investors are not coming here. The solution for this problem is not building special economic zones such as the Port City, but ending the culture of corruption.

The JVP General Secretary said that the government’s claim that the Port City Bill was aimed at attracting investors was unacceptable.

“We accept that investors should be attracted by giving them some relief and facilities ensuring their objective of maximising their profits. But the country already has such mechanisms. The Greater Colombo Economic Commission was set up for the said purpose and it was later expanded to form the Board of Investment, which gives relief to investors. In order to give more tax reliefs to investors, the Strategic Development Act was implemented. Those legal provisions are sufficient to attract foreign investors but will they come to this country when the ministers and their wheeler-dealers are asking for huge percentages in commissions?” Silva queried.

NPP MP Dr Harini Amarasuriya and writer Keerthi Welisarage also addressed the press.

 

 



Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Information Dept. media release: EC Chief asks public not to be misled

Published

on

by Priyan de Silva

Chairman of the Election Commission of Sri Lanka, Nimal Punchihewa, asked to comment on a special news release, purportedly issued by the Director General of the Department of Government Information, on Sunday (29), told  The Island  that preparations for the 09 March local government elections were going ahead, as planned, and that the media statement at issue was misleading.

The media statement says: “The gazette notice with signatures of the Chairman and other members of the Election Commission required for the commencement of the Local Government election process has not been sent to the Government Press for printing.”

Punchihewa requested the public not to be misled by any misinformation being spread in an attempt to create doubts in their minds.He also  reiterated that the EC would not be deterred by any acts of intimidation.

Three of the EC members have been threatened with death by an unidentified caller to resign from their posts. They are S. B. Divaratne, M. M. Mohamed and K. P. P. Pathirana. The Opposition has accused the government of trying to sabotage the LG polls.

Continue Reading

News

Cardinal urges Catholics to fight for justice

Published

on

 By Norman Palihawadane

Today’s Church does not need ‘sacristy Catholics’ but a laity who fight for justice, says Colombo Archbishop Malcolm Cardinal Ranjith.

Addressing a gathering at a ceremony to mark the 40th Anniversary of the Deva Dharma Nikethanaya, at Archbishop’s House auditorium, at Borella, last week, the Cardinal said that turning every layperson into a mature Christian, fit for leadership, should be the foremost duty of the Catholic Church. “Once the Catholic Church functioned as a Bishop-priest centered church and did only what the Bishop of the priest would say. We have to change the outlook of the Church. Today, we no longer need such sacristy Catholics. We need a laity who are ready to get down to the streets and fight for justice and do what is right for society,” the Cardinal said.

“The Church needs Christians who will commit themselves for Christ and follow his example. We do not need spoon-fed babies,” he said.

He said that the Bishops and Priests should not be afraid of handing over the responsibilities to the laity. “We should share our responsibilities with joy. The Church cannot continue otherwise. Understanding this situation, Pope Francis wants to change the priest-centres position that has become a theoretical doctrine in the church and to study how the church should change in a way that suits the present world.”

Apostolic Nuncio to Sri Lanka Rev Dr Brian Udaigwe and President of the Catholic Bishops’ Conference President Rt Rev Dr Harold Anthony Perera also addressed the gathering.

Continue Reading

News

Protests against 13A used to arouse communal feelings – SJB

Published

on

Protests against the implementation of the 13th Amendment to the Constitution are being used to arouse communal feelings among people ahead of an election, says the main Opposition SJB.

Addressing the media on Saturday, at the Opposition Leader’s Office in Colombo, Chief Opposition Whip, SJB Kandy District MP Lakshman Kiriella, said:

“This country has witnessed many instances in the past. This time, too, the same old slogan of the country being divided is heard again.

“The 13th Amendment is part of the Constitution. All parties have contested elections under the 13th Amendment. The UNP, SLFP, SLPP and JVP have contested provincial council elections. It shows that they have accepted the 13th Amendment. Those in such parties now opposing the 13th Amendment must first explain how they oppose it directly while accepting the same indirectly by sending their members to the provincial councils set up under the 13th Amendment,” Kiriella said.

“The claim of the country being divided by the 13th amendment is made to arouse the communal feelings.

Continue Reading

Trending