News
Timber Corporation earned Rs 1.4 bn profit and transferred only Rs 100 mn to Treasury
By Saman Indrajith
The State Timber Corporation earned an operating profit of Rs. 1.4 billion in 2021, but transferred only Rs. 100 million to the Treasury. This came to light when the Committee on Public Enterprises (COPE) questioned a high-ranking state official recently.
COPE Chairman Prof. Charitha Herath said that the annual revenue earned by state institutions should be received by the State Treasury.
The COPE Chairman said state institutions should be prepared to send a significant portion of their earnings to the Treasury.
The Chairman said so when the officials of the State Timber Corporation was summoned before COPE recently to examine the Auditor General’s Reports for 2019 and 2020 and to evaluate their performance.
The COPE noted that the Forest Department had granted approval to the State Timber Corporation on 30 June 2020 for the removal of 28,958 pine trees from the Hein Ford Estate in Weligampola, Kandy but the trees had not yet been removed. Member of the Committee Mahindananda Aluthgamage, Member of Parliament said the State Timber Corporation could have earned a hugh profit if it has carried out that task
It was also revealed that the Committee on Public Enterprises on 10 October 2012 had directed that action be taken to amend the Corporation Act to empower the State Timber Corporation to issue a certificate for imported timber, but that had not been done. Officials of the Timber Corporation said a board paper had been submitted for this purpose. The COPE also drew attention to the delays in the process from 2012 to date.
The COPE inquired into a write off of Rs. 14.4 million worth of debt by the Corporation without the approval of the Treasury. The officials said that the decision had been taken by the then Acting Board of Directors in 2007 with the approval of the Corporate Audit and Management Committee. The COPE Chairman said that since the Secretary to the Treasury was in charge of the Consolidated Fund for Public Debt, if debts are written off, the Chief Accounting Officer should inform the Secretary to the Treasury and obtain permission.
The COPE said that in 2012, it had directed that the loss making Kaldemulla Furniture Factory should be turned into a profitable venture, but there had been no improvement.
The COPE Chairman stated that the furniture outlets owned by the Corporation as a whole had incurred huge losses. The Auditor General stated that the waste of large quantities of timber in the production of furniture had been observed as a reason for these losses and that byproducts of discarded timber could help reduce this loss to some extent. That was due to the lack of employees with proper knowledge of furniture manufacturing and the need to compete with the private sector in the market, the officials of the Timber Corporation said.
The COPE Chairman instructed the Secretary to the Ministry to send a report within one month on the future course of action to be taken in consultation with relevant officials.
The COPE also noted that two advisors and a driver had been recruited for the Chairman of the Corporation in contravention of the circular. The recruits were paid an allowance of Rs. 2,850 per day for 270 days, a sum of Rs. 769,500, from 12 February to 3 September 2019. Although the approval of the General Treasury had been sought for this purpose, it was not received and the COPE Chairman directed the Secretary to the Ministry to take legal action against the relevant Chairperson.
The COPE noted that the corporation had incurred a loss of Rs. 982,473 after reducing the price of items valued at Rs. 1,690,183 by more than 50 percent to Rs. 707,710 and the General Manager of the Corporation stated that this decision had been taken due to the fact that the furniture was in a defective condition after being kept for too long without disposal. The Chairman said that if such concessions could be justified, a Board Memorandum should be submitted and the Auditor General’s Department should be informed.
The COPE meeting was attended by Members of Parliament Mahindananda Aluthgamage, Jagath Pushpakumara, Harsha de Silva, Eran Wickramaratne, Indika Anuruddha, Sagara Kariyawasam, Madhura Withanage as well as the Secretary to the Ministry of Wildlife and Forest Conservation and officials of the State Timber Corporation.
News
Prime Minister launches Zahira College, Puttalam Website
The Prime Minister stated that the objective of the government is to use data and policy to provide what is best for children. Political interests or any other considerations are not important to us; what matters is, only the children.
The Prime Minister made these remarks while participating in an inspection visit to Zahira Muslim College Puttalam on Saturday [17th of January], following the visits to schools affected by the recent cyclone Dithwah.
During her visit, the Prime Minister officially launched the school’s website, which was designed and developed by the students of Puttalam Zahira Muslim College.
Responding to views presented by the Principal regarding obtaining approval to commence the GCE Advanced Level Science stream at the school, the Prime Minister stated that children should be provided with knowledge not only in science, but across all subject areas. She emphasized that all schools within the district should work collaboratively toward this goal, and stressed that building a division in society is not the vision of the government.
The Prime Minister further highlighted the need to do what is best for children, requesting that proposals and decisions required for this purpose be discussed collectively at the school level and communicated to her. She noted that it is not possible to provide a comfortable and effective education for children by operating in isolation as individual schools, and reiterated that priority must always be given to the needs of children.
Addressing at the gathering, the Prime Minister stated:
“We are now experiencing the consequences of incorrect decisions taken in the past. However, we can now look into a positive present. Therefore, going forward, we must refrain from making decisions based on political or personal considerations. Instead we must cultivate the practice of making decisions for the well-being and happiness of all children.
It was also emphasized that, in order to nurture children with diverse talents and abilities, education should not be limited to a single subject stream, but should aim to develop children with an understanding across all fields”.
The occasion was attended by the Minister of Public Administration, Provincial Councils and Local Government, Prof. A.H.M.H. Abayarathna; Members of Parliament Gayan Janaka Kumara, Ajith Gihan, Mohamed Faisal, and Hiruni Wijesinghe; the Mayor of the Puttalam District; the Secretary of Education to the North Western Province; the Director of Education; and teachers.


[Prime Minister’s Media Division]
News
Premadasa: Grade 6 syllabus fiasco signals deeper issues
Vicious attacks disguised as criticism of education reforms, says PM
Opposition Leader Sajith Premadasa has said Sri Lanka’s education system has fallen into a “tragic condition,” warning that the crisis extends far beyond the Grade 6 syllabus fiasco.Premadasa made these remarks at the Opposition Leader’s Office during the establishment of the “Common Platform to Protect Free Education.”
Premadasa said that while public attention was on the Grade 6 syllabus issue, the problems facing the education sector were far deeper and affected the entire education system, including schools, universities and tertiary education institutions.
The Opposition Leader noted that the current crisis had not manifested itself overnight due to result of recent decisions; instead, it had developed over time due to reforms being introduced without proper consultation, dialogue or a participatory process involving stakeholders.
The Opposition Leader stressed the urgent need for setting political agendas aside and making a concerted effort to introduce meaningful educaton reforms. He said the rights of more than 4.1 million schoolchildren must be protected.
Premadasa said Sri Lanka must ensure that education was free and of high quality, and warned that failure to do so would have long-term consequences for the country’s future.
Taking part in a televised interview, PM Harini Amarasuriya responded to criticism of the government’s proposed education reforms, especially recent criticism on the rainbow colours on the covers of modules.
This is not constructive in any way. This is vile. This is really vicious. This is the politics the people of this country rejected in three elections in 2024 and 2025,” she said.
She added that the government was open to constructive criticism.
News
Sri Lankan Airlines launches Intl branding initiative for Colombo Nawam Maha Perahera 2026
SriLankan Airlines has unveiled a landmark international branding initiative to promote the Colombo Nawam Maha Perahera 2026, one of the country’s most distinguished religious and cultural festivals. The initiative is showcased on an Airbus A320neo, transforming the aircraft into a flying ambassador of Sri Lanka’s living heritage.
Through a specially designed aircraft livery, SriLankan Airlines now carries the prestige, spirituality, and cultural identity of the Nawam Maha Perahera across its international route network. This initiative positions the Perahera not only as a sacred Buddhist procession, but also as a major cultural and tourism attraction, highlighting
Colombo as a destination of heritage, harmony, and tradition.
Organised under the auspices of the Gangaramaya Temple, the Nawam Maha Perahera is internationally recognised for its historical significance, spiritual depth, and ceremonial grandeur. The concept for this international branding initiative was initiated by Venerable Dr. Kirinde Assaji Thero, who recognised aviation as a powerful platform for cultural diplomacy and global storytelling.
The successful realisation of this initiative has been made possible through the collective efforts of the Nawam Maha Perahera Committee, devoted devotees and supporters, and the institutional collaboration of the Prime Minister’s Office and the Ministry of Aviation, together with the full cooperation of SriLankan Airlines. The entire international aircraft branding initiative has been fully funded by the Gangaramaya Temple, together with the Nawam Maha Perahera Committee, reflecting the commitment of the Temple and its devotees to preserving and promoting Sri Lanka’s religious and cultural heritage on a global stage.
SriLankan Airlines extended its support across all levels of the organisation. Special appreciation is extended to the Chairman, Board of Directors, senior management, engineering and technical teams, designers, operational staff, and frontline employees, whose combined expertise and dedication transformed this cultural vision into reality.
Recently, Venerable Dr. Kirinde Assaji Thero, along with members of the Nawam Maha Perahera Committee, visited the SriLankan Airlines engineering and operations premises in Katunayake, accompanied by resident young Buddhist monks from the Gangaramaya Temple. During the visit, the delegation observed the progress of the aircraft branding work and offered blessings to the SriLankan Airlines team, expressing appreciation for their professionalism and commitment.
As the Airbus A320neo travels from city to city and culture to culture, it carries with it the story of Gangaramaya Temple, the Nawam Maha Perahera, and Sri Lanka’s enduring cultural values—fostering international awareness and strengthening the country’s image as a destination of faith, heritage, and cultural pride.
This initiative stands as a strong example of how religion, culture, tourism, and national aviation can work together in unity to elevate Sri Lanka’s presence on the global stage in the lead-up to the Colombo Nawam Maha Perahera 2026.
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