News
Trade Minister says export economy key to country’s economic wellbeing
By Saman Indrajith
Trade Minister Dr. Bandula Gunawardane told Parliament on Tuesday (20) that the strengthening of the export economy was vital for solid economic growth and to balance macroeconomic variables of the country
Presenting several orders under the Export Development Act for the approval of the House, Minister Dr Gunawardane said that the Ministerial Council on Export Development established to develop the export sector in the country had not met for 28 years. However, after 28 years the council had met under the chairmanship of President Gotabaya Rajapaksa.
“This ministerial council on export development is supposed to consist of all ministries that are directly linked to our export items such as the Ministry of Agriculture, minor exports and so on. This council is expected to evaluate our export sector, propose policies, draw an export development plan and then establish and monitor export development authority. Most unfortunately this council has not met for 28 years. The last time this council met was during the time Lalith Athulathmudali was the Minister of Trade in the country. For moving ahead, we first need some orders approved regarding the Export Development Act so that we can utilise the Export Development Board and the Export Development Fund.
“If we look at the history of Sri Lanka, we have been recognised as noble traders in the international market with rich export items. Sri Lanka was a centre for international trade. That is why we were colonised by several foreign nations. However, after colonisation we became a nation dependent on imports. Since Independence there have been several attempts to introduce import substitution policies. That is how industries such as Lanka Loha, Sri Lankan made steel, tyres, textiles developed in the country. During this time, we had no issues relating to our finances. Due to the introduction of the open economy by late President J.R. Jayewardene created a situation which is unhealthy for our local economy. Since then our expenditure on imports kept growing larger than our income from exports.”
Minister Gunawardena tabled a report prepared by the CINTEC, which is engaged in an experiment to manufacture a battery with locally extracted graphite. “We must be able to allocate a few billions of rupees to develop the export items such as the one proposed by the CINEC. At least 25 percent of the export development fund should be directed to encourage exporters and researchers.”
News
Dengue outbreak gallops ahead: Infections surpasses 73,455, leaving 50 dead
The countrywide dengue outbreak has intensified, with the death toll rising to 50, by July 16, as the number of reported infections surpassed 73,000, according to the National Dengue Control Unit (NDCU).
The country has recorded 73,455 dengue cases so far this year, with the case fatality rate standing at 0.07 percent, highlighting the severity of the ongoing outbreak.
The Western Province continues to remain the worst affected region, accounting for more than half of the total cases, with 38,700 infections. The Gampaha District has recorded the highest number of cases in the province with 15,341, followed closely by Colombo with 14,625.
The Southern Province has reported 11,382 cases, while the Sabaragamuwa and Central provinces have each recorded more than 6,000 infections.
Dengue cases have shown a sharp increase in recent months, with June recording the highest monthly total of 21,538 cases, while July has already reported 18,076 infections. In comparison, 8,590 cases were reported in May, and 5,651 in April.
Health authorities have identified 175 Medical Officer of Health (MOH) areas as high-risk locations during the 27th epidemiological week. An average of 2,677 new dengue cases are being reported daily, prompting authorities to intensify prevention and mosquito control measures.
News
Evidence recorded in money laundering case against Yoshitha Rajapaksa
The Colombo High Court yesterday (17) resumed hearing the money laundering case filed against Yoshitha Rajapaksa, son of former President Mahinda Rajapaksa, under the Prevention of Money Laundering Act.
The proceedings were held before High Court Judge Udesh Ranatunga, where evidence was recorded from prosecution witnesses, under the direction of Deputy Solicitor General Janaka Bandara.
President’s Counsel Sampath Mendis, appearing for Yoshitha Rajapaksa, cross-examined the witnesses during the hearing.
After recording evidence, the court ordered that further examination of evidence be postponed until July 24.
The Attorney General has filed indictments, alleging that Yoshitha Rajapaksa committed an offence, under the Prevention of Money Laundering Act, by purchasing five plots of land in Dehiwala and Ratmalana, valued at more than Rs. 73 million.
News
Former IGP C.D. Wickramaratne dies in suspected suicide
Former IGP Chandana Deepal Wickramaratne died after sustaining a gunshot injury at his residence, in Thalangama, yesterday (17), with police saying preliminary investigations indicate that the incident was a suspected suicide.
Kaduwela Magistrate Aruna Indrajith Buddhadasa, on Friday, ordered the Officer-in-Charge of the Malabe Police Station, Police Inspector Pradeep Ranasinghe, to conduct a formal investigation into the death and submit a report to court on its progress.
The order was issued after the Malabe Police Station presented facts before court regarding the incident.
According to police, the Malabe Police Station received information from the Police Unit of the Colombo East Base Hospital, in Mulleriyawa, that Wickramaratne, who resided in the Thalahena area, within the Malabe Police division, had died after being admitted to hospital, with gunshot injuries.
Police Spokesman ASP F.U. Wootler said Wickramaratne had allegedly used the firearm of his personal security officer and shot himself at his residence.
Police said the shooting had taken place at his residence on Parakum Road, Thalangama, on Thursday morning, before he was due to leave for his regular exercise routine. He was rushed to the Colombo East Base Hospital, in Mulleriyawa, with serious injuries but was pronounced dead upon admission, police said.
The deceased’s remains were placed at the Colombo East Base Hospital, where a post-mortem examination was scheduled to be conducted.
ASP Wootler said three police teams have been appointed to investigate the incident. Further investigations are being conducted by the Crime Division of the Western Province South Range and the Malabe Police Station.
Wickramaratne, 63, served as the 35th Inspector General of Police of Sri Lanka from November 27, 2020, to November 23, 2023.
He joined the Sri Lanka Police in 1986 as a Probationary Assistant Superintendent of Police and later served in several senior positions.
A graduate of the University of Colombo and the General Sir John Kotelawala Defence University, he also served as Acting IGP for more than a year, from April 28, 2019, before being appointed IGP, in November 2020.
He retired from the post of Inspector General of Police, in November 2023.
by Norman Palihawadane ✍️
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