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Veteran Communist DEW recalls modern-day bonds between China and Lanka

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Two landmark achievements of the Chinese people during the last decade were the alleviation of abject poverty and the new Silk Road Economic Project (Belt and Road Initiative). China lifted 800 million people out of abject poverty. More than one hundred countries have gained entry to BRI, President of the Commemorative Committee of the 65th Anniversary of Sri Lanka – China Diplomatic Relations Dew Gunasekara, has told an event held recently at the Nelum Pokuna Theatre, Colombo.

Among those present on the occasion were Prime Minister Mahinda Rajapaksa, former President Maithripala Sirisena, former PM Ranil Wickremasinghe and the Ambassador of the People’s Republic of China,Russia, Vietnam and Cuba

Gunasekera said at the outset, “May I convey our fraternal greetings to the General Secretary of the Communist Party of China, Comrade Xi Jin Ping and other comrades on this significant occasion of the 65th Anniversary of Diplomatic Relations?

“Sri Lanka – China-friendly relations are more important and relevant today than ever, domestically, regionally and globally.

“Why?”

Firstly, the 1st Century belongs to Asia after 500 years since the 15th Century; Asia has become the vanguard of the World Economy.

“Secondly, Asia is more united than ever before.

“Thirdly, with the withdrawal of US Forces from Afghanistan, Asia relatively is more peaceful, particularly as peace is dawning for the people of the Middle East since the 2nd World War.

“Fourthly, China is today the engine of growth in the Asian Economy.

The 20th Century had witnessed two world wars, so many National Liberation struggles, the birth of new Independent States, the birth of Republics also many military coups and conspiracies, ethnic and religious conflicts engineered by Imperialists.

“We entered the 21st Century with hopes and aspirations for a better future. Now a new era is emerging as China has become the second-largest economy in the world.

“Looking back, the whole historical process of transition in Asia commenced with the first Democratic Revolution of China in 1911. The feudal kingdom was abolished. However Imperialism and feudalism prevented China from enacting a new republican constitution–so the task of the second Democratic Revolution was bestowed on the Young Communist Party of China which accomplished that historic task in 1949.

“The Chinese revolution was a source of strength and inspiration to the people in the rest of Asia. From 1949 till 1975 i.e., the end of the Vietnam War, China had been for 26 years isolated from the rest of the world.

“The contribution made by Chinese people for the course of national and social liberation in Asia is significantly remembered with deep respect to the Chinese leadership.

“China after the Revolution had to rebuild from scratch. It regained its seat in the UN only in 1976.

” So, China had to look for a new economic strategy in the context of global trends of economic globalization and neo-liberalism. The new strategy of openness and reforms initiated under the dynamic leadership of Deng Xiao Ping was the turning point of New China.

“The 21st Century witnessed the rise of China in the global economy. Since 2010 China had a phenomenal economic growth of development turning China into the second-largest economy in the world.

“In 2021, despite the global economic downturn and negative effects of COVID-19, China became a $ 19 trillion economy. At the start of the Century in the year 2000, it was only $ 7 trillion. It is now advanced in all spheres of economic activity. Chinese advancement in science and technology is miraculous.

“These changes unprecedented in human history are taking place under the dynamic leadership of Xi Jin Ping – General Secretary of the Communist Party of China.

“China being the largest exporter, the largest importer, largest food producer, largest foreign exchange reserve, a huge market with a middle class alone of 500 million people is a decisive factor in the global economy.

“Chinese economists have devised new instruments and mechanisms in order to face the challenges of the global economic crisis. With the disruption of the supply chain with the onset of COVID- 19 Chinese economists through a mechanism of dual circulation diverted excess exports from the export market into the internal market.

” Karl Marx had predicted the potential market of China as a decisive factor, Vladimir Lenin in his last theoretical contribution has also stressed the need for a Chinese Revolution for the Socialist Transformation. This is precisely why the Sri Lanka-China friendship is all important today. The significance of the Bandung principles of peace and peaceful co-existence has become more relevant today.

“The reality of the new China is recognised by all and that is precisely why all political party leaders are gracing this occasion with their kind presence.

“Dr. S.A. Wickremasinghe, the founding leader of the Communist Party of Sri Lanka was the first to meet the leaders of the Chinese Revolution in 1950, soon after the Revolution. The first political party delegation was led by Phillip Gunawardena. The first Cabinet Minister who visited new China was R.G. Senanayake, Minister of Trade and Commerce in the Dudley Senanayake Government.

“The first Buddhist monk, who met Thera, was instrumental in forming the Sri Lanka- China Friendship Society, Afro-Asian Solidarity Organisation, and Sri Lanka Peace Council?. He was the unknown personality operating behind the Rubber-Rice Agreement.

“The first Government Official to visit China on an official assignment was Prof. Jayantha Kelegama, the eminent economist representing the Ministry of Trade and Commerce. It was in connection with the historic Rubber- Rice Agreement.

“Prime Minister Mrs. Sirimavo Bandaranaike was the first head of the government to visit the People’s Republic of China.

“The first Lankan Ambassador to the new People’s Republic of China was Wilmot A. Perera, a pioneer of the Sooriya Mal Movement – one of the vanguards of the Anti-imperialist struggle.

“I take this opportunity to record with deep appreciation the initiative taken by all party leaders for strengthening fraternal Relations. “



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Landslide Early Warnings issued to the Districts of Badulla, Kandy, Matale, Monaragala and Nuwara Eliya

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The Landslide Early Warning Center of the the National Building Research Organaisation [NBRO] has issued landslide early warnings to the districts of Badulla, Kandy, Matale, Monaragala and Nuwara Eliya for a period of 24 hours effective from 1200 noon today [07th January].

Accordingly,
LEVEL III RED landslide early warnings have been issued to the divisional secretaries divisions and surrounding areas of Udadumbara in the Kandy district, and Nildandahinna and Walapane in the Nuwara Eliya district.

LEVEL II AMBER landslide early warnings have been issued to the divisional secretaries divisions and surrounding areas of Kandaketiya in the Badulla district, Wilgamuwa in the Matale district, and Mathurata and Hanguranketha in the Nuwara Eliya district.

LEVEL I YELLOW landslide early warnings have been issued to the divisional secretaries divisions and surrounding areas of Meegahakiwula, Lunugala, Welimada, Passara, Badulla and Hali_Ela in the Badulla district, Doluwa in the Kandy district,Ambanganga Korale in the Matale district, and Bibile in the Monaragala district

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Prez seeks Harsha’s help to address CC’s concerns over appointment of AG

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Chairman of the Committee on Public Finance (CoPF), MP Dr. Harsha de Silva, told Parliament yesterday that President Anura Kumara Dissanayake had personally telephoned him in response to a letter highlighting the prolonged delay in appointing an Auditor General, a vacancy that has remained unfilled since 07 December.

Addressing the House, Dr. de Silva said the President had contacted him following the letter he sent, in his capacity as CoPF Chairman, regarding the urgent need to appoint the constitutionally mandated head of the National Audit Office. During the conversation, the President had sought his intervention to inform the Constitutional Council (CC) about approving the names already forwarded by the President for consideration.

Dr. de Silva said the President had inquired whether he could convey the matter to the Constitutional Council after their discussion. He stressed that both the President and the CC must act in cooperation and in strict accordance with the Constitution, warning that institutional deadlock should not undermine constitutional governance.

He also raised concerns over the Speaker’s decision to prevent the letter he sent to the President from being shared with members of the Constitutional Council, stating that this had been done without any valid basis. Dr. de Silva subsequently tabled the letter in Parliament.

Last week, Dr. de Silva formally urged President Dissanayake to immediately fill the Auditor General’s post, warning that the continued vacancy was disrupting key constitutional functions. In his letter, dated 22 December, he pointed out that the absence of an Auditor General undermines Articles 148 and 154 of the Constitution, which vest Parliament with control over public finance.

He said that the vacancy has severely hampered the work of oversight bodies such as the Committee on Public Accounts (COPA) and the Committee on Public Enterprises (COPE), particularly at a time when the country is grappling with a major flood disaster.

As Chair of the Committee responsible for overseeing the National Audit Office, Dr. de Silva stressed that a swift appointment was essential to safeguard transparency, accountability and financial oversight.

In a separate public statement, he warned that Sri Lanka was operating without its constitutionally mandated Chief Auditor at a critical juncture. In a six-point appeal to the President, Dr. de Silva emphasised that an Auditor General must be appointed urgently in the context of ongoing disaster response and reconstruction efforts.

“Given the large number of transactions taking place now with Cyclone Ditwah reconstruction and the yet-to-be-legally-established Rebuilding Sri Lanka Fund, an Auditor General must be appointed urgently,” he said in a post on X.

By Saman Indrajith

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Govt. exploring possibility of converting EPF benefits into private sector pensions

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The NPP government was exploring the feasibility of introducing a regular pension, or annuity scheme, for Employees’ Provident Fund (EPF) contributors, Deputy Minister of Labour Mahinda Jayasinghe told Parliament yesterday.

Responding to a question raised by NPP Kalutara District MP Oshani Umanga in the House, Jayasinghe said the government was examining whether EPF benefits, which are currently paid as a lump sum at retirement, could instead be converted into a system that provides regular payments throughout a retiree’s lifetime.

“We are looking at whether it is possible to provide a pension,” Jayasinghe said, stressing that there was no immediate plan to abolish the existing lump-sum payment. “But we are paying greater attention to whether a regular payment can be provided throughout their retired life.”

Jayasinghe noted that the EPF was established as a social security mechanism for private sector employees after retirement and warned that receiving the entire fund in a single installment could place retirees at financial risk, particularly as life expectancy increases.

He also cautioned that interim withdrawals from the EPF undermined its long-term sustainability. “Even the interim payments that are given from time to time undermine the ability to give security at the time of retirement,” he said, distinguishing the EPF from the Employees’ Trust Fund, which provides more frequent interim benefits.

Addressing concerns over early withdrawals, the Deputy Minister explained that contributors have been allowed to withdraw up to 30 percent of their EPF balance since 2015, with a further 20 percent permitted after 10 years, subject to specific conditions and documentary proof.

Of 744 applications received for such withdrawals, 702 had been approved, he said.

The proposed shift towards an annuity-based system comes amid broader concerns over Sri Lanka’s ageing population and pressures on retirement financing. While state sector employees receive pensions funded by taxpayers, including EPF contributors, the EPF itself has been facing growing strain as it is also used to finance budget deficits.

Jayasinghe said the government’s focus was to formulate a mechanism that would ensure long-term income security for private sector employees, placing them on a footing closer to a pension scheme rather than a one-time retirement payout.

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