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Dr. Wijeyadasa Rajapakshe, PC the Presidential candidate from the National Democratic Front, has voiced serious concerns regarding the financial transparency and ethical conduct of some election candidates.

Dr. Wijeyadasa Rajapakshe highlighted the significant discrepancies between the reported monthly incomes and the substantial assets accumulated by certain candidates, which have now become a matter of public record.

He pointed out that some candidates, who reportedly earn between Rs. 200,000/- to Rs. 400,000/- per month, have seen their assets grow by million. This discrepancy has led to formal complaints being lodged with the Bribery Commission. He suggested that ongoing investigations might result in some nominees facing legal consequences, including imprisonment.

At the same time, he also slammed the introduction of 'dummy candidates for the election.

He also criticized the practice of offering food items such as biryani or rice during the election period, stating that such acts are considered bribes under the law. Dr. Wijeyadasa Rajapakshe further condemned the promises made by some candidates to provide substantial financial incentives to government employees and pensioners, labeling these promises as bribes. He noted that in countries like India, such promises would lead to the cancellation of a candidate's nomination by the election commission.

Dr. Wijeyadasa Rajapakshe emphasized the need for stricter laws to address these issues and warned that regardless of the election outcome, the presidency of any candidate who wins through such questionable means could be challenged and potentially nullified within a few months.

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A crucial meeting between Indian National Security Advisor Mr. Ajit Doval and President Ranil Wickremesinghe unfolded this morning at the Presidential Secretariat in Colombo. The discussions centred around enhancing economic cooperation, strengthening defence ties, and fostering regional collaboration between the two neighbouring nations.

The meeting underscored the importance of the strategic partnership between India and Sri Lanka, exploring avenues to deepen economic engagement and fortify defence cooperation. The dialogue also touched on broader regional issues, reflecting the shared interests and common challenges faced by the two countries in maintaining stability and security in South Asia.

Chief of Staff to the President and Senior Advisor on National Security Sagala Ratnayaka, also attended the meeting, contributing to the discussions that are expected to further solidify the relationship between India and Sri Lanka.

Meanwhile, the Member States of the Colombo Security Conclave (CSC) – Sri Lanka, India, Maldives, and Mauritius signed the Charter and Memorandum of Understanding (MoU) for the establishment of the CSC Secretariat this afternoon (30) at the Presidential Secretariat.
Indian National Security Advisor Mr Ajit Doval K C; National Security Advisor of Maldives Mr. Ibrahim Latheef, DC (Retd.), Lt Col (Retd.); High Commissioner of the Republic of Mauritius to Sri Lanka H.E. Haymandoyal Dillum, and Senior Advisor to the President on National Security of Sri Lanka Mr. Sagala Ratnayaka, signed the documents on behalf of the respective Member States.

Addressing the ceremony, Senior Advisor to the President on National Security of Sri Lanka Mr. Sagala Ratnayaka emphasized that the scope of national security now extends beyond external threats to include the management of internal challenges arising from technological advancements. He highlighted the need for governments to take more practical approaches in addressing the negative effects of freedom of expression in the current digital age, while recognizing it as a fundamental right.

The CSC s core objective is to promote regional security by addressing transnational threats and challenges of common concern to the Member States. There are five pillars of cooperation under the CSC namely Maritime Safety and Security; Countering Terrorism and Radicalisation; Combating Trafficking and Transnational Organised Crime; Cyber Security and Protection of Critical Infrastructure and Technology; and Humanitarian Assistance and Disaster Relief.

Addressing the gathering Mr. Sagala Ratnayaka further elaborated:

It is with great pleasure that I welcome our esteemed colleagues and delegations to Sri Lanka for the momentous occasion of signing the founding documents of the Colombo Security Conclave. Today, we gather in Colombo, united by our shared commitment to regional security and cooperation. This historic event offers us yet another opportunity to deepen our formal commitment to the principles of this esteemed Conclave upholding a common strategic vision, emphasizing the importance of resisting escalating external influences in the region, and fostering collaboration while averting conflicts with neighbouring countries.

Since its inception in 2011, the Colombo Security Conclave, originally established as trilateral maritime security cooperation between India, the Maldives, and Sri Lanka, has successfully navigated through numerous challenges and achieved significant progress. We are now fortunate to have Mauritius and Bangladesh as active members, with the Seychelles invited to join as well. The unwavering cooperation among our member states is a testament to our resilience in adversity and our dedication to maintaining peace in the region.

Sri Lanka is honoured to host this event, particularly as the home to the permanent Secretariat of the Colombo Security Conclave. This demonstrates our commitment to addressing the complex security challenges that impact us all. Our collective dedication to the five fundamental pillars and objectives of the Conclave will be instrumental in shaping a future where peace, stability, and prosperity are not just aspirations, but realities.

In a rapidly changing world with evolving threats, our efforts must focus on strengthening regional partnerships, sharing intelligence, and developing collaborative strategies. It is imperative that we address traditional security concerns while confronting emerging threats that transcend borders, such as cyber security, transnational crime, and maritime security.

Moreover, I want to touch upon the recent experiences of Sri Lanka, a country that has just emerged from an economic crisis. During this period, we witnessed weeks of violence in the streets of Colombo, and Bangladesh has also faced its own challenges. Sri Lanka has a deeply ingrained social welfare system, with successive governments committed to serving the people. However, over time, financing these welfare programs became increasingly difficult, leading to unsustainable borrowing. This culminated in a government that made election promises to reduce taxes and implement a 100% chemical-free agriculture policy. These promises were delivered, but the consequences were dire, leading to a financial crisis where the government struggled to service loans and fund day-to-day activities. The situation escalated to the point of printing money, ultimately resulting in unrest and uprisings, fuelled by the rapid dissemination of information through technology.

National security now extends beyond external threats to include the internal challenges posed by technological advancements and the management of such advancements. While freedom of expression is a fundamental right, managing its impact in the digital age is a delicate balance that governments must navigate.

As we move forward, it is crucial that we share our experiences and insights to develop solutions that are both innovative and practical. By leveraging our collective expertise, we can build a sustainable framework that supports security and fosters deeper regional integration.
I urge you to seize this opportunity to strengthen our commitment to securing a prosperous future, forging stronger bonds that will lead us into a future defined by mutual respect and collaboration for the benefit of our peoples.

I would like to extend my sincere thanks to everyone involved in organizing this event in such a short time. The efforts of the foreign ministers, the Foreign Secretary, the Office of the National Security Advisor, the Colombo Security Conclave Secretariat, the various missions, and the respective governments have been remarkable. The swift approvals and coordination are unheard of in this part of the world, and I am deeply grateful to all.

Following the ceremony, Indian National Security Advisor Mr Ajit Doval K C; National Security Advisor of Maldives Mr. Ibrahim Latheef, DC (Retd.), Lt Col (Retd.); High Commissioner of the Republic of Mauritius to Sri Lanka H.E. Haymandoyal Dillum, and Senior Advisor to the President on National Security of Sri Lanka Mr. Sagala Ratnayaka engaged in a special discussion.

The Ceremony was graced by the presence of Indian High Commissioner to Sri Lanka H.E. Santosh Jha, Secretary of the Ministry of Foreign Affairs Aruni Wijewardene, Defence Secretary General Kamal Gunaratne (retired), Chief of the Defence Staff General Shavendra Silva, Navy Commander Vice Admiral Priyantha Perera, Air Force Commander Air Marshal Udeni Rajapaksa, and other dignitaries. Heads of diplomatic missions, senior officers from the Ministry of Foreign Affairs, officers of the tri-forces, and officials from the Colombo Security Conclave Secretariat were also present at the occasion.

The Cabinet of Ministers has granted approval for a substantial increase in state sector salaries, set to commence from January 2025.

These reforms include substantial salary increases for government employees, with a 24% to 50% hike.

The President’s Media Division (PMD) said that Cabinet approval was granted to implement the recommendations from the Presidential Expert Committee, chaired by Udaya R. Seneviratne to address salary discrepancies in the government sector.

Accordingly, commencing January 1, 2025, the basic salary for public service will be increased by at least 24% for the lowest ranks, with increases ranging from 24% to over 50% for all public service professionals.

Additionally, the appointed by President Ranil Wickremesinghe had also recommended to double all salary increment values for government employees every year.

Arrangements have also been made to implement these salary increases for public corporations, boards and statutory bodies, universities, and the armed forces from next year, the PMD said.

President Ranil Wickremesinghe’s manifesto for the 2024 Presidential Election was officially launched in Colombo today (29).

The ceremonial event of unveiling the manifesto titled ‘Five Years of Winning the Country with Ranil’ commenced at the Taj Samudra Hotel with the arrival of President Ranil Wickremesinghe at the venue.

This document outlines five principal components: “Theravada Trade Economy,” “Operation - Beyond 2025,” “Make a Radiant Society,” “Win the Motherland,” and “Unite Sri Lanka.”

The ceremony is also attended by Prime Minister Dinesh Gunawardena, Ministers Ali Sabry, Bandula Gunawardena, Nimal Siripala de Silva, and other ministers, parliamentarians and political leaders supporting the President as well as religious leaders.

In a post on his official social media accounts this morning, the President said: “Today, I lay out my manifesto to rebuild our country. I promise only what I can deliver, and I will do my best for our nation in the next five years. I will rebuild this country, and the next five years will be a triumphant time for Sri Lanka.”

The website www.ranil2024.lk, which features the manifesto of President Ranil Wickremesinghe who is running as an independent candidate in the upcoming presidential election, was also launched during the ceremony today.

In his policy statement, President Wickremesinghe outlines the priorities of the five-year plan: easing the cost of living, creating jobs, offering tax relief, promoting economic growth and implementing the ‘Aswesuma’ and ‘Urumaya’ programs.

As the first step, 100,000 new sources of employment will be created, thereby expanding the job market. Additionally, the manifesto mentioned that new income generation opportunities will be developed.

President Ranil Wickremesinghe announced plans to establish a new investment company that will manage state assets, ensuring that the rights of the people are protected. He also stated that new laws would be introduced to support this initiative. Additionally, the President highlighted the potential for new investments that will generate assets and help create a structured retirement planning system.

These remarks were made during a ceremony in Colombo today (02), where the President participated in the launch of a new retirement insurance system for the elderly through the SANASA Movement. During the event, President Wickremesinghe also symbolically handed over six new insurance policies for senior citizens.

The President noted that he took control of the country during an economic collapse, made difficult decisions to rebuild it, and emphasized that without the people’s patience, Sri Lanka could have faced a fate similar to Bangladesh today.

Addressing the gathering President Ranil Wickremesinghe further elaborated;

The United National Party government, appointed in 1977, opened the country’s economy, prompting various groups to establish new institutions and businesses. It was during this time that Mr. P.A. Kirivandeniya initiated the SANASA Movement, leading to the constitutionalization of the program. The proposal for the equitable distribution of production and resources among all citizens, initially suggested by Dudley Senanayake and J.R. Jayewardene in 1962, was also incorporated into the constitution, encouraging organizations like the SANASA Movement to flourish and significantly contribute to the Sri Lankan economy.

In the 21st century, the economy expanded differently from the 20th century, with the rise of small businesses, particularly in the three-wheeler industry and the tourism sector. However, in 2022, Sri Lanka’s economy collapsed. I assumed leadership during this time of economic instability, and without the patience of the people, the country could have descended into chaos.

If people had taken to the streets to govern the country, Sri Lanka could have faced the same fate as Bangladesh today. Rebuilding the economy required making difficult and unpopular decisions, including necessary steps in consultation with the International Monetary Fund (IMF). At one point, buying a vehicle, a house, or modern appliances seemed like an unattainable dream for many. However, we have overcome those challenging times, and with the economy now stabilized, the people’s purchasing power has increased, which in turn is expected to fuel the growth of small businesses and attract investors.

We have also initiated a program to grant “rights” to the people, starting with the decision to issue freehold deeds to secure land rights. As part of this effort, two million freehold deeds are being distributed. Additionally, we have launched a program to provide Colombo urban flats to people free of charge, and plans are in place to create estate villages in the upcountry, offering each family a plot of seven perches. This process of transferring “rights” to the people is progressing rapidly.

Additionally, there is a focus on providing subsidized housing loans to low-income earners. Traditionally, the funds from the Employees’ Provident Fund (EPF) and Employees’ Trust Fund (ETF) were used to purchase bonds. However, under our current program, government spending has been reduced, and plans are in place to increase state revenues. As revenues grow, the need to use provident fund money for bond purchases will diminish. We are in discussions to redirect these funds towards investment opportunities, and we intend to consult with trade unions and employers on this matter.

There are also plans to establish a National Wealth Fund using government assets, similar to investment companies created by countries like Norway, Qatar, and Singapore, where profits from government revenues are used for public welfare. This initiative will help secure the “rights” of the people.

The SANASA Movement is already engaged in such a social investment program, and various service cooperative societies are also implementing similar methods. To support these efforts, new laws will be required, drawing inspiration from existing legislation in countries like Denmark and Sweden. These laws will also address investments and retirement plans.

Young entrepreneurs entering the new digital economy should explore opportunities in the entertainment industry. By modernizing agriculture and fishing, we can drive effective economic growth. However, before anything else, I want to emphasize that the SANASA Movement is a steadfast partner in this journey. It serves as a protective umbrella in the rain and a roof over your head. We are committed to continuing our support for this movement.

Founder and Chairman of SANASA Movement, Dr. P. A. Kiriwandeniya;

The SANASA Movement was launched in 1977 to help people adapt to the new economic wave of that era. It established a system that empowered small farmers and producers. At that time, the movement had around 84,000 members, and today, approximately 17% of Sri Lanka’s population are SANASA members. SANASA has now grown into an enterprise with significant income.

In addition, we introduced a credit insurance system for risk management and started an insurance company. As the aging population in the country continues to grow, we have also introduced a new insurance system tailored for them, which is vital for the future. This program incorporates new technology, and it’s noteworthy that the premium for this elderly insurance starts as low as Rs. 10. We are confident that this insurance system will continue to grow robustly.

State Ministers Ranjith Siyambalapitiya, Lasantha Alagiyawanna, SANASA Life Insurance Company PLC Chief Executive Officer Ivan Nicholas and Members of the SANASA General Association were also present at the event.

Shahmy Shaheed, a young man from Beruwala who made headlines by walking 1,500 kilometers around Sri Lanka in just 45 days, was honoured yesterday (28) by President Ranil Wickremesinghe at the President’s official residence in Colombo.

Shahmy’s remarkable journey began in his hometown of Beruwala, taking him through a series of major cities and picturesque locations across the island, including Ambalangoda, Ranna, Mirissa, Hambantota, Wellawaya, Monaragala, Siyambalanduwa, Pottuvil, Nilaveli, Mulathivu, Paranthan, Point Pedro, Chunnakkam, Mannar, Medawachchiya, Anuradhapura, Puttalam, Marawila, Negombo and Colombo, before concluding in Beruwala. His trek aimed to showcase the peace and safety of Sri Lanka, encouraging both locals and foreigners to explore the country without hesitation.

Throughout his journey, Shahmy leveraged social media to share his experiences, effectively promoting lesser-known tourist spots and drawing attention to Sri Lanka’s rich cultural and natural heritage. His efforts have not only highlighted the country’s beauty but also provided a significant boost to its tourism industry.

During their meeting, President Wickremesinghe commended Shahmy for his dedication and the positive impact of his journey. The President presented Shahmy with a special commemorative gift and expressed his intention to involve Shahmy in future initiatives aimed at further enhancing Sri Lanka’s tourism sector.

Shahmy’s achievement serves as an inspiring example of how individual efforts can contribute to national pride and economic growth, particularly in the tourism industry.

The Department of Posts said that 95 percent of the postal ballot papers for the presidential election have been distributed.

Senior Deputy Postmaster General Rajitha Ranasinghe said that only a small number of ballot papers allocated for military bases are yet to be distributed.

He added that these ballot papers will be dispatched tomorrow.

712,318 state sector employees are eligible to cast their votes by post in 2024.

The majority of these eligible voters are from the Kurunegala district, which accounts for 76,977 of the total.

The postal voting period for the 2024 presidential election is set for September 4, 5, and 6.

President Ranil Wickremesinghe announced that the government has reached an agreement with the International Monetary Fund (IMF) to revise the Pay As You Earn (PAYE) tax, a significant concern for the public. He assured that following further discussions, relief measures would be implemented as soon as possible.

The President made these remarks while addressing the “Puluwan Sri Lanka” victory rally held near the new market in Eheliyagoda this afternoon (28).

The rally, organized to affirm President Wickremesinghe’s candidacy in the upcoming presidential election, saw a large turnout from the Eheliyagoda area. During his speech,the President emphasized the government’s awareness of the challenges faced by the citizens and stressed the importance of providing relief while safeguarding the country’s economy. He warned that if the economy were to collapse, there would be no country left for people to live in.

Furthermore, the President criticized Sajith Premadasa and Anura Kumara Dissanayake for making unrealistic promises about reducing taxes and easing the people’s burdens.

He cautioned that following their proposed path could lead to severe shortages, leaving the public once again without essential supplies such as gas, fuel, and medicine.

“Currently, income tax has become a significant issue. We have reached an agreement with the International Monetary Fund (IMF) on the need to revise it, and I can confirm that a basic decision has already been made. Both parties have submitted proposals, and once we have discussed and agreed on a common approach, we will be able to provide relief to the public” President said.

The Ceylon Petroleum Corporation (Ceypetco) has revised its fuel prices with effect from midnight today (August 31).

Accordingly, the price of Petrol Octane 92 will be reduced by Rs. 12 to Rs. 332 per litre while Petrol Octane 95 will go down by Rs. 02 with the new price Rs. 377 per litre.

Auto Diesel is to be reduced by Rs. 10 to Rs. 307 per litre and Super Diesel by Rs. 03 to Rs. 352.

Meanwhile, the prices of Kerosene will remain unchanged, according to the Ceypetco.

The revised rates are as follows:

Petrol 92 Octane – Rs. 332 (reduced by Rs. 12)

Petrol 95 Octane – Rs. 477 (reduced by Rs. 02)

Auto Diesel – Rs. 307 (reduced by Rs. 10)

Super diesel – Rs. 352 (reduced by Rs. 03)

Kerosene – Rs. 202 (not revised)

Anura Dissanayake, the presidential candidate of the National People's Power, has emphasized the importance of establishing a knowledge-centric economy as a primary objective of his government.

Dissanayake highlighted the potential of Sri Lanka's vast maritime resources, drawing comparisons to India's advanced methods of fish resource management.

He described how Indian fishermen receive real-time updates on fish populations via mobile notifications, allowing them to optimize their catch efficiently. He proposed similar technological advancements for Sri Lankan fisheries, suggesting the use of chips and computer systems to monitor and manage marine ecosystems.

He also stressed the importance of integrating technology and science into various industries to enhance productivity and sustainability. Dissanayake pointed out that Sri Lanka's human resources, enriched by a long history of organized education dating back to the arrival of Mihindu Maha Rahath Thero and Buddhism, are well-positioned to support a knowledge-based economy.

Dissanayake cited the success of India's IT industry, which generated $253 million last year, as an example of how a focus on creativity and intellectual capital can yield significant economic benefits. He argued that unlike traditional industries reliant on raw materials, the IT sector thrives on innovation and the creative mind, offering greater value and growth potential.

Dissanayake called for a shift towards a knowledge-centric economy, emphasizing that the future of global progress lies in new creativity and knowledge-based advancements.

President Ranil Wickremesinghe stated that in this year’s presidential election, the people must decide whether they want to create a stable and prosperous future for Sri Lanka or risk a chaotic and uncertain situation for every family.

He noted that the government has already initiated a program aimed at leading the country toward prosperity, with current goods prices lower than those in 2022. He assured that the economic stability achieved so far would be maintained to ease the cost of living burden on the people.

President Wickremesinghe made these remarks during the “Puluwan Sri Lanka” rally in Polonnaruwa this afternoon (31).

In his speech, the President emphasized that to progress as a developed country, Sri Lanka must strengthen its economy and reduce the cost of living. However, he criticized Sajith and Anura for making false promises about tax reductions, warning that they are repeating the same mistakes that led to previous economic downturns. He reminded the audience of the economic collapse caused by President Gotabaya Rajapaksa’s tax cuts and urged them not to forget that lesson.

Before attending the rally, President Wickremesinghe visited the historic Dimbulagala Rajamaha Vihara and met with the head of the Dimbulagala Aranya Senasanadhipathi,Venerable Dimbulagala Rahulalankara Nayaka Thera, to receive his blessings.

At the Dimbulagala Rajamaha Vihara, the Dimbulagala Senasanadhipathi Thera chanted Seth Pirith and offered blessings to the President. Following this, the President had a brief discussion with the Thera, during which they reviewed the development activities of both the temple and the surrounding area.

The Open Cycle phase of the Sobadhanavi 350 MW Liquefied Natural Gas (LNG) Combined Cycle Power Plant at Kerawalapitiya was declared open today.

Marking a significant milestone in Sri Lanka’s energy future, the power plant was declared open by President Ranil Wickremesinghe.

According to the President’s Media Division (PMD), the “Sobadhanavi” Power Plant is the first Sri Lankan power plant to be operated on LNG as the primary fuel.

Recently, a memorandum of understanding (MoU) was also signed to develop infrastructure for the storage, regasification, and supply of liquefied natural gas (LNG) for the Sobadhanavi Combined Cycle Power Plant.

The agreement was finalized between Sri Lanka’s LTL Holdings Limited and India’s Petronet LNG Limited.

The agreement was inked by Minister of Power and Energy Kanchana Wijesekara and Deputy High Commissioner of India in Sri Lanka Dr. Satyanjal Pandey.

The 350 MW LNG-based Combined Cycle Power Plant, ‘Sobadhanavi,’ is a landmark project poised to become the largest independent power producer (IPP) in Sri Lanka and the first to operate with LNG.