News
Govt. insists no fraud in sugar imports
By Saman Indrajith
Cooperative Services, Marketing Development and Consumer Services State Minister Lasantha Alagiyawanna on Wednesday told Parliament that there was no truth in the Opposition’s allegations that the government had given undue duty concessions to a private sugar importer.
The Minister admitted that few companies made undue profits, making use of the gazettes issued by the government changing import duties on sugar. “But there was no fraud. If you insist that there was such untoward incidents then provide us with the details we may investigate it. We know that some companies made some profits but there is no proof of a fraud as alleged by the opposition.”
Minister Alagiyawanna said that during recent years the prices of essential food items had increased in November and December. “In October last year, our government made several policy decisions to give relief to people. On Oct 13 we released a gazette bringing down the 50 rupee import duty on a kilo of sugar to 25 cents. The price of a kilo of sugar was Rs 137 to 138 at that time. We thought that bringing down the tax would result in the lowering of the prices of sugar in the market. That did not happen. There had already been stocks of around 150,000 metric tons in warehouses belonging to the importers and they did not release their stocks. So, a private company came forward and imported sugar under the new price and released them to the market. That was what exactly happened. The decision to bring down the import tax was not taken by the President alone. The Ministry of Finance and Ministry of Trade too were party to it.
“Today, the prices of some essential food items are determined by supply and demand. Market forces determine the prices though we have issued regulations. Though we still have control on the prices of fuel, gas, cigarettes and liquor, the prices of essential food items are determined by market forces. That is the reality. We can change this by allowing certain imports but our decision is to strengthen the local production and industries. Although the people and the Opposition blame us, we are determined to stick to our policy until local production and industries get their hold in the market. We know that this is hard but we have to do so. For example, we can bring down the prices of rice within five days. All we have to do is to import rice at low prices from India but that will not help our farmers. Not a single grain of rice was imported in the year 2020. As a result now our farmers get between 50 to Rs. 55 a kilo of paddy. They used to get only Rs 38 per kilo.
“We know that a certain company made an undue profit but that is the nature of business. The permanent solution for this is to develop the Cooperative shops and Sathosa so that the government would have a network of establishments that have an effect on the market.
“The Opposition alleges that a businessman made Rs 10 billion profit by importing sugar due to the lowering of the import duty. It is not so. The cost of the stock of imported sugar was around Rs. 11 billion so practically there couldn’t have been a 10 billion rupee profit. Today a kilo of sugar is Rs 118. Otherwise, it would have been in the range of Rs 155- 160 a kilo.”
News
US sports envoys to Lanka to champion youth development
The U.S. Embassy in Colombo welcomed the U.S. Sports Envoys to Sri Lanka, former National Basketball Association (NBA) and Women’s National Basketball Association (WNBA) players Stephen Howard and Astou Ndiaye, from June 8 through 14.
The Public Diplomacy section of the U.S. Embassy said that it would launch a weeklong basketball program intended to harness the unifying power of sports, made possible through collaboration with Foundation of Goodness and IImpact Hoop Lab.
While in Sri Lanka, Howard and Ndiaye, both retired professional basketball players, will conduct a weeklong program, Hoops for Hope: Bridging Borders through Basketball. The Sports Envoys will lead basketball clinics and exhibition matches and engage in leadership sessions in Colombo and Southern Province for youth aged 14-18 from Northern, Uva, Eastern and Western Provinces, offering skills and leadership training both on and off the court. The U.S. Envoys will also share their expertise with the Sri Lanka Basketball Federation, national coaches, and players, furthering the development of basketball in the country. Beyond the clinics, they will collaborate with Sri Lankan schoolchildren to take part in a community service project in the Colombo area.
“We are so proud to welcome Stephen and Astou as our Sports Envoys to Sri Lanka, to build on the strong people-to-people connections between the United States and Sri Lanka,” said U.S. Ambassador Julie Chung. “The lessons that will be shared by our Sports Envoys – communication, teamwork, resilience, inclusion, and conflict resolution – are essential for leadership development, community building, equality, and peace. The U.S. Sports Envoy program is a testament to our belief that sports can be a powerful tool in promoting peace and unity.”
News
Rahuman questions sudden cancellation of leave of CEB employees
SJB Colombo District MP Mujibur Rahuman in parliament demanded to know from the government the reasons for CEB suspending the leave of all its employees until further notice from Thursday.
MP Rahuman said that the CEB has got an acting General Manager anew and the latter yesterday morning issued a circular suspending leave of all CEB employees with immediate effect until further notice.
“We demand that Minister Kanchana Wijesekera should explain this to the House. This circular was issued while this debate on the new Electricity Amendment Bill was pending. There are many who oppose this Bill. The Minister must tell parliament the reason for the urge to cancel the leave of CEB employees,” the MP said.However, Speaker Mahinda Yapa Abeywardena prevented Minister Wijesekera responding to the query and said that the matter raised by MP Rahuman was not relevant.
News
CIPM successfully concludes 8th Annual Symposium
The Chartered Institute of Personnel Management (CIPM) successfully concluded the 8th Annual CIPM Symposium, which took place on 31st May 2024. Themed “Nurturing the Human Element—Redefining HRM in a Rapidly Changing World,” the symposium underscored the pivotal role of human resource management (HRM) in today’s dynamic global landscape. Since its inception in 1959, CIPM has been dedicated to advancing the HR profession through education, professional development, and advocacy, solidifying its position as Sri Lanka’s leading professional body for HRM.
Ken Vijayakumar, the President of the CIPM, graced the occasion as the chief guest. The symposium commenced with the welcome address by the Chairperson, Prof. Arosha Adikaram, followed by the Web Launch of the Symposium Proceedings and Abstract Book by the CIPM President. The event featured distinguished addresses, including a speech by Chief Guest Ken Vijayakumar, President of CIPM, and an address by Guest of Honor Shakthi Ranatunga, Chief Operating Officer of MAS Holdings Pvt. Ltd., Sri Lanka.
The symposium also featured an inspiring keynote address by Prof. Mario Fernando, Professor of Management and Director of the Centre for Cross Cultural Management (CCCM) at the University of Wollongong, Australia.
Vote of Thanks of the inauguration session was delivered by Dr. Dillanjani Weeratunga, Symposium Co-chair.
The symposium served as a comprehensive platform for researchers to present their findings across a wide range of critical topics in HRM. These included Cultural Diversity and Inclusion, Talent Development and Retention, Ethical Leadership and Corporate Social Responsibility, Adapting to Technological Advancements, Mental Health and Well-being at Work, Global Workforce Challenges, Employee Empowerment, and Reskilling and Upskilling.
The plenary session was led by Prof. Wasantha Rajapakse. Certificates were awarded to the best paper presenters during the valedictory session, followed by a vote of thanks delivered by Kamani Perera, Manager of Research and Development.
The annual symposium of CIPM was a truly inclusive event, attracting a diverse audience that spanned undergraduates, graduates, working professionals, research scholars and lecturers. This widespread interest highlights the symposium’s significance in the field of HRM, offering a unique opportunity for everyone to network and learn from scholarly brains.The CIPM International Research Symposium was sponsored by Hambantota International Port, Sri Lanka Institute of Information Technology (SLIIT), E B Creasy & Co. PLC, and Print Xcel Company.