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Mitsubishi to end operations in Sri Lanka after six decades!

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Mitsubishi Corporation, one of the leading business enterprises of Japan, has decided to end its operations in Sri Lanka next month.

Among reasons to close the office are Sri Lanka’s default of external debt, the cancellation of several Japanese project proposals including the light rail project, the bio gas project and adverse international ratings and economic outlook.

Mitsubishi played a significant role in the bilateral relationship between Japan and Sri Lanka while contributing to the business of many Sri Lankan companies.

The decision to end operations in Colombo by March 31 had been a shocking news to the private sector while local and foreign companies have said that Sri Lanka will suffer a major setback due to this decision.

Japan is Sri Lanka’s largest lender and Sri Lanka owed Japan USD 2.46 billion as of September last year.

Sources said that the Sri Lanka office was one of the first offices Mitsubishi opened overseas.

Mitsubishi was a key operating partner in several projects funded by the Japan International Cooperation Agency (JICA).

Although the Colombo Mitsubishi office has only a staff of 20, the company’s business and projects have provided livelihood to thousands of Sri Lankans.

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President’s House to be shifted to Sandun Uyana

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The government has decided to construct a new President’s Official Residence and the Presidential Secretariat on the site of the National ‘Sandun Uyana’ (Sandalwood Garden) built at a cost of Rs.300 million.

Since it has been decided to use the President’s House premises in Colombo Fort for a development project under the Colombo Port City Project, it has been decided to build a new President’s House and the Secretariat at the Sandun Uyana.

Inspector General of Police (IGP) Chandana Wickramaratne has also recommended that the Sandun Uyana prepared in nine acres near the Parliament premises is suitable for that purpose.

Accordingly, President Ranil Wickremesinghe has informed the Urban Development Authority (UDA) to prepare future plans and submit a report.

The President’s Office said that it has also been decided to relocate the Prime Minister’s office and the Prime Minister’s official residence on another plot of land located near the Sandun Uyana.

The President has informed the UDA to look into the possibility of moving the Cabinet office to another plot of land nearby, and the President’s Secretary Saman Ekanayake to study the space required for this construction and submit a report.

The Sandun Uyana project was built and opened during the tenure of former President Gotabaya Rajapaksa.

A total of 300 red sandalwood plants and 900 white sandalwood plants were planted in the garden at a cost of Rs.300 million by the UDA.

Although this garden was planned to be opened by Prime Minister Mahinda Rajapaksa on July 20, 2021, it was opened by Minister Namal Rajapaksa.

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Only 50 Dollars to go to India by passenger ferry!

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Sri Lanka will commence the operations of the passenger ferry service between Kankesanthurai and Pondicherry on April 29, the Ministry of Ports, Shipping and Aviation said.

It said a passenger terminal is currently being constructed at the Kankesanthurai Port to facilitate the ferry service by the Sri Lanka Navy.

Ferry owners have mentioned during a recent discussion that they will be charging 50 US Dollars per passenger for a one-way trip, while allowing a passenger to carry baggage weighing 100kg. 

A ferry is expected to carry 150 passengers at a time and will take around 4 hours to travel from Karaikal Port in Pondicherry to Kankesanthurai.

Minister Nimal Siripala de Silva said that any businessman in India and Sri Lanka can join this passenger ferry service.

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Uebert Angel brought in by Jerome Fernando involved in gold smuggling!

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It has been revealed that Zimbabwean pastor Uebert Angel, who was brought to Sri Lanka by ‘Born-Again’ religious sect leader Pastor Jerome Fernando, is involved in large-scale gold smuggling.

This was revealed during an investigation conducted by Al Jazeera News.

This pastor has also worked as a Zimbabwean diplomat.

The Zimbabwean pastor has participated in the services held at the Katunayake ‘Miracle Dome’ hall owned by Pastor Jerome Fernando on several occasions.

During his visit to Sri Lanka, the Zimbabwean pastor had met former presidents Mahinda Rajapaksa and Gotabaya Rajapaksa as well.

According to Al Jazeera, Uebert Angel has laundered millions of US dollars through gold smuggling.

Angel, appointed ambassador-at-large and a presidential envoy by Zimbabwe’s President Emmerson Mnangagwa in March 2021, has told reporters he would be able to carry large volumes of dirty cash into the country using his diplomatic status.

The 44-year-old, who claims to be a prophet and heads a congregation — the Good News Church — with branches in 15 countries, said he would facilitate a scheme through which unaccounted cash could be exchanged for Zimbabwe’s gold. 

Source – Aruna

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