The 5th Round of Sri Lanka-Thailand Free Trade Agreement (SLTFTA) negotiations commenced in Colombo this morning (26), aligning with President Ranil Wickremesinghe’s vision of strengthening economic ties with major and emerging economies, with a particular focus on ASEAN countries.
Mr. K.J. Weerasinghe, the Chief Negotiator, International Trade Office (Leader of SL delegation), expressed satisfaction with the progress of the Free Trade Agreement discussions, which are proceeding according to the agreed-upon timeline. The next round of negotiations is scheduled to take place in Thailand from August 21st to 23rd, 2023. Three additional rounds are planned to conclude the Agreement by February 2024, with the signing expected to occur in March 2024.
During the opening session at the Taj Samudra Hotel in Colombo, Mr. Weerasinghe welcomed the SLTFTA delegation and emphasized the Sri Lankan Government’s objective of integrating into the global economy. Sri Lanka aims to expand its economic reach first within South Asia and then extend further eastward to become a part of the Regional Comprehensive Economic Partnership (RCEP). Sri Lanka will formally request the member countries of RCEP to support its application. Given Thailand’s active participation in both ASEAN and RCEP, Sri Lanka will seek Thailand’s support in joining RCEP.
The Director General of the Department of Trade Negotiations and Chief Negotiator of Thailand, Ms. Arumon Supthaweethum, participated in the negotiations virtually. The Thai delegation, including H.E. Ambassador of Thailand in Sri Lanka Poj Harnpol, and the Sri Lankan delegation, including Mrs.Kshenuka Seneviratne Senior Advisor to President on International Media, Mrs. Chandani Wijayawardana Senior Additional Secretary to the President, Mr. K.J.Weerasinghe Chief Negotiator, International Trade Office (Leader of SL delegation), Mrs. S.W.C. Jayamini Additional Secretary to the President (Deputy Chief Negotiator) also attended the event. The 5th round of discussions is scheduled to conclude on Wednesday (28).
Monara TV, launched with much fanfare just a year ago under the Swarnavahini media network, has reportedly shut down operations.
Employees have been informed that the closure is temporary, citing the need to resolve certain administrative issues.
The channel, led by Buddhika Wickramadhara, was ceremonially launched on June 25, 2024, with a grand event at Waters Edge.
Producers who supplied teledramas to Monara TV say they are owed nearly Rs.200 million in unpaid dues.
Meanwhile, it is reported that the parent Swarnavahini TV channel is also reportedly grappling with a serious financial crisis, paying teledrama producers only after 60 episodes are broadcast.
Producers claim they are compelled to wait about 03 months to recover an investment of around Rs.15 million per teledrama. Even then, payments are made in small portions, covering just 05 episodes at a time.
Producers who supplied teledramas before the appointment of Mr. Susara Dinal as CEO say it is even harder to claim their outstanding payments, as they have been asked to recover the dues from former CEO – Udara Wijesinghe.
The Swarnavahini Media Network is owned by Subaskaran Allirajah – Chairman of Lyca Group, which also owns Lycamobile, a global telecommunications company.
A young woman was found in the Dewipahala-Dodam Ella area in Kuruwita, after being brutally attacked and her gold necklace stolen
According to the police, the victim was found collapsed on the roadside with severe neck injuries caused by a sharp weapon. She was rushed to the Ratnapura Hospital but succumbed to her injuries shortly after admission.
The victim has been identified as a 26-year-old.
Arrests are yet to be made and an investigation is underway.