Transforming State-Owned Enterprises in Sri Lanka: Enhancing Efficiency and Performance Optimization through Public-Private Ownership

Introduction

State-Owned Enterprises (SOEs) in Sri Lanka are undergoing significant reforms to improve their efficiency and performance. In particular, public enterprises engaged in commercial activities are being optimized through public-private ownership. Former Finance Minister Ravi Karunanayake revealed that these reforms aim to generate revenues for the state, reduce administrative burden, and distribute ownership and management to the private sector. This article explores the current state of SOEs in Sri Lanka, the need for reform, and the potential benefits of public-private ownership.

Current State of SOEs

Sri Lanka has a total of 527 SOEs, with 52 of them identified as strategically important. Out of these, 39 are currently making profits, while 13 are still facing losses. The losses incurred by these 13 institutions amount to Rs. 1,029 billion, while the profits made by the remaining 39 enterprises reach Rs. 218 billion. These figures highlight the urgent need for performance optimization and financial restructuring within SOEs.

Celebrating Mathushigan Thavendran's Remarkable Achievement: Conquering the Palk Strait

Introduction

 It is with great joy and admiration that we celebrate the remarkable achievement of President Scout Theivendran Mathushigan as he successfully conquers the challenging Palk Strait. With unwavering determination and an indomitable spirit, Mathushigan has emerged victorious, leaving an indelible mark in the world of swimming. His journey from Thanushkody to the Gulf of Mannar is a testament to his exceptional abilities and serves as an inspiration to all aspiring athletes.

A Journey of Perseverance

Mathushigan's journey to conquer the Palk Strait was preceded by a prelude of tremendous dedication and hard work. Having swum 20km at Galissas Beach, he showcased his prowess and readiness for the monumental feat that awaited him. Starting his swimming training at the tender age of twelve at Batticaloa's Weber Stadium, Mathushigan's talent flourished, leading to numerous victories in provincial and open level swimming competitions. With a total of twelve medals to his name, his journey towards conquering the Palk Strait was a culmination of years of relentless pursuit of excellence.

Rising Calamities and the Urgency for Parental Vigilance

 The modern era has witnessed an alarming surge in calamities befalling innocent children, both boys and girls, leading to devastating consequences such as loss of lives. Acts of crime, accidents, sexual abuse, abductions, seductions, and even murders have become distressingly common occurrences. This disturbing trend demands immediate attention from law enforcement authorities. 

Evolving Social Landscape and Its Impact on Child Welfare

The Changing Social Fabric:

Over the past few decades, the country has undergone significant transformations in various spheres of society, including culture, education, economy, technology, and social events. These advancements have greatly influenced people's lifestyles, gradually eroding long-standing practices such as social obligations, spiritual values, religious concepts, and traditional social interactions. A growing emphasis on competition has taken precedence over the nurturing of human values.

Parental Efforts Amidst Challenges:

Despite these challenges, parents strive to provide their children with the best possible education. Educators emphasize that a lack of education severely hampers a child's future prospects. However, the modern world's fast pace often leaves children bereft of the cherished love, affection, and care of their parents. Consequently, children fail to internalize essential qualities of human nature such as love, joy, respect, patience, and compassion.

World Biodiversity Day: Celebrating and Preserving the Diversity of Life

Celebrating the Richness of Life

World Biodiversity Day, observed on May 22 every year, serves as a global platform to raise awareness about the significance of conserving biodiversity and its invaluable contribution to the survival of our planet. Biodiversity encompasses the intricate web of interactions among organisms, ranging from microorganisms and plants to animals, within diverse ecosystems. It comprises three interconnected components: genetic diversity, species diversity, and ecosystem diversity, which are essential to the stability and functioning of our natural world.

However, the current state of the world's biodiversity presents a grave crisis. Scientists have identified its profound impact on both the inhabitants of our planet and the entire plant and animal communities. The urgency of this situation is reflected in the warning that we are rapidly approaching the 6th mass extinction event, with the possibility of life on Earth being wiped out for the sixth time. The consequences are far-reaching, with global food production and food security being at stake. Failure to address biodiversity conservation during these challenging times of economic and food crises will undoubtedly result in severe repercussions for the world. Biodiversity itself stands as the determining factor for global food supply and food diversity. Thus, it becomes crucial for Sri Lankans to join the global community in celebrating World Biodiversity Day.

Finland: The Happiest Place in the World

Exploring Happiness Rankings and Factors Contributing to Well-being

The World Happiness Report 2023, released recently, has once again crowned Finland as the happiest place in the world for the sixth consecutive year. In contrast, Sri Lanka secured the 112th position, showcasing a significant gap in happiness levels. This article dives into the key findings of the report, highlighting the factors that contribute to happiness and examining the reasons behind Finland's consistent top-ranking position.

Introduction

The World Happiness Report 2023 provides valuable insights into global happiness levels and ranks countries based on various factors. In this year's report, researchers analyzed six crucial elements that contribute to happiness: social support, income, health, freedom, generosity, and absence of corruption. Despite the overlapping crises faced worldwide, the study discovered that global life satisfaction remains high, even comparable to pre-pandemic years. Let's explore the factors that play a vital role in determining a country's happiness ranking.

Trust: The Critical Element of Partnership

Within the ecosystem of a partnership, trust emerges as the most critical element. Henry Arnhold, the late cofounder of Mulago Foundation, emphasized the indispensability of trust, asserting that it is the bedrock on which successful partnerships are founded. True trust entails entrusting your lives to one another, grounded in a shared purpose larger than yourselves, and a steadfast belief in each other's good intentions. Trust not only enhances our personal well-being but also fortifies the fabric of our businesses.

Navigating the 2023 Economic Crisis: Challenges and Recovery Strategies

The year 2023 brought forth an economic crisis in Sri Lanka, characterized by a combination of internal and external factors. This crisis was primarily fueled by the lingering impact of the Covid-19 pandemic, high levels of public debt, political instability, and a decline in foreign reserves. The consequences of this crisis were far-reaching, resulting in a significant contraction of the economy and giving rise to challenges such as high inflation, unemployment, and a decline in investor confidence. In this article, we will delve into the various aspects of the 2023 economic crisis and explore potential strategies for recovery.

Strengthening Market Systems for Sustainable Employment Generation in Conflict-Affected Regions of Sri Lanka

Executive Summary

This proposal aims to address the pressing issue of limited employment opportunities in conflict-affected regions of Sri Lanka by fostering competition and facilitating enterprise growth. By focusing on improving market systems, we seek to create an enabling environment that promotes sustainable economic development and job creation. This proposal outlines a comprehensive approach, encompassing key strategies such as capacity building, market linkages, policy reforms, and community engagement to drive employment growth in the targeted regions.

1. Introduction

1.1 Background: The conflict-affected regions in Sri Lanka refer to areas that have experienced significant unrest and violence in the past, primarily during the civil war that lasted for nearly three decades. These regions include the Northern and Eastern provinces, most heavily affected by the conflict. Despite the end of the war, these areas continue to face numerous challenges, particularly in terms of limited employment opportunities and economic development.

Honouring Philomena Aunt: Bridging Generations with Compassion – A Political Commitment

In a heartfelt tribute to Philomena Aunt, today marks the 31st day since her passing. To commemorate her memory, the community took its first step by reaching out to the elders residing at Nandavanam Elder Home in Kaluwanchikkudy, showering them with small yet meaningful gifts.

Philomena Aunt's legacy extends far and wide, representing a profound example of feminine strength in the heart of Eelam. Her multifaceted identity as a remarkable housewife, writer, and thinker resonates within local communities and reverberates in international forums. On this Mother's Day, we take pride in remembering her alongside other influential women on the global stage.

Embrace Equity - Understanding the Importance of Gender Equity

Happy Women's Day! Today, we celebrate the incredible achievements and contributions of women around the world. Your strength, resilience, and unwavering spirit inspire us all. Let us continue to work towards a world where women are truly valued, empowered, and equal in every way. Here's to all the amazing women out there – keep shining and making the world a better place!

March 8th, International Women's Day, is a day that is dedicated to celebrating women's achievements in social, economic, cultural, and political spheres. The theme for International Women's Day 2023 is "Embrace Equity: People of the world understand why equal opportunities are not enough." This year's theme aims to emphasize the importance of gender equity and the need for society to understand the difference between equity and fairness. In this article, we will delve into the topic of gender equity and why it should be a part of every society.

Increase in Epidemics after Rain: A Statistical Analysis of Rat Fever and Malaria Outbreaks in Sri Lanka

Nature's Fertile Environment Turns into a Breeding Ground for Diseases

Introduction

The rainy season in Sri Lanka brings not only a lush and green environment but also an increase in epidemics. In recent years, several diseases such as influenza, dengue, corona, rat fever, and malaria have emerged or resurged, posing a significant threat to public health. This article presents a statistical analysis of the outbreaks of rat fever and malaria in Sri Lanka, along with their causes and consequences.

Nature's Fertile Environment Turns into a Breeding Ground for Diseases

The creation of a fertile environment after the rain is a sign of nature. However, due to human activities that harm nature, epidemics have started to occur after the rains. Floods and waterlogging lead to the proliferation of disease-carrying mosquitoes and rats, and this often results in outbreaks of dengue, malaria, and rat fever. According to the epidemiology unit of the Ministry of Health, the number of cases of rat fever reported in Sri Lanka by the end of last April was 2642, with 19 deaths reported in Galle alone.