Passez à l'illimité avec Magzter GOLD

Passez à l'illimité avec Magzter GOLD

Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement

$149.99
 
$74.99/Année
The Perfect Holiday Gift Gift Now

Ranil and the rigours of anew republicanism

Daily FT

|

August 29, 2025

WHILE the public debate still rages hotly, private reflections which don’t get liked or attacked on social media may be the order of the day a week and more after the arrest and remanding of a former executive president of Sri Lanka.

- By Wijith DeChickera

Ranil and the rigours of anew republicanism

Not because the points of view expressed don’t have their relative merits or otherwise. But because a sense of proportion must eventually grasp the discourse by its horns and make the issue sit down and have a quiet think. And admittedly even this perspective is subjective if not slightly arbitrary.

Frame the case

The polity remains deeply divided over the most drastic political development to press its case recently.

On the one hand, the government has defended its actions as a single-minded pursuit of its agenda against alleged political corruption in high places. On the other, defenders of the ‘ancien regime’ have portrayed the Friday arrest and bail delays as being political expedience at best or personal revenge at worst.

In-between these diametrically opposed positions, the citizens of the Republic of Social Media have arranged themselves in ranks spanning the spectrum from the sublime to theridiculous.

Legal eagles have shown cause as to how the investigation, detention and overnight remanding could or should have been handled differently if the government was to avoid the charges of vindictiveness or conducting a vendetta. Empathisers with the conservative establishment played the sympathy card, majoring on the senior status of a stalwart statesman who discharged sterling duty by helming the ship of state through its direst straits. Irate progressives welcomed the arrest and indictment as a move in the long-postponed direction of ending a culture of impunity especially for political elites.

And the man in the hot seat widened the dichotomy by contending that in the life of state officials such as him — especially at upper echelon executive levels — there is no division and separation of powers, perks, privileges and payment for services received in the discharge of public duties amidst personal detours or private affairs.

Old guard rallies

PLUS D'HISTOIRES DE Daily FT

Daily FT

Zohran Mamdani sworn in as New York City Mayor, creating history

Mamdani, the US city’s first Muslim Mayor, is also youngest person to be inaugurated in generations

time to read

2 mins

January 02, 2026

Daily FT

Daily FT

Ferentino Tyres redefines OEM tyre market in Sri Lanka with 75% value share

FERENTINO Tyres has emerged as the undisputed leader in Sri Lanka's Original Equipment Manufacturer (OEM) tyre market, commanding an extraordinary 75% value share, the company stated.

time to read

1 min

January 02, 2026

Daily FT

Daily FT

First international jewellery fair for 2026 FACETS Sri Lanka opens tomorrow

SRI Lanka is set to welcome the global gem and jewellery fraternity tomorrow as FACETS Sri Lanka 2026, the country's flagship gem and jewellery exhibition, opens its doors at The Forum, Cinnamon Life at City of Dreams, Colombo.

time to read

1 mins

January 02, 2026

Daily FT

Daily FT

Dollar posts worst annual fall in eight years, more weakness seen in 2026

THE dollar ended 2025 with the sharpest annual retreat in eight years and investors say more declines are coming if the next Federal Reserve Chief opts for deeper interest rate cuts as anticifor deeper interest rate cu pated.

time to read

2 mins

January 02, 2026

Daily FT

PABC begins New Year defined by people, purpose, and courage to move

PAN Asia Bank yesterday marked the New Year with a moment of reflection, not on numbers alone, but on the deeper forces that shape progress over time.

time to read

1 mins

January 02, 2026

Daily FT

CEB seeks to recover Rs. 13 b from 11.7% tariff hike in 1Q

4,453 GWh net generation forecast for 1Q based on IMF GDP growth forecast of 3.1% and applied demand growth rate of 3.72% Ditwah damage to transmission towers, distribution lines and access roads adds to emergency repair and maintenance costs estimated at Rs. 20 b Rs. 5.8 b unrecovered revenue from delayed past tariff revisions and restoration of curtailed Return on Assets tighten cost recovery ahead of review by PUCSL

time to read

3 mins

January 02, 2026

Daily FT

Heshan Peiris joins Ceylinco Holdings’ Board

CEYLINCO Holdings PLC has appointed Heshan Peiris to its Board as an Independent NonExecutive Director.

time to read

1 min

January 02, 2026

Daily FT

Daily FT

SLIC Life and SLIC General inaugurate business operations for 2026

SRI Lanka Insurance Corp. General inaugurates business operations for 2026

time to read

4 mins

January 02, 2026

Daily FT

SPAR Group, South Africa, pledges Rs. 35 m to 'Rebuilding Sri Lanka' Fund

SPAR Group, South Africa has pledged Rs. 35 million to the Rebuilding Sri Lanka Fund, reinforcing its support for nationwide recovery efforts following Cyclone Ditwah.

time to read

1 min

January 02, 2026

Daily FT

Ceylon Cold Stores wins top honour at Sri Lanka National Quality Awards 2023

CEYLON Cold Stores PLC (CCS) has achieved a major national milestone by being named the Winner Award recipient at the Sri Lanka National Quality Awards 2023, under the Large, Manufacturing Category.

time to read

2 mins

January 02, 2026

Listen

Translate

Share

-
+

Change font size

Holiday offer front
Holiday offer back