Prøve GULL - Gratis
Chichi’s rocket and Harini
Daily FT
|August 20, 2025
PRIME Minister Harini Amarasuriya’s response in Parliament to SLPP MP D.V. Chanaka’s question over the controversial SupremeSAT project — which launched a communication satellite in November 2012 — and subsequent statements by Trade and Commerce Minister Wasantha Samarasinghe caused uproar and once again called into question the credibility of Government leaders’ official remarks.
-
During the contentious reply, the premier mentioned that no public funds were invested in the controversial venture. Also, she informed the legislature that SupremeSAT mission, according to the information provided by the BOI, earned Rs. 343.9 billion over a period of seven and a half years from 2016 to June 2023
Before assuming power, the NPP politicians used to ridicule the rocket that was sent into the airspace, for which Rohitha Rajapaksa (whose nickname is Chichi) — the youngest son of former President Mahinda Rajapaksa — was said to have played a pivotal role. However, although people are referring to a rocket, it needs to be clarified that the object which is under scrutiny is the communication satellite named SupremeSAT-1, which was deployed by SupremeSAT Ltd. in partnership with China Great Wall Industry Corporation. The former president’s son was the Technical Director of the initiative.
Denne historien er fra August 20, 2025-utgaven av Daily FT.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Daily FT
Daily FT
Numbers don't lie; but do we know how to read them?
Five things Sri Lanka's 2025 investment data is telling us — that most people missed
5 mins
June 23, 2026
Daily FT
Sri Lanka’s 2025 trade data: China and India can both appear no. 1 trading partner, says FactCheck.lk
DIFFERENCES in the way Sri Lanka, India, and China record international trade have produced competing claims over Colombo’s largest trading partner in 2025, with FactCheck.lk concluding that China ranks first in Sri Lankan data while India leads in partner-country records.
6 mins
June 23, 2026
Daily FT
Govt. targets 2029 launch for Digital TV service
JICA grants ¥400 m for public awareness drive
1 mins
June 23, 2026
Daily FT
Port City secures $ 600 m new investment through 71 strategic businesses in 1H2026
Lease agreements worth Rs. 40.2 b signed for three flagship developments More than 10,000 direct jobs expected from approved businesses Govt. says reforms and streamlined approvals key drivers of investor interest
2 mins
June 23, 2026
Daily FT
Home Lands expands presence in Port City Colombo
Acquires second land parcel in Central Park District
2 mins
June 23, 2026
Daily FT
Mandatory TIN registration for all individuals above 18: A legal requirement or public misconception?
FOLLOWING the enactment of the Inland Revenue (Amendment) Act, No. 11 of 2026 by Parliament earlier this month, tax advisors, social media commentators, and various online platforms have been actively ’educating’ the public about ‘mandatory requirement’ for every individual above the age of 18 to obtain a Tax Identification Number (TIN).
6 mins
June 23, 2026
Daily FT
Harsha responds to Chathuranga; defends COPF scrutiny of Govt's VAT policy
Says CoPF's role is to scrutinise policy, not obstruct Govt. Raises concerns over VAT threshold cut, digital tax disparities and SSCL continuation Calls for compliance support for SMEs and closer oversight of online betting platforms
2 mins
June 23, 2026
Daily FT
President pledges support for apparel sector
Pushes export-led growth and rural industrialisation
2 mins
June 23, 2026
Daily FT
SL gets reality check on post-crisis recovery
THREE years after pulling back from economic collapse, Sri Lanka is being forced to confront a more difficult question than stabilisation: why has growth underperformed for much of the past two decades despite the country’s strategic location, educated workforce, and longstanding advantages in trade and services?
4 mins
June 23, 2026
Daily FT
Tea exports rise in May, but YTD volumes slip
Shipments in May climb 7.5% YoY to 23.51 Mn/Kgs
2 mins
June 23, 2026
Listen
Translate
Change font size
