Business Today Sri Lanka - June 2024

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Singapore Prime Minister Lee Hsien Loong speaks on ‘The Economy’.
Former Southern Province Governor Willie Gamage is a political veteran. From a student activist and insurgent, he transitioned into mainstream politics and actively engaged in grassroots politics and campaigns. He has served in multiple public service positions since 2005. He is a son of the South and knows its complexities and dynamics, and his return to the province was an opportunity to serve it well.
Dilith Jayaweera, leader of the Mawbima Janatha Pakshaya, is best known for propelling Gotabaya Rajapaksa to prominence and then to power. He is no stranger to controversy and no stranger to spreading sensational stories; Dilith knows that many people love to hate him. They even blame him for being one of those responsible for promoting an inept leadership that led this country to its worst economic crisis.
The corruption case of Vietnamese property magnate Truong My Lan gripped the world’s attention. It was not only for the severity of the sentence she received but the justice system’s success in netting a coterie of influential persons in public office and banking for aiding her decade-long swindling spree.
The high borrowing is undertaken by the Federal Government in recent years has resulted in the U.S public burden hitting $34 trillion by the end of 2023, with forecasts seeing a further jump to between $37 trillion and $38 trillion in 2024.