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Monday November 9th, 2026

Truth, In The Face Of Cremation

BITTER MEMORIES – Workers clearing up after a Muslim shop in the Minuwangoda market was vandalized and set on fire 3 weeks after the Easter Sunday attacks/Pathum Dhananjajana – EconomyNext

ECONOMYNEXT – Sri Lanka’s expected fallout with the Office of the High Commissioner for Human Rights (OHCHR) in Geneva is serious. The Government is looking for a scapegoat to blame the fallout on someone, and this year it is likely to be blamed on the Muslims because of the cremation controversy. The Government could sail through the next two years with this rhetoric, making the man on the street forget the other issues that weigh him down.

It is expected that the Organization of Islamic Countries will vote against the resolution brought in by the core group at OHCHR and will favour Sri Lanka. Many civil activists see this as a repeat of the treachery to democracy by the six MPs from the Sri Lanka Muslim Congress and the All Ceylon Makkal Congress. This infamous six who are seen as betrayers of Democracy for casting their vote for the 20th Amendment to the Constitution are today like the Areca nut, stuck between the blades of its cutter.

Ironically, geopolitics between India, Pakistan and China will be the deciding factor and not religion, which will determine burial rights for Sri Lankan citizens. Imran Khan is expected today 23rd and the Muslim community pinned on him their hopes on gaining their legitimate right to bury their Covid dead. Imran Khan’s loud rhetoric on Islamophobia by the West is being put to the test in Sri Lanka, and his stand on Muslim burial rights will expose him to the world when his Islamic stand may be compromised for geopolitical reasons. There is no doubt about his ability to garner the support of the Organization of Islamic Countries and it is believed that his visit is to discuss the strategy in Geneva this February and March 2021. Muslims and even Christians wait with bated breath to see if his visit would result in them being able to bury their loved ones, or their hope will be cremated. Will the Rajapaksa Government offer him a Muslim burial on a bouquet or a wreath. That’s a million-dollar question for Muslims in Sri Lanka.

IMPORTANT VISIT – Imran Khan Prime Minister of Pakistan champions Muslims around the world/Facebook.com

There is absolutely no science behind the denial of burial and even the Prime Minister had to eat humble pie after he announced in Parliament that burial rights would be granted. The Technical Committee appointed by the Ministry of Health and headed by Dr Channa Perera seems to more powerful than the Prime Minister and the Parliament. What an insult to the illustrious political career of President Mahinda Rajapaksa spanning over fifty years.

The absolute majority of the 6.9 million who voted for the Sri Lanka Podujana Peramuna (SLPP) did so only because of the experienced campaigner President Mahinda Rajapaksa. The nation expected him to retire after the disastrous defeat in 2015 when he contested the presidential elections, but the admirable warrior bounced back and led his party to victory by winning the elections for his younger sibling President Gotabaya Rajapaksa. The 19th Amendment to the Constitution brought in by the Maithri-Ranil Government deprived him to contest the presidential election for the 3rd time. He proved his popularity and political acumen by re-entering Parliament as a Member and taking over as Prime Minister. However, one wonders if he kicked himself by introducing the 20th Amendment which stripped the power the Parliament had after the 19th Amendment.

Muslim bashing has been the modus operandi of political powers that held sway in Sri Lanka post-2009, starting from the Digana riots to the aftermath of the April 21st bombing in 2019. The last two elections saw probably the worst racist campaigns in Sri Lanka’s history. Muslims were barred from nominations except one who was close to President Gotabaya Rajapaksa. This strategy worked, with 6.9 million voting them to power, influenced by racist ‘save the nation’ rhetoric spewed by certain politicians, monks and media, who had their own agenda to fulfil. The terror of 21/4 was apportioned fully on the entire Muslim community with the supposed links to ISIS by the bombers who had called themselves Muslim. The Muslims have never had any conflict with the Catholics and Christians in this country, and there was absolutely no Islamic cause for any terror by Muslims. The Muslim community even refused Islamic burial rites for the terrorists as Islam totally forbids killing innocents even during a war. They were buried by the authorities with no religious rites by the Muslim Community.

St Sebestian’s Church in Katuwapitiya minutes after the blast on Easter Sunday 2019/ WhatsApp image

With the Muslim bashing that was orchestrated, they rode to a comfortable victory at the Presidential elections, cashing in on the unfounded fear the election rhetoric whipped up, that Muslims will take over Sri Lanka if a strong government does not hold the reins of power.

With an impressive victory of the Sri Lanka Podujana Peramuna, the Muslim bashing continued with campaigns for one country one law, depriving not only Muslims, but also other minorities of their personal laws which affected only their personal lives, and which did not impede on the Common Law which overrides all personal laws anyway.

With the COVID pandemic bringing the whole world to its knees, the racists found a new issue to attack the Muslims and Christians by denying the burial of Covid dead or suspected deaths due to Covid. Islam forbids cremation and insists that a body should be handled very gently and buried. With the forced cremation policy, nearly 300 Muslims have been denied their religious right of burial. All engagement with Government authorities by Muslim civil, religious and business groups have totally failed.

The first Muslim COVID death occurred on the 30th March 2020, and the Quarantine Act in force allowed burial or cremation. Some racist elements denied burial claiming that the Coronavirus can contaminate groundwater sources. In spite of the lack of scientific evidence for this unfounded belief and thousands dying of contagious diseases being buried throughout history, forced cremation still continues. Almost 300 Muslims have died of Covid so far, of over 350 plus Covid deaths in the country. The disproportionate numbers in relation to the demographics in the country indicate the need for research on another social issue that may be looming to haunt Sri Lanka.

A Muslim boy holds up a placard protesting the compulsory cremation of Covid dead/Journalists for Democracy

The COVID 19 virus was first identified in December 2019 and all the countries of the world allowed the burial of those who died of COVID-19 infection. The Ministry of Health Provisional Clinical Practice Guidelines on COVID-19 Suspected and Confirmed Patients dated 27th March 2020 allowed for the burial of dead bodies under certain conditions.

Four days later, on 31st March this was changed, disallowing burial and requiring that all COVID-19 victims be cremated. (The Extraordinary Gazette notification no. 2170/8 of 11th April 2020.)

This denied the right for Muslims and Christians (and some from the Buddhist/Tamil communities) to bury their dead according to their religious teachings, cultural practices or personal wishes. This position of the Government is unscientific and absolutely wrong due to the following reasons.

The WORLD HEALTH ORGANIZATION in its guidelines dated 24th March 2020 regarding the disposal of COVID-19 infected bodies have clearly stated burial as one of the safe methods of disposal. The document states the claims that the virus spread directly through groundwater have not been scientifically substantiated and there is no indication that the virus could be transmitted through drinking water.

The World Health Organization (WHO), Center for Disease Control and Prevention of United States (CDC) and the European Center for Disease Prevention and Control (ECDPC) have issued clear and extensive guidelines on handling dead bodies for cremation or burial.

On 24th December 2020, the Secretary to the Ministry of Health of the Sri Lanka Government appointed an EXPERTS TEAM of the country’s lead Immunologists, Virologists and Microbiologists to provide their recommendations on whether burial can be allowed.

The Experts Team in their report clearly stated that the virus cannot replicate in a dead body and the remaining virus would die over a period of time. It stated that the virus infection is not a water-borne disease, and therefore contamination of water is very remote. The Experts Team recommended cremation or burial with guidelines. They also emphasized that the dignity of the dead and their families should be respected and protected.

The COLLEGE OF COMMUNITY PHYSICIANS OF SRI LANKA (CCPSL), one of the leading medical institutions in their positional paper, voiced their specialist opinion. It stated that with more than 80 million global infection cases and 1.7 million deaths, there is no evidence in the nearly 85,000 published scientific literature on COVID-19 that the virus was transmitted through a dead body. Further, the spread of the virus directly through groundwater has not been scientifically substantiated. They concluded that cremation or burial should be allowed within the strict guidelines recommended by the Ministry of Health. Each citizen of Sri Lanka should be allowed to be cremated or buried as per their wish and the family’s desire within the strict guidelines recommended by the Ministry of Health.

The virus may spread first, if at all, through hospital sewage, waste from isolation and quarantine centres, and faecal-oral transmission, if it was to spread from dead bodies.

The SRI LANKA MEDICAL ASSOCIATION (SLMA) another leading medical institution in their response to the issue of COVID 19 death management in Sri Lanka had expressed their views in favour of burial.

There are no reports of the virus being infective via groundwater. Even in the case of severe waterborne diseases like Cholera, the burial of infected dead bodies was allowed. It is unlikely that the virus could remain infectious within a dead body for any significant period of time. The Council of the Sri Lanka Medical Association is of the view that the burial of COVID-19 dead bodies could be permitted in Sri Lanka.

Further, it stated that the disposal of COVID-19 dead bodies has affected ethnic harmony in Sri Lanka. In view of the cultural diversity of Sri Lanka, it is essential to have a proper policy for the disposal of the dead which is acceptable to all. Almost 200 countries in the world have buried the COVID-19 infected dead bodies and are continuing to do so. There is not a single evidence that groundwater has been contaminated so far due to burying Covid dead.

UNITED NATIONS HIGH COMMISSIONER FOR HUMAN RIGHTS (OHCHR)

The Office of the United Nations High Commissioner for Human Rights (OHCHR) in its latest report dated 27 January 2021, titled ‘Sri Lanka on the alarming path towards a recurrence of grave human rights violations, reports as follows:

“The UN High Commissioner is deeply concerned by the trends emerging over the past year, which may represent early warning signs of a deteriorating human rights situation. With regard to burial, the High Commissioner notes that WHO guidance stresses that “cremation is a cultural choice.”

As stated above, the World Health Organization in its guidelines dated 24 March 2020 regarding the disposal of COVID-19 infected bodies have clearly laid down that burial as one of the safe methods of disposal.

UN SPECIAL RAPPORTEURS – The following four UN Special Rapporteurs:

(i) Special Rapporteur on freedom of religion or belief;
(ii) the Special Rapporteur on the right of everyone to the enjoyment of the highest attainable standard of physical and mental health;
(iii) the Special Rapporteur on minority issues; and,
(iv) the Special Rapporteur on the promotion and protection of human rights and fundamental freedoms while countering terrorism

Their communication to the President of Sri Lanka stated as follows:

“We are concerned that the amendment is inconsistent with the Infection Prevention and Control for the safe management of a dead body in the context of COVID-19 guideline provided by the World Health Organization (WHO Guideline). Furthermore, we are concerned about the lack of consideration provided and the lack of sensitivity in the MoH Guideline to different communities and their religious and cultural practices.” The Special Rapporteurs reiterated the point that WHO Guideline provides that people who have died from COVID-19 can be buried or cremated. (Annexure 9).

HUMAN RIGHTS COMMISSION OF SRI LANKA

The Commission on 20 November 2020, highlighted that any restriction on a fundamental right, even at a time of crisis, must be imposed under strict justifications. It recommended permitting the burial of bodies of persons who succumb to the Covid-19 virus while adhering to required health guidelines. It also urged the Government to ensure compliance with the Constitution of Sri Lanka and Sri Lanka’s international obligations. (Annexure 10).

CIVIL SOCIETY, RIGHTS ACTIVISTS AND CIVIL ORGANISATIONS

Recognized individuals consisting of professionals, academics, lawyers, specialists, intellects, reverend priests and 29 civil society organizations issued a statement urging the Government to permit the burial of the COVID-19 dead bodies.

They said that the Government’s ongoing forcible cremation policy without proper scientific evidence has caused much suffering and grievance to certain religious groups. The statement called upon the Government to enable those from religious minorities to bury their dead.

The above provides a synopsis of the ongoing human rights violation by the forced cremation policy of the Sri Lanka Government which is not based on science, hurting the sentiments of Muslims, Christians and other citizens who choose to bury their loved ones, and dangerously hindering peaceful coexistence in Sri Lanka. (Colombo, February 23, 2021)

By Hilmy Ahamed

Sri Lanka stocks close up 1.37-pct, banks lead turnover

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange closed up on Monday, CSE data showed, with the benchmark All Share Price Index moving up 1.37 percent.

The ASPI was up 291.72 points at 21,531.37, while the more liquid S&P SL20 was up 1.67 percent, or 100.96 points, at 6,146.34.

Positive contributors to the ASPI were Commercial Bank of Ceylon (up 2.86 percent at 216.00 rupees), Hatton National Bank (up 1.52 percent at 399.75 rupees), Asiri Hospital Holdings (up 12.86 percent at 31.60 rupees), Tokyo Cement Company (up 5.22 percent at 84.70 rupees), and Access Engineering (up 3.93 percent at 81.90 rupees).

Carson Cumberbatch (down 4.24 percent at 712.00 rupees), Richard Pieris and Company (down 2.43 percent at 28.10 rupees), LOLC Holdings (down 0.62 percent at 400.00 rupees), Renuka Holdings (down 2.63 percent at 37.00 rupees), and Chevron Lubricants Lanka (down 0.61 percent at 204.25 rupees) were top negative contributors.

Market turnover was 3.33 billion rupees. The S&P/CSE Banks Industry Group led turnover with 667.76 million rupees.

The session saw heavy crossings, according to Raynal Wickremeratne, Head of Research and Strategy at NDB Securities. Significant crossings included Keells (23 million rupees), Distilleries Company (27.7 million rupees), Sunshine Holdings (30.6 million rupees), Commercial Bank (32.4 million rupees), Ceylon Tobacco Company (35.6 million rupees), Hatton National Bank (39.5 million rupees), Prime Lands (40.5 million rupees), and HAS Holdings (41.5 million rupees).

In corporate news, Hayleys Retail Holdings Ltd announced it has partnered with supply chain software provider Blue Yonder to build and scale an AI-native grocery supermarket chain across Sri Lanka. (Colombo/Nov09/2026)

 

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Sri Lanka’s Hayleys Retail to launch supermarket chain with Blue Yonder

ECONOMYNEXT — Hayleys Retail Holdings Ltd has selected supply chain software provider Blue Yonder to build its grocery retail operations from the ground up, the two companies said in a joint statement.

Hayleys Retail, a member of Sri Lanka’s diversified conglomerate Hayleys Group, plans to open several stores in the near future to serve consumers across the country. The agreement marks Blue Yonder’s first retail customer in Sri Lanka.

“Our entry into supermarket retail is about bringing that same commitment to quality and reliability closer to everyday Sri Lankan consumers,” Mohan Pandithage, Chairman and Chief Executive of Hayleys PLC said.

“With Blue Yonder, our teams will have AI-driven insight to deliver a seamless, consistent shopping experience across every store,” he said.

Hayleys, which accounts for approximately 5 percent of Sri Lanka’s export income and operates across 17 business sectors, is entering the large-scale supermarket space by drawing on its group strengths in manufacturing, logistics, and services.

The company selected Blue Yonder to connect its data across merchandising and shelf space, deploy artificial intelligence agents to catch operational issues early, and scale its business into a national network without changing platforms.

The rollout will begin with merchandise operations to manage suppliers, items, costs, and pricing, followed by machine learning capabilities to forecast demand and balance store inventory during seasonal peaks.

“Hayleys Retail is choosing one where AI is the foundation rather than an add-on—connected data and agentic AI built into core merchandising operations, and planning that learns as the business grows,” Antonio Boccalandro, President, APAC at Blue Yonder said.

The retailer plans to use the platform to automate routine store tasks and adjust inventory according to real-time sales and local market trends as its store footprint grows. (Colombo/Nov09/2026)

 

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Sri Lanka’s Citrus Leisure extends Lotus Tower management pact

ECONOMYNEXT – Sri Lanka listed hospitality firm Citrus Leisure said it has extended an agreement to manage consumer-facing and entertainment spaces at the Colombo Lotus Tower, which includes revolving restaurant Blue Orbit, until June next year.

The initial agreement signed between Citrus Leisure and Colombo Lotus Tower Management Company (Private) Limited (CLTMC) is due to expire on December 11.

“The Board of Directors of CLTMC at meeting held on 2nd November 2026 has resolved to extend the term of the Management Agreement and continue the existing Management Agreement until 30th June 2027, to which the company has given its concurrence,” the company said in a market filing.

Citrus Leisure Plc opened its revolving restaurant at the Lotus Tower in December 2023.

The company signed a 3-year agreement with CLTMC in May 2023 to provide services in the management of (l) the banquet hall 1 on the 25th floor, (2) the banquet hall 2 on the 26th floor, (3) the revolving restaurant on the 27th floor, (4) the 6 suites situated on the 28th floor and the kitchen in the basement floor of the Colombo Lotus Tower.

The 350-meter or 1,150-feet tower, the tallest in South Asia, was built at a cost 104.3 million US dollars with 80 percent of the money borrowed from Exim Bank of China.

Located in the commercial heart of Colombo, the tower has been called a symbolic landmark of Sri Lanka as well as a colossal white elephant and has been mired in controversy for years. (Colombo/Nov9/2026)

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CIC Holdings Sept quarter net profit rises 20-pct to Rs1.7bn

ECONOMYNEXT — Sri Lanka conglomerate CIC Holdings recorded a net profit of 1.66 billion rupees for the quarter ended September 30, rising 20.3 percent from 1.38 billion rupees in the same quarter last year, interim accounts showed.

The group posted basic earnings per share of 0.87 rupees for the September quarter, up from 0.73 rupees a year earlier.

Quarterly revenue grew 3.4 percent to 20.89 billion rupees from 20.20 billion rupees, supported by broad-based growth across industrial solutions, livestock, and healthcare segments, which counterbalanced relative demand moderation in agricultural inputs.

Cost of sales rose 5.3 percent to 15.20 billion rupees, outpacing revenue growth and causing gross profit to contract marginally by 1.2 percent to 5.68 billion rupees.

Results from operating activities dropped 7.3 percent to 2.66 billion rupees from 2.87 billion rupees, impacted by higher operating overheads.

Selling expenses expanded 6.8 percent to 2.15 billion rupees, and general and administrative expenses climbed 5.8 percent to 1.07 billion rupees, while other operating income dropped 29.6 percent to 117.40 million rupees.

However, operating profits were cushioned by an impairment reversal on trade receivables of 85.83 million rupees, turning around from an impairment provision of 23.38 million rupees in the corresponding quarter last year.

Net finance costs climbed 35.4 percent to 712.25 million rupees from 526.01 million rupees.

The increase was driven by a 30.8 percent rise in finance expenses to 771.46 million rupees, primarily reflecting higher interest expenses on loans to finance elevated working capital and inventory requirements.

The quarter’s bottom line was strongly bolstered by CIC’s equity-accounted investment in John Keells Holdings PLC (JKH).

Share of profit from equity-accounted investees surged more than fourfold to 590.50 million rupees from 257.87 million rupees, driven by JKH’s strong profit expansion during the period.

The group also recognized a gain on bargain purchase of 55.59 million rupees during the quarter resulting from additional share purchases in JKH where the proportionate net asset value exceeded acquisition cost, compared to no such gain a year earlier.

With associate income gains offsetting operating margin contraction and higher borrowing costs, group pre-tax profit held virtually flat at 2.59 billion rupees, down 0.11 percent.

Income tax expense fell 29.4 percent to 606.24 million rupees from 858.71 million rupees, driving total group profit for the period up 14.1 percent to 1.98 billion rupees.

Total group assets stood at 108.58 billion rupees as of September 30, up from 99.75 billion rupees at the end of March 2026.

Group net asset value per share increased to 25.52 rupees from 22.10 rupees a year earlier.

CIC Holdings’ ordinary voting shares closed at 27.80 rupees at the end of September.(Colombo/Nov09/2026)

 

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Sri Lanka stocks trend up; ASPI gains 0.78-pct

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange was trading higher on Monday, CSE data showed, with the benchmark All Share Price Index moving up 0.78 percent.

The ASPI was up 165.73 points at 21,405.38, while the more liquid S&P SL20 was up 0.61 percent, or 37.04 points, at 6,082.42.

Positive contributors to the ASPI were Commercial Bank (up 1.55 percent at 213.25 rupees), Ceylon Cold Stores (up 2.61 percent at 128.00 rupees), Asiri Hospital Holdings (up 10.00 percent at 30.80 rupees), Hemas Holdings (up 1.27 percent at 32.00 rupees), and Ambeon Holdings (up 6.02 percent at 37.00 rupees).

Namunukula Plantations (down 3.92 percent at 63.70 rupees), LOLC Holdings (down 0.62 percent at 400.00 rupees), and Chevron Lubricants Lanka (down 0.12 percent at 205.25 rupees) were top negative contributors.

Market turnover was 428.31 million rupees. Capital goods led turnover with 82.53 million rupees. (Colombo/Nov09/2026)

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Sri Lanka rupee at 332.54/58 to US dollar spot, bond yields steady

ECONOMYNEXT – Sri Lanka’s rupee was quoted at 332.54/58 to the US dollar spot on Monday, stronger from 332.55/60 Friday, while bond yields held broadly steady, dealers said.

A bond maturing on 15.09.2029 was quoted at 10.90/95 percent, up from 10.85/95 percent.

A bond maturing on 01.08.2030 was quoted at 11.00/10 percent, down from 11.05/10 percent.

A bond maturing on 01.02.2031 was quoted at 11.10/20 percent, up from 11.10/15 percent.

A bond maturing on 15.12.2032 was quoted at 11.58/68 percent, up from 11.55/65 percent.

A bond maturing on 01.06.2033 was quoted at 11.80/95 percent, up from 11.80/85 percent.

A bond maturing on 15.10.2034 was quoted at 12.08/15 percent, up from 12.05/12 percent.

A bond maturing on 15.08.2036 was quoted flat at 12.30/40 percent.

The telegraphic transfer rate for the dollar was 328.05 buying, 337.05 selling; the euro was 363.3528 buying, 377.1336 selling; pound was 437.5954 buying, 451.7038 selling.

On the Colombo Stock Exchange the All Share Price Index was up 0.78 percent, or 165.42 points, at 21,405; while the S&P SL20 was up 0.58 percent, 35.19 points, at 6,080.

90,000 million rupees Treasury bills are to be issued through an auction on November 11. (Colombo/Nov9/2026)

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