Author Archive for Dr Sarath Obeysekera

අරහත් මහින්ද හිමියන් ශ්‍රී ලංකාවට බුදු දහම හඳුන්වා දුන් විට කතා කළේ කුමන භාෂාවෙන්ද?

Tuesday, June 30th, 2026

ආචාර්ය සරත් ඔබේසේකර මෙය ඉතා රසවත් ඓතිහාසික ප්‍රශ්නයක් වන අතර, ඉතිහාසඥයන් සහ භාෂා විද්වතුන් දීර්ඝ කාලයක් තිස්සේ මේ පිළිබඳව විවිධ අදහස් ඉදිරිපත් කර ඇත. ශ්‍රී ලංකාවේ පුරාණ වංශකතාවක් වන මහාවංසය අනුව, අරහත් මහින්ද හිමියන් (සම්ප්‍රදාය අනුව අශෝක අධිරාජයාගේ පුත්‍රයා හෝ සමහර මූලාශ්‍ර අනුව සහෝදරයා) ක්‍රිස්තු පූර්ව තුන්වන සියවසේදී දේවානම්පියතිස්ස රජුගේ රාජ්‍ය සමයේ ශ්‍රී ලංකාවට වැඩම […]

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Closure of Walkers Colombo Shipyard a national loss – Dr. Obeysekera

Tuesday, June 30th, 2026

Dr Sarath Obeysekera https://themorningtelegraph.com/45808 Answer to this post in morning telegraph  https://hirunews.lk/en/business/438866/closure-of-walkers-colombo-shipyard-a-national-loss-dr-obeysekera Closure of Walkers Colombo Shipyard a national loss – Dr. Obeysekera Share Post Walkers Colombo Shipyard (Pvt) Ltd has been closed down and urgent steps should be taken to reopen it, former founding Managing Director Dr Sarath Obeysekera said. He noted that Walkers […]

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Boat /Yacht and Ship Building/Chartering Industry Infrastructure and Market Development to Develop Exports and Nautical Tourism (POST COVID STRATEGY) 

Tuesday, June 30th, 2026

Submitted By: Boat Building Technology Improvement Institute- The association of Boat /ship builders By gamini Herath Submitted By: Boat Building Technology Improvement Institute- The association of Boat /ship builders By gamini Herath Posted by dr Sarath Obeysekera Boat and Ship Building Sector- Includes all types of sea going vessels and vessels used in internal waters […]

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What Language Did Arahat Mahinda Speak When He Introduced Buddhism to Sri Lanka?

Monday, June 29th, 2026

Dr Sarath Obeysekera This is a fascinating historical question, and historians have debated it for a long time. According to the traditional Sri Lankan chronicle, the Mahavamsa, Mahinda Thera, the son (or, according to some traditions, brother) of Ashoka, arrived in Sri Lanka during the reign of Devanampiya Tissa around the 3rd century BCE. The […]

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Sri Lanka Must Reform Its Approach to Foreign Direct Investment

Monday, June 29th, 2026

Dr Sarath Obeysekera Sri Lanka has no shortage of strategic advantages. Our location, skilled workforce, natural harbours, fertile land, and maritime heritage make us an attractive destination for foreign direct investment (FDI). Yet, time and again, promising investment opportunities have slipped through our fingers. Several years ago, a Saudi investor expressed serious interest in establishing […]

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*Can Sri Lanka afford to wait for Tricomalee Port Development* The article published today 28 June in *Sunday Observer* , having largest circulation in Sri Lanka. 

Sunday, June 28th, 2026

Dr Sarath Obeysekera https://www.sundayobserver.lk/2026/06/28/business/79914/can-sri-lanka-afford-to-wait-for-trincomalee-port-development Critical overview  Trincomalee Must Become Sri Lanka’s Offshore Industry Capital – Not Just Another Commercial PortThe current debate on Trincomalee Port development has largely centred on logistics, container handling, oil storage, industrial zones, and real estate. While these sectors are important, they alone will not maximise the strategic and economic value […]

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Port City secures $ 600 m new investment through 71 strategic businesses in 1H2026 -Are we on the right track ? 

Saturday, June 27th, 2026

Dr Sarath Obeysekera https://www.ft.lk/front-page/Port-City-secures-600-m-new-investment-through-71-strategic-businesses-in-1H2026/44-793674# Quote  The announcement that Colombo Port City has secured over US$600 million in new investments through 71 strategically approved businesses is encouraging and reflects improving investor confidence in Sri Lanka’s economy. However, the composition of those investments deserves closer attention. Much of the current focus appears to be on real estate, […]

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Trincomalee needs vigorous marketing and infrastructure development in Trinco to get the Indian Business 

Saturday, June 27th, 2026

Dr Sarath Obeysekera India’s Oil and Natural Gas Corporation (ONGC), supported by energy and marine consultancy ABL, has completed the relocation of 44 jack-up rigs ahead of the monsoon season.The pre-monsoon rig moves were carried out between March 15 and May 31, with the rigs travelling a combined distance of more than 5,500 nautical miles […]

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Building an Education System for the 21st Century Shaping Education to Meet the Challenges of Tomorrow

Saturday, June 27th, 2026

Dr Sarath Obeysekera Many leading educational thinkers and industrialists have argued that education should develop creativity, problem-solving, adaptability, and character rather than only memorization. Here are some of the best-known quotes and how they can inspire modern educational reforms. 1. Albert Einstein Education is not the learning of facts, but the training of the mind […]

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Why Sri Lanka Must Transform Its Education System to Power an AI and Industrial Economy

Thursday, June 25th, 2026

Dr Sarath Obeysekera  What kind of education system best serves Sri Lanka’s long-term development? The issue is not whether Sri Lanka should have schools similar to prestigious British schools such as Harrow School, Merchant Taylors’ School, or The John Lyon School. The real question is whether our education system produces citizens who can create value […]

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What Buddhism Says About the Mind at Death

Thursday, June 25th, 2026

Dr Sarath Obeysekera  Extract from AI  In many Buddhist schools, especially in the Theravāda tradition practiced in Sri Lanka, the state of mind at the moment of death (maranasanna citta or death-proximate consciousness”) is considered important because it can influence the next rebirth. For example: However, Buddhism does not generally teach that the final thought […]

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Sri Lanka should follow the following methodology to finance the Trincomalee Green Hydrogen or Offshore Construction Project 

Thursday, June 25th, 2026

Dr Sarath Obeysekera In May 2020, during the most volatile period in the oil & gas sector in 40 years, Nigeria LNG Ltd (NLNG) signed a historic US$3 billion corporate loan to finance the construction of its seventh liquefied natural gas(LNG) train. The Nigeria LNG Train 7 project (Train 7), expected to boost Nigeria’s LNG output by close to a third, is seen […]

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Capitalism, Public Investment, and the Incentive Dilemma in Sri Lanka

Thursday, June 25th, 2026

Sarath Obeysekera  Some business leaders and professionals are now lamenting that projects for FDI are not coming  They suggest privately that decision -makers who are cabinet ministers may be allowed to take an incentive rather than calling it bribery, so that FDI can grow in  Large infrastructure projects are often evaluated on their economic return. […]

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From Library Dust to Artificial Intelligence: Teaching Young Minds to Think Before They Ask

Tuesday, June 23rd, 2026

Dr Sarath Obeysekera I often reflect on my days as a young engineering student in the former Soviet Union. My mentor, a Russian Jew and a passionate patriot of Russia and its revolution, frequently spoke about how a nation becomes powerful through knowledge, discipline, and scientific inquiry.  Under leaders such as Stalin, he believed that […]

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Reimagining Mattala Airport: From “World’s Emptiest Airport” to Southern Sri Lanka’s Aviation and Industrial Gateway

Tuesday, June 23rd, 2026

By Sarath Obeysekera The Mattala Rajapaksa International Airport (MRIA) remains one of Sri Lanka’s most debated infrastructure projects. Built in 2013 at an estimated cost of US$209 million, with the majority financed through Chinese loans, the airport was originally designed to handle one million passengers and 50,000 tonnes of cargo annually. Unfortunately, traffic projections never […]

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From Oppenheimer to Artificial Intelligence: Can Human Creation Surpass Its Creator?

Tuesday, June 23rd, 2026

Dr Sarath Obeysekera AI assisted to formulate following . Many of the world’s great advances came from exceptional individuals such as J. Robert Oppenheimer, Tim Berners-Lee, and countless scientists, engineers, and thinkers whose creativity changed civilization. Their inventions brought enormous benefits but also risks. Nuclear technology, for example, can generate electricity or destroy cities. Will […]

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From Kataragama to Vipassana: A Journey of Faith, Mindfulness and Inner Peace

Tuesday, June 23rd, 2026

By Sarath Obeysekera As a child, my mother was an ardent devotee of the deity of Kataragama Temple. Before every important examination or milestone in my life, she would take me on a long journey by bus to Kataragama. In those days, it was an adventure in itself.We travelled for an entire day and stayed […]

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Can Sri Lanka Become the First South Asian Nation to Finance Strategic Infrastructure through Tokenized Digital Assets?

Sunday, June 21st, 2026

By Sarath Obeysekera A New Paradigm for Infrastructure Financing Sri Lanka has historically financed large infrastructure projects through sovereign loans, bilateral financing, multilateral development banks, and foreign direct investment (FDI). While these mechanisms have delivered highways, ports, airports, and power plants, they have also contributed to high levels of external debt and fiscal vulnerability. The […]

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Trincomalee Marine Industrial Hub Tokenized Fund (TMT Fund)

Sunday, June 21st, 2026

Dr Sarath Obeysekera Investor Briefing for Policy Consideration The Trincomalee Marine Industrial Hub Tokenized Fund (TMT Fund) is a pioneering initiative designed to mobilize private and diaspora capital for the development of Sri Lanka’s proposed Marine Industrial and Offshore Repair Hub in Trincomalee. Using blockchain-based tokenization, the fund allows fractional investment and transparent participation in a Public–Private Partnership […]

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Reimagining Mattala Airport: From “World’s Emptiest Airport” to Southern Sri Lanka’s Aviation and Industrial Gateway

Sunday, June 21st, 2026

By Sarath Obeysekera Quote  Sri Lanka opens Mattala Airport to local & foreign investors The Ministry of Ports & Civil Aviation, through Airport & Aviation Services (Sri Lanka) (Private) Limited (AASL), has invited Expressions of Interest (EOI) from investors to utilize resources at Mattala Rajapaksa International Airport (MRIA) in Hambantota. Submissions are due by 09 […]

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Trincomalee’s Future Lies Beyond Conventional Port Economics

Saturday, June 20th, 2026

Dr Sarath Obeysekera The argument that Trincomalee lacks economic potential because it is not directly on the main East-West shipping route is an overly narrow interpretation of port development.  The world’s most successful heavy engineering and offshore industrial ports did not necessarily become successful because of their immediate proximity to shipping lanes.  They succeeded because […]

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Hambantota’s 108 Acres: Sri Lanka Must Pursue Strategic Industries, Not Just Another Land Lease

Friday, June 19th, 2026

Dr Sarath Obeysekera News Sri Lanka looks for international investors for 108 acres near southern port” Tuesday June 16, 2026 2:51 pm The Government’s decision to invite international investors to develop 108 acres of land near the Hambantota International Port (HIP) through a 50-year lease is both timely and significant. With global shipping patterns being […]

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Trincomalee: The Missing Link in Sri Lanka’s Export Development Strategy (NEDP 26/30)

Wednesday, June 17th, 2026

Dr Sarath Obeysekera https://www.srilankabusiness.com/ebooks/national-export-strategy-of-sri-lanka.pdf Sri Lanka’s National Export Development Plan (NEDP) rightly focuses on transforming the country into a competitive logistics and export hub and prioritises marine-based industries and high-value manufacturing. However, the strategy does not adequately address one of Sri Lanka’s most significant untapped opportunities—the development of an offshore and heavy industrial hub in […]

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Foreign-Owned Betting Platforms and the Growing Gambling Culture in Sri Lanka

Wednesday, June 17th, 2026

Dr Sarath Obeysekera There  are numerous online betting websites accessible in Sri Lanka, such as platforms branded for local users like Mostbet, MelBet, 1xBet, and others. Most operate under offshore licenses, mainly from Curaçao, and offer deposits and withdrawals in Sri Lankan Rupees.   Regarding Chinese operators, there have been reports and public discussions suggesting […]

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Sri Lankan Media Must Become More Progressive and Development-Oriented

Wednesday, June 17th, 2026

Dr Sarath Obeysekera The media plays a vital role in shaping public opinion and influencing national priorities. In a democratic society, television channels and newspapers are expected to educate, inform and inspire the public. Unfortunately, much of Sri Lanka’s electronic media has become trapped in an endless cycle of political mudslinging, sensationalism and personality-driven controversies.Every […]

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Our Rice Farmers Deserve Better: Curb Excessive Profits and Ensure a Fair Paddy Price

Monday, June 15th, 2026

Dr Sarath Obeysekera The recent protests by rice farmers across Sri Lanka once again highlight the deep crisis facing the agricultural sector. Thousands of paddy farmers are voicing their anger over the government-announced purchase price of paddy, claiming that it does not even cover the cost of production. The cost of cultivation has risen sharply […]

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Natural Gas exploration should start asap

Sunday, June 14th, 2026

Dr Sarath Obeysekera Sri Lanka is estimated to have up to three trillion cubic feet of natural gas in its offshore reserves, according to an interview published by The Sunday Morning. Quoting Petroleum Development Authority of Sri Lanka RX  Chairman Saliya Wickramasuriya, the report said the country also has the potential for several billion barrels” […]

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Investment Roadshows Alone Will Not Bring Investors to Sri Lanka

Sunday, June 14th, 2026

Dr Sarath Obeysekera The recent engagement by Presidential Special Envoy for Foreign Investment Hanif Yusoof with American business leaders in Washington is undoubtedly a positive initiative.  Meeting representatives from major corporations such as Apple, Boeing, and Mastercard and presenting Sri Lanka’s potential in ports, logistics, renewable energy, technology, tourism, aviation, and healthcare sends a welcome […]

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Why Are Indian Investors Reluctant to Invest in Colombo Port City?

Sunday, June 14th, 2026

By Sarath Obeysekera Sri Lanka today finds itself navigating a delicate geopolitical balancing act between two Asian giants – India and China. Both nations have strategic interests in the island, yet their approaches to investment and engagement have been markedly different. China moved swiftly and decisively into Sri Lanka’s infrastructure sector. It financed and built […]

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White Elephants at Sea: Are We Repeating the Same Mistakes?

Saturday, June 13th, 2026

By Sarath Obeysekera Sri Lanka’s marine industry has enormous potential. We have skilled boat builders, strategic harbours, a growing export market, and access to regional shipping routes. Yet time and again, valuable investments made with public funds are allowed to deteriorate due to poor management decisions, bureaucratic inertia, and a lack of commercial vision.For several […]

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