Sri Lankan shares rose for a fourth session of gains on Tuesday to hit their highest close in four months, led by conglomerate John Keells Holdings Plc , while foreign investors’ selling dented the sentiment. The benchmark stock index rose 0.65 percent to 6,637.74, its highest closing level since Jan. 11. “Today, Keells moved the market but foreign outflow is giving out a negative sentiment. It looks like a foreigner is exiting from Keells,” said […]
Today initiated by Pedal Pushers, almost 150 riders took to the streets of Colombo, supporting the World Bike To Work Day. Pedal Pusher cyclists comprised of riders representing the corporate sector, government sector, entrepreneurs, professionals and the like. Most importantly, Pedal Pushers ‘share the road with cyclists’ initiative was projected to drivers during the ride across the busy streets of Colombo. For safety on the road, Dedicated Cycling Lanes are on the cards as expressed […]
A person who gains power should utilize that authority to empower the Public who vested that power with you, but not to accumulate more power for the personal benefits, President Maithripala Sirisena emphasized. The character of late Mr. Lalith Athulathmudali is an exemplary for the society as a leader who never misappropriated the power vested in him, among the politicians who used the power vested with them to further strengthen their own power while destroying […]
Students who have been selected for universities in Thirukkovil Division were felicitated by the Thirukkovil Vipulananda Academy at the Academy’s Auditorium under the patronage of its founder the director of the Academy S. Jeyapalan. Tamil National Alliance’s Digamadulla District MP Kaveenthran Kodeewaran participated as the Chief Guest and gave away mementos to those who were selected for the university. MP Kodeewaran said, time has now come to concentrate on education and parents must give all […]
Taipei, May 10 (CNA) A Sri Lanka national has been caught attempting to travel to Canada via Taiwan using fake Canadian identification cards, the National Immigration Agency (NIA) said Tuesday. The 24-year-old man was discovered by immigrant agents at Taiwan Taoyuan International Airport late Monday to be holding a fake Canadian permanent resident card when he was waiting for a transit flight to Toronto, the agency said. A fake Canadian citizenship card, health card and […]
Sri Lanka seamer Dhammika Prasad is set to have a scan on the shoulder injury which forced him out of the tourists’ attack against Essex. Prasad, whose five-wicket burst set up Sri Lanka’s series-clinching victory over England at Headingley two years ago, may be a doubt to return to the same venue for next week’s first Test. He was unable to complete his 18th over on day two of three at Chelmsford, where Sri Lanka […]
The second Judicial Medical Officer’s (JMO) report on Sumith Prasanna Jayawardane’s death at Embilipitiya during a clash with the Police had revealed that his death was due to excessive bleeding and not because of injuries caused by being assaulted or being pushed. Counsel Anuja Premaratne, appearing for former Embilipitiya Police ASP C. Dharmaratne, conveyed this to Embilipitiya High Court Judge Kumari Abeyratne today.
The Sri Lankan authorities must determine whether the persons, whose names exposed in Panama Papers, have paid the necessary taxes and if taxes are not paid steps should be taken to reclaim the money, the Anti-Corruption Front (ACF) urged today (10). “Billions of dollars have been taken out of Sri Lanka in the recent years. Central Bank must take steps to get this money back. Panama papers have only reminded us again the need to […]
Tamils in London have been urged to support the Constitutional reforms process currently underway in Sri Lanka. Parliamentarian and a member of the Sub-Committee in the Constitutional Assembly, Dr. Jayampathy Wickramaratne, said that it will be impossible and unrealistic to expect all aspirations and demands of everyone to be met when the new Constitution is drafted. “There have to be compromises,” he said. Wickramaratne was speaking at a forum organised by the Non Resident Tamils […]
Sri Lanka’s tea production in March 2016, which was down 27.5 percent from a year earlier owing to drought, was the lowest since 2010, brokers said. March tea output fell by 8.3 million kilos to 22.06 million kilos from 30.4 million kilos in March 2015. It was the lowest since March 2010, when total production dropped to 21.05 million kilos, Forbes & Walker Tea Brokers said. “All elevations, High, Medium and Low Growns, have shown […]
The High Commissioner of Pakistan in Sri Lanka Maj. Gen. (R) Syed Shakeel Hussain said Pakistan has always been extending all out support to Sri Lanka including cooperation at multiple multilateral forums which Government of Sri Lanka has deeply appreciated at all levels. HE Syed Shakeel Hussain said this while talking to the 11 member delegation of Pakistan National School of Public Policy delegation, which is currently visiting Sri Lanka on five-day tour. The delegation […]
The joint opposition today launched an Economic Research Unit to probe the current economic crisis in the country. MP Bandula Gunawardana said the Economic Research Unit comprised several members of the JO including Prof. G.L. Peiris, former Central Bank economists and university academics. He said the government had increased the Value Added Tax (VAT) up to 15 per cent in an unjust manner. “The VAT increase of 15 per cent should be reduced to 12 […]
President Maithripala Sirisena and the delegation will leave for London tomorrow (11th May) early morning to take part in the “Anti-Corruption Summit -2016” to be held in London on Thursday (12th May). The Summit commenced under the patronage of the British Prime Minister David Cameron is scheduled to be addressed by the President Sirisena. Bilateral discussions will be held between the PM Cameron and the Sri Lanka President Sirisena after summit.
Parliamentarian and former President’s son Namal Rajapaksa is arrived at the PRECIFAC this morning. Rajapakse is to give a statement regarding the alleged misuse of flights operated by the Air Force to the Presidential Commission of Inquiry to Investigate and Inquire into Serious Acts of Fraud, Corruption and Abuse of Power, State Resources and Privileges (PRECIFAC).
Sri Lanka’s debt-ridden national airline will sell four new Airbus A350s, a government minister said on Tuesday, two weeks after cancelling an order for four of the aircraft, the Reuters news agency reported. The state-owned carrier had already sold one of the four planes for a “reasonably good price” to a leasing company and is in talks with airlines over the other three, Deputy State Enterprise Minister Eran Wickramaratne said. Although SriLankan Airlines needs more […]