In brief

Uninterrupted power for Jaffna

The Power and Energy Ministry said the Jaffna peninsula will receive an uninterrupted power supply from November following the completion of the 36 MW thermal power plant in Chunnakam. A Ministry spokesman said construction work is nearing completion and the power station will begin operations in early November.

Stock market stronger

The stock market ended stronger concluding the week's trading. The week displayed somewhat of a balanced context with indices losing ground earlier in the week and gaining some of the lost momentum in the latter part.

Focus on ME tourists

Citizens and expatriates from Saudi Arabia have been increasingly visiting or travelling through Sri Lanka. There has been a 30 per cent increase in tourist and business traffic from Saudi Arabia and Sri Lanka will focus more on Saudi Arabia and the rest of the Middle East as they have a great spending capacity, especially in the wake of the economic boom, This year alone, from January to date, 5,000 Saudis and 10,000 expatriates from the Kingdom visited Sri Lanka.

LTTE strongholds attacked

The Army attacked three strongholds of the LTTE in Pandiveddikulam in Kilinochchi. The armed forces took over the three targets after the attacks, said the Media Centre for National Security (MCNS). Confrontations took place between the LTTE and the Military forces throughout Friday in Vavuniya, Kilinochchi and Welioya.

Agreements with BOI

The Board of Investment (BOI) entered into agreements with Eagle Power and Ithopa Super Trust. Small scale power projects will be set up and seed potato cultivation will also be undertaken. The hydro power project carried out by Eagle Power (Pvt) Limited will set up three small scale power plants at Maduru Oya, Sudu Ganga and Kala Wewa.