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Predicted to beat all Asian economies except
China:
Record year ahead for Sri Lankan economy
Sri Lanka will have the fastest growing economy in 2012 after China,
predicts Capital Economics, a leading independent macroeconomic
research consultancy in a note distributed to investors yesterday.
“Capital Economics expects the Sri Lankan economy to grow eight
percent in 2012, making it the fastest growing economy in emerging
Asia after China,” the note prepared by Gareth Leather, Asia
economist at Capital Economics.
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LLRC reflects voice of all Lankans – Malcolm Cardinal Ranjith
Archbishop of Colombo Rev Malcolm Cardinal Ranjith on Thursday said
that the Report of the Lessons Learnt and Reconciliation Commission
(LLRC) reflects the voice of Sri Lankans who have suffered for
decades due to the ravages of conflict. “We have had the release of
the report of the LLRC which is our own organisation where our
people were members, where many people gave evidence from our own
country.
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Indiscipline in universities:
SB promises tough action
The agitations and protests in the universities, orchestrated by
extremist JVP elements, aim at nothing, but misleading and harassing
the university students, Higher Education Minister S.B. Dissanayaka
said. “The majority of students are well aware of the gimmicks and
ulterior motives of these JVP trouble makers. They are fighting a
loosing battle to retain their leadership in the student
organisations. Except in the Ruhuna and Peradeniya Universities,
they have lost their popularity and edge.
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Industrial exports record remarkable growth
Earnings from industrial exports increased by 33.5 percent to US$
5,313 million during the first eight months of 2011, led by textiles
and garments, rubber products, petroleum products and machinery and
equipment. This has facilitated Sri Lanka’s industrial exports to
achieve a remarkable performance during the first eight months of
2011.
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President Maithripala Sirisena is in Thailand making a three-day official visit and attending the second Asia Cooperation Dialogue Summit. The Dialogue Summit that brings together 34 nations in the Asian region takes place from October 8 -10 in Bangkok under the theme "One Asia, Diverse Strength".
Official level discussions have commenced between Sri Lanka and Iran on reviving trade agreements that were signed between the two countries and will be put into operation soon after ironing out technicalities, Minister of Industry and Commerce, Rishad Bathiudeen said. 
Pakistan on Friday (September 30) officially postponed the 19th SAARC Summit scheduled to be held in Islamabad on November 9 and 10. A new set of dates for holding the Summit will be announced soon through the Chair of SAARC (Nepal), reports said. 
Due to the prevailing drought, water levels of the main reservoirs have dropped to half its capacity, with authorities warning that drastic measures may need to be taken if water is to be continuously released from the reservoirs for power generation. 
To avert a possible dengue outbreak in the next three months, when the number of mosquito breeding sites are likely to surge with the monsoon rains, the Dengue Control Unit of the Health Ministry will launch an island-wide Dengue Control Week starting on Tuesday, September 27 to Monday, October 3.
Sir Richard Jolly, former Deputy Executive Director, UNICEF, and Special Adviser to the Administrator, United Nations Development Programme (1996 to 2000), and Principal Coordinator of the widely-acclaimed Human Development Report will deliver a lecture on, “Development: Can Sri Lanka be a model for implementing the Sustainable Development Goals (SGDs)?” on September 28 at 5 pm at the BMICH Committee Room D, on the invitation of the Gamani Corea Foundation. 
Richmondite Charith Asalanka joined the elite band of school cricketers by winning the coveted Schoolboy Cricketer Of The Year 2016 title for the second year in succession emulating the feats of former Sri Lankan greats Arjuna Ranatunga, 1980/82' ( Ananda) Roshan Mahanama, 1983/84'(Nalanda) Thilan Samaraweera 1994/95' ( Ananda) 'Lahiru Peiris 2004/2005 (St.Peter's) and Bhanuka Rajapaksa 2010'2011 (Royal) who had also won the award twice .
Cricketing legend and former Sri Lanka captain Mahela Jayawardene will grace the occasion at the 38th Observer-Mobitel Schoolboy Cricketer of the Year awards night scheduled to take place at the Galadari Hotel on September 20. 
Stern action will be taken against traders who sell sugar above the controlled price of Rs. 95. Instructions have been given to the relevant authorities to launch island-wide search operations, a press communique from the Minister of Finance Ravi Karunanayake said. 
Refuting speculations, Power and Renewable Energy Minister Ranjith Siyambalapitiya said, no decision has been taken to impose power cuts on account of the current dry spell in the country. 
