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Sunday, 26 August 2012

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President to address ACD Summit today

[October 09 2016]

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".

Sri Lanka, Iran revive trade agreements

[October 09 2016]

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.

SAARC summit put off

[October 02 2016]

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.

Reservoir water levels drop, authorities warn of drastic measures

[October 02 2016]

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.

Dengue Prevention Week

[September 25 2016]

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 to visit Sri Lanka

[September 25 2016]

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.

Charith joins elite band

[September 25 2016]

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 .

Mahela at Schoolboy Cricketer Awards

[September 18 2016]

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.

Errant sugar traders warned

[September 18 2016]

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.

No immediate power cuts

[September 18 2016]

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.

With plans under way for a network expansion, Sri Lanka’s second international airline Mihin Lanka took delivery of its latest brand new 210-seater Airbus A321 at the Bandaranaike International Airport yesterday. It was piloted
from the Airbus Industrie base in Toulouse by Mihin Lanka’s Chief Pilot Pujitha Jayakody. The airline, which has redefined the budget air travel sector with free meals on board and a free 20 Kg baggage allowance, will deploy this aircraft on a number of new routes including Madurai and Kathmandu. Pic: Airport correspondent Kumarasiri Prasad

FUTA’s demands ‘outrageous’

A leading economist and a senior lecturer at the Colombo University Dr. Lalithasiri Gunaruwan has dubbed the FUTA demands as ‘illogical, inappropriate and irrelevant’. The FUTA’s week-long-strike is continuing’. In a letter to the Arts Faculty Teachers’ Association (AFTA) and Federation of University Teachers Association (FUTA) Dr. Gunaruwan said that the demand for a fixed 6 percent allocation of the GDP for the education sector,

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President tells IGP:

No action will be taken against those vilifying him

President Mahinda Rajapaksa has stressed that he would not take any action against those vilifying and slandering him. President Rajapaksa has told the IGP that as a mature politician, there was no need for him to proceed with action against those who make false allegations and derogatory remarks against him at various public fora.

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Rs. 800 m for Batticaloa airport project

Construction work to develop the Batticaloa domestic airport will be initiated by President Mahinda Rajapaksa on September 3. The Government has decided to upgrade the airport following a proposal made in the 2012 Budget to develop the country’s domestic airports. The facelift is estimated to cost Rs. 800 million which includes the construction of a 1,700 metre runway, access roads,

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Sinking ship threatens marine life

The Disaster Management Centre (DMC) has warned fishermen, residents and marine officials along the coastal belt off the seas between Panadura and Negombo to be vigilant over the leaking furnace oil from the Cyprus ship which is sinking and added that if it goes ashore, a large man power would have to be deployed to remove it.

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Showers forecast

The Meteorology Department has forecast heavy showers in the Western, Sabaragamuwa, North Central, Eastern and Uva provinces and Galle and Matara districts. There will be showers in some areas accompanied by thunder and lightning and the wind velocity will be 60 kilometres per hour.

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:: Features		:: Finance
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