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Muzammil nominated for high commissioner post
Tuesday, 23 August 2016 - 1:36 AM SL Time

Former Mayor of Colombo, A J M Muzammil has been nominated for the post of Sri Lankan High Commissioner to Malaysia, informed sources said yesterday. Mr Muzammil, when contacted by Daily Mirror, confirmed that he had been nominated for the post. He said his name had been sent to the High Posts Committee in Parliament for approval. However, he said he would claim his due place at the next local government elections and would contest for a seat in the Colombo Municipal Council (CMC). I am hoping to claim a slot on the UNP list for the CMC, but I will leave it to the party to make the final decision, he said.( - See more at: http://www.dailymirror.lk/114487/Muzammil-nominated-for-high-commissioner-post#sthash.dtLr4qNr.dpuf
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Sri Lanka keen to build a team for the future
Sunday, 21 August 2016 - 1:39 AM SL Time

In high spirits after the unexpected 3-0 whitewash in Tests, Sri Lanka wish to find similar joy in the one-day format, but are also looking well beyond the series at hand. Coach Graham Ford has repeatedly said Sri Lanka are on the hunt for long-term players. Ahead of the first ODI, Angelo Mathews echoed those sentiments, as he prepares to lead another relatively youthful XI.

`Our long-term goal is the 2019 World Cup, but we`ll try and take it series by series,` he said. `Winning is important, but trying to build up a team is also important - so we`ll try and strike a balance in that. We`ve got a very good mixture of experience and youth in the team. Most of them are newcomers - the likes of Dhananjaya de Silva and Kusal Mendis. Except for a few players who have played 50-60 games, it is a very exciting time for us.`
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Latest News Headlines

Lankan sexually assaults 6-yr-old girl in Jerusalem

A Sri Lanka expat worker in Jerusalem, Israel has been charged for sexually assaulting a 6-year-old girl in a home he was hired to clean, Israel National News reported on Monday. The 46-year-old worker was working illegally as a house cleaner despit...
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One killed by wild elephant, three escape

A 60-year-old man was killed by a wild elephant in a chena in Sooriyawewa in Embilipitiya this evening, police said. They said the elephant had attacked four people while they were clearing a forest area for the chena. One man was killed and the oth...
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Drug kingpin arrested in Colombo

An alleged drug kingpin and one of his accomplices were arrested with 1.5 kilogrammes of heroin at Wellawatte this evening by Police Narcotics Bureau officers, Police said. They said the drug dealer was identified as 40-year-old Nawaz from Negombo w...
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Separate institute to administer Hambantota Port Industry Park

The Government has decided to set up a separate institute to administer the work of the proposed Hambantota Port Industry Park, Prime Minister Ranil Wickremesinghe said in Parliament today. He said this in response to a question asked by JVP MP Bima...
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JVP too wants President to reveal secrets

President Maithripala Sirisena should reveal what he knows about his rivals now instead of threatening to do so when a new political party is formed by them, the Janatha Vimukthi Peramuna (JVP) said today. Whatever secrets President Sirisena knows a...
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Govt. borrowings for development at saturation point NDB to help out

`The government can no longer borrow funds from any source for development projects as borrowings have reached the saturation point. Therefore, investment banks could play a catalyst role in bringing private funds into the country for future develop...
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Most Recent News Discussions
Muzammil nominated for high commissioner post (156)

Sri Lanka keen to build a team for the future (267)

Funds allocated for Hambantota to be used for Hyatt Colombo (264)

Indian envoy rebuts Sri Lankan contention that India is a creation of the British (185)

Tea earnings plummet in Sri Lanka (155)

US report says BBS continued to promote supremacy of Buddhists (168)

More News Discussions

Recent Headline News

Funds allocated for Hambantota to be used for Hyatt Colombo
Thursday, 18 August 2016 - 3:31 AM SL Time
The Government has decided to utilise the funds allocated for the proposed Hyatt Regency in Hambantota to complete the construction of the Grand Hyatt Colombo Hotel.

A sum of Rs. 18.5 billion was invested by the Sri Lanka Insurance Corporation, the Employees Provident Fund and Litro Gas Lanka Ltd in the equity of Canwill Holdings (Pvt) Ltd for the purpose of construction of Grand Hyatt Colombo Hotel through its fully owned subsidiary Sinolanka Hotels and Spa Pvt Ltd and the constructions commenced in 2012.
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Indian envoy rebuts Sri Lankan contention that India is a creation of the British
Tuesday, 16 August 2016 - 4:30 AM SL Time
The Indian High Commissioner in Sri Lanka ,Y.K.Sinha, has rebutted the contention of some Sri Lankan opinion makers that India has never been a single nation and that the India of today is nothing but a creation of British colonialists.

Addressing a gathering of Indians and Sri Lankans at India House here on Monday on the occasion of India s 69 th.Independence Day, Sinha said that while India may be a new modern nation state , it is by no means a new country .
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Tea earnings plummet in Sri Lanka
Saturday, 13 August 2016 - 4:39 PM SL Time
Earnings from tea exportation are expected to see a sharp drop of nearly Rs 40 billion this year owing to adverse weather patterns, the ban on certain widely used weedicides and the lack of quality fertilizer.

Sri Lanka had earned a revenue of USD 1.34 billion through tea exportation last year. However, experts pointed out that productivity had dropped by 15% already this year and would drop further by December this year.

Chairman, Planters Association of Ceylon (PAC), Roshan Rajadurai told Nation that the heavy drought during the initial part of the year and the heavy showers and landslides which followed in quick succession had severely affected Sri Lanka s tea productivity this year.
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   More Headline News


Security Security Forum 

Lankan sexually assaults 6-yr-old girl in Jerusalem
Wednesday, 24 August 2016 - 11:16 AM SL Time
A Sri Lanka expat worker in Jerusalem, Israel has been charged for sexually assaulting a 6-year-old girl in a home he was hired to clean, Israel National News reported on Monday. The 46-year-old worker was working illegally as a house cleaner despite a work visa which limited him to serve as a caretaker. According to the indictment filed against the suspect, he had worked in the home for about three years. Investigators said the man had performed indecent acts on the family s 6-year old daughter on August 11, while her mothers_day.jsp' class=black>mother slept in a nearby room. However, the girl had escaped from him and run to her mother, at which point the suspect fled the building. Full Story     Post Reply To This

One killed by wild elephant, three escape
Wednesday, 24 August 2016 - 11:12 AM SL Time
A 60-year-old man was killed by a wild elephant in a chena in Sooriyawewa in Embilipitiya this evening, police said. They said the elephant had attacked four people while they were clearing a forest area for the chena. One man was killed and the others had run and climbed on to a tree nearby. The Sooriyawewa Police and the Hambantota Wildlife officers are conducting investigations. Full Story     Post Reply To This

Drug kingpin arrested in Colombo
Tuesday, 23 August 2016 - 10:23 AM SL Time
An alleged drug kingpin and one of his accomplices were arrested with 1.5 kilogrammes of heroin at Wellawatte this evening by Police Narcotics Bureau officers, Police said. They said the drug dealer was identified as 40-year-old Nawaz from Negombo who was the brother of a famous drug dealer Feroz who was killed by STF. His accomplice was identified as a 23 year-old man from Jaffna. Further investigations revealed that Nawaz used to work with drug kingpins Mohammed Siddique, Wele Suda, Matara Madush and Podi Sudu. They were arrested around 4 pm on Fernando Road in Wellawatte while riding a motor bike. The arrest was made after questioning a person who was arrested at Wennawatte in Wellampitya with 25 grams of heroin. The suspect used to bring youths who sought jobs from Jaffna to distribute heroin in Colombo. One suspect is to be produced at the Hulftsdorp magistrates court and the other at the Mount Lavinia court tomorrow. Investigations were carried out by a team led by Sub Police Inspector Gayantha under the instructions of Police Narcotic Investigations Bureau Inspector M. Rangajeewa. Full Story     Post Reply To This


Politics Political News Forum 

Separate institute to administer Hambantota Port Industry Park
Wednesday, 24 August 2016 - 11:19 AM SL Time
The Government has decided to set up a separate institute to administer the work of the proposed Hambantota Port Industry Park, Prime Minister Ranil Wickremesinghe said in Parliament today. He said this in response to a question asked by JVP MP Bimal Ratnayake. The Prime Minister also said the proposed institute would liaise with the Board of Investment. The Prime Minister said apart from Chinese companies, investors from other countries would also be invited to participate. Full Story     Post Reply To This

JVP too wants President to reveal secrets
Tuesday, 23 August 2016 - 10:28 AM SL Time
President Maithripala Sirisena should reveal what he knows about his rivals now instead of threatening to do so when a new political party is formed by them, the Janatha Vimukthi Peramuna (JVP) said today. Whatever secrets President Sirisena knows about are not personal disputes between his family and that of the Rajapaksas or some personal matter. These are obviously things which the people of this country know about. Therefore the President should reveal these secrets now, JVP leader Anura Kumara Dissanayake said responding to the statement made by the President at the Matara rally recently. He threatened to reveal the secrets if the joint opposition formed a separate party. The President should not keep such secrets to be disclosed only when his party is threatened, Mr Dissanayake said. Full Story     Post Reply To This

Financial City: JVP asks why build on reclaimed land
Tuesday, 23 August 2016 - 10:26 AM SL Time
The Janatha Vimukthi Peramuna (JVP) today asked why the proposed Financial City could not be constructed inland instead of building it on land reclaimed from the sea. JVP Leader Anura Kumara Dissanayake told a media briefing that finding a block of land for this project in Colombo would not be that difficult. There are enough spacious lands in the Colombo City to build the Financial City without doing so on land reclaimed from the sea and causing an environmental hazard, he said. Mr. Dissanayake said the coastal belt extending through Wellawatte, Mount Lavinia and Moratuwa would be severely affected by sea erosion resulting from reclaiming land from the sea. All hotels along this coastal belt will be destroyed in time to come, he said. Full Story     Post Reply To This


Business / Economy News Business News Forum 

Govt. borrowings for development at saturation point NDB to help out
Wednesday, 24 August 2016 - 10:52 AM SL Time
`The government can no longer borrow funds from any source for development projects as borrowings have reached the saturation point. Therefore, investment banks could play a catalyst role in bringing private funds into the country for future development projects, CEO, Investment Banking Cluster NDB Capital Holdings Vajira Kulatilaka said.

`At present, government debt to GDP is 75 percent and it can no longer borrow capital/funds for future development projects. Therefore, we as a private company could act as major intermediary to bring foreign equity/funds for major infrastructure projects in the country, Kulatilaka told The Island Financial Review in an exclusive interview.
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CSE seen as consolidating as local and foreign interest in stocks renews
Tuesday, 23 August 2016 - 10:00 AM SL Time
`The Colombo Stock Exchange (CSE) seems to be consolidating its position as investors are making profits out of their investments in Sri Lanka. Therefore, this positive trend will continue with an increase in foreign investors in the market in the future, Condor Equities Marketing Manager Buddhika Payoe said.

`At present the market is moving well and we will have a lot of hope in the future because local and foreign investor sentiment is on a positive trend. However, yesterday the market turnover reached Rs 644 million and the all share price index was down by 5 points while the Milanka Price Index went up by two points, Payoe told The island Financial Review.
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NDB `growing well` and poised to set-up nine new branches
Monday, 22 August 2016 - 10:06 AM SL Time
NDB`s Director/CEO Rajendra Theagarajah told an investor forum of the bank recently that NDB is now growing well and poised to set up nine new branches this year.

He said during the first six months to June, general provisions were made on a prudent policy as loans grew fast over the past year.

Fitch Ratings has downgraded National Development Bank PLC`s (NDB) National Long-Term Rating to `A+(lka)` from `AA-(lka), its sources said.

Further, profits of NDB fell 6.8 percent from a year earlier to Rs 535 million in the June 2016 quarter amid higher loan loss provisions and rising interest rates, interim accounts show.The Group reported earnings of Rs 3.24 per share for the quarter.
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Editorial News Editorial News Forum 

Children crying for justice
Wednesday, 24 August 2016 - 10:51 AM SL Time
We front-paged, on Tuesday, a picture of a child in tears among some crestfallen Grade Five Scholarship Examination (GFSE) candidates and their irate parents protesting against a serious lapse on the part of the invigilators at an examination centre. Those hapless students are reported to have lost 20 minutes of the time allocated for answering the question paper as they were not given proper instructions. It is only natural that their parents were fit to be tied.

The GFSE causes immense suffering to the young candidates and their parents alike as is common knowledge. It takes years of hard work for students to score enough marks to enter schools of their choice. Failing that examination is something they cannot come to terms with so easily. There have been instances where unsuccessful candidates even underwent cruel punishment at the hands of their frustrated parents. But, we have the main political parties boasting of their contribution to the development of the education sector!
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Foremost place for Buddhism
Tuesday, 23 August 2016 - 9:59 AM SL Time
The government continues to draw heavy flak from its critics for an alleged attempt to do away with the constitutional provision (Article 9) which gives the foremost place to Buddhism when it formulates a new Constitution. Ruling politicians insist that there is no such move and their detractors are on a sinister campaign to propagate a diabolical lie for political reasons. Cabinet Spokesman and Minister Gayantha Karunathilake told the media on Sunday that Buddhism would continue to be given the foremost place in spite of claims being made by the critics of the government.
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What s up President s sleeve?
Monday, 22 August 2016 - 10:05 AM SL Time
President Maithripala Sirisena has a remarkable ability to stay composed and calm in times of trouble. Else, he would have incurred the wrath of the Rajapaksas while he was a minister in their government and got booted out.

But, last Friday President Sirisena could not maintain his composure in Matara, where the government celebrated its first anniversary. He failed to be different from other orators who let out streams of invectives against their political rivals. Warning the SLFP dissidents against forming a new political party he threatened to reveal it all in such an eventuality. A visibly irate President vowed to disclose some secrets about them and ruin their future!
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Sports News Sports News Forum 

Chandimal closes in on new Sri Lankan record
Wednesday, 24 August 2016 - 10:53 AM SL Time
All eyes will be on star batsman Dinesh Chandimal, who is on the verge of creating a new Sri Lankan record during today s second One Day International against Australia at R. Premadasa Stadium. The Sri Lankan vice-captain has now hit five consecutive half-centuries in ODIs and a 50 against World Champions today will take him to a territory where no Sri Lankan had been before.
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Aussies slam poor R. Premadasa wicket
Tuesday, 23 August 2016 - 10:01 AM SL Time
Australian opener Aaron Finch slammed the pitch used for the first ODI at the R. Premadasa Stadium on Sunday despite the tourists recording a three wicket win over a Sri Lankan side that contained several spin options.

Following Australia s humiliating defeat in the Test series, where they were whitewashed 3-0, Finch gave Australia the edge with a swashbuckling half-century. Skipper Steven Smith too hit a fifty as Australai won with 19 deliveries to spare. Finch hit 56 off 46 deliveries with seven fours and two sixes.
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Australia beat Sri Lanka in first ODI
Monday, 22 August 2016 - 10:11 AM SL Time
Australia beat Sri Lanka by three wickets in the first One Day International played at the R. Premadasa Stadium today, chasing a target of 228. Australia Captain Steven Smith scored 58 while Aaron Finch secured 56 off 46 balls. Dilruwan Perera took 3 for 48 while Lakshan Sandakan took 2 for 33 in five overs. Full Story     Post Reply To This



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