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Latest News HeadlinesFonseka Arrested By Military Police..The Military police last night arrested former army commander and defeated opposition presidential candidate, Gen (Retd) Sarath Fonseka , over his alleged involvement in a conspiracy to overthrow the government and assassinate the incumbent presi...
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Child Soldiers To Be Released SoonAll detained former Tamil Tiger child soldiers will be released by May, officials in Sri Lanka say. Head of the Child Protection Authority (CPA) Jagath Wellawatta told BBC Sandeshaya that the government is committed to hand over all forme...
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Window of opportunity still remains to retain Sri Lanka s GSP+Although the suspension of Sri Lanka s GSP+ facility, important especially to the garment export industry is due to be endorsed by European finance ministers in Brussels on Feb. 16, it will not be effective for a six month period, reports from Bruss...
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Sri Lanka Presidential election most free and fair - SBThe January 26 Presidential election is the most free and fair election held in Sri Lanka in recent times where there was no impersonation or stuffing of ballot boxes said Udunuwara SLFP Organiser and former Opposition Leader of the Central Provinci...
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UPFA in quandary over nominationsRuling party sources said that talks among constituent parties of the UPFA, on nominations for the upcoming parliamentary elections would be difficult, particularly in view of the breakaway faction of the JVP , the National Freedom Front, the Jathik...
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Hayleys records Rs 1.3 b profitThe Hayleys Group has achieved significant growth in profits at the end of the first nine months of 2009-10, with its businesses in global markets and manufacturing continuing their strong performance in the third quarter. In results released t...
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President`s Speech at the 62nd Independence Day in Sri Lanka Friday, 5 February 2010 - 9:04 PM SL Time President`s Speech at the 62nd Independence Day
Feb 4, 2010 Today we celebrate the anniversary of Independence after the liberation of the entire country from terrorist threat for the first time in 30 years. I am proud to proclaim that we are in a position to raise the flag of Sri Lanka with dignity in the entire country. In 1815, Variyapola Sumangala Thero hoisted our flag on this historic land after lowering the Union Jack. I wish to pay my respect to the venerable monks as well as the revered clergy of all religions for their dedication and commitment displayed to preserve this freedom.
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India gives $2.7 million worth material to war-hit Sri Lanka Wednesday, 3 February 2010 - 11:26 PM SL Time India on Wednesday handed over a consignment of galvanised corrugated sheets worth US$ 2.7 million to the government of Sri Lanka as part of its commitment to help Colombo in providing relief and re-settlement of the nearly three lakh war-displaced in the north and re-construction of the infrastructure badly damaged in the 26 year long military conflict which ended in May 2009.
In his comments at the ceremony, to mark the distribution of the first lot of the second consignment of 2,600 metric tonne of galvanised corrugated sheets among 20,000 families being resettled in Jaffna, Kilinochchi, Mullaithivu and Vavuniya districts in the Northern Province, the Indian High Commissioner to Sri Lanka Ashok K. Kantha said, We are with you as the closest friend and neighbour to help assist the conflict-displaced return to their normal lives.
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Rajapaksa s second term starts in November 2010: Supreme Court of Sri Lanka Tuesday, 2 February 2010 - 10:14 PM SL Time The Sri Lanka Supreme Court on Tuesday made a determination on the opinion sought by the re-elected President Mahinda Rajapaksa that his second term in office would commence on November 19, 2010. He is to take fresh of oath of office and secrecy within two weeks from the date his second innings begins.
In effect, this would mean that Mr. Rajapaksa who won the Presidential election held on Jan 26, by a massive majority of over 1.8 million votes against the former Army Commander and common opposition nominee, General (Retd.) Sarath Fonseka would get five of six years in his first term and six years commencing from November 2010 for the duration of his second tenure. The next Presidential election would be due on November 19, 2016.
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Fonseka Arrested By Military Police.. Tuesday, 9 February 2010 - 9:46 AM SL Time The Military police last night arrested former army commander and defeated opposition presidential candidate, Gen (Retd) Sarath Fonseka, over his alleged involvement in a conspiracy to overthrow the government and assassinate the incumbent president Mahinda Rajapaksa. Military spokesman Major General Prasad Samarasinghe and Director General of Media Center of National Security Lakshman Hulugalle last night said that the former army commander had been arrested by the military police and he would be produced before a military court of inquiry.
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Child Soldiers To Be Released Soon Monday, 8 February 2010 - 9:44 AM SL Time All detained former Tamil Tiger child soldiers will be released by May, officials in Sri Lanka say. Head of the Child Protection Authority (CPA) Jagath Wellawatta told BBC Sandeshaya that the government is committed to hand over all former child soldiers to parents and relatives after a one-year rehabilitation programme. Forty percent of the detained former LTTE cadres are children under the age of 18 years, according to the United Nations.
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Window of opportunity still remains to retain Sri Lanka s GSP+ Sunday, 7 February 2010 - 10:34 AM SL Time Although the suspension of Sri Lanka s GSP+ facility, important especially to the garment export industry is due to be endorsed by European finance ministers in Brussels on Feb. 16, it will not be effective for a six month period, reports from Brussels said. This is to give manufacturers and traders time to adjust to the new rules and also to give Colombo ``a fair opportunity to get the decision reversed, a Brussels datelined AFP report said.
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| Politics
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Sri Lanka Presidential election most free and fair - SB Tuesday, 9 February 2010 - 9:43 AM SL Time The January 26 Presidential election is the most free and fair election held in Sri Lanka in recent times where there was no impersonation or stuffing of ballot boxes said Udunuwara SLFP Organiser and former Opposition Leader of the Central Provincial Council S.B. Dissanayake. Dissanayake said so addressing a meeting of the Yatinuwara SLFP Central Organisation at Urapola Sri Abhayaraja Piriven Viharaya, Pilimatalawa.
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UPFA in quandary over nominations Monday, 8 February 2010 - 9:36 AM SL Time Ruling party sources said that talks among constituent parties of the UPFA, on nominations for the upcoming parliamentary elections would be difficult, particularly in view of the breakaway faction of the JVP, the National Freedom Front, the Jathika Hela Urumaya, UNP dissidents and several newcomers to parliamentary politics seeking the UPFA ticket.
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Elect politicians who love the country not lavish businessmen : Unite to develop the country Sunday, 7 February 2010 - 10:56 AM SL Time JHU Parliamentarian Ven. Athureliye Rathana Thera said the people in the North and the East provinces through the election results have given a strong message to the President that the Government should implement a program to win over the people in the North and the East. Ven. Rathana Thera in an exclusive interview with the Sunday Observer said the people in the North and the East have also requested the President to free them from the Tamil nationalism in the same way he rescued them from LTTE terrorism.
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| Business / Economy News
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Hayleys records Rs 1.3 b profit Tuesday, 9 February 2010 - 9:14 AM SL Time The Hayleys Group has achieved significant growth in profits at the end of the first nine months of 2009-10, with its businesses in global markets and manufacturing continuing their strong performance in the third quarter. In results released to the Colombo Stock Exchange, Hayleys PLC reported that profit after tax more than doubled to Rs 1.3 billion, and that profit attributable to shareholders increased four and a half times to Rs 832 million over the corresponding nine months of last year.
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Kelani Cables profits up Monday, 8 February 2010 - 9:22 AM SL Time Despite the global economic meltdown Kelani Cables PLC recorded a Rs. 164.3 million profit by the end of December 2009 compared to Rs. 21 million in 2008, Kelani Cables PLC Managing Director, Hemantha Perera told Daily News Business. Company will record a turnover of more than Rs. Three billion in the financial year of 2009-2010 while maintaining a growth rate of 15 percent, he said. There was no impact to our business from the global financial decline as the company engaged in various branding programs during that time, which eventually became a positive point for the company by the end of the year , he said.
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Tea Board sets 300m kg target this year Saturday, 6 February 2010 - 10:48 AM SL Time Sri Lanka Tea Board (SLTB) expects a target production of 300 million kilograms this year. It is optimistic about the performance of the industry. The industry expects a total revenue of US$ 1.2 billion by the end of this year, Sri Lanka Tea Board Chairman, Lalith Hettiarachchi told Daily News Business. He said that although the Board expected a target production of 300 million kgs last year, due to many reasons such as drought, low application of fertilizer and labour issues the industry could not meet its target. Therefore, the Board had to revise its targets between 290 to 295 million kgs. Even though there was a slight drop in the target total production last year, the total production recorded a 289.8 million kg despite the difficulties , he said.
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Lives reduced to cold statistics Tuesday, 9 February 2010 - 9:20 AM SL Time Political violence naturally disturbs us and the media are full of reports of threats and actual incidents of such atrocities. We are not short of people to take them up and stage protests. But, sadly, we have turned a blind eye to the danger posed by an insidious killer on the prowl preying as it does on innocent men, women and children almost daily. Drunk driving is the name of this monster at large. Minister Dinesh Gunawardena told Parliament on Friday, as we reported on Saturday, that drunkards behind the wheel had snuffed out 79 lives during the first nine months of last year. He revealed that 436 people had perished and 1,060 others had suffered either injury or disability at the hands of speed fiends during that period. This is ample proof of the danger that stalks our roads.
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An ass selective in kicking Monday, 8 February 2010 - 9:26 AM SL Time Former Army Chief and unsuccessful presidential candidate Gen. Sarath Fonseka has complained of a government move to frame him over the assassination of The Sunday Leader Editor Lasantha Wickrematunge. In what could be described as some strange quirk, he has told the newspaper Lasantha edited that an attempt is being made to forcibly obtain a confession from a brigadier in custody, who was close to him while he was the army chief.
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The election on the horizon Saturday, 6 February 2010 - 11:02 AM SL Time Parliament is expected to be dissolved anytime soon and polls will be held within weeks. The next general election will be of crucial importance. It is a worrisome proposition for the Opposition licking its wounds in the aftermath of a crushing electoral defeat the ruling coalition will find it a formidable challenge, having won the executive presidency for a second time. The Opposition will have to perform nothing short of a miracle to capture power in Parliament and the government faces the task of having not only to secure a comfortable majority in Parliament which is not likely to be a problem as such but also to live up to people`s expectations which President Mahinda Rajapaksa`s recent victory has raised staggeringly.
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| Sports News
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Sri Lankan athletes bag four Gold Medals Monday, 8 February 2010 - 9:20 AM SL Time Sri Lankan athletes had a field day bagging four Gold medals, one Silver and one Bronze on day two of the Athletics Event at Bangabandu National Stadium in Dhaka here on Sunday. Chandrika Subashini gave yet another splendid performance to win her second Gold medal in her pet event - 400 metres. She ran a superb race showing her class to return a time of 54.28 seconds. Her first Gold was in the 200 metres on Saturday.
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Mineka clinches a Gold in 50 metres Breast Stroke Saturday, 6 February 2010 - 10:45 AM SL Time Breast Stroke specialist Mineka Karunaratne rose to the occasion to win the first Gold in the swimming event of the 11th South Asian Games held at the Swimming Complex, Mihirpur. Mineka blessed with a good and proper start in the 50 metres Breast Stroke had a narrow lead from her closest rival Mahfuza Khatun of Bangladesh, but Mineka touched first clocking 35:15 seconds. She won the event in grand fashion improving her heats timing of 36:06. She swam in the Lane Four in the finals. A student of Colombo International School and national title holder Mineka was delighted with the victory. She told the Daily News that she was happy to win a Gold for Sri Lanka - her first in the South Asian Games (she swam in 2006 Colombo Games). But added that the timing should have been better to establish a new mark. I will go flat out to win the second Gold in my next event and also set a new record, she expressed.
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Sri Lanka carry away Twenty20 title Friday, 5 February 2010 - 11:01 AM SL Time Sri Lanka lifted the Four Nation Twenty20 title when they defeated Ireland by five wickets in their final match of the tournament worked off at the SSC ground in Maitland Place yesterday. Sri Lanka remained unbeaten throughout the tournament having earlier defeated Canada and Afghanistan respectively. However Ireland had the satisfaction of putting up a good batting performance as they hit up 174 for 6 from their 20 overs after having won the toss and elected to bat first.
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