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Sri Lanka`s Broadband Internet users seen at 4 milion in 4 years
Sunday, 1 August 2010 - 12:30 PM SL Time

Telecom and IT have driven growth in Sri Lanka, even during the war years with latest estimates of the broadband Internet market seeing it expanding to 4.3 million users in the next four year from around 330,000 now, according to a research study.

According to the report on the Sri Lankan telecom industry by US-based Proactiveinvestors, a financial news and analysis provider, the broadband Internet market in Sri Lanka, though in its infancy with very low penetration levels, has the available technology which is on par with most developed nations, ranging from ADSL fixed wire-line services to Wi-Max fixed wireless broadband access, GPRS mobile telephony Internet to HSPA mobile broadband Internet connectivity.
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British Gov`t prepared for arrival of Sri Lankan migrant ship
Saturday, 31 July 2010 - 10:51 AM SL Time

`We`ve been tracking this vessel for some time,` Defence Minister Peter MacKay said. `We`ll have ships in Canadian waters as they approach, and then an assessment will be done with information we currently hold and anything we`ll be able to garner from direct contact.`

Health Canada will also be prepared to deal with any passengers who are sick after potentially spending months at sea, MacKay added.

Few details about the ship and its passengers have been revealed, though reports suggest it is carrying men, women and children from Sri Lanka.
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Latest News Headlines

Dengue: Sri Lanka in emergency call to WHO & Thais for Dextran plasma shots

As the Dengue threat continued unabated, Sri Lanka has now sent an urgent assistance call to Colombo-WHO asking for support to face the onslaught. Health Minister M.Sirisena on Wednesday has called Colombo s World Health Org s rep Dr. Firdausi ...
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Japan ready for talks with Lanka on FTA

The Japan ese government is prepared to engage in necessary consultations with Sri Lanka on signing a free trade agreement, the Economy, Trade and Industry Minister Masayuki Naoshima said. In keeping with the policy of Prime Minister Nao...
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Major part of Tamil Diaspora willing to help development of Sri Lanka`s North and East, government says

A major part of the Tamil Diaspora is happy with the government`s measures to improve the living standards of the Tamil people in the Northern and Eastern Provinces after the war and willing to support the government, the government spokesman said t...
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UNP suspends Abdul Cader from Working Committee * For voting with a SL Govt. on Emergency, Budget

The UNP yesterday, informed Kandy District MP Abdul Cader that he has been suspended from the Working Committee for voting with the government on two specific occasions in direct contravention of party decisions. Senior Vice President of the UN...
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White flag case indictment handed over to the SL Rtd. General

When the case against Gen. Fonseka on the white flag story purportedly related to Fredrica Janz of the Sunday Leader newspaper by the accused Fonseka was taken for trial today (29) in the High Court 01 before the three judge panel , the Deputy Solic...
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JKH posts Rs 1.53 b profit in Q1

John Keells Holdings PLC recorded a profit before tax (PBT) of Rs 1.53 billion for the first quarter ended June 30, 2010. This reflects an increase of 60 percent compared to the Rs 959 million in the corresponding period in the previous year. T...
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Most Recent News Discussions
Sri Lanka`s Broadband Internet users seen at 4 milion in 4 years (23)

British Gov`t prepared for arrival of Sri Lankan migrant ship (306)

A shocking attack (9)

Dengue: Sri Lanka in emergency call to WHO & Thais for Dextran plasma shots (2)

UNP suspends Abdul Cader from Working Committee * For voting with a SL Govt. on Emergency, Budget (4)

Sri Lanka`s Export sector records 10 percent growth (6)

KP speaks out - Tamil Diaspora ready to work with President (551)

White flag case indictment handed over to the SL Rtd. General (3)

Sri Lanka s Ambassador to Israel Donald clarifies after uproar (25)

The two accused who passed information to LTTE for Mangala s assassination given 11 years jail sentence each (21)

More News Discussions

Recent Headline News

KP speaks out - Tamil Diaspora ready to work with President
Thursday, 29 July 2010 - 10:20 PM SL Time
Prabhakaran s successor, T. S. Pathmanathan or simply KP as he is better known has thrown his weight behind Sri Lanka s post-LTTE efforts to restore peace in the Northern and Eastern provinces.

In an exclusive interview with The Island in Colombo yesterday, Pathmanathan, former confidant of the slain LTTE leader Velupillai Prabhakaran and the outfit s main arms procurer, discussed a wide range of issues, including his capture last August, breakdown of various attempts to negotiate peace and a desperate bid to thwart annihilation of the LTTE s military leadership in May 2009.
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Tamil prisoners attacked in Colombo remand prison
Tuesday, 27 July 2010 - 7:25 PM SL Time
United National Party (UNP) Jaffna district parliamentarian Ms. Vijyakala Maheswaran Monday requested Sri Lanka government to launch an inquiry into the attack on Tamil prisoners in Colombo remand prison on Saturday. The Tamil prisoners were attacked when they complained to the prison authorities that they were being detained in overcrowded cells in the prison, sources in Colombo said.
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Undergrad s funeral amidst tight security in Sri Lanka
Monday, 26 July 2010 - 11:31 PM SL Time
The funeral of Susantha Bandara was held yesterday at the Harilagama Public Cemetery in Buttala amidst a large number of students from the Ruhunu University.

A large number of policemen were deployed in the area and the security had been tightened throughout the funeral.

Meanwhile, the police said it was looking to arrest a student named Bassa who was a colleague of the victim and allegedly to be behind the assault, the police said.

The CID teams are looking for him as he was not found at his Welimada residence.
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   More Headline News


Security Security Forum 

Dengue: Sri Lanka in emergency call to WHO & Thais for Dextran plasma shots
Saturday, 31 July 2010 - 9:44 AM SL Time
As the Dengue threat continued unabated, Sri Lanka has now sent an urgent assistance call to Colombo-WHO asking for support to face the onslaught.

Health Minister M.Sirisena on Wednesday has called Colombo s World Health Org s rep Dr. Firdausi Rustom Mehta to bring in the plasma strengthening shots called as Dextran plasma expander from Thailand within the next three weeks for the worst affected victims.

On his part, Dr. Mehta too has thrown his full support behind the initiative, even going to the extent of hurling WHO funds to procure the needed intravenous injections.
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Japan ready for talks with Lanka on FTA
Saturday, 31 July 2010 - 9:41 AM SL Time
The Japanese government is prepared to engage in necessary consultations with Sri Lanka on signing a free trade agreement, the Economy, Trade and Industry Minister Masayuki Naoshima said.



In keeping with the policy of Prime Minister Naoto Kan s administration, the Government of Japan will be prepared to engage in the necessary consultations with regard to a Free Trade Agreement between Sri Lanka and Japan, Mr. Masayuki Naoshima, Japan s Minister of Economy, Trade and Industry said in Tokyo.
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Major part of Tamil Diaspora willing to help development of Sri Lanka`s North and East, government says
Friday, 30 July 2010 - 11:39 AM SL Time
A major part of the Tamil Diaspora is happy with the government`s measures to improve the living standards of the Tamil people in the Northern and Eastern Provinces after the war and willing to support the government, the government spokesman said today.

Addressing the media today, government spokesman Media and Information Minister Keheliya Rambukwella said the Tamil Diaspora is now divided into two groups and the people who were forced to help terrorist activities financially are now willing to contribute to the welfare of their fellow Tamils in the North and East.
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Politics Political News Forum 

UNP suspends Abdul Cader from Working Committee * For voting with a SL Govt. on Emergency, Budget
Saturday, 31 July 2010 - 9:58 AM SL Time
The UNP yesterday, informed Kandy District MP Abdul Cader that he has been suspended from the Working Committee for voting with the government on two specific occasions in direct contravention of party decisions.

Senior Vice President of the UNP, John Ameratunga told The Island that the decision to suspend Cader for voting with the government on the Extension of the Emergency and the Budget, was taken at the last Working Committee Meeting and communicated to him yesterday.
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White flag case indictment handed over to the SL Rtd. General
Friday, 30 July 2010 - 11:12 AM SL Time
When the case against Gen. Fonseka on the white flag story purportedly related to Fredrica Janz of the Sunday Leader newspaper by the accused Fonseka was taken for trial today (29) in the High Court 01 before the three judge panel , the Deputy Solicitor General Navaratne Bandara who appeared on behalf of the Attorney General (AG) handed over the indictment to Gen. Fonseka.

The indictment which was handed over before the three judges , Deepali Wijesundara, P B Warawewa and Razeen was supported by three cassettes containing speeches of Gen. Fonseka made during the Presidential elections to the electronic media as evidence. The Senior Attorney at Law Nalin Ladhuhetti appearing for Fonseka pointed out to Court that a copy of the notes of Fredirica Janz from her notebook had not been submitted with the schedule of evidence handed over , whereupon the Court ordered the relevant copy of the notes to be forwarded to Court.
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More power in November Supply to reach 3,000 MW by 2012: Norochcholai Phase I gives 300 MW:
Friday, 30 July 2010 - 10:53 AM SL Time
The national power grid would be enriched by a further 300 MW (over 12 percent of the existing capacity) in November, courtesy the Norochcholai Coal Power plant, according to Mass Media and Communications Minister Keheliya Rambukwella.
The first phase of the Norochcholai Power Plant is to be completed in the first week of November with the coal firing being scheduled to begin in the last week of the same month. Minister Rambukwella announcing the Cabinet decisions, yesterday said that taking into consideration the fluctuating coal price index, Cabinet had granted approval to a recommendation made by Power and Energy Minister Patali Champika Ranawaka, to issue a Government guarantee on behalf of Lanka Coal Company (LCC) enabling LCC to open a letter of credit to the value of Rs 1 billion. It was noted that the construction of Phase 1 (300 MW) of the coal fired power plant at Norochcholai is nearing completion and it is necessary to deliver the first coal shipment in the first week of November 2010 to the sight as the coal firing is scheduled to the last week of November 2010.
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Business / Economy News Business News Forum 

JKH posts Rs 1.53 b profit in Q1
Saturday, 31 July 2010 - 9:51 AM SL Time
John Keells Holdings PLC recorded a profit before tax (PBT) of Rs 1.53 billion for the first quarter ended June 30, 2010. This reflects an increase of 60 percent compared to the Rs 959 million in the corresponding period in the previous year.

The profits attributable to equity holders for the first quarter, ended June 30, 2010 of Rs 1.01 billion, reflects an increase of 55 percent compared to the corresponding period in the previous year.

John Keells Holdings Chairman Susantha Ratnayake said revenue for the first quarter ended June 30, 2010 was Rs 12.92 billion,an increase of 28 percent over the corresponding period in the previous year. Transportation profit before tax (PBT) for the first quarter increased by 52 percent to Rs 802 million compared to the same period last year (2009/10Q1:Rs 529 million). All the businesses in this segment showed an improved performance.
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Sri Lanka`s Export sector records 10 percent growth
Friday, 30 July 2010 - 9:58 AM SL Time
The country s export sector recorded significant growth due to the favourable global economic environment. The first four months recorded a 10 percent growth of US $ 2.7 billion. However the apparel sector recorded a 11 percent negative growth.

The global economy grew by three percent and the consumer demand is catching up as the world trade recorded 10 percent growth. The emerging economies will drive the world economic growth and Sri Lanka needs to have a demand driven marketing strategy to reach US $ 8 billion by the end of this year, Exporters Association of Sri Lanka Chairperson Nirmalie Samarathunga said.
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Hemas earnings top Rs 291 million in Q2
Thursday, 29 July 2010 - 10:09 AM SL Time
Hemas Holdings Plc consolidated revenues have increased by 14 percent to Rs 4.3bn and net earnings have increased by an impressive 61 percent to close at Rs 291mn for the quarter ended June 30,2010.

Chief Executive Officer Hemas Holdings Plc Husein Esufally said revenue growth was driven by the pharmaceuticals business, hospitals and leisure, whilst growth in net earnings are largely attributable to power and pharmaceuticals, and the reduction of losses at hospitals.

FMCG sector revenues grew by 6 percent during the quarter to report a turnover of Rs 1.4Bn. Despite the slow start, we anticipate a higher growth in sales volumes in the coming quarters. Net profits declined 5 percent to Rs 166Mn, mainly due to increased marketing investments.
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Editorial News Editorial News Forum 

A shocking attack
Saturday, 31 July 2010 - 9:50 AM SL Time
It is with shock and dismay that we note the dastardly attack on the Siyatha TV and Radio stations in the wee hours of yesterday. What is more shocking is the ease with which the attackers carried out their operation and got away in a heavily guarded city teeming with so many checkpoints and military and police personnel. According to eyewitnesses, six unidentified armed persons came in two cars and mounted the attack with no resistance from the unarmed security guards.

The police are reported to have launched an investigation but it is sure to draw a blank in the end, if our experience with police probes into attacks on the media is anything to go by. Whenever goons descend on a media organisation or journalists, the knee-jerk reaction of the police is to deploy several `special teams`, give press conferences and pretend to be busy with investigations until some other issue crops up and distracts the public. Thereafter, the probe is abandoned. That is the name of the game! This we have seen happen on many occasions in the past. The police have, over the years, mastered the art of probing without probing!
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Flames of despondency
Thursday, 29 July 2010 - 9:57 AM SL Time
Rienzie Algama`s tragic death opposite the UNP Headquarters, Sirikotha, on Monday is a riddle wrapped in a puzzle. Different people are giving it different interpretations and many claim to have known him very intimately and been privy to his thoughts on what was going on in the party. Whatever the truth may be, the UNP`s official position is that Rienzie took his life as he was disgusted with his party`s internal dispute.

It is reported that Rienzie was a cousin of Gen. Lucky Algama, who died in an LTTE attack on a propaganda meeting in support of UNP leader Ranil Wickremesinghe`s presidential bid in 1999. Gen. Algama was killed by a suicide bomber and his cousin committed suicide. It may be argued that former`s assassination, far-fetched as it may seem, was one of the reasons why the latter had to set himself ablaze about eleven years later.
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Universities and monsters
Wednesday, 28 July 2010 - 9:45 AM SL Time
The police and the JVP have locked horns pun intended over the death of a university student following a recent clash on the Ruhunu campus. Both parties pretend to be incapable of committing murder!

IGP Mahinda Balasuriya says something in the morning and contradicts it in the afternoon after having forty winks in his seat. The JVP uses IGP`s contradictory statements to bolster its claim that the police were responsible for the student`s death. The victim`s mother has muddied the water further by making some statements that are as obfuscating as the IGP`s and the JVP`s.
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Sports News Sports News Forum 

Second Test a dull draw
Saturday, 31 July 2010 - 9:47 AM SL Time
With nearly 1500 runs scored and only 17 wickets falling on a pitch tailor made for the batsmen, the second Test match between Sri Lanka and India at the SSC ground ended in a dull draw.

Sri Lanka declared their innings with the score on 129 for 3 wickets and the match was called off by both Captains with 15 overs left in the days play.

The last session of the day provided some assistance for the spinners which otherwise proved to be a bowlers grave yard.
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Death of former All Ceylon Captain
Friday, 30 July 2010 - 9:55 AM SL Time
Sri Lanka Cricket announces with deep sorrow the demise of former All Ceylon Captain C.I. Gunasekera.

His funeral took place at the Jawatte cemetery for burial at 3.30 pm yesterday.

Conroy Ivers Gunasekera was born on July 14 1920. CI as he was popularly known was a right hand batsman and bowled right arm leg break and googlies.

He captained Ceylon and played in 20 first class matches. The late CI scored 1131 runs with a highest score of 212, which also included 2 centuries and four fifties. Gunasekera took 53 wickets in 20 first class matches with the best bowling figure of 8 for 69. CI has recorded two five wicket and two ten wicket hauls.
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Media cannot influence me - Murali
Thursday, 29 July 2010 - 9:57 AM SL Time
Keeping me out of one match in the Asia Cup tournament was not the reason for me to retire as some prominent private print and electronic media reported, but they can never influence me in my decision making by publishing these kind of bogus stories, said spin wizard Mutthiah Muralitharan during an exclusive interview conducted by the Daily News.

When the question was posed as to whether he will go in for coaching responded in the negative by saying I have no plans of going in to coaching as I want to spend more time with my family and manage my family business. He also added Sometimes great players are not good coaches and I don t think that I would become a good coach.
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