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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

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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Srilankan Pilot`s Licence Suspended..

The licence of the pilot - who was to operate the SriLankan flight from Frankfurt to Colombo on Friday and caused a delay after failing a breathalyzer test - was suspended with immediate effect by the Civil Aviation Authority today. In a letter to t...
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Bombing at wedding kills at least 30 in Turkey

A bomb attack targeting an outdoor wedding party in southeastern Turkey killed at least 30 people and wounded 94 others, the Turkey authorities said Sunday. Deputy Prime Minister Mehmet Simsek said the barbaric attack in the city of Gaziantep, near ...
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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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Financial City: JVP asks why build on reclaimed land

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 ...
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CSE seen as consolidating as local and foreign interest in stocks renews

`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 ...
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Most Recent News Discussions
Muzammil nominated for high commissioner post (102)

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 

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

Srilankan Pilot`s Licence Suspended..
Tuesday, 23 August 2016 - 10:04 AM SL Time
The licence of the pilot - who was to operate the SriLankan flight from Frankfurt to Colombo on Friday and caused a delay after failing a breathalyzer test - was suspended with immediate effect by the Civil Aviation Authority today. In a letter to the pilot, informing about the suspension and calling for explanation, the Director General of Civil Aviation & Chief Executive Officer H M C Nimalsiri said, You are alleged to have contravened stipulations in the Implementing Standard-035 on the Prohibition of use of Alcohol or Psychoactive substances by personnel holding Licence, Ratings or Certificates, engaged in Safety and/or Security Sensitive relating to Civil Aviation. In view of the seriousness of the alleged violation on the published requirements relating to flight safety, the Airline Transport Pilot Licence number ATPL/A/267 issued to you, is hereby suspended with immediate effect under the powers vested in this office in terms of Air Navigation Regulations pending further investigations, the letter stated. The pilot was also instructed to show cause within seven (7) days as to why the licence shall not be revoked for the alleged violation. Earlier, SriLankan Airlines confirmed that one of its Captains who was due to operate UL554 Frankfurt to Colombo on Friday 19thAugust failed to pass a Breathalyzer, (alcohol test) carried out by the Authorities at Frankfurt Airport in Germany. Upon receiving the results SriLankan Airlines took immediate steps to suspend the services of the said captain and took alternative measures to operate the flight to Colombo. Full Story     Post Reply To This

Bombing at wedding kills at least 30 in Turkey
Monday, 22 August 2016 - 10:13 AM SL Time
A bomb attack targeting an outdoor wedding party in southeastern Turkey killed at least 30 people and wounded 94 others, the Turkey authorities said Sunday. Deputy Prime Minister Mehmet Simsek said the barbaric attack in the city of Gaziantep, near the border with Syria, on Saturday appeared to be a suicide bombing. Other officials said it could have been carried out by either Kurdish militants or Islamic State extremists. Photographs taken after the explosion showed several bodies covered with white sheets as a crowd gathered nearby. Early on Sunday, the Gaziantep governor s office raised the death toll to 30 from 22. It said the number of wounded remained at 94. Turkey has been rocked by a wave of attacks in the past year that have been claimed by Kurdish militants linked to the outlawed Kurdistan Workers Party known by its acronym, P.K.K. or have been attributed to the Islamic State, also known as ISIS or ISIL. In June, assailants suspected of being Islamic State militants attacked Istanbul s main airport with guns and bombs, killing more than 40 people. The attack on the wedding came as the country was still reeling from a failed coup attempt last month, which the government has accused Fethullah Gulen, a Muslim cleric based in the United States, and his followers of plotting. Earlier this week, a string of bombings blamed on the P.K.K. that targeted the police and soldiers killed at least a dozen people. A fragile peace between the group and the government collapsed last year, leading to a resumption of the three-decade conflict. In an interview with NTV television, Mr. Simsek called the bombing a barbaric attack and said multiple terrorist groups were targeting Turkey. God willing, we will overcome, he said. Mr. Simsek later went to Gaziantep along with the country s health minister to visit the wounded and see the site of the attack. This is a massacre of unprecedented cruelty and barbarism, he told reporters there. He said it was too soon to say who was behind the attack. Prime Minister Binali Yildirim condemned the bombing, saying it had turned a wedding party into a place of mourning. No matter what this treacherous terror organization is called, we as the people, the state, and the government will pursue our determined struggle against it, he said. A brief statement from the governor s office in Gaziantep said the bombing struck the wedding in the Sahinbey district at 10:50 p.m. The statement condemned the treacherous attack, but did not provide additional details. Mehmet Tascioglu, a local journalist, said on NTV television that a huge explosion could be heard in many parts of the city. In Gaziantep, the police sealed off the site of the attack and forensic teams began investigating. Hundreds of residents gathered near the site, chanting God is great as well as slogans denouncing terrorist attacks. Full Story     Post Reply To This


Politics Political News Forum 

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

Threats will only motivate us: MR
Tuesday, 23 August 2016 - 10:03 AM SL Time
The threats would only be directed to the formation of new parties, former president Mahinda Rajapaksa said yesterday. Addressing the 19th commemoration of All Island Samurdhi Development and Agricultural Research Production Assistant Officers Society, Mr. Rajapaksa said each and every person had the right to form political parties. No force can stop the formation of political parties. It is a normal procedure. There should be enough independence within the country to form new parties. Each person should have its independence to take decisions, he added. He said the threats would not affect such moves and they would only motivate somebody to form a new party. Political thinking of persons cannot be concealed by a threat or any other force. Taking into remand custody will also not affect some one s political life, he added. He said there were no president in the Sri Lankan history who made such a statement and only former president Ranasinghe Premadasa made such a statement in the latter period of his regime. He said he would not prefer to continue these discussions further as he has no concern for hatred and envy in his political life. Meanwhile, he said now the UNP and the SLFP had been combined under the Government s pretext to safeguard the democracy in the country. The UNP and SLFP have come to an agreement for two years to work together and now it has extended up to five years. Some politicians declare that they would rule the country in the same manner even after the five years, he added. He said the policies and the principles of these two parties were completely different. He also said if the Government had wished to use the current procedure even in the future, they would have to dissolve both the parties and form a new party. If not the SLPFers who are in favour of the UNP have to recruit in to it and the SLFP should be hand over to the ones who are in favour of it he added. Full Story     Post Reply To This


Business / Economy News Business News Forum 

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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CSE continuing to be buoyed by foreign investor interest
Friday, 19 August 2016 - 9:59 AM SL Time
The Colombo Stock Exchange (CSE) recorded a turnover of Rs 1.7 billion yesterday due to the continued increase in foreign investor interest, especially in blue-chip companies/counters, Manager Sales, Condor Equities, Buddhike Payoe told The Island Financial Review.

He said that high volumes of NDB, John Keells, Distilleries and Commercial Bank attracted the bulk of foreign investors. This marked excellent progress for the market to touch the total turnover of more than Rs 1.7 billion.
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Editorial News Editorial News Forum 

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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Eraj and yahapalana mirage
Saturday, 20 August 2016 - 10:12 AM SL Time
Sri Lankans fall for catchy slogans and attractive election promises hook, line and sinker and vote for crafty politicians who get and forget. The late J. R. Jayewardene promised to bring about a righteous society or dharmista samajayak, in 1977 and obtained a steamroller majority, which he abused in every conceivable manner. His dictatorial rule plunged the country into bloodbaths and institutionalised political violence. Corruption and election malpractice became rampant.
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Sports News Sports News Forum 

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

Sri Lanka name squad for first two ODIs
Saturday, 20 August 2016 - 1:29 PM SL Time
Eighteen-year-old Avishka Fernando and leg-spinner Amila Aponso have been included in the Sri Lanka 16-man Squad for the five-match ODI series against Australia starting on Sunday in Colombo. Avishka comes into the side on the back of some impressive performances in England where he scored back-to-back centuries against England Under-19 to lead Sri Lanka Under-19 to a 3-0 whitewash. Amila had a strong run with the Sri Lanka Development Squad in South Africa. Both cricketers are from St. Sebastian`s College, Moratuwa. Veteran opener T. M. Dilshan has also been recalled to play what will probably be his last ODI series for Sri Lanka. Also included are spinning all-rounder Milinda Siriwardana and fast-bowling all-rounder Thisara Perera who missed out the ODI series in England. Angelo Mathews will captain the squad. Suranga Lakmal and Nuwan Pradeep will spearhead the fast-bowling attack while the spin attack consists of Dilruwan Perera, Lakshan Sandakan and Seekkuge Prasanna. Dhananjaya de Silva who had a stellar run with the bat during the Test series has also been included as a batting all-rounder. (Champika Fernando) The Squad: Angelo Mathews (Captain) Thilakaratne Dilshan Danushka Gunathilaka Dinesh Chandimal Kusal Mendis Kusal Perera Dhananjaya de Silva Milinda Siriwardana Seekkuge Prasanna Dilruwan Perera Nuwan Pradeep Lakshan Sandakan Avishka Fernando Amila Aponso Thisara Perera Full Story     Post Reply To This



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