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BOI targets Tamil diaspora in USA, Canada:
Investors go for high-rise buildings in Jaffna
Several local and foreign investors have shown an interest in
infrastructure projects and are also keen on constructing high-rise
buildings in the Jaffna peninsula. These are for mixed development
projects where housing and offices would be combined.
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Equitable development islandwide - President
President Mahinda Rajapaksa declared yesterday that in his future
agenda for Sri Lanka, terms such as underdeveloped villages and
border villages would not exist and all areas would be developed
with equal opportunities and facilities.
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CEB project to minimise power interruptions
The Colombo City Development Project undertaken by the Ceylon
Electricity Board (CEB) will minimise delays in the future while
restoring power supply following breakdowns within the Colombo city.
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1,000 IDP candidates among others:
Forty-two ex LTTEers to sit A/L examination
The Department of Examinations will issue special Identity Cards for
over 1,000 displaced candidates at the Vavuniya and Chettikulam IDP
centres to facilitate them to sit the August 8 GCE(AL) examination.
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Uva, Jaffna and Vavuniya :
Postal voting on July 27, 28
Postal voting in Uva, Jaffna and Vavuniya will
be held on July 27, 28. The ballot papers for postal voters will be
issued from July 15, according to the Department of
Elections.Government Agent, Badulla Rohana Keerthi Dissanayake said.
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A new law to regulate micro finance institutions is expected to be enacted in 2012. The proposed Micro finance Act will provide for the establishment of a separate authority to regulate and develop micro finance institutions.
The domestic foreign exchange market continued to expand last year. The total volume of spot transactions increased to US$ 7,789 million by end of September 2011,compared to US$ 5,439 million recorded during the corresponding period of 2010.
The overall prospects for financial sector in 2012 are favourable in view of the conducive domestic micro economic conditions and growth momentum envisaged.
Veteran middle order batsman Mahela Jayawardene was today appointed as captain of the Sri Lanka team for next month’s tour of Australia. His re-appointment as Sri Lanka captain comes after the resignation of explosive opener Tillakaratne Dilshan.
The total foreign financial in flows to the government amounted to US$ 3,113 million during the first eight months of 2011. Higher foreign loan in flows during the period reflect the faster disbursement of foreign loans to finance major infrastructure development projects.
Workers' remittances has grown up by 27.2% to US$ 3,381 million durimg the frist eight months of 2011. This reflects higher in flows from official channels, partly due to repatriation of savings by migrants owing to uncertainty prevailed in the Middle East countries at thebeginning of the year.
The inflation is expected to remain at mid single digit levels during 2012. The continuous improvement of domestic supply conditions as well as the slow down of international price rises from their peak levels earlier last year would help keep domestic price levels low.
The Bangladesh army said today that it foiled a coup attempt by retired and serving officers late last month which intelligence sources said was driven by a campaign to introduce Sharia law throughout the majority Muslim country.
Colts CC, which gained first innings points, takes an overall lead of 237 runs with five second innings wickets in hand on day two of their three-day Sri Lanka Cricket conducted Premier League Tier A match against Bloomfeild continued at Bloomfield grounds today.
The Government will go ahead with its plan to construct the proposed 500 MW capacity Coal Power Plant at Sampoor in Tricomalee with Indian assistance. The Cabinet has approved the proposal on the project made by Economic Development Minister Basil Rajapaksa. 
Anticipatory bail was granted by the Madras High Court to five persons against whom police had filed a case for allegedly breaking into the residence of a priest at Rameswaram and attacking husband of Minister Nirupama Rajapaka.
Since there is an enjoining order preventing strike action by the Government Medical Officers Association(GMOA) it's planned strike for tomorrow is a violation of the court order,
New Chairman of Selectors Ashantha de Mel said that picking the Sri Lanka cricket team for the forthcoming tour of Australia will be the first priority of his committee. In an exclusive interview with the Observer Online a short-while ago,
