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Right time to iron out differences:
Focus on development insists Liam Fox in Jaffna
The Shadow Defence Secretary of the United
Kingdom Dr. Liam Fox, the first key foreign political figure to
visit Jaffna since the collapse of LTTE terrorism, met the
representatives of the People’s Council for Peace and Goodwill in
Jaffna and insisted on the need for focusing more on developing the
region economically.
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Observer Mobitel schoolboy cricketer of the year:
Stage set for Mega Show on Tuesday
The stage is set for the premier schools cricket
awards ceremony with theholding of the 31st Observer-Mobitel
Schoolboy Cricketer of the Year Mega Show, to be held at the BMICH,
Colombo 7 on Tuesday (1) commencing from 6p.m.
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Foreign Ministry concerned over Solheim’s comments
The Foreign Ministry has expressed concern over
a recent comment made by Norwegian Minister Erik Solheim. The
Foreign Ministry has also mentioned that the Government of Sri Lanka
hopes that a formal response would be received from the Norwegian
Government with regard to the attributed comments by a Minister of
the Norwegian Government.
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A remarkable pay hike for CEB employees - Minister assures
Power and Energy Minister W.D.J. Seneviratne
yesterday remarked that Friday’s planned Ceylon Electricity Board (CEB)
strike was a total failure and assured the 14,000 strong CEB
workforce, a remarkable salary increase from January next year.
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Estate unions demand wage increase
Three major plantation trade unions - the Ceylon
Workers’ Congress (CWC), the Lanka Jathika Estate Workers’ Union (LJEWU)
and the Joint Plantation Trade Union Centre (JPTUC) - are to meet
the Ceylon Employers’ Federation (CEF), representing 22 Regional
Plantation Companies, tomorrow (Monday) for negotiations on a wage
increase for the plantation workers and signing of a fresh
Collective Agreement.
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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,
