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SPC polls peaceful:
Resounding victory predicted as ...:
UPFA takes early lead
The United People’s Freedom Alliance (UPFA) is
heading for another landslide victory, following the Southern
Provincial Council elections held yesterday. The early postal voting
and electoral division results released at the time of going to
press indicated that the UPFA would retain power at the Southern
Provincial Council with an absolute majority.
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Work hard to live in peaceful co-existence - Army Commander
Army Commander Lt.Gen. Jagath Jayasuriya called
upon his officers and men to give priority for humanitarian tasks
and be part of the Government’s development activities.
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Minister Bathiudeen refutes JVP allegations:
No food scarcity in IDP welfare villages
Resettlement and Disaster Relief Services
Minister Rishad Bathiudeen has refuted recent JVP allegations that
IDPs at the Vavuniya and Chettiklulam welfare villages were facing a
food scarcity and were buying food items from traders at exorbitant
prices, including infant milk food at Rs. 2,000 per packet.
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Mankulam a regional capital soon
A centrally located northern rural town,
Mankulam, 30 kilometres from Vavuniya on the A 9 highway would be
developed as a Regional Administrative Capital along with the
resettlement and rehabilitation of over 250,000 IDPs now in the
Vavuniya and Chettikulam welfare villages.
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Mihin Lanka nets over Rs. 1.2 m profit
Sri Lanka’s budget airline Mihin Lanka, earned
over Rs. 1.2 million profit last month for the first time after it
was set up. The revenue the airline received from its Buddhist
circuit routes to Bodhigaya and Baranas added to its profits.
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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,
