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Court will decide on victim’s dying declaration:
Varsity student’s death - suspect identified
Police have identified the suspect who allegedly assaulted student
Rajapaksa Susantha Anura Bandara of the Ruhunu University who
succumbed to his injuries at the Badulla General Hospital, IGP
Mahinda Balasooriya told a media briefing at the Police Headquarters
yesterday.
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Canada probes LTTE aid agencies
The LTTE has either infiltrated or created two dozen front and cover
organisations in Canada to support its terrorism campaign,
International Terrorism Expert Prof. Rohan Gunaratne said in the
aftermath of the action taken last week by the Canadian Revenue
Agency to revoke the charitable status of the ‘Tamil Refugee Aid
Society’.
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SLA’s 200,000 men could face any threat - Army chief
The Sri Lanka Army (SLA) with over 200,000 men is adequate to defend
all threats including any new terrorism threats, Army Commander Lt.
General Jagath Jayasuriya said. The Army Chief told the Sunday
Observer that there were no fresh moves to increase SLA’s manpower
as it already has over 203,000 well-trained soldiers.
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Convicted Lankans won’t benefit by Lebanon amnesty
Sri Lankan workers in Lebanon who were convicted by the Lebanese
Government for indulging in various criminal activities will not
benefit from the three-month special amnesty declared by the
Lebanese Government for Asian workers.
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High stakes end a cropper:
26 businessmen held for gambling
More than 35 officers of the Central Anti Vice
Striking Force (CAVSF) swooped on a luxury gambling den in a coconut
estate at Bandirippuwa, Lunuwila last week and arrested 26 wealthy
businessmen engaged in unlawful gambling for high stakes, police
sources told the Sunday Observer.
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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,
