Parliament debates COPE report on bond issue

NewsThe report compiled by the Commitee on Public Enterprises (COPE) regarding the Treasury Bond issue was taken up for debate in Parliament this morning. Chief Opposition Whip and Janatha Vimukthi Peramuna (JVP) Leader Anura Kumara Dissanayake opened the debate. He said while he did not wish to vilify the reputation of anyone, he would "call a thief a thief." Accusing the Government of attempting to cover up the alleged bond scam, the JVP Leader also expressed skepticism that the Government would carry out an impartial investigation into the alleged scam. MP Wimal Weerawansa, who is currently in remand custody over alleged misuse of state vehicles, was also present in Parliament and is taking part in today's debate.

January 24, 2017 07:07 UTC

Wimal Weerawansa re-remanded

The report compiled by the Commitee on Public Enterprises (COPE) regarding the Treasury Bond issue was taken up for debate in Parliament this morni... Features & AnalysisSounds of Jazz and Blues back in ColomboColombo will welcome global music fans to jazz-centric celebration, where fans of all types of jazz-related music &nd...Guru Sri Bichitrananda Swain to perform hereAs a part of 68th Republic Day Celebrations of India, the Indian Cultural Centre, High Commission of India, Colombo w...'Country Roads' charity concert will be back in March“Country Roads”, the popular three-decades old concert of country western and folk music, is back on the ...Villagers in India knit jumpers to keep elephants warmElephants in India are sporting colourful woollen jumpers after villagers knitted the super-size garments t...

January 24, 2017 06:50 UTC

Cricket: Sooriyawewa back in action with Bangladesh Tour

SportWith its growing international status, the Bangladesh Tour of Sri Lanka should be of special significance where the present Lankan national cricket is concerned. It is also noteworthy in these it is very likely that the Mahinda Rajapaksa International Cricket Stadium would be utilised as one of the venues for this series and preparatory work towards this, is in progress at present. “We are hoping to finalise the tour itinerary next week when the tour organising committee meets and there it is highly probable that the Cricket Stadium at Sooriyawewa would be one of the venues,” a senior SLC insider said. The last time this venue was used for an international match was in July 2015 when Sri Lanka played a One Day International match against Pakistan. However during that time Bangladesh were just finding their feet in International Cricket while the Sri Lankans were charged with the Sanga-Mahela magic potion.

January 24, 2017 04:16 UTC

General: Air Force felicitates its Sportsmen and Women

SportA total of 88 sports stars who have brought honour and fame to the Sri Lanka Air Force with theiroutstanding performances were felicitated by the President Air force Sports Council and Commander of the Sri Lanka Air Force Air Marshal Kapila Jayampathy during a ceremony held at SLAF Headquarters. This felicitation ceremony was organized at the initiative of the Commander of the Air Force Air Marshal Kapila Jayampathy in view of felicitating and encouraging sportsmen and women. The following SLAF teams who secured national Championships during the year 2016, were also felicitated. Kabaddi (men), Tug-of-War (men), Volleyball (women), Weight Lifting (women), Wrestling (women), Beach Volleyball (men and women), Taekwondo (men and women) and SLAF Rugby Football team which has turned tables, even beating the champion Kandy SC at the on-going Dialogue Rugby League were also felicitated by the Commander in view of their outstanding achievements. The Deputy Chief of staff, Air vice Marshal Mohan De Soyza and members of the Air Force Sports Council were also present at this occasion.

January 23, 2017 17:26 UTC

EIB confirms backing for Colombo water network

NewsThe European Investment Bank (EIB) will provide EUR 50 million to support improvement and expansion of sewage networks across the Sri Lankan capital Colombo, a statement from the bank said. The new EIB loan is European Investment Bank’s first ever support for water investment in Sri Lanka and the first loan for public sector investment agreed with the new post civil-war government. “New support from the European Investment Bank will help unlock essential new investment to improve sanitation in Colombo. The new water investment programme will include provision of a new sewage network in currently un-served areas of Kirillopone. The new European Investment Bank loan to the Government of Sri Lanka will be used to finance investment works being undertaken by the Colombo Municipal Council.

January 23, 2017 10:12 UTC



Three youths drowned in Muttur

The European Investment Bank (EIB) will provide EUR 50 million to support improvement and expansion of sewage networks across the Sri Lankan capita... Features & AnalysisSounds of Jazz and Blues back in ColomboColombo will welcome global music fans to jazz-centric celebration, where fans of all types of jazz-related music &nd...Guru Sri Bichitrananda Swain to perform hereAs a part of 68th Republic Day Celebrations of India, the Indian Cultural Centre, High Commission of India, Colombo w...'Country Roads' charity concert will be back in March“Country Roads”, the popular three-decades old concert of country western and folk music, is back on the ...Villagers in India knit jumpers to keep elephants warmElephants in India are sporting colourful woollen jumpers after villagers knitted the super-size garments t...

January 23, 2017 09:46 UTC

Trump to begin renegotiating NAFTA with leaders of Mexico, Canada

WorldPresident Donald Trump said Sunday he will begin renegotiating the North American Free Trade Agreement when he meets with the leaders of Canada and Mexico, CNN reported. A central promise of Trump's campaign was that he would revamp the 23-year-old trade pact,At a White House event Sunday, Trump said he had scheduled meetings with Canadian Prime Minister Justin Trudeau and Mexican President Enrique Peña Nieto. The White House says the meeting with Nieto is set for Jan. 31.

January 23, 2017 09:34 UTC

Navy rescued boy drowning in Gopalpuram Sea

Government this week started to enforce new protection measures to safeguard consumers from increasing price control issues in the domestic market,... Features & AnalysisSounds of Jazz and Blues back in ColomboColombo will welcome global music fans to jazz-centric celebration, where fans of all types of jazz-related music &nd...Guru Sri Bichitrananda Swain to perform hereAs a part of 68th Republic Day Celebrations of India, the Indian Cultural Centre, High Commission of India, Colombo w...'Country Roads' charity concert will be back in March“Country Roads”, the popular three-decades old concert of country western and folk music, is back on the ...Villagers in India knit jumpers to keep elephants warmElephants in India are sporting colourful woollen jumpers after villagers knitted the super-size garments t...

January 23, 2017 09:02 UTC

Presidential Commission to be appointed to investigate CB Bond scandal

NewsPresident Maithripala Sirisena instructed the Attorney General to take immediate steps to appoint a Special Presidential Commission to inquire into the allegations of malpractices allegedly to have happened in the bond transactions of the Central Bank of Sri Lanka and take required legal action, President Media Unit said. A gazette notification to appoint a Commission comprising of a judge of the Supreme Court, a judge of the High Court and an expert in auditing will be issued this week. The Commission is mandated to submit a report within three months. The President called upon all relevant parties to extend fullest cooperation to the Commission to successfully carry out its assigned duties.

January 23, 2017 08:49 UTC

New boat service between Delft and Jaffna launched

NewsStrengthening the transport facilities of the passengers from Delft to Kurikattuwan in Jaffna, the new boat service ‘Neduntharakai’ was ceremonially launched by the Minister of Provincial Councils and Local Government Faizer Musthapa at the Kurikattuwan pier recently, local media reported. The new boat service launched under the Northern Provincial Council has been funded by the World Bank and Australian Government. The launching ceremony was also attended by State Minister Wijayakala Maheshwaran, MP M.A. Sumanthiran, NPC Chief Minister, and the Australian High Commissioner.

January 23, 2017 07:30 UTC

SriLankan Airlines: Not usually late anymore but most punctual

BusinessSriLankan Airlines says it has enhanced its reputation as one of the most punctual airlines in the world, being rated as the most on-time member airline of the oneworld global airline alliance in the fourth quarter of 2016, by the global flight data monitoring firm OAG. oneworld has for many years been rated as the most punctual among global airline alliances. oneworld comprises 14 airlines that connect more than 1,000 cities in 160 countries – airberlin, American Airlines, British Airways, Cathay Pacific, Finnair, Iberia, Japan Airlines, LATAM, Qatar Airways, Malaysia Airlines, Qantas, Royal Jordanian, SriLankan Airlines and S7 Airlines, the national carrier said in a media release on Monday. Captain Suren Ratwate, CEO of SriLankan Airlines, said: “SriLankan has for many years been among the more punctual airlines in the world and during the latter half of 2016 we focused our efforts on competing with the best and setting a new standard. The industry definition of an ‘on-time flight’ is one which arrives or departs within 15 minutes of its scheduled time.

January 23, 2017 07:06 UTC

Parliament debates bond issue tomorrow as CB, Police probe EPF-bond scam nexis

BusinessThe Central Bank (CB) and the Police have begun separate probes into EPF transactions in government securities including bonds during 2015 and 2016, connected to the infamous Treasury bond scam. The CB assurance comes on the eve of the full-day Parliament debate on Tuesday, January 24 on the Committee on Public Enterprise (COPE) report on the bond scam. These serve to safeguard the interests of the members of the EPF,” the statement added. In its report, COPE held former Central Bank Governor Arjuna Mahendran responsible for the controversial deal and urged legal action. That report bared details of the extraordinary profits by PTL, its trading practices and recommended that a further probe is merited.

January 23, 2017 06:08 UTC

Bond issue debate on Tuesday

The Central Bank (CB) and the Police have begun separate probes into EPF transactions in government securities including bonds du... Features & AnalysisSounds of Jazz and Blues back in ColomboColombo will welcome global music fans to jazz-centric celebration, where fans of all types of jazz-related music &nd...Guru Sri Bichitrananda Swain to perform hereAs a part of 68th Republic Day Celebrations of India, the Indian Cultural Centre, High Commission of India, Colombo w...'Country Roads' charity concert will be back in March“Country Roads”, the popular three-decades old concert of country western and folk music, is back on the ...Villagers in India knit jumpers to keep elephants warmElephants in India are sporting colourful woollen jumpers after villagers knitted the super-size garments t...

January 23, 2017 05:26 UTC

Cricket: Pakistan and Sri Lanka pledge to support each other

SportA Pakistani youngsters cricket team led by veteran Pakistani International players Imran Nazir, Rana Naveed and Faisal Iqbal, visited the High Commission of Pakistan in Sri Lanka this morning. The Pakistani team is currently in Sri Lanka to participate in Ali’s ICPL T20 Tournament which is being held from 13-19 January 2017. The tournament includes teams from Pakistan, Sri Lanka, India, Bahrain and Bangladesh. The High Commissioner of Pakistan in Sri Lanka Maj. Gen. (R) Syed Shakeel Hussain, while welcoming the youngsters, said that Pakistan and Sri Lanka are extremely passionate about cricket as it runs in our blood. Veteran Pakistani cricketer Imran Nazir said that the players are pleased to be visiting Sri Lanka where they have felt immense love of the people for Pakistan and our cricketing fraternity.

January 22, 2017 22:16 UTC

Cricket: Ranjith Samarasekera -- the allround sportsman

SportThe Anthonian Cricketing fraternity is immensely Saddened by the passing away of Ranjith Samarasekera at the age of 78. Representing the College cricket team from 1955 to 1959, he played in the company of stalwarts such as Ranjith Doranegama, S.W. Ranjith had a life-long association with the Colts Cricket Club as a player, coach and President. With Anthonian Cricket in the doldrums in the late 1990’s, Ranjith took the initiative to establish ‘The Anthonian Cricket Wing’ in 2001. Thanks to his guidance, the cricket wing in rendering a valuable service to the school.

January 22, 2017 22:16 UTC



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