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Sri Lanka hails Indian housing assistance
COLOMBO: Sri Lanka has welcomed a whopping Rs 1,372 crore Indian housing assistance programme to build around 4000 homes in the country's eastern province. The housing assistance programme is one of the largest grant assistance projects implemented by India outside the country. Sri ...
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Bus topples injuring 15 in Welimada
At least 15 passengers were injured and hospitalized after a bus veered off the road and toppled in Balagala, Welimada this morning. Police said a private bus traveling from Pannalawela to Welimada was involved in the accident which occurred at around 6.30am today.The wounded persons have been admitted to the Welimada Hospital for ...
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The Elders slam Sri Lanka for lacking reconciliation
'The Elders', a council of retired global leaders led by Desmond Tutu has slammed Sri Lanka, based on its report, for lacking post-war reconciliation. They also expressed their disappointment over its slow pace of improvement in allowing "proper media reporting". "The ongoing persecution and disappearances of human rights activists, journalists and government opponents ...
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China to lend $580 million for Sri Lanka development projects
China Development Bank Corporation will lend $580 million to Sri Lanka to help implement key infrastructure projects, a government document released on Wednesday showed.The loan will bring ...
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All Share Price Index crosses 6500 mark
The All Share Price Index (ASPI) of the Colombo Stock Exchange crossed the 6,500 mark a short while ago. The index has gone up by over 30% since July 2012, according o market ...
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Man held with 14 illegal firearms
Navagattegama Police have arrested a suspect along with 14 illegal locally manufactured firearms. The arrest was made at around 8.30pm last night after police received information that the suspect, a resident of Kuruketiyawa in Navagattegama, uses the weapons to frequently hunt wild animals. Navagattegama Police are conducting investigations to uncover who had manufactured all the fire ...
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Devolution Sri Lankas defence and security
by Dr Dayan Jayatilleka ( May 23, 2013, Colombo, Sri Lanka Guardian) Prof G.H. Peiris in his latest response (‘The Case against the Thirteenth Amendment’, The Island Midweek Review, May 22-23, 2013) to my article in The Island of 15th May 2013, argues that the distribution of ethnicity renders the district rather than the province the more suitable unit of devolution if ...
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Sri Lanka sees major tourism industry investment
Sri Lanka’s tourism industry, especially the cruising scene, is getting back on its feet following the war, with significant interest being shown by major cruise lines wanting to schedule Sri Lankan ports on Indian Ocean Cruises, while the local yachting scene is seeing exciting growth and a local cruise industry may be emerging from infancy.
Sri Lanka, following the long and devastating civil war, which lasted around two and a half decades, is now making renewed attempts to redevelop its tourist industry. The industry is extremely import to the economy of Sri Lanka and is a vital part of the country’s access to foreign currency reserves, but saw marked declines in tourist arrivals during periods in which the ongoing civil war was perceived to be increasing in intensity and violence. Read more
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