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Sri Lanka bourse slip from 19-month high on profit-taking
COLOMBO: Sri Lanka shares retreated from the previous session's 19-month high as investors booked profits in banking and telecommunication shares after the recent rally pushed the bourse into overbought territory.The main stock index fell 0.39 percent, or 25.03 points, to close at 6,441.64, slipping for the first time in the last five sessions. The bourse hit its highest close since Oct. ...
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Sri Lankan trade unions claim strike a success govt. calls it a big flop
While the Coordinating Committee of Sri Lanka's Trade Union Alliance (CCTUA) maintained that their token strike against the electricity tariff hike was successful all round the country, the Sri Lankan government said that overall attendance in public sector institutions had, in fact, increased by 3.5 per cent yesterday. Former Janatha Vimukthi Peramuna (JVP) MP and Co-convener of the ...
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Unidentified body found in Kiribathgoda
An unidentified body was found in the Kiribathgoda area by the police in a canal near a shop, police stated. The body is that of an unidentified person around 50 years of ...
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Supreme Court takes up petition by Apple Watta residents
The Supreme Court has taken up the fundamental rights petition put forward by the residents of ...
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Youth drowns in Bandaragama
A youth has drowned in the Gammanpila Lake in Bandaragama while swimming in the lake with his friends, police stated. The victim was an 18 year old resident of the Walgama ...
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Sri Lanka Indian housing aid to be used for demographic genocide in East
A part of the 50,000 housing aid promised by New Delhi for the war-affected people in the North and East is planned to be used for demographic genocide in the East at the village of Kachchat-kodi in the Paddip-pazhai division of Batticaloa district, according to Eastern Provincial council member R. Thurairatnam. The village, which was predominantly Tamil a few years ago and was affected by ...
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Sri Lanka Serious Doubts On Inquiry Into Mass Graves
Serious doubts have emerged regarding the future investigations into the mass grave at Matale where the remains of 156 persons have been found. In today's press it was reported that the Judicial Medical Officer in charge of the investigation has been transferred (JMO in charge of Matale mass grave also to be transferred -- Sri Lanka Mirror, May 20, 2013). Furthermore, it is also ...
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Sri Lanka Concern Over Appointment of Commission
The standing committee of the Bar Association of Sri Lanka (BASL) on Rule of Law at its meeting on 10th May decided to express its concern on the appointment of a commission regarding the unearthing of the mass grave in Matale, when in fact what is necessary is to proceed under the normal Law of the Country. Commissions of inquiry has throughout our history has been a modus adapted to ...
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Sri Lanka Colombo brings 1500 Sinhalese from South to Mannaar
Stepping up the process of colonisation of the country of Eezham Tamils, the occupying Sri Lanka has brought in 1,500 Sinhalese in buses to Musali DS division in Mannaar District, which is bordering the North Western and North Central provinces. The occupying Colombo government had already planned to settle down five thousand Sinhalese families from the South in Mannaar district in an attempt to ...
Sri Lankan Focus
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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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