Monthly Archives: June 2013

South Africa offers to mediate

South Africa offers to mediate

      South Africa has offered to mediate between the government and the Tamil National Alliance (TNA) to resume direct talks, the TNA said. The TNA said that the offer was made when visiting South African Deputy Foreign Minister Ebrahim Ebrahim met a TNA …

Commonwealth ought to take Sri Lanka to task

Commonwealth ought to take Sri Lanka to task

     The world is so busy cheering on the emergence of democracy in Myanmar that it is in danger of averting its eyes from the assault on democracy in another Asian country — Sri Lanka. In fact, the sins of the Sri Lankan government …

Ministers oppose moves to dilute 13A

Ministers oppose moves to dilute 13A

  ▶sinhala– සිංහල ▶english–       “The Government will not receive a two thirds majority in Parliament for a revision of the provincial council system through a constitutional amendment,” Fisheries Minister Rajitha Senaratne told a news conference yesterday. The Ministers said that there was …

Private sector must stop corruption and pay their taxes to build a better Sri Lanka

Private sector must stop corruption and pay their taxes to build a better Sri Lanka

    Sri Lanka’s Treasury Secretary Dr. PB Jayasundera called on the private sector to stop corruption and pay taxes and work harder in order to transform Sri Lanka into a more vibrant economy where all citizens benefited from development, as government tax revenue continued …

Country loses 150 MW power daily due to breakdown

Country loses 150 MW power daily due to breakdown

      The country continues to lose nearly 150 MW of low cost hydro power daily and this trend would continue with the possibility of repairs to a Kukule Ganga turbine taking about one year, engineers warned yesterday. Two plants at Kukule, which contributed …

Sri Lanka unlikely to get new U.S. waiver for Iran crude-minister

Sri Lanka unlikely to get new U.S. waiver for Iran crude-minister

        The United States is unlikely to grant another waiver to Sri Lanka to allow it to import Iranian crude, Sri Lanka’s Oil Minister Anura Priyadharshana Yapa told Reuters on Monday. “They (U.S. officials) met me twice and told in plain language that …

Sri Lankan rupee falls to near 7-mth low; depreciation pressure persists

Sri Lankan rupee falls to near 7-mth low; depreciation pressure persists

      Sri Lanka’s rupee hit a near seven-month low on Monday, before a state-controlled bank intervened to stabilise the currency, dealers said, amid continuous depreciation pressure due to dollar demand from importers and foreign investors who are exiting in the wake of rising …

Migrated Tamils and Tamil politicians responsible for Diluting of power: Daya Master

Migrated Tamils and Tamil politicians responsible for Diluting of power: Daya Master

  ▶sinhala– සිංහල ▶english–        Tamils are against the diluting of powers in the 13th Amendment to the constitution, former LTTE media coordinator and now an SLFP candidate for the Northern Provincial Council elections, Daya Master, said. Daya Master told the BBC Tamil …

3,000 Sterling pound bond for Lankans, Asians and Africans to enter UK

3,000 Sterling pound bond for Lankans, Asians and Africans to enter UK

       BRITAIN is planning to force visitors from India, Pakistan, Nigeria and other countries whose nationals are deemed to pose a “high risk” of immigration abuse to provide a cash bond before they can enter the country, a report said Sunday. The Sunday …

Chinese currency will eclipse dollar in 10 to 15 years: U.S.-based Indian economist

Chinese currency will eclipse dollar in 10 to 15 years: U.S.-based Indian economist

      A renowned US-based Indian economist has predicted that Chinese currency renminbi  will eclipse dollar in international trading systems within 10 to 15 years. Dr. Arvind Subramanian, who has been named by Foreign Policy magazine as one of the world’s top 100 global …