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FSP slams President for appeasing India by surrendering ECT

Jan 15 (Island) The govt is handing over 49% of the East Colombo Terminal (ECT) to India’s Adani Group due to the geopolitical pressure exerted by India, Education Secretary of the Frontline Socialist Party (FSP), Pubudu Jayagoda says. Jayagoda said: “When trade unions met President Gotabaya Rajapaksa on Wednesday (13), he told them about the broad geopolitical factors in play. more..

Two workers test positive for COVID-19 at Galle quarantine hotel for England team

Jan 15 (EN) Two workers at a hotel in Dadalla, Galle, where the visiting England cricket team were quarantined have tested positive for COVID-19, according to a source at the Galle Medical Officer of Health (MOH) office. The source said that the tests were conducted in Walliwela and Kapumulla, Galle. One of the visiting cricketers tested positive for the virus earlier this week, but according to health ministry sources, no other team member or official have tested positive. more..

Sri Lanka’s tourism resumption promoted in Germany

Jan 15 (FT) The re-opening of the country for global tourists from next week was promoted in Germany by Sri Lankan Ambassador Manori Unambuwe via a key webinar. She hosted a virtual meeting with Deutscher Reiseverband – DRV (German Travel Association) President Norbert Feibig and the Sri Lanka Tourism Promotion Bureau in this endeavour. Sri Lanka Tourism Chairperson Kimarli Fernando shared the guidelines and protocols in place with a view to welcoming tourists from Germany. more..

Case against Johnston filed in unlawful manner, High Court rules

Jan 15 (AD) Colombo High Court has ruled that the manner in which the Bribery Commission had filed its case against Minister Johnston Fernando, pertaining to using Sathosa employees for political activities, was unlawful. The decision was delivered by Colombo HC Judge Manjula Thilakaratne today, accepting the revision application filed by Minister Fernando. During the administration of the previous govt, more..

Restoration of 500 old tanks to be entrusted to state entities

Jan 15 (Island) Restoration of old tanks, contracted to private companies, take a long time to complete because those entities use it as an opportunity to engage in felling trees and gem mining, Minister Chamal Rajapaksa said. He said: “It is obvious that the objectives spelt out by the govt and the expectations of the people are ignored when such individuals’ carry out important tasks. We have now taken steps to get the assistance of state agencies like the State Machinery Agency to renovate more..

Air Force bombs Lahugala with MAS seed

Jan 15 (EN) SL Air Force said it had seed-bombed a 60 acre area in Lahugala in a reforestation bid in the fourth such operation conducted so far with material supplied by MAS Holdings, an apparel group. The mission was organized by the Command Agro Unit at SLAF Base Katunayake under Air Commodore Suharshi Fernando with the Forest Conservation Department and Uni of Peradeniya. Mission is part of efforts to boost Sri Lanka’s forest cover from 27% to 32% by 2030. more..

Exports down 16%, imports 20% in Nov

Jan 15 (EN) Sri Lanka’s exports were down 16.3% to US$ 819 million in Nov 2021 from a year earlier and imports were down 20.5%, US$ 1,384 million, taking the trade deficit down to US$ 565 million from 762 million. Worker remittances were up 18.7% to US$ 612 million. Sri Lanka’s credit has been picking up over the last quarter from contractions in the second quarter driving activity and imports up. more..

PCR tests conducted on 493 more at Parliament

Jan 15 (AD) PCR tests have been carried out on another 493 persons including 16 MPs at the Parliamentary premises today. A total of 463 individuals at the Parliament Complex, including 15 MPs, were subjected to PCR tests on Wednesday as well. The results of those tests were released today and all 15 MPs, including Speaker Mahinda Yapa Abeywardena, have tested negative for COVID-19. Steps had been taken to disinfect the parliamentary premises & conduct PCR more..

Stats: Joe Root's 50-plus average in Asia, and Lawrence equals his debut

Jan 15 (CI) 168* - Joe Root's score at the end of the second day in Galle. It is the highest by an England batsman in Sri Lanka, going past Kevin Pietersen's 151 in Colombo in 2012. There are only three instances of an overseas captain scoring more runs in an innings in Sri Lanka: Stephen Fleming's unbeaten knocks of 274 and 174, and Mushfiqur Rahim's 200. 2 - Test hundreds for Root in SL, making him the first England batsman to score more than one Test century in the country. more..

Timely Joe Root century sees England tighten their grip

Jan 15 (CI) Joe Root's first Test century since Nov 2019 has helped England tighten their grip on the second day of the first Test in Galle. Root went through 2020 without a century - the first time in his Test career he has gone through a full year without one - and dropped out of the top 10 in the ICC's batting rankings in the process. But here he has provided a demonstration of his enduring class in negating the sharply turning ball more..

Isolation orders on 08 Grama Niladhari Divisions to be lifted tomorrow

Jan 15 (AD) Isolation orders on 08 Grama Niladhari Divisions in three police areas will be lifted with effect from 5 am tomorrow (January 16), the National Operation Centre for Prevention of Covid-19 Outbreak (NOCPCO) announced. Accordingly, the following Grama Niladhari Divisions will no longer be isolated from tomorrow onwards: Eheliyagoda Police Area: Minnana GN Division, Bopath Ella GN Division, Wilegoda GN Division, Asgangula GN Division, Yakudagoda GN more..

Four including MP’s son arrested over alleged assault

Jan 15 (DM) Four persons including the son of former state minister and SJB Hambantota District MP Dilip Wedaarachchi have been arrested for having assaulted a couple following an argument over an accident in Maharagama, police said. They said when the suspect was driving along the High Level Road in Maharagama, his car collided with another car on Wednesday early in the morning. It was reported that the suspects had allegedly threatened and assaulted the couple more..

රන්ජන්ගේ අඩුව පුරවන්න බැහැ!

Banks, Fitch Ratings, NPLs and impairments: Part 2

Jan 15 (FT) According to the above State Bank practices, there are two possibilities of misrepresentation. The first is one bank applies different criteria for the application of regulatory standards for the continuation of public sector loans classified in the performing category and the other treats the same type of lending categorised as sub-standard or doubtful. Then the combined effect gives a completely wry version. The second is in relation to the broad comparison between pvt sector more..

What do the virus and an unguarded digital economy have in common?

Jan 15 (FT) Govt, before Christmas, gave a powerful signal as to the direction it would be taking regarding foreign digital platforms operating in Sri Lanka. There is a plan to register foreign digital operators as these digital multinational conglomerates are overwhelming and alienating our local businesses by data colonisation, it said in a statement on 21 Dec. Media Minister in a subsequent interview noted that the monopoly enjoyed by these multinational giants hurts Sri Lankan businesses, more..

Port City – Colombo attracts world’s top investor Nathaniel Rothschild

Jan 15 (FT) World-renowned financier and a member of the Rothschild family, Nathaniel Rothschild who is in Sri Lanka for a brief business tour, paid a visit to the Port City – Colombo yesterday. He was accompanied by prominent SL-born British Politician and former EU Parliamentarian Niranjan Deva Aditya and corporate sector veteran Rajan Brito. Rothschild’s delegation was welcomed by Port City – Colombo more..

NCPA hunts suspect over sexual abuse of a girl child

Jan 15 (DM) National Child Protection Authority (NCPA) has launched an investigation to locate a suspect who had allegedly abducted and sexually abused a 13-year-old girl. NCPA Chairman Prof Muditha Vidhanapathirana said the suspect, resident of Matiyagane, in Narammala had kidnapped the girl and then sexually abused her. “First, the child was kidnapped on 14th of Dec 2020 and informed to the local police. However, then complained to 1929 hotline. Child was returned home on Dec 25. more..

Dr. Padeniya and family in quarantine

Jan 15 (CT) President of the GMOA, Dr. Anuruddha Padeniya and his family are currently in self-quarantine, as a Medical Officer who visited Dr. Padeniya’s house a few days ago, has tested COVID-19 positive. GMOA Secretary, Dr. Senal Fernando said the Medical Officer who tested positive for COVID-19 had visited Dr. Padeniya at his home, after completing his post intern appointment at Base Hospital, Avissawella on 7 Jan, and had dinner at his residence. more..

SAITM building & land advertised for sale

Jan 15 (DM) The management of the South Asian Institute of Technology and Medicine (SAITM) in Malabe has posted an advertisement on a website under the Commercial Property section to sell its building and the land for a value of Rs. 3.5 billion. Under the description, it says ‘3 Acre;1 Root; 38 Perches land in Malabe ideal for uni or int'l school. Two complete, five- story building with one incomplete building with elevator facilities to more..

UNP veteran criticises reappointment of Ranil as party leader

Jan 15 (Island) UNP stalwart Gamini Jayawickrama Perera criticised the decision to reappoint Ranil Wickremesinghe as party leader. His appointment would only strengthen the govt, Perera said. “There is no need to talk too much about him. We cans see what Ranil has done to the party. The govt will benefit from this appointment.” Perera said that it would be extremely difficult for the UNP to make a comeback and those surrounding Wickremesinghe did not have best interest of party at heart. more..

Asian Buddhist Conference for Peace convenes with President’s participation

Jan 15 (DN) The 13th Executive Council Meeting of the Asian Buddhist Conference for Peace was held with the participation of Prez Rajapaksa at Sri Sambodhi Viharaya in Colombo 7 yesterday. After World War II, Buddhist leaders focused on the need for an international Buddhist organisation aimed at promoting unity. Consequently, Buddhist laity and clergy gathered at Maha Viharaya in Ulaanbaatar in Mongolia on June 13, 1970 to hold the first meeting of the Asian Buddhist Conference for Peace. more..

More tourist flights from Ukraine despite lockdown

Jan 15 (Island) The Tourism Ministry said that a pilot project to bring in over 2,000 Ukrainian tourists was on track in spite of the partial lockdown of Ukraine, ministry sources said. The govt in consultation with relevant authorities here and in Ukraine would continue with the high profile project, sources said, adding that in spite of some delays the flights were coming in. When The Island pointed out that int'l media reported a two-week long more..

Opposition playing politics with tourism industry: Prasanna

Jan 15 (DN) Opposition accused the Govt that by inviting the tourists from Ukraine, the spread of COVID-19 would be exacerbated and that there would be a new cluster. However we have proved the critics wrong by ensuring that despite the influx of tourists from Ukraine, there has been no such spread of the virus, Minister Prasanna Ranatunga said. “The Opposition is playing politics with the tourism industry,” he said. Minister emphasized that only 1,200 Ukrainian tourists have so far more..

Anika, Savini, Janali advance to women’s singles semis

Jan 15 (Island) Sri Lanka number one Anika Seneviratne, Savini Jayasuriya and the finalist of the last edition Janali Manamperi advanced to the semi-finals of the women’s singles with victories in the quarter finals of the Tennis Nationals 2020 at Sri Lanka Tennis Association courts on Thursday. Seneviratne cruised to the last four stage when she beat Tuvini de Alwis 6-1, 6-1. Jayasuriya beat Oneli Perera 6-4, 6-1 and Manamperi scored 6-0, 6-0 to knockout Nishka Vivekanandan. more..

Prez commissions South Asia’s largest tyre manufacturing plant

Jan 15 (CT) The Ferentino Tyre factory which was commissioned yesterday will inspire and incentivise other discerning investors to explore the many business opportunities that this country holds, Ferentino Tyre Corporation (Pvt) Ltd Chairman Nandana Lokuwithana said at the opening. SL’s largest manufacturing facility for tyres and radials, Ferentino Tyre Corp (Pvt) Ltd, was declared open yesterday by Prez Rajapaksa. more..

NCPA hunts suspect over sexual abuse of a girl child

Jan 15 (DM) National Child Protection Authority (NCPA) has launched an investigation to locate a suspect who had allegedly abducted and sexually abused a 13-year-old girl. NCPA Chairman Prof Muditha Vidhanapathirana said the suspect, resident of Matiyagane, in Narammala had kidnapped the girl and then sexually abused her. “First, the child was kidnapped on 14th of Dec 2020 and informed to the local police. However, then complained to 1929 hotline. Child was returned home on Dec 25. more..

Twinery, Innovations by MAS recognised as one of region’s most influential innovators

Jan 15 (Island) MAS Holdings Chairman, Mahesh Amalean said recently that it was a proud moment for his company when their Twinery product won the Clarivate award for excellence. He said so addressing the media on a virtual meeting platform. “Technology and innovation that developed the product which was the ultimate result of team work and distinct attention to detail. MAS holdings Twinery was one of 28 products that achieved this distinction and the first to be awarded worldwide acclaim more..

Sri Lanka erroneously shamed as top-5 polythene polluters by WB

Jan 15 (ST) SL is still haunted by an old erroneous and unsubstantiated World Bank (WB) statistic that caused it to be labelled the fifth worst plastic polluter of the seas. Six years ago, Science Magazine–one of the world’s two top peer-reviewed journals –published an article by eight academics about plastic waste pollution of the ocean. Based on data from a 2012 WB report, the team inferred that SL was the fifth largest more..

Navy brought ashore a distressed fishing trawler

Jan 15 (SLN) SL Navy, in cooperation with Indian High Commission in Colombo, brought ashore a fishing trawler drifted to the Indian waters along with 02 fishermen aboard, on 13th Jan. The trawler which left for fishing from Gurunagar, Jaffna had carried away towards Indian seas, having gone into an engine failure. Responding to request for assistance by the Jaffna District Secretariat, through Disaster Management Centre and Office of Chief of Defence Staff, to locate a one day fishing trawler more..

TISL opens SMS vote for Integrity Icon 2020

Jan 15 (FT) Transparency International SL (TISL) this week unveiled the SMS voting platform for the public to select the People’s Choice Award winner from amongst the five Integrity Icons for 2020, the campaign to name and fame honest public officials. The biographical videos of the Icons, detailing their work can be viewed on Integrity Icon seeks to recognise those who go above and beyond the call of duty to serve the public with integrity. Over 100 nominations were received for more..

Triple cluster rises to 47,127

Jan 15 (FT) The Divulapitiya, Peliyagoda, and Prisons triple cluster yesterday rose to 47,127 patients, with 670 persons testing positive for COVID-19. 663 associates of the Peliyagoda COVID-19 cluster and seven persons linked to the Prisons cluster were among the patients detected yesterday. A total of 50,899 COVID-19 patients have been detected in the island to date. In addition to the triple cluster, more..

It is a biz and leisure trip for Nat Rothschild

Jan 15 (FT) British-born financier Nat Rothschild is in Sri Lanka on a business cum leisure trip lasting a week. Having arrived via his cruise ship from the Maldives, Daily FT learns the first two days of his stay in Colombo were spent on meeting with business leaders, visit to the Port City and select politicians including a courtesy call on Prez Rajapaksa and former PM Ranil Wickremesinghe. Nat is in Sri Lanka on an invitation of former Member of European Parliament Niranjan Deva Aditya more..

Home or away; Sri Lanka remain useless

Jan 15 (Island) The SL cricket team is playing a brand of cricket that is alien to us and their reasoning is inexplicable. When you do not respect the basic principles of the great game, you are taught bitter lessons. Sri Lanka got a fair share of it yesterday here in Galle. The extended run that Lahiru Thirimanne has got defies logic and the only explanation for him constantly featuring in the team is too obvious. After 37 Tests he averages 22 and at the age of 31, neither are we investing for more..

Covid-19 Situation Report

CA Sri Lanka’s 41st National Conference goes virtual 18-20 Jan

Jan 15 (FT) An exciting line up of thought leaders, high-profile speakers and panellists will set the tone for the 41st National Conference of Chartered Accountants organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), as they help defy the new normal and inspire Chartered Accountants, including Business Leaders and C-Suite Executives, to overcome the challenges following COVID-19. The three-day conference will be held from 18 to 20 January. more..

Creative Isle’s CAN market success stories

Jan 15 (FT) With the economy of the world crippled, as a consequence of the global pandemic, Sri Lanka’s local entrepreneurs were amongst those severely impacted by the first wave of COVID-19. Post the first wave, Prez Gotabhaya Rajapaksa made a call to action to all local businesses, to move towards rebooting the economy. The CAN weekend market was a brand-new initiative launched in August in response to this call. Creative Isle founder and visionary Keshini Ann Suraweera, more..