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Parties discuss feasibility of holding general election

Dec 12 (DM) Discussions are underway among political parties to approve a resolution in Parliament with two-thirds majority calling for its dissolution in case the Supreme Court holds that the dissolution violated the Constitution. The govt which took office on Oct 26 is considering the possibility of relinquishing office in the event the Supreme Court rules that the dissolution of Parliament by Prez Maithripala Sirisena is invalid. more..

Alleged Prez/Gota assassination plot: Magistrate chides CID

Dec 12 (CT) Colombo Fort Magistrate Ranga Dissanayake yesterday issued notice on the investigating officers, in the case concerning the alleged plot to assassinate the President, to appear in Court, as their enthusiasm was evidenced by the fact that they didn’t appear in Court when the case was taken up yesterday. Magistrate gave the order as the CID officers were not present in Court when the case pertaining to the alleged phone conversations regarding an alleged more..

Shashi Weerawansa case trials fixed for Jan1

Dec 12 (DN) Two cases filed against Shashi Weerawansa, wife of NFF Leader Wimal Weerawansa were yesterday re-fixed for the trial by Colombo Chief Magistrate Lanka Jayarathne. This is over an incident where Shashi Weerawansa had fraudulently obtained two passports including a diplomatic passport by submitting forged documents to the Immigration and Emigration Dept. Magistrate postponed two cases due to the absentia of the accused. more..

Paralysis pains plantations

Dec 12 (FT) Amidst political paralysis in the country, the plantation industry is battling their own crisis over what it described as an unfair wage hike demand by unions, who have struck work causing nearly Rs. 2 billion in losses in a week, with more damage to follow if there is no solution. Unions are on strike, demanding a 100% hike in basic wage to Rs. 1,000 per day, whereas industry has offered a 20% increase to Rs. 600 more..

Mano wondering whether to ally with JVP

Dec 12 (DM) Tamil Progressive Alliance (TPA) Leader and MP Mano Ganesan said he was wondering whether his party should change its stance and join the JVP. Mr. Ganesan said this in the latest message on Twitter. “Many feel that we should team up with the JVP and it is natural for me to feel the same way and to contemplate whether a new alliance has to be formed with the Marxist party,” he said in his Twitter message. TPA contested the 2015 general election and more..

JVP to consider Mano’s stance: Handunnetti

Dec 12 (DM) While appreciating the statement made by Tamil Progressive Alliance (TPA) Leader and MP Mano Ganesan that his party’s stance to join JVP, MP Sunil Handunnetti said they would consider it. MP said the statement made by TPA leader in an audio message on Twitter was his personal view, but he had not officially communicated it to the JVP. However, we respect his stance. As the JVP, we cannot make any statement regarding that statement now, he said. more..

RW’s Confidence Motion in Parliament today

Dec 12 (NR) A proposal stating parliament has absolute confidence in Ranil Wickremesinghe functioning as the PM, will be presented in Parliament today. The proposal will be presented by MPs Sajith Premadasa, Ravi Karunanayake, Akila Viraj Kariyawasam, Lakshman Kiriella, Rajitha Senaratne, Palani Digambaran, Mangala Samaraweera, and Rishad Bathiudeen. Furthermore a proposal will also be more..

RADA case fixed for further trial on Jan. 11

Dec 12 (DN) The case filed against former MP Tiran Alles and three others was yesterday fixed for further trial on January 11 by the Colombo High Court. Attorney General had filed indictments against four accused for allegedly conspiring to misappropriate Rs. 200 million public funds belonging to the RADA in 2005. The prosecution witness Dayananda Perera, private secretary of Minister Champika Ranawaka is to be further cross examined by defence on Jan 11. more..

Economic crisis: Bandula invites US Ambassador to meet CB Governor

Dec 12 (DM) MP Bandula Gunawardana said the remarks made by US Ambassador Alaina Teplitz on SL’s economic crisis were erroneous and invited her to meet the CB Governor to be enlightened about the country’s economic situation. MP said it appeared that certain elements had fed false information to the Ambassador on the economic situation in Sri Lanka. “We appreciate the fact that the Ambassador took the time to pay her respects to the Tooth Relics at Sri Dalada Maligawa. more..

SriLankan Airlines without any documents on appointing reinsurance broker

Dec 12 (Island) The insurance division of SriLankan Airlines did not have any documents to prove board approval for awarding MS Willis the contract as reinsurance broker in 2008, Rajinda Fernando, Senior Insurance Executive of the airline told the PCoI yesterday. He said that, in Feb 2008, former Insurance Manager, Aruna Kalubowila had asked two companies, Willis and Mills, to submit proposals as the reinsurance broker for SriLankan. more..

Gihan Cooray appointed chairman of Nations Trust Bank

Dec 12 (Island) Nations Trust Bank has announced the appointment of Gihan Cooray as chairman of the board of directors, with effect from Dec 1st 2018. Cooray takes over as chairman following the retirement of Krishan Balendra who stepped down after having served the stipulated maximum 9 year tenure as a Director of Nations Trust Bank. Cooray is the group finance director of John Keells Holdings and has overall responsibility for the Group’s Finance and Accounting, Taxation, more..

Asiri Surgical launches specialized oncology centre

Dec 12 (CT) With the intent to offer world class cancer care in Sri Lanka, Asiri Surgical Hospital, a member of the country’s largest private sector hospital chain, in collaboration with the American Oncology Institute (AOI), a leading provider of oncology services based out of the USA, has launched Asiri AOI, a major new cancer-care initiative to transform the spectrum of cancer treatment and management available in the country, a media release stated. more..

Hutch to return 5MHz of 900MHz band spectrum

Dec 12 (CT) Telecommunications Regulatory Commission (TRC) has instructed Hutchison Telecommunications Lanka (Hutch Lanka) to hand over 5MHz of its 900MHz band spectrum to TRCSL, subsequent to its recent merger with the Etisalat Lanka Limited (ESL), TRCSL sources said. The combined business of Hutch Lanka and ESL currently has 15 MHz (7.5 MHz each) of 900 MHz band spectrum. more..

Unpredictable politics continues to drag stock market lower

Dec 12 (Island) Both indices ended lower amid lacklustre market turnover on the trading floor of the Colombo Stock Exchange (CSE) yesterday as Investor sentiment continued to take a major hit due to the ongoing political and economic uncertainty. The depreciation of per share value of Dialog – one of Stock Market's big cap counters – by 30 cents ( 2.8%) served as a major factor for the day's lacklustre trading. Dialog per share value moved down by 30 cents compared to previous day. more..

Malinga crowned Most Popular Sports Personality

Dec 12 (DN) ‘During my 15-year international cricket career it is the first time that I had the chance to win the Most Popular Sports Personality award at the 4th annual SILK sports awards ceremony which was held at the BMICH recently', said SL's most successful fast bowler Lasith Malinga. The awards ceremony recognized local sporting heroes who have excelled in their respective sporting fields during the 2018. "During my sports career I have received so many awards but this award more..

Sri Lanka, UNDP to improve tourism sustainability standards

Dec 12 (EN) Sri Lanka's state tourism office will be launching a sustainable tourism certificate scheme for the industry in partnership with the United Nations Development Programme in 2019. "Next year we are planning to implement a sustainable tourism certificate scheme for the country with the UNDP," Sri Lanka Tourism Development Authority Director General Upali Ratnayake said. more..

ComBank Annual Report best in banking sector for 14th year

Dec 12 (Island) Commercial Bank of Ceylon was reaffirmed the best among Sri Lanka’s banks for financial disclosure for a consistent 14th year, winning the Gold in the Banking Institutions category at the 2018 CA Sri Lanka Annual Report Awards. The Bank also won the Bronze award for Overall Excellence in Annual Financial Reporting across all sectors of business, the Gold for Integrated Reporting - Best Disclosure on Capital Management, Gold for more..

Big data, data analytics vital for work efficacy: Peter Carey

Dec 12 (DN) To keep up with the ever-changing technological advancements in the world, accounting professionals need to utilise big data, data analytics in improving the efficacy of their work. “Emerging technologies such Artificial Intelligence (AI) and Blockchain today are likely to reshape many aspects of accountancy profession and at the same time, the relevance of the role of accountants in the financial markets is more important than ever before. Hence it is essential to incorporate or more..

Harvest - 2018 agriculture exhibition opens

Dec 12 (PMD) Harvest 2018 organized by the Minister of Agriculture with the intention to build a modern culture in agriculture is opened by President Maithripala Sirisena to at BMICH today (11). This exhibition is held for the public from today from 9 a.m to 9 p.m and it is comprised of exhibition stalls, food stalls, fruits and vegetable stalls, and many other sections. A number of local and foreign institutes are gathering more..

Oceanfront Condos launched in Galle

Dec 12 (DN) Building on the success of Nilaveli, ICC has chosed Galle, the largest city on the southern coast, and the center of beach tourism in Sri Lanka for the second development Oceanfront Condos. Enter through classically styledarchway, designed to celebrate the architecture of Galle, and step into the courtyard which features the secluded pool. Walk down to the beach or head into the apartment which features double height views of the ocean from the living rooms. more..

UAE Embassy donates school stationery, uniforms to 9,000 needy students

Dec 12 (FT) Embassy of United Arab Emirates in Colombo donated school stationery and uniforms to more than 9,000 students from various parts of the island at the New Town Hall on Saturday. The event was coordinated by Azath Salley Foundation to mark the 100th birth anniversary of Shaikh Zayed Bin Sultan Al Nahyan, the UAE’s Founding Father. The project came under the UAE Aid with donations from Sharjah Charity International. UAE ambassador Ahmed Ali Moalla gave away the gifts more..

SLC axe Samaraweera appoint Lewis as Batting Coach

Dec 12 (Island) Batting Coach Thilan Samaraweera has become the second casualty after SL’s humiliating 3-0 whitewash at the hands of England as Sri Lanka Cricket did sweeping changes to the national cricket team’s support staff. Accordingly, Samaraweera along with Fielding Coach Manoj Abeywickrama will relinquish his duties midway through the tour of New Zealand. Samaraweera is expected to return home more..

Lasith Malinga and Angelo Mathews listed at the highest base price for IPL auction

Dec 12 (DN) Out of a total of 346 cricketers, Lasith Malinga and Angelo Mathews have been shortlisted for the upcoming Indian Premier League auction.The two SL national players along with seven other foreign national players; have been listed themselves at the base price of approx INR. 2 Crore. In total seven players from Sri Lanka namely fast bowler Lasith Malinga, all rounder Angelo Mathews, wicket keeper/ bat Kusal Janith Perera ( Base price of approx INR.75 Lakh) while all rounders more..

How CDS became Prisoner 9550 and Welle Suda’s neighbour

Dec 12 (Island) An ongoing high profile case before the Fort Magistrate Ranga Dissanayake into the then Navy Commander Ravindra Wijegunaratne allegedly helping Lt. Commander Chandana Hettiarachchi, a suspect in the alleged wartime abduction and disappearance of 11 Tamil youth, to flee the country in early last year, took a dramatic turn on Dec 5, 2018. Hettiarachchi continues to be in the service though remanded in connection with the disappearance case. more..

Stories behind the songs of Premakeerthi

Dec 12 (Roar) Premakeerthi de Alwis is a legend among SL’s entertainment personalities. The journalist, TV and radio presenter, author, poet and songwriter was much beloved. The songs he wrote have stood the test of time and are still popular. Prem was famous for being able to put songs together in an instant, often from unusual sources. As veteran lyricist Rathna Sri Wijesinghe once noted, critics called Alwis more..

Edtorial: Public funds down the gurgler

Dec 12 (Island) Parliament seems to have gone the same way as the Northern Provincial Council; nothing gets done there save the passage of motions one after the other. Now that the UNP-TNA-JVP combine has proved that it has the majority of seats in the House, and the govt has run away, unable to face reality, it defies comprehension why any more motions should be presented and put to the vote to prove who commands a majority in the House. more..

LawAsia observers visit Sri Lanka: SL judiciary praised

Dec 12 (DM) As Sri Lanka awaits another historic judgement to be given by the Supreme Court on Prez Sirisena’s move to dissolve Parliament, the SL judiciary is being praised for its independence. While respecting its initial interim order withdrawing duties of the purported PM and his cabinet of Ministers, SL citizens have once again vested hopes on this pillar of the Constitution. In order to observe the Supreme Court proceedings on the hearing of petitions against dissolution of Parliament, more..

Face the Nation

Equality for all, not just the chosen few

Dec 12 (DM) In the light of the recent political turmoil in our country it is fair to say we have witnessed, and not for the first time, the ugliness of politics in Sri Lanka. That politicians from all sides can play with our lives, squabble pettily and behave in the most ungracious and ugly way is so unbecoming of their stature and goes to reiterate that politicians are only in office for their own gain and have no good intention to serve the people as they should rightly be doing. more..

Reflections on current constitutional debate

Dec 12 (DN) There is apparently a multitude of views particularly among lawyers as regards the action of the President of Sri Lanka to sack the PM and dissolve Parliament. There are broadly two schools of thought one strongly opposing the presidential course of action, while the other maintaining that the President has acted within his limits of power. The bane of contention among the opposing faction of the Presidential action is that notwithstanding the inherent flaws and more..

19A targeted Rajapaksas: Rohitha

Dec 12 (CT) Kalutara District MP Rohitha Abeygunawardena says, being chosen as a Parliamentarian is the people’s choice and sacrificing it for the sake of the people is no big deal. “I worked being prepared to face for such an encounter” he says and endorsed that the 19th Amendment was brought in a rush targeting the Rajapaksas. Q: Why did you not get a portfolio in the govt that Maithri-Mahinda set up? A: I was invited to accept a ministerial more..

Political options for Prez, Ranil & Mahinda

Dec 12 (Island) As this article is being penned, the nation awaits the decision of the Supreme Court on the legal validity or lack thereof of the presidential gazette dissolving Parliament. With the traditional year end court vacations scheduled for Dec 14th, many are expecting that Court would give its judgement before the vacation. However, Court is not bound to give its judgement before its vacation. Setting a date after vacations for its decision would in the interim period, again allow more..

The justiciability of Presidential acts

Dec 12 (GV) In a week of high-stakes litigation in the two highest courts in the land, a key question in the public discussion over the continuing constitutional crisis in Sri Lanka has focused on whether the presidential act of dissolving Parliament on 9th Nov is justiciable. That is, whether this presidential decision – second only in significance to the question whether the President can dismiss a PM and appoint another at his sole discretion – can be judicially reviewed in the courts. more..

Udaya Devi: Empress of the East

Dec 12 (SO) The railway service has enriched every Province of SL, as an important medium of transport, connecting people. The Eastern Province has its own unique identity with an abundance of natural scenery. As the railway lines progressed under the British, these wise administrators extended the tracks, creating the Batticaloa Line. With the onset of the Northern Line Maho Railway Station was opened in 1903, more..

Economy is the victim of political dramas

Dec 12 (CT) As economic management is in the hands of politicians, whatever happens in the political arena directly impacts on the economy. No matter how strong private sector is, no matter how efficient labor force is, no matter how useful natural resources is in the economy, when politicians whose job is to draft economic policies act foolishly, economy gets derailed, indicating a lot of repercussions where the business community cannot find any direction. more..

Mâra actions of Maithri

Dec 12 (CT) I refer to the news Report in the Daily Mirror of 5h Dec, under the heading Instability will end in a week, where views expressed by the President, Maithripala Sirisena, at the Annual Convention of the SLFP, were given, and also to his latest new theory, that is a struggle between National and Foreign thinking, which appeared in the Daily Mirror of 10th Dec. I wish to comment on bot The President made triple actions, one after another, which can be described in more..

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