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Eighteen people have been arrested on suspicion of helping to smuggle Sri Lankan illegal immigrants into Britain in a series of dawn raids across Europe, including in Luton and Essex... Read more
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Vesak Pandals in Gangarama, Nawaloka, Kosgas Junction and Dematagoda are nearing completion with only a few days left to mark Vesak. Pix by Samantha Perera... Read more
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Opposition leader Ranil Wickremesinghe charged in Parliament today that there was an attempt by the Criminal Investigation Department (CID) to take in a few UNP MPs for questioning over their participation in a workshop organised by the Friedrich Naumann Foundation for Freedom... Read more
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A brief daily round up of the market activities at Colombo Stock Exchange from Mon-Fri. Check out the day’s top losers, gainers and the fluctuations within the market indices.... Read more
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Colombo International Container Ter minal (CICT), which is developed under the South Harbour Terminal project received its first vessel on May 20, carrying on board 3 gantry cranes and 10 rubber tire gantry cranes to be installed at the CICT.... Read more
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Despite government investments in the economy increasing as a percentage of GDP as well as in absolute terms during 2012, the International Monetary Fund (IMF) points out that Sri Lanka’s public investment is low compared to countries that have experienced sustained high growth.... Read more
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While stating that the Northern Provincial Council election was still uncertain the UNP said today if the election were held it would prove that the government had accepted the UNP’s opinion on devolution of power in the country ►►► ... Read more
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The Customs Revenue Task Force (RTF) seized a 40-foot container with perfume, shoes and cheese estimated to cost more than Rs.40 million. The officials said that the container had been declared as textile material. Six suspects had been arrested over the incident. Pix by Kushan Pathiraja... Read more
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Mack Gill has been appointed the new CEO of MillenniumIT, a unit of diversified international exchange business of London Stock Exchange Group.... Read more
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A complaint was lodged at Mirihana Police this morning that a car badge depicting Toyota logo had been stolen from the vehicle belonged to Appeal Court Judge Deepali Wijesundere.... Read more
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Matthew Arnold’s famous poem, Dover Beach, ends with a rather despairing couplet, “Swept with confused alarms of struggle and flight, / Where ignorant armies clash by night.”... Read more
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In April the World Bank governors endorsed two historic goals: to end extreme poverty by 2030 and to ensure that prosperity is shared. It will take a lot to end poverty: strong growth, more infrastructure investments, increased agricultural productivity, better business environments, jobs, good education,... Read more
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Some time back I attended a London Business School (LBS) Management Lab session, where the topic for discussion was, why some countries manage to achieve economic prosperity that helps them to escape the perils of poverty, while many other countries fail in this respect and continue to be trapped in poverty.... Read more
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President Mahinda Rajapaksa has reiterated that only the Parliamentary Select Committee (PSC) can propose any changes to Sri Lanka’s Constitution, Minister Anura Priyadharsana Yapa said today.... Read more
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Sri Lanka does not import crude oil from Iran since mid 2012 following the US sanctions, Minister of Petroleum industries, Anura Priyadarshana Yapa said at the cabinet press briefing short while ago.... Read more
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The main opposition United National Party (UNP) said yesterday it was considering a change in its stance on power devolution and instead opt for a new system of devolution depending on the will of the people.... Read more
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Eelam People’s Democratic Party (EPDP) Leader Douglas Devananda who currently serves as the Traditional Industries and Small Enterprise Development Minister of the Cabinet speaks to Daily Mirror on a wide range of issues from the planned Northern Provincial Council election to the alleged... Read more
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The Therawada Bhikkhuni Order in Sri Lanka has been in existence since 1998. Yet unfortunately, we do not come across many Bhikkhunis (Buddhist nuns) as often as we come across Bhikkhus in Sri Lanka. It was learned that most Sri Lanka Bhikkhunis were living in hermitages far away from society... Read more
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Vesak is a time for us to consider the Buddhist understanding of reality. According to Wikipedia "reality" in Buddhism is called Dharma (Sanskrit) or Dhamma (Pali). This word, which is foundational to the conceptual frameworks of the Indian religions, in Buddhism... Read more
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The State Pharmaceuticals Corporation (SPC), which supplies life- saving or essential drugs to public hospitals and medical clinics, was reported yesterday to have run out of funds to buy drugs because the Treasury had cut the Health Ministry’s budgetary allocation by Rs. five billion.... Read more
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The Department of Ayurveda will temporarily stop registering Ayurvedic spas from this month, Daily Mirror learns. However, registration of spas in institutions that had already been registered with the Sri Lanka Tourist Board will continue... Read more
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A fire broke out in a vehicle spare parts shop in New Pradeepa Mawatha, Maligawatta this evening. Police suspect that an electrical leak caused the fire. Maradana police are conducting further investigations. Pix by Pradeep Pathirana... Read more
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The Colombo bourse saw foreigners snatching shares worth of Rs.1.09 billion yesterday, recording the highest net foreign inflow figure in nearly 2.5 months (after March 7)... Read more
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While claiming that trend in the Sri Lanka government’s respect for religious freedom did not change significantly during the year, the US said that ‘in certain instances, local authorities failed to respond effectively to communal attacks, including attacks on members of minority religious... Read more
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The Indian Coast Guard is to deploy the newly commissioned ship ‘Vaibhav’, the third in a series of 90-meter class offshore patrol vessel in the Gulf of Mannar and up to the international maritime boundary line with Sri Lanka, the Times of India reported... Read more
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A brief daily round up of the market activities at Colombo Stock Exchange from Mon-Fri. Check out the day’s top losers, gainers and the fluctuations within the market indices.... Read more
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Most of the private and government institutions participated in the countrywide protest campaign urging the government to immediately withdraw the electricity tariff hike and reduce the soaring cost of living.... Read more
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‘The Last Phase’, a documentary film depicting the life story of a former female LTTE cadre during the final stages of the humanitarian operation was screened at a function held at the Cinnamon Lakeside Hotel in Colombo on Monday (20) evening.... Read more
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A 48-year-old Sri Lankan Tamil settled in Chennai killed his mother, wife and daughter by slitting their throats before committing suicide by jumping in front of a suburban train near Pazhavanthangal on Tuesday morning. His friends said the man was in debt... Read more
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Union Minister V Narayanasamy today said that only the Congress party is "genuinely" interested in ensuring welfare of the Tamils in Sri Lanka while other political parties in Tamil Nadu were shedding "crocodile tears" on the issue... Read more
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While the Information Department said that attendance to duty by employees at public sector today had exceed 93.5% which was 3.5% more than the average daily attendance, the Trade Unions claimed that today’s general strike was a success.... Read more
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Treasury bill yields remained more or less flat at the second T-bill issue after the policy rate cut by the Central Bank with 12-month bill yields edging up 2 basis points... Read more
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A Darlington firm has signed a £35 million contract to build hundreds of road bridges in Sri Lanka, BBC reported. Cleveland Bridge will design and build the structures in jungle and rural areas of the country... Read more
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At least 91 people, including 20 children, are feared killed by a huge tornado which tore through Oklahoma City suburbs, officials in the US state say.►►►... Read more
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Voicing concern over attacks on Indian fishermen, Chief Minister Jayalalithaa today asked the Centre to take urgent steps for the retrieval of Katchatheevu islet, ceded to Sri Lanka in 1974, besides redrawing the International Maritime Boundary Line... Read more
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The ‘Ravana Balaya’ organisation today handed over a letter to the Buddha Sasana and Religious Affairs Ministry condemning its silence over the recent attack on a Buddhist monk. (Pix by Pradeep Dilrukshana) ... Read more
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A group of ex-Nokia software developers unveiled its first smartphone on Monday, aiming to prove their former employer wrong by making a success of a technology dropped by the Finnish mobile phone maker.... Read more
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Yahoo Inc will buy blogging service Tumblr for $1.1 billion cash, giving the Internet pioneer a much-needed social media platform to reach a younger generation of users and breathe new life into its ailing brand.... Read more
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Israeli troops shot at a target across the Syrian frontier on Tuesday in response to gunfire that struck its forces in the Golan Heights, the Israeli military said.... Read more
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U.S. Secretary of State John Kerry flies to Oman on Tuesday for Raytheon Co's signing of an estimated $2.1 billion arms deal and to consult on Syria and Iran, U.S. officials said.... Read more
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More than 13,000 kilos of ‘Wallapatta’ herbs (Gyrinops walla) worth Rs.200 million used in the manufacture of perfume was recovered from a house in Kolonnawa.... Read more
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A 2-mile-wide (3-km-wide) tornado tore through the Oklahoma City suburb of Moore on Monday, killing at least 51 people while destroying entire tracts of homes, piling cars atop one another, and trapping two dozen school children beneath rubble.... Read more
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The Rs.1.5 billion debenture issue by Singer (Sri Lanka) PLC has been oversubscribed and issue will close at 4.30 pm today as per the Prospectus... Read more
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A substantial decrease in finance costs enabled Lanka IOC PLC (LIOC) to post a net profit of Rs.805.9 million for the three months ended March 31, 2013 (4Q12) as against Rs.42.6 million during the corresponding period of the previous year, interim financials released to the Colombo Stock Exchange revealed... Read more
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Despite generally stronger economic growth achieved by Sri Lanka during the recent past, the International Monetary Fund (IMF) claims that the growth has failed to reduce poverty at a similar pace, particularly in less - developed provinces.... Read more
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Issuing an Economic Alert, Standard Chartered said that they did not see space for further easing in monetary policy, given the inflation risks remaining high. The bank thus expects the current rates to remain stable at least until 1Q’ 2014.... Read more
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Nepal’s first Forbes billionaire, Binod Chaudhary has submitted a proposal worth of US $ 75 million to the Sri Lankan government to set up a stateof-the-art cement plant in the Jaffna Peninsula, a statement issued by Chaudhary’s office said.... Read more
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Crime branch officers in India on Sunday arrested a 35-year-old Sri Lankan, who was an operative of banned outfit Liberation Tigers of Tamil Eelam (LTTE), when he was attempting to catch a flight to Nairobi... Read more
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Twenty four passengers were hospitalised after a private bus plying from Jaffna to Diyatalawa plunged over a precipice in the Ramboda area in Kotmale this morning, Police said... Read more
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The government yesterday requested the working class people not take part in today’s planned- countrywide strike action and asked them not to fall prey to those who were trying to gain political advantage from the action... Read more
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It is horrifying that in this day and age, that this super scientific, all things bright and splendour for one age, that 43 girls were pregnant in a girls school in Kandy area (according to the Sunday Lankadeepa of April 21).... Read more
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An unscheduled mini battle is on in the junior league for“13A” that could change the face of Sri Lanka in 2013/2014. Non-playing captains, Mahinda Rajapaksa and Ranil Wickremesinghe are watching the game from the pavilion cheering respectively... Read more
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TIMWOOD is an acronym for the famous Seven Wastes identified by Toyota, presented in a user-friendly manner by Taiichi Ohno, the then Chief Engineer at Toyota. They are the basics of what we learned in........ Read more
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Today’s protests by the trade unions affiliated to the opposition parties against the government’s decision to up the electricity tariffs from this month would definitely meet with stiff resistance and scorn by the government, its trade union leaders and its media... Read more
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Several groups, including artistes have decided to give their support to tomorrow’s strike campaign demanding that the authorities to rescind the electricity tariff formula. Here an artiste distributes leaflets seeking the public’s support for the strike campaign (Pix by Pradeep Pathirana)... Read more
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Two Japan Maritime Self Defence Force (JMSDF) ships, “Suzunami” and “Kirisame” arrived at the Port of Trincomalee today on a goodwill and supply visit, navy headquarters said.... Read more
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The UNP said today that the government feared the tomorrow’s strike against the electricity tariffs hike and was using various tactics to force the workers to keep away from taking part in the campaign.... Read more
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A brief daily round up of the market activities at Colombo Stock Exchange from Mon-Fri. Check out the day’s top losers, gainers and the fluctuations within the market indices.... Read more
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Janatha Vimukthi Peramuna (JVP) founder Rohana Wijeweera’s daughter Easha was arrested this monring after she was alleged to have assaulted her mother and brother, police said.... Read more
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Sri Lanka's diversified Hayleys PLC reported a net profit of Rs.490.8 million for the final quarter of FY12/13, up 267 percent year-on-year, helped by increased other income gains and a substantial deceleration of net finance costs.... Read more
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A suspect was found hanging in a cell at the Bambalapitiya Police today. Police said the suspect had been arrested yesterday on charges of having stolen vehicle spare parts.... Read more
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Ahead of the World Crocodile Conference to be held in Sri Lanka from May 20 to 23, crocodile experts held a training campaign for veterinary surgeons at the Dehiwala Zoo last Sunday. The experts taught them how to handle crocodiles when they were brought for treatment. Pix by H.M. Dharmapala... Read more
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Premier blue chip John Keells Holdings saw its market capitalization surpassing US $ 2 billion today for the first time amid sharp price gains, the Colombo Stock Exchange (CSE) provisional data showed.... Read more
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The body of a businessman had been found with burn injuries from the garden of his residence in Thalwatta, Kelaniya today, the Police said.... Read more
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Nepal's first Forbes billionaire, Binod Chaudhary has submitted a proposal worth of US $ 75 million to the Sri Lankan government to set up a state-of-the-art cement plant in Jaffna Peninsula, a statement issued by Chaudhary's office said.... Read more
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Allianz continued its upward growth trajectory in the first quarter of 2013, achieving a profit before tax of Rs.85 million, a 5 percent increase over last year.... Read more
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The depression in the Bay of Bengal will result in heavy rains in several parts of Sri Lanka, the Meteorology Department said today.►►►... Read more
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A retired Assistant Superintendent of Police was today remanded till June 3, by the Colombo Fort Magistrate on charges of having swindled several job seekers of millions of rupees on the promise he would find them overseas jobs.... Read more
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Protests by the fishermen community and political parties have yielded result with the Sri Lankan government ordering the release of the 26 Karaikal fishermen on Monday. ... Read more
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Two brothers were drowned while they were bathing in Deduru Oya in Pallama-Wathupola yesterday, police said.... Read more
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Eelam People’s Democratic Party (EPDP) leader Minister Douglas Devananda, an advocate of the 13th Amendment to the Constitution, yesterday said the delegation of land and police powers to the provincial councils should be held back for the time being when constituting to the Northern Provincial... Read more
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With the first generation of tax reforms failing to generate intended revenues, International Monetary Fund (IMF) has urged authorities to bring about second generation of tax reforms focused on broadening the tax base through improved administration.... Read more
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Amid ship owners shifting survival mode, smaller ship yards filing for bankruptcy and the damp general global economic outlook, Colombo Dockyard PLC, a Sri Lankan listed ship building and repair firm saw its net profit plunging as much as 55 percent to Rs.337.4 million in 1Q’13 over the same quarter... Read more
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Iraq, a leading buyer of Sri Lankan tea has urged authorities to strengthen the process with regard to the packaging, certification and shipping of teas to avoid adulterated tea reaching Iraq.... Read more
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When a bunch of kids who had never seen the blue sky or the sun light sang the children’s nursery rhyme “Nil Ahas Thale Agei” I couldn’t stop thinking about the irony trapped in that situation. “Was ‘life’ mocking those children,” I thought to my self,... Read more
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