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[Last Updated = Sat, Jan 28, 2012, 01:28 pm SL Time]
TOP STORY
Oman to help Sri Lanka on oil and gas needs

Jan 27 (CP) Colombo- Sultanate of Oman has assured that it was prepared to help Sri Lanka to meet its gas and oil needs in the event of a fuel crisis brought on by the United States sanctions on Iran's oil exports. In a discussion with Sri Lanka's Petroleum Industries Minister Susil Premajayantha Thursday, Petroleum Minister of Oman Dr. Mohamad Bin Hamad Al-Rumhi who is on a two-day official visit to Sri Lanka has assured that his country is ready to support Sri Lanka to avert a fuel crisis. An Omani delegation led by the Minister Al-Rumhi arrived in Colombo Thursday (26) to explore the investment opportunities in Sri Lanka.

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SECURITY - SITUATION

Sri Lankan visa applicant for UK arrested
Jan 28 (CP) Colombo- A Sri Lankan visa applicant was arrested for using deception and counterfeit documents to apply for a UK visa on 9 January, 2012, the British High Commission said in a press release Friday. According to the release, the visa applicant was referred by the UK Border Agency to CID police in Colombo.

Government not interested in resolving ethnic issue, Sri Lanka Marxists say
Jan 28 (CP) Colombo- Sri Lanka's Marxist party Janatha Vimukthi Peramuna (JVP) says government was not interested in finding a political solution to the ethnic issue and wanted it to continue to avoid other key issues. JVP politburo member, K.D. Lalkantha said the government wanted the matter of finding a political solution to the ethnic issue to continue in order to avoid addressing issues faced by the people.

3G phones recovered from the prison cells of the LTTE suspects in Sri Lanka
Jan 28 (CP) Colombo- Prison officials of Sri Lanka's main Welikada Prison in Colombo have recovered two 3G mobile phones from the prison cells where the hardcore Liberation Tigers of Tamil Eelam (LTTE) suspects were detained.

GoSL under pressure to allow poaching, Fifty six TN fishermen, eight boats freed in Jan.
Jan 28 (Island) The government is under heavy Indian pressure to turn a blind eye to poaching by the Tamil Nadu fishing fleet not only in the Palk Bay but in Sri Lanka’s eastern territorial waters as well. India strongly opposes those arrested by the Sri Lankan Navy being produced in court, The Island learns.

69 arrested for gambling in Colombo
Jan 28 (DM) The Colombo Crime Division (CCD) arrested 69 persons who were gambling inside a bar situated in Union Place last night. The raid was carried out by several police teams after the CCD obtained a search warrant from the Fort Magistrate.

Maximum punishment for prison rioters - minister
Jan 28 (DN) Rehabilitation and Prisons Reforms Minister Chandrasiri Gajadeera yesterday said that maximum punishment could be given to those who are responsible for the clashes that took place at the Magazine prison, with the release of an interim report.

Sri Lanka Navy rescues distressed Indian fishermen, arrests 5 for illegal fishing
Jan 27 (CP) Colombo- Sri Lanka Navy has again come to the aid of four Indian fishermen distressed in the seas off the northern coast of Jaffna Peninsula. The Navy said the Naval Fast Gunboat 'SLNS Edithara II ' attached to the Northern Naval Command rescued four Indian fishermen stranded in the seas north-west of Delft on 26th January 2012.

Sri Lanka government takes new measures for effective administration of prisons
Jan 27 (CP) Colombo- In a measure to reform the prison administration, Sri Lanka Ministry of Rehabilitation and Prison Reforms has decided to transfer prison officials in every three years. The Minister of Rehabilitation and Prison Reforms Chandrasiri Gajadeera said that only the prison officials that excelled in administration would be given an extension for another year.

Sri Lanka Lawyers association condemns violation of fundamental rights of citizens by the government
Jan 27 (CP) Colombo- A lawyers' association in Sri Lanka has condemned what it terms as tactics used by the government and its agents to disregard the fundamental rights of a citizens to conduct peaceful protests in the country. Lawyers for Democracy (LfD) has urged the Sri Lankan government to respect the Right to Peaceful Assembly.

Sri Lankan man caught selling meat of an endangered leopard
Jan 27 (CP) Colombo- Sri Lanka police have arrested a man who was selling the meat of a leopard, an endangered animal in Sri Lanka. The police caught the suspect with the meat and he possessed the skin of the slain animal which he was planning to sell as well.

Two prison officials and eight drug dealers behind Sri Lanka's prison riots
Jan 27 (CP) Colombo- Investigations following the riots and arsenal in Sri Lanka's Magazine remand prison have revealed that two prison officials and eight major drug dealers were involved in the riots. The prison officials include one overseer and a prison guard. They are suspected of planning the riot aiming to oust the Superintendent of Prisons Emil Ranjan who acted against drugs and other crimes in the prison.

Tamil MP doubts LLRC implementation
Jan 27 (BBC) Sri Lanka government has no intention to implement the recommendations of the presidential war panel, says a young Tamil government MP. Journalist turned politician Sri Ranga told BBC Sandeshaya that the government should implement panel's all recommendations including a special investigation into alleged war crimes by certain elements of the military.

UN role for Sri Lanka ex-army General Shavendra Silva
One of Sri Lanka's most controversial diplomats, an ex-army commander, has got a senior post advising the UN secretary general, the government says. Major General Shavendra Silva, Sri Lanka's deputy ambassador to the UN, is the subject of a lawsuit in the US accusing him of war crimes.

More : SECURITY - SITUATION
* Woman fined for assisting brothel operation (27 - DM)
* Some scribes on LTTE payroll – govt. (27 - Island)
* LLRC implementation getting off to good start (27 - DN)
More : SECURITY - SITUATION

NEWS - HIGHLIGHTS

Sri Lanka's water consumption is excessive - Environment Minister
Jan 28 (CP) Colombo- Environment Minister of Sri Lanka Anura Priyadarshana Yapa says the country's current excessive consumption of water would make it a highly expensive commodity in the near future. Yapa has said that water management also plays a key role in bringing about economic progress.

Sri Lanka donates US$ 50,000 to the Philippines for flood victims
Jan 28 (CP) Colombo- As a gesture of goodwill Sri Lanka has donated US$ 50,000 to the Philippine Government to assist that country's disaster relief operations following the disastrous flooding caused by the Typhoon Washi last month.

Five-kilowatt solar powered system to be installed in Sri Lanka President's house
Jan 28 (CP) Colombo- Sri Lanka's state owned Lanka Electricity Company (LECO) has taken steps to install a solar power system in the Presidents' official residence Temple Trees. The electricity generation by the solar powered system will commence next week.

Sri Lanka allocates Rs. 500 million for coast conservation
Jan 28 (CP) Colombo- Sri Lanka Coast Conservation Department says that the government has allocated Rs. 500 million to implement measures to strengthen the coastal safety and to prevent the sea erosion. The Department has planned to establish ten coastal parks in Western, Southern and Eastern coasts of the country.

Sri Lanka President committed to safeguard country's sovereignty
Jan 27 (CP) Moneragala- Sri Lankan President Mahinda Rajapaksa says he is committed to safeguard the country's sovereignty and he will not hesitate to take any decision to protect the people and the country from any threat.

Sri Lanka, Indonesia target US$ 1 billion trade by 2015
Jan 27 (CP) Colombo- During the Joint Commission meeting of Sri Lanka and Indonesia held Thursday the two countries have resolved to increase the bilateral trade to reach a target of US$ 1 billion within the next three years.


FINANCE

Ceylon Petroleum Corporation to resume bunkering
Jan 28 (CP) Colombo- Sri Lanka's petroleum authority Ceylon Petroleum Corporation (CPC) plans to resume bunkering operations which it stopped in 2008. Under a court ruling in 2008 that ordered the bunkering services to be handed over to the Sri Lanka Port Authority, CPC lost the income it received from bunkering.

Sri Lanka comes out strong in Washington GSP hearings, says ministry
Jan 28 (Island) Sri Lanka presented a strong case at the US GSP hearing held on January 24 lobbying for GSP relief. "We presented a strong case in favour of us, and we believe the final decision is pending subjected to another submission," announced Rishad Bathiudeen, Minister of Industry and Commerce of Sri Lanka on 27 January.

John Keells Holdings profits up
Jan 28 (DN) John Keells Holdings PLC Chairman Susantha Ratnayake in his message of the interim report nine month period ended December 31, 2011 stated that the group revenues of Rs 21.14 billion and Rs 54.27 billion

Sri Lanka's post-harvest wastage figures exaggerated, research points out
Jan 27 (CP) Colombo- Sri Lanka's Hector Kobbekaduwa Agrarian Research and Training Institute says that the post-harvest wastage figures for fruit and vegetable production are exaggerated. The Director of the institute Lalith Kantha Jayasekara said the institute had conducted an island wide research in economic centers and other market places.

Drought in Sri Lanka's wet zone affects tea production
Jan 27 (CP) Colombo- Sri Lanka tea industry sources say that the prevailing severe drought has affected the tea cultivation and production. Tea cultivating districts of Ratnapura, Kalutara and Galle in the wet zone have not received any rain for several weeks.

HSBC to Tap Sri Lanka Corporate Demand for Global Debt Sales
Jan 27 (Bloomberg) HSBC Holdings Plc, Europe’s biggest bank, plans to expand sales of debt issued by Sri Lankan companies to investors abroad as the island’s resurgent economy boosts demand for financing. The lender is targeting the country’s financial firms and the tourism industry with overseas dollar bonds and syndications, according to Nick Nicolaou, who heads HSBC’s Sri Lanka operations.

Oman says willing to sell crude oil to Sri Lanka
Jan 27 (Reuters) Oman is willing to sell crude oil to Sri Lanka, which is scrambling to find an alternative to its threatened primary supply from Iran, Oman's oil minister said on Friday.

EXCLUSIVE - Oman may help Sri Lanka if Iran oil sanctions bite
Jan 27 (Reuters) Oman may sell oil to Sri Lanka in the event of a crisis, which the island nation is racing to avert with U.S. sanctions on Iranian crude threatening its primary refining supply, Sri Lankan officials told Reuters on Friday.

Sri Lanka stocks extend rally on banks, hotels
Jan 27 (Reuters) COLOMBO- Sri Lanka's share market extended its rally with a more than 2 percent gain on Friday as investors snapped up risky assets after market heavyweight and bellwether John Keells Holdings CM> posted strong earnings.

Sri Lanka to Have 25 Million Mobile Subscriber Connections in 2015
Jan 27 (BW) Mobile Operator Forecast on Sri Lanka provides key operational and financial metrics for Sri Lanka's wireless market and is one of the best forecasts in the industry. We provide five-year forecasts at the operator level going out to 2015.

More : FINANCE
* Stable outlook for Sri Lankan banks (27 - Reuters)
* Zero exchange rate flexibility lessens control over economy (27 - Island)
* Richard Pieris in major expansion drive (27 - DN)
* Sri Lanka Watawala Plantations December net down 39-pct (27 - LBO)
More : FINANCE

POLITICS - GENERAL

Sri Lankan government giving large stake in development projects to China - UNP MP
Jan 28 (CP) Colombo- Sri Lanka's main opposition United National Party (UNP) says the government is to give a stake in Chinese funded development projects to the government of China in lieu of the monies needed to be paid for loan payments.

Sri Lanka opposition leader to meet Buddhist religious leaders today
Jan 28 (CP) Colombo- Sri Lanka major opposition United National Party (UNP) leader Ranil Wickremasinghe will meet the chief prelates of the Malwatte and Asgiriya Chapters of Siyam sect today. The two leading Buddhist monks issued a joint statement in December last year urging Wickremasinghe to step down

Sri Lankan doctors migrating in search of proper pay
Jan 28 (CP) Colombo- Government medical officers in Sri Lanka warn that the country is facing the risk of losing the services of many doctors due to the failure to provide them with their due allowances and other perks.

Petition filed in Sri Lanka Supreme Court seeking withdrawal of controversial A/Level results
Jan 28 (CP) Colombo- A petition has been filed in the Supreme Court of Sri Lanka seeking the withdrawal of the controversial 2011 GCE Advanced Level examination results and the release of fresh results. The petition was filed by the Ceylon Teachers' Union (CTU) and 16 students who have sat for the A/Level examination last year.

ormer minister alleges East denied opp. to meet Kalam
Jan 28 (Island) Former Minister A. R. Mansoor told The Island that the people of the Eastern Province were saddened by the failure of the Indian HC to arrange a visit to the EP by former President Dr. A. P. J. Kalam. Munsoor said that University students and academics in the East had expected the Indian leader to visit the EP.

TNA welcomes international mediation for future negotiations
Jan 28 (DM) In the backdrop of a deadlock in talks between the government and the Tamil National Alliance (TNA), the TNA said yesterday that they would welcome an international mediation at this time to facilitate future negotiations. At a recent meeting with Dr. Alyssa Ayres, the Deputy Assistant Secretary of State for South and Central Asian affairs, TNA MP Selvam Adaikkalanathan and P. Sritharan called for a facilitator role by the US in this respect.

Economic development, our aim
Jan 28 (DN) "Whatever the obstacles, we shall not delay opportunities for economic development’, President Mahinda Rajapaksa asserted yesterday. The President noted the above at a ceremony held in Moneragala where land deeds were handed over to more than 10,000 landless families in the Uva Wellassa area, thereby granting legal ownership of the lands they were residing in.

Sri Lanka suspends heart drug imported from Pakistan
Jan 27 (CP) Colombo- Sri Lanka's Ministry of Heath has temporarily suspended the sale and used of a heart drug imported from Pakistan for safety reasons following the reports of recent deaths from a heart drug in Pakistan.

Nearly half of the students took Sri Lanka's most competitive examination apply for re-correction
Jan 27 (CP) Colombo- Sri Lanka's Commissioner General of Examinations W.M.N.J. Pushpakumara says that the Department of Examination Commissioner has received 147,000 applications for re-correction of results of the 2011 G.C.E. Advanced Level examination.

Sri Lanka student union forms platform to protect the free education system
Jan 27 (CP) Colombo- The Inter University Students' Federation (IUSF) of Sri Lanka has formed a platform consisting of university lecturers, intellectuals, students and trade unions to safeguard the free education system in the country.

Sri Lanka to impose traffic laws strictly to prevent driving with garage numbers
Jan 27 (CP) Colombo- The Motor Traffic Commissioner's Department of Sri Lanka has decided to strictly implement the laws against driving unregistered vehicles with garage numbers. Commissioner of Motor Traffic, Lalith Dharmapriya said that only imported vehicles that are being driven from the port to the car sales outlets can bear the garage number.

Sri Lanka plans to hold the 2014 UN Youth Conference, seeks China's help for official UN endorsement
Jan 27 (CP) Colombo- Sri Lanka cabinet has given its approval to host the United Nations World Youth Conference in 2014. Acting on a proposal put forward by the Minister of Youth Affairs and Skills Development Dullas Alahapperuma, the cabinet has given its approval to obtain official UN endorsement and to use other diplomatic missions abroad to implement the global process for this conference, Media Minister Keheliya Rambukwella said Thursday.

Program to bring expatriate Sri Lankan doctors back to country
Jan 27 (CP) Colombo- The Sri Lanka Medical Association (SLMA) plans to launch a program to draw the medical doctors who have left country for overseas opportunities, the newly elected president of the Association Prof. Vajira Dissanayake has said. Prof. Dissanayake said SLMA, the oldest professional medical association in Sri Lanka, will establish branches in countries across the globe to bring together the expatriate medical professionals.

Lanka needs global support on reconciliation process: EU MPs
Jan 27 (PTI) Colombo- Lawmakers of the European Parliament (MEPs) have underlined the need for Europe to be more supportive of Sri Lanka's reconciliation and reconstruction process "rather than constant harassment", amid global pressure on the government to address alleged human rights violations. A group of European Parliament members (MEPs) led by Geoffrey Van Orden said Europe needs to be more supportive of Sri Lankan post-conflict reconciliation and reconstruction, "rather than constant harassment".

Sri Lanka's police horses stand the test of time
Jan 27 (Xinhua) COLOMBO- A tall chestnut gelding called Alex, gazes majestically at the traffic as it flows past the busy capital roads in Sri Lanka, a member of the Police Mounted Division it is a symbol of a colonial tradition that has survived the test of time.

More : POLITICS - GENERAL
* GMOA objects to reduction of pass mark (27 - DM)
* Govt. willing to devolve land powers but wants police under Centre (27 - Island)
* Govt has not decided deadline for PSC activities - Minister (27 - DN)
More : POLITICS - GENERAL

SPORTS

Sri Lanka not complacent about India in tri-series
Jan 27 (Hindu) The new Sri Lankan cricket captain, Mahela Jayawardene, has said that his team will not be complacent about India because of its current run in tests in Australia. Speaking just ahead of the team’s departure to Australia, where Sri Lanka will join India and Australia for a triangular one day series, he recalled that in the last India – Sri Lanka encounter in the finals of the last ODI World Cup, Sri Lanka had lost.

More : SPORTS

Sri Lanka chief defends Marsh sacking
Jan 27 (TOI) COLOMBO- Sri Lanka's cricket chief on Friday defended the sacking of Australian coach Geoff Marsh and the selection of a new team captain, saying the changes would help usher in a new era of "cricketing excellence". "We will reap the benefits of these changes in the fullness of time," Sri Lanka Cricket president Upali Dharmadasa said in statement.

I took up the captaincy for one year - Jayawardene
Jan 27 (ESPNCI) Mahela Jayawardene, Sri Lanka's new captain, has said his second term will be for a year at most and that his priority is to rebuild the team following a string of defeats in Tests and ODIs after the 2011 World Cup. The tri-series in Australia, involving the hosts and India, will be Jayawardene's first assignment after taking over the leadership from Tillakaratne Dilshan.

Lankan team criticized over poor performance without being given chance to explain: Jayawardene
Jan 27 (NK) Colombo- Sri Lanka skipper Mahela Jayawardene has said that immense pressure had been mounted on the team after its dismal show, adding that they were criticized without having been given an opportunity to explain their point of view. Sri Lanka, runners-up in this year's World Cup, lost the Test and One-Day International series against South Africa, Australia, Pakistan and England and have also been hit by the resignation of Captain Tillakaratne Dilshan, while the country's cricket board sacked Coach Geoff Marsh in a bid to turn around the team's fortunes.


WORLD

India is committed to deepening ties with Nepal: Envoy
Jan 27 (TOI) KATHMANDU- India today underlined its commitment to Nepal's economic development and will take into account each other's concern, sensitivity and interests. Indian Ambassador to Nepal Jayant Prasad said India has long been a partner of Nepal and is committed to deepening and diversifying its development partnership.

More : WORLD

Border Violence Tests Fragile Peace on India-Bangladesh Frontier
Jan 27 (TIME) A video clip showing a Bangladeshi man being beaten by Indian guards is testing the fragile peace on what has been called one of the world’s bloodiest borders. The footage, which was released on YouTube, shows an alleged cow smuggler being stripped and beaten by guards somewhere along the 1300-mile frontier that abuts the Indian state of West Bengal.

Pervez Musharraf postpones Pakistan return, aide says
Jan 27 (BBC) Former President Pervez Musharraf has decided to postpone his return to Pakistan, one of his aides says. Mr Musharraf had previously vowed to end his self-imposed exile and fly back to Pakistan by the end of this month to revive his political career. He faces arrest on arrival as he is accused of failing to provide adequate security for former PM Benazir Bhutto ahead of her assassination in 2007.


About Sri Lanka ::-
Introduction to Sri Lanka ::-

Sri Lanka is a beautiful island paradise in the Indian Ocean with white sandy beaches lush greenery, exciting adventures, amazing wildlife, cascading waterfalls and a rich heritage. The island of Sri Lanka is roughly pear-shaped. The total area of Sri Lanka is 65,610 sq km. Sri Lanka’s coastline is about 1,340 km (about 833 mi) around.

The people in Sri Lanka are warm and friendly. Sri Lankans are known for hospitality in all over the world. People in Sri Lanka ethnically fall into four main categories. The population of Sri Lanka is about 20 million. Sri Lanka has a tropical climate. Sri Lanka has a democratic government. Sri Lanka is mainly an agricultural country. Colombo is the commercial capital of Sri Lanka. Sri Lanka gained independence in 1948. Sri Lanka was known as Ceylon.

In the nineteenth and twentieth centuries, Sri Lanka became a plantation economy, famous for its production and export of cinnamon, rubber and Ceylon tea, which remains a trademark national export. By 1996 plantation crops made up only 20% of export, and further declined to 16.8% in 2005 (compared with 93% in 1970), while textiles and garments have reached 63%. The GDP grew at an average annual rate of 5.5% during the early 1990s, until a drought and a deteriorating security situation lowered growth to 3.8% in 1996. The economy rebounded in 1997-2000, with average growth of 5.3%.

Sri Lanka, with an income per head of $1,350, still lags behind some of its neighbors including Maldives and Mauritius but is ahead of its giant neighbor India. Its economy grew by an average of 5% during the 1990s during the 'War for Peace' era. According to the Sri Lankan central bank statistics, the economy was estimated to have grown by 7% last year, although inflation had reached 20%.

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