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[Last Updated = Mon, Dec 10, 2018, 11:44 am SL Time]
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Sri Lanka President ready to accept the top court verdict with respect

Dec 10 (CP) Colombo- Sri Lanka President Maithripala Sirisena says he will accept the Supreme Court's verdict with respect and take future political decisions accordingly in the best interest of the country. "I look forward to the constitutional interpretation of the Supreme Court, whatever it may be, I will take future political decisions accordingly, to the best interest of our motherland, not to the benefit of any person, group or party," the President said yesterday.
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LEGAL - SITUATION

Dec 10 (CP) Colombo- A Fundamental Rights petition filed before Supreme Court challenging Speaker Karu Jayasuirya's decision to convene parliament while the court has issued an injunction. Attorney Aruna Laksiri filed the petition in the apex court
 

Dec 10 (Island) A group of police investigators left for Hong Kong, on Saturday night, in a bid to retrieve some deleted parts of voice recordings in the mobile phone of Namal Kumara, who has alleged that former Director of the Police Terrorism Investigations Division (TID) Nalaka de Siulva conspired to assassinate President Maithripala Sirisena and former Defence Secretary, Gotabaya Rajapaksa, according to Police Media Spokesperson, SSP Ruwan Gunasekera.
 

Dec 10 (DN) Three individuals, who had sustained severe cut wounds, were found near a transformer on Theppanawa Road yesterday night. Two persons have been hacked to death in Goraka Ela on the Panadura-Ratnapura road.
 

Dec 09 (CP) Colombo- The police have seized a cache of weapons and a large stock of ammunition hidden in a house in Beruwela on Sunday and arrested two people with regard to the weapons. The Kalutara Police Division law enforcement unit has seized 13 firearms and thousands rounds of ammunition from the house of a businessman in Beruwela area.
 

Dec 09 (CP) Colombo- Senior Superintendent of Police (SSP) in charge of Jaffna Police division W S E Jayasundera has been appointed as the new Director of Terrorism Investigation Division (TID) of police. IN addition to the TID, SSP Jayasundera has also been appointed as the Director of the Ministerial Co-ordination Division.
 

Dec 09 (CP) Colombo- Three persons have died in two separate road accidents in Mount Lavinia and Ratmalana when a drunk motorist ran over several vehicles. Police say seven others including two children sustained injuries in the accidents.
 

More : LEGAL - SITUATION
* Magistrate remands mother who starved her 3 children (9 - Island)
* Monks, residents protest over last week’s assault on monk (9 - ST)

NEWS - HIGHLIGHTS

Dec 09 (CP) Colombo- A motion to summon five Secretaries to Ministries before parliamentary committees for questioning has been handed over to the Speaker of House, Parliamentarian Patali Champika Ranawaka said.
 

Dec 09 (ST) The plaque which acknowledged the contribution of late Prime Minister, D.S. Senanayake, and the opening of the renovated Iranamadu Tank in 1954 by then Agriculture Minister Dudley Senanayake has been completely destroyed and replaced with a plaque bearing the name of President Maithripala Sirisena.
 


FINANCE - TRAVEL

Dec 10 (DN) LAUGFS Power Ltd a subsidiary of LAUGFS Gas PLC, will invest a further Rs. 3.5 billion until 2020 to add 20 MV of solar power to the national Grid. LAUGFS Power engaged in renewable energy solutions with mini hydro power (since 2014)
 

Dec 10 (Island) Sri Lanka’s stock market bellwether John Keells Holdings (JKH) has seen its stock price rise sharply since the start of Sri Lanka’s constitutional crisis. JKH stock touched multiyear lows of Rs126/share weeks before the October 26th start of Sri Lanka’s political turmoil.
 

Dec 10 (DM) The Sweden-based global asset management company, Tundra Fonder’s Tundra Sustainable Frontier Fund in its latest update has said that an early election would be clearly positive for Sri Lanka’s stock market.
 

Dec 10 (VOA) The month of December usually marks the beginning of tourism season in Sri Lanka. Visitors come to the Indian Ocean island nation to enjoy its beaches, historic places, interesting nature and tasty food.
 

Dec 10 (ECONOMYNEXT) Sri Lanka's forex reserves dropped by 884.9 million US dollars in November 2018, to 7,018.38 million dollars in November amid a statutory reserve cut and more liquidity injections, official data show.
 

Dec 09 (CP) Colombo- Tea production in October gained by 3.9 million kilos or 15% to 29.6 million though the first 10 months figure was down marginally by 2% to 253 million kilos. Forbes and Walker Tea Brokers said all elevations have shown a growth year-on-year (YOY) growth
 

More : FINANCE - TRAVEL
* SL’s rubber industry has hit an all time low – CRTA Chariman (9 - Island)
* Huge LNG contract deadline now extended after ST exposure (9 - ST)
* Sri Lanka doesn’t produce cheap garments - JAAF (9 - SO)

POLITICS - GENERAL

Dec 10 (CP) Colombo- The strike launched by tea estate workers demanding the plantation companies to increase their basic daily wage up to Rs. 1000 continued for the seventh day today throughout the estate sector.
 

Dec 10 (Island) Sri Lanka Muslim Congress (SLMC) leader Rauff Hakeem has called for fielding someone young from the UNP as a common candidate at the next presidential election.
 

Dec 10 (DM) Ven. Ittepane Dhammalankara Thera, the Mahanayake of the Kotte Parshwaya of the Kalyani Dharma Gree Maha Sanga Sabha told Sri Lanka Podujana Peramuna leader Mahinda Rajapaksa that Sri Lankans who are a part of a great history cannot accept the ugly incidents that took place recently within the chamber of the Parliament.
 

Dec 10 (DM) Former Sri Lanka Freedom Party (SLFP) Central Province Minister Thilina Bandara Thennakoon today met with UNP Leader Ranil Wickremesinghe and obtain membership of the UNP.
 

Dec 10 (Art Daily) LOS ANGELES, CA.- The Los Angeles County Museum of Art is presenting The Jeweled Isle: Art from Sri Lanka, the first comprehensive survey of Sri Lankan art organized by a U.S. museum.
 

Dec 09 (CP) Colombo- Sri Lanka's Marxist party, Janatha Vimukthi Peramuna (JVP) says the current parliament has no legitimacy to govern the country since any party that gets the majority 113 in Parliament would do so by bribing.
 

Dec 09 (SLG) President Sirisena is playing a desperate game of bluff and brinkmanship. He is bluffing when he gives deadlines to resolve the current state of legal non-government and the standoff between himself and the legislature.
 

Dec 09 (ER) The Supreme Court was presented with a relatively simple case when entities which did not approve the dissolution of Parliament challenged President Sirisena's proclamation.
 

More : POLITICS - GENERAL
* 100% increase in basic daily wage not sustainable (9 - Island)
* Plantation workers’ strike continues (9 - SO)
* Sri Lanka heads for government shut down as crisis drags (9 - EN)

SPORTS

Dec 10 (BBC) Afghan Football Federation president Keramuddin Keram has been suspended while allegations of sexual abuse of members of the women's national team are being investigated. Allegations have been made by several former players and Kelly Lindsey, the American former head coach of the team.
 

Dec 10 (ESPNCI) The offspinner William Somerville, who played a starring role on debut as New Zealand beat Pakistan last week, has not been included to play the upcoming home Test series against Sri Lanka. The 13-man squad that was announced on Monday had only one slow bowler in it - Ajaz Patel, who claimed a five-wicket haul in a dramatic four-run victory in Abu Dhabi last month.
 

Dec 09 (DNA) New Zealand cricket coach Gary Stead has a conundrum ahead of him as he mulls over the selection of a spinner for the first test against Sri Lanka, with only one likely to be picked. Stead and his team returned to New Zealand on Sunday after wrapping up a rare away series victory against Pakistan in the United Arab Emirates
 

Dec 09 (ESPNCI) The two teams playing in the last ODI series of 2018 have much left to do, even if it is just three matches. For Bangladesh, it will be an opportunity to finish another strong calendar year in this format, particularly since their resurrection in 2015. Their opponents in the three-match ODI series starting on Sunday are West Indies
 


WORLD

Dec 10 (BBC) Theresa May is set to hold a series of private meetings with backbench MPs as she bids to win support for her Brexit deal before Tuesday's historic vote. The withdrawal agreement has been endorsed by EU leaders but now needs Parliament's backing.
 

Dec 10 (BBC) French President Emmanuel Macron is set to meet trade unions and employers' organisations, in a bid to defuse weeks of unrest in Paris and other cities. Monday's meeting comes ahead of a TV address in which he is expected to announce measures in response.
 

Dec 10 (BBC) US singer Beyoncé has performed as part of the lavish festivities at the latest extravagant Indian celebrity wedding. Isha Ambani, the daughter of India's richest man, is tying the knot with Anand Piramal, son of another Indian billionaire, this week.
 

Dec 10 (BBC) Roger, a kangaroo who won global fame for his enormous size and impressive physique, has died at the age of 12. The roo was rescued as a joey after his mother was killed in a car accident, and grew up at the Kangaroo Sanctuary in Alice Springs in Australia.
 


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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