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[Last Updated = Tue, Sep 23, 2014, 09:27 pm SL Time]
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Sri Lanka calls for developed nations to help the developing to reduce impact of climate change

Sept 23 (CP) New York- Pointing out that the health of the global environment today is in need of serious attention, Sri Lanka today called for the developed nations to financially support the developing nations to reduce the dangers posed by the climate change. Addressing the world leaders at the U.N. Climate Summit today in New York, Sri Lankan President Mahinda Rajapaksa said the danger posed by climate change is a current emergency and the challenge is universal and must be addressed collectively and multi-dimensionally
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SECURITY - SITUATION

Sept 23 (CP) Jaffna- A batch of 500 northern youth recruited to the Sri Lanka Army Volunteer Force (SLAVF) completed their three-month long training and passed out in a colorful ceremony on Saturday (20) at the Sri Lanka Electrical and Mechanical Engineers (SLEME) grounds at Kankasanthurai, Jaffna. (Sri Lanka Army Photo)

Sept 23 (Island) The JVP yesterday said that houses of its candidates and its election offices had been attacked allegedly by the UPFA supporters in the Uva Province after the release the results of Saturday’s PC polls. Armed with clubs and axes the goons had come in pick-up trucks, Moneragala District JVP Team Leader for the Uva Provincial Council Election R. M. Jayawardena told The Island.

Sept 23 (DM) The Presidential Commission on Missing Persons has completed investigations into 1,000 complaints concerning missing persons, a commission spokesman said yesterday.

Sept 22 (CP) Colombo- The Illankai Tamil Arasu Kachchi (ITAK), the main constituent of Sri Lanka's Tamil political party, Tamil National Alliance (TNA) today in an affidavit to the Supreme Court affirmed that neither the ITAK nor the TNA will seek a separate state within the territory of Sri Lanka.

Sept 22 (CP) Hali-Ela- Supporters of Sri Lanka's ruling United People's Freedom Alliance (UPFA) and the main opposition United National Party clashed today in the Hali-Ela in the Badulla district of the Uva Province.

Sept 22 (Rediff) The recent arrest of Sri Lankan Tamil national Arun Selvarajan by the National Intelligence Agency in Chennai may have exposed the sheer audaciousness – or, utter stupidity -- of Pakistani ISI operations in southern India.

More : SECURITY - SITUATION
* HRC Director killed, three others seriously injured in accident (22 - Island)
* Jumbo attacks farmer leaving for lunch (22 - DN)
* Kudu Ruwan arrested (22 - DM)
More : SECURITY - SITUATION

NEWS - HIGHLIGHTS

Sept 23 (CP) Colombo- Sri Lanka's main opposition United National Party (UNP) has appointed the Hambantota district parliamentarian Sajith Premadasa as the Deputy Leader of the party. Leader of the UNP Ranil Wickremasinghe proposed to appoint Premadasa to the deputy leader post, a post he once held, at the party's 68th annual convention at Passara on September 6.

Sept 23 (CP) Geneva- While commending the Sri Lankan government for the progress it made in the resettlement and reconstruction, the United Nations High Commissioner for Human rights says a that a more fundamental and far-reaching accountability process in Sri Lanka is needed to achieve reconciliation between communities.

Sept 23 (CP) Colombo- Sri Lanka's Central Bank has decided to maintain current policy interest rates but limited access to OMO participants to its Standing Deposit Facility Rate (Repurchase Rate) to encourage to lower the interest rates.


FINANCE

Sept 23 (CP) Colombo- Sri Lanka and Bangladesh have started exploring the possibility of a free trade agreement as the bilateral trade between the two countries increased by 67 percent, the Ministry of Industry and Commerce said Monday (September 22).

Sept 23 (Island) The services sector is remaining dominant in the Lankan economy by contributing 58 percent to the country’s economic output in the second quarter of 2014 (April, May,June), estimates of national accounts for the 2nd quarter of 2014, released by the Department of Census and Statistics of the Ministry of Finance and Planning reveal.

Sept 23 (DM) Commercial Leasing and Finance PLC (CLC), LOLC's subsidiary acquired the controlling stake of 56.3% in BRAC Lanka Finance Company PLC (BLFC). Completing the transaction with BLFC's previous owner, CLC bought the balance held by BRAC consolidating its position at 59.33%.

Sept 23 (DM) Sri Lanka’s confectionary manufacturers charged the government that the existing tax policy is virtually killing the local industry and as a result, the manufacturers are losing the export competitiveness in the international market place.

Sept 22 (CP) Colombo- The U.S. Embassy and the American Chamber of Commerce Sri Lanka (AmCham) are jointly organizing a U.S. Trade Show to be held on September 29th at the Hilton Residence, Colombo.

Sept 22 (Reuters) Sri Lankan stocks gained for the fifth session on Monday to touch their highest in more than three years, led by banking and diversified stocks on bullish sentiment due to lower interest rates, higher foreign fund buying and positive economic outlook.

More : FINANCE
* Sri Lanka rupee steady on dull trade; seen flat until 2015 budget (22 - Reuters)
* Sri Lanka cbank seen keeping key rates at multi-year lows on Tuesday (22 - Reuters)
* HSBC's Jayant Rikhye in Sri Lanka on a two-day visit (22 - Island)
* Sri Lanka can benefit from FTA with Indonesia _ Biala (22 - DN)
* Eight Young Sri Lankans to represent Sri Lanka at Spikes Asia 2014 (22 - DM)
More : FINANCE

POLITICS - GENERAL

Sept 23 (CP) Colombo- Sri Lanka's main opposition United National Party (UNP) Gampaha district parliamentarian Ruwan Wijewardene has decided to resign from his post of UNP National Youth Front (NYF) Chairman.

Sept 23 (CP) New York- Sri Lankan President Mahinda Rajapaksa arrived in New York City Monday afternoon to participate in the United Nations General Assembly (UNGA) that is taking place this week.

Sept 23 (Island) The UNP is seriously concerned about its failure to secure Passara, where the party had its 68th anniversary meeting on September 6, according to party sources. A veteran UNPer told The Island that the party unanimously decided to have its anniversary meeting at Passara as it was confident of comfortably winning the electorate at the September 20 Uva Provincial Council polls.

Sept 23 (DM) The Construction Industry Development Draft Act designed for the well being of the construction industry will be presented to Parliament today. Several ministers for 18 years, from 1996, attempted to introduce a Construction Industry Development Act but never succeeded, Construction, Engineering Services and Common Amenities Minister Wimal Weerawansa said.

Sept 23 (DM) While proposing to abolish the Executive Presidency, National Languages and Social Integration, Minister Vasudeva Nanayakkara today said his party would back President Mahinda Rajapaksa at a future presidential election only if he decided to join the fray as a normal candidate.

Sept 23 (Hindu) In September 1989, Sri Lanka’s Northern Province lost one of its most prominent human rights defenders following the death of Rajani Thiranagama, who was gunned down, reportedly by the rebel Tigers.

Sept 22 (CP) Colombo- Sri Lanka Monday expressed concern at the 27th session of the United Nations Human Right Council in Geneva about the increasing use of remotely controlled armed drones for countering terrorism violating other States' air space and causing civilian casualties.

Sept 22 (CP) Jaffna- Sri Lanka's famous north-bound Yal Devi train reached the northern-most Jaffna Railway Station today after 24 years. The express train made a test run from Pallai to the newly constructed Jaffna Railway Station on Monday prior to resuming services next month after a 24-year gap.

Sept 22 (CP) Colombo- The Sri Lankan government had given assurance to assist the Maldivian health sector in providing medical specialists needed for that country's hospitals. Maldivian President Abdulla Yameen Abdul Gayoom said on Monday that Sri Lankan Minister of Health had given assurance to provide medical specialists...

Sept 22 (CP) Colombo- General Secretary of ri Lanka's main opposition United National Party (UNP) and senior member, parliamentarian Tissa Attanayake has stepped down from his post in the Leadership Council of the party. He has requested his resignation from the nine-member council in a letter to the UNP leader Ranil Wickremasinghe.

Sept 22 (Trend) President of Sri Lanka Mahinda Rajapaksa received Extraordinary and Plenipotentiary Ambassador of the Republic of Kazakhstan Dulat Kuanyshev in connection with completion of his diplomatic mission, the Kazakh foreign ministry said September 22.

Sept 22 (NIE) COLOMBO- The results of the crucial Uva Provincial Council (UPC) elections should be a wake-up call for the United Peoples’ Freedom Alliance (UPFA) led by Sri Lankan President Mahinda Rajapaksa. If Rajapaksa is to win the snap Presidential election, likely to be held in January 2015, he has to take quick steps to meet the felt needs of the poor and the middle class and not harp on the war victory alone.

More : POLITICS - GENERAL
* Sri Lanka's main opposition party to appoint Sajith Premadasa to Deputy Leader post tomorrow (22 - CP)
* Media tried to take gloss off UPFA’s Uva victory – Susil (22 - Island)
* UPFA victory, an endorsement of govt’s massive development drive -President (22 - DN)
* Harin to get high post in UNP (22 - DN)
* Sri Lankan President is now electorally vulnerable - UNP (22 - CP)
* Sri Lanka Marxist party says it has come out of electoral 'recession' (22 - CP)
More : POLITICS - GENERAL

SPORTS

Sept 22 (PCB) Karachi- The Pakistan Cricket Board have defended the timing of their new domestic T20 competition, saying the event gives the Pakistan players enough time to prepare for the UAE series against Australia next month. Captain Misbah-ul-Haq and coach Waqar Younis were reportedly annoyed by the tournament's placement, which does not allow the national players time to go to the UAE early to prepare for the Aussies.

More : SPORTS

Sept 22 (FPJ) Incheon- Playing their first match of the Asian Games at the Seonhak Hockey Stadium here, the Indian men’s team defeated neighbours Sri Lanka 8-0 in a Pool B contest here on Sunday. It was Rupinder Pal Singh’s hat-trick and Ramandeep Singh’s double that put India in more than a comfortable position and a goal each from V.R. Raghunath, Chinglensana Singh and Nikkin Thimmaiah gave the opponents a big setback.

Sept 22 (ESPNCI) Lasith Malinga has suggested Sri Lanka would be wise to groom another bowler as a World Cup failsafe as he prepares to undergo surgery on Monday that will keep him out for around 16 weeks. Malinga consulted his orthopaedic surgeon in Melbourne on Sunday, and decided his long-term ankle complaint had degenerated to an extent that it required surgery. If there are no complications during the arthroscopic procedure or recovery, Malinga is expected to return to full intensity at training in mid-January,

Sept 22 (ZN) Karachi- Although the PCB is leaving no stone unturned to allow suspended off-spinner, Saeed Ajmal a chance to make a comeback to international cricket, the national selectors and head coach, Waqar Younis are already planning for the World Cups sans Ajmal. "What happened is unfortunate and a big blow to the team. But we have to plan thinking Saeed could not be available for the World Cup," Waqar said on Sunday.


WORLD

Sept 22 (BBC) Sept 22 (BBC) Australian PM Tony Abbott says certain freedoms may have to be forfeited in the name of security, after major anti-terror raids last week. His government would seek broad powers to fight the rising threat of militant Islamists, he told parliament. New laws would criminalise travel to conflict areas declared off limits.

More : WORLD

Sept 22 (BBC) Pakistan's army has named a new head of the country's feared spy agency, the Inter-Services Intelligence (ISI). Rizwan Akhtar was promoted from major-general to lieutenant-general to assume the new role and is considered an ally of army chief Gen Raheel Sharif.

Sept 22 (BBC) A three-day curfew aimed at containing the Ebola outbreak in Sierra Leone has been declared a success by authorities. The wide-ranging curfew ended at midnight on Sunday (GMT) and will not be extended, authorities said.

Sept 22 (BBC) Hong Kong students have begun a week-long boycott of classes to protest against China's stance on electoral reform in the territory. Thousands of students from more than two dozen universities and tertiary institutions have vowed to take part.


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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