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[Last Updated = Thu, May 5, 2016, 12:28 pm SL Time]
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Sri Lanka focuses on scientific R &D in 10 major fields to develop the nation

May 04 (CP) Colombo- In an effort to achieve national development, Sri Lanka has focused on expanding scientific research and development in ten major fields that contribute to the improvement of living standards of the people and economic development. The government has identified Water, Food, Nutrition and Agriculture, Housing, Environment, Energy, Textile, Mineral resources, Software and Knowledge Services, Emerging Technologies and Traditional Knowledge as 10 major fields that needs a broad application of science and technology.
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LEGAL - SITUATION

May 05 (CP) Colombo- According to authorities, the Amnesty period declared by the government to hand over illegal weapons from Monday April 25th has been successful. The authorities have received 175 illegal firearms so far during the amnesty period which will conclude on 6th May.

May 05 (DN) The Army is to conduct a special investigation into the incident where a mother of two was shot near the Bogoda Army Camp in Thanthirimale, Army Media Spokesman Brigadier Jayanath Jayaweera said.

May 05 (DN) Social Empowerment and Welfare Minister S.B. Dissanayake questioned former President Mahinda Rajapaksa whether he provided the required security for former Defence Minister Anuruddha Ratwatte and former President Chandrika Bandaranaike Kumaratunga when they were prime targets of the LTTE.

May 05 (Island) Prime Minister Ranil Wickremesinghe has received assurances from both the police and the Directorate of Military Intelligence (DMI) that the Liberation Tigers of Tamil Eelam (LTTE) had been wiped out; therefore there was absolutely no likelihood of the group staging a comeback.

May 04 (CP) Colombo- The Criminal Investigation Department (CID) of Sri Lanka Police has questioned the Traffic Deputy Inspector General of Police (DIG) regarding the murder of national Rugby player Wasim Thajudeen.

May 04 (CP) Colombo- The committee appointed by the Speaker of Sri Lankan parliament Karu Jayasuriya to probe Tuesday's altercation in parliament has handed over its report to the Speaker. Accordingly, the Speaker informed Parliament today that the inquiry report had been forwarded to him by the Deputy Speaker Thilanga Sumathipala and Deputy Chairman of Parliamentary Committees MP Selvam Adaikalanathan.

May 04 (CP) Colombo- The special committee delegated to probe Tuesday's fistfight in parliament between the Joint opposition MPs and ruling party MPs has commenced analyzing the CCTV footage to apprehend those who were responsible for the unruly brawl.

More : LEGAL - SITUATION
* Man bolts minus part of tongue Intrepid teenage girl foils rape (4 - Island)
* Gota not in Court to give evidence (4 - DM)
* Illegal firearms keep coming in (4 - DN)
More : LEGAL - SITUATION

NEWS - HIGHLIGHTS

May 05 (CP) Colombo- Sri Lanka parliament today approved a proposal to take disciplinary action against the members of parliament who initiated a fistfight in the House on Tuesday and send a fellow member to the hospital.

May 05 (CP) Colombo- Sri Lankan President Maithripala Sirisena will leave for London on May 11 to attend the Anti-Corruption Summit organized by the British government. British Prime Minister David Cameron, who will host the landmark international summit in London on May 12, has extended an invitation to President Sirisena.


FINANCE - TRAVEL

May 05 (CP) Colombo- Tire market in Sri Lanka has been growing over the last five years and is expected to reach US$ 488 million in 2016, a marketing report in tire industry says. According to TechSci Research report, "Sri Lanka Tire Market Forecast & Opportunities, 2021", Tire industry in Sri Lanka has been growing over the last five years

May 05 (DN) Amana Takaful PLC (ATPLC) recorded sound growth in 2015 and strengthened its position as the leading fully fledged Takaful service provider in Sri Lanka. The group reported a consolidated revenue of Rs. 3.24 billion, an increase of 22.2% over 2014 whilst sustaining good underwriting results.

May 05 (Island) "One of the medium term challenges is to transform Sri Lanka into a competitive export led economy. To achieve that Sri Lanka should sign bilateral and multilateral trade agreements with other countries in the future, Central Bank of Sri Lanka Deputy Governor Dr Nandalal Weerasinghe said.

May 05 (DM) Lanka Hospitals Diagnostics (LHD), a subsidiary of Lanka Hospitals, which offers patients and clinicians the largest test menu in the country via Sri Lanka’s first state-of-the-artMedical Reference Lab, recently announced its upgraded accreditation to ISO 15189:2012.

May 04 (CP) Colombo- Sri Lanka's Colombo Stock Exchange (CSE) has announced a revision in the methodology of calculating Price Multiples (P/E, P/BV and DY). The Price‐Earnings Ratio (P/E Ratio) and Dividend Yield Ratio (DY) will be calculated taking into consideration "Rolling Four Quarterly Earnings"

May 04 (CP) Colombo- The Jetwing Lighthouse Hotel in Galle, a five-star hotel in Sri Lanka, said it plans to build another hotel in Unawatuna, a coastal town in the south famous for its beaches and corals. The 36-roomed hotel at Unawatuna will be built at an estimated cost of Rs. 350 million.

More : FINANCE - TRAVEL
* Sri Lanka to host Annual Congress of the National Union of Travel Agents in France from 31st Oct to 2nd Nov (4 - CP)
* Sri Lankan rupee falls slightly on importer dollar demand (4 - Reuters)
* Sri Lanka shares snap 5-day winning streak on tax woes (4 - Reuters)
* Sri Lanka sees rise in tourist arrivals due to growth from China (4 - xinhua)
* ‘Sri Lankans figuring in Panama Papers using bogus names’ (4 - Island)
* Sri Lanka’s first General Insurance Sales Congress on May 10 (4 - DM)
* Sri Lanka's Commercial Bank signs agreement with Bank Muscat Oman for instant money transfers (4 - CP)
* NDB wins ‘Most Admired Mobile App’ at the ACEF Awards (4 - DN)
* Sri Lanka tourist arrivals up by 11.6 percent in April 2016 (4 - CP)
More : FINANCE - TRAVEL

POLITICS - GENERAL

May 05 (CP) Colombo- The current government due to its comprehensive vision and strategic plans, was able to remove the ban imposed by the European Union on Sri Lanka's fish exports in a short period of time after coming to power, State Minister of Fisheries and Aquatic Resources Development Dilip Wedaarachchi says.

May 05 (CP) Colombo- The Sri Lankan government plans to establish a Pirivena in Sanchi in Madhya Pradesh of India to teach Theravada Buddhism. According to a proposal put forward by Prime Minister Ranil Wickremesinghe for the approval of the cabinet of ministers, the government is considering establishing a Pirivena to halt the decline of Buddhism in India, the land of its birth.

May 05 (Island) Cabinet Spokesman and Health Minister Rajitha Senaratne told a news conference in Colombo that the Rajapaksa Faction of the UPFA had behaved in that manner on Tuesday because they could not stomach Minister of Regional Development Field Marshal Sarath Fonseka telling them that Police Special Task Force security was sufficient for their leader.

May 05 (DM) While admitting that Mass Media and Parliamentary Affairs Ministry Secretary Nimal Bopage's statement on the joint opposition was a blunder, Deputy Minister Karunaratne Paranawithana appealed to the media to desist from creating a furor over it.

May 04 (CP) Colombo-Sri Lanka's Deputy High Commissioner in Chennai is authorized to issue birth certificates to children of Sri Lankan refugee families that had gone to India after 1983, Prime Minister Ranil Wickremesinghe has said.

May 04 (CP) Colombo- The Monetary Board of Sri Lanka's Central Bank has promoted five senior staff officers as Assistant Governors. The Monetary Board, at its meeting held on 05th April 2016 has promoted five Staff Class Grade IV officers Ms. K Saravanamuttu Mr. E A Hettiarachchi, Mr. R A A Jayalath, Mr. K M M Siriwardana and Mr. S J A Handagama to the post of Assistant Governor

May 04 (CP) Colombo- Unruly behavior of several parliamentarian of the joint opposition yesterday in the Parliament was pre-planned, charged Sri Lanka's Minister of Parliamentary Reforms and Mass Media Gayantha Karunathilake.

May 04 (CP) Colombo- The Sri Lankan government has decided to remove the newly appointed Secretary to the Ministry of Parliamentary reforms and Mass media Nimal Bopage from his post after he issued a controversial media statement that has embarrassed the government.

May 04 (TRF) RAJANGANAYA- In mid-April, at the same time of year as their families have done for generations, Sri Lanka's paddy farmers started cultivating their rice fields.

More : POLITICS - GENERAL
* Bopage faults media for brouhaha over his request Failed attempt to ban use of term ‘Joint Opposition’ (4 - Island)
* MS–Ranil govt. on firm ground: Time to focus on getting things done (4 - DM)
* President recalls days as Dinamina correspondent (4 - DN)
More : POLITICS - GENERAL

SPORTS

May 05 (ESPNCI) The second edition of the Africa T20 Cup will be focused on the financial leverages the shortest format can provide but it will not feature pink balls. Last year's group stage matches were played with the pink ball but the idea was abandoned for finals weekend after player concerns. All of this year's matches will be played with the white ball. The 16-team tournament includes the 13 semi-professional provincial sides .

More : SPORTS

May 05 (ESPNCI) New Zealand have moved to the top of the T20I rankings for the first time following the ICC's annual update. The new cycle disregarded results from the 2012-13 season and therefore West Indies, who won their first Twenty20 championship in 2012, lost points and have dropped one place to No. 3. New Zealand have 132 points, having played their first World T20 semi-final since 2007. India also have 132 points, but New Zealand were ahead by a factor of 0.21.

May 04 (ESPNCI) Though sometimes billed as a team in transition, 11 of the 17 Sri Lanka players on the flight to England featured in the 2014 tour there. The first-choice opening combination from that tour is expected to take guard again, even if there has been upheaval in the interim. Angelo Mathews is still captain and a linchpin in the top order. Rangana Herath remains the top spinner.

May 04 (PkO) Mumbai— Sri Lanka’s Kusal Perera, who has been suspended for the alleged doping offence has hired a team of UK lawyers, it is learnt here. According to the sources in England, the 26-year-old left-handed batsman and wicket-keeper has sought the services of a law firm called Morgan Sports Law.


WORLD

May 04 (BBC) Ohio Governor John Kasich has dropped out of the presidential race after struggling to gain traction against Republican front-runner Donald Trump, US media report. Mr Kasich did not have a path to secure the nomination outright, but pledged to lobby for his candidacy during the Republican convention in July.

More : WORLD

May 04 (BBC) A boat carrying asylum seekers has reached Australia's remote Cocos Islands territory. The last documented asylum seeker boat arrival to Australia was in 2014. The number of asylum seekers arriving by sea plunged after the government introduced tough new policies, including the towing back of boats.

May 04 (BBC) Police have used batons to disperse angry demonstrations in the southern Indian state of Kerala after the mutilated body of a student from the Dalit community was found in her home. Five people have been detained for questioning in connection with last week's murder in Ernakulam district. Police said the autopsy report would determine whether the woman was raped.

May 04 (BBC) Donald Trump has become the US Republican presidential nominee in all but name after victory in Indiana forced rival Ted Cruz from the race. Mr Trump, unpopular with many in his own party, now has a clear path to the 1,237 delegates needed to claim his party's crown. That would mark a stunning victory for a businessman few took seriously when he launched his campaign last year.


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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