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[Last Updated = Fri, Feb 27, 2015, 05:15 am SL Time]
Malaysia offers to introduce its successful industrialization model in Sri Lanka

Feb 26 (CP) Colombo- Malaysia, Sri Lanka's largest global Foreign Direct Investment (FDI) partner, has come forward to introduce its successful industrialization model to the island nation, Sri Lankan Minister of Industry and Commerce Rishad Bathiudeen said. Malaysia's Special Envoy of Infrastructure for India and South Asia attached to Prime Minister's Office, Dato' Seri S. Samy Vellu has suggested introducing the successful Malaysian model and renewing bilateral trade when he called on Minister Bathiudeen in Colombo Thursday.
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Feb 27 (CP) Colombo- A Sri Lankan court Thursday rejected a request made by Counsel representing former Minister Wimal Weerawansa's wife Sashi Weerawansa who is in remand custody. Colombo Chief Magistrate Gihan Pilapitiya has rejected a request made by Counsel Jayantha Weerasinghe to transfer Shashi Weerawansa to the National Hospital in Colombo

** Related Story ::Former Sri Lankan minister's wife further remanded, CID seeks court order to probe bank documents

Feb 27 (CP) Colombo- Former Senior Superintendent of the Sri Lanka Police and Police Spokesperson, Prishantha Jayakody who was in exile has returned to the country. Former SSP Jayakody returned to Sri Lanka from Australia and claimed that he fled the country due to threats from former Defense Secretary Gotabhaya Rajapaksa and some of his loyalists.

Feb 26 (CP) Colombo- Sri Lanka Navy has granted permission to Navy Lieutenant Yoshitha Rajapaksa, the second son of former President Mahinda Rajapaksa, to be attached to his father's security detail.

Feb 26 (CP) Colombo- Sri Lanka police chief, Inspector general of Police (IGP) N.K. Ilangakoon says intensive investigations into five major crimes are currently being conducted by the Criminal Investigation Department (CID) of the police.

Feb 26 (CP) Colombo- The Attorney General of Sri Lanka today requested six months to present a comprehensive report to the Court of Appeal on former LTTE leader and arms procurer Kumaran Pathmanathan alias KP.

** Related Story ::Sri Lana Court bars former LTTE leader KP from traveling overseas

Feb 26 (CP) Colombo- The Frontline Socialist Party (FSP) in Sri Lanka says senior party member Premakumar Gunaratnam will not surrender to the authorities. FSP Politburo member Pubudu Jagoda has said Gunaratnam will not surrendered to the Immigration and Emigration Department.

** Related Story ::Sri Lanka's Immigration and Emigration Department unable to locate FSP leader scheduled to be deported

Feb 26 (CP) Colombo- The Sri Lankan government has decided to establish a separate police unit to investigate large scale financial crimes and frauds and the Minister of Public Order John Amaratunga will launch the new police unit today.

Feb 26 (CP) Colombo- The Criminal Investigations Department (CID) of Sri Lanka police has questioned former Sports Minister Mahindananda Aluthgamage and former Monitoring MP of the External Affairs Ministry Sajin de Vas Gunawardena.

Feb 26 (Island) Bishop of Mannar Rt. Rev. Rayappu Joseph on Tuesday (Feb 24) joined a Tamil National Alliance (TNA)-led demonstration in Jaffna against the Geneva-based United Nations Human Rights Council (UNHRC) delaying the release of a report that dealt with accountability issues in Sri Lanka during the war as well as post-conflict period.

Feb 25 (CP) Geneva- The UN Human Rights Council (UNHRC) Wednesday defended its move to defer the release of a report into alleged war crimes committed during Sri Lanka's civil war saying that it was a "very rational" decision taken in a "relatively unique" case.

Feb 25 (CP) Colombo- The UK based Amnesty International organization has noted that several human rights violations have taken place in Sri Lanka last year. The organization in its annual report has called on the new Sri Lankan Government to take measures to address those violations.

* BIA Security Chief removed (26 - DN)
* German national drowns in Beruwala (26 - DM)
* Former Sri Lankan minister's wife further remanded, CID seeks court order to probe bank documents (25 - CP)
* Sri Lanka CID to probe disappearance of Shashi Weerawansa's documents (25 - CP)
* Police seek public help to trace drug baronís assets (25 - Island)
* Three dead, four injured in lorry, container crash (25 - DN)


Feb 26 (CP) Colombo- Sri Lankan government has taken a series of steps to control and prevent the renal disease that is spreading mostly among the agriculture community in the island. President Maithripala Sirisena said the treatment and preventive routines for kidney patients had been radically progressed while a Presidential Task Force has been established and national level projects have been propelled in this respect.

Feb 26 (CP) Colombo- Sri Lanka Minister of Public Order John Amaratunga, criticizing the police department for its slow progress on corruption cases, has asked the police to take urgent action and submit a report within 10 days on the cases of large-scale corruption during the previous government of Mahinda Rajapaksa.

Feb 26 (CP) Colombo- Sri Lanka's Foreign minister Mangala Samaraweera has left for a two-day visit to China in a bid to strengthen relations, an official said Wednesday. Minister Mangala Samaraweera will pay an official visit to China from February 27 to 28.

** Related Story ::Sri Lanka Foreign Minister to visit China from February 27-28

Feb 26 (CP) Colombo- The new Ambassador-designate of China to Sri Lanka, Yi Xianliang arrived in Colombo on Tuesday, February 24, the Chinese Embassy in Colombo said. The new envoy said China and Sri Lanka are time-tested friends and important partners.


Feb 26 (CP) Colombo- Sri Lanka Tourism Promotion Bureau championed 18 top company representatives in the travel and hotel sectors operating in the Italian market to show case Sri Lanka Tourism at the BIT International Tourism Exchange held from 12th - 14th February 2015 at Fiera Millano, Italy.

Feb 26 (CP) Colombo- The Special Envoy (Ministerial Rank) to India and South Asia on Infrastructure, Malaysia Prime Minister's Department Dato' Seri Utama S. Samy Vellu rang the ceremonial opening bell at the start of trading at Sri Lanka's Colombo Stock Exchange (CSE) today (26th).

Feb 26 (CP) Colombo- The Government of Sri Lanka has finalized the procedure for implementation of the Special Interest Scheme for Senior Citizens announced in the Interim Budget 2015 with effect from 1st February 2015.

Feb 26 (CP) Colombo- The operating environment for Sri Lankan banks is likely to improve in 2015 and 2016 with pressures on asset quality and the loans/deposits ratio diminishing and the potential for loan growth to pick up, says Fitch Ratings.

Feb 26 (LBO) Sri Lanka's forex reserves fell to 7.261 million US dollars in January 2015, from 8.208 million US dollars in December 2015,official data showed. The Islandís foreign reserves were up in August 2014 at 9.2 billion US dollars amid weak credit growth

Feb 26 (Reuters) Sri Lankan stocks closed firmer on Thursday, ending two straight sessions of losses, led by large caps such as Ceylon Tobacco Company Plc despite selling by foreign investors.

Feb 26 (Island) The Sri Lanka Institute of Architects (SLIA), as part of their CSR initiative, transported 90 students from Jaffna to attend the exhibition on architecture at the BMICH. The school children were from Hindu College, Jaffna and Kokuvil Hindu College

Feb 26 (DN) The Government should examine, review and regulate the informal tourism accommodation sector which is currently the fastest growing segment in the country, Sino Lanka Hotels Holdings Director Stefan Furkhan said.

Feb 25 (CP) Colombo- A group of Malaysian investors have expressed willingness to fund the construction of an expressway from capital Colombo to Kandy, the hill capital of Central Province. A discussion between the group and Minister of Plantation Industries Lakshman Kiriella was held in Colombo Wednesday.

Feb 25 (CP) Colombo- Sri Lanka's trade deficit widened 9.1 percent in 2014 to US$ 8.3 billion, according to the Central Bank data released in its External Sector Performance Review Wednesday. Earnings from exports grew 7.0% to US$ 11.1 billion while import expenditure rose 7.9% to US$ 19.4 billion during the year.

* Policy rates may remain steady in near term due to external stability concerns: StanChart (26 - DM)
* Sri Lanka will defend rupee, has enough fx reserves -finmin (25 - Reuters)
* Sri Lanka Treasury bills rates rise this week for Rs. 12 billion re-issue (25 - CP)
* Violations detected as new prices take effect (25 - Island)
* Sri Lankan shares slip on political concerns (25 - Reuters)
* Shareholders want action against Touchwood directors (25 - DN)


Feb 26 (CP) Colombo- The Sri Lankan government will establish a special committee to investigate election complaints before holding the general elections. Minister of Public Administration, Provincial Councils, Local Government and Democratic Governance Karu Jayasuriya has proposed the establishment of the special committee prior to holding the national election to ensure the confidence of the citizens on the process of free and fair election.

Feb 26 (CP) Colombo- Three new ambassadors to Sri Lanka presented their credentials to President Maithripala Sirisena Thursday at a ceremony held in the President's Office at the Presidential Secretariat in Colombo. The new diplomats assuming duties were Ambassador of Georgia Levan Nijradze, Ambassador of Republic of Korea Kye Chuna Yong and Ambassador of People's Republic of China Yi Xianliang.

Feb 26 (CP) Colombo- Sri Lanka's Marxist party, Janatha Vimukthi Peramuna (JVP) has opposed the discussion between the United National Party (UNP) and the Sri Lanka Freedom party (SLFP) to form a national government.

Feb 26 (CP) Colombo- Several allies of Sri Lanka's former ruling party, United People's Freedom Alliance (UPFA), are to meet with former President Mahinda Rajapaksa to call on him to contest at the next general election.

Feb 26 (NIE) COLOMBO- The Sri Lankan cabinet has decided to review the US $ 450 million Tata housing project here with a view to giving the displaced low income group families better compensation.

Feb 26 (Island) The JVP yesterday urged the electorate not to be deceived by UNP Deputy Leader Sajith Premadasaís political gimmicks. MP Premadasa had been trying to outshine his ministerial colleagues by declaring that he was serving the people without even receiving a monthly salary, the JVP said.

Feb 26 (DN) The Tamil community is confident that a National Government to be formed after the next Parliamentary Election will resolve the ethnic issue within two years, TNA Parliamentarian M.A. Sumanthiran said.

Feb 26 (DM) Lanka Private Bus Owners Association (LPBOA) President Gamunu Wijeratna today said a huge loss had incurred in the private transport industry due to the recent fuel price reduction. Mr. Wijeratna said after the minimum bus fare was reduced to Rs. 8, the balance was returned to the passengers whereas the Rs. 1 was not returned when the minimum fare was at Rs. 9.

Feb 26 (VOA) Healthcare consultant Ashanthi Mathai was on an assignment in Sri Lanka four years ago, when she was asked to collect used eye glasses in the U.S. for a Sri Lankan program working to prevent blindness. Mathai had come to the U.S. from Sri Lanka in the early 1990s for college.

Feb 25 (CP) Colombo- Sri Lanka's Ministry of Education says that it has received many complaints regarding the violation of the circular that prohibits educators from inappropriately collecting monetary donations and charges at schools.

Feb 25 (CP) Colombo- A South African delegation led by the Deputy Minister of International Relation and Cooperation Ms. Nomaindia Mfeketo is visiting Sri Lanka this week and the team will enlighten the Sri Lankan officials on their experience in reconciliation and nation building.

Feb 25 (CP) Colombo- The Sri Lankan government today expressed its concern over the developing situation in the Maldives following the arrest of former President of Maldives Mohamed Nasheed.

Feb 25 (CP) Colombo- Sri Lanka's former Army Commander General Sarath Fonseka Wednesday filed a petition in the Court of Appeal requesting the court to pronounce the appointment of Jayantha Ketagoda as a parliamentarian is null and void.

Feb 25 (CP) Colombo- The coalition government in Sri Lanka is to hold discussions with the main Sri Lanka Freedom Party (SLFP) tomorrow (26) to discuss the proposed constitutional reforms and the formation of a national government.

Feb 25 (CP) Colombo- Councilor of Sri Lanka's Western Province Udaya Gammanpila has threatened to take to the streets with the people if the current government attempts to postpone the holding of general elections.

Feb 25 (CP) Colombo- National Executive Council of Sri Lanka, set up to strengthen democracy and good governance, has decided to present the proposed constitutional reforms to parliament next month. The Council has reached this decision when it met yesterday.

Feb 25 (NIE) COLOMBO- Shaken by the successful rally staged by pro-Rajapaksa elements at Nugegoda on February 18, Sri Lankan President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe are girding up their loins to face a perceived threat from former President Mahinda Rajapaksa in the June parliamentary elections.

* UPFA grassroots politicos all out to bring back MR (25 - Island)
* National government a gimmick: UPFA allies (25 - DM)
* PM says government received overwhelming mandate (25 - DN)


Feb 26 (ESPNCI) There is nothing in the world more like Tillakaratne Dilshan than the shot he brought to cricket in 2009. Like the man, the stroke treads the line between daring and embarrassment. If he wears the 'Dilscoop' on the helmet, nothing looks so foolish. If he connects, he sends stadiums into raptures. It's a shot that has the feel of a heist. Modern captains have never put men behind their wicketkeeper. They probably never will. By hitting to this part of the ground, Dilshan is almost cheating. In some part of his mind, though, this roguish, dashing 2009 version of himself still exists, because Dilshan still talks a big game.


Feb 26 (ESPNCI) There were several dropped catches, but the spill in Sri Lanka's 42nd over and its aftermath verged on farce. Kumar Sangakkara cut a ball straight to Mominul Haque at point, but though the ball came at chest height, Mominul couldn't hold on. He then became aware of a run-out chance at the bowler's end however, and he shied at the stumps unsuccessfully, only to find there was no one backing up. Taskin Ahmed at long on had his attention elsewhere and didn't see the ball heading towards him.

Sri Lanka 332/1 (50.0 ov) Bangladesh 240 (47.0 ov)

Feb 26 (ESPNCI) Sri Lanka have finally made themselves heard, 12 days into the World Cup. Tillakaratne Dilshan and Kumar Sangakkara did most of the talking through their bats, hammering unbeaten centuries that set up a 92-run win over Bangladesh at the MCG. Bangladesh were bowled out for 240 inside 47 overs after they once again shuffled the batting line-up, leaving Shakib Al Hasan and Mushfiqur Rahim with too much to do.

Feb 26 (SN) Newcomers Afghanistan have had their first ever win in a World Cup, beating Scotland by one wicket with just three balls to spare. Afghanistan had looked set for a heavy defeat after their middle order collapsed, leaving them on 97 for seven, chasing Scotland's 210 all out. But then Afghan hero Samiullah Shenwari stepped up and almost single-handedly kept his country's hopes alive, eventually reaching 96 runs to set up the dramatic finale.


Feb 26 (BBC) A suicide attack on a Turkish embassy vehicle in Kabul has killed at least one person, Afghan officials say. The bomber rammed a vehicle carrying explosives into the car in the Afghan capital's diplomatic quarter, killing a Turkish soldier. The bomber also died.

More : WORLD

Feb 26 (BBC) An Indian court has granted interim bail to former UN climate change panel head Rajendra Pachauri, who is facing charges of sexual harassment. The court order bans him from leaving India or entering his office while police investigate the allegations.

Feb 25 (BBC) A court in Bangladesh has issued a warrant for the arrest of opposition leader Khaleda Zia, amid a political stand-off in the country. The court in Dhaka acted after Ms Zia failed to appear in connection with a corruption case.

Feb 25 (BBC) Hundreds of climbers forced to abandon expeditions on Mount Everest last year are waiting to hear whether they will be allowed to try again in 2015. They say they are in limbo because of Nepalese government indecision, weeks before the new climbing season begins.

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 Lankaís 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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