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COLOMBO, Dec 30 (Reuters) - Sri Lanka’s annual inflation hit a nine-month high of 4.8 percent in December due to a low base effect and rising consumer spending on the back of low interest rates, data showed on Wednesday. “This is mainly due to low base effect,” K.D. Ranasinghe, the director at the central bank’s [...]

Stocks close up 125.2% at 3,385.5 points on ASI; world’s 2nd best performer in 2009.
CCPI inflation 4.8% in Dec from 14.4% in Dec 2008-report-JNW

COLOMBO, Dec 30 (Reuters) - Sri Lanka’s consumer prices rose to 4.8 percent in December from a year earlier, up from 2.8 percent in November, government data showed on Wednesday. Annual average inflation slowed to a record low of 3.4 percent in December, from 4.1 percent in November. It has fallen 14 straight months after [...]

Elections Commissioner Dayananda Dissanayake yesterday decided to appoint former civil servant Jayampathi Hettiarachchi to monitor the state electronic media in the run up to the presidential election scheduled for January 26, 2010 according to guidelines set by him.

Muslims in Jaffna city set fire to local Tamil daily Valampuri today charging that the daily carried a fabricated news report stating that the story was designed to discredit the Muslims and damage their busines.

Dec. 30 (Bloomberg) — Sri Lanka’s inflation accelerated to a nine-month high in December, vindicating the central bank’s decision to pause its policy of cutting interest rates.

Former Navy Chief Admiral (Rtd) Wasantha Karannagoda has sent a letter of demand seeking Rs. 500 million from Opposition presidential candidate Sarath Fonseka for making a statement defamatory of him in an interview with Sirasa on December 24.

The Sri Lanka Ports Authority said the cruise ship ‘Discovery’ of the Voyages of Discovery cruise line called at the Colombo port as part of a cruise tourism revival with the end of the island’s ethnic war.

Dec 30, Colombo: Sri Lanka’s Media Minister Lakshman Yapa Abeywardena today challenged the opposition to prove that the Rajapaksa family had engaged in corrupt activities.

COLOMBO, Dec 30 (Reuters) - Sri Lanka’s consumer prices rose to 4.8 percent in December from a year earlier, up from 2.8 percent in November, government data showed on Wednesday.

COLOMBO, Dec 30 (Reuters) - Sri Lanka’s consumer prices rose to 4.8 percent in December from a year earlier, up from 2.8 percent in November, government data showed on Wednesday.

Laugfs domestic gas cylinder price to be reduced by Rs60 from Jan 1; new price Rs1421. Shell price to stay unchanged; Rs 1550-Min B Gunawardena-JNW

Dec 30, Colombo: The Sri Lankan government announced that the price of a 12.5 kg cylinder of LP gas has been reduced by Rs.60, effective midnight tomorrow (31).

Dec 30, Colombo: Two members of the Ceylon Workers’ Congress (CWC), Sri Lanka’s Indian origin Tamil Party representing plantation Tamils, resigned from their party and joined the main opposition United National Party to support opposition candidate General Sarath Fonseka’s campaign.

Work on the Colombo-Katunayake Expressway now in progress will boost the economy, the Government said yesterday.

Kikili is not only Sri Lanka In Style’s newest member, but also its very first one bedroom bolthole; fresh, fun and fabulous, properties such as this are in short supply. (PRWeb Dec 30, 2009) Read the full story at http://www.prweb.com/releases/sri-lanka-instyle/kikili-villa-in-sri-lanka/prweb3393784.htm

Cricketers Sanath Jayasuriya and Muttiah Muralidaran have broken their political independence by deciding to exhort their followers to vote for a particular candidate at the forthcoming Presidential election, analysts said yesterday.

Veteran allrounder Sanath Jayasuriya and fast bowler Lasith Malinga were dropped from the Sri Lankan limited over squad as cricket selectors opted for a new-look side for next month’s tri-nations series in Bangladesh. Selectors have named uncapped Lahiru Thirimanne, a 20-year-old batsman, while retaining allrounder Thissara Perera, seam bowler Suranga Lakmal and spinner Suraj Randiv, [...]

Dec. 30 (Bloomberg) — Sri Lanka’s stocks , Asia’s best- performing in 2009, may extend gains as the end of a 26-year civil war and low interest rates help boost economic growth, the island’s biggest fund manager said.

Dec 30, Colombo: Professor Harendra de Silva, Professor of Paediatrics at the Faculty of Medicine, of Kelaniya University has received this year’s BMJ Group Lifetime Achievement Award for his pioneering efforts to create awareness of child abuse in Sri Lanka and other countries.

Dec 30, Colombo: Sri Lanka’s Central Bank has reduced the interest rates of three agricultural loan schemes effective from January 01, 2010 to promote new investments in agricultural and animal husbandry projects.

Kikili is not only Sri Lanka In Style’s newest member, but also its very first one bedroom bolthole; fresh, fun and fabulous, properties such as this are in short supply.

Sri Lanka’s stocks, Asia’s best- performing in 2009, may extend gains as the end of a 26-year civil war and low interest rates help boost economic growth, the island’s biggest fund manager said.

Deputy Min M Sachithananadan and CWC National organizer R Yogarajan express their solidarity with Gen Sarath Fonseka-reporter-JNW

Sri Lanka’s Tillakaratne Dilshan ended his most successful year in international cricket by becoming the most valuable player (MVP) in the recently-concluded India Sri Lanka ODI series, with his fellow-opener Upul Tharanga just behind him.

Lending rates for three govt agriculture loan schemes have been reduced from around 12% to 8% to raise investment-Central Bank-JNW

Sri Lanka should move into a high tech industry base by 2020 by attracting global high tech companie..

The JVP says the UNF-JVP presidential candidate Sarath Fonseka has denied a statement attributed to ..

President Mahinda Rajapaksa said yesterday when he came into power he introduced a people friendly m..

The Government despite having given a pledge to resettle all the displaced people by the end of Janu..

Sri Lanka is set to slash the price of petrol by 11.5% with effect from last night, the government said, ahead of a presidential election scheduled on January 26.

A youth from Jaffna who travelled through A9 road on 14 December had gone missing after boarding Yaazh Theavi train to Colombo from Vavuniyaa, according to a complaint made to Jaffna police by his family memebers.

The bus service between Battialoa and Jaffna was inaugurated after 30 years Monday by Battialcaloa SrI Lanka Transport Board (SLTB) Depot Manager, Thurai Manoharan, from Batticaloa Main SLTB terminal. Meanwhile, it has been announced that a bus services will operate between Kalmunai and Jaffna from 1st January.

Horana Magistrate Tuesday ordered further remand for Venerable
Dambara Amila Thera, an Executive Member of the National Patriotic
Movement (NPM) until January 8 over allegations that he cheated
persons, promising them foreign employment. The monk is being held at the Kalutara remand prisons.

A 285-km link will enable India and Sri Lanka to trade surplus power. The two governments’ initiative to set up a high-capacity power transmission link between India and Sri Lanka is likely to be completed by 2013.

Sri Lanka team returned to the island from India yesterday, after what could be called a disastrous tour salted with series of defeats.

Sri Lanka will slash the price of petrol by 11.5 percent with effect from Tuesday midnight, the gove..

Dec 29, Colombo: Sri Lankan government today said that it has resettled over 173,000 Internally Displaced Persons (IDPs) within five months in their native places.

Dec 29, Colombo: Adding to the political drama in the run up to the presidential elections, former Navy Commander is claiming damages from the former Army commander for defamation.

Dec 29, Anuradhapura: Sri Lanka President was warmly greeted by the people from the East and the North districts on 29th at Anuradhapura.

(Lanka-e-News, Dec. 29, 2009, 8.30PM) JVP Parliamentary group leader Anura Kumara Dissanayake at a media briefing yesterday (28) at the JVP Headquarters at Battaramulla said,…

(Lanka-e-News, Dec. 29, 2009, 8.30PM) With effect from today, the Elections commissioner has appointed former Govt. Agent Jaymapathi Hettiarachi as a competent authority to censor one sided propaganda…

(Lanka-e-News, Dec. 29, 2009, 8.30PM) A notice issued by the Presidential Secretariat yesterday (28) warned Institutions and individuals against making allegations without proper investigation in regard to charges being made…

(Lanka-e-News, Dec. 29, 2009, 8.30PM) Magistrate Anushka Seneviratne today (29) remanded Buddhist prelate Ven. Dambara Amila Thero until 8th when the case was called up today at Bandaragama Magistrate Courts…

(Lanka-e-News, Dec. 29, 2009, 8.30PM) According to the Chapter 32 of the Establishment Code, the officers of the government service cannot engage in political…

Sanath Jayasuriya, Chamara Kapugedera, Ajantha Mendis and Lasith Malinga have been dropped from Sri Lanka’s squad for the ODI tri-series in Bangladesh next month, also featuring India

Dec 29, Colombo: Tension prevailed in the city of Bandaragama as two groups of political activists clashed over the arrest and remand of the Marxist monk, Venerable Dambara Amila Thera this afternoon.

Gen Fonseka describes the speedy resettling of war displaced by the government as an election gimmick.

Dec 29: Colombo: Sri Lanka’s ruling party United People’s Freedom Alliance (UPFA) will release its election manifesto within the next few days.

Govt. says it has referred a letter sent by the UN seeking a war crimes probe to a special committee.

Dec 29, Colombo: The Ceylon Petroleum Corporation has announced that the price of petrol will be reduced by Rs.15 effective midnight today (Dec. 29).

Dec 29, Colombo: A opposition parliamentarian who was accused of assaulting a Sri Lanka Freedom Party (SLFP) activist at an election rally in Kurunegala surrendered to the Hettipola courts this morning and subsequently received bail.

Dec 29, Colombo: A opposition parliamentarian who was accused of assaulting a Sri Lanka Freedom Party (SLFP) activist at an election rally in Kurunegala surrendered to the Hettipola courts this morning and subsequently granted bail.

JVP says Dambara Amila thero was arested after he made a scathing attack on President Rajapaksa at an election rally.

For the first time in the history of South Indian films, a music launch of a film has taken place outside India.

Dec 29, Colombo: The Horana Magistrate Tuesday ordered to further remand the Marxist party monk Venerable Dambara Amila Thera until January 8.

The bus service between Battialoa and Jaffna was inaugurated after 30 years Monday by Battialcaloa SrI Lanka Transport Board (SLTB) Depot Manager, Thurai Manoharan, from Batticaloa Main SLTB terminal. Meanwhile, it has been announced that a bus services will operate between Kalmunai and Jaffna from 1st January.

Dec 29, Anuradhapura: Sri Lanka President Mahinda Rajapaksa commended the service given by the representatives of Civil Defence Committees in protecting their villages from the threats of Tiger terrorism.

TM Dilshan named Vice Captain Sri Lankan cricket team for tri-nation ODI tournament in Bangladesh starting January 4-official-JNW

Buddhist monks of National Bhikku Front Monday held a Satyagraha
campaign in front of the Bo Tree located in Fort in Colombo demanding
the immediate release of Venerable Dambara Amila Thera who is now in
remand after the arrest by CID on Sunday.