newslanka.org

(RM1,085) per sq ft. “We are targeting locals and foreigners. We hope to sell up to 80 per cent of the project within the first year of its launch,” he said.

A Sri Lankan court releases four suspects arrested on charges of conspiring with former army chief Sarath Fonseka to overthrow the government.

COLOMBO: Looking at expanding its business in Sri Lanka after the end of the 30-year-old conflict, the Taj Group of Hotels on Friday announced rebranding and reclassification of its hotels in the Island nation.

The Atomic Energy Authority (AEA) is to carry out a feasibility study to look into the possibilities of harnessing nuclear power to switch over to least cost power generation.

PETALING JAYA: Sunway Holdings Bhd’s unit, SunwayMas Sdn Bhd, has sealed a joint-venture agreement with Sri Lanka’s Dasa Group to undertake a RM250 million mixed development project in Bambalapitiya, Colombo. A joint-venture company will be incorporated in Sri Lanka, with SunwayMas having 65% stake, and remaining by Dasa Group. SunwayMas will fund its investment in [...]

Sunway Holdings Bhd unit, SunwayMas Sdn Bhd, has sealed a joint venture agreement with Sri Lanka’s Dasa Group to undertake a RM250 million mixed development project in Bambalapitiya, Colombo. A joint-venture company will be incorporated in Sri Lanka, with SunwayMas having 65 per cent stake, and remaining by Dasa Group. SunwayMas will fund its investment [...]

New York, Sept 24 : Sri Lanka is ready to boost its participation in United Nations peacekeeping operations, President Mahinda Rajapaksa told the General Assembly on Thursday, also calling on the world community to take urgent action to counter climate change and devote greater aid to Africa.

Sri Lankan President Mahinda Rajapaksa said he has set the nation on a course toward political reconciliation with the Tamil minority and economic recovery following a three-decade civil war.

NEW YORK, Sept. 23 /PRNewswire-USNewswire/ — President Mahinda Rajapaksa of Sri Lanka today promised, “to deliver sustainable peace and prosperity to all” while ensuring that “terrorism will not be able to raise its ugly head again,” as he addressed the United Nations General Assembly in New York.

With number of refugees in Sri Lanka getting lesser and Tamils are returning homes, with the dawn of peace, thousands of Tamils are returning to Sri Lanka, Toronto Sun reported.

DUBAI — Sri Lanka Tourism Promotion Bureau’s (SLTPB) Middle East office reported an enormous surge of Arab travellers as Middle East tourist arrivals to Sri Lanka rose by an unprecedented 102 per cent in the first six months of 2010 compared to the same period last year, according to statistics compiled by the Sri Lanka [...]

Sri Lanka economy is well on the way to realizing the dividend of peace and the country aims to become one of the top 30 countries doing business by 2014, President Mahinda Rajapaksa said in his address to the 65th General Assembly of the United Nations in New York today.

Sri Lanka entire focus now would be to build lasting peace while healing the wounds of terrorism and ensuring economic prosperity, President Mahinda Rajapaksa said in his address to the 65th General Assembly of the United Nations in New York today.

Sri Lanka’s exports to India have increased by 45 % during the first seven months of this year, Indian High Commissioner Ashok K. Kantha said today.

(RTTNews) - Sri Lanka is moving towards harnessing nuclear energy as a source of power, to switch over to lesser-cost power- generation plants.

Local Non-government Organizations (NGOs) in North and East in Sri Lanka face the risk of becoming inactive due Sri Lanka governments new restrictions on registering or renewing the registration of such organizations, NGO circles said. These NGOs should submit applications to register themselves or to renew registration to Sri Lanka Presidents Action Committee and Sri [...]

The further strengthening of bonds between Sri Lanka and Iran was the theme of discussions between Iranian President Mahmoud Ahmadinejad and Sri Lankan President Mahinda Rajapaksa when they held bi-lateral discussions at the United Nations, Tuesday.

Sri Lanka has incorporated Millennium Development Goals key performance indicators in our national budget policies, President Mahinda Rajapaksa said.

Sri Lanka has the lowest maternal mortality rate (MMR) in south east Asia and its infant mortality rate (MMR) is better than many wealthier countries, the United Nation’s second report on Millennium Development Goal (MDG) progress has said.

Colombo - Sri Lanka’s president has asked Norway for development assistance, a year after the end of the war with separatist Tamil rebels, the government said Wednesday.

Sri Lanka’s United National party (UNP) is to commence a large scale international protest campaign against the recent court martial decision which has ordered for the imprisonment of former army Commander Maj. Gen. (Retd.) Sarath Fonseka for three years over alleged arm dealings, during his time as commander.

(RTTNews) - Sri Lanka’s central bank on Tuesday decided to leave policy rates unchanged in view of further increase in private sector credit demand and encouraging growth outlook.

Seven Sri Lanka police officers including an Assistant Superintendent of Police (ASP) who attempted to dig out hidden treasure in a Buddhist temple in Thimbulaagala in Polonnaruwa district were arrested at a police check post Monday night in Mannampiddi. The gang had threatened the Buddhist priest of the temple and dug for the treasure but [...]

MAMARONECK — Students at Liberty International Montessori School danced to traditional music from Sri Lanka on Tuesday as the school welcomed a visit from the country’s first lady.

(RTTNews) - Sri Lanka’s central bank on Tuesday decided to leave the policy interest rates unchanged at their current levels. The Monetary Board of the Central Bank of Sri Lanka maintained the reverse repurchase rate at 9% after slashing it by 50 basis point in August.

While Sri Lanka’s prison authorities waiting to welcome their most “prestigious” prisoner — former Army Commander Sarath Fonseka, the eyes of others are focussed on President Mahinda Rajapaksa to see whether he will give his final nod to put Fonseka behind bars or a pardon.

Sri Lanka’s central bank kept both of its benchmark interest rates unchanged for the first time in three months, judging cuts in July and August are sufficient to support economic growth.

Sri Lanka has moved towards incorporating nuclear power to the country’s energy mix. The Atomic Energy Authority of Sri Lanka has moved to enhance human resource development in the field of nuclear energy, Power and Energy Minister Patali Champika Ranawaka said.

The Qatar Government promised its unstinted support and co-operation towards Sri Lanka’s development program following the return of peace when President Mahinda Rajapaksa who is in New York to attend the 64th UN General Assembly sessions met Emir Kalifa Althani of Qatar in New York yesterday.

Sri Lanka starts clearing beggars from railway stations in an attempt to make urban areas more orderly.

Sri Lanka’s central bank kept borrowing costs unchanged, judging its interest-rate cuts in July and August are sufficient for the moment to support economic growth.

Colombo, Sept 21 : A number of Tamils in Sri Lanka have complained before the government commission investigating the last phase of Tamil Eelam war that their family members who served with the Tamil Tigers disappeared after surrendering by the end of the war in May last year.

Sri Lanka Deputy Minister of Rehabilitation, Vinayagamoorthy Muralitharan alias Karuna, has failed to fulfill his promises to solve the drinking water problem of the people of Kurumanveli and Murungkaiyadi and the difficulties caused by the break down of the boat service between Thuraineelaavanai and Annamalai in Batticaloa district, the people of the areas said. Tamil [...]

A gang of unidentified armed men arriving in a van abducted a Tamil youth who had operated with Sri Lanka Army (SLA) during the war, on 15 September at Kalladi in Batticaloa district, according to complaints made by his wife to Batticaloa police. She had first complained at the office of Tamil Makkal Viduthalai Pulikal [...]

China and Sri Lanka have maintained a very close relationship from ancient times. Because of the arrival of Fa Hsien Thera it was very easy to understand and study our Buddhist culture, Prime Minister D M Jayaratne said.

Sri Lanka is in the forefront of the Millennium Development Goals (MDG) agenda. It has already achieved several MDGs, especially in the health and education sectors. Sri Lanka has also made great strides in poverty alleviation, child and maternal mortality rates and gender equality.

People in north Sri Lanka have tell a war inquiry that family members who served with the Tamil Tigers disappeared after surrendering.

MELBOURNE, Monday 20 September 2010 (Bernama): A Sri Lanka-born man has been jailed for at least three years for his role in smuggling asylum-seekers to Australia in an unseaworthy boat.

An Australian court sentenced a Sri Lanka-born refugee to more than five years in prison Monday for helping to smuggle nearly 200 asylum seekers to Australia in a leaky boat.

SYDNEY - An Australian court sentenced a Sri Lanka-born refugee to more than five years in prison Monday for helping to smuggle nearly 200 asylum seekers to Australia in a leaky boat.

Veteran Hollywood film location scout Bill Bowling who recently spent two weeks touring Sri Lanka confirmed that the island will continue to be a top location for film makers.

Several hundred people in northern Sri Lanka attended sessions of the Lessons Learnt and Reconciliation Commission (LLRC) held over the weekend in the former Tamil Tiger rebels controlled area of Kilinochchi, officials from the LLRC said Sunday.

Sri Lanka’s ex-army chief and opposition leader Sarath Fonseka on Sunday rejected his conviction at a court martial and said he would fight against a proposed three-year jail term.

With Tamil insurgents crushed after a quarter century of bloodshed, Sri Lanka is actively wooing Hollywood. “We are working to increase our visibility with producers and directors in Hollywood and in other countries,” Sri Lanka’s ambassador to Washington Jaliya Wickramasuriya said.

Ananthi Sasitharan, wife of Elilan, former Trincomalee political head of the LTTE, told BBC world service that she and her three daughters witnessed her husband and hundreds of other LTTE members surrendering to the Sri Lanka Army (SLA) soldiers on 18th May 2009, after the war has come to an end. “I have been trying [...]

The percentage of foreign tourists visiting Sri Lanka’s national parks has doubled this year with the conclusion of the island’s long civil war, a senior government official said on Saturday.

Sri Lanka revised down the official casualty figures of a massive explosion Friday that destroyed a police station in the eastern Batticaloa district, from over sixty dead to an official count of 25, but local government officials amongst those who rushed to the site said dozens of bodies from the rubble had been swiftly removed [...]

KARADIYANARU, SRI LANKA - Sri Lankan authorities on Saturday probed negligence as a possible cause of a powerful blast at a dynamite depot in the island’s east that killed 25 people.

Relations between Sri Lanka and China are at its peak and the two countries cooperate in almost all sectors. The Sri Lankan Embassy in Bejing has focused on the promotion of people to people contact between the two countries by consolidating ties with provincial governments in China.

COLOMBO, Sept 17 — Sri Lanka today found the former army chief who led the military victory over the Tamil Tiger separatists guilty of misappropriation of funds, which can land him in prison for up to three years. Sarath Fonseka’s sentence was widely expected after he was stripped of his four-star general rank last month [...]

A court martial in Sri Lanka on Friday convicted former army chief Sarath Fonseka of corrupt military supply deals and sentenced him to three years in jail, a top military official told AFP.

A court martial in Sri Lanka convicted former army chief Sarath Fonseka on Friday of corrupt military supply deals and sentenced him to three years in jail, a top military official told AFP.

A court martial Friday convicted Sri Lanka’s former army chief Sarath Fonseka of engaging in corrupt deals and sentenced him to three years in jail, a top military official told AFP.

Sri Lanka says an accidental explosion outside a police station has killed 25 people, 16 of them police officers.

Sri Lanka: Accidental blast kills more than 20

COLOMBO, Sri Lanka - An accidental blast of explosives intended for road construction by a Chinese firm in eastern Sri Lanka has killed at least 20 people, including two Chinese nationals, the Sri Lankan government said Friday.

Sri Lanka A’s bowlers ensured that there would be no fightback from the Pakistan A tail in Hambantota and that the match would end with bat having been utterly dominated by ball

(RTTNews) - Sri Lanka’s economy expanded at a faster pace between April and June compared to three months ago led by strong growth in industry and services, fresh figures showed on Thursday.

Colombo, Sept 17 : A retired senior diplomat in Sri Lanka, Nanda Godage, has testified before the war commission examining the final years of the long-running civil conflict which ended last year, that at least 2,000 young Tamils are being held in custody in the country without any charges being brought against them.

Sri Lanka ‘A’ beat Pakistan ‘A’ by 39 runs in their second unofficial Test concluded at Sooriyawewa International Stadium in Hambantota today. Set to make 179 to win, Pakistan ‘A’ were bowled out for 139 runs in 59.4 overs.