This year’s Sri Lanka Day Expo will be held on August 7, 2010 at the Third Street Promenade in Santa Monica, California. The event... »
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Analysis
Loss making State ventures get better focus Public-private partnerships strengthened:
The private sector investors are presented with an investment opportunity to revive loss making public enterprises working towards a public-private partnership with the setting up of the State Resource Management Corporation Limited. The planned State Resource Management Corporation will be a vibrant company with 100 percent state ownership to make maximum use of idle... »
Gold Reserves up
*Total value amounts to US $ 700 million *Overseas investments net additional Rs 10 billion The Central Bank has been able to amass record gold reserves with the Central Bank taking steps within the past 10 months to purchase 21 metric tons of Gold – an increase from the paltry two to three tons... »
Sri Lanka to sell billion-dollar bond: government
Sri Lanka plans to sell a billion dollar sovereign bond this year to offset expensive short-term foreign loans, the government said Thursday. Media Minister Keheliya Rambukwella said the cabinet approved the move this week, but did not announce a formal date or the tenure of the proposed bond issue. “We have taken short-term loans... »
Sri Lanka on track for record tea crop
Sri Lanka, one of the world’s biggest black tea exporters, produced nearly 30 percent more tea in the first half of the year and is on track for a record crop, an official said Friday. Tea is Sri Lanka’s biggest cash crop and is sold in overseas markets as “Pure Ceylon Tea”. The industry... »
Muttiah Muralitharan reached historic landmark taking 800 Test Wickets
Number 8 is lucky for Murali.So, 800 wickets indicates his lucky number. The occult number of ‘Muttaiah Muralitharan’ is 60 that adds up to 6.So,July 6 was significant for him. On that day, he declared his retirement. His birth number is 8.Number 8 has highly influenced his career. He was born on April 17,... »
TSUNAMI WARNING SYSTEM TEST A SUCCESS; 14,000 EVACUTED TO HIGHER GROUND
Sri Lanka completed its first ever mass tsunami evacuation drill this week. Over 14,000 people were evacuated in 14 coastal districts. “We selected one village in each district to carry out the drill and the evacuations were orderly,” Pradeep Kodippili, assistant director for early warning at the country’s Disaster Management Centre (DMC) told IRIN.... »
LTTE down, but not out; Tamil Diaspora keeps them alive
In a wide ranging and well researched article published in the South Asia Intelligence Review of the South Asia Terrorism Portal, Asutosha Acharya, a research assistant with the Institute for Conflict Management, has given enough material for one to believe that the LTTE may be down but not out, and they pose more than... »
Keeping ‘virtual criminals’ at bay
What will you do if your National Identity Card is lost or stolen? Gone are the days when you panicked over such a ‘trivial’ matter. Just an ‘official’ police complaint and a fresh application addressed to the Registrar of Persons for a new ID will settle the whole issue! But what will you do... »