Sri Lanka Source news Sri Lanka Source news Rss feed

  • Rajapaksa pledges to continue fighting external elements for peace in Sri Lanka

    Beijing, May 18 (Xinhua-ANI): Sri Lankan president Mahinda Rajapaksa on Saturday renewed his pledge to fight all "external elements" seeking to "disrupt" the country's peace at the fourth anniversary celebration of winning the three-decade war. He was alluding to foreign countries, led by the United States, who have been critical of Sri Lanka's human rights record and called for an independent ...

  • Sentiment Not Fundamentals Drives Bourse

    It's sentiment and not fundamentals that's driving the market, a market source said, referring to the gains made by the bourse at Thursday's and Friday's trading, after falling in the first two days of trading last week, and being flat on the third. The gains made by the bourse on Thursday and Friday come in the backdrop of net foreign inflows (NFI) being virtually flat on ...

  • Arrested players admit to fixing charges

    The Delhi police on Friday confirmed that arrested Rajasthan Royals players Sreesanth and Ankeet Chavan confessed to their involvement in spot-fixing in IPL 6 matches. Chavan reportedly said that he got lured and made a huge mistake. Sources say the transcript shows that Chavan was initially reluctant but later succumbed to the bait as the bookies kept on increasing the inducement. Chavan ...

  • To Split Or Not To Split…

    The pros and cons of splitting the insurance business cropped up at a seminar in Colombo last week. This was in the context of the insurance regulator mandating the splitting of composite insurance companies separately to that of general insurance and life respectively, to be executed by 2015. Another development is that it is mandated that all insurers will have to list by 2016. The majority ...

  • Business Sector Braces For Strike Workers’ Set To Down Tools On Tuesday

    Business activities are likely to be severely disrupted owing to the strike that is to take place on May 21. The proposed nationwide strike called for this Tuesday (21) by the Coordinating Committee of a Joint Trade Union Alliance comprising the main opposition UNP and JVP trade unions is to extend to the private and estate sectors along with the public sector. The Committee comprising of over ...


partlycloudy
Colombo Weather
29°C Scattered Clouds
Winds: From the SW at 9 MPH
Sun
chancetstorms
32° 27°
Mon
chancetstorms
31° 26°
Tue
chancetstorms
30° 26°
Last Updated on May 18, 10:40 PM IST
Weather sourced from Weather Underground

Movie Review

The Pillow Book

Those who are already die-hard fans of British filmmaker Peter Greenaway may find cause for celebration in his newest film, "The Pillow Book." Those who hate his work will find more reason to despise him and call him pretentious and banal. And those who have never been exposed to his work will probably just be confused. Like all Greenaway's films, "The Pillow Book" is nothing if not a visual marve ... ...

On Facebook

  • Per Capita Debt Continues To Skyrocket

    The government's continued borrowing at commercial rates has increased the per capita debt to Rs 245,980 by the end of 2011 while the per capita interest component on these loans has increased by Rs 23,153 between 2010 and 2011. The Auditor General in the 2011 Report which was released recently has noted that internal and external borrowings of the government from 2007 to 2011 have been ...

  • SL Not In A Position To Capitalise On Bangladesh Opportunity

    By Camelia Nathaniel The Bangladesh apparel industry is facing a severe crisis following the collapse of the garment factory building which killed over a thousand people. Workers at other apparel factories have gone on strike demanding safety guarantees and even buyers and retailers are under pressure to extract guarantees on workers' safety. With production likely to fall as a result of ...

  • Sri Lanka Beats BRIC But…

    By Rohantha Athukorala World Bank ratings of the Doing Business index of 2012 revealed that Sri Lanka has pegged up to number 81 ahead of the BRIC countries and South Asia. To be specific China is at 91, Russia 112, India 132 and Brazil trailing at 140. Hence, post-war the overall ratings picking on Sri Lanka on many fronts is commendable given that almost two thirds of the economy is the ...

  • Ceremony held in honour of fallen soldiers

    A ceremony was held in honour of the soldiers who sacrificed their lives during the war at the National War Memorial in Sri Jayawardenapura Kotte which the fallen ...

  • SLC Combined make it to final

    SLC Combined will play in the final of the List A tournament in Pallekele, after making short work of Sri Lanka A in the final round-robin match. Off-spinning allrounder Sachithra Serasinghe took four wickets and effected a run out to help dismiss Sri Lanka A for 176 before returning with the bat to strike a brisk 47 that took his side to the cusp of a six-wicket win. SLC Combined reached their ...

More Sri Lanka Source news