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Sri Lanka ruling alliance to introduce a new draft constitution at presidential election

August 24, 2014 at 11:37 pm

Sun, Aug 24, 2014, 08:20 pm SL Time, ColomboPage News Desk, Sri Lanka.

Aug 24, Colombo: Sri Lanka’s ruling United People’s Freedom Alliance (UPFA) is getting ready to introduce a draft constitution for public discussion at the upcoming presidential election.

According to party sources, the alliance will seek a mandate for the constitutional reform and discussions are also underway regarding the powers of the executive presidency.

Wigneswaran seeks Treasury approval for CM’s fund

August 24, 2014 at 11:29 pm

 

By Chris Kamalendran

 

The Northern Provincial Council has sought Treasury approval to operate a ‘Chief Minister’s Fund’ despite objections by the Governor, a spokesman for the Chief Minister’s office said. The Council had granted approval for the establishment of the fund which hopes to attract aid from foreign donors and well-wishers. Similar funds have been set up in three provincial councils — the Southern, Sabaragamuwa and the Uva PCs.

Sri Lanka’s Central Bank explains the strategy in hiring lobbying firms in US

August 24, 2014 at 11:23 pm

Mon, Aug 25, 2014, 10:45 am SL Time, ColomboPage News Desk, Sri Lanka.

Aug 25, Colombo: Sri Lanka’s Central Bank says that a comprehensive overseas campaign to provide an accurate account of the Sri Lankan political and economic environment to the United States is needed in order to counter the extraordinary and vicious campaigns carried out by sections of the Tamil Diaspora in the US.

Responding to a recent report by Sunday Times on the Bank’s recent hiring of the Liberty International Group LLC, a lobbying firm in the U.S., at an annual fee of Rs. 99 million (approximately US$ 760,000) for a year, the Central Bank said in a statement that to carry out such a campaign effectively and successfully in the U.S., the normal practices in the U.S. have to be followed, based upon proper advice and effective interventions.

Hemas Group revenue up by 20%

August 24, 2014 at 11:16 pm

August 24, 2014, 9:01 pm article_image Hemas CEO Steven Enderby It gives me pleasure to present the first quarter performance of  your Company for the financial year 2014/15. The Group recorded a consolidated  revenue of Rs. 7.3Bn, a growth of 20%. Group operating profit closed at Rs. 452  Mn while earnings stood at Rs. 247 Mn, a decline of 12%. The variance between  top line growth and decline in earnings is explained by sharp variations in  performance of the different sectors within the Group.

CEB and ministerial gobbledygook

August 24, 2014 at 11:12 pm

August 24, 2014, 9:10 pm article_image Minister for Power and Energy, Pavithra  Wanniarachchi boasts, the Ceylon Electricity Board (CEB) is now making profits  and proposes to reduce the tariff, when once the third Coal Power Plant at  Norochcolai is commissioned. What baffles consumers is that Minister Anura  Priyadarsana Yapa says the CEB owes several billions to the Ceylon Petroleum  Corporation (CPC) and if that amount is settled, by CEB, the CPC will be running  at a profit. Who is fooling whom?

The right to land and the right to development – Irreconcilable differences?

August 24, 2014 at 11:09 pm

August 24, 2014, 9:11 pm
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Introductory Remarks of Prof Rajiva Wijesinha as  Co-Chair of the Session at the Forum on ‘Sri Lanka’s Road to Sustainable  Development’ organised by the Law and Society Trust, August 22nd 2014

Are we all gypped?

August 24, 2014 at 11:07 pm

August 24, 2014, 9:12 pm
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In view of what is happening daily all around us  in the paradise of Sri Lanka, the above question is quite relevant. A couple of  illustrations should be sufficient to illustrate my point and a few suggestions  should enable us to seek solutions to this problem.

SF has extremely short memory

August 24, 2014 at 11:02 pm

Election Secretariat responds to DP Leader’s allegations:

August 24, 2014, 12:00 pm
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By Shamindra Ferdinando

The Election Secretariat yesterday said that former Army  Commander Gen. Sarath Fonseka had conveniently forgotten the circumstances under  which Polls Chief Mahinda Deshapriya recognised his Democratic Party (DP) in  early April 2013.

island.lk

August 24, 2014 at 10:59 pm

Ministry of Defence and Urban Development has announced that the  new floating market constructed in Pettah will be declared open by Health  Minister Maithripala Sirisena today at 5.00 pm with the participation of Defence  and Urban Development Secretary Gotabhaya Rajapaksa. Earlier the opening  ceremony was scheduled for Friday but it had to be postponed due to inclement  weather. The floating market was constructed under the Colombo city  beautification project

Editorial- island.lk

August 24, 2014 at 10:51 pm

Preparing for future drought

August 23, 2014, 7:10 pm

Two monsoons bless this island of ours although they no longer  arrive with clockwork precision as used to be the case some decades ago. There  is no need to labor the reasons why as they are too well known to bear  repetition. The fact that we have been seeing some rain in the last couple of  days would lull many of us into complacency that the long drought that had  caused so much hardship to our countrymen living in the worst-hit areas has  finally ended. But that, unfortunately, is not the case. While some of the  reservoirs serving the big hydroelectricity generating schemes like Castlereagh  and Kotmale are fairly fully, many others are not. According to the CEB, the  collective picture is that the reservoirs are about 60 percent full when they  should carry about 80 percent of their capacity at this time of the year. So  also the big irrigation reservoirs in the dry zone; water levels have plummeted  and although we occasionally see pictures of an open spill here or there, photos  of the cracked earth of parched tank beds are more common. This has compelled  limited water issue for paddy cultivation and in some areas farmers have  switched to alternative crops like maize, soya, millet (kurakkan) and sesame (thala)  that need less water. The construction of agro-wells to support such cultivation  has been a mitigating factor.


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