Month: July 2016

Tobacco tax blazes to 90 percent, blank packs with health warning

A proposal to raise taxes on import of tobacco to 90 percent from the existing 72 percent will be taken up by the Cabinet tomorrow.

JO ‘Walk’ a puerile exercise – Prof. Wijesuriya

The ulterior motive behind the Joint Opposition (JO) protest march (Pada Yathra) is merely to create a shield to protect the a family and not for the betterment of the public, says Convenor of the National Movement for a Just Society, Professor Sarath Wijesuriya.

Sushma Swaraj holds meeting to solve fishermen issue with Sri Lanka

In an effort to find a permanent solution to the vexed fishermen issue with Sri Lanka, External Affairs Minister Sushma Swaraj yesterday (29) held a high-level meeting with various stakeholders and deliberated on its different aspects.

Sri Lankan shares steady; seen falling after rate hike

Sri Lankan shares ended steady in thin trade on Friday, though cautious investors fear the gains would be short-lived, as the central bank’s surprise move to raise key policy rates will hurt market sentiment.

CID grills former IGP Balasuriya over Lasantha murder

The Criminal Investigation Department (CID) is currently recording a statement from a former IGP Mahinda Balasuriya in connection with the murder of assassinated journalist Lasantha Wickrematunge, the police said.

Moratuwa Uni team wins big at Microsoft Imagine Cup

Making all Sri Lankans proud, BitMasters, the Moratuwa University Engineering Faculty team taking part in the world finals of Microsoft Imagine Cup 2016, won the second place under the Innovation Category.

Magnificent Mendis revives Sri Lanka with maiden ton

Sri Lankan Kusal Mendis struck a majestic maiden test century on day three of the first test against Australia to leave the bowler-dominated contest evenly poised at Pallekele on Thursday.

China asked for 15,000 acres of land In Sri Lanka for a million worker SEZ

China just requested 15,000 acres of land in southern Sri Lanka for the creation of a special economic zone that will reputedly create one million jobs

“Jana Satana Pada Yathra will be the largest protest march in Sri Lanka’s political history”

The ‘Jana Satana Pada Yathra’ will be the largest protest march in Sri Lanka’s political history, said Joint Opposition strongman Bandula Gunawardena

Muralidaran to be inducted into the ICC Cricket Hall of Fame

The International Cricket Council today announced that Muttiah Muralidaran, Karen Rolton, Arthur Morris and George Lohmann will be inducted into the ICC Cricket Hall of Fame later this year.

Sri Lanka’s military alert to activities of Tamil Tiger supporters

Sri Lanka’s military has been told to be alert to the activities of Tamil Tiger rebel supporters, the army media unit has said.

Foreign judges – My decision will prevail: MS

Amid different shades of opinion being expressed on the involvement of foreign judges in the proposed judicial mechanism to inquire into allegations of human rights and accountability issues…

Disabled soldiers end protest in Colombo

The protest carried out by disabled soldiers opposite the Colombo Fort Railway Station has come to an end.

Yahoo sold to US telecoms giant Verizon

YAHOO has agreed to sell its core business to telecom giant Verizon for $US4.8 billion ($6.4 billion), ending a 20-year run by the internet pioneer as an independent company, the firms announced.

Refrain from forming new fronts: MS tells JO

President Maithripala Sirisena , in a meeting last night, requested Sri Lanka Freedom Party( SLFP) MPs sitting in the Joint Opposition to refrain from forming any new political fronts and acting in a manner detrimental to the interests of the party.

Thai SCCC to buy Sri Lanka cement firm from LafargeHolcim unit for $374 million

Siam City Cement Pcl (SCCC) , Thailand’s second-largest cement maker, said on Monday it has signed a deal to buy a Sri Lankan cement company from Holderfin B.V., a unit of LafargeHolcim, for 13.1 billion baht ($374 million).