30th August 2014

NO Political solution to Tamils for now (since 4th February 1948), We will only give Money to them – Minister Basil

30th August 2014 // 0 Comments

Minister claims NPC has ‘other priorities’ TNA must work with powers they have before asking for more devolution: Basil Says NPC can do much more with funds allocated Calls for NPC to cooperate with Economic Development Ministry Blames PC for railway link delays to Jaffna By Dharisha Bastians Observing what he called a ‘slowdown’ of development activities in the north, powerful Economic Development Minister Basil Rajapaksa yesterday called on the Northern Provincial Council to cooperate with his Ministry to push the process forward. Minister Rajapaksa said that his understanding was that the Northern Provincial Council was not very interested in development, because they had more important priorities. “But my own view is that people’s needs are more important than politicians’ needs. We need to attend […]

Sri Lanka exports jump on EU, US demand for garments

30th August 2014 // 0 Comments

COLOMBO, (AFP) – Sri Lanka’s trade deficit narrowed substantially this year thanks to increased demand for clothing exports to the United States and Europe, the island’s central bank said Thursday. Exports jumped 16.8 percent to $5.44 billion in the first six months of calendar 2014 compared to the same period last year, the Central Bank of Sri Lanka said. Imports meanwhile declined 1.2 percent to $8.99 billion compared to the same period last year, the bank said. Overall, the trade gap reduced from $4.44 billion in the first six months of last year to $3.55 billion in the same period this year, the bank said. Sri Lanka’s exports in mainly garments to the EU jumped 34.6 percent while those to the US increased 12.1 percent, […]

Lankan incidents draws UN attention

30th August 2014 // 0 Comments

CLICK TO VIEW VIDEO : https://link.brightcove.com/services/player/bcpid1722935254001/?bctid=3755084005001&autoStart=false&secureConnections=true&width=480&height=270 A UN official today noted that incidents in some countries, including Sri Lanka, clearly demonstrate that societies are grappling with identity based tensions. The UN official highlighted the important role played by the initiative known as the Alliance of Civilizations in building bridges to peace, especially amid the current instability in many parts of the world, as he kicked off a global forum in Bali, Indonesia. “The Alliance is here for you to serve as a soft power tool for conflict prevention, reconciliation, and to advance sustainable development,” said the High Representative of the Alliance of Civilizations, Nassir Abdulaziz Al-Nasser. Launched in 2005 through the initiative of Spain and Turkey, under the auspices of the UN, the Alliance seeks to promote […]