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[Last Updated = Tue, Jul 26, 2016, 11:29 am SL Time]
TOP STORY
Sri Lanka's largest multi-functional Irrigation Project is a personal dream come true for President Sirisena

July 25 (CP) Colombo- Sri Lankan President Maithripala Sirisena said the implementation of the Moragahakanda-Kalu Ganga Irrigation Development Project is not only a fulfillment of a long awaited aspiration of the farmers but also a personal dream come true for him. He made these remarks during the national ceremony to enshrine treasures to build the main dam of the Moragahakanda-Kalu Ganga Irrigation Development Project. The ceremony in this regard was held Monday (25) under the patronage of President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe in Moragahakanda.
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LEGAL - SITUATION

July 26 (CP) Colombo- The Ministry of Defense has promised to provide pensions to retired and disabled veterans of the armed forces and police. The Ministry's pledge comes in response to a protest launched by the Collective of Retired or Disabled Military and Police Personnel urging the President Maithripala Sirisena to intervene to provide them with a pension scheme.

July 26 (CP) Colombo- Sri Lanka's Presidential Commission of Inquiry into Serious Financial Crimes has summoned the Leader of the National Freedom Front Parliamentarian Wimal Weerawansa today. MP Weerawansa has been summoned to the Commission to record a statement over alleged irregularities reported at the State Engineering Corporation, when he was Housing and Construction Minister in the previous government.

July 26 (Island) Colombo High Court Judge Manilal Waidyathilake yesterday issued notice on the respondent Attorney General returnable on Sept. 8, 2016. This notice is pertaining to the bail application filed by former retired DIG Anura Senanayake, who is indicted on allegations of conspiring to murder and concealing evidence, pertaining to the killing of ruggerite Mohammed Wasim Thajudeen.

July 26 (DN) Six suspects including former DIG Vass Gunawardena and his son Ravindu Gunawardena, arrested for the alleged possession of firearms, were ordered further remanded till August 8 by Colombo Additional Magistrate Nishantha Peiris.

July 25 (CP) Colombo- Sri Lanka law enforcement authorities have decided to seek the assistance of the Interpol on the investigations into the recent seizure of 274 kilograms of cocaine at the Peliyagoda Container Yard.

** Related Story ::Police seize a 274 kilogram cocaine consignment worth over Rs. 4 billion

July 25 (CP) Colombo- The Court of Appeal in Sri Lanka will take up a Writ Application filed by the Marxist party, Janatha Vimukthi Peramuna (JVP) seeking an order to arrest and prosecute former LTTE leader Kumaran Pathmanathan alias KP on 25 October.

July 25 (CP) Colombo- The Colombo High Court today fixed the hearing of the bail revision application filed by former Western Province Senior DIG Anura Senanayake, who is in remand custody over his involvement in the cover-up of rugby player Wasim Thajudeen's murder.

July 25 (CP) Colombo- Sri Lanka's courts have ordered to release 49 fishermen from Tamil Nadu, arrested by Sri Lanka Navy for violating the International Maritime Boundary Line (IMBL) and poaching in the island's waters.

July 25 (CP) Riyadh- A court in Saudi Arabia has sentenced a US resident, convicted of killing his Sri Lankan wife, to five years in jail, according to a report in Arab News. The American is said to have hidden her body for eight months in a tube inside a pipe designed to detect gas in Al-Kharj desert.

More : LEGAL - SITUATION
* Long delay in conclusion of corruption case highlights need for remedial measures - lawyer (25 - Island)
* Man held for triple murder in Batticaloa (25 - DN)
* Four killed, another four injured in two accidents (25 - DM)
More : LEGAL - SITUATION

NEWS - HIGHLIGHTS

July 25 (CP) Colombo- The Government of Germany has granted 13 million Euros to Sri Lanka to implement five development projects during this year, the Finance Ministry said. The grant was pledged to Sri Lanka during President Maithripala Sirisena's official visit to Germany in February this month.

July 25 (CP) Colombo- The United States Navy vessel USS New Orleans (LPD 18) with embarked 13th Marine Expeditionary Unit (MEU arrived at the Port of Colombo in Sri Lanka on July 24 on a goodwill visit. Sri Lanka Navy in accordance with naval traditions welcomed the US ship on her arrival.


FINANCE - TRAVEL

July 26 (CP) Colombo- Sri Lanka's leading construction firm, Maga Engineering (Pvt) Ltd was recently awarded the contract to rehabilitate and improve 634 kilometers of rural roads in four districts of Sri Lanka, including their performance based maintenance for three years.

July 26 (Island) Cinnamon Life, an iconic mixed development project by the John Keells Group, announced a tie-up with HSBC Premier, where Premier customers can obtain home loan facilities to own an apartment at ‘The Residence at Cinnamon Life’

July 26 (DM) MAS Holdings partners with Flextronics International Ltd, a leading Sketch-to-Scale solutions company that designs and builds intelligent products for a connected world. With approximately 200,000 professionals across 30 countries, Flex partners with companies around the world

July 26 (DN) Sri Lankan government tax collections remain insufficient with only a relatively few companies and individuals shouldering the burden of tax payments, Finance Minister Ravi Karunanayake said. “For a country of 23 million people, there are only 48,000 corporate tax files,” he told the annual general meeting of the Exporters’ Association of Sri Lanka.

July 25 (CP) Colombo- Strengthening the gathering momentum ahead of the World Export Development Forum (WEDF) 2016, to be held in Colombo, Sri Lanka on the 12th and 13th of October, a trade delegation representing Sweden has confirmed their participation.

July 25 (Reuters) 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).

July 25 (DN) Ritz Carlton will be entering the Sri Lanka leisure market. The US based company will partner the Krrish group for the Krrish Tower project which has started piling. International Economic Affairs State Minister Suejeeva Senasinghe confirmed to Daily News Business that the Krrish tower construction has begun

More : FINANCE - TRAVEL
* Sri Lankan shares end down; turnover slumps (25 - Reuters)
* Sri Lanka’s NDB cancels EGM on concerns over required votes (25 - LBO)
* Increasing demand for property within Colombo and suburbs (25 - Island)
* Union Assurance shines at Insurance Industry Awards (25 - DM)
* Sri Lanka’s Amana Bank partners with Al Zaman Exchange (25 - Peninsula)
More : FINANCE - TRAVEL

POLITICS - GENERAL

July 26 (CP) Colombo- Japan and Sri Lanka will hold the Consultation on National Development Cooperation and the Economic Policy Dialogue on 26th July 2016 at Cinnamon Lakeside Hotel, Colombo, the Embassy of Japan said in a statement.

July 26 (Island) President Maithripala Sirisena has told the SLFP MPs of the Joint Opposition that he has nothing against the Pada Yathra being organised by the Joint Opposition against the government.

July 26 (DM) 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.

July 26 (DN) President Maithripala Sirisena has informed the SLFP rebels that they would loose their organiser posts, if they do not support the party’s future activities. According to UPFA General Secretary and Minister of Fisheries Mahinda Amaraweera, President Sirisena told them the party would be reorganised ahead of Local Government poll

July 25 (CP) Colombo- The Sri Lankan government has decided to immediately develop the vacant prime land in capital Colombo, the Minister of Provincial Councils and Local Government Faizer Mustapha has said.

July 25 (CP) Colombo- Sri Lanka's Minister of Ports and Shipping Arjuna Ranatunga says the government is facing many difficulties paying off the US$ 1.2 billion loan taken for Hambantota Port and the profit earns from the Colombo Port is used to pay off the Hambanthota debt.

July 25 (CP) Colombo- Sri Lanka has started talks with Chinese investors on the $10 billion Hambantota Economic Project to be implemented in the southern region of the island nation. The project would encompass the establishment of oil refineries, a power generation plant and industrial zones, Prime Minister Ranil Wickremesinghe said.

July 25 (CP) Colombo- Sri Lanka's joint opposition, the group of parliamentarians loyal to former president Mahinda Rajapaksa, says the 'Jana Satana Pada Yathra' protest march from Kandy to Colombo will be held successfully against the government on July 28 as planned regardless of any obstacle.

July 25 (CP) Colombo- Families of deceased or disabled Sri Lankan migrant workers employed overseas will receive compensation and salary dues from the Foreign Affairs Ministry. Minister of Foreign Affairs Mangala Samaraweera will be handing over approximately Rs. 65 million in compensation and other dues to families of deceased or disabled migrant workers.

July 25 (Hindu) Sixteen statues of Thiruvalluvar, the author of Tamil treatise on ethics Tirukkural, will be installed across Sri Lanka in the coming weeks, according to V. Radhakrishnan, State Minister of Education.

July 25 (Daily Times) China, Sri Lanka's biggest donor of foreign aid this year, has assured its 'fullest cooperation' to develop the South Asian island nation amidst increasing concern by India.

More : POLITICS - GENERAL
* President calls for national policy on integration, reconciliation (25 - Island)
* Executive Presidency should go: President (25 - DN)
* Empty lands in Colombo city limits to be developed (25 - DM)
More : POLITICS - GENERAL

SPORTS

July 25 (ESPNCI) Sri Lanka Cricket and Muttiah Muralitharan have traded caustic verbal blows following an altercation between Murali and the Sri Lanka team manager. SLC has made a formal complaint to Cricket Australia over the altercation, and has also contended Murali had conducted centre-wicket training at the Pallekele ground without permission.

More : SPORTS

July 25 (Daily Monitor) Sri Lanka's cricket board lodged a complaint Monday with the visiting Australians after their bowling consultant and local legend Muttiah Muralitharan was involved in a bust-up with his former colleagues. On the eve of the first of three Tests, board president Thilanga Sumathipala accused Muralitharan of insulting Sri Lanka team manager Charith Senanayake in a row over the Australians' use of a practice pitch in Colombo.

July 25 (AFP) COLOMBO- Sri Lanka's record-breaking spinner Muttiah Muralitharan launched a blistering attack Monday on his former bosses after they complained about his behaviour in his new role as a mentor to Australia. After his former employers said Muralitharan was damaging his legacy, the 44-year-old accused Sri Lanka's board of setting him up as a fall guy if the hosts lose a series to the visiting Australians.

July 25 (BBC) The World Anti-Doping Agency (Wada) is "disappointed" its recommendation to ban Russia from next month's Olympic Games in Rio has been rejected. Following the country's doping scandal, the International Olympic Committee has left it up to individual sports' federations to ban Russian competitors. Wada "stands by" its recommendation last month of a full Russia team ban.


WORLD

July 26 (BBC) Bernie Sanders has urged Democrats to put Hillary Clinton in the White House, in a speech to the party convention. The Vermont senator received a three-minute standing ovation when he took the stage in Philadelphia. "Hillary Clinton must become the next president of the United States," he said as the crowd erupted in cheers.

More : WORLD

July 26 (BBC) Nineteen residents have been killed in a knife attack at a care centre for people with mental disabilities in Japan. Such attacks are extremely rare in Japan - the incident in Sagamihara, west of Tokyo, is the worst mass killing in decades. Police have arrested a former employee, who went to a nearby police station and allegedly admitted to the attack.

July 25 (Hindu) A four-day long Inspector-General level meeting between the Border Security Force (BSF) and Border Guards Bangladesh (BGB) began here on Sunday to discuss and resolve border issues between the two neighbouring countries. A 21-member delegation of BGB led by its Chittagong sector Regional Director Brigadier General Mohammad Habibul Karim arrived here for the meeting with BSF led by Tripura frontier Inspector General J.B. Sangwan.

July 25 (AP) Flames raced down a steep hillside “like a freight train,” leaving smouldering remains of homes and forcing thousands to flee the wildfire churning through tinder-dry canyons in Southern California, authorities said on Sunday. The fire that has destroyed at least 18 homes in northern Los Angeles County gained ferocious new power two days after it broke out, sending so much smoke in the air that planes making drops on it had to be grounded for part of the afternoon.


About Sri Lanka ::-
Introduction to Sri Lanka ::-

Sri Lanka is a beautiful island paradise in the Indian Ocean with white sandy beaches lush greenery, exciting adventures, amazing wildlife, cascading waterfalls and a rich heritage. The island of Sri Lanka is roughly pear-shaped. The total area of Sri Lanka is 65,610 sq km. Sri Lanka’s coastline is about 1,340 km (about 833 mi) around.

The people in Sri Lanka are warm and friendly. Sri Lankans are known for hospitality in all over the world. People in Sri Lanka ethnically fall into four main categories. The population of Sri Lanka is about 20 million. Sri Lanka has a tropical climate. Sri Lanka has a democratic government. Sri Lanka is mainly an agricultural country. Colombo is the commercial capital of Sri Lanka. Sri Lanka gained independence in 1948. Sri Lanka was known as Ceylon.

In the nineteenth and twentieth centuries, Sri Lanka became a plantation economy, famous for its production and export of cinnamon, rubber and Ceylon tea, which remains a trademark national export. By 1996 plantation crops made up only 20% of export, and further declined to 16.8% in 2005 (compared with 93% in 1970), while textiles and garments have reached 63%. The GDP grew at an average annual rate of 5.5% during the early 1990s, until a drought and a deteriorating security situation lowered growth to 3.8% in 1996. The economy rebounded in 1997-2000, with average growth of 5.3%.

Sri Lanka, with an income per head of $1,350, still lags behind some of its neighbors including Maldives and Mauritius but is ahead of its giant neighbor India. Its economy grew by an average of 5% during the 1990s during the 'War for Peace' era. According to the Sri Lankan central bank statistics, the economy was estimated to have grown by 7% last year, although inflation had reached 20%.

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