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[Last Updated = Fri, Jul 3, 2015, 01:13 am SL Time]
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President Sirisena rejects giving party nomination to former president Rajapaksa

July 02 (CP) Colombo- Sri Lankan President Maithripala Sirisena, who is the leader of the former ruling party, United People's Freedom Alliance (UPFA) and its main constituent Sri Lanka Freedom Party (SLFP), has rejected nominating his predecessor Mahinda Rajapaksa to contest the upcoming elections. President Sirisena has revealed his decision to reject giving nominations to former President Mahinda Rajapaksa at the UPFA party leaders' meeting held at the Presidential Secretariat this evening under the patronage of the President.
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LEGAL - SITUATION

July 02 (CP) Colombo- The Bar Association of Sri Lanka (BASL) has requested the Chief Justice not to assign a supreme court judge, who is accused of assaulting one of his female domestic employees, to hear court cases.

** Related Story ::CID to investigate Sri Lanka Supreme Court Judge accused of assaulting a maid

July 02 (Island) Inspector General of Police N. K. Illangakoon yesterday ordered the arrest of a Chief Inspector attached to a special unit coming under the Vavuniya Range for obstructing the duties of a team of policemen when the latter went to apprehend a group of treasure hunters.

July 02 (DN) Supreme Court Judge Justice Sarath De Abrew who allegedly assaulted a domestic helper with a pistol butt may face arrest or criminal charges. According to Police Media Spokesman ASP Ruwan Gunasekara, the CID which handles the case will report the details of the case to the Mount Lavinia Magistrate seeking a directive from the court for further action.

July 02 (DM) More than 20 police personnel attached to the Peliyagoda Crime Division were transferred with immediate effect in connection with the case where a constable attached to the unit was arrested by the STF last month on charges of selling heroin.

July 01 (CP) Colombo- Sri Lanka Customs officials have arrested a Sri Lankan national this morning at the Departure Lounge of the Colombo International Airport in Katunayake for attempting to smuggle out foreign currency worth Rs 11.4 million.

July 01 (CP) Mumbai- An international Colombo-Dubai flight had to be diverted to Mumbai's Chhatrapati Shivaji International Airport (CSIA) on Tuesday and made an emergency landing due to a medical emergency onboard the plane when a Sri Lankan passenger fell ill, Indian media reported.

July 01 (CP) Colombo- Sri Lanka Navy has declared a general amnesty period for its absentees, enabling them to receive their legal discharge from the Navy. A three-month amnesty period has been granted for the navy personnel who have left without following the proper procedure to report back to work and get discharged legally.

More : LEGAL - SITUATION
* Tourist hotel destroyed by fire (1 - Island)
* Boy arrested for playing cricket on street (1 - DM)
* NSC to come up with new plan for country’s security (1 - DN)
More : LEGAL - SITUATION

Gadadessa Eco Resort
NEWS - HIGHLIGHTS

July 02 (CP) Mawanella- Sri Lankan President Maithripala Sirisena today vowed to overcome any challenge thrown at him for the sake of country and people.

July 02 (CP) Colombo- Sri Lanka's state owned power monopoly Ceylon Electricity Board (CEB) is one of the few State enterprises that made profit in the first four months of this year, according to a government report.

July 02 (CP) Colombo- The Up Country People's Front, a party representing the Indian origin plantation Tamil population in Sri Lanka has decided to contest the upcoming parliamentary election with the United National Party, its leader V. Radhakrishnan told reporters in Hatton.

July 01 (CP) Colombo- Several trade unions and patriotic movements in Sri Lanka have decided to hold a protest campaign against giving nominations to former President Mahinda Rajapaksa to contest the forthcoming election, local media reports said. The trade union collective is scheduled to hold the protest opposite the Colombo Fort Railway Station on Friday (July 03) at 3 pm.


FINANCE

July 02 (CP) Colombo- In an initiative to attract Foreign Direct Investment (FDI) to the country, a delegation of Bangladesh Export Processing Zones Authority (BEPZA) is expected to visit Sri Lanka in the first week of August 2015.

July 02 (CP) Colombo- SriLankan Airlines, the national airline of Sri Lanka, is the new codeshare partner of airberlin and NIKI. The three airlines are to operate daily codeshare flights between Germany, Austria and Sri Lanka via Abu Dhabi, which can be booked as of now.

July 02 (CP) Colombo- Sri Lanka Export Development Board (EDB) Chairman and CEO Bandula Egodage said Sri Lanka should strive to reach the US$ 50 billion export revenue target by 2050. While admitting the target was challenging, Egodage said nevertheless it is feasible.

July 02 (Reuters) SINGAPORE/COLOMBO- Sri Lanka's state-owned Ceylon Petroleum Corp (Ceypetco) has suspended oil contracts worth millions of dollars that were signed last year for fuel deliveries, the company chairman told Reuters on Thursday.

July 02 (Reuters) Sri Lankan shares ended at a 2-1/2 month low on Thursday, falling below a key psychological barrier of 7,000 points, led by banks and telecommunication shares as political uncertainty ahead of parliamentary elections weighed on sentiment.

July 02 (Island) Central Bank Governor Arjuna Mahendran yesterday said that it would be in Sri Lanka’s economic interests to continue with government borrowings both onshore and offshore, in order to preserve the continued momentum of economic growth

July 02 (DN) Access Engineering PLC (AEL) has invested 100% and 50% of the ordinary shares of Horizon Holdings Ventures and Horizon Holdings for a consideration of Rs 273.6 million and Rs 250 million.

July 01 (CP) Colombo- Sri Lanka's capital market regulator, Securities and Exchange Commission (SEC) has said that Lanka Rating Agency Limited (LRA), one of the three credit rating agencies in Sri Lanka is not entitled in law, to carry on business as a Credit Rating Agency nor review ratings.

July 01 (CP) Colombo- Sri Lankan biz, facilitated by Export development Board (EDB), performed strongly at the recent 23rd China Import & Export Fair held in Kunming, China earning an income surpassing $2 million.

** Related Story ::Sri Lanka's exports sector to send a strong delegation to 2015 Kunming international expo

More : FINANCE
* Softlogic Finance positions for greater growth in Jaffna (1 - Island)
* Micro Cars begins local assembly of crossover SUV SsangYong Tivoli 2015-07-01 12:06:02 (1 - DM)
* Banks under pressure with LCR, NSFR regulations (1 - DN)
* Former Deputy Minister in scathing allegation on Treasury Bond scandal Cabraal, Wijewardena drafted COPE report (1 - CT)
More : FINANCE

POLITICS - GENERAL

July 02 (CP) Colombo- A departure of Mahinda Rajapaksa's loyalists from the Sri Lanka Freedom Party (SLFP) led United People's Freedom Alliance (UPFA) after President Maithripala Sirisena rejected giving nominations to the former president from the party, will provide opportunities for the young and educated members of the party to come forward.

July 02 (CP) Colombo- The High Commissioner of Pakistan in Sri Lanka Major General (Retd.) Shakeel Hussain reiterated Pakistan's continued support to Sri Lanka in enhancing younger generation's nation building capacities with better educational opportunities.

July 02 (CP) Colombo- The major Muslim party Sri Lanka Muslim Congress (SLMC) is planning to contest the upcoming parliamentary election with the United National Party ( UNP), its leader Rauff Hakeem has said.

July 02 (CP) Colombo- The leader of Sri Lanka's Democratic Party leader Field Marshal Sarath Fonseka said his party would contest the August 1 parliamentary elections independently. However, the party will consider joining an a common political alliance to contest the polls only if the former president Mahinda Rajapaksa's faction shows a likelihood of being a serious threat, the Democratic Party leader said.

July 02 (NIE) THIRUVANANTHAPURAM- Any country that makes foray into the Indian Ocean region should take into account "geo-political realities" and also the "individuality and security" of countries in that region, Sri Lanka's High Commissioner to India Sudarshan Senevirante has said.

July 02 (Island) The Government Medical Officers’ Forum (GMOF) has sought Election Commissi oner Mahinda Deshapriya’s immediate intervention to thwart the Health Ministry moving to establish a Drug Regulatory Authority (DRA) in violation of the Parliamentary Election law.

July 02 (DN) If by chance former President Mahinda Rajapaksa was given nomination to contest forthcoming General Election by President Maithripala Sirisena, the political parties that supported him to dislodge Rajapaksa will be forced to take serious political decisions against the President, Ports and Shipping Minister Arjuna Ranatunga yesterday told the Daily News.”

July 02 (DM) The ‘swan’ symbol may appear again on ballot papers at the August 17 general elections as the New Democratic Front (NDF) has conveyed its intention to contest the polls, party officials said yesterday.

July 01 (CP) Kabul- Afghanistan's Minister of Information and Culture Abdul Bari Jahani has left for Colombo, capital city of Sri Lanka Tuesday, Bakhtar News Agency reported . Minister Jahani is visiting Sri Lanka to attend a four-day cultural ministerial conference held in Colombo.

July 01 (CP) Colombo- Sri Lanka's Election Commissioner Mahinda Deshapriya Wednesday met with the Secretaries of the island's districts to prepare them for accepting nominations for the upcoming elections. The Commissioner and the District Secretaries held a special meeting at the Elections Secretariat Wednesday

July 01 (CP) Colombo- Former parliamentarian Rukman Senanayake is expected to contest the general election from the Kegalle District on the United National Party (UNP) ticket. Party Leader and Prime Minister Ranil Wickremesinghe today appointed Senanayake as the UNP Organizer for Deraniyagala electorate.

July 01 (CP) Colombo- Sri Lankan President Maithripala Sirisena has set the first task for the new parliament that will be convened on 1st of September.

July 01 (CP) Colombo- Former President of Sri Lanka Mahinda Rajapaksa making a special statement today announced his intention to contest the upcoming general election without stating from which party he would contest.

July 01 (CP) Colombo- If former president Mahinda Rajapaksa is given nomination as Sri Lanka Freedom Party's Prime Ministerial candidate, then his predecessor Chandrika Bandaranaike Kumaranatunga will also seek candidacy at the upcoming election, Kumaranatunga's Personal Secretary, P. Dissanayaka said.

** Related Story ::Former Sri Lankan President says she has no intention to grab power

July 01 (DailyFT) A major strain in the relations between the United National Party (UNP) and President Maithripala Sirisena started to show yesterday when Uva Chief Minister Harin Fernando expressed doubts about the President's bona fides and accused him of harbouring 'secret political agendas'.

More : POLITICS - GENERAL
* People will consign MR to the dustbin: Navin (1 - DM)
* Efforts to bring MS, MR together irk JVP (1 - Island)
* Creates confusion within MR Camp (1 - DN)
More : POLITICS - GENERAL

SPORTS

July 02 (S24) Dhaka - A new-look South Africa vowed to put their World Cup heartache behind them as they began their tour of Bangladesh, promising not to under-estimate their in-form hosts. "It is our first series after the World Cup so our players are coming nice and fresh over the World Cup disappointment," the Proteas' coach Russell Domingo told reporters in Dhaka after the team arrived in Bangladesh.

More : SPORTS

July 02 (MN) New England coach Trevor Bayliss has vowed to bring a typical Australian aggression to the side's Ashes bid, promising to "fight fire with fire". Bayliss, from Goulburn in New South Wales, will make history in Cardiff next week by becoming the first Australian to lead England in the battle for the urn. At Lord's on Wednesday he named his squad for the first Investec Test on July 8 -

July 02 (Dawn) LAHORE- The Pakistan Cricket Board is waiting for medical reports of fast bowler Wahab Riaz to decide whether or not to select him for Sri Lanka ODIs while Haris Sohail and Sohaib Maqsood have already been ruled out of the series on fitness grounds. The PCB selection committee will announce the squad in the next couple of days. Fitness issues of Pakistan players have been growing since the last one year and currently four players are struggling to recover.

July 01 (ESPNCI) Sri Lanka Cricket has reiterated its commitment to holding elections before the end of January next year, in the wake of the ICC's warning that "further non-compliance" could result in more sanctions. SLC interim committee chairman Sidath Wettimuny, who recently attended the ICC annual conference as an observer, maintained that while the ICC had publicly urged SLC to hold elections before the end of October, that date served only as a soft deadline.


WORLD

July 01 (Reuters) Recognising India's special role in stabilising the strategic Indian Ocean region, Chinese military officials and experts have warned that the region is not India's "backyard" and may result in clashes if this perception prevails, as per a PTI report. "The word backyard is not very appropriate to use for an open sea and international areas of sea,"

More : WORLD

July 01 (Dawn) KARACHI- At least 25 more people died of heatstroke in the province on Tuesday with environmentalists saying that the punishing heatwave has not yet fully gone and sea breeze has not yet returned to the metropolis despite decreasing temperatures and improved weather patterns.

July 01 (BBC) The US and Cuba will on Wednesday announce the opening of embassies in each other's capitals, a major step in re-establishing diplomatic ties severed in 1961, a senior US official has said. Relations had been frozen since the early 1960s when the US broke links and imposed a trade embargo with the Communist island.

July 01 (BBC) Police in India have rearrested the second of two prisoners who tunnelled their way out of Delhi's maximum security Tihar jail. One fugitive was arrested soon after the men were found missing on Sunday. The second was tracked down and arrested in the neighbouring state of Uttar Pradesh on Tuesday, local media quoted police officials as saying.


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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