Although the role of the UN in advancing international peace, security and prosperity is crucial in the contemporary world, in order to gain the confidence and goodwill of the international community as a whole, one of the essential requirements is consistency of standards across the board without any perception of selectivity or discrimination, President Mahinda Rajapaksa said. “It is in this … [Read more...]

Sri Lanka is projected to maintain its current gross domestic product GDP growth next year as well while the inflation is projected to rise a percent above the current year projection of 5.0 percent in a newly released Asian Development bank (ADB) report. In an update of its flagship annual economic publication, Asian Development Outlook 2014 (ADO 2014), released today, ADB forecasts a GDP … [Read more...]

He also visited US five years later, in June 1999, to put diplomatic pressure on US against supporting Pakistan in Kargil. Modi had a big role in amending a House resolution criticising Pakistan to include cutting off World Bank, IMF and Asian Development Bank loans to Islamabad for its Kargil intrusion. Yes, it was a hush hush mission which has come to light only off late. He now returns as a … [Read more...]

Responding to the media reports circulating that Tiran Alles will join with United National Party (UNP), Tiran Alles explained to Lankapuvath the National News Agency that there is no involvement between United National Party (UNP) and him whatsoever. Speaking further, Mr. Alles stated that he didn’t take such decision to join even with the leader of the Democratic Party Sarath … [Read more...]

Responding to a question raised in Parliament yesterday (24) by the leader of Janatha Vimukthi Peramuna (JVP) Anura Kumara Dissanayake, the Minister of Co-operative and Internal Trade, Johnston Fernando stated that the private sector purchased paddy from farmers at a higher rate than the certified price, due to the Government's moves initiated to guarantee a good income to the farmer. Speaking … [Read more...]

The Secretary General of the Organization of Islamic Cooperation (OIC) Mr. Iyad Ameen Madani called on President Mahinda Rajapaksa yesterday (25) in New York City. The meeting took place on the sidelines of the United Nations General Assembly taking place this week. President Rajapaksa said that with the election of Mr. Madani to the office of OIC Secretary General, Sri Lanka hopes to facilitate … [Read more...]

Deputy Finance and International Monetary Co-operation Minister Dr Sarath Amunugama said in Parliament today that both government and private sector organizations had implemented various loan schemes to promote entrepreneurial opportunities for the women in the North and the East. Responding to a question raised by UNP Hambantota District MP Sajith Premadasa, the minister said that … [Read more...]

The Ministry of Coconut Development and lanatha Estate Development has planned to implement a Strategic Development Programme to generate an income of US Dollars 01 Billion, by 2020, through coconut based industries in Sri Lanka. Accordingly, a special plan has been compiled to propagate and expand coconut cultivation in the Northern Sri Lanka. It is envisaged to get the land adjoining the … [Read more...]

Mr. President, Excellencies, Ladies and Gentlemen, I congratulate Your Excellency Sam Kutesa on being elected as the President of the 69th Session of the United Nations General Assembly. We wish you success and assure you of our fullest cooperation. The theme for this Session, “Delivering on and implementing a Transformative Post-2015 Development Agenda”, is timely. The world has undergone … [Read more...]

Deputy Minister Rohana Dissanayake says 400 new busses will be deployed for transport services between main cities and in the Colombo metropolitan areas. Addressing the parliament yesterday the minister said measures have already been taken to strengthen the state transport service while securing the private transport sector. … [Read more...]