SriLankaItalia News

by Manjula Fernando

A member of the Sri Lankan delegation in Geneva said that if a minister had not been present at the current UN Human Rights Council sessions, Sri Lanka would have missed the opportunity to speak at length on its impressive progress so far.

He said the time slot for an officia... Read More ^

H.D.H Senewiratne

Overseas Reality (Ceylon) Plc, together with Bank of Ceylon will construct Sri Lanka’s largest shopping complex/mall as a joint venture project at a cost of US $ 100 million. The project will commence this year and is planned to be completed by 2016.

“This would be Sri Lanka’s largest shopping complex with a 250,000 leasable sq ft area with a higher proposition of food and beverage areas along with... Read More ^

Sri Lanka’s Permanent Representative to the UN in Geneva Ravinatha Aryasinghe today intervened during the screening of the “No Fire Zone: The Killing Fields of Sri Lanka” film of the UK’s Channel-4 and protested against attempts by the organizers to use the UN premises for t... Read More ^

Sri Lanka will come up trumps in Geneva

A large number of member nations will back SL :

India’s Janatha Party leader Dr Subramanian Swamy expressed his conviction of a positive outcome for Sri Lanka in Geneva on the basis of its outstanding feat of ending three decades of terrorism and safeguarding the lives of its people.

Sri Lanka need not have any fears about the outcome of the United Nations Human Rights Council sessions, sin... Read More ^

Lanka has advanced on economic front - Nelmes

Sara Pathirana

“Sri Lanka has accomplished remarkable advancement on a number of economic fronts over the past few years: growth has been vigorous, inflation has declined from high double digits, fiscal and external consolidation is underway and the Standby Arrangement was successfully completed,” John Nelmes, IMF Head of Missi... Read More ^

SL not to pursue new IMF funding programme

Since completion of the Stand-by-Arrangement successfully with the IMF in July 2012, the Sri Lankan authorities and the IMF have been engaging in a dialogue on the future relationship between Sri Lanka and the Fund.

In the meantime, Sri Lanka has moved to a more market oriented exchange rate determination regime and the country's reserves have increased to a much higher level when compared to the position at the beginning of the St... Read More ^

'Doing business Index upgraded Lanka ranking'

Rohantha ATHUKORALA

Sometimes I question myself as to why I spend 2 hours on a Sunday evening to pen an article to the papers, but from the feedback I get from Politicians, Diplomats, Business Chambers and the private sector, it has now become my little contribution to society. Technically, one can call it personal CSR.

December 2012.

December was an interesting month not only because it was Ch... Read More ^

Eurozone crisis is far from over - German Chancellor

by Dinesh Weerawansa reporting from Germany

BERLIN, Jan. 5. - German Chancellor Angela Merkel said the eurozone sovereign debt crisis is far from over even though reform measures designed to address the roots of the problem are beginning to bear fruit as retail sales in Germany increased as much as 2.1% last year.

She urged Germans to be more patient even though the eurozone crisis has already dra... Read More ^

Maldives observed a 3.7 percent drop in tourist arrivals in November compared to the same month last year, as neighbouring Sri Lanka overtakes Maldives in terms of tourist arrivals, Haveeru reported. Sri Lanka also recorded 883,353 tourists in the 11 months upto November compared to the Maldives' 866,310.

The tourist arrivals to the Maldives in November were at 82,311 compared to the 85,501 visitors during the same month last year.

Sri Lanka, meanwhile, increased its arrivals... Read More ^

The current Immigration and Emigration Act of 1948 is to be revised with sweeping changes by the Government by April next year to combat people smuggling and to deter the flow of unlawful sea migrants to Australia.

The Department of Immigration and Emigration has prepared a draft with the proposed amendments which involve revising 90 percent of the existing provisions in the Act. The document is now with the Legal Draftsman for fine tuning.

The Controller General of Immigrati... Read More ^