SRI LANKA NEWS UPDATES - SRI LANKA DAILY NEWS

Sri Lanka’s Marxist Janatha Vimukthi Peramuna today demanded a verification from the Sunday Leader editor over the common opposition candidate General Sarath Fonseka’s controversial statement alleging that the Defense Secretary ordered to kill surrendering LTTE leaders. The retired military chief and presidential election candidate said in an interview to the weekly newspaper Sunday Leader that [...]

Opposition Presidential candidate General (Retired) Sarath Fonseka launched his website at his political office on Rajakeeya Mawatha in Colombo this evening (December 24). Launching the site, the former Army Commander said that the state media has been utilized to sling mud at him since the day he decided to enter politics. However, General Fonseka stressed [...]

Stocks at the Colombo Stock Exchange reached an all time high of 3,162 points a short while ago. Gains were led by large cap stocks like Bukit Darah, Cheveron lubricants, Carsons Cumberbatch, Keells hotels and Indo Malay. 59 stocks were up for the day while 27 were down. Turn over was 543 million. First Guardian [...]

A US grand jury indicted Galleon hedge fund founder Sri Lankan-born Raj Rajaratnam and co-defendant Danielle Chiesi on charges of securities fraud and conspiracy in a major insider trading case involving employees of some top US companies. Tuesday’s indictment in Manhattan Federal Court, two months after they were charged along with others on October 16, [...]

Reconstruction of the television tower at Kokavil destroyed by the LTTE during their flight from the area is being accelerated and the tower will be operational soon, the government media said. The 172-meter high transmission tower is being constructed at a cost of 400 million rupees under the guidance of the “Uthuru Wasanthaya” Task Force. [...]

The weapons laden plane seized in Bangkoken route from North Korea at the weekend has been linked to two renowned East European arms traffickers by a respected Swedish think tank in the latest twist in the mysterious saga. The Ilyushin-76 aircraft, which was found to be carrying 35 tons of weapons including rockets and grenades, [...]

Sri Lanka President Mahinda Rajapaksa has ordered the police to remove all banners, cutouts, and posters displaying his portraits in public to ensure a free and fair election. The Inspector General of Police Mahinda Balasuriya said at a media briefing today that the President has given him clear instructions to implement the 14(1) of Presidential [...]

What happened to the large amount of gold and foreign assets that belonged to the LTTE but was taken over by the government when tiger leader prabakaran was killed in May this year asked UNP Parliamentarian Joseph Michael Perera. Making a special statement in Parliament today (8th) Mr. Perera said media had reported that a [...]

President Mahinda Rajapaksa inaugurated the construction of the first Phase of Colombo outer Circular Highway from Kaduweal to Kottawa with financial assistance from JAICA on 7th December. He ceremonially opened the plaque and inspected the road development project and sites closer by. Later President Rajapaksa attended the publicity rally organised by the local politicians for [...]

Dec 05, Colombo: Sri Lankan government is taking steps to resettle the Muslims who had been displaced for 20 years after they were evicted by the LTTE Tamil Tigers from their original places in the North. The government is to start the resettlement process of the displaced Muslims of the Northern Province, who are currently [...]