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Former UNP MP Contests From DNA

The co-organizer of the UNP for Kaduwela and former Parliamentarian Jayanthe Katagoda has decided to contest the general election from the Democratic National Alliance (DNA). Accordingly, Mr. Katagoda signed nomination papers at the office of DNA in the presence of the General Secretary of DNA Vijithe Herath.

[Sports] Lanka Cricket appoints Anura Tennakoon as new national team manager

Sri Lanka Cricket has appointed Anura Tennakoon as the new manager of the national team effective from Saturday. ...
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[Sports] JVP says no alliance with UNP

The leader of the JVP Somawansa Amarasinghe today stated that the JVP never had an alliance with the UNP and that each party that supported the candidacy of General Sarath Fonseka did so separately. “We have not formed any alliance with the UNP; we supported the General, the UNP supported the General and the other parties supported the General Separately,” Amarasinghe said....
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[Sports] Muralidharan for Nuwara Eliya District under SLFP ticket

Muthhiah Muralidharan, the Vice Captain of the SL cricket team has been appointed as the UPFA candidate for the Nuwara eliya District at the forthcoming Gen. elections....
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[Sports] Sanath Jayasuriya to contest Parliamentary elections

Sri Lanka's former cricket captain Sanath Jayasuriya has been included in the UPFA list to contest the April Parliamentary elections, party sources said. ...
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[Cricket] New Zealand push to play Sri Lanka in USA

WELLINGTON — New Zealand is poised to lead the way into the potentially lucrative United States cricket market with confirmation Saturday that talks are underway to play Sri Lanka in Florida this year....
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[Cricket] Cricket gets Olympic approval

Cricket has been officially recognised by International Olympic Committee (IOC) and can now bid to be include in future Games.I OC rubberstamped the sport’s recognition on Thursday....
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[Cricket] Madugalle's stadium ban decision upheld by ICC

The BCCI's appeal against the one-year ban on New Delhi's Feroz Shah Kotla stadium has been dismissed, the International Cricket Council (ICC) said on Wednesday. ...
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[Sports] Sri Lanka to fight Bangladesh for T20 gold

Sri Lanka is facing the surprising winner of the semi final round, Bangladesh for the gold in the T20 cricket competition of the 11th South Asian Games....
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[Sports] Statement of the attack against the Sri Lankan Cricket team not submitted – Pakistan Sports Group

The Pakistan Cricket Group had requested the Pakistan Defense officers to submit a detail explanation in regard to the attack against the Sri Lankan Cricket Team at Lahore, Pakistan last year, but the report in regard to this is still delayed....
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China to loan Sri Lanka $290 mln for airport, railways

China has agreed to lend $290 million to Sri Lanka to build a new airport and revive its railway network, the foreign ministry said on Wednesday.

Touch wood case and political uncertainty drive Sri Lanka shares down

While foreign investors continued with their selling of shares , Colombo stocks fell 0.68 percent on Tuesday due to negative investor sentiment amidst political uncertainity ahead of April General Elections, profit taking of investors, and intense selling of Touchwood shares, analysts said.

Asian Paints says products carry Lead-free guarantee

Asian Paints Lanka, the owner of a multi-brand portfolio of standard and specialized paints, has announced that its products in Sri Lanka are now covered by a Lead-free guarantee, following a global Green initiative begun by the India-headquartered coatings giant.

Colombo readies tax, investment reforms

Sri Lanka will initiate tax and investment reforms in its next budget following a parliamentary election in April, a government official said yesterday, amid pressure from the IMF to rein in a budget deficit.

Govt.’s incapacity to stick to budget targets hits share market and investments

Following the Govt.’s declaration that it had overshot its deficit target in its budget 2009 , and still worse , it will miss this year too , has caused a plummeting of the share market which fell 1.22 % to a more than one week low on the 3rd of March owing to a negative investor confidence.

Fitch Upgrades Singer Finance Lanka Ltd to 'BBB(lka)'

Fitch Ratings Lanka has today upgraded Singer Finance (Lanka) Limited's (SFL) National Long-term rating to 'BBB(lka)' from 'BBB-(lka)'. The Outlook is Stable.

John Keells presents Soft Skills workshops at the University of Moratuwa

“From this programme I was able to understand the gap between local graduates and the industry. I was also able to get a good idea about what the private sector needs and what [kind of] person they look for,” said T.H.K. Nawarathna, a Final Year student of the University of Moratuwa and participant at “The Final Step” – Soft Skills Workshops - a five-day series of soft skills workshops, conducted by John Keells Social Responsibility Foundation in collaboration with the Career Guidance Unit (CGU) of the University from 8-12 February, 2010 at the University of Moratuwa.

'FH Studio Collection' to Czech Republic after success at Colombo Fashion Week

Sri Lanka’s “FH Studio Collection’ has clinched markets in the Czech Republic following its success at the recent “Colombo Fashion Week 2010”.

Gas prices to remain same until elections are over

Gas prices will remain unchanged for the next two months, Minister Bandula Gunawardena said.

Sri Lanka clothing industry – ‘We will have ethics but no business’

Sri Lanka’s clothing industry has been admired for improving working conditions but it is now in crisis. Not through its own fault, but because of the Sri Lankan government’s alleged war crimes against ethnic minorities.
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Colombo News Desk CND