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I’ve No Intention Of Retiring From Cricket – Jayasuriya

He has no intention of retiring from playing cricket at the moment and his target is to play for the 2011 World Cup says Parliamentarian of the UPFA for Matara District Sanath Jayasuriya. Speaking to a West Indian newspaper Jayasuriya has said he would think about retiring from cricket only after playing for the 2011 World Cup.

[Sports] Cricket after first full day in Parliament for some MPs

Some of the young first time entrants to Parliament seem to believe in the adage “ all work and no play makes one a dull boy” and hence after House sittings adjourned this evening , they enjoyed a game of cricket at the grounds of the Parliament complex at Kotte. ...
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[Sports] Guntur to host Indo-Lanka carrom Test match

GUNTUR: The third and final Indo-Sri Lanka carrom Test match will be played at L.V.R & Sons Club here on May 6. The two teams will clash in a three-Test match series from Saturday. The two first matches would be played on Siva Sivani Campus, while the L.V.R & Sons Club would host the third match. ...
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Economists visiting Sri shocked by Wimal’s actions

Finance Minister and Economic Development Ministry Secretary Dr. P.B. Jayasundera has informed Economic Development Minister Basil Rajapaksa that economists representing international organizations who have arrived in the country to explore the possibilities of granting aid to the country, have been shocked a petrified by NFF Leader and Wimal Weerawansa’s protest outside the UN launched on the 6th, sources from the Finance Ministry said.

New BOI project for economic development in Information Technology sector

The IT/BPO industry in Sri Lanka is witnessing tremendous growth due to the expansion of the global BPO industry. This is further supplemented with the availability of a highly skilled talent pool at a competitive cost to cater to the needs of the industry. Domestic IT adoption is also increasing significantly, driven by the awareness created by the initiatives taken to build IT capacity and competence in rural areas of Sri Lanka. The growth of telecom penetration, increasing use of IT and strong focus on ICT education in schools has also encouraged this growth. The use of technology and outsourcing as a means to reduce cost will continue to drive the growth of IT/BPO sector in Sri Lanka.

Jet awaits govt nod to launch more flights to Colombo

Jet Airways has so far not got official permission to launch additional flights to Colombo, four months after it applied, an airline official said.

The US GSP also at stake

The US government has decided to review the GSP facility extended to 3,400 Sri Lanka exports to the country.

STOP LABOUR RIGHTS VIOLATIONS IN THE APPAREL SECTOR AND COMPLY WITH ILO STANDARDS TO PROTECT US GSP

The US government has accepted a petition to review the US GSP status enjoyed by Sri Lanka.

New BOI projects reflect growing importance of tourism sector in economic development of Sri Lanka.

The Board of Investment promotional strategy will focus mainly on 5 areas during the next five years, which include dairies, tourism and leisure, education, IT/BPO and urban infrastructure development. Since the Tourism sector has the potential of becoming a major contributor in the economic development of the country, the government aims at building up this industry so that it may offer a world standard product.

Fitch Downgrades Sinhaputhra Finance PLC to 'B(lka)'

Fitch Ratings Lanka has today downgraded Sinhaputhra Finance PLC's (SFL) National Long-term rating to 'B(lka)' from 'BB-(lka)'. The Outlook is Negative. Although liquidity pressure faced by the company has waned, Fitch notes the significant increase in the regulatory six-month NPLs and consequent deterioration in the net NPL/equity ratio, and depressed profitability.

FITIS offers ICT Partnership Opportunities

The Federation of IT Industry Sri Lanka popularly known as FITIS offers its members a unique opportunity to create ICT partnerships. In finding new regional partners ICT companies can now join the business exchange and multilateral trade visit programs they offer through their regional body ASSOCIO.

Tri-Star Apparel provides jobs for 400 rehabilitated ex-LTTE cadres

400 ex-LTTE female cadres who received vocational training in rehabilitation centres have received jobs at the Tri-Star Apparel Factory in Alawwa.

GSP Plus benefit will not be extented unconditionaly

The Delegation of the European Union to the Democratic Socialist Republic of Sri Lanka & the Maldives would like to clarify information which has appeared in several press articles related to the ongoing dialogue on GSP plus between the European Commission and the Government of Sri Lanka.
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Colombo News Desk CND