Jul 3 (FT) Governance is an open subject. Corporate governance is a great subject. Governance leads to management. Management leads to governance. Good governance has to follow finance and administration rules and regulations. The governance of a country is based on a constitution. A company is managed based on its memorandum and articles of association but under the New Companies Act M & A is not mandatory. A company can have its own M&A and FR&AR for more..

Jul 3 (CT) Sir Richard Branson the billionaire who had a penchant for drugs and once shared drugs with his son, has now tweeted a surprisingly stupid message stating that Sri Lankan President @MaithripalaS wants to bring back the death penalty in Sri Lanka. I hope he takes a cue from the Maldives President and decides otherwise. Executions can be devastating and are never the solution. The wonderful people of Sri Lanka deserve better than this. more..

Jul 3 (EN) China’s state-owned power plant and railway equipment manufacturer Dongfang Electric International Corporation has won a contract to supply rail containers to Sri Lanka to transport solid waste. The containers are to carry solid waste by rail from Kelaniya, near the capital Colombo to a planned sanitary landfill in Aruwakkalu, in northwestern Puttalam. Project is meant as a solution to Colombo’s mounting solid waste stocks, most of which are now dumped in landfills. more..

Jul 3 (Island) Govt had decided to present a motion to Parliament against the death penalty, govt MP said. He said it would be a private member’s motion. Prez Sirisena said late last month that four notorious drug traffickers would be hanged shortly. The decision was opposed by both PM Wickremesinghe and Opposition Leader Mahinda Rajapaksa. MP said that the private member’s motion against the death penalty would easily be passed because most MPs were against the death penalty. more..

Jul 3 (AD) IGP Pujith Jayasundara and former Defence Secretary Hemasiri Fernando have been further remanded until the 9th of July. Former Defence Secretary was taken into custody by a team of CID officers who visited the hospital earlier yesterday. He continued to remain at the hospital under the CIDs custody. Meanwhile, IGP Pujith Jayasundara was also arrested by the CID while receiving treatment at Police Hospital more..

Jul 3 (LBO) Board and Management of SriLankan Airlines have taken a decision to relocate all its corporate offices in the World Trade Centre to its main operational hub in Katunayake. Management of SriLankan Airlines emphasized that it is business as usual for all their customers as none of the key sales and customer-centric frontline operations will be relocated contrary to recent media reports. Accordingly, Sri Lanka Sales, FlySmiLes, Global Contact Center and the Cargo Sales Offices more..

Jul 3 (DN) The report of the probe into corruption in SriLankan Airlines will be provided to Parliament and released to the public, President Sirisena promised yesterday, confirming that he had already received the report from the investigating committee. Addressing a function at Siripura Central Maha Vidyalaya, Polonnaruva, yesterday, the President declared that he did not take the office of the President to protect certain individuals but to protect the people of the country. more..

Jul 3 (EN) Cabinet of ministers had given initial clearance for a cable car project in hill country town of Nuwara Eliya targeting local and foreign tourists. A 50 million US dollar project has been proposed by a firm called Outdoor Engineering Lanka (Pvt) Ltd and its partner Doppelmayr Cable Car, a foreign firm. The firm will build a cable car system on 21 towers running from Nanu Oya railway station to Lake Gregory in Nuwara Eliya. more..

Jul 3 (DN) The Australian based UTS Insearch Sri Lanka University which will open in October will woo foreign students from the region to study in Sri Lanka, opening up Sri Lanka as a regional education hub, said Chair of UTS Insearch Sri Lanka, Professor John Wood. He said that their university also has opened up in other parts of Asia and Sri Lanka was selected above other countries in the region due to its high skill of education professionals. more..

Jul 3 (DM) Railway Department sources indicated that the General Manager of Railways Dilantha Fernando has resigned from his post yesterday. It was further revealed that his letter of resignation had been handed over to the Secretary of the Ministry of Transport and Civil Aviation L.P. Jayampathy yesterday. It is revealed that the reason for his resignation is the influence exerted by the Transport Ministry officials to take back a Trade Union Secretary who had been interdicted more..

Jul 3 (DM) All railways trade unions have decided to launch a strike from midnight today over the Transport Ministry’s failure to sign a letter suspending a shunting driver who was caught under the influence of liquor while on duty, one trade union said. SL Freedom Railway Workers Association (SLFRWA) Secretary Nadeera Manoj said the Railways General Manager (GMR) had written to the Transport Ministry Secretary requesting to more..

Jul 3 (Island) A comprehensive workshop on the Advanced Life Support organized by the Department of Anaesthesiology, Critical care and Pain management at the Colombo Army Hospital was held there last week. This was done under the guidance of Colonel Dhawala Perera, Consultant Anaesthesiologist and Head of the Department of Anaesthesia and the Course Director Lieutenant Colonel Champika Abeysinghe, Consultant Anaesthesiologist. more..

Jul 3 (ICC) Sri Lanka have been fined for maintaining a slow over-rate in their 45-run loss against New Zealand in the first One-Day International in Mount Maunganui on Thursday. Richie Richardson of the Emirates Elite Panel of ICC Match Referees imposed the fine after Lasith Malinga’s side was ruled to be one over short of their target when time allowances were taken into consideration. In accordance with Article 2.22 of the ICC Code of Conduct for Players and more..

Jul 3 (EN) Ceylon Chamber of Commerce has expressed concern over defence and aid deals Sri Lanka is to sign with the US and called for more transparency on the agreements. It said in a statement the govt should get legislative approval for the planned Status of Forces Agreement (SOFA), and Millennium Challenge Corporation (MCC) Agreement. SOFA, which allows the American military to operate in the island, more..

Jul 3 (DM) SL’s egg producers warn that the crisis-hit broiler chick producers may supply the fertilised eggs of their excess broiler-breeder parent stocks to the market leading to a collapse of the local egg industry. “The broiler chick producers have been in crisis since September 2018 as they continued to supply excess quantities of day-old-chicks (DOC) to the market in the absence of controls by the Department of Animal Production and Health (DAPH) to maintain the procurement of more..

Jul 3 (Island) Prez Commission of Inquiry (PCoI), told Chief Legal Officer of the Ceylon Petroleum Corporation, M. Wadood, that any attempt to intimidate witnesses to the commission would be considered a contempt of the commission and serious action would be taken. On June 18 the PCoI issued notice on Chief Legal officer of the Ceylon Petroleum Storage Terminal Ltd., (CPSTL), Lionel Gunasekera for allegedly attempting to intimidate Deputy Internal Audit Manager more..

Jul 3 (AD) Special Investigation Unit (SIU) has launched an investigation into the allegations of inaction by the Bandaragama Police over complaints lodged by a Muslim female on harassment against her, stated the Police Media Spokesperson. A Muslim woman named Abdul Hassan Fathima, speaking at a press conference held with the General Secretary of BBS, yesterday, stated that the Bandaragama Police did not more..

Jul 3 (AD) JVP MP Sunil Handunnettti says that they intend to discuss in Parliament in the future regarding the information provided by the GMOA against Minister Rajitha Senaratne. He stated this while speaking to reporters following a meeting held with representatives of the GMOA this morning. He said that the association has presented documents of information against the Health Minister and that they contain certain issues already discussed in Parliament. more..

Jul 3 (AD) JVP MP Nalinda Jayatissa questions as to how political leadership is deemed important to eradicate the drug menace in the country, but when it comes to national security the responsibility solely falls on the officials. He said that the President has once again started speaking linking the Easter Sunday attacks to the illicit drug rackets. And now the former Defence Secretary and the IGP have been arrested and remanded in connection with the attacks on April 21, he said. more..

Jul 3 (AD) MP Wimal Weerawansa says that the US Ambassador should clarify what is the necessity for the SOFA Agreement, which he claims contains clauses that could potentially lead to war hideouts in Sri Lanka, if there is no intention to set up military camps in the island. NFF leader today issued a statement in response to the Twitter message from US Ambassador to SL, Alaina B. Teplitz, stating that there are no plans to more..

Jul 3 (Island) The illegal emergency power purchases had become the number one scam in the country, bigger than the bond scam at the Central Bank masterminded by the same four persons, Nalaka Godahewa of Dushana Vidu Netha told media. "In 2019, the CEB purchased 670 mw of emergency power an increase from 158 mw in 2018. The number was 100 mw in 2016. The emergency power purchases for 2019 is even larger than the total capacity of Mahawali Complex," more..

Jul 3 (EN) Sri Lanka's tourist arrivals fell 57% in June 2019 from a year earlier, followingthe Easter Sunday attack, the tourism regulator said, recovering from a 70.8% fall in May. 63,072 tourists arrived in the island in June, from 146,828 a year earlier. SL Tourism Promotions Bureau Chairman Kishu Gomes had said in early June that arrivals had recovered to around 2,000 tourists a day. Towards the end of the month, arrivals had recovered further to 2,500 a day, he had said. more..

Jul 3 (FT) The proposal by Minister Ravi Karunanayake to remove economic and regulatory powers of the Public Utilities Commission has been criticised by Non-Cabinet Minister Dr. Harsha de Silva. A note presented to Cabinet on the matter by him, via President Sirisena, seen by the Daily FT, opposes the move to divest powers of PUCSL. Minister, in his note presented to the Cabinet in April, highlights serious conflicts of interest, more..

Jul 4 (DN) The revelation by President Maithripala Sirisena that he proposes to implement the death penalty shortly has reignited a controversy that has been around for many months and also elicited sharp responses from the international community. Addressing heads of media institutions last week, Prez Sirisena revealed that he had signed the documents for the execution of four high-profile drug offenders currently on death row and said that it would be carried out soon. more..

Jul 4 (CT) An election can give political power to the winning political party and its leadership. Thereby, they could claim that their exercise of power is legitimate. From the point of view of formal legitimacy, that claim is justifiable. However, elections cannot create the authority of the state if it has lost that authority. In quite a few Asian countries today, we can see how the power transfer is legitimate but the elected govts cannot exercise their authority in order to fulfill more..

Jul 4 (SO) R. Parameshwari smiles humbly as she walks into the premises of 150A, Vipulasena Mawatha, Colombo 10. Escorted by a female companion she approaches a small group gathered at the entrance to a hall that could comfortably accommodate at least 100 people. Clad in a pink t-shirt and a long white skirt with pink coloured patterns and carrying a plastic bag, Parameshwari is tired, her greying hair more..

Jul 4 (CT) Life is nasty, brutish and short. The horror of the Easter Sunday attack in Sri Lanka will prove Thomas Hobbes was correct. The child that lost her parents or the parent that lost their child unaware why this disgraceful act of brutality came to their lives. During a visit to Berlin an expert who has studied ISIS rightly said to me, your country was staged. It was not an ISIS directed attack but an influenced attack. If it was staged, who was behind in staging this terror? more..

Jul 4 (DM) Being born a Buddhist, educated at one of the leading Buddhist schools in Colombo and for that matter by one of the greatest erudite scholarly monks at the time, I cannot help but feel very hurtful being witness to the total weaponising of our great and sublime philosophy by those uneducated street thugs who roam about all corners of our land pretending as the exclusive custodians of the teachings. It is indeed a great misfortune befalling our nation; its multiple facets have enveloped more..

Jul 4 (CT) Due to a recent tendency to Arabise their culture, and more particularly due to the 21 April Terrorist Acts by a set of Islamic radicals, pressure is being mounted on the Muslims to return to their traditional modes and cultural practices, which the rest of Sri Lanka feels are Sri Lankan, and therefore acceptable. A majority of Muslims, who are peace-loving and accommodative, are responding positively to more..

Jul 4 (DN) I read with interest, several articles and statements issued by human rights defenders, civil organisations and some of the countries in the western bloc, on the subject of Death penalty which appears to have disturbed a hornet nest both locally and internationally in the wake of Sri Lanka’s decision to reactivate death penalty. Almost all of them have tried to justify abolition of death penalty in general on grounds of a) Absence of evidence to prove the deterrent effect of more..

Jul 4 (Island) IGP Pujith Jayasundera and former Defence Secretary Hemasiri Fernando were arrested and remanded, on Tuesday. A special committee, appointed by Prez Sirisena to look into the Easter Sunday carnage, found that they had failed to prevent the terror strikes in spite of having prior information thereof, and the Attorney General directed the Acting IGP to arrest them and produce them in courts. The UNP is all out to settle political scores with Prez Sirisena, more..

Jul 4 (DM) Sri Lanka has set the precedent. The rest of the world, at least some of them seem to be following through. As social media gained credence as the main interpersonal communication mode of the ordinary person, attention also focused on the means of monitoring and controlling the content. It soon became a question of scale – would Facebook or the Government of Sri Lanka or another entity have the capacity to keep track of what the six million SL origin profiles were posting or more..

Jul 4 (Island) Sirisa Pathikada programme stepped into its fifth year on 1 July 2019, celebrating summers, winters, autumns and springs. We had Admiral Ravi Wijegunaratne, Chief of Defence Staff as our special guest on the programme and shared our happiness and joy with traditional kiribath. Pathikada is aired on Sirasa Television on weekdays from 6.00 to 6.30 am. The programme was presented to the viewers based on a concept by the Chairman of Capital Maharajah Group more..

Jul 4 (HRW) Authorities in SL should end arbitrary arrests and other abuses against Muslims and appropriately protect the community from violence, Human Rights Watch said. Since the Easter Sunday bombings in April 2019 that killed over 250 people, which was claimed by Islamist militants, SL Muslims have faced an upsurge in violations of their basic rights and assaults and other abuses from Buddhist nationalists. more..

Jul 4 (CI) This was not quite how England had dreamed of making the World Cup semi-finals for the first time since 1992. Falling away after a fast start with the bat and then defending 305 rather than 355 or more, their method to rumble NZ in Durham was less the hyperactive, we'll-chase-anything way of Eoin Morgan and Trevor Bayliss than that of Australia's table toppers. But after 44 years of hurt dating back to the very first global tournament in 1975, one suspects that Morgan's men more..

Jul 4 (LBO) UNDP and Citi Foundation join forces to promote youth entrepreneurship in Sri Lanka through its flagship initiative – Youth Co:Lab Technopreneurship for Social Change Programme. This programme, which is currently in its third year, is supported by the National Youth Services Council and Cisco Systems Inc. Youth Co-Lab, Co-created in 2017 by UNDP and the Citi Foundation, aims to establish a common agenda for countries in the Asia-Pacific region to empower and invest in more..

Jul 4 (Island) At school, you know that the last two periods are free but you are not allowed to go home early. You have got to stay till the last bell at 1:30. Sri Lankan cricket team is doing the same thing in England right now. They are just going through the motions in the World Cup. Their campaign is over, but for formalities sake, they have got to complete their obligations. Dead rubbers are always tough like free periods. more..

Jul 4 (EN) Sri Lanka's largest beer manufacturer Lion Brewery Ceylon Plc said it has expanded its exports into five new markets despite government regulations hindering exports. "In the financial year under review, we exported a total of 705 containers, an increase of 37 percent in comparison to the previous year," chief executive Suresh Shah told shareholders in the annual report. "During the year, we entered 5 new markets, namely, China, Qatar, Fiji, Philippines, and Iraq. more..