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NEWSLINE: Sri Lanka heads towards local polls

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Colombo (News 1st) – NEWSLINE: Sri Lanka heads towards local polls. Watch Live on 4th January at 8:30 p.m. on TV1. Livestreaming on Facebook and Youtube. 

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Sri Lankans - Gammadda & Airline Pilots Guild complete new bridge for rural village in Mahiyangana - newsfirst.lk - Sri Lanka
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Gammadda & Airline Pilots Guild complete new bridge for rural village in Mahiyangana
Colombo (News 1st) – If we look back at history, Mahiyangana was a crucial area that gave leadership to the great battle of Uva-Wellassa, as Sri Lankans struggled for their freedom.But today, the people living in this area have been neglected and are in dire straits.For generations, the village of Embalawatte suffered due to the lack of a proper bridge, which even led to the deaths of residents as they braved the raging the waters just trying to get to the other side. But starting today the people of this village will not face this problem anymore. Here's why.The people of this village in rural Embalawatte have no choice but to cross the Una-Gahala Oya everyday to get to school, work or even to a hospital. During the rainy seasons, this stream turns into a raging torrent.Villagers had placed several logs across this waterway as a makeshift bridge. However, when it rains this crossing becomes a death trap due to the gushing waters. Gammadda identified the plight of these villagers, and in October 2022 launched a project to construct a bridge for these people.The Airline Pilots Guild of Sri Lanka joined hands with Gammadda to take this project off the ground.Within a short span of two months, Gammadda was able to complete a this fully functional bridge for the village.The Gammadda bridge as the villagers have crissened it will serve these communities from today and saftly convey young and old from one shore to another as they get about their daily work.
Sri Lanka given 6 more months to repay Bangladesh’s $200m loan - newsfirst.lk - Sri Lanka - Bangladesh
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Sri Lanka given 6 more months to repay Bangladesh’s $200m loan
Bangladesh Bank on Thursday (12) granted Sri Lanka six more months to repay the $200 million loan after the Island nation requested to extend the repayment period due to its prolonged economic crisis.A senior official of the central bank, on condition of anonymity, said the board of directors of Bangladesh Bank has extended the repayment tenure.The Island nation, which has been facing an acute greenback shortage for months, borrowed $200 million from Bangladesh in May 2021.The country was scheduled to repay the loans by April last year, but it failed to do so.In April last year, Sri Lanka announced defaulting on its entire $51 billion of external debt.As per the agreement between the two countries, Sri Lanka was supposed to repay the loan by March.But the Island nation is still facing an acute shortage of foreign exchange reserves, which has compelled it to request BB to extend the repayment period.BB has extended the deadline at a time when its foreign exchange reserves are depleting at a faster pace.As per the new deadline, Sri Lanka will have to repay the loan by September this year.Bangladesh has already sought credit support from several multilateral lender agencies, including the International Monetary Fund.The reserves of Bangladesh stood at $32.52 billion on January 11 in contrast to $44.92 billion in the same period a year ago, according to data from the central bank.– Daily Star
Bastian Mw Shooting: Police arrest two more suspects - newsfirst.lk - Sri Lanka
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COLOMBO (News 1st) – Sri Lanka Police arrested two men for aiding and abetting in the murder of a man in Bastian Mawatha, Colombo and injuring another.Sri Lanka Police said that it received information about the motorcycle that was used by the gunmen in last year's shooting, and visited Piliyandala to conduct a raid where officers arrested a suspect in possession of the motorcycle.Following the interrogation of the suspect, police officers arrested another suspect from Mattakuliya for handing over the motorcycle to the suspect from Piliyandala.On the 30th of May 2022, One person was killed and another was injured in a shooting near the Private Bus Terminal at Bastian Mawatha, Colombo.Police investigations revealed that the man who was gunned had attended a court hearing at the Hultsdorf Court with three others before he was targeted by two masked gunmen.According to Police, four men had exited the court and one of them had left on a motorcycle. Thereafter, two men on a motorcycle approached the three men at the Bus Terminal and opened fire using a T-56 Assault Rifle.Investigations revealed that the three men were previously employed as security officers attached to a restaurant in Cinnamon Gardens, and a case was filed against them following an incident said to have taken place at the restaurant.Police officers also uncovered that the men were supposed to pay a certain sum to the court over the incident.An eye-witness told News 1st that the shooters fired several rounds in broad daylight when hundreds were moving in and out of the Bastian Mawatha Private Bus Terminal.News 1st inquiries revealed that the three men who were targeted had once served in the Commando Regiment of the Sri Lanka Army, and after leaving service
Maithripala Sirisena - Hemasiri Fernando - Nilantha Jayawardena - Key findings on Supreme Court ruling on Easter Attacks against Sirisena, Pujith & Co. - newsfirst.lk - Sri Lanka - state Former
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Key findings on Supreme Court ruling on Easter Attacks against Sirisena, Pujith & Co.
COLOMBO (News 1st) – Sri Lanka's Supreme Court on Thursday (12) found Former President Maithripala Sirisena, his Defence Secretary, the Police Chief during his time, as well as the then Chief of National Intelligence, and Director of State Intelligence guilty of violating fundamental right.11 Fundamental Rights petitions were filed with the Supreme Court, claiming that the Sri Lankan administration failed to prevent the 2019 Easter Sunday Attacks, despite having information about an imminent attack.The applications contain revelations of reckless failure on the part of the Executive Branch of the government and the Petitioners allege that these illegal omissions effectively betray the people and public trust by recklessly failing to take cognizance and accord due priority to intelligence information received regarding the premeditation of the attacks which could have been prevented if proactive and timely response had been taken.The respondents named in the petitions are Former President Maithripala Sirisena, Former Defence Secretary Hemasiri Fernando, Former Police Chief Pujith Jayasundara, Former National Intelligence Service Chief Sisira Mendis, and Former State Intelligence Services Chief Nilantha Jayawardena.Maithripala Sirisena:The Supreme Court observed that multiple gazettes bestowed 23 duties on the President as a Minister of Defence, thus an increase of duties vested in the Minister.The Supreme Court observed that an exponential range of powers over security continued to be bestowed on Minister of Defence as the years rolled by and it cannot be gainsaid that the Minister of Defence was the repository of the national security of the country. The Supreme Court noted that the custody of personal liberty and
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died aged 88.The late star’s husband, director John D Hancock, confirmed the sad news that his wife had died in her sleep on January 8.The pair had been married for 48 years, after first tying the knot in 1975.Dorothy died surrounded by her husband and her caretaker, Marcia Brodhacker, her representation has confirmed.The Hollywood actress had tragically been battling Alzheimer's disease for the past 10 years, according to Variety.Dorothy made her film debut in 1970’s X-rated movie End of the Road.From there, she went on to star alongside Jane Fonda and Donald Sutherland in the Oscar-nominated film Klute the following year.Some fans might also recognise the actress from 1973’s road movie Scarecrow.She also became a huge local star in the town of Michiana, Michigan after shooting the 1989 Christmas film Prancer on location there.Dorothy also co-wrote and starred in 2015 drama The Looking Glass, which served as her final role.She returned to acting for the part after spending decades away from showbiz, with her husband John directing the movie.The production saw Dorothy star as a woman with dementia symptoms who looked after her troubled teen granddaughter and the film was set in the couple’s Indiana home.John is an established stage and film director, probably best known for his sports drama film Bang the Drum Slowly.Dorothy was born on May 9, 1934, and raised in the Yorkville area of Manhattan.She attended Washington Irving High School and the School of Industrial Arts in New York.The star first started out as a model, travelling to Europe and appearing on covers of Life magazine and Vogue.Before she met husband John, she was married to director Aram A.
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Affordable device for fixing broken bones piloted in Gaza, Sri Lanka and Ukraine
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COLOMBO (News 1st) – Sri Lanka's Cabinet of Ministers decided to intruct the Minister of Power and Energy to introduce a price formula for electricity tariff, similar to the fuel price formula.The Government Information Department in a statement said that the Cabinet of Ministers considered the proposal submitted by the President in his capacity as the Minister of Finance, Economic Stability and National Policies and the Minister of Power and Energy regarding the revision of electricity tariffs. It was further observed by the Cabinet that the Treasury is not able to provide the necessary funds for the Sri Lanka Electricity Board within the existing financial space and therefore there is no other option but to revise the existing electricity tariffs to ensure a continuous electricity supply in the country while minimizing the impact on electricity consumers as much as possible. Accordingly, approval was given to proceed as follows:– The Public Utilities Commission of Sri Lanka will further study the proposed revision of electricity charges submitted by the Electricity Board and if any revision is required, to submit the same on or before 15.02.2023.– Until then, the Ceylon Electricity Board and the Public Utilities Commission of Sri Lanka will jointly take necessary measures to implement the electricity tariff revision proposed by the Ceylon Electricity Board with effect from 01.01.2023 as an interim measure in accordance with the amendments to the Public Policy Guidelines currently in force regarding the Power Industry– If the Sri Lanka Public Utilities Commission submits any amendments, the Ceylon Electricity Board will take steps to implement those amendments and make the necessary adjustments to future monthly
Jair Bolsonaro - Ranil Wickremesinghe - Sri Lankan President concerned over violence in Brazil, says democracy must be respected by all - newsfirst.lk - Sri Lanka - Brazil - city Brasilia
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Sri Lankan President concerned over violence in Brazil, says democracy must be respected by all
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Experts say only debt cancellation offers Sri Lanka a chance of recovery - newsfirst.lk - India - Sri Lanka
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Experts say only debt cancellation offers Sri Lanka a chance of recovery
Some of the world’s most powerful hedge funds and other investors are holding up vital help for crisis-hit Sri Lanka by their hardline stance in debt-relief negotiations after the Asian country’s $51bn (£42bn) default last year, according to 182 economists and development experts from around the world.Instead of geopolitical manoeuvring, all of Sri Lanka’s creditors must ensure debt cancellation sufficient to provide a way out of the current crisis, said a statment from the economists and experts on Monday (9).In a statement the group that said that extensive debt cancellation was needed to give the economy a chance of recovery and that Sri Lanka would be a test case of the willingness of the international community to tackle a looming global debt crisis.The group – including the Indian economist Jayati Ghosh, Thomas Piketty, the author of the bestselling book Capital, and Greece’s former finance minister Yannis Varoufakis – said private sector creditors such as investment companies and hedge funds were preventing a deal.Private creditors own almost 40% of Sri Lanka’s external debt stock, mostly in the form of international sovereign bonds, although the higher interest rates levied on the bonds mean they receive more than 50% of external debt payments.Such lenders charged a premium to lend to Sri Lanka to cover their risks, which accrued them massive profits and contributed to Sri Lanka’s first ever default in April 2022, said the statement."Lenders who benefited from higher returns because of the “risk premium” must be willing to take the consequences of that risk. Indeed, ISBs are now trading at significantly lower prices in the secondary market.
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