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Mon02272017

Last updateMon, 27 Feb 2017 7am

 

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A five year programme to modernize the financial sector.

Government has planned to implement a five year programme to modernize the financial sector in the country. The Ministry of Finance, the Central Bank, the Treasury Bonds and Exchange Commission and Sri Lanka Insurance Board have jointly organized this programme.   The aim of this programme is to provide financial support to selected middle level entrepreneurs. Infrastructure facilities in the financial sector and monetary regulatory institutions will also be developed under this programme. The World Bank also grants financial and technical assistance for this move. 

Two of the bodies of the missing persons of the Beruwala boat tragedy have been discovered.

Two of the bodies of the four persons who have been reported missing in the Beruwala boat tragedy have been discovered the fishermen in the area. One body was found in the sea area of 18 kilometers from the place of accident while the other was found in the coast at Balapitiya. The victims have been identified as Danushka Dilshan of Beruwala and Gihan Waduthanthri of Payagala. 

Trump administration widens net for immigrant deportation

The Trump administration has issued tough guidelines to widen the net for deporting illegal immigrants from the US, and speed up their removal. Undocumented immigrants arrested for traffic violations or shop-lifting will be targeted along with those convicted of more serious crimes. The memos do not alter US immigration laws, but take a much tougher approach towards enforcing existing measures. There are an estimated 11 million illegal immigrants in the US. (BBC)

The Premier says the majority of the people in the country want to create a unitary Sri Lanka where everyone can live in harmony.

Prime Minister Ranil Wickremasinghe says the majority of the people in the country want to create a unitary Sri Lanka where everyone can live in harmony. The Prime Minister added that diversity of different ethnic groups and religious groups will be protected as Sri Lankan identity will be accorded priority.

The premier made these comments at the 29th death anniversary of Vijaya Kumaranathunga which was held at the Bishops College yesterday. Prime Minister Wickremasinghe said that the people expected that peace will be dawn soon after the war ends. But their hope was not fulfilled. He pointed out that hence the general public in the country entrusted the responsibility of creating a more peaceful and prosperous country in 2015 two major political parties. Some elements are trying to instigate racism and religious extremism. It is not easy to uproot racist and extremist politics in a shorter period of time.

The Prime Minister highlighted that the fullest support of the people of the country and international community has been extended to the present government. The two major parties came to a conclusion at the end of 2015 to devolve the power. The premier said that a political solution can be achieved for the national issue in the near future hopefully.

A massive investigation to track frauds and corruption involved with approving buildings countrywide.

The Ministry of Megapolis and Western Province Development says a massive investigation has been initiated to track frauds and corruption involved with approving buildings countrywide.

The program is carried out under the instructions of Minister Patali Champika Ranawaka. The Urban Development Authority is working on setting up a computerized system to avert such frauds and corruption.

The government wants to protect both the farmer and the consumer - Minister P. Harrison.

Minister P. Harrison says the government wants to protect both the farmer and the consumer. He noted that measures were taken to reduce the price of rice without making the farmer inconvenient. Minister Harrison was speaking in the parliament yesterday. It is the not the policy of the Paddy Marketing Board to make profits.

The government only purchases 10 percent of the paddy production of the country. It is not the duty of the administration to safeguard the mill owners. Minister Harrison pointed out that paddy has been issued to 640 small scale mill owners. He made these comments while responding to a question raised by parliamentarian Bimal Rathnayake.

Five killed as aircraft hits shopping center in Melbourne.

Four US citizens and an Australian pilot have died after their light plane crashed into a shopping center in Melbourne, Australia. The charter flight appeared to have had a "catastrophic engine failure" shortly after taking off from the small Essendon Airport, said police. Despite the destruction, no-one was killed or injured on the ground. Victoria's Premier Daniel Andrews said it was the worst civilian aviation accident in the state in 30 years.

The cabinet approved today to pay compensation to the victims of boat capsized disaster at Katukurunda sea area in Kalutara district.

The cabinet approved today to pay compensation to the victims of boat capsized disaster at Katukurunda sea area in Kalutara district. Accordingly 100,000 rupees will be paid to each victim who has died in this incident. Meanwhile a sum of 25,000 rupees will be given to the persons injured in this incident. It should be noted that 12 people died and 33 injured in this boat capsized disaster.
 
Minister Mahinda Amaraweera said today Parliament that the government imposed a new regulation that fishing boats cannot be used for passenger transport purposes. If fishing boats are used for this purpose it is deemed to be illegal. The government will not take any responsibility with regard to those incidents in future. Minister also pointed out that this is the first time such compensation is made for the victims of boat capsized disaster.

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