Maldives sinks LTTE arms vessel

Several suspects in Maldivian custody

The Maldivian Coastguard yesterday sank a suspected LTTE vessel believed to have been transporting weapons. It was identified as the Indian registered vessel Sri Krishna, which was reportedly missing since March 12 along with 12 Indian fishermen from Tamil Nadu and Kerala after being abducted by the LTTE.

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President to attend G-11 Summit, World Economic Forum

President Mahinda Rajapaksa yesterday left the island to attend the G-11 Summit and the World Economic Forum in Jordan. A high-level business delegation accompanied President Rajapaksa on this official tour to Jordan by a Mihin Lanka flight. The business delegation will attend two summits and endeavour to fulfil an array of new investment opportunities on this tour.

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SLTB designates 25 model depots

The Transport Ministry has taken steps to select and nominate 25 Depots of the Sri Lanka Transport Board (SLTB) as SLTB ‘Model Depots’ to provide a more efficient and people friendly transport service to commuters.

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Editorial: The rejuvenation of Vakarai Terrorism: What have we learnt? Speedy acquisition of air threat negation systems builds people’s confidence Pillars of resistance more »	President to attend G-11 Summit, World Economic Forum more »	Maldives sinks LTTE arms vessel Omanthai temporarily closed amid LTTE mortar fire more »

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Stock market declines, an investment opportunity Hayleys reports modest growth in year of mixed fortunes Access undertakes major telecom expansion projects more »	Parliament panel to probe trafficking by Indian MPs Koreas to make historic train cross of Cold War line Indian MPs seek protection from monkey ‘battalions’ more »	Lankans confident of doing well Chandrika wins bronze Jayaweera Memorial Boxing tourney begins more »

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Stock market declines, an investment opportunity

During the last three days the Stock Market reported a sharp drop by 200 points. However it would enable more investors to invest in the market to reap benefits sources said.

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