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DateLine Tuesday, 16 December 2008

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News: SC orders new petrol price formula ...        Security: Forces cut off Mullaitivu - Oddusudan links ...       Business: Capital Reach offer for sale oversubscribed ...        Sports: Army to breach Ratnam defence? ...

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Government Gazette

The Sri Lanka Armoured Corps celebrated its 53rd anniversary with a special parade at the Colombo Rock House Camp yesterday. Jaffna Security Forces Commander Maj. Gen. G.A. Chandrasiri was the chief guest.
Picture by Rukmal Gamage


Towards a new era of Peace, Unity & Proserity

Budget Speech 2009

Forces cut off Mullaitivu - Oddusudan links

Troops operating in the 59 Division yesterday took control of a three kilo metre stretch of the A-34 Oddusudan – Mullaitivu road from the South West of Mulliyavali village totally cutting off links between Mullaitivu and Oddusudan which was a vital supply route connecting the coastal town with the southern part of Mullaitivu district

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SC orders new petrol price formula

The Supreme Court yesterday directed the Treasury Secretary to bring in a new pricing formula to reduce the price of petrol on Wednesday, December 17. The Court directed Secretary Treasury to pass the benefit of the cancelling of the hedging agreement in the public interesting litigations to the people of the country.

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CB charges Standard and Poor of poor rating

The Central Bank of Sri Lanka, in response to the downgrading of Sri Lanka’s sovereign rating from B+ to B by Standard and Poor Rating Agency says that the decline in foreign exchange reserves is a global phenomena under the present international financial crisis

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Pranab Mukherjee visit:

No official intimation

The Governemnt has receivewd no offical communique about a possible visit to the country by Indian External Affairs Minister Pranab Mukherjee , Media Minister Lakshman Yapa Abeywardana said yesterday.

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Capital Reach offer for sale oversubscribed


The Capital Reach Leasing Ltd Offer for Sale was oversubscribed on the third market day despite difficult market conditions. The offer closed at 4.30 p.m on the December 11. Investors included corporates and Individuals with a significant interest from the outstations as well.

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