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Colombo, Sri Lanka

Sri Lanka Tourism welcomed the arrival of 800,000th tourist in year 2011 at the Bandaranaike International Airport today (19th Dec.) This is a record in Sri Lankan tourism history, as this is the first time it exceeds 800,000 in any given year.

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On 27 July 2011, Channel 4 News screened a programme in which they claimed to have testimony from an eyewitness, “Fernando”, who said he had seen systematic war crimes committed by Sri Lankan soldiers in the final stages of the 26 year-long civil war between the Sri Lankan government and the Liberation Tigers of Tamil Eelam (LTTE, also known as the “Tamil Tigers”).

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The Monetary Board of the Central Bank has decided to raise the current threshold for foreign investments in Treasury bills and Treasury bonds from 10 per cent of the outstanding Treasury bill and Treasury bond stock to 12.5 per cent.

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Cabinet approval has been granted to provide a block of land in extent of five acre near Army headquarters in Colombo on a 99 year lease M/s ITC limited of India, Franchise of SHERATON Group of USA is to invest in a luxury hotel and mixed development project in Colombo.

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Minister of External Affairs of Sri Lanka, Prof. G. L. Peiris said in Parliament recently that Indian Foreign Minister had declared Indian Fishermen have no rights to fish around Kachchativu Island

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The Sri Lankan Cabinet Wednesday approved the appointment of Competent Authorities for the 37 enterprises listed in the Schedules to the newly approved Assets Acquisition Act.

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“No one. Maybe with the exception of Gothabaya Rajapaksa, but he’s the only person I can mention who thought a military victory was possible. I was very hard to say very close to Indian intelligence and an enormous amount of time throughout this process and never, ever did any Indian official hint that a military victory was possible until mid 2008.

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Australia has won the bid the host the 2018 Commonwealth Games after an intense competition with its Sri Lankan counterpart today (11th November) at the Caribbean Islands.

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A few days ago, www.colombotelegraph.com broke the news that Sarath Fonseka had signed a secret pact with R. Sampanthan, the leader of the Tamil National Alliance. It was always known that the Fonseka camp had come to some agreement with the TNA during the 2010 Presidential Campaign. What was not made public was the full text of the pact.

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The rate of year on year inflation as measured, has decreased to 5.1 percent in October 2011 from 6.4 percent recorded in September 2011, the lowest from September 2010.

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