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Cairn Gone, But Lanka to ink oil exploration deal with France's Total

Sri Lanka to ink oil exploration deal with France's Total | Economynext: Total S.A., of France, one of six 'super major' oil and gas firms, will sign an agreement next week with the Sri Lankan Government to explore for offshore oil and gas, an official said.

Cabinet approval was granted to the Petroleum Resources Development Secretariat to ink the deal early February which could see Total commence off shore exploration activity off the eastern coast in April or May this year.

"They will start by investing about 10 million dollars to acquire seismic data off the East Coast of Sri Lanka,” Petroleum Resources Development Secretariat Director General Saliya Wickramasuriya said.

Oil companies are cutting costs and jobs as they bleed red ink all over their financial reports with oil down 70 percent from 2014 highs.
Cairn Gone, But Lanka to ink oil exploration deal with France's TotalSocialTwist Tell-a-Friend

Sri Lanka still in the early stages of renewal : UN Human Rights Chief

Sri Lanka still in the early stages of renewal : UN Human Rights Chief: In the only interaction given to the press,�at the conclusion of his four-day visit to Sri Lanka, UN High Commissioner for Human Rights Prince Zeid Ra’ad Al Hussein praised, and gave caution to Sri Lanka.

He described his trip as “a much more friendly, cooperative and encouraging visit” than the one his predecessor, Navi Pillay, had to undergo during her tenure as the Human Rights Chief.

Describing the then attacks against the office he now holds as “vituperative”, �he said his predecessor was attacked “because she addressed a number of burning human rights issues that any High Commissioner for Human Rights would have raised at that time”.

He said he was “aware” that a similar welcome had been arranged by “some people” but brushed off the “voices of hatred and bigotry” saying he was glad all voices, including moderates in Sri Lanka, were being heard.
Sri Lanka still in the early stages of renewal : UN Human Rights ChiefSocialTwist Tell-a-Friend

Globus Vision directors says Lanka is "Wonder of Asia"

Globus Vision directors says Lanka is "Wonder of Asia": Speaking to News1st earlier today, Globus Vision, an organisation which has been providing European and American business circles with informative publications on world economies, said that Sri Lanka’s economic landscape has gained much international exposure.

The organisation, which was founded in 1997, focuses mainly on countries that are able to offer investment and trade opportunities to readers of America�s and Europe�s most important media houses.

Oscar Crespo,�Editorial Director of Globus Vision outlined what they were hoping to�showcase about�Sri Lanka ”�We are expecting to showcase that this government is doing important efforts so that the country can pull towards progress”.
Globus Vision directors says Lanka is "Wonder of Asia"SocialTwist Tell-a-Friend

South Asia's Fastest Man And Fastest Woman Himasha Heshana and Rumeshika Ratnayake from Sri Lanka

South Asia's Fastest Man And Fastest Woman: Himasha Heshana and Rumeshika Ratnayake, who won the South Asian Games 100m men's and women's events respectively, are the fastest man and woman in South Asia.
South Asia's Fastest Man And Fastest Woman Himasha Heshana and Rumeshika Ratnayake from Sri LankaSocialTwist Tell-a-Friend

Rajapaksa's New Front Likely To Be Launched Within Two Weeks

Rajapaksa's New Front Likely To Be Launched Within Two Weeks: The new political party to be formed by the 'Joint Opposition' could be registered within two weeks, political sources said.

A crucial meeting took place last night at former President Mahinda Rajapaksa's residence at Mirihana to finalize the details of the political party.

The 'Joint Opposition' has agreed that Rajapaksa must be appointed leader of the new party.
Rajapaksa's New Front Likely To Be Launched Within Two WeeksSocialTwist Tell-a-Friend

Sri Lanka seamers topple India on green track | Cricket | ESPN Cricinfo

Sri Lanka seamers topple India on green track | Cricket | ESPN Cricinfo: Kasun Rajitha, Dushmantha Chameera and Dasun Shanaka - Sri Lanka's lanky seam-bowling labour force - came upon a thoroughly surprising green Pune deck, and wound up delivering their team a surprisingly thorough victory. The three quicks took eight wickets for 59 between them, to blow India away for 101. Sri Lanka's inexperienced batsmen were rarely at ease in pursuit, but did well enough to get to the target with five wickets in hand and two overs to spare.

Chameera had provided glimpses at his penetrative potential during the recent tour of New Zealand, but Rajitha and Shanaka had gone unheralded until today. If Binura Fernando - the left-arm quick - had not injured a hamstring ahead of this match, Rajitha might not even have debuted. Instead, he claimed two wickets in a tone-setting first over and finished with 3 for 29. Shanaka is in the team largely for his batting, but bowled magic deliveries through the middle overs, uprooting Suresh Raina's leg stump with an in-dipper, and bouncing MS Dhoni second ball. He took 3 for 16.
Sri Lanka seamers topple India on green track | Cricket | ESPN CricinfoSocialTwist Tell-a-Friend

Life Inside North Korea: 55 Rare Photographs

Life Inside North Korea: 55 Rare Photographs: As one of the world’s last closed societies, North Korea has attracted global curiosity to what is sealed off between it’s borders. Despite an ongoing food crisis that has spanned two decades and the cascading paranoia of the political leadership, life manages to go on in the Hermit Kingdom. Compiled from a handful of sources, we take a fascinating look at everyday life in North Korea:
Life Inside North Korea: 55 Rare PhotographsSocialTwist Tell-a-Friend

Ranil Does A Mahinda: Appoints Cousin Amari M. Wijewardene As Sri Lankan High Commissioner To UK

Ranil Does A Mahinda: Appoints Cousin As Sri Lankan High Commissioner To UK | Colombo Telegraph: Prime Minister Ranil Wickremesinghe, appears to be flouting his own election pledges in his attempt to appoint his cousin Amari M. Wijewardene as the new Sri Lankan High Commissioner to the United Kingdom.

Amari Wijewardene
Wickremesinghe, who came to power promising to wipe out nepotism, and promote good governance, transparency and accountability, has bypassed much more qualified foreign service officials, and has instead proposed the name of his cousin, who is Chairman & Managing Director at the Swadeshi Industrial Works PLC.

Her name has been nominated to the Parliamentary Working Committee on Senior Portfolios as the new High Commissioner to UK.

She is also cousin to Ruwan Wijewardene, the State Minister of Defence.
Ranil Does A Mahinda: Appoints Cousin Amari M. Wijewardene As Sri Lankan High Commissioner To UKSocialTwist Tell-a-Friend

While Collar Officials Killing "Doing Business"

The Island: Most of the members of the business community were well prepared to present their queries and so were the government officials to respond to each query of the session. However, the Finance Minister seemingly concerned about setting the government's preferred pace for business, more often than not pushed the officials to get things done at a specified deadline giving less attention to the policy obstacles they encounter in doing their duty for the government.

Businessman Lalith Kahatapitiya of K.I.K Lanka said," We are a BOI registered company manufacturing electrical panel boards and equipment for electrical switchgear assemblies. We are facing severe problems in disposing steel scrap from our factory. After paying present applicable custom duties and taxes and considering the cost of handling and transportation, we have no way to dispose the scrap. They are piling up in our factories. We request to have the duty structure changed".

Responding to the query officials said until the duty structure is changed the present duties will remain applicable.
While Collar Officials Killing "Doing Business"SocialTwist Tell-a-Friend


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