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Monday, 21 September 2009

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News: Cheaper oil for one more year ...        Business: Energy sector needs $ 250m to 300m annually ...        Sports: Lanka in five wicket win over Windies ...

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The Daily News wishes its Muslim readers a happy Eid-ul-Fitr : Picture by Saman Sri Wedage.


Iran extends interest free credit facility:

Cheaper oil for one more year

The Iranian Government has extended by another year the four month interest free credit facility to Sri Lanka originally granted following President Mahinda Rajapaksa’s visit to Iran in November 2007.

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Massive development in South - President

Massive development is taking place in the South. Youth in the South will benefit from these projects in the future. We launched these road and harbour developments while facing the war in the North, President Mahinda Rajapaksa said.

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New vehicles top 3.3 million

A total number of 3,390,933 motor vehicles had been registered in Sri Lanka as at December 31,2008.According to Road Passenger Transport Minister Lasantha Alagiyawanna of this number 2,532,449 were petrol vehicles and 809,536 diesel vehicles. The number of trailers not using fuel(and electricity) was 49,008. The total number of registered petrol vehicles include motor cars (338,159), three-wheelers (378,864), motor bicycles (1,760,576), buses (2,737), dual purpose vehicles (22,212) and lorries (29,901).

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PM to address UN General Assembly

Prime Minister Rathnasiri Wickramanayaka who is leading the Sri Lanka delegation to the 64th Session of the United Nations General Assembly in New York, commencing today will address the General Assembly on September 26 regarding the “Strengthening of Multilateralism and Dialogue among Civilizations for International Peace, Security and Development.” He will also meet United Nations Secretary General Ban Ki-Moon.

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Annual 6-7 percent growth in demand for power:

Energy sector needs $ 250m to 300m annually

There is a 6-7 percent annual growth in the demand for power in the country and forty one percent of the electricity is generated from renewable energy sources, said an Independent Energy Consultant Dr. Tilak Siyambalapitiya.

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