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Friday, 12 February 2010

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News: IMF predicts 5.5 percent economic growth ...        Political: President at Tangalle: Don’t use politics of violence ...       Business: To set up specialized unit: BoC enters investment banking ...        Sports: India get Laxman boost ahead of decisive Test ...

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Founder of the Tharunyata Hetak Organization, Namal Rajapaksa made his entry into active politics at the Tangalle Town Hall yesterday. Here, he symbolically presents the first official document marking the beginning of his political journey to his father President Mahinda Rajapaksa at Carlton House, Tangalle. First Lady Shiranthi Rajapaksa is also in the picture. Picture by Susantha Wijegunasekera

Senior students of Yasodhara Balika Vidyalaya, Colombo lining up with bouquets at the entrance to their school to welcome new entrants to Year One classes yesterday. The brief welcome ceremony was held under the patronage of Borella Zonal Director of Education K. A. W. Rajapaksa and Principal Himali Rajakaruna. Sanghamitta Balika Vidyalaya Principal Vinitha Jayaweera was also present. Picture by Saman Sri Wedage


President at Tangalle:

Don’t use politics of violence

Politics should not be based on violence or vindictiveness and with the last Presidential election we have ended both these evil trends in the political arena of our country, President Mahinda Rajapaksa said yesterday.

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Pro-Fonseka demo in Hulftsdorp:

Opposition violated sanctity of Court

Some of the main Opposition party leaders were seen holding slogans and staging a public protest within the premises of Courts in an attempt to violate the sanctity of the Courts on Tuesday. While it is common knowledge that no one could disturb Courts, even talking in raised voices,

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IMF predicts 5.5 percent economic growth

Sri Lanka’s economy will grow 5.5 percent in 2010 due to improving domestic demand and potential export growth after the 25-year war ended in 2009 and as global recovery takes hold, the IMF said. Increased domestic economic activities after the end of the war and expected export growth as the global economy recovers will help, IMF Director for Sri Lanka, Koshy Mathai told Reuters.

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To set up specialized unit:

BoC enters investment banking

Launches medium term corporate plan:

Bank of Ceylon is focusing more on equity management and will set up a specialized unit to handle investment banking. “This would be a paradigm shift in our banking system,” Bank of Ceylon Chairman Dr. Gamini Wickramasinghe said.

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