Canadian Tamil Congress backs TNA, calls for strong mandate

al Election : Canadian Tamil Congress backs TNA, calls for strong mandate

Aug 9 (Island) The Canadian Tamil Congress (CTC) urged Tamils and all citizens of Sri Lanka to exercise their right to vote at the August 17, General Election. National Spokesperson for the Canadian Tamil Congress, David Poopalapillai, said the presidential election of January 8, 2015 was a turning point in the recent political history of Sri Lanka. "Voters turned up in large numbers and voted for change and a new beginning. more..

silent on UN stand

Aug 9 (SL) Sri Lankan govt is silent on the matters pertaining to their position as to whether they would involve the Northern Province in talks to establish a mechanism to investigate incidents related to the war. When questioned about the govt’s position, Deputy Minister Ajith P. Perera said that he would not comment on as to whether the government would involve the Northern Province in building a domestic mechanism. “It is not simple. I cannot comment on that matter,” he said. more..

x reserves drop to US$ 6,887mn in July

Aug 8 (EN) Sri Lanka's forex reserves dropped US$ 638 million to US$ 6,887.2 million in July 2015 from a month earlier, official data showed amid record low interest rates and high credit financed State spending. Sri Lanka's forex reserves peaked in August 2014 at US$ 9,185.64 million amid a credit contraction and began to drop as credit picked up. The current credit and foreign reserve cycle began in Feb 2012, more..