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TODAY'S
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CPC to produce cheaper domestic gas
Commencing April this year the Ceylon Petroleum
Corporation will move into the domestic gas market retailing a
cylinder at a much lesser price than the two private sector gas
suppliers, Shell and Laugfs, which hold a monopoly now,
Petroleum Resources Minister A. H. M. Fowzie said yesterday.
The two private sector monopolies keep
increasing domestic LPG according to their whims and fancies
inconveniencing the middle class and poorer sector of the
population, he said.
The new venture will not import gas but use the
by product at the Sapugaskanda Petroleum Refinery to manufacture
LPG. Laufgs, too, buys the Sapugaskanda by-product to
manufacture LPG. Full
story
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President
Mahinda Rajapaksa felicitated nine senior Trade Union
Leaders, Alavi Mowlana, K. A. E. Britto, James
Kariyawasam, D. M. Jayasinghe, Wimalsiri de Mel, O. J.
Ramiah, S. Siriwardena. P. L. S. Perera and M. S.
Sellasamy who had served unions for over half a century,
at a special function held at the Presidential
Secretariat yesterday (25). The President emphasizes
some points during his address to the TU leaders.
Looking on is Labour Minister Mervin Silva. Pic by
Kamal Bogoda |
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| NEWS |
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Big overseas
demand for Yellow fin tuna
Sri Lanka has reaped profits from the migratory
yellow fin tuna fish exports during the past three years and an
increase in the domestic price can be experienced in the coming
months, as there was a high demand for it in the export market,
Minster of Fisheries and Aquatic Resources Felix Perera told The
Island yesterday (25).
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Dance troupe
on second leg of USA tour
The cultural troupes, of the Sri Lanka Armed
Forces, concluded their performances in aid of a housing project
for the services personnel organized by a Sri Lankan association
in USA and left for Washington last week.
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| FEATURES |
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The Kosovo debate in Sri
Lanka
"An independent Kosovo, recognised by major
Western powers, is in effect the first major fruit of the ideas
behind R2P…Appropriately Kosovo’s emergence coincided with the
establishment in New York of the Global Centre for the
Responsibility to Protest…backed by the Canadian, British and
Dutch governments, among others…The Organisation’s mission is
the spread of R2P principles...An R2P generation is coming. The
prising open of the world is slow work, but from Kosovo to Cuba
it continues."
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| BUSINESS |
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Ceylinco Insurance profits top Rs 1
bn in ’07
Ceylinco Insurance PLC has created history once
again, becoming the first insurance company in Sri Lanka to
record an after tax profit of over Rs 1 Billion, a feat it
achieved in the year ending December 31, 2007.
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SLT achieves
Rs.5.6 bn profit, 3.7% growth
Integrated telecommunication services provider
Sri Lanka Telecom PLC (SLT) reported an after tax group net
profit of Rs.5.6 billion during the year 2007 compared to
Rs.5.4billion of the previous year. The group has achieved a
3.7% growth despite the reduction of call and rental chargers of
fixed lines and reduction of CDMA connection chargers during the
year.
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| SPORTS |
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D-day for Sri Lanka
For Sri Lanka's cricketers, today's One-Day
International against India at the Bellerieve Oval, here in
Hobart is of utmost importance as they are trying to
set a few things right. Not only will a win here end a
disappointing losing streak, it will also help them to
stay in the hunt for the best of three finals of the
Commonwealth Bank Series.
Muttiah
Muralitharan is seen during training in Hobart,
Australia, Monday, Feb. 25, 2008 ahead of their One
Day International match against India.
(AP Photo/Rob Griffith)
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