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A Chinese delegation headed by Assistant Minister of Foreign Affairs, Kong Xuanyou is reported to have held five hours of discussions with the Sri Lankan authorities on the entire gamut of bilateral relations. The delegation arrived in Sri Lanka on Monday in the wake of some of the proposed Chinese investments in the country hitting a snag amid public protests and legal action. 

Special Assignments Minister Dr. Sarath Amunugama would present a Cabinet Memorandum to constitute a Criminal Justice Commission (CJC) with powers to take punitive actions against big time financial crimes, frauds, corruptions and misuse of funds to the Cabinet today (7). Minister Amunugama told the Daily Mirror yesterday that the Attorney General (AG) has studied the draft proposal sent by the Cabinet earlier and advised that the enactment of the CJC required a two thirds majority in Parliament and a positive vote in a referendum in terms of the Constitution. “The draft proposals submitted by the Cabinet for a Criminal Justice Commission Act envisage meting out punishments to persons found guilty after inquiry by the CJC.

SAITM Chief Executive Officer Dr. Sameera Senarathne escaped unhurt this evening after two men travelling on a motor bike wearing full-face helmets opened fire at the car, driven by him near the South Asian Institute of Technology and Medicine (SAITM) campus in Malabe, police said.

Discussions between the Chief Ministers and Kurunegala District MP Mahinda Rajapaksa had been concluded without any agreement reaching upon, Central Province Chief Minister Sarath Ekanayake said today.

Chief Ministers of six Provinces representing the SLFP outside the North and East met former President Mahinda Rajapaksa this morning at his official residence at Wijerama Mawatha, Colombo to discuss the strategies for the restoration of unity among party circles before the upcoming Local Government and Provincial Council elections.

The presence of mind and the timely course of action, taken by Corporal M.D Sunil of 19 Battalion Sri Lanka Sinha Regiment (19 SLSR) serving the 551 Brigade of the Security Force Headquarters - Jaffna (SFHQ-J), spared the lives of both Police Constable Mr. Sri Kanthan Krishnavel (32) of Mattakkuliya Police Station and the fish monger, Mr Sudarshan (31) who were sinking in the deep sea off Point Pedro beach on Monday (16).

Jim Cramer says America just swore in its first pure business president, Donald Trump and it now marks a brave new world for investors.

"We have been living with Trump's presidency in waiting for nearly three months and I can't think of a previous elected official who has given you more of a pro-growth game plan than Donald J. Trump," the "Mad Money" host said.
While the possibility of a wave of post-inaugural selling of Trump-related stocks did cross Cramer's mind, he quickly realized that it likely won't happen. If Trump is true to his word, then investors could miss out on the potential gains.


World famous Chinese e-commerce giant Alibaba has shown “keen interest” in investing in Sri Lanka and to build an e-commerce platform to promote online business ventures, said Finance Ministry today.

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