Latest News
The country is being steered towards development through a structured programme that identifies economic potential and expands economic opportunities to rural areas – President
President Anura Kumara Dissanayake stated that the current government’s objective is to drive national development through a structured plan that recognizes economic strengths and brings economic growth to rural areas. He further affirmed his administration’s commitment to lifting rural communities out of poverty during his address at the inauguration of the Vadduvakal Bridge construction project in the Mullaitivu District on Tuesday (02).
The President noted that a series of new development projects are set to begin across the country this September. He emphasized that the government will put an end to the long-standing practice of delaying projects beyond their deadlines and spending beyond allocated budgets. Instead, all projects will be completed within the scheduled timeframe to ensure their benefits reach the people without delay.
The Vadduvakal Bridge, located near the Nandikadal Lagoon along the Paranthan –Mullaitivu road, is used by more than 3,000 vehicles daily. Due to the lack of maintenance over an extended period, the bridge has become unsafe. The Road Development Authority has planned to construct a new two-lane bridge at a cost of Rs. 1.4 billion in public funds, with completion targeted for September 2, 2027.
Minister of Transport, Highways, Ports and Civil Aviation Bimal Rathnayake, speaking at the event, highlighted that although the project was initially estimated at Rs. 1.8 billion, under the current government’s transparent administration it will be completed at a reduced cost of Rs. 1.4 billion. The remaining Rs. 400 million will be allocated for highway development in the Vanni District. He further stated that Rs. 12.5 billion has been allocated for the construction of bridges and highways in the North this year, with provisions expected to increase further in the coming year.
Minister Rathnayake also emphasized that the present government is dedicated to rebuilding the entire country while uniting the North through peace and development. He urged the public to evaluate the current administration based on observable efforts and concrete actions rather than prejudiced ideas.
Minister of Fisheries, Aquatic and Ocean Resources, Ramalingam Chandrasekar, Deputy Minister of Cooperative Development Upali Samarasingha, Governor of the Northern Province Nagalingam Vethanayahan, Secretary to the Ministry of Transport, Highways, Ports and Civil Aviation Senior Professor Kapila C.K. Perera and officials of the Road Development Authority were present.at the event.
Latest News
U19 World Cup: Dominant England swat aside Bangladesh
Bangladesh 136 in 38.1 overs (MD Rifat Beg 31; Sebastian Morgan 3-28, Manny Lumsden 2-18) lost to England 137/3 in 24.1 overs (Thomas Rew 59*, Ben Mayes 34; AL Fahad 2-37) by seven wickets.
Latest News
Gold tops $5,000 for first time ever, adding to historic rally
The price of gold has risen above $5,000 (£3,659) an ounce for the first time, extending a historic rally that saw the precious metal jump by more than 60% in 2025.
It comes as tensions between the US and NATO over Greenland have added to growing concerns about financial and geopolitical uncertainty.
US President Donald Trump’s trade policies have also worried markets. On Saturday he threatened to impose a 100% tariff on Canada if it strikes a trade deal with China.
Gold and other precious metals are seen as a so-called safe-haven assets that investors buy in times of uncertainty.
Demand for gold has also been driven by a range of other factors including higher-than-usual inflation, the weak US dollar, buying by central banks around the world and as the US Federal Reserve is expected to cut interest rates again this year.
Wars in Ukraine and Gaza, as well as Washington seizing Venezuelan President Nicolás Maduro, have also helped push up the price of gold.
On Friday, silver topped $100 an ounce for the first time, building on its almost 150% rise last year.
[BBC]
Latest News
U – 19 World Cup: Andrew, McKenzie deliver West Indies comfortable win
West Indies wristspinners, Micah McKenzie and Vitel Lawes, combined to take six wickets on a surface that had plenty of turn and bite to close out a rain shortned contest against Ireland. Opting to bat first, the West Indies innings had earlier been held together by keeper-batter Jewel Andrew at No. 3 – his 66 off 82 consisted of four fours and four sixes, the majority of which came in the company of Jonathan van Lange,, during their fourth-wicket partnership of 67.
Jewel departed just six overs after van Lange, in the 33rd, and the rest of the batters struggled. No one besides him managed to cross the 30-run mark. Reuben Wilson scalped up van Lange, before returning to take out two lower-order batters to finish with figures of 3 for 50, closing out the innings with West Indies bowled out for 226.
His effort, complemented by James West’s economical 2 for 24 off seven overs, gave Ireland a realistic chance at chasing down the total. West also opened the batting for Ireland and top-scored for them, hitting a 55-ball 45 that was littered with eight boundaries. By the time he was Lawes’ first victim of the innings, in the 18th over, Ireland sat at a comfortable 82 for 2.
However, the going just got worse from there: Ireland lost four wickets to McKenzie, who spun his way through the middle order. Lawes held back his best over for his final one of the match, fizzing out Oliver Riley with its first ball, and then turning the ball prodigiously against Wilson and Bruce Whaley.
Ireland were on 164 for 7 by the time they played out Lawes’ over, needing an unlikely 62 off the final ten overs. The rain had the final say when it interrupted the match and delivered the final blow to Ireland’s hopes. The DLS par score had shot way past Ireland’s total, and when no further play was possible, West Indies walked away with a convincing spin display and a 25-run win to boost their chances in the Super Sixes.
Brief scores:
West Indies Under 19s 226 in 46.5 overs (Jewel Andrew 66; Reuben Wilson 3-50, Luke Murray 2-37, James West 2-24) beat Ireland Under 19s 164 for 7 in 40 overs (James West 45; Mica McKenzie 4-36, Vitel Lawes 2-41)by 25 runs (DLS method)
[Cricinfo]
-
Business1 day agoComBank, UnionPay launch SplendorPlus Card for travelers to China
-
Business2 days agoComBank advances ForwardTogether agenda with event on sustainable business transformation
-
Opinion5 days agoRemembering Cedric, who helped neutralise LTTE terrorism
-
Business5 days agoCORALL Conservation Trust Fund – a historic first for SL
-
Opinion4 days agoA puppet show?
-
Opinion2 days agoConference “Microfinance and Credit Regulatory Authority Bill: Neither Here, Nor There”
-
Features6 days agoThe middle-class money trap: Why looking rich keeps Sri Lankans poor
-
Opinion1 day agoLuck knocks at your door every day
