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Thursday July 18th, 2024

Sri Lanka to boost ‘Agampora’ traditional martial art by lifting 200-year ban

Via @traditionalangam

ECONOMYNEXT- Sri Lanka will shortly issue a notice lifting a 200 year old ban imposed during British rule on ‘Angampora’ a traditional martial art involving hand-to-hand combat and the use of weapons, the state information office said.

Angampora has seen a revival after the independence of the country from British rule in 1948, by practitioners who had maintained the tradition in secret. But ban remained in the statutes.

Sri Lanka’s cabinet of ministers had approved the official ban in 2019 but it had not been given legal effect. The proposal to issue a gazette notice reversing the British ban was approved at Monday’s cabinet meeting, a statement said.

Guru Piumal Edirisinghe, founder of the Sri Lankan Traditional Indigenous Martial Art Association (STIMA) says that Angampora could be a valuable source of forex to the country.

“We used to get a lot of foreign bookings per month. It has gone down a lot now but we think it will pick up again in August.”

STIMA is the only Angampora organisation that also has branches in Europe.

‘Angampora’ which literally translates into “fighting with the body” is a martial art form said to date back to the time of the demon King Ravana, the leader of a ‘raksha’ tribe which inhabited the island before it was colonized by migrants from India.

Angampora practitioners are required to have a sound knowledge of anatomy, as taking down opponents by attacking pressure points on nerves is one of the main four pillars of the combat technique.

Other aspects are the use of swords and shields. Contingents of Angampora fighters were said to have served in the armies of Sri Lankan kings in wars conflicts with Colonial armies. (Colombo/June14/2014)

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  1. Sabesan says:

    Oh, it took just only 74 years to realize Angampora is a part of our culture by our legislators.

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  1. Sabesan says:

    Oh, it took just only 74 years to realize Angampora is a part of our culture by our legislators.

Sri Lanka to conduct threat assessments for presidential candidates

ECONOMYNEXT – Sri Lanka’s President Ranil Wickremesinghe has submitted a cabinet paper proposing security measures for presidential candidates and former presidents, following the recent attack on former US President Donald Trump during a campaign rally in the USA.

“This proposal suggests the appointment of a committee to conduct threat assessments and provide necessary security for Presidential candidates as well as former Presidents,” a statement from his media division said.

The committee will include the Secretary of the Ministry of Public Security as Chair, the Chief of Defence Staff, the Inspector General of Police, the Chief of National Intelligence, and the Senior Deputy Inspector General of Police/Elections.

A Deputy Inspector General of Police will be appointed to oversee all security arrangements.

The committee and the designated officer will work closely with the Election Commission to ensure seamless coordination of security arrangements, the PMD said.

After today, July 17, Sri Lanka’s Election Committee is empowered to announce a date for the presidential polls due to be held this year.

Minister of Foreign Affairs M U M Ali Sabry has said the election will be held on October 5 or 12.

Members of the Samagi Jana Balawegaya (SJB) have said that the government should be accountable for the security of Opposition Leader Sajith Premadasa, the SJB’s presidential candidate. (Colombo/Jul17/2024)

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Sri Lanka rupee closes flat at 303.80/304.00 to US dollar

ECONOMYNEXT – Sri Lanka’s rupee closed almost flat at 303.80/304.00 to the US dollar on Wednesday, from 303.70/304.00 to the US dollar on Tuesday, dealers said, while bond yields were down.

A bond maturing on 15.12.2026 closed at 10.60/75 percent, down from 10.82/92 percent.

A bond maturing on 15.12.2027 closed at 11.60/38 percent, down from 11.65/75 percent.

A bond maturing on 01.05.2028 closed at 11.72/78 percent, down from 11.80/90 percent.

A bond maturing on 15.09.2029 closed at 12.05/10 percent, down from 12.05/20 percent. (Colombo/Jul17/2024)

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Sri Lanka stocks close down, John Keells, Hemas, Hayleys push turnover

ECONOMYNEXT – The Colombo Stock Exchange closed down on Wednesday, data on its site showed.

The broader All Share Index closed down 0.41 percent, or 48.44 points, at 11,830; while the more liquid S&P SL20 Index closed down 0.52 percent, or 17.91 points, at 3,456.

Turnover was 1.2 million. A big part of this (Rs597mn) came from John Keells Holdings Plc (down at 194.25).

“There was foreign buying interest on John Keells and Hemas,” Softlogic Stockbrokers said.

“We saw foreign interest in selective counters persist.”

Hemas Holdings Plc contributed Rs143mn to the turnover, and the share closed down at 81.10.

Hayleys Plc contributed Rs156mn to the turnover, and the share closed up at 101.50.

The three crossings made up 67 percent of the turnover.

The capital goods counters, with all the bluechips, was the leading sector contributing to the day’s turnover.

With the exception of Hayleys and a couple of other companies, the counter saw most stocks close down or flat.

Sentiment around the banking counters also remained negative.

“The volatility in investor sentiments persisted. There are a lot of spectators in the market over the last few weeks, despite some positive news coming in.”

Treasury bill and bond rates have also dropped.

The top contributors to the ASPI were Melstacorp Plc (up at 86.00), SMB Finance Plc (up at 0.70), and TeeJay Lanka Plc (up at 40.00).

There was a net foreign inflow of 392 million. (Colombo/Jul17/2024)

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