New Sri Lanka investment chief assures faster approvals, encourages local investors
April 18, 2007 (LBO) – Sri Lanka’s new investment promotion chief said Wednesday he wants to speed up approvals but also be more …
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Different Strokes
April 18, 2007 (LBO) – Fledgling Islamic insurer, Amana Takaful Insurance (ATI), which was listed on the second board of the Colombo bourse …
Sri Lanka editor faces death threat
COLOMBO, April 18, 2007 (AFP) - Sri Lankan authorities have issued a death threat against a newspaper editor for reporting on military excesses and …
Merchant Rating
April 18, 2007 (LBO) – Merchant Bank of Sri Lanka, a listed subsidiary of the state-owned Bank of Ceylon, has received a AA3 rating for its …
South Africa shed chokers’ tag, says Smith
BRIDGETOWN, Barbados, April 18, 2007 (AFP) - South Africa captain Graeme Smith believes his team have finally buried their chokers' tag after …
Price Pressure
April 18, 2007 (LBO) – The Ceylon Petroleum Corporation (CPC) which lost 1.5 billion rupees in 2006 is seeking a price hike to ward off an 800 …
Trishaw Finance
April 18, 2007 (LBO) – A small Sri Lankan finance company to which specializes in funding three-wheeled auto-rickshaws is showing high …
Sunken Duncan’ should walk the plank, British press say
LONDON, April 18, 2007 (AFP) - England cricket coach Duncan Fletcher should be sacked after England were dominated by South Africa in Bridgetown, …
Willis calls for Vaughan axe
BRIDGETOWN, Barbados, April 18, 2007 (AFP) - Former England captain Bob Willis demanded Michael Vaughan be axed as skipper following the team's World …
Squeezed Through
April 18, 2007 (LBO) - Fitch Ratings Lanka Wednesday confirmed Ceylease Financial Services Ltd's (CFS) national long-term rating at 'BBB-(lka)' with …
Sarwan emerges front-runner for West Indies captaincy
BRIDGETOWN, Barbados, April 18, 2007 (AFP) - Middle-order batsman Ramnaresh Sarwan is all set to be named as the West Indies captain for their next …
Sterling tops two dollars as greenback under rates pressure
NEW YORK, April 17, 2007 (AFP) - Sterling climbed above the psychological barrier of two dollars Tuesday for the first time since 1992 as data on …
Sri Lanka’s Maharoof and Murali torpedo Ireland
ST GEORGE'S, Grenada, April 18, 2007 (AFP) - Sri Lanka's Farveez Maharoof and Muttiah Muralitharan took four wickets each to set up an eight-wicket …
New Zealand dollar hits highest level for quarter century
WELLINGTON , April 18, 2007 (AFP) - The New Zealand dollar hit its highest level against the US currency for 25 years on Wednesday after inflation …
Sri Lanka seeks ICC compensation on aborted tournament
April 16, 2007 (AFP) - Sri Lanka wants compensation from cricket's world governing body for a cancelled tri-series last year that it says caused a …
Rebels gun down 4 in Sri Lanka’s east
COLOMBO, April 17, 2007 (AFP) - Suspected Tamil Tiger rebels gunned down four people in Sri Lanka's north and eastern regions as violence continued …
World Cup takes steps in wrong direction
BRIDGETOWN, Barbados, April 17, 2007 (AFP) - From the country that gave you Riverdance, Ireland can now boast The Chicken and The Ferret. buy …
Sri Lanka spends 54% percent of tax revenue on government jobs; unemployment down to 6.5%
April 17, 2007 (LBO) – Sri Lanka has spent 54 cents out of every tax rupee collected last year on government jobs and pensions, while plans are …
Resting stars leave Sri Lanka fans fuming
April 17, 2007 (AFP) - Sri Lankan cricket fans Tuesday expressed frustration and disappointment over their team's tactics in resting top players for …
Pakistan to sack 80 cricket officials
ISLAMABAD, April 17, 2007 (AFP) - The Pakistan Cricket Board said Tuesday it will sack 80 employees, including some senior management officials, in …
Sri Lanka tourism downturn delays Rs500mn Serendib re-branding
April 17, 2007 (LBO) – A downturn in tourism triggered by escalating violence has forced Serendib Hotels to put off plans to re-brand three …
US firms to make biodiesel from beef, poultry by-products
WASHINGTON, April 16, 2007 (AFP) - A new biofuel project will mean what's for dinner may also be what goes in the fuel tank with ConocoPhillips and …
Sri Lanka treasury yields rocket as central bank continues tight stance
April 17, 2007 (LBO) - Sri Lanka's 3-month treasury yield shot up at an auction by more than 43 basis points to 15. buy priligy online buy priligy …
Wal-Mart reclaims top spot on Fortune 500 list
NEW YORK, April 16, 2007 (AFP) - US retailer Wal-Mart Stores has dethroned oil giant ExxonMobil from the top position in the Fortune 500 list of …