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Awarded
June 11, 2014 (LBO) – MindShare Sri Lanka, a GroupM agency, said it had won silver at GoaFest2014 for an advertisement of Sunlight, a product of Unilever. The advertising festival is organized Advertising Agencies Association of India (AAAI) and The Advertising Club. Mindshare Sri Lanka, had won Silver in the ˜Best Integrated Campaign for the […]
Emirates cancels order for 70 Airbus planes
PARIS, June 11, 2014 (AFP) – Emirates airline announced on Wednesday that it had cancelled an order for 70 long-haul A350 planes from European manufacturer Airbus.The decision was taken following “on-going discussions with the airline in light of their fleet requirement review”, Airbus said on Wednesday. Airbus added that it was still very confident in […]
Cricket: New-look England seek home comfort against Sri Lanka
LONDON, June 11, 2014 (AFP) – England will look to put the memory of their 5-0 Ashes drubbing in Australia behind them and prove there is Test life beyond Kevin Pietersen when they face Sri Lanka in the first of a two-match series at Lord’s on Thursday. What the run-out row also did was obscure […]
‘s vulnerability to foreign debt
June 11, 2014 (LBO) – Sri Lanka may be more vulnerable to foreign debt than generally believed, amid rising foreign borrowings by both the state, state enterprises and also private entities, economists have said.Harsha de Silva, an economist and legislator said when parameters developed by UN’s Economic and Social Commission for Asia and the Pacific […]
Sri Lanka Treasuries yields steady
June 10, 2014 (LBO) – Sri Lanka’s Treasuries yields were steady at Tuesday’s auction with yields easing one basis point across maturities, data from the state debt office showed.The 3-month yield fell 01 basis point to 6.54 percent, the 6-month yield fell 01 basis point to 7.72 percent and the 12-month yield fell 01 basis […]
Sri Lanka shares close up 0.1-pct
June 10, 2014 (LBO) – Sri Lanka’s shares closed higher for the second consecutive day with finance stocks gaining amid thin net foreign buying, brokers said. The Colombo benchmark All Share Price Index closed 6.61 points higher at 6,293.64, up 0.11 percent. The S&P SL20 closed 4.43 points higher at 3,484.12, up 0.13 percent. Turnover […]
Sri Lanka stocks close up 0.1-pct
June 09, 2014 (LBO) – Sri Lanka’s stocks closed higher with telco and oil palm stocks gaining amid strong foreign buying mostly into conglomerate John Keells Holdings, brokers said. Lanka Orix Finance closed 20 cents higher at 3.80 rupees and Lanka Orix Leasing closed 50 cents higher at 80.50 rupees. Cargills Ceylon closed 3.50 rupees […]
‘s Karachi airport
KARACHI, June 8, 2014 (AFP) – Heavily armed militants attacked Pakistan’s busiest airport in the southern city of Karachi Sunday night, killing at least six people as flights were suspended and the army was called in, officials said. Some six militants were also killed in the assault as gunfire, which continued overnight, and two huge […]
Sri Lanka MAS Holdings mulls stores in India; East Asia entry: report
June 09, 2014 (LBO) – Sri Lanka’s MAS group, a lingerie producer, is mulling an own-store chain in India and expansion into East Asia, a media report said. Press Trust of India, a news agency quoted MAS Holdings Director Ajay Amalean as saying that the group wanted to open up to 20 retail stores over […]
‘s Thirimanne upbeat after Northants draw
NORTHAMPTON, June 8, 2014 (AFP) – Sri Lanka’s Lahiru Thirimanne was in positive mood ahead of Thursday’s first Test against England after the tourists’ warm-up match against Northamptonshire ended in a draw.Although Sri Lanka have won individual Tests in England, they’ve never won a series of more than one match. But Thirimanne said he believed […]