All Blogs
Sri Lanka can tap Vietnam for aquaculture: minister
July 30, 2011 (LBO) – Vietnam is ready to send experts to Sri Lanka to transfer aquaculture knowledge and techniques to grow seaweed, lobster and sea-cucumber, visiting minister Vu Van Tam said in Colombo. “We can send out technicians or experts to help Sri Lanka,” deputy minister Tam said. “Or we are ready to receive […]
Duopoly
July 30, 2011 (LBO) – Dubai-based Flemingo International, which has won a concession to operate a second duty free shop in Sri Lanka’s main international airport, is aiming at a 55 million dollar annual market, an official said. Better pricing and availability of more brands can make passengers spend more in Colombo and prevent them […]
Rights Activist
July 29, 2011 (AFP) – The body of a prominent Sri Lankan human rights activist missing since February last year has been found, the United Nations said Friday. Pattani Razeek, managing trustee of non-governmental organisation the Community Trust Fund, was exhumed by police on Thursday after a tip-off from two suspects arrested in relation to […]
Sri Lanka name T20 squad for Australia series
July 30, 2011 (AFP) – Sri Lanka Cricket on Saturday named a 16-man squad for the Twenty20 games against Australia next month. The teams will play two Twenty20 games on August 6 and 8 at the newly-built Pallakelle International Stadium in the central town of Kandy, which will also host the opening one-dayer and the […]
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July 30, 2011 (AFP) – An ethnic Tamil journalist in Sri Lanka’s formerly embattled north was brutally attacked with iron bars, police said on Saturday, the latest in a string of assaults on the nation’s media. UN records show 5,653 outstanding “enforced and involuntary disappearances” in Sri Lanka. Among those missing is freelance journalist and […]
Sri Lanka stocks up 2.88-pct
July 29, 2011 (LBO) – Sri Lankan stocks closed sharply higher Friday, as bullish momentum continued for the fourth straight day, with active retail participation, brokers said. The benchmark All Share Price Index ended up 2. 88 percent or 191.81 points at 6,845.38 , while the Milanka Index of more liquid stocks closed up 2. […]
Somaliland
DUBAI, July 28, 2011 (AFP) – A petrol tanker belonging to the United Arab Emirates hijacked by Somali pirates on July 16 has been released, state news agency WAM reported Thursday. Last month, the UN Security Council warned that Somali pirates were attacking growing numbers of ships in the Indian Ocean and that the attacks […]
Indian Caution
July 29, 2011 (LBO) – India’s central bank has asked regional banks to be careful when dealing with people and entities from Sri Lanka after an international anti money laundering body listed the island as having insufficient compliance, a media report said. India’s Hindu newspaper said the country’s regional rural banks have been advised to […]
‘s Finco builds two east coast resorts
July 29, 2011 (LBO) – Sri Lanka’s Finco group, which has interests in construction, export manufacturing and real estate is building two resorts in the island’s eastern coast investing nearly 16 million US dollars to expand its leisure arm, an official said. Finco, a privately held business group listed an export apparel making unit, Orient […]
Deaf Sri Lankans protest for equal rights
July 29, 2011 (LBO) – Hundreds of deaf Sri Lankans took to the streets on Friday demanding equal rights and more people to translate sign language so they can have better access to medical and other services. The peaceful march in Colombo ended after the organisers were allowed to walk to Sri Lankan President Mahinda […]