All Blogs
Hospital Expansion
Sept 13, 2010 (LBO) – Sri Lanka’s Asiri Hospitals group has acquired a firm with land in the central hill country capital of Kandy with approval to build a hospital, a stock exchange filing said. In April Asiri Hospital said it had bought a 40-bed hospital in the island’s southern Matara area for 160 million […]
India shares breach 19,000 points level
MUMBAI, September 13, 2010 (AFP) – India’s main stock market on Monday crossed the key 19,000 points marks to its highest level for more than two years, boosted by optimism about growth in Asia’s third largest economy, dealers said. The 30-share Sensex hit a day’s high of 19,095. 74 in morning trade, before retracing marginally […]
Klinger gatecrashes South African party to tame Lions
CENTURION, September 12, 2010 (AFP) – Michael Klinger gatecrashed a South African party at the Champions League Twenty20 tournament on Sunday and led South Australia Redbacks to a 11-run victory over Highveld Lions. Skipper Klinger and Callum Ferguson added 97 runs for the third wicket as the slow-starting Redbacks finished with a run flourish to […]
Sri Lanka 83rd in Forbes best countries for business list
Sept 13, 2010 (LBO) – Sri Lanka has been ranked 83rd in the latest Forbes Best Countries for Business list, behind India which was placed 77th but ahead of Pakistan at 92 and Bangladesh at 109. Denmark tops the list, followed by Hong Kong in second place, New Zealand in third, Canada in fourth and […]
Fifth interest rate hike expected as India battles inflation
NEW DELHI, September 12, 2010 (AFP) – India is expected to hike interest rates this week for a fifth time in six months after a surge in industrial output strengthened the case for another dose of monetary tightening, economists say. Although India has been the most aggressive in the Asia-Pacific region in raising rates to […]
Sri Lanka Wayamba defeated by South Africa Warriors
PORT ELIZABETH, September 11, 2010 (AFP) – A dream start for South African franchises in the Champions League Twenty20 tournament continued on Saturday as Eastern Cape Warriors defeated Wayamba Elevens by seven wickets. South African President Jacob Zuma and Spanish singing megastar Enrique Iglesias were among those who witnessed star-less Highveld Lions shock the Sachin […]
Campaigners seek more reactive UN rights council
GENEVA, September 12, 2010 (AFP) – Five years after the Human Rights Council was set up, the United States, once among its biggest critics, has now confirmed its full engagement in the UN body. She acknowledged that there are still many critics who “are still arguing that the US should not have joined in the […]
Sports Backing
Sept 10, 2010 (LBO) – Sri Lanka’s schools sports need private sector support, especially for an upcoming meet that will see children from former war-torn areas taking part in a big way, the education minister has said. The education ministry has also started a s scholarship program for talented students who are financially constrained. “There […]
‘s Mumbai in opener
JOHANNESBURG, September 10, 2010 (AFP) – The Champions League Twenty20 tournament got off to a thrilling and surprise start Friday with local outfit Highveld Lions of South Africa defeating star-studded Mumbai Indians by nine runs. Opener Vandiar led the way at one of the most famous world cricket venues with his runs coming off 48 […]
‘s constitution changes draw US concern
WASHINGTON, September 11, 2010 (AFP) – The United States on Saturday expressed concern over changes to the Sri Lankan constitution, which strengthened the presidency, saying they were undermining the principles of democracy. “The United States is concerned that this constitutional amendment weakens checks and balances and thus undermines the principles of constitutional democracy,” State Department […]