Sri Lanka hydro storage fall below 300 million units

Mar 09, 2009 (LBO) – Hydro storage at Sri Lanka’s state-run power utility fell below 300 million units or 24 percent of capacity, with the firm offering to pay large customers to generate their own power.A newspaper advertisement by the Ceylon Electricity Board said inflow to its reservoirs during the past five months was the […]

Hair labels ICC chief a bully over umpire attack comments

MELBOURNE, March 9, 2009 (AFP) – Outspoken Australian umpire Darrell Hair labelled ICC chief Haroon Lorgat a bully Monday for telling officials caught in the Lahore attack to be “more rational” about their experience. Australian umpires Simon Taufel and Steve Davis have complained that Pakistan failed to protect them when gunmen opened fire as they […]

Ideas for Sri Lanka after the war

Mar 09, 2009 (LBO) – I have been asked why I do not write about the war. I did not, because I could not see the clear value addition. But now, as the LTTE’s 18-year control of territory is about to end, things must change. And ideas can play an important role. There has been […]

Better Margins

March 08, 2009 (LBO) – Sri Lanka’s Nations Trust Bank (NTB) said group net profit rose 17 percent to 593 million rupees in 2008 from a year ago and that it managed to increase market share.Group total income in the financial year ending December 31, 2008 rose 49 percent to 13.9 billion rupees with net […]

” in cricket attack

SLAMABAD, March 7, 2009 (AFP) – Former Pakistan captain Imran Khan believes a “foreign element” could be involved in this week’s attack on the Sri Lankan cricket team, according to an interview published Saturday. “It could be India, Afghanistan, the Tamil Tigers,” Khan was quoted as saying in an interview published online by The Times […]

Sri Lanka fighting kills over 100 Tigers: govt

March 8, 2009 (AFP) – More than 100 Tamil Tiger rebels have been killed in two days of fighting in Sri Lanka as they tried to break a military stranglehold, the defence ministry said Sunday.They died when the army beat back a series of counter-attacks by the Tiger rebels against advancing government forces in the […]

Psychologists help Sri Lanka cricketers

March 8, 2009 (AFP) – Sri Lanka has hired psychologists to help its national cricket team overcome the trauma they suffered in the militant attacks in Pakistan, a doctor said Sunday. The four specialists would work “to mentally boost our cricketers, help them heal their mental scars and overcome the tragedy,” Geethanjana Mendis, head of […]

Docking Trends

March 07, 2009 (LBO) – Sri Lankan ship builder Colombo Dockyard said net profit rose 32 percent to almost 1.5 billion rupees in 2008 from the year before, as it reaped the benefits of the shipping boom earlier in the year. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send […]

Sri Lanka tea prices rise as output falls

March 07, 2009 (LBO) – Sri Lankan tea prices rose at this week’s Colombo auctions mainly because of a shortfall in crop as well as improved quality, brokers said.Prices are likely to remain strong if the present dry weather continues and curtails the crop, they said. About 50 invoices of high grown teas from regional […]

Sri Lanka fighting kills 32 Tigers: ministry

March 7, 2009 (AFP) – At least 32 Tamil Tigers were killed in heavy fighting in Sri Lanka’s embattled northeast, where government troops have cornered the rebels, the defence ministry said Saturday. “The LTTE (Liberation Tigers of Tamil Eelam) end game is reaching its final phase,” the ministry said in a statement, adding that dozens […]

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