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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 […]
Media rights group presses Sri Lanka
WASHINGTON, March 7, 2009 (AFP) – A rights group on Friday urged Sri Lanka to thoroughly investigate recent attacks against the media, saying it was disappointed with the government’s stance.Board members of the New York-based Committee to Protect Journalists (CPJ) met in Washington on Thursday with the Sri Lankan ambassador, Jaliya Wickramasuriya, to lodge their […]
Sri Lanka stock trading buoyed by Carson deal
March 06, 2009 (LBO) – Sri Lankan shares ended firmer Friday with trading volumes boosted by large transfers of shares within the Carson Cymberbatch conglomerate, brokers said.Seylan Merchant Leasing rose 16 percent or 1.25 to end at 9.25 rupees while Seylan Merchant Bank rose eight percent or 20 cents to end at 2.70. Seylan Merchant […]