‘s Dilshan fires team to record Test win

CHITTAGONG, January 6, 2009 (AFP) – Tillakaratne Dilshan gave a superb all-round performance to power Sri Lanka to a record 465-run victory over Bangladesh in the second and final Test here on Tuesday.It was the fifth-largest win by runs in the history of the game. It was also Sri Lanka’s biggest victory in 182 Tests […]

Sri Lanka urged by UK to set out political solution to conflict

Jan 06, 2009 (LBO) – The British government has urged Sri Lanka to urgently draw up a political solution to the ethnic crisis following the fall of a key Tamil Tiger rebel stronghold to the army.“This is the only way to achieve a strong and sustainable peace in Sri Lanka in which all communities can […]

Sri Lanka business chambers condemn attack on TV station

Jan 06, 2009 (LBO) – Sri Lanka’s top business chambers condemned an attack on a private television station, saying the government’s credibility is at stake if it failed to bring the culprits to justice and prevent further attacks. The Ceylon Chamber of Commerce and Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL) […]

Attack on Sri Lanka broadcaster is criminal: United States

Jan 06, 2008 (LBO) – The United States has strongly condemned an attack on an independent broadcaster in Sri Lanka by a heavily armed group that stormed its main studio facilities and called for swift investigation. A similar raid was conducted by a group of armed men against the independent The Sunday Leader newspaper, who […]

Sri Lanka private TV station attacked

Jan 06, 2009 (LBO) – An independent privately-owned TV station in Sri Lanka was attacked by an armed gang who stormed its main studio complex in the outskirts of the capital Colombo, an official said.An MTV employee said a group of around dozen or more persons had arrived in a white van around 2.00 am, […]

Sri Lanka cautioned by Japan on military breakthrough

TOKYO, January 5, 2009 (AFP) – Japan, Sri Lanka’s top donor, was cautious Monday after the Tamil Tiger rebels’ capital fell, with an official saying that only a political solution could resolve the island’s ethnic war. Sri Lankan President Mahinda Rajapakse, part of the Sinhalese majority, vowed in a New Year’s address to crush the […]

Sri Lanka rupee quoted at 114.05/25 against greenback

Jan 05, 2009 (LBO) – The Sri Lanka rupee was quoted at a low of 114.05/25 against the greenback in intra-day trading Monday before recovering on dollar sales by a state bank that usually represents the Central Bank, dealers said.Banks parked 12.8 billion rupees at the central bank through an open market auction at an […]

Sri Lanka to review forex curbs in April: Central Bank

Jan 05, 2009 (LBO) – Sri Lanka would review restrictions imposed on foreign exchange use in April 2009, the central bank said as the rupee continued to weaken against the greenback on liquidity injections made by the monetary authority. The central bank tightened limits on overnight trading positions of commercial banks, imposed penal interest rates […]

Sri Lanka shares weaken despite military gains

Jan 05, 2009 (LBO) – Sri Lankan shares shed early gains to end 1.11 percent weaker Monday despite more military successes against Tamil Tiger rebels, with brokers saying the market is likely to remain quiet until investment funds return.The army made more gains Monday, seizing another town held by the rebels as they pushed deeper […]

Sri Lanka expects big coconut crop after heavy rains

Jan 05, 2009 (LBO) – Heavy rains in Sri Lanka last year should ensure an adequate coconut crop for 2009 that would be enough to meet the demands of both domestic consumers as well as export industry, a senior official said.“In the market at present more than 50-75 million nuts remain unsold.There are excess nuts.” […]

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