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Sri Lanka bomb blast in Colombo wounds 10: police
September 8, 2008 (AFP) – At least 10 people were wounded in a minor bomb blast in Sri Lanka’s capital on Monday night, police said adding that it did not appear to be linked to the island’s drawn out ethnic conflict. The explosion inside a car at Colombo’s Gas Works’ Street was being treated as […]
”’ rating
Sept 09, 2008 (LBO) – Sri Lanka’s Brandix, an apparel maker said one of its eco-friendly factories that made clothes for UK’s Marks & Spencer retail chain, had received a top rating from the US Green Building Council (USGBC). The USGBC, leadership in energy and environmental design ‘platinum’ rating was won by a 130,000 square […]
World growth to slow before recovery: IMF
NEW YORK, September 9, 2008 (AFP) – World economic growth is set to continue to slow in the second half of 2008 before a gradual recovery in 2009, the number two official at the International Monetary Fund, John Lipsky, said Tuesday. “The global economy is projected to slow further in the second half of 2008, […]
EU economics chief sees economy weakening
BRUSSELS, September 9, 2008 (AFP) – EU Economics chief Joaquin Almunia warned on Tuesday that soon-to-be published growth forecasts would paint a dismal picture of the European economy. After the eurozone economy contracted 0.2 percent in the second quarter, Almunia noted that ECB and OECD forecasts for the rest of 2008 and early 2009 “are […]
Oil prices fall to US$102, a five-month low, before OPEC meet
LONDON, September 9, 2008 (AFP) – Oil prices slumped to 102 dollars a barrel on Tuesday, the lowest level since the start of April, as the market waited to see whether OPEC would announce a change to its crude output levels. Brent North Sea crude for delivery in October hit exactly 102 dollars a barrel […]
‘s Jayawardene among top nominees for ICC awards
NEW DELHI, September 8, 2008 (AFP) – West Indian Shivnarine Chanderpaul, Sri Lanka captain Mahela Jayawardene and South African Dale Steyn are set to dominate the fifth ICC awards night on Wednesday. The three were nominated for both the cricketer of the year and the Test player of the year awards that will be announced […]
ICRC steps up aid efforts in Tiger-held areas of Sri Lanka
GENEVA, September 9, 2008 (AFP) – The international Red Cross said Tuesday it has stepped up its efforts to assist thousands of displaced people in the rebel-held Wanni area of northern Sri Lanka. Tens of thousands of people have died on both sides since the Liberation Tigers of Tamil Eelam launched a separatist campaign in […]
UN pulls out of Sri Lanka war zone
September 9, 2008 (AFP) – The United Nations said Tuesday it was withdrawing all its aid agency personnel from Sri Lanka’s embattled north, following a government order to quit ahead of a major military offensive. Only a few aid agencies, including the UN outfits, still operate inside the rebel-held Wanni district in northern Sri Lanka. […]
Sri Lanka stocks remain unchanged, Monday
Sept 08, 2008 (LBO) – Sri Lanka stocks closed flat Monday with power and energy sector dominating trade, provisional data from the Colombo Stock Exchange showed. Heavyweight Dialog Telekom closed flat at 11.00 while state operator Sri Lanka Telecom closed flat at 45.00. The John Keells Holdings share lost 2.25 to close lower at 95.00. […]
Best Prices
Sept 08, 2008 (LBO) – Sri Lanka cellco Mobitel, a unit of fixed access carrier Sri Lanka Telecom is readying to call proposals to buy international bandwidth from cheaper suppliers, because its parent was too expensive, an official said.“We are not happy with the prices they extend to us,” Mobitel chief executive Suren Amarasekera told […]