All Blogs
Closer Links
Sept 05, 2008 (LBO) – Trade experts have proposed reviving sea and rail links between Sri Lanka and the Indian sub-continent as part of greater regional connectivity moves required to improve trade in the region. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 Transport costs outweigh trade […]
Sri Lanka tea export earnings hit new high
Sept 05, 2008 (LBO) – Sri Lankan tea export earnings hit a new high up to July this year with strong demand continuing from the oil exporting regions of the Middle East and Russia, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 Brokers Asia Siyaka […]
No Bail
September 5, 2008 (AFP) – Sri Lanka’s Chief Justice Sarath Silva Friday refused bail for a Buddhist monk and slammed fellow clergymen for not showing respect to the judiciary.The monk was earlier this week remanded until September 15 when he will answer charges of using loud hailers after 10:00 pm in violation of new sound […]
Tele Tower
Sept 05, 2008 (LBO) – An iconic telecom tower to be built in Sri Lanka’s capital Colombo may cost about 10 billion rupees (92 million US dollars) and the government wants to make it a private-public partnership, an official said.The government has said the tower could be used by television, radio and telecom firms to […]
Sri Lanka gripped by heavy battles
September 5, 2008 (AFP) – Government forces and Tamil Tiger separatists fought heavy battles in northern Sri Lanka with another 34 combatants killed in fresh clashes, the defence ministry said Friday. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 Troops encountered stiff resistance from the rebel Liberation […]
End of bubble sees commodity prices tumble: analysts
PARIS, September 5, 2008 (AFP) – Sharp falls in commodity prices and a rise in the dollar mark the ending of one of the biggest ever speculative bubbles and a change in investor sentiment as the global economy slows, analysts say. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send […]
Oil prices at US$108 after US inventory data
LONDON, September 4, 2008 (AFP) – Oil prices fell on Thursday as the market digested the latest weekly snapshot of US energy stockpiles which recorded a bigger than-expected drop. New York’s main contract, light sweet crude for delivery in October, slipped 50 cents to 108.85 dollars a barrel. Brent North Sea crude for October dropped […]
Sri Lanka shares end firmer, heavy trading in Dankotuwa
Sept 04, 2008 (LBO) – Sri Lankan shares indices ended slightly firmer largely owing to gains in Dialog Telekom but turnover was low although there was heavy trading in Dankotuwa Porcelain, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index went […]
Supply Breakdown
Sept 04, 2008 (LBO) – Bunker oil stocks at Colombo are running low with a pending hand-over of a tank farm by the largest supplier to the port, and fresh stocks only due in mid-September, shipping officials said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The […]
Migrant Workers
KUWAIT CITY, September 04, 2008 (AFP) – Kuwait’s parliament is to hold an emergency session on September 10 to debate violent protests by foreign workers over pay and living conditions, speaker Jassem al-Khorafi said.Khorafi said he received a request signed by 35 MPs in the 50-member parliament to recall the house from its summer recess […]