All Blogs
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 […]
Broad Backbone
Sept 08, 2008 (LBO) – Sri Lanka is planning an optical fibre backbone to take broadband internet access to rural areas of the island, with the infrastructure to be built as a public private partnership, an official said.Sri Lanka Telecom, the island’s largest fixed access firm has been laying fibre optic ring around the capital […]
Sri Lanka steps up air attacks against Tigers: military
September 7, 2008 (AFP) – Sri Lankan war planes and helicopter gunships pounded suspected Tamil Tiger bases in northern Sri Lanka on Sunday, the defence ministry said. Both sides admitted heavy losses in ground battles last week. Fighter jets attacked a training camp of the Liberation Tigers of Tamil Eelam (LTTE) at Mankulam, just south […]
Kuwait says no need for oil output cut
KUWAIT CITY, September 8, 2008 (AFP) – Kuwait’s Oil Minister Mohammad Al-Olaim said on Monday as he left for an OPEC meeting that he saw no need to cut the cartel’s oil production.New York’s main contract, light sweet crude for delivery in October, rose 65 cents to 106.88 dollars a barrel in electronic deals while […]
Singapore Airlines says to cut fuel surcharges
SINGAPORE, September 8, 2008 (AFP) – Singapore Airlines (SIA) said Monday it will cut fuel surcharges on some of its international flights after recent declines in jet fuel prices. The cuts, ranging from four to 10 US dollars, will take effect Tuesday and apply to flights from Singapore to Southeast Asian countries, Australia, New Zealand […]