Sri Lanka inflation to remain high in 2008 first half?

Feb 05, 2008 (LBO) — Sri Lanka’s central bank has warned that inflation may remain high around 16 to 20 percent in the first half of 2008 and blamed “low supply” of domestic foods for the sudden price jump of 3.0 percent in January. Eighty percent of the price increases was due to food, the […]

Google concerned over Microsoft bid for Yahoo

SAN FRANCISCO, Feb 3, 2008 (AFP) – Internet giant Google said Sunday it finds “troubling” Microsoft’s multi-billion-dollar bid to acquire rival Yahoo and urged US and international regulators to strenuously vet the proposed deal. “Microsoft’s hostile bid for Yahoo raises troubling questions,” read a statement by David Drummond, Google’s senior vice president for corporate development […]

Sri Lanka to take leaf from Indian cricket book

Australia, Feb 4, 2008 (AFP) – Sri Lanka captain Mahela Jayawardene said his team were looking to copy India and take the attack to Australia on their own turf during the triangular one-day cricket series. Sri Lanka play their first game in the tournament when they take on India at the Gabba here Tuesday, weather […]

Sri Lanka president kicks off independence celebrations

Feb 4, 2008 (AFP) – Sri Lanka President Mahinda Rajapakse kicked off independence celebrations at a sea-front promenade in the capital Monday under tight security following a string of Tamil Tiger attacks. The president hoisted the national flag to signal the start of official ceremonies marking the island’s independence from Britain 60 years ago. Officials […]

Second bus bomb attack kills 10 in Sri Lanka: military

Feb 4, 2008 (AFP) – A powerful roadside bomb killed at least 10 civilians and wounded several others Monday in northeastern Sri Lanka, the day’s second attack against a bus on the island, a military official said.Hours earlier, a similar mine attack against a military vehicle in the south left one soldier dead and three […]

Bomb attack Buttala, southern Sri Lanka, one dead: police

Feb 4, 2008 (AFP) – A powerful roadside bomb killed at least one soldier and wounded three others in a town in southern Sri Lanka Monday as the country marked 60 years of independence, police said. The attack came as the country was on red alert for possible attacks by separatist Tamil Tiger guerrillas, who […]

Sri Lanka winning war against Tamil Tigers: president

Feb 4, 2008 (AFP) – Sri Lanka’s president insisted Monday his government was winning the war against Tamil Tiger rebels as the island marked its 60th anniversary of independence after a bloody weekend of violence. Kicking off a display of military hardware along Colombo’s sea front promenade ringed by stiff security, President Mahinda Rajapakse also […]

Sri Lanka vows to beat Tigers, shrugs off aid threat

Feb 4, 2008 (AFP) – Sri Lanka’s president marked the island’s 60th anniversary of independence from Britain on Monday with a vow to defeat Tamil Tiger rebels, despite warnings the worsening conflict could lead to an aid cut. President Mahinda Rajapakse said the “challenge bestowed upon us by history is the defeat of terrorism.” “We […]

Sri Lanka rail blast death toll rises to 14: hospital

Feb 4, 2008 (AFP) – The number of people killed in a suicide bombing at Sri Lanka’s main railway station rose to 14 on Monday after two of the wounded died of their injuries, a hospital spokeswoman said.The twin blasts came despite heightened security across the island on Monday as Sri Lanka prepared to mark […]

Explosion in Sri Lanka capital Colombo; US condemns blasts

Feb 04, 2008 (LBO) – A bomb exploded in the Colombo suburb of Mount Lavinia Monday, the military said, as Sri Lanka marked 60 years of independence from British rule. Official independence day celebrations are due to start in a few hours amid tight security. Military spokesman Udaya Nanayakkara said an explosive device had been […]

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