‘s Coke unit in cricket talent search

Feb 6, 2008 (LBO) – Sri Lanka’s Coca Cola unit has teamed up with former cricket star Aravinda de Silva to launch ˜Cricket pathway’, a project to search for cricketing talent in rural areas in the country. “Coca Cola wants to see youngsters blossoming from school champions to world champions with guidance and support from […]

Rohit Sharma fined for dissent in Sri Lanka match

BRISBANE, Australia, Feb 5, 2008 (AFP) – Indian batsman Rohit Sharma was fined for dissent after India’s one-day international cricket wash-out against Sri Lanka at the Gabba here Tuesday. Sharma was fined 10 percent of his match fee for standing his ground after being given out by South African umpire Rudi Koertzen, caught behind off […]

Sri Lanka says 37 Tamil Tigers killed, carries out air strikes

Feb 6, 2008 (AFP) – Sri Lankan war planes Wednesday bombed targets inside Tamil Tiger-held territory in the north as ground forces clashed with the rebels, leaving 37 guerrillas and five soldiers dead, the defence ministry said.War planes hit a location near Iranamadu on Wednesday morning after government forces destroyed some 30 bunkers of the […]

Sri Lanka share prices slump as punters turn choosy

Feb 05, 2008 (LBO) – Sri Lankan stocks ended lower Tuesday with investors picking shares of companies expected to report higher profits or known to pay high dividends, brokers said. The All Share Price Index fell 19.52 points to 2,434.04 while the liquid Milanka index closed down1.32 percent or 41.16 points at 3,082.22. Turnover was […]

Outward Bound

Feb 05, 2008 (LBO) – The International Organisation for Migration (IOM) and Sri Lanka’s Department of Census and Statistics (DCS) have opened a National Centre for Migration Statistics in Colombo. . “As a country with high outward migration, Sri Lanka needs reliable statistics on migration patterns and flows to formulate effective migration policies,” said IOM […]

Red Flag

Feb 05, 2008 (LBO) – Journalists unions and associations from across the Asia-Pacific region have asked Sri Lankan President Mahinda Rajapakse to protect the safety of journalists on the island and uphold media freedom. Asia-Pacific affiliates and partners of the International Federation of Journalists (IFJ) said in a statement after meeting in Kuala Lumpur that […]

Australia hikes rates to 7.00-pct, a 12-year-high

SYDNEY, Feb 5, 2008 (AFP) – Australia’s central bank Tuesday lifted its key interest rates 25 basis points to 7.00 percent from 6.75 percent — a 12 year high — as it struggles to fight inflationary pressures.Reserve Bank of Australia (RBA) governor Glenn Stevens said recent information pointed to “significant inflation pressures”. “CPI (Consumer Price […]

G7 to meet amid fading hopes of joint action on economy

TOKYO, Feb 5, 2008 (AFP) – Slumping global stock markets and fears of a US recession are set to dominate a weekend meeting here of the world’s top finance chiefs, but analysts see little chance of any coordinated action. Although the fallout from the US subprime loan woes is spreading around the world, with the […]

Chinese named World Bank chief economist

WASHINGTON, Feb 4, 2008 (AFP) – The World Bank named Monday Justin Lin Yifu, who defected from Taiwan to China and rose to become a top economic strategist for the communist country, as its chief economist, the first time a Chinese has held the job.World Bank President Robert Zoellick said Lin, the founding director of […]

India 267 against Sri Lanka with Gambhir century

BRISBANE, Australia, Feb 5, 2008 (AFP) – A magnificent Gautam Gambhir century and an unbeaten 88 from captain Mahendra Singh Dhoni led India’s recovery in their one-day international against Sri Lanka here on Tuesday.India finished their 50 overs on 267 for four at the Gabba after slumping to 83-4, losing three wickets for just three […]

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