Sri Lanka slaps new levy on rubber products

Oct 04, 2007 (LBO) – Sri Lanka has slapped a new tax on rubber products to raise funds for rubber sector development officials said, amid industry protests that cash from an existing levy was not being ploughed back to the sector. Since then however, natural rubber prices have more than doubled, making the sector an […]

Flying High

Oct 04, 2007 (LBO) – The boom in civil aviation especially in the Asian region is opening up vast opportunities for professionals, especially in engineering, in Sri Lanka, a senior airline official said. Eardley Abayaratna, manager, technical services of the engineering arm of the national carrier Sri Lankan Airlines, said the rapid rate at which […]

ECB to hold rates steady as euro rocks near record high

VIENNA, Oct 4, 2007 (AFP) – The European Central Bank was set to hold interest rates steady Thursday amid concern that the euro’s strength and a slowing economy were stirring up stiff headwinds for the 13-nation eurozone.The Bank of England was expected to leave its main lending rate unchanged as well, at 5.75 percent after […]

England 234-8 against Sri Lanka

DAMBULLA, Sri Lanka, Oct 4, 2007 (AFP) – Owais Shah hit a solid half-century under pressure to help England reach a respectable 234-8 against Sri Lanka in the second one-day international here on Thursday.Shah, Collingwood and Swann then batted sensibly to help their team cross the 200-mark. England were struggling at 61-4 after winning the […]

Nine killed in fresh Sri Lanka clashes

Oct 4, 2007 (AFP) – At least six Tamil Tiger rebels and three government soldiers were killed in fresh skirmishes in northern Sri Lanka, the defence ministry said Thursday. Fighting erupted at four locations along a de facto border separating the rebel-held territory in the Wanni region Wednesday, the ministry said in a statement. It […]

Sri Lanka bars UN officials from rebel territory

Oct 4, 2007 (AFP) – Sri Lanka said Thursday it would not allow the United Nation’s human rights envoy to visit rebel-held areas in the island’s north.The UN High Commissioner for Human Rights, Louise Arbour, is due in Sri Lanka next week to assess the island’s deteriorating rights record, while the UN’s top torture investigator, […]

Sri Lanka calls for expulsion of Icelandic diplomat

Oct 4, 2007 (AFP) – Sri Lanka on Tuesday called for the expulsion of an Icelandic diplomat who made a clandestine visit to the Tamil Tiger-held north of the island. Sri Lanka’s foreign ministry said it asked Reykjavik to recall Bjarni Vestmann, a minister-counsellor at Iceland’s foreign ministry, after he entered the country on a […]

Hutch Million

Oct 03, 2007 (LBO) – The Sri Lanka unit of Hutchison Telecom has passed one million users and the firm is planning to the double the size of its network over the next year, the company said. The firm which has carved a growing niche in giving affordable services largely through pre-paid services. œWe believe […]

Sri Lankan Airlines push weekly Indian flights to 99

Oct 03, 2007 (LBO) – SriLankan Airlines announced Wednesday it will launch services to Coimbatore on October 29, pushing weekly flights to India to 99. The airline is now flying 95 frequencies a week to 11 destinations in India. “SriLankan Airlines has positioned Colombo as the gateway to India, and we are continuously increasing our […]

No Atappattu for Sri Lanka tour of Australia: chief selector

Oct 03, 2007 (Vimasuma.com) Former Sri Lanka captain and opener Marvan Attapattu would not be included in a forthcoming tour of Australia, chief selector Ashantha de Mel said. “We were informed at about 5.00 pm by fax that Marvan would not attend a meeting with cricket officials,” de Mel told Vimasuma.com “It is not possible […]

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