All Blogs
Kumble boost for India in final Test
DHAKA, May 24, 2007 (AFP) – India’s bowling spearhead Anil Kumble is fit to torment Bangladesh as the tourists seek a series win when the second and final Test starts here on Friday.The 36-year-old, India’s most successful bowler in both forms of the game with 547 Test and 337 one-day wickets, did not bat or […]
Penney takes temporary charge of Sri Lanka
May 24, 2007 (AFP) – Outgoing Sri Lanka coach Tom Moody’s sidekick is taking charge of the national team until a formal appointment is made, a senior Sri Lanka Cricket source said Thursday.Trevor Penney, who played for English county side Warwickshire for 17 seasons, joined Moody in late 2005 as fielding coach.He was England’s fielding […]
Slipping In
May 25, 2007 (LBO) – The Sri Lanka unit of the Indian Oil Corporation is planning to boost its 13 percent share in the island’s lube business after getting the government nod to enter the licensed industry, the company said Friday. The company said the secretary of Sri Lanka’s Ministry of Petroleum and Petroleum Resources […]
” victims
May 25, 2007 (LBO) – The World Bank Friday agreed to give Sri Lanka a soft loan of 32 million dollars to help tens of thousands Muslim victims of Tamil Tiger ‘ethnic cleansing’. The money will be used to provide housing, drinking water and sanitation to 20,600 displaced families, most of whom were driven out […]
Sri Lanka Telecom sale gets cabinet ok; next step management deal
May 25, 2007 (LBO) – Prospective Malaysian shareholders of Sri Lanka Telecom are seeking wide-ranging management control to purchase a 25 percent stake currently owned by Japan’s NTT through a shareholders’ agreement being negotiated among the three parties. Watertight Sources familiar with the deal’s provisions claimed it could also undermine telecom regulation in the future […]
Maritime Stakes
May 24, 2007 (LBO) – The Sri Lanka Ports Authority (SLPA) is to start construction work on the planned new deep-water port in Hambantota on the island’s south coast in the first week of June, officials said. The first phase of the project is to be completed in three years and three months, SLPA vice […]
Money Talks
May 24, 2007 (LBO) – Shareholders of Dialog has approved its 15.5 billion rupee rights issue which is the highest cash call made on the Colombo Stock Exchange, the company said. Dialog says the financing forms a part of a larger medium term funding programme, which would include more local and off-shore debt infusions to […]
Sri Lanka backtracks on opposition to French FM
May 24, 2007 (AFP) – Sri Lanka distanced itself Thursday from opposition to Bernard Kouchner, who was named by the European Union to monitor human rights on the tropical island and is France’s new foreign minister.Sri Lanka’s Foreign Minister Rohitha Bogollagama said he was not against Kouchner, even though the troubled island’s ambassador-designate to Geneva […]
Tamil Tigers strike Sri Lanka capital, naval base
May 24, 2007 (AFP) – Tamil Tiger rebels blew up an army bus in Sri Lanka’s capital Thursday, killing at least one soldier, just hours after the guerrillas said they had also stormed a naval base and killed 35 sailors. The escalation in violence came days after the Tigers, who have been fighting for a […]
Sri Lanka navy held Delft islet in Jaffna attacked by Tamil Tigers
May 24, 2007 (AFP) – Heavy clashes erupted Thursday between government troops and Tamil Tiger rebels on a remote islet off Sri Lanka’s northern Jaffna peninsula, military sources said.Government troops and Tamil rebels have been locked in combat following the breakdown of a 2002 Norwegian-arranged truce. Nearly 5,000 people have died in the last 18 […]