All Blogs
India fans want Bangladesh to enter semi-finals
NEW DELHI, April 9, 2007 (AFP) – Bangladesh’s stunning progress in the World Cup has given cricket lovers in India reason to cheer again after their own team was knocked out in the first round.The giant-killing feats of Habibur Bashar’s men have revived interest in the tournament for millions of Indians, who now want both […]
‘s golden oldies
ST GEORGE’S, Grenada, April 9, 2007 (AFP) – Wicket-keeper Kumar Sangakkara believes golden oldies Sanath Jayasuriya and Muttiah Muralitharan are proving to be the inspiration as Sri Lanka target a second World Cup title. “The win was important for us and we know now that we have an excellent chance of qualifying for the semi-finals […]
Aussie win leaves England on brink of World Cup exit
ST JOHN’S, Antigua, April 8, 2007 (AFP) – Australia captain Ricky Ponting’s 86 helped see the champions a step nearer the World Cup semi-finals as they beat England by seven wickets in the Super Eights match at the Sir Vivian Richards Stadium here Sunday. Together with Michael Clarke, Ponting shared a third-wicket stand of 112 […]
ICRC concerned about worsening situation in Sri Lanka
GENEVA, April 9, 2007 (AFP) – The International Committee of the Red Cross (ICRC) voiced concern Monday about the worsening situation in Sri Lanka, urging all sides to respect humanitarian law.“The number of casualties caused by deliberate attacks on civilians has sharply increased in northern and eastern Sri Lanka,” the ICRC said in a press […]
Port Builders
April 09, 2007 (LBO) – The Sri Lanka Ports Authority (SLPA) is having a pre-bid meeting Tuesday with private investors keen on building container terminals in Colombo’s new south port whose infrastructure work has attracted interest from 30 investor consortia, an official said. SLPA chairman Saliya Wickramasooriya said Monday the original date for opening bids […]
Hedge Win
April 09, 2007 (LBO) – Sri Lanka’s petroleum utility will get a 33 million rupee payment this week on the expiry of its first hedging contract for imported diesel, a top official said. Last month the utility raised petroleum prices by 7 rupees a litre (about 30 rupee a gallon). Updated The utility first bought […]
Power Drive
April 09, 2007 – Sri Lanka Monday officially kicked off work on building a Japanese funded hydro power project in the island’s central hills, which will add 150 mega wattes of power to the national grid, the Japanese embassy here said.The 33.27 million dollar yen or 30 billion rupee Upper Kotmale project got off the […]
Fresh Funds
April 08, 2007 (LBO) – Massachusetts-based Virtusa Corp., an information-technology services firm with operations in Sri Lanka, is seeking 92 million dollars through a NASDAQ listing. The underwriters for the offering were listed as JP Morgan, Bear Stearns & Co., Cowen and Co. and William Blair & Co. The company, headed by a Sri Lankan, […]
Telecom Gains
April 08, (LBO) – Telecom operators who rolled out rural networks in the last three years will get a five billion rupee refund of levies collected from every incoming international call minute. Incumbent Sri Lanka Telecom (SLT) will get the largest slice, boosting its 2nd quarter earnings by up to three billion rupees. Other telecom […]
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VATICAN CITY, April 8, 2007 (AFP) – Pope Benedict XVI on Sunday decried the “suffering in the world” in his traditional “Urbi et Orbi” (to the city and the world) on Easter Sunday. “How many wounds, how much suffering there is in the world! Natural calamities and human tragedies that cause innumerable victims and enormous […]