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Choices: Calls or gold?
March 08, 2007 (LBO) – Indonesia, like Sri Lanka, sends its women to foreign lands to work as housemaids.The numbers may be larger, though the proportion is smaller. Telecom networks are expanding fast in both countries, Indonesia faster.The telecom sector is attracting massive investments in both countries as operators scramble to meet the burgeoning demand. Generally, […]
Sri Lanka troops in major attack on Tiger jungle base
March 8, 2007 (AFP) – Thousands of Sri Lankan government troops have begun advancing towards a strategic Tamil Tiger rebel jungle base in the island’s restive east, military sources said Thursday. More than 4,000 people have been killed in escalating fighting since December 2005. Troops backed by artillery and multi-barrel rocket fire were advancing towards […]
Treasury bill yields in Sri Lanka edge upwards
March 07 (LBO) – Sri Lanka’s treasury yields moved up by an average 15 basis points at Wednesday’s auction, despite the central bank purchasing two billion worth of bills off the 12-billion rupee auction. “Commercial Banks should pursue prudential measures to suppress the excessive growth in consumption credit while mobilising more deposits from public to […]
Air Pocket
March 07, 2007 (LBO) – Promoters of three private international airlines in Sri Lanka are running into stormy weather with authorities saying provisional approvals are no longer in effect, while a state-owned carrier completed a test run this week. State-owned Mihin Air completed a test flight to India this week to gain a license, using […]
Under Fire
March 7, 2007 (AFP) – Nine media workers have been killed in Sri Lanka over the past 15 months, rights groups said Wednesday, voicing concerns over deteriorating conditions for journalists. No one has been charged over the deaths, leading to fears that media freedom is being deliberately and violently suppressed through threats, abductions and attacks, […]
Which #@**%$! cricketer said that?
BRIDGETOWN, Barbados, March 7, 2007 (AFP) – AFP sports presents some of the best examples of cricket sledges: – Rod Marsh and Ian Botham: When Botham took guard in an Ashes match, Marsh welcomed him with: “So how’s your wife and my kids?” – Daryll Cullinan and Shane Warne: As Cullinan was on his way […]
‘s sledging match
BRIDGETOWN, Barbados, March 7, 2007 (AFP) – He’s a trained lawyer, so Kumar Sangakkara should know when it’s good to talk. But put him, as well as the cream of the world’s wicket-keepers and close-catching fielders out on the pitch, the mind games begin. Like it or not, sledging in cricket has become an art […]
Bangladesh clinch thrilling win over Kiwis
BRIDGETOWN, Barbados, March 6, 2007 (AFP) – Bangladesh pulled off a major shock on Tuesday when they defeated New Zealand by two wickets here in a World Cup warm-up. Pace bowler Mashrafe Mortaza proved to be the hero with bat and ball. After taking 4-44 to limit the Black Caps to 224 all out, he […]
Sri Lanka to probe charities for alleged Tiger links
COLOMBO, March 7, 2007 (AFP) – Sri Lanka’s military will probe charities for alleged links with Tamil Tiger rebels, defence spokesman Keheliya Rambukwella said Wednesday.The government has accused foreign and local non-government organisations (NGOs) working in the embattled north and east provinces of helping the Tigers with logistics, a claim the charities deny. “The defence […]
More Power
March 07, 2007 (LBO) –Mini hydro company Vidullanka has connected a new plant to the national grid the company said Wednesday, which can boost its energy production by more than 66 percent. Vidullanka which operates a 3.2 MegaWatt (MW) plant said a 2MW plant in Batatota has now been connected to Ceylon Electricity Board. The […]