Author: lbostgadmin
” by Tigers to inflate Sri Lanka tolls
July 8, 2009 (AFP) – Sri Lankan doctors arrested for allegedly spreading rebel propaganda before the defeat of the Tamil Tigers told reporters here Wednesday that they were pressured to inflate death tolls. A five-member team of doctors who worked inside the shrinking rebel-held territory during the final stages of the war have been in […]
”’ Sangakkara
July 8, 2009 (AFP) – Pakistan captain Younus Khan Wednesday hailed the ‘brilliant’ leadership of his counterpart Kumar Sangakkara after the Sri Lankan led his side to victory in his first Test as captain.Sri Lanka pulled off a dramatic 50-run win in the first Test at Galle Tuesday after Pakistan faltered in the second innings […]
Land Deal
July 08, 2009 (LBO) – Sri Lanka’s Supreme Court is to hear fresh arguments from petitioners seeking to revise a judgement last year that reversed a controversial transfer of state land to a private developer in a landmark case. Counsel for another group that had bought land in the property development project said they had […]
Terminal Bid
July 08, 2009 (LBO) – A consortium made up of Sri Lankan conglomerate Aitken Spence and China Merchant Holdings are the sole bidders to design and build a new container terminal in Colombo port, officials said.South Asia Gateway Terminals, which operates Colombo’s private container terminal, and China Harbour Engineering Company, which is building a port […]
Sri Lankan stocks down 0.73-pct
July 08, 2009 (LBO) – Sri Lankan shares fell for the seventh straight trading day Wednesday as investors took defensive positions, while some of the plantation companies were pushed up by retailers, brokers said.Commercial Bank of Ceylon closed at 130.50 rupees, down 1.50, while Distilleries Company of Sri Lanka closed at 86.00 rupees, down 1.50. […]
Pakistan sight win after rookies tame Sri Lanka
GALLE, July 6, 2009 (AFP) – Debutants Mohammad Aamer and Saeed Ajmal combined to wreck Sri Lanka’s batting and put Pakistan on the road to victory in the first cricket Test here on Monday. The pace-spin duo grabbed three wickets each as Sri Lanka were bowled out for 217 in their second innings on the […]
‘s Mendis signs for Aussie T20
MELBOURNE, July 7, 2009 (AFP) – Sri Lankan spin sensation Ajantha Mendis has signed for the South Australia Redbacks in this season’s domestic Twenty20 competition, officials said Tuesday.High performance manager Jamie Cox said securing the 24-year-old, whose unorthodox style helped Sri Lanka reach last month’s World Twenty20 final, was a huge boost for his side. […]
Herath spins Sri Lanka to dramatic Test win
GALLE, July 7, 2009 (AFP) – Rangana Herath skittled Pakistan with his left-arm spin to hand Sri Lanka a dramatic 50-run victory in the first cricket Test here on Tuesday.Herath grabbed 4-15 as Pakistan, chasing a modest target of 168, collapsed from a seemingly impregnable 71-2 to 117 all out in their second innings before […]
Indian budget deficit spooks markets
MUMBAI, July 6, 2009 (AFP) – India’s stock markets on Monday gave a thumbs-down to the government’s annual budget, spooked by a rising fiscal deficit and saying there was no clarity on boosting foreign investment. Economists said the lack of a clear plan for the sale of government stakes in state-run enterprises also disappointed, as […]
Tele Targets
July 7, 2009 (LBO) – Axiata, the parent of Dialog Telekom may offer 200 million US dollars for the Sri Lanka unit of Millicom International Cellullar, a media report said.Bloomberg news citing two people with knowledge on the deal said Millicom’s Cambodia operations may be offered 500 million US dollars. Bloomberg quoted Millicom chief financial […]
Sri Lanka coconut cultivators ask for freedom
July 07, 2009 (LBO) – Sri Lankan coconut cultivators have demanded they be allowed to sell land on which growing coconuts has become unremunerative as nut prices have fallen.Coconut is an important part of the diet of Sri Lankans and the island’s crop is not enough to feed both industries as well as domestic consumers. […]
Top Marks
July 07, 2009 (LBO) – Sri Lanka’s Commercial Bank said it has been named the island’s ‘Best Bank’ by Hong Kong based ˜FinanceAsia,’ a regional financial publication. The publication’s latest rankings are based on financial performance for the 2008/9 period, the bank said in a statement. The evaluation includes criteria such as capital adequacy, liquidity […]