Sri Lanka tea exports rise in 2008

Feb 10, 2009 (LBO) – Sri Lanka exported 319.7 million kilos of tea and earned an estimated 1.26 billion dollars in 2008, but industry officials said shippers may not have received full payment given the collapse of the market towards the end of the year. Brokers Asia Siyaka Commodities said in a market report that […]

Sri Lankan shares close marginally up

Feb 10, 2009 (LBO) – Sri Lankan stocks ended slightly up Tuesday with speculative trading on Lanka Cement by small investors, as high-net-worth and institutional investors stayed away owing to fears of poor company earnings, brokers said. The All Share Price Index ended up 0.21 percent (3.77 points) at 1,765.88 while the more liquid Milanka […]

Indonesia to issue 12-pct Islamic bonds

JAKARTA, February 10, 2009 (AFP) – Indonesia launched its first retail Islamic bond this month hoping to catch up with its neighbours in the Islamic finance business and help fund a six-billion-dollar economic stimulus package. It may be the world’s most populous Muslim country and Southeast Asia’s largest economy but Indonesia has been slow to […]

Sri Lanka defeat prompts Pakistan to probe cricket crisis

KARACHI, February 8, 2009 (AFP) – A parliamentary committee on sports is to probe Monday the falling standards of Pakistan cricket and the controversy behind the resignation of the director general of the cricket board, a top official said.The committee has summoned team management, former director general Javed Miandad and Pakistan Cricket Board (PCB) officials […]

World T20 will be tougher this time, says SLanka captain

February 9, 2009 (AFP) – Sri Lanka’s Mahela Jayawardene on Monday predicted a more competitive Twenty20 world championships in England this year, saying teams were getting used to the new format. “We have learnt how to approach this game, so it will be much tougher this time,” said Jayawardene after launching a world-wide tour of […]

Suicide bomber strikes refugee camp: military

February 9, 2009 (AFP) – A suspected Tamil Tiger suicide bomber attacked a camp for civilians fleeing Sri Lanka’s war zone on Monday, killing 20 soldiers and eight civilians, army spokesman Udaya Nanayakkara said.He said the female bomber from the Liberation Tigers of Tamil Eelam (LTTE) targeted a camp near Visuamadu, an area the military […]

Sri Lanka suicide attack condemned by US

Feb 09, 2009 (LBO) – The United States has condemned a Tamil Tiger suicide attack in northern Sri Lanka that killed 28 people and urged the rebels to let civilians move out of the war zone. “The United States condemns today’s suicide attack on a government centre that was registering internally displaced persons who had […]

‘s winning streak

February 8, 2009 (AFP) – Tillakaratne Dilshan top-scored with a solid 97 as Sri Lanka prevented an Indian clean sweep with an emphatic 68-run win in the fifth and final one-day international here on Sunday.The hosts posted 320-8 following impressive knocks from opener Dilshan and Kumar Sangakkara (84) and then dismissed the tourists for 252 […]

Sri Lanka hunts Tiger chief with victory in sight

February 8, 2009 (AFP) – Sri Lankan troops have smashed the Tamil Tigers’ mini-state and cornered the remaining rebels, but officials say they must catch their elusive leader to declare final victory. The air force carried out a series of raids on locations where Velupillai Prabhakaran, 54, was suspected to have sheltered over the weekend, […]

Civilians pour out of Sri Lanka war zone: govt

February 8, 2009 (AFP) – At least 10,000 civilians have escaped Sri Lanka’s war zone in the last four days, the government said Sunday, as the president warned Tamil Tiger rebels to surrender unconditionally or be killed. The Tigers are fighting for survival after being driven back into a small patch of jungle by a […]

Sri Lanka navy sinks two Tiger boats: military

February 8, 2009 (AFP) – The Sri Lankan navy on Sunday sank two boats carrying Tamil Tiger rebels escaping the island’s north-eastern battle zone, killing at least six guerrillas, a spokesman said.Naval craft attacked two boats belonging to the Liberation Tigers of Tamil Eelam (LTTE) off the coast of Mullaittivu where the rebels have been […]

Sri Lanka elect to bat in final India one-dayer

February 8, 2009 (AFP) – Sri Lanka captain Mahela Jayawardene won the toss and elected to bat in the fifth and final one-day international against India here on Sunday.Umpires: Brian Jerling (RSA) and Tyron Wijewardene (SRI) TV umpire: Kumar Dharmasena (SRI) Match referee: Chris Broad (ENG) India, leading 4-0, made two changes from the side […]

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