Author: lbostgadmin
Sri Lanka inflation falls to 10.7-pct
Jan 30, 2009 (LBO) – Inflation in the 12-months to January 2009 measured by the revised Colombo Consumer Price Index (CCPI) fell to 10.7 percent from 14.4 percent in December, the government’s statistics office said. The moving average of the index, which is a lagging indicator, fell to 21.6 percent from 22.6 percent. Sri Lanka […]
UN evacuates wounded civilians from Sri Lanka war zone
January 29, 2009 (AFP) – The United Nations evacuated hundreds of severely wounded civilians from behind rebel lines in Sri Lanka Thursday as government troops fought to secure final victory over the Tamil Tigers.Human rights bodies have called for immediate steps by both the Colombo government and the Liberation Tigers of Tamil Eelam (LTTE) to […]
Mobile Alert
Jan 30, 2009 (LBO) – Sri Lanka has launched a disaster warning system based on mobile phones that can deliver a an alert to millions of mobile phones users within minutes of an event taking place anywhere in the world, an officials said. “As a result of the international linkages we have built, I received […]
Refuge
TOKYO, January 30, 2009 (AFP) – The number of asylum seekers in Japan doubled last year amid turmoil in Myanmar but only a small number of them were granted refugee status, government figures showed Friday. By comparison, the United States resettles up to 50,000 refugees a year. Japan imposes tight restrictions on immigration and has […]
Finance Meet
Jan 30, 2008 (LBO) – Sri Lanka’s President Mahinda Rajapaksa had met the heads of banks, finance and leasing companies to discuss recent turmoil and future direction, the president’s office said. Representatives of state and private banks, the Central Bank and Treasury were also in the meeting, held Thursday. The meeting discussed the steps take […]
Sri Lankan stocks slide 0.75 percent
Jan 30, 2009 (LBO) – Sri Lanka shares closed down 0.75 percent Friday, dragged down by worse-than-expected third quarter earnings of index heavy John Keells Holdings (JKH), dealer said. Foreign investors bought 27.3 million rupees with shares, and sold 85.4 million rupees worth shares, resulting in net sales of 58.1 million rupees. The All Share […]
‘ British chief faces terror charges
LONDON, January 28, 2009 (AFP) – The chief of the Tamil Tiger rebels in Britain helped supply military equipment to the Sri Lankan separatist group, a London court heard Wednesday.Laidlaw added that Chrishanthakumar had headed the United Tamil Organisation in Britain before it became outlawed in 2001. The LTTE, which is fighting for a separate […]
International concern mounts for Sri Lanka civilians
January 29, 2009 (AFP) – International rights groups pressed for urgent action to save up to 250,000 civilians trapped in northern Sri Lanka where government forces Thursday fought to secure final victory over Tamil rebels.Human rights bodies called for immediate steps by both the Colombo government and the rebel Liberation Tigers of Tamil Eelam (LTTE) […]
Crime Alarm
Jan 29, 2009 (LBO) – Sri Lanka’s computer crime fighting has failed with more than three quarters of cases ending without convictions or not being investigated, despite new laws being devised, Chief Justice Sarath Silva said. In 2007, there had been 17 cyber crimes but only 76 percent had been investigated. “Now the alarm signs […]
Support Group
Jan 29, 2009 (LBO) – The Sri Lanka division of the Chartered Institute of Management Accountants would be advised by a 5-member consultative group after the local divisional council was suspended, the accounting body said. CIMA (Chartered Institute of Management Accountants) has appointed a local Consultative Group to advise on the affairs of its Sri […]
Thailand plans 200,000-tonne rubber stockpile to boost prices
BANGKOK, January 29, 2009 (AFP) – Thailand’s cabinet Thursday approved a plan to stockpile 200,000 tonnes of rubber from next month in a bid to stabilise prices which have almost halved in a year.Thailand’s rubber industry, based mostly in the southern and eastern provinces, has suffered in recent months from falling oil prices, which have […]
Sri Lankan markets close up 1.2-pct
Jan 29, 2009 (LBO) – Sri Lanka stocks closed up 1.25 percent Thursday driven by renewed retail confidence on expectations of a quick end to the military conflict in the north, brokers said.Foreign buying was at 13.80 million rupees, while foreign selling was at 24.57 million rupees. The military said they found abandoned Tamil Tiger […]