Author: lbostgadmin
India to tour Sri Lanka next month
January 13, 2009 (AFP) – India will play five one-dayers and a Twenty20 international against hosts Sri Lanka next month to help fill the gap created by their cancelled tour of Pakistan, officials said Tuesday.The dates and venues for the hastily arranged series will be announced within a few days, Indian cricket board secretary N.Srinivasan […]
Sri Lanka gains ground from rebels: military
January 13, 2009 (AFP) – Sri Lankan troops have captured more territory from Tamil Tigers in fierce fighting around the rebels’ last stronghold in the northeast of the island, the defence ministry said Tuesday. Heavy fighting was reported around guerrilla-controlled Mullaittivu district on Monday, with troops seizing a rebel administration base, a training camp and […]
Test Ananda
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Interest Trends
Jan 13, 2009 (LBO) – Sri Lanka’s LB Finance said net profit for the December quarter rose 39 percent to 84 million rupees from a year ago, with interest income almost doubling. Total income fell 11 percent to just over a billion rupees, according to results released by the firm, the first listed company to […]
Port of Call
Jan 13, 2009 (LBO) – The Sri Lanka Ports Authority will start construction work on a yacht marina in the southern Galle harbour this week as part of efforts to promote it as a tourism port, a senior official said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to […]
Sri Lanka stocks revive after rate cut, tea tonic
Jan 13, 2009 (LBO) – Sri Lankan shares rose almost across the board Tuesday with fresh interest in plantations although trading volumes remained modest, after a central bank rate cut and a recovery in tea prices, brokers said. Over 1.1 million shares of Malwatte Valley Plantations changed hands with the stock ending up a rupee […]
Sri Lanka bond yields fall after rate cut
Jan 13, 2009 (LBO) – Sri Lanka bond yields plunged Tuesday and recovered to settle lower than a day earlier, following a cut in the unrestricted discount window rate of the central bank by 200 basis points overnight, dealers said. The 01.04.2012 bond started at 18.90/19.0 percent levels, fell to 18.65/75 levels and went up […]
Sri Lanka oil derivative case takes new turn
Jan 13, 2008 (LBO) – Public interest litigants who petitioned Sri Lanka’s Supreme Court to halt payments on oil derivatives have said they are willing to terminate their cases, if court orders are not carried out, lawyers said. But court had responded saying that the exercise was about judicial review of executive action through a […]
Sri Lankan govt under fire as murdered editor buried
January 12, 2009 (AFP) – The funeral of a Sri Lankan newspaper editor and staunch critic of the war on Tamil rebels was held Monday with the island’s government facing allegations of being behind his execution-style murder.Security was tight as thousands of mourners attended a Christian service for Lasantha Wickrematunga at the Assembly of God […]
Zimbabwe put Sri Lanka in to bat
DHAKA, January 12, 2009 (AFP) – Zimbabwe captain Prosper Utseya elected to field after winning the toss against Sri Lanka in a triangular one-day series match here on Monday. Zimbabwe beat Bangladesh by 38 runs in the opening match on Saturday. Each team will play two league games before the top two qualify for the […]
Sri Lanka wins with record-breaking Mendis bowling
DHAKA, January 12, 2009 (AFP) – Ajantha Mendis became the fastest bowler to complete 50 wickets in one-day internationals as Sri Lanka crushed Zimbabwe by 130 runs in a triangular series match here Monday.The unorthodox spinner finished with 3-15 off 5.2 disciplined overs as Sri Lanka dismissed Zimbabwe for a paltry 80 after scoring 210-6. […]
Sri Lanka keeps up air attacks on retreating Tigers: military
January 12, 2009 (AFP) – Helicopter gunships and war planes attacked suspected Tamil Tiger strong points in northern Sri Lanka on Monday while at least 19 rebels were killed in ground battles, the defence ministry said.Aircraft hit two positions of the Liberation Tigers of Tamil Eelam (LTTE) at Iranamadu, just south of their political capital […]