Author: lbostgadmin
Sri Lankan Airlines woos flyers with American Express deal
Jan 08, 2008 (LBO) – Sri Lankan Airlines said it is trying to attract passengers by offering value added services to cope with the downturn in travel despite lower fuel costs and capacity cuts. Even though airlines have had relief with the drop in oil prices this has been far outstripped with the drop in […]
Sri Lanka troops take more territory from Tigers in Jaffna: military
January 8, 2009 (AFP) – Sri Lankan troops captured more territory from Tamil Tiger rebels in the northern Jaffna peninsula Thursday, a day after the government reimposed a formal ban on the guerrillas, officials said.Troops moved their front lines further south to Pallai, a key Tiger position on the peninsula after heavy fighting, military officials […]
Sri Lankan coconut growers seen giving up cultivation
Jan 08, 2009 (LBO) – Sri Lankan coconut growers are giving up cultivation and selling estates for housing as prices of nuts have fallen too low to be remunerative, a left-wing parliamentarian representing cultivators said.“Coconut cultivators want a stable price that will cover their production costs,” said Namal Karunaratne, convenor of the Joint Organization of […]
Sri Lanka expects record tea crop despite year-end drop
Jan 08, 2009 (LBO) – Sri Lanka’s tea production and exports fell sharply in November 2008 but export earnings in the 11 months were ahead of the year before and a record annual crop is expected, brokers said.Tea production in November 2008 at 24.6 million kilos was the lowest since 1999 as producers cut output […]
Building Ships
Jan 08, 2009 (LBO) –Sri Lanka is trying to enhance its ship building capacity with the government inviting foreign investors to set up a ship yard at a new port being built in the south, a senior port official said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to […]
Sri Lanka shares head down, Seylan Bank draws interest
Jan 08, 2009 (LBO) – Sri Lankan shares ended marginally weaker Thursday in thin trade and sentiment remaining gloomy with active, albeit low volume, trading in Seylan Bank, the subject of takeover interest, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price […]
Sri Lanka urged by media rights groups to punish TV station attackers
January 7, 2009 (AFP) – Media rights groups Wednesday urged Sri Lanka to punish those behind a recent attack on a privately-run television station that was torched by an armed gang. Gunmen stormed the studios and control rooms of the Maharaja TV network outside Colombo, held staff at gunpoint, and smashed and set alight equipment, […]
Sri Lanka Nov 08 industrial exports rise; tea, rubber shipments fall
Jan 07, 2009 (LBO) – Sri Lanka’s exports in November 2008 rose 11.6 percent to 645 million dollars from a year ago, led by industrial exports, especially garments, but tea and rubber export earnings slumped, the central bank said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 […]
”: govt
January 7, 2009 (AFP) – Sri Lanka’s Tamil Tiger guerrillas are “near extinction” as troops press home their initiative after capturing the rebels’ political capital, the defence ministry said Wednesday. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 Government forces have advanced towards the final remaining strongholds […]
Sri Lanka bans Tamil Tigers
Jan 07, 2009 (LBO) – The Sri Lankan government said it had decided to re-impose a ban on Tamil Tigers after a lengthy military campaign that has seriously weakened the rebels and cornered them in the island’s north-east. Maithripala Sirisena, spokesman for the cabinet of ministers, said the cabinet took the decision at Wednesday’s meeting […]
Sri Lanka re-imposes formal ban on Tamil Tigers
COLOMBO, January 7, 2009 (AFP) – Sri Lanka Wednesday decided to ban formally the Tamil Tigers in a symbolic move that signals closing the prospect of early peace talks with the rebels, a senior minister said.The Tigers, who are already outlawed by the United States and the European Union, have been waging a drawn-out campaign […]
Blast on Sri Lanka railway track halts train services
COLOMBO, January 7, 2009 (AFP) – A powerful explosion ripped through a railway track just outside the Sri Lankan capital on Wednesday causing disruption to commuter services, police said. Police said there were no casualties following the blast at Mount Lavinia, but the Colombo-bound track was damaged and train services were suspended pending investigation. “Fortunately […]