Author: lbostgadmin
Sri Lanka moves to flush out Tigers from Jaffna peninsula
January 6, 2009 (AFP) – Sri Lankan troops were battling Tuesday to flush out Tamil Tigers from the Jaffna peninsula after taking the rebels’ political headquarters in the northern mainland, the military said.Security forces were pushing into remaining rebel-held territory in the Jaffna area after taking a part of the Elephant Pass, a causeway linking […]
Pink iguanas discovered on Galapagos Islands
QUITO, January 6, 2009 (AFP) – A team of Ecuadoran and Italian researchers have discovered a unique species of pink land iguanas living on the Galapagos Islands, the scientist who wrote the report told AFP. “It is surprising to have found in the 21st century a find of this magnitude,” said Washington Tapia, head of […]
Court Action
Jan 06, 2008 (LBO) – A Sri Lankan court has remanded three persons connected with Golden Key Credit Card Company, a crashed financial firm of the Ceylinco group, a reporter said. Seylan was put under the state-run Bank of Ceylon and its board of directors replaced by Sri Lanka’s central banks after depositors started to […]
Almost Full
Jan 06, 2009 (LBO) – A private container terminal in Colombo port which is the main money-spinner for Sri Lanka’s John Keells Holdings group, may be nearing its full capacity, analysts and port officials said. But the business was affected when JKH was forced to return its fuel tank farm to the port when the […]
Terminal Move
Jan 06, 2009 (LBO) – The Sri Lankan government will call for proposals from the private sector to build a container terminal in a new port being built next to Colombo before the end of January, a senior port official said. The Asian Development Bank has loaned the bulk of the funds for the infrastructure […]
Sri Lanka shares end down in thin trade
Jan 06, 2009 (LBO) – Sri Lankan shares ended weaker Tuesday in thin trade, ignoring more military gains against Tamil Tiger rebels, brokers said.Ceylinco Insurance closed up 8.57 percent or 15 rupees at 190 rupees although share prices of most other listed members of the Ceylinco group weakened or remained flat. The Ceylinco Group has […]
Sri Lanka negotiating currency swaps with foreign central banks: CB Governor
Jan 06, 2009 (LBO) – Sri Lanka’s is negotiating with foreign central banks to establish swap arrangements to increase its access to foreign currency, central bank governor Nivard Cabraal said. The Central Bank said it was looking for alternative ways of raising external finance after hedge fund money that came into the Treasuries market left […]
Sri Lanka consolidate in second Bangladesh Test
CHITTAGONG, January 5, 2009 (AFP) – Sri Lanka lost two quick wickets before reaching 95-2 in their second innings at lunch on the third day of the second Test against Bangladesh here on Monday. Sri Lanka lead the two-Test series 1-0 after winning the opener in Dhaka by 107 runs. The visitors, who made 384 […]
Sri Lanka pile on huge lead in Bangladesh Test
CHITTAGONG, January 5, 2009 (AFP) – Tillakaratne Dilshan and Thilan Samarweera smashed unbeaten half-centuries to put Sri Lanka in the driver’s seat on the third day of the second Test against Bangladesh here on Monday.Dilshan, who top-scored with 162 in the first innings, hit 81 while Samarweera scored 72 as the visitors reached 296-4 in […]
Sri Lanka troops keep up assault on last Tamil Tiger bases: army
January 5, 2009 (AFP) – Sri Lankan troops backed by tanks and helicopter gunships moved against the remaining Tamil Tiger jungle strongholds after taking their political headquarters, the army said on Monday.Soldiers were fanning out from positions in the north of the island and heading towards remaining rebel pockets after seizing the Liberation Tigers of […]
Sri Lanka troops take strategic pass from Tigers: army
January 5, 2009 (AFP) – Sri Lankan troops battling Tamil rebels Monday captured part of the highly strategic Elephant Pass in a second major success just days after taking the guerrillas’ political headquarters, the army said.Military spokesman Udaya Nanayakkara said the southern part of Elephant Pass, a causeway linking the northern Jaffna peninsula to the […]
Cell Call
Jan 05, 2009 (LBO) – The Sri Lanka unit of Bharti Airtel would launch its operations on January 12, the company said, kicking off a media campaign Monday and taking full page advertisements in local newspapers. BOI said the firm has been approved by the Telecommunications Regulatory Commission and planned to start operations by December […]