Author: lbostgadmin
Sri Lankan troops capture key Tamil Tiger town: ministry
September 2, 2008 (AFP) – Sri Lankan forces have captured the key town and Tamil Tiger bastion of Mallavi in the north of the island following heavy fighting that killed 37 people, the defence ministry said Tuesday. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 Security forces […]
Sri Lanka jails 305 military deserters
September 2, 2008 (AFP) – Sri Lanka’s military on Tuesday ordered the jailing of 305 army deserters who failed to return to their units during an amnesty period, the defence ministry said.The men were sentenced to jail terms ranging from three months to one year following court martial proceedings, the ministry said. “Those deserters have […]
Google Browser
WASHINGTON, September 2, 2008 (AFP) – Google plans to launch Tuesday its own Internet browser, opening up a new challenge in cyberspace to Microsoft and its dominant Internet Explorer. The California-based Web search leader said the new browser, called Google Chrome, would “add value for users and, at the same time, help drive innovation on […]
Sri Lanka, India in tea import deal
Sept 02, 2008 (LBO) – Two of the world’s biggest tea exporters, Sri Lanka and India, have signed an agreement on tea imports into each other’s countries, news reports said. Sri Lanka tea industry officials also said exports of Ceylon tea to India had for long been held up by red tape and other restrictions […]
Leasing Risks
Sept 02, 2008 (LBO) – Fitch Ratings says the underlying risks of Sri Lanka’s specialised leasing company sector have increased owing to high inflation and rising interest rates. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 While the larger firms are relatively more resilient to a continued […]
Diaspora Business
Sept 02, 2008 (LBO) – Sri Lanka’s HSBC will chase expatriate Sri Lankan customers through its overseas network banking on newly liberalized foreign deposit rules, a top official said.“We want to attract Sri Lanka diaspora in countries where we have branches and get deposits and remittances,” Nick Nicolaou, head of HSBC in Sri Lanka and […]
Philippines police could face charges for detaining journalists
MANILA, September 1, 2008 (AFP) – Philippine police officers who crushed a right-wing military revolt last year could face criminal charges for detaining journalists covering it, the head of the independent human rights commission said Monday. The commission ruled that the brief detention of journalists covering the story was arbitrary and violated their constitutional right […]
Indonesian inflation nears 12 percent in August: officials
JAKARTA, September 1, 2008 (AFP) – Indonesia’s annual inflation rate rose to 11.85 percent in August after month-on-month growth of 0.51 percent, Central Statistics Agency chief Rusman Heriawan said Monday. Annual price growth was less than the expected 12 percent, according to economists polled by Dow Jones Newswires. While inflation last month was slower than […]
‘s EU GSP benefits could to be renewed: trade law expert
Sept 1, 2008 (LBO) – The European Union (EU) could renew Sri Lanka’s GSP+ trade concessions but then put pressure on the government to improve its human rights record, a US trade law expert said Monday. Access to European markets is also important at a time when exports to the US are slowing down. “I’d […]
Tele Conference
Sep 01, 2008 (LBO) – Sri Lanka would be hosting the Asia Pacific conference on digital mobile telecommunications from September 07, which celebrates 21 years of Global System for Mobile communications (GSM) standard, Dialog Telekom said. The 20th GSM Asia Pacific Conference of the GSM Association is titled ‘Beyond 21’ “The conference aims to draw […]
Appeal
Sep 01, 2008 (LBO) – The man who acted as translator for a condemned Sri Lankan teenaged girl in a Saudi court was not a native Tamil speaker, her lawyer told court in an appeal hearing, a media report said. She had been 17 at the time she went to work as a house maid […]
Money Transfer
Sept 01, 2008 (LBO) – Sri Lanka’s Commercial Bank, in a bid to raise awareness on its MoneyGram fund transfer method, plans to give away air tickets to its customers, the bank said in a statement. Two return air tickets to Mumbai will be available for MoneyGram customers of the Commercial Bank of Ceylon with […]