Author: lbostgadmin
‘s ex-PM Zia to be freed soon: minister
DHAKA, August 9, 2008 (AFP) – Bangladesh’s military-backed government is close to freeing ex-prime minister Khaleda Zia, a minister said Saturday, as part of an apparent deal to secure her party’s participation in December general elections.Last year the government tried to force both Sheikh Hasina and Zia into exile as part of an effort to […]
Sri Lanka central bank says interest rates easing
Aug 08, 2008 (LBO) – Sri Lanka’s central bank has said interest rates on benchmark government securities had begun to ease with the opening up of the market to foreign investors, continued liquidity and lower inflation expectations. “In line with the rate reduction in the primary market, the secondary market yield curve that represents the […]
Sri Lanka central bank sells rare coins online, notes to follow
Aug 08, 200 (LBO) – Sri Lanka’s central bank has started online sales of old and commemorative coins which are sought after by collectors worldwide, with old notes also put on the block soon, a top official said.Governor Nivard Cabraal said old notes would also be made available to collectors in the near future and […]
Sri Lanka aim to put pressure on India
August 7, 2008 (AFP) – Sri Lanka captain Mahela Jayawardene says his team need to put pressure on a resurgent India in the crucial third and final Test starting here on Friday in a bid to maintain their impressive home record. Sri Lanka have lost just one of their last seven home Test series since […]
Sri Lankan debutant paceman rattles India
August 8, 2008 (AFP) – Debutant fast bowler Dammika Prasad grabbed three big wickets to jolt India in the third and final Test against Sri Lanka here on Friday.The tourists were comfortably placed after a 51-run stand for the opening wicket between Gautam Gambhir and Virender Sehwag before slipping to 104-3 in their first innings […]
Sri Lanka Mendis magic restricts India in final Test
August 8, 2008 (AFP) – Sri Lanka’s Ajantha Mendis and debutant Dammika Prasad restricted India to a modest first innings score of 249 in the third and final Test here on Friday despite a defiant last-wicket stand.Unorthodox spinner Mendis finished with 5-56 and paceman Prasad with 3-82 as India were bowled out in the last […]
Online social networking sites are hacker playgrounds
LAS VEGAS, August 8, 2008 (AFP) – Computer security researchers on Thursday warned that online social networking websites are playgrounds for hackers who can easily take advantage of people’s trust. Opportunities for mischief abound as users place intimate details of their lives on profile pages and install mini-applications made by strangers that don’t always have […]
ASEAN, India to sign free trade pact in December: official
BANGKOK, August 8, 2008 (AFP) – Southeast Asian nations will sign a free trade pact with India in December on the sidelines of a regional summit in Bangkok, an official said Friday. Talks in Brunei removed the remaining obstacles to the pact, which will liberalise trade in goods between India and the 10-member Association of […]
Oil prices slide beneath 116 dollars
LONDON, August 8, 2008 (AFP) – Crude prices slumped below 116 dollars a barrel on Friday as the market shrugged off confirmation that separatist Kurdish rebels were behind a blast that has cut a strategic oil pipeline in Turkey. Brent North Sea crude for September delivery shed 1.91 dollars to 115.99 dollars per barrel in […]
Sri Lanka fighting forces thousands to flee: UNHCR
GENEVA, August 8, 2008 (AFP) – Twelve thousand families are reported to have been displaced in July by fierce fighting in Sri Lanka between government troops and Tamil rebels, the United Nations refugee agency said Friday.Many have been forced to move on several occasions ahead of shifting frontlines to avoid crossfire and stay out of […]
Maldives adopts a new constitution
Aug 8, 2008 (LBO) – Maldivian President Maumoon Abdul Gayoom ratified a new constitution that ushers in key reforms and allows multi-party elections in the Indian Ocean republic. “Today we have witnessed a special moment where (the) Maldives has embraced a constitution that will usher in a liberal and modern democracy into the country, and […]
Sri Lanka shares becalmed, JKH gains
Aug 08, 2008 (LBO) – Sri Lankan stocks closed barely changed with a big block of John Keells Holdings shares changing hands at 104.50 rupees, brokers said. The All Share Price Index closed marginally up, gaining 1.08 points to 2,466.56 while the more liquid Milanka fell 0.11 percent (3.30 points) to 2,931.72. Turnover was 541 […]