Author: lbostgadmin
Fuel Row
June 26, 2008 (LBO) – Indian Oil Corporation’s Sri Lanka unit has decided to drop its diesel retail price to match that of the dominant state-owned refiner after threats by government to take over its outlets. The fuel retailers sell diesel at a subsidised price and try to cover the losses through profits on petrol […]
Sangakkara hundred helps Sri Lanka beat Bangladesh
KARACHI, June 25, 2008 (AFP) – Wicket-keeper batsman Kumar Sangakkara hit a brilliant century to help Sri Lanka down Bangladesh by 131 runs in their Group A Asia Cup match here on Wednesday.The 30-year-old left-hander notched 101 for his seventh one-day hundred to propel the defending champions to 357-9 in their 50 overs before restricting […]
China deploys missiles to guard Games
BEIJING, June 25, 2008 (AFP) – China has deployed surface-to-air missile batteries near its main Beijing Olympic venues as an apparent defence against airborne terror attacks on the Games.An AFP reporter on Wednesday saw a pair of missile batteries in clear view under camouflage netting in a grassy area in northern Beijing about one kilometre […]
Sri Lanka reach 290-9 despite disciplined UAE bowling
LAHORE, June 26, 2008 (AFP) – Mahela Udawatte and Mahela Jayawardene scored half-centuries for Sri Lanka as they posted 290-9 against a disciplined United Arab Emirates in the Asia Cup here Thursday. The two top from each group will qualify for the Super League stages where each team plays three matches to decide the July […]
US defense secretary enters air tanker controversy
WASHINGTON, June 25, 2008 (AFP) – US Secretary of Defense Robert Gates was scheduled to meet Wednesday with officials in charge of Pentagon and Air Force purchases to discuss the controversial 35-billion-dollar refueling tanker deal. On June 18 the US Government Accountability Office (GAO), the investigative arm of Congress, backed a protest by aerospace giant […]
Google helps advertisers figure out website demographics
SAN FRANCISCO, June 25, 2008 (AFP) – Google has introduced a tool that lets advertisers figure out which websites their ideal customers are inclined to visit.“Google Ad Planner” lets advertisers enter demographics they wish to target and then returns a list of websites likely to appeal to people with those characteristics. “We hope you’ll find […]
Sri Lanka station wins two awards from Emirates
June 26, 2008 (LBO) – The passenger and cargo operations of Emirates in Sri Lanka have won two of the carrier’s global performance awards in 2007-08, the airline said in a statement. It received the Outstanding Achievements Award in the Passenger category and the Best GSA Award from Emirates SkyCargo at Emirates’ worldwide, annual commercial […]
Plane flies past destination as pilots doze: report
NEW DELHI, June 26, 2008 (AFP) – An Air India flight headed for Mumbai overshot its destination and was halfway to Goa before its dozing pilots were woken out of a deep slumber by air traffic control, a report said.The high altitude nap took place approximately two weeks ago, the Times of India reported Thursday. […]
Sri Lanka says 59 Tigers killed in two days of fighting
June 26, 2008 (AFP) – At least 59 Tamil Tiger rebels and government soldiers have been killed in the latest fighting in Sri Lanka’s north, the defence ministry said Thursday. Heavy fighting since Tuesday left 57 Tiger guerrillas and two soldiers killed in separate clashes across the districts of Vavuniya, Mannar, Mullaitivu and Jaffna, the […]
Writing Prize
June 26, 2008 (LBO) – Journalists who write on issues related to institutions of a free society, free markets and sound science have until June 30, to submit their work and win 15,000 US dollars in prize money, a top think thank has said.The International Policy Network’s (IPN) Bastiat Prize for journalism is inspired by […]
Sri Lanka in move to form tea producers group
June 26, 2008 (LBO) – Sri Lanka is to join a global forum of major tea producing countries, Tea Board chairman Lalith Hettiarachchi said. Most major tea producing countries have signed a memorandum of understanding to form the International Tea Producers Forum (ITPF) which will focus on issues of concern to producers, he said. The […]
Sri Lanka stocks becalmed
June 26, 2008 (LBO) – Sri Lanka stocks closed flat Thursday with foreign transactions in conglomerates helping to prop up turnover, brokers said. The overall market was barely changed with the All Share Price Index down 0.03 percent (0.71 points) to end at 2,479.21 while the more liquid Milanka edged up 0.33 percent (9.95 points) […]