Author: lbostgadmin
Indian Call
April 07, 2008 (LBO) – India’s Reliance group is getting into Sri Lanka’s telecom sector by forming a joint venture up with the island’s Electroteks group, a media report said. Reliance Communications (RCom) would take up a 74 percent stake in the proposed joint venture unit – Reliance Mobile Lanka – in which Electroteks owns […]
Sun Rise
April 07, 2008 (LBO) – Sri Lanka’s ABC Radio network is hoping to get back on air shortly after authorities re-issued some of its licenses and frequencies, a top official said. The network ran five radio channels which were shut down by the government over a report it broadcast about Tamil Tiger activity in the […]
Sri Lanka suicide assassin may have been marathon runner
April 6, 2008 (AFP) – A suspected Tamil Tiger suicide bomber killed Sri Lanka’s highways minister as he opened a marathon Sunday in an attack that left 11 others dead and nearly 100 wounded, police and officials said. . Senior minister Jeyaraj Fernandopulle, 55, was killed in the town of Weliveriya outside of the capital […]
Samaraweera century put Sri Lanka back in game
PORT OF SPAIN, Trinidad, April 5, 2008 (AFP) – Thilan Samaraweera hit his sixth Test hundred and shared a century seventh-wicket stand with Chaminda Vaas to lead a Sri Lanka recovery in the second and final Test against West Indies here on Saturday. Samaraweera hit the top score of 125, as Sri Lanka, trailing by […]
Crisis, what crisis? say Swiss financiers amid UBS woes
GENEVA, April 6, 2008 (AFP) – Swiss ministers and financiers are striving to reassure markets and citizens there is no banking crisis even as the once-mighty UBS totters after losing billions of dollars in subprime exposure. UBS, the country’s biggest bank and once a byword for safe, reliable investments, now has the dubious distinction of […]
Sri Lanka minister killed in bomb attack
April 6, 2008 (AFP) – Sri Lanka’s highways minister Jeyaraj Fernandopulle was killed in a bomb attack outside Colombo on Sunday, a government official here said.The minister was presiding over traditional New Year celebrations in the town of Weliveriya, north of Colombo, when the blast occurred.At least 10 others were killed by the powerful bomb.
Sri Lanka senior minister targeted in suicide blast
April 06, 2008 (LBO) – A senior Sri Lanka minister has been killed in a Tamil Tiger suicide blast Sunday morning, north of Colombo, that has left at least 10 people dead, police and officials said. Highways minister Jeyeraj Fernandopulle was caught in the blast in the town of Weliveriya north of Colombo in a […]
Remote Diagnosis
April 06, 2008 (LBO) – Sri Lanka is setting up an internet kiosk network in agrarian areas to help farmers identify crop diseases and find quicker remedies government officials said. “Farmers can go to a cyber unit with a disease affected leaf and show it to an officer there who will in turn take a […]
Leisure Style
April 06, 2008 (LBO) – Sri Lanka’s famed architect, Geoffrey Bawa has inspired a new trend of boutique type hotels in Sri Lanka that are attracting high-end tourists, that is now spreading its wings abroad. . A leisure architectural style that is now sweeping across India and Indonesia had its origins nearly half a century […]
Battling Windies close in on Sri Lanka total
PORT OF SPAIN, Trinidad, April 4, 2008 (AFP) – West Indies, replying to Sri Lanka’s first innings total of 278, reached 268 for seven when bad light stopped play on the second day of the second Test on Friday. Sri Lanka’s bowlers exploited the lively Queen’s Park Oval pitch and heavy conditions to keep scoring […]
Mixed emotions for Sri Lanka captain after day two
PORT OF SPAIN, Trinidad, April 5, 2008 (AFP) – Sri Lanka captain Mahela Jayawardene had mixed feelings about the way his side performed on the second day of the second and final Test against West Indies on Friday at Queen’s Park Oval. Sri Lanka captured six wickets in the final session to get back into […]
‘s major banks begin to show sub-prime losses
TOKYO, April 5, 2008 (AFP) – Combined net profit at Japan’s six major banks is estimated to have dropped more than 40 percent for the year to March 2008, weighed down by losses related to US subprime mortgages, a daily said Saturday. The six banks are Mitsubishi UFJ Financial Group Inc., Mizuho Financial Group Inc., […]