Author: lbostgadmin
Sri Lanka treasury rates steady
April 02, 2008 (LBO) – Sri Lanka’s Treasury bill rates were flat after an auction in which the government sold 10 billion rupees worth of maturing bills, the government’s debt office said.The government sold 5.6 billion rupees worth 3-month bills at 18.40 percent, up 01 basis point, 2.9 billion rupees of 6-month bills at 18.97 […]
”” prices hit record
April 01, 2008 (LBO) – Sri Lanka’s central bank says a ‘core’ inflation index from which a number of expenditure components have been dropped is low, after consumer prices in the capital Colombo hit a historic new record. Inflation measured by the New Colombo Consumer Price Index (CCPI-N) rose to a new record of 23.8 […]
Sri Lanka accuses Tigers of shelling a hospital
April 1, 2008 (AFP) – Sri Lanka accused Tamil Tiger rebels of shelling a state-run hospital on Tuesday as fighting across the northern front lines reportedly left at least 35 rebels dead.The hospital in Mannar district was partially damaged by heavy artillery from the Liberation Tigers of Tamil Eelam (LTTE), the defence ministry said, adding […]
Sri Lanka accuses Tamil Tigers of shelling a hospital
April 1, 2008 (AFP) – Sri Lanka accused Tamil Tiger rebels of shelling a state-run hospital on Tuesday as fighting across the northern front lines reportedly left at least 35 rebels dead. The hospital in Mannar district was partially damaged by heavy artillery from the Liberation Tigers of Tamil Eelam (LTTE), the defence ministry said, […]
Sri Lanka lightening strike kills four soldiers killed, 56 wounded: police
April 1, 2008 (AFP) – At least four men were killed and another 56 injured Tuesday when lightening struck a military training facility in eastern Sri Lanka, police said.The victims were on a training exercise when they were struck in the district of Polonnaruwa, 216 kilometres (135 miles) east of here by road, police said. […]
Windies looking to put positive spin on test team after Sri Lanka defeat
PORT OF SPAIN, Trinidad, April 1, 2008 (AFP) – Stories of the ill-treatment of spin bowlers at the hands of the West Indies selectors over the years are notorious.Since Lance Gibbs ended his distinguished career on February 5, 1976, West Indies cricket history is littered with several bowlers plying the slow stuff that have been […]
Sex brings red hot television ratings, says survey
PARIS, April 1, 2008 (AFP) – Sex, sex and more sex together with ever-popular game shows remain the big television draws in most countries, according to a new survey.. Sex and science, sex and spirituality and sex for the sake of sex — anything goes, according to International Medias Consultants Associes (IMCA) and Mediametrie, a […]
Oil wobbles below 102 dollars in Asian trade
SINGAPORE, April 1, 2008 (AFP) – World oil prices traded below 102 dollars in Asian trade on Tuesday after falling more than four dollars in New York on concerns about slowing energy demand in the US, and a decline in Iraqi militia violence, dealers said. In morning trade, New York’s main oil contract, light sweet […]
Chinese premier says enough rice, only price going up: report
BEIJING, April 1, 2008 (AFP) – China will be able to maintain adequate rice supplies to its 1.3 billion people despite recent sharp hikes in global prices for the grain, Premier Wen Jiabao said in comments reported Tuesday. “Please set your mind at rest because China has an abundant supply of rice,” the China Daily […]
Deutsche Bank, UBS reveals new subprime-related losses
FRANKFURT, April 1, 2008 (AFP) – Deutsche Bank unveiled huge asset writedowns linked to the international banking crisis on Tuesday, but the amount still managed to pale in comparison to those announced by Swiss bank UBS.Deutsche Bank, the biggest German bank, said it estimated first-quarter writedowns would reach roughly 2.5 billion euros (3.9 billion dollars) […]
Emirates airlines hits 100 destinations with Dubai-Cape town service
April 01, 2008 (LBO) – Emirates airlines said it had non-stop services to Cape Town in South Africa from its hub in Dubai, cutting travel time for travellers from the Indian sub-continent and Europe. . “The new service will provide its customers in Europe, Middle East, the Indian-sub continent and Asia-Pacific with direct access to […]
Biggest Deal
April 01, 2008 (LBO) – Malaysia’s Usaha Tegas group bought a 35.2 percent stake in Sri Lanka Telecom for 300 million dollars making it the biggest deal in Sri Lanka’s capital market history and driving valuations to new heights. Usaha Tegas paid 50.50 rupees for 635 million shares of SLT from Japan’s NTT Communications valuing […]