On Track

KANDY, Sri Lanka, Dec 2, 2007 (AFP) – Muttiah Muralitharan equalled Shane Warne’s world record tally of 708 wickets as Sri Lanka sent England crashing in the first cricket Test here on Sunday. The off-spinner grabbed 4-30 in 23 overs as England, replying to Sri Lanka’s modest 188, slumped to 186-6 by tea before heavy […]

‘s green tourist destination ambitions threatened by pollution

Dec 02, 2007 (LBO) – Sri Lanka was ranked a greener destination in a recent international rating but its aim to draw tourists by positioning the island as carbon neutral is threatened unless it acts immediately to curb pollution. Sri Lanka was given an overall position of 66 out of 141 countries, after considering the […]

Sri Lanka to release index showing lower inflation

Dec 01, 2007 (LBO) – Sri Lanka is about to release an inflation index that shows a lower level inflation a top official said, making the island the latest country to change indices in the face of runaway inflation from money printing. Rising inflation has prompted calls for legislated inflation targeting and full independence for […]

Ill Wind

Dec 01, 2007 (LBO) – Sri Lanka’s power engineers are protesting a controversial deal with Enercon, an Indian energy firm, alleging a massive procurement scandal after authorities approved the project when it was shot down by an evaluation committee. The Ceylon Electricity Board Engineers Union (CEBEU) said the government was about to award a letter […]

Sri Lankan clashes kill 27

Dec 1, 2007 (AFP) – At least 27 people were killed in fresh fighting in Sri Lanka’s embattled northeast, the military said on Saturday, marking the latest violence in the long-running ethnic conflict.At least 11 Tamil Tiger rebels were killed and 49 injured in heavy clashes across northern defence lines in Mannar early on Saturday, […]

‘s batting crumbles in first Test

KANDY, Sri Lanka, Dec 1, 2007 (AFP) – Matthew Hoggard grabbed four wickets in a hostile opening spell to give England a brilliant start in the first cricket Test against Sri Lanka here on Saturday. Sri Lanka’s delight at winning the toss and batting first on the slow pitch was short-lived as they crumbled to […]

Sri Lankan batting destroyed by England

KANDY, Sri Lanka, Dec 1, 2007 (AFP) – England’s pace-spin duo of Matthew Hoggard and Monty Panesar combined to dismiss Sri Lanka for just 188 on the opening day of the first cricket Test here on Saturday.England replied with 49-1 by stumps after losing opener Alastair Cook to the third ball of the innings when […]

Military training programme for teens expands in US

CHICAGO, Dec 1, 2007 (AFP) – Dozens of teens dressed in uniforms provided by the US Marines stand at attention in the gym of a Chicago public high school as a drill sergeant goes through a list of the day’s do’s and don’ts.Bring your books to class. Come for extra help if you need it.And […]

Spotlight

Dec 01, 2007 (LBO) – Sri Lankan entries to the Chartered Institute of Management Accountants (CIMA) global awards held in London have won big, with two firms and a popular tutor walking away with top marks. Clancy Peiris from Wisdon Business Academy won the award ‘Tutor of the Year,’ at the CIMA Financial Management Awards […]

Sri Lanka warned of impending foreign debt crisis by IMF

Nov 30, 2007 (LBO) – The International Monetary Fund (IMF) has warned that Sri Lanka may be heading towards a foreign debt crisis unless the island changed its recent habit of borrowing commercial dollars to bridge high budget deficits. IMF’s executive directors in an assessment after the international monetary watchdog completed its annual Article IV […]

Vaas, Murali feats no distraction, says Sri Lanka captain

KANDY, Sri Lanka, Nov 30, 2007 (AFP) – Sri Lanka will not be sidetracked by the record feats of Chaminda Vaas and Muttiah Muralitharan when the first Test against England starts on Saturday, captain Mahela Jayawardene said. While off-spinner Muralitharan needs five wickets to become Test cricket’s most successful bowler, seamer Vaas will become only […]

Market stress keeps economic outlook murky: Bernanke

WASHINGTON, Nov 29, 2007 (AFP) – The Federal Reserve sees a high degree of uncertainty in the US economic outlook and is worried that strains in financial markets may lead to broader problems, Fed chairman Ben Bernanke said Thursday.In remarks prepared for delivery to a business group in Charlotte, North Carolina, Bernanke said policymakers are […]

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