Author: lbostgadmin
Australia tigthened grip over Sri Lanka; Jaques, Hussey hit repeat centuries
HOBART, Australia, Nov 16, 2007 (AFP) – Phil Jaques and Mike Hussey scored back-to-back Test centuries as Australia took a vice grip on the second cricket Test with Sri Lanka after the opening day’s play at Bellerive Oval here Friday. Australia named an unchanged side while Sri Lanka recalled Lasith Malinga and fit-again Kumar Sangakkara, […]
US change on accounting rules welcomed by EU
WASHINGTON, Nov 15, 2007 (AFP) – A top EU regulator on Thursday welcomed a move by the US Securities and Exchange Commission to abolish rules that had obliged publicly-listed European companies to comply with US accounting standards. SEC regulators approved new rules which will no longer oblige publicly-traded EU companies with operations in the United […]
Bhutto freed, Musharraf to swear in new government
ISLAMABAD, Nov 16, 2007 (AFP) – Pakistani authorities freed former premier Benazir Bhutto and a leading human rights activist from house arrest Friday as a senior US official headed to Islamabad to urge an end to emergency rule.The orders ending their detention came just hours before President Pervez Musharraf was to swear in a caretaker […]
Skills Export
Nov 16, 2007 (LBO) – A Sri Lankan construction industry trade mission to the Middle East has managed to secure work in the booming Arabian Gulf construction industry, officials said. The visit to Qatar and Dubai by members of the Chamber of Construction Industries (CCI) was arranged in an effort to export local construction skills […]
Sri Lanka Tea Board waives fees for online documentation
Nov 16, 2007 (LBO) – Sri Lanka’s Tea Board Friday announced it was waiving documentation fees for exporters who use an electronic export document processing system in an effort to encourage more automation. . The system, designed and implemented by eServices Lanka, enables tea exporters to submit documents electronically seeking approval for export without having […]
No Porn
Nov 16, 2007 (LBO) – Sri Lanka’s banks said they would dump customers who paid for child pornography though their services and would also report them to the regulator. The banks said Friday they would have “heightened watchfulness” on credit cards and “other methods of transaction[s] relating to child pornography”. The customers would be reported […]
‘s Horana named best town for business
Nov 15, 2007 (LBO) – A town south-east of the Sri Lankan capital Colombo has emerged as the surprising choice of companies as the best place to do business. A study conducted by the international organization Asia Foundation in Sri Lanka on private sector business development and economic growth, found that Horana, 60 km from […]
Sri Lanka opposition lawmaker joins government
Nov 15, 2007 (LBO) – A Sri Lankan opposition party lawmaker Thursday joined the government, a day after a ruling party parliamentarian defected to the opposition. Mahinda Ratnathilake, a member of parliament for the Ratnapura district in the main opposition United National Party (UNP) crossed over to the government soon after meeting President Mahinda Rajapakse […]
Sri Lanka political crossovers shake government ahead of budget vote
Nov 15, 2007 (LBO) – A Sri Lankan junior cabinet minister Thursday lashed out at an opposition party lawmaker who joined the government, revealing more cracks in the ruling coalition ahead of a crucial budget vote next week. Minister of Justice Dilan Perera, a so-called ‘non-cabinet’ minister in President Mahinda Rajapakse’s jumbo cabinet said he […]
Impractical to peg Hong Kong dollar to yuan: monetary authority
WASHINGTON, Nov 14, 2007 (AFP) – Hong Kong’s de facto central bank on Wednesday dismissed suggestions that the Hong Kong dollar, which is at present pegged to the US dollar, be repegged to the Chinese yuan currency. It is impractical and does not make economic sense, Eddie Yue, the deputy chief executive of the Hong […]
‘s rebel league
NEW DELHI, Nov 14, 2007 (AFP) – Former Test captains Brian Lara and Inzamam-ul Haq were on Wednesday confirmed to play in India’s rebel Twenty20 league following a goof-up over players’ lists.The names of Lara and Inzamam, touted as star attractions of the Indian Cricket League (ICL), were missing when the six teams for the […]
Drunk Briton fined for Singapore air rage
SINGAPORE, Nov 15, 2007 (AFP) – A British man was fined 3,472 US dollars in a Singapore court after he pleaded guilty to abusive behaviour during a flight from London, a court official said Thursday. Gareth Gaudion admitted in court Wednesday that he was drunk and abused the Singapore Airlines crew during the November 2 […]