Author: lbostgadmin
Cricket: Maharoof bowls Sri Lanka to victory
DAMBULLA, Sri Lanka, Oct 1, 2007 (AFP) – Farveez Maharoof grabbed four big wickets as Sri Lanka posted an emphatic 119-run victory over England in the opening one-day international here on Monday. The seamer dismissed Kevin Pietersen, Ian Bell and debutant Phil Mustard in his opening four overs as England were bowled out for 150 […]
Sri Lanka Union Bank get capital from Arabian prince
Oct 01, 2007 (LBO) – Union Bank has got a 420 million rupee capital infusion from Saudi Arabia that will help it meet new Sri Lankan Central Bank regulations for capital by the end of 2009. Prince Faisal Al Faisal, the grandson of King Faisal of Saudi, placed the investment in the last week of […]
US corners 42 percent of world arms market
WASHINGTON, Oct 1, 2007 (AFP) – The United States reaffirmed last year its leadership in world arms trade, cornering nearly 42 percent of the market as the wars in Iraq and Afghanistan prompted a weapons shopping spree among neighboring nations, according to a congressional report set to be released Monday. But the overall volume of […]
‘s inflation 2.1 percent in September
BANGKOK, Oct 1, 2007 (AFP) – Thailand’s inflation rate in September rose to 2.1 percent year-on-year due to a spike in food prices and rising fuel prices, the Commerce Ministry said Monday. Thailand’s economy is expected to grow just over four percent in 2007, ranking among the lowest in Southeast Asia. The September figure was […]
FBI helping probe Maldives blast: United Sates
Oct 01, 2007 (LBO) – The Federal Bureau of Investigation (FBI) is helping Maldives probe a blast in the capital that injured 12 tourists Saturday, the US embassy in Colombo said Monday. The embassy said it was “shocked and saddened” to learn of the incident. “We condemn without reservation this senseless act of violence,” the […]
Maldives arrest foreign nationals over blast
Oct 1, 2007 (AFP) – The Maldives has arrested 10 suspects and is seeking outside help to investigate a bombing that wounded 12 foreign tourists in the first such attack on the holiday paradise, officials said Monday. The country appeared to have been largely spared religious fundamentalism although political tensions have flared periodically since an […]
‘s Hoole, Sritharan win Swiss human rights prize
Burundi cop, Sri Lanka professors win Swiss human rights prize GENEVA, Oct 1, 2007 (AFP) – A policeman from the central African country of Burundi and two university professors from Sri Lanka have been named as the top human rights defenders for 2007 by a Swiss-based rights group. Pierre Claver Mbonimpa, a former policeman turned […]
” aviation project
Oct 01, 2007 (LBO) – Sri Lanka is planning to revive an initiative to encourage civil aviation and aerial sports in the island after security restrictions resulting from an internal conflict all but killed the industry. Likewise, he added, hang gliders can fly at a top speed of 30 miles an hour and not higher […]
Split Profits
KUALA LUMPUR, Oct 1, 2007 (AFP) – Telecommunications giant Telekom Malaysia on Monday saw its share price jump by 11.3 percent in morning trade after the company announced a plan to split its mobile and fixed-line business. At 11:45 am (0345 GMT), Telekom Malaysia shares rose 1.10 ringgit to 10.80 (3.18 dollars) on the Kuala […]
Open Season
Oct 01, 2007 (LBO) – The United States visa lottery for would-be immigrants will be opened on Wednesday, October 3, and participation is without any charge, the US embassy in the Sri Lankan capital Colombo said. Lottery winners will be notified between May and July, 2008 and have a one-year window in which they may […]
Sri Lankan tea brokers mull mechanisation
Oct 01, 2007 (LBO) – Sri Lanka’s tea brokers are considering mechanizing preparation of samples to speed up the work to handle ever increasing volumes. Brokers today prepare and distribute a million two once samples of tea a week for buyers to see and taste before deciding to bid at the Colombo auctions, the world’s […]
Health Injection
Oct 01, 2007 (LBO) – Aureos South Asia Fund (ASAF) has invested five million dollars in an Apollo hospital in Bangladesh, the South Asian focused investment fund said. The Bangladesh Taka 343 million injection goes to STS Holdings, which owns the Apollo Hospital in the country. The investment will boost STS Holdings’ plans for further […]