Author: lbostgadmin
Human Attempt
July 16, 2007 (LBO) – Lawyers hired to file an appeal for the condemned Sri Lankan teenager Rizana Nafeek in Saudi Arabia have met the girl and started proceedings, the rights body that raised funds to fight her case said Monday. The Asian Human Rights Commission (AHRC) said representatives of the legal firm Kateb Fahad […]
Better Care
July 16, 2007 (LBO) –Asiri Hospitals group posted a 312.7 million rupee after tax profit for the year ending in March 31, 2007, up almost by half, despite the depreciation of the Sri Lanka rupee that increased the price of imported medical supplies and material. Another 17 percent is held by Softlogic Holdings, an electronics […]
Sri Lanka money rates up, equities quiet Monday
July 16, 2007 (LBO) – Sri Lanka interbank call rates spiked to 20 percent Monday and the rupee was steady with state names offering spot dollars at 111.75 rupees, dealers said. On Friday the rupee closed at 111.75/80 to the dollar. The proposals to choose lead managers for a 400 million dollar government bond offering […]
‘s lagging growth blamed on leftists, beggar mentality, big government: poll
July 15, 2007 (LBO) – Thirty years after Sri Lanka started to open its economy, a poll by an influential weekly has shown overwhelming approval for liberalization, with some saying reforms were not deep enough in areas like education. Respondents to the Sunday Times poll said while private sector workers had to work long hours […]
Four shot dead after heavy Sri Lanka fighting
July 15, 2007 (AFP) – Four civilians were bound and shot dead execution-style in northern Sri Lanka near the scene of heavy battles between troops and Tamil rebels, a police official said Sunday.The bodies of the four were discovered Sunday shot in the head and with their hands tied behind their backs in Vavuniya district, […]
‘s 700-wicket Murali aims for 1,000
KANDY, Sri Lanka, July 14, 2007 (AFP) – Prolific Muttiah Muralitharan has set his eyes on taking 1,000 Test wickets after becoming only the second bowler in history to reach the 700-mark on Saturday. The Sri Lankan off-spinner achieved the landmark with the last ball of the third and final Test against Bangladesh here that […]
Bangladesh to donate Buddha hair relic to Sri Lanka
DHAKA, July 15, 2007 (AFP) – The small Buddhist community in Bangladesh plans to donate a few strands of a lock of hair said to have come from the Buddha to Sri Lanka as a goodwill gesture, officials said Sunday. Three cabinet ministers from majority-Buddhist Sri Lanka along with religious leaders are scheduled to arrive […]
Sri Lanka tourist arrivals plunge 30 percent in June
July 15, 2007 (AFP) – Tourist arrivals to Sri Lanka plunged 30 percent in June compared to a year ago as fighting escalated in the country’s bitter ethnic war, the tourism board said Sunday. The rebels have been fighting for a separate homeland for minority Tamil and the conflict has claimed more than 60,000 lives […]
Credit Enhancement
July 15, 2007 (LBO) – A US government agency is giving credit guarantees to small Sri Lankan businesses to increase their access to loans from a specialized leasing firm, the US embassy in Colombo said. The guarantee would be given for up to 3 million US dollars (330 million Sri Lanka rupees) of money lent […]
Sri Lanka, ILO to probe use of child labour in agriculture
July 14, 2007 (LBO) – Sri Lanka’s Labour Ministry has sought the help of the International Labour Organization to do a survey to find out if the country’s agriculture sector uses child labour. They are today the most vulnerable of the farming and fishing communities and their rights to a decent and dignified childhood free […]
Heavy fighting erupts in Sri Lanka
July 14, 2007 (AFP) – Sri Lankan troops used war planes and long-range weapons to attack suspected Tamil Tiger positions as fresh fighting broke out early Saturday, the defence ministry said.Fighter jets pounded suspected Liberation Tigers of Tamil Eelam (LTTE) locations in the north of the island, where heavy artillery duels killed at least one […]