Author: lbostgadmin
Sri Lanka had low inflation only with fiscal discipline: minister
July 07, 2007 (LBO) – The state was not in a position to control prices of imported goods and price levels can only be stabilized by stopping money printing and limiting government expenses, Sri Lanka’s consumer affairs minister said. Consumer affairs minister Bandula Gunewardene said tight monetary policy by the central bank had already brought […]
Sri Lanka says military kills three rebels
July 7, 2007 (AFP) – Sri Lankan troops have killed three suspected Tamil Tiger rebels in the island’s embattled north and east, the defence ministry said on Saturday.More than 60,000 people have been killed since the conflict erupted in 1972.Two Tamil Tiger rebels were killed in northern Vavuniya district on Friday during clashes with government […]
Sri Lanka says 19 killed in attacks
July 7, 2007 (AFP) – Fifteen Tamil Tiger rebels were shot dead as they fled from troops on tractors, the Sri Lankan government said on Saturday, while four people were killed elsewhere in the embattled island.More than 60,000 people have been killed since the conflict erupted in 1972.The number of dead in violence on Friday […]
Sri Lanka names Twenty20 squad
July 7, 2007 (AFP) – Sri Lanka on Saturday named a 30-man preliminary squad for the inaugural Twenty20 world championships in South Africa in September. Sri Lankan squad: Mahela Jayawardene, Kumar Sangakkara, Dilruwan Perera, Upul Tharanga, Sanath Jayasuriya, Avishka Gunawardene, Mahela Udawatte, Tillakaratne Dilshan, Chamara Kapugedera, Michael Vandort, Jehan Mubarak, Thilina Kandamby, Chamara Silva, Farveez […]
”: Boeing
SEATTLE, Washington, July 6, 2007 (AFP) – The revolutionary materials used to build Boeing’s ground-breaking Dreamliner 787 passenger jet look set to transform the civil aviation industry forever, officials said Friday. Speaking to journalists ahead of the 787’s formal roll-out on Sunday, Boeing officials declared that the composite plastics that make up around 50 percent […]
Indian baby girl rescued after being buried alive
HYDERABAD, India, July 7, 2007 (AFP) – A baby girl buried alive by her grandfather in southern India was in good condition on Saturday after being rescued, hospital officials said. The child’s grandfather and mother have been arrested for attempted murder following the baby’s rescue in Mahbubnagar district, 160 kilometres (100 miles) south of Hyderabad, […]
English Penalty
July 07, 2007 (LBO) – Sri Lanka’s television industry aimed at English speakers have sought relief after a penal tax brought by Sinhala teledrama artistes threatened to put them out of business, officials said. The government had collected 160 million rupees and the money has been put in treasury bills Yapa said while a decision […]
Sri Lankan apparel to get wider access to Indian market
July 06, 2007 (LBO) – India has agreed to lift restrictions relating to fabric origins on duty free Sri Lankan apparel exports to the sub-continent market in the latest trade talks between the two neighbours, a senior official said. “Now apparel exporters to India can source their fabric requirements from anywhere,” Manel de Silva, Director-General […]
‘t Open
July 06, 2007 (LBO) – Opening up Sri Lanka’s electricity sector to foreign competition under international free trade rules that are being negotiated could be dangerous, a senior engineer has warned. Commitments Sri Lanka might make under the General Agreement on Trade in Services (GATS), a multinational agreement covering trade in services, could be irrevocable, […]
Bangladesh go down fighting as Sri Lanka clinch series
July 5, 2007 (AFP) – Sri Lanka saw off a record stand between two young Bangladesh batsmen to win the second cricket Test by an innings and 90 runs with two days to spare on Thursday. Bangladesh, trailing by 389 runs in the first innings, were bowled out for 299 in the final session of […]
‘t buy cars so fast, pleads Chinese mayor
BEIJING, July 6, 2007 (AFP) – The mayor of one of China’s showpiece economic cities has urged his 11 million residents to stop buying cars in a bid to ease worsening traffic and pollution woes, state media reported Friday. The booming southern city of Shenzhen, just across from the border from Hong Kong, now has […]
Tobacco giant tries research trick in Asia
SEOUL, July 6, 2007 (AFP) – South Korean health campaigners Friday criticised three university hospitals for accepting more than one million dollars from a US tobacco giant for research into smoking. “I don’t think my research will be used by the tobacco company to boost sales. I believe anti-smoking groups are protesting my research because […]