Author: lbostgadmin
Please Hurry
July 9, 2007 (LBO) – A Hong Kong based rights body has offered to foot a part of the legal fees to appeal the case of a young Sri Lankan girl condemned to death in Saudi Arabia with time rapidly running out to appeal her case. The Asian Human Rights Commission is urging the Sri […]
Bug Fighting
July 9, 2007 (LBO) – The United States has given Sri Lanka protective gear, test and decontamination kits to combat an outbreak of bird flu, the US embassy in Colombo said.Sri Lanka government’s Department of Animal Production and Health had received 4,500 suits of personal protection equipment, 1,500 rapid test kits, and 40 decontamination kits […]
Sri Lanka to tighten controls on tea imports
July 09, 2007 (LBO) – Sri Lanka’s Tea Board plans to double the import duty on foreign-made teas and introduce quality certification for imports to prevent illicit blending with Ceylon Tea. . Officials say this is aimed at safeguarding the image of pure Ceylon Tea. Under the new rules, to be gazetted soon, the import […]
Risk Capital
July 09, 2007 (LBO) – At a time when the banking system is moving towards Basle II system, Sri Lanka’s insurance industry could benefit from the risk based capital (RBC) model, an international insurance professional has said. LBO: When you bring in something like RBC does it give you more flexibility to the industry? Webber: […]
Sri Lanka Tamil Tigers say two killed in clash with navy
July 8, 2007 (AFP) – Tamil Tiger rebels said Sunday they lost two fighters during a three-hour sea battle with the Sri Lankan Navy off the island’s eastern coast.The statement came after the defence ministry said three rebels were shot dead by naval troops in the nearby eastern coastal town of Trincomalee on Saturday. “Three […]
‘s international airport
COLOMBO, July 8, 2007 (AFP) – A blast was heard near Sri Lanka’s only international airport Sunday, residents said.Police said they were investigating an “incident” inside the military air base, which shares a runway with the Bandaranaike international airport. No further details were immediately available. Tamil Tiger rebels have carried out attacks against the military […]
Jet fighter canon injures four at Sri Lanka air base
July 8, 2007 (AFP) – Four airmen were seriously injured Sunday after a canon was activated on a jet fighter near the island’s only international airport, officials said.Tiger rebels have carried out attacks against the military base as well as the civilian airport, located just north of the capital Colombo. The war plane was being […]
” Wonders of the World named amid controversy
LISBON, July 8, 2007 (AFP) – Seven “new” wonders of the world including the Great Wall of China and the Coliseum in Rome, selected by nearly 100 million voters and upsetting cultural experts, were announced late Saturday at a celebrity-studded televised ceremony in the Portuguese capital. The others are the Taj Mahal in India, the […]
”’ prepares to defend his crown
NEW DELHI, July 8, 2007 (AFP) – Kishore Biyani, known as India’s “King of Retail”, is spending the weekend his favourite way: trawling the aisles of one of his Big Bazaar supermarkets, eyeing what customers are loading up on.“Modern (chain store) retail makes up about eight percent of total retail in India and is expected […]
After Dark
July 8, 2007 (AFP) – Dubai’s Emirates Airline said Sunday that night flights to Sri Lanka will resume after the end of a curfew in response to Tamil rebel air raids, but other carriers have not followed suit.The rebels, who are fighting for an independent homeland for the tropical island’s minority ethnic Tamils, have bombed […]
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 […]