Author: lbostgadmin
Blocked Call
June 14, 2007 (LBO) – Sri Lanka’s highest court halted the sale of shares of the country’s largest fixed access operator to a Malaysian firm Thursday, after a lawmaker filed suit against the deal. Sri Lanka Telecom slid 1.50 to close at 37.00 on Thursday. Japan’s NTT which holds a 35.2 percent stake in Sri […]
Sri Lanka tea strike prunes profits at Maskeliya Plantations
June 14, 2007 (LBO) – Sri Lanka’s Maskeliya Plantations, which produces some of the island’s best high grown teas, has reported a sharp fall in profits following a strike last year. Profit after tax fell 91 percent to 11.3 million rupees in the financial year ended March 31, 2007 from 138 million rupees the year […]
Sri Lanka economy slows in first quarter as expansionary stimulus wears off
June 13, 2007 (LBO) – Sri Lanka’s economy slowed sharply to 6.1 percent in the first quarter of 2007 from 7.9 percent last year, as the conflict began to take its toll and the effects of an expansionary stimulus wore off. The government’s statistics office said this compared with gross domestic product (GDP) growth of […]
Sri Lankan defence official slams West over rights outcry
COLOMBO, June 13, 2007 (AFP) – Sri Lanka’s top defence official has accused Western nations of bullying his government over human rights and defended the eviction of ethnic Tamils from the capital, a report said Wednesday.Defence Secretary Gotabhaya Rajapakse also rejected warnings from Britain that the former colony risked international isolation over the deteriorating rights […]
Wrong List
WASHINGTON, June 12, 2007 (AFP) – US Middle East allies Bahrain, Kuwait, Oman and Qatar, as well as key trading partner Malaysia were added Tuesday to a Washington blacklist of countries trafficking in people.Algeria and Guinea were the other additions to the blacklist of the US State Department’s annual “Trafficking in Persons Report,” which analyzed […]
Power Blast
June 12, 2007 (LBO) – A blast ripped through a vital high voltage electricity transmission line in a suburb of Sri Lanka’s capital Colombo, but it failed to disrupt power supplies, officials and police said. It was not known who carried out the latest attack, but Sri Lanka’s Tamil Tiger guerillas had earlier bombed a […]
Close Shave
June 12, 2007 (AFP) – Tamil Tiger saboteurs came close to cutting off a large chunk of Sri Lanka’s electricity supply Tuesday by skirting tight security and setting off a bomb against a key power line, officials said.The device, which was rigged to a timer, was attached to a steel pylon located between a key […]
No lifting of Tiger ban but human rights in Sri Lanka must be respected by all parties: UK minister
June 12, 2007 (LBO) – Britain’s minister for the Foreign and Commonwealth Office Kim Howells says his country will not lift the ban on the Tamil Tigers, and has called on both sides to the conflict to respect human rights. Dr Kim Howells MP Minister of State Foreign and Commonwealth Office June 12 2007 Howells […]
Sri Lanka to study critical rights report
June 12, 2007 (AFP) – Sri Lanka’s president has called for “careful study” of a critical report that said the island is failing to investigate grave human rights abuses, a spokesman said Tuesday. President Mahinda Rajapakse was speaking after an international panel said a commission appointed to investigate 16 high profile cases, involving murder and […]
‘s chosen coach turns the offer down stays at home
LONDON, June 11, 2007 (AFP) – Graham Ford has snubbed an offer to become India’s new coach in favour of staying on in his current role as director of cricket at English county Kent. The South African’s decision, announced on Monday, will come as a major blow to Indian cricket chiefs who believed they had […]
Woolmer died of natural causes: Jamaican police
MONTEGO BAY, Jamaica, June 12, 2007 (AFP) – Former Pakistan cricket coach Bob Woolmer was not murdered but died of natural causes, Jamaican police said in a bombshell announcement Tuesday nearly three months after his death during the World Cup tournament.After first treating Woolmer’s death by asphyxiation as homicide, sparking feverish speculation about the malign […]
” after Ford disappointment
NEW DELHI, June 12, 2007 (AFP) – India’s cricket chiefs on Tuesday appointed former player Chandu Borde the manager-cum coach of the national team for the upcoming tours of Ireland, Scotland and England. The veteran, who turns 73 next month, was given charge of Rahul Dravid’s side a day after South African Graham Ford turned […]