Author: lbostgadmin
Cyber Crime
May 08, 2007 (LBO) – Sri Lanka on Tuesday enacted the Computer Crimes Bill introducing legislation which gives more power to law enforcement agencies when fighting computer crimes, the government ICT agency said. “The Basis of the Computer Crimes Bill is to criminalise attempts at unauthorised access to a computer, computer programme, data or information,” […]
Getting Warm
May 8, 2007 (LBO) – Sri Lanka’s advertising fraternity is kicking off a week long fest in the run up to the Sri Lanka Advertising Awards, the Chillies 2007, its organizers said. It would be held under the theme ˜Insightful Insights™, followed by a party at H20. To be held on May 12 at the […]
Big and Small
May 7, 2007 (LBO) – A local bank and an international micro-finance specialist have tied up with the world’s largest bank to widen banking access to local micro enterprises, officials said Monday. Citigroup Foundation with the Foundation for Development Co-operation (FDC) and Banking with a Poor Network (BWTP) is helping micro-finance organizations build links with […]
Bailout Probe
May 08, 2007 (LBO) — Sri Lanka has appointed a special presidential commission to probe finance companies that went bust in the past, after the country’s top whistle-blower found fault with monetary authorities for not recovering large amounts due to the state. Sri Lankan President Mahinda Rajapakse has picked justice Priyantha Perera to head the […]
Hatton Profits
May 08, 2007 (LBO) – Hatton National Bank’s group net profit grew 33 percent to 344 million rupees with a strong 46 percent growth in foreign exchange earnings bringing in 246 million rupees, its March quarter accounts released Tuesday showed. The interest income grew to 5.7 billion rupees from 4.2 billion. At bank level, net […]
Billion Mark
May 08, 2007 (LBO) – Commercial Bank has reported group net profit growth of 37 percent to 1,028.8 million rupees for the first quarter ended March, with revenue rising 41 percent to 7,461.1 million rupees. In results released to the Colombo Stock Exchange, the bank said the profit gain was helped by a deferred taxation […]
‘s northeast
May 6, 2007 (AFP) – Tamil Tiger rebels and government forces were locked in combat in Sri Lanka’s northeast Sunday with both sides claiming heavy losses against each other. A landmine detonated by Tamil Tigers killed three police commandos in eastern Sri Lanka on Sunday, the defence ministry said. The Liberation Tigers of Tamil Eelam […]
Sri Lanka war planes hit Tigers as heavy fighting rages
May 7, 2007 (AFP) – Sri Lankan war planes Monday bombed suspected Tamil Tiger positions in the island’s north where heavy ground battles were raging, a military spokesman said.Supersonic jets hit positions near Iranamadu where the rebel Liberation Tigers of Tamil Eelam (LTTE) maintain a clandestine airfield, spokesman Prasad Samarasinghe said. He said a Tiger […]
Sri Lanka to re-look at truce with Tamil Tigers
May 7, 2007 (AFP) – Sri Lanka was ready to negotiate a fresh ceasefire with Tamil Tiger rebels as the Norwegian-brokered truce had virtually collapsed, a government minister said Monday. Defence ministry spokesman Keheliya Rambukwella said the ceasefire arranged and put in place by Norway from February 2002 had been violated more than 10,000 times […]
Sri Lanka accuses UN of trying to shield Tamil Tigers
May 07, 2007 (LBO) – Sri Lanka Monday accused a United Nations agency of trying to shield what it called the ‘criminal acts’ of the Tamil Tigers by not reporting two of its staffers had been abducted by the guerrillas. Minister of Foreign Affairs Rohitha Bogollagama said in a statement the government was concerned by […]
‘s ball-in-glove ploy
May 7, 2007 (AFP) – Sri Lanka believes Adam Gilchrist’s use of a squash ball as a batting aid in the World Cup final was “unethical” and may take the matter up with world cricket chiefs, officials said Monday Gilchrist, whose record-breaking 149 led Australia to their fourth title, said later that he had a […]
India seek World Cup revenge in Bangladesh
DHAKA, May 7, 2007 (AFP) – New-look India flew into Bangladesh on Monday hoping to revive the team’s shattered cricketing fortunes and avenge the disastrous defeat that sent them tumbling out of the World Cup.No other result has caused such upheaval in Indian cricket as Bangladesh’s stunning five-wicket World Cup win that knocked Rahul Dravid’s […]