Author: lbostgadmin
Robot Watchdog
April 26, 2007 (LBO) – Securities and Exchange Commission of Sri Lanka (SEC) is considering introducing computerized surveillance systems to monitor stock market activity and detect abuses as trading volumes get bigger. The SEC is looking at a few systems by vendors here and in India, including the National Stock Exchange, de Silva said. We’re […]
Micro Finance
April 26, 2007 (LBO) – Islamic Financier Amana Investments Limited has introduced a new microfinance scheme for micro-entrepreneurs who cannot afford conventional banking. The company has joined hands with Muslim Aid, a UK-based NGO that will help provide skills training to entrepreneurs. We target small entrepreneurs who cannot access banking and uplift them to a […]
Port Funds
April 25, 2007 (LBO) –The Asian Development Bank (ADB) Wednesday inked a deal with the Sri Lanka government to lend 300 million dollars to expand Colombo port that it said would help keep Sri Lanka’s shipping costs down. Finance Ministry secretary P.B. Jayasundera said the government will chip in with 180 million dollars, and expects […]
Sri Lanka president to attend World Cup
April 25, 2007 (AFP) – Sri Lankan President Mahinda Rajapakse will fly to Barbados to cheer the national team in the cricket World Cup final later this week, a senior aide said on Wednesday. “It is almost certain that the president will leave on Thursday at the invitation of the Prime Minister of Barbados,” said […]
Sri Lanka vows to destroy Tiger planes
COLOMBO, April 25, 2007 (AFP) – Sri Lanka Wednesday vowed to destroy the Tamil Tigers’ air capability, a day after the guerrillas killed six soldiers and wounded 13 in a bombing of a key military base.The Sri Lankan air force said that the Liberation Tigers of Tamil Eelam (LTTE) had used a single aircraft to […]
Mexico, Sri Lanka, Pakistan and Afghanistan lead war on journalism: watchdog
VIENNA, April 25, 2007 (AFP) – A media watchdog on Wednesday described 2006 as the “most savage and brutal” year on record for journalists with 100 media professionals killed across the world. It was a “war on journalism,” said Johann Fritz, director of the International Press Institute. “With 100 journalists killed, 2006 was the most […]
Sri Lanka vs New Zealand scoreboard
KINGSTON, Jamaica, April 24, 2007 (AFP) – Sri Lanka captain Mahela Jayawardene led from the front with a maiden World Cup hundred in Tuesday’s semi-final against New Zealand here at Sabina Park.Umpires: Rudi Koertzen (RSA) and Simon Taufel (AUS) TV umpire: Daryl Harper (AUS) Match referee: Mike Procter (RSA) Reserve umpire: Asad Rauf (PAK) KINGSTON, […]
‘s Tharanga answers critics with 73 knock
KINGSTON, Jamaica, April 24, 2007 (AFP) – Upul Tharanga, who was in danger of being dropped for Sri Lanka’s World Cup semi-final against New Zealand, answered his critics in style with a fighting 73 in his team’s total of 289-5.“It was difficult to play shots as the ball got older. You have to wait for […]
Sri Lanka enters Cricket World Cup final beating New Zealand by 81 runs
KINGSTON, Jamaica, April 24, 2007 (AFP) – Sri Lanka captain Mahela Jayawardene led his side into the World Cup final with a maiden tournament hundred as the 1996 champions beat New Zealand by 81 runs at Sabina Park on Tuesday. Jayawardene’s 115 not out was the centrepiece of an imposing total of 289 for five […]
Sri Lanka skipper praises Moody push
KINGSTON, April 25, 2007 (AFP) – Sri Lanka captain Mahela Jayawardene thanked coach Tom Moody for pushing him and the team to their limits after his century steered them into the World Cup final.“The ’96 group changed the course of Sri Lankan cricket completely and those guys cleared the way for us to achieve higher […]
Fleming resigns as New Zealand one-day skipper
KINGSTON, Jamaica, April 24, 2007 (AFP) – New Zealand’s Stephen Fleming announced his resignation as captain of his country’s one-day team after the 81-run defeat by Sri Lanka in the World Cup semi-finals here on Tuesday.But Fleming said he wants to continue playing in the side and stay in charge of the Test team. The […]
We were outclassed, says Fleming
KINGSTON, Jamaica, April 24, 2007 (AFP) – New Zealand captain Stephen Fleming admitted his side had been completely outclassed by Sri Lanka after the Asian side cruised into the World Cup final on Tuesday.Sri Lanka, riding on the back of an unbeaten 115 by skipper Mahela Jayawardene, wrapped up an 81-run win and will now […]