Author: lbostgadmin
Sri Lanka civil servants to get new cars at low prices
April 6, 2007 (AFP) – Sri Lanka is offering drastic customs duty cuts to help over 20,000 civil servants import new cars, the finance ministry said Friday. The move was to fulfil an election promise made in 2005. Senior public officials, including police and military personnel, with over five years of service will be entitled […]
Scenting Oil
April 6 (LBO) – The top official in charge of Sri Lanka’s search for oil has told the corporate sector to be ready to provide the support service and skills required by an offshore petroleum industry. Three of the eight remaining blocks will be opened for bidding this year, with the others following in a […]
US busts Asian network seeking arms for Tamil Tigers; Singapore man pleads guilty
WASHINGTON, April 5, 2007 (AFP) – US authorities said Thursday they had busted an arms-trafficking gang, arresting six Asians who had been trying to smuggle weapons from the United States to Tamil Tiger rebels.Singapore man Haniffa Bin Osman, 55, was the latest person to plead guilty in the investigation which saw undercover agents track the […]
Tigers, troops claim heavy damages after sea battle
COLOMBO, April 6, 2007 (AFP) – Sri Lanka’s navy and Tamil Tiger rebels fought a sea battle off the island’s northwestern coast on Friday with both claiming heavy losses for the other side.Naval patrol craft engaged five boats of the Liberation Tigers of Tamil Eelam (LTTE) off the coastal district of Puttalam and one was […]
Sri Lanka toast new bowling stars
ST JOHN’S, Antigua, April 5, 2007 (AFP) – On the eve of the World Cup, the talk was of Muttiah Muralitharan and Chaminda Vaas. Now the words on Sri Lankan lips are Dilhara Fernando and Lasith Malinga. The 27-year-old Fernando held his nerve on Wednesday to secure his team a heart-stopping two-run win over England […]
Leading World Cup wicket-takers
BRIDGETOWN, Barbados, April 6, 2007 (AFP) – Leading World Cup wicket-takers on Thursday, the first of two rest days in the second round Super Eights stage (player, country, matches, overs, runs, wkts, best bowling, average, economy rate, strike rate, four wicket innings, five wicket innings): S Malinga (SRI) 6 43.2 3 214 15 4/54 14.26 […]
Kiwis believe they can win the Cup, says McMillan
GEORGETOWN, Guyana, April 6, 2007 (AFP) – New Zealand are capable of winning the World Cup for the first time because they believe they can do it, middle-order batsman Craig McMillan has said. “Probably the key this time is that there is a real belief,” said McMillan, whose side have already posted five successive victories […]
” team cricketers
April 06, 2007 (LBO) — Sri Lanka plans to contract cricketers for the A team for the first time in the island’s history, to nurture talent for upcoming games and the national team, a senior official said Friday.“We want to give our promising players an incentive to concentrate on the game for a longer period […]
Herd Instinct
April 06, 2007 (LBO) – Sri Lanka’s accounting watchdog has gained membership of a global accounting regulatory forum, the regulator said in a statement. IFIAR with 22 members, focuses on improving audit quality in the institutions and the sustainability of good auditing strategies, the watchdog said. The Sri Lanka Accounting and Auditing Standards Monitoring Board […]
Fernando sees Sri Lanka to thrilling win over England
ST JOHN’S, Antigua, April 4, 2007 (AFP) – Dilhara Fernando took a wicket with the last ball of the match to seal a dramatic two-run win for Sri Lanka against England in their World Cup Super Eights clash at the Sir Vivian Richards Stadium here Wednesday. England, set 236 to win, finished on 233 for […]
Central Bank of Sri Lanka makes record profits from money printing, inflation and debauching its currency
April 05, 2007 (LBO) – Sri Lanka’s central bank posted a massive 27 billion rupee profit in 2006 as the economy inflated and the currency depreciated due to money printing, its latest accounts showed. It even sterilized the 2007 provisional advance to the treasury, though interest rates has since started to rise, indicating that Sri […]
Seven killed in Sri Lanka violence
COLOMBO, April 5, 2007 (AFP) – Suspected Tamil Tiger rebels shot dead four civilians in eastern Sri Lanka on Thursday, the defence ministry said, as the military reported killing three guerrillas. Liberation Tigers of Tamil Eelam (LTTE) gunmen opened fire on farmers in Polonnaruwa district as they travelled to sell their rice crops, the ministry […]