Author: lbostgadmin
Power Score
March 23, 2007 (LBO) – Sri Lanka’s power utility has got all its troublesome thermal generators on line a top official said, in a week that saw the highest energy generated in a single day as Sri Lankans watched their cricket team thrash Bangladesh. The flow is needed to keep sea water out of the […]
Sri Lanka troops kill 13 rebels: military
COLOMBO, March 23, 2007 (AFP) – Sri Lankan troops shot dead at least 13 Tamil Tiger rebels who tried to attack military positions in the island’s north, the defence ministry said Friday. More than 4,000 people have been killed in a new wave of fighting in Sri Lanka since December 2005. The violence comes despite […]
Sri Lanka battle lines shift, toll hits 37
COLOMBO, March 23, 2007 (AFP) – Sri Lankan troops advanced into an area held by the Tamil Tiger rebels, shifting the battle lines to the island’s north, the military said Friday, as they announced they had killed 13 rebels. Heavily armed soldiers “neutralised” a threat from the Tiger guerrillas on the de facto border with […]
New Zealand overpower Canada with record score
GROS ISLET, St Lucia, March 22, 2007 (AFP) – Lou Vincent found his form after two noughts with a hundred as New Zealand made it three World Cup wins out of three in Group C with a 114-run success against Canada at the Beausejour Cricket Ground here Thursday.Vincent’s 101 was the centrepiece of New Zealand’s […]
Pakistan cricket coach strangled: police
KINGSTON, March 22, 2007 (AFP) – Pakistan cricket coach Bob Woolmer was murdered, a police spokesman said here Thursday. “The Jamaican police are now in possession of the official postmortem report from the government pathologist, who conducted autopsy on the late Mr. Woolmer,” said Karl Angell, director of communications for Jamaican police. “The pathologist report […]
Bleached-blond Malinga having slinging time
PORT OF SPAIN, Trinidad, March 23, 2007 (AFP) – There’s more to Sri Lankan paceman Lasith Malinga than his low-slung round-arm action and bleached-blond hairstyle. What matters for his team is that he’s taking wickets and winning matches for them.The fast bowler with the deceptive action, unkempt hair and silver eyebrow ring played a big […]
Sri Lanka to field jumbo cricket delegation: report
March 23, 2007 (AFP) – Sri Lankan cricket authorities came under fire Friday for fielding a delegation of officials that is set to outnumber the national team at the sport’s World cup showcase in the Caribbean. Sri Lanka, one of the pre-tournament favourites, are virtually assured of their place in the next round. The state-run […]
Study Group
March 23, 2007 (LBO) – A four-member committee has been appointed to study the proposed sale of Sri Lanka Telecom shares held by Japan’s NTT to a Malaysian firm, a cabinet minister said. Sri Lanka Telecom closed up 50 cents at 38.50 Friday. “The committee will have to study it and report back to the […]
Beyond Accounting
March 23, 2007 (LBO) – Though larger businesses in Sri Lanka are engaging in sustainability reporting, smaller firms are still lagging behind, organizers of a competition said. The ACCA expect the number of competitors to increase in the coming years. The Association of Chartered Certified Accountants (ACCA) says the top 100 companies in Sri Lanka […]
Moving Target
March 23, 2007 (LBO) – Singer Sri Lanka’s finance company arm has seen rapid growth in 2006 with the firm moving heavily into vehicle financing Fitch Ratings said, confirming its BBB (lka) rating with a stable outlook. “Singer Finance (SF) grew its loan book rapidly from 96.3 million rupees in 2005 to 454 million rupees […]
Sri Lanka and India in trade talks in Colombo next week
March 22 (LBO) – Sri Lanka and India will hold another round of trade talks in Colombo next week on liberalizing professional services, investments and trade in goods. The talks on a Comprehensive Economic Partnership Agreement or CEPA, has been ongoing for three years, to widen trade to include areas like professional services. The two […]
Sri Lanka troops in clearing operations after fighting
COLOMBO, March 22, 2007 (AFP) – Sri Lankan troops were engaged in clearing operations on Thursday, the day after simultaneous Tamil Tiger guerrilla attacks left at least 20 people dead and dozens more wounded, officials said. Fighting on Wednesday in the eastern district of Batticaloa and Muhamalai in the north of the war-torn island claimed […]