Author: lbostgadmin
Aussies work on bowling confidence ahead of World Cup
SYDNEY, Feb 26, 2007 (AFP) – Australia will gear their World Cup training sessions towards targeting star rival batsmen, coach John Buchanan said Monday, as alarming statistics reveal their bowling woes.Australia head to the World Cup in the Caribbean this week with figures showing that since the start of last year their bowlers have performed […]
Thirty people banned from World Cup entry
KINGSTON, Feb 26, 2007 (AFP) – Around 30 people so far have been denied entry to the Caribbean with two weeks to go before the official opening ceremony of the World Cup.Peter Phillips, Jamaica’s national security minister, who is leading the Caribbean community’s security programme for the cricket showpiece, said the measures were taken by […]
Sri Lanka to repeat 1996 World Cup-winning aggression
COLOMBO, Feb 26, 2007 (AFP) – Sri Lanka’s cricketers want to play aggressive cricket, like they did in 1996, to secure their second World Cup success, captain Mahela Jayawardene said Monday.“We have been playing a pretty exciting brand of cricket in the past couple of years, as our results have shown,” Jayawardene said ahead of […]
Indian chases world chili record
GUWAHATI, India, Feb 25, 2007 (AFP) – Spurred by a Guinness World Records nod to the local “ghost chili,” a woman from India’s northeast hopes to set a new record by eating a massive quantity of the world’s hottest pepper.Anandita Dutta Tamuly, a 26-year-old mother, is headed from Assam to London at the invitation of […]
Nissan joins 900 million dollar Indian car venture with Renault
CHENNAI, India, Feb 26, 2007 (AFP) – Japanese automaker Nissan on Monday tied up with French partner Renault’s Indian venture to build a 902 million dollar plant, joining a race with rivals Toyota and Honda for a slice of the South Asian nation’s expanding car market.For decades after independence India’s roads were dominated by two […]
Clean Sweep
Feb 26 (LBO) – Sri Lanka’s trade ministry is looking at appointing a liquidator to close a state trading firm that went bankrupt in a failed privatization attempt, an official said. Sathosa Retail, incorporated to take-over the supermarket operations of the Co-operative Wholesale Establishment (CWE) is estimated to owe more than 800 million rupees to […]
On Record
February 26 (LBO) – South Korean electronics firm Samsung hopes to double business in Sri Lanka this year, fighting for a bigger slice of the island™s television market. We are confident of achieving an over 100 percent jump in our business in Sri Lanka this year, Ravinder Zutshi, Deputy Managing Director of Samsung India Electronics […]
Malaysia woos Lankan tourists with anniversary bash
February 26 (LBO) – Malaysia will celebrate 50 years of independence in August this year and is hoping the revelry, travel deals and discounts will entice more Sri Lankans to visit. Last year the island attracted 559,603 tourists, a small increase on the 549,308 in 2005 and well below tourism ministry expectations of 600,000 tourists. […]
‘s Sampath to raise 250 million rupees of 5-year money
February 26 (LBO) – Sampath bank is raising 250 million rupees through a privately placed debenture to boost its tier two capital, the bank said. It has a 30.8 percent stake in Lankabangala Finance, a Bangladeshi non-bank institution engaged in leasing and credit cards. It also has a 24.6 percent stake in Union Bank of […]
Sri Lanka troops take more rebel bases after fresh offensive
COLOMBO, Feb 25, 2007 (AFP) – Sri Lankan troops seized at least four bases from Tamil Tiger strongholds in the northeast in the past week, the defence ministry said Sunday, in fighting that has forced thousands to flee.The LTTE has not commented on the military’s claim, but on Thursday night announced they were relaunching their […]
Last rites read over peace process in Sri Lanka
Feb 25, 2007 (AFP) – As thousands flee for their lives amid heavy weekend artillery fire in northern and eastern Sri Lanka, analysts say the government, Tamil rebels and Norway are clinging to a truce that is dead.The Oslo-backed peace process suffered yet another blow last week when the rebels vowed to resume their campaign […]
Zimbabwe asked to stop money printing by IMF as Sri Lanka trail 1600:20
February, 24 (LBO) – The International Monetary Fund (IMF) has asked Zimbabwe not to print money and called for fundamental policy changes to stabilize its economy as inflation hit 1,600 percent in January, echoing advice given to Sri Lanka not so long ago. But Sri Lanka is trailing way behind Zimbabwe with inflation at only […]