Author: lbostgadmin
Sri Lanka fills monetary board vacancy
July 13, 2006 (LBO) – Upali Group chairman Nimal Welgama, has been appointed to the Monetary Board, the Central Bank of Sri Lanka said Thursday. Welgama has been appointed by the President with effect from July 3. His term of office will be for the remaining period of office of P D Rodrigo, appointed member […]
Southern Tip
July 13, 2006 (LBO) – Emirates based Star Petro Energy LLC, has secured Sri Lankan government consent to build the country’s second oil refinery in the south of the island, the government said Thursday. Built at a cost of around 1.5 billion dollars, the refinery’s entire output will be shipped to overseas markets, Media Minister […]
New Lease
July 13, 2006 (LBO) – Ceylon Petroleum Corporation has temporarily shelved plans to get back into the gas business, extending a five year agreement with Laugfs Gas that ends in October this year. The two sides have been in talks, with the supply agreement to be extended by another two years from October, a top […]
Sri Lanka orders security for ailing Tiger spokesman
July 13, 2006 (AFP) – Sri Lanka’s president ordered protection for a Tiger rebel official undergoing medical treatment in Colombo despite severely strained relations between the two sides, a senior minister said Thursday.Media Minister Anura Yapa said President Mahinda Rajapakse had agreed to provide escorts to the Tamil Tiger media coordinator after he was brought […]
Sri Lanka President orders cricket elections to be put off
July 13, 2006 (AFP) – Sri Lanka’s President Mahinda Rajapakse has ordered that elections to the country’s cricket body be cancelled and asked former players to run the game, the sports minister said on Thursday. Rajapakse intervened to end bitter infighting in Sri Lanka Cricket (SLC) after a meeting with 11 former cricketers, including World […]
Bottled water in meaty flavours? Dogs lap it up
SYDNEY, July 13, 2006 (AFP) – Cool bottled water in three delicious flavours — beef, chicken and bacon. Not tempted? Your dog will be. An Australian man has taken pooch-pampering to the next level with the launch of Aqua Dog. With one canine for every five Australians, the country has one of the world’s highest […]
Bowling Wide
July 13, 2006 (LBO) – The controversial marketing firm GoldQuest has gone to the Court of Appeal in Sri Lanka asking for an opportunity to explain its position to the country’s central bank. They also asked court to direct the Central Bank to determine if GoldQuest’s marketing plan is against Sri Lanka’s Banking Laws, following […]
Island TV
July 13, 2006 (LBO) – A new Sri Lankan satellite channel took wing Thursday, with plans to tap into a captive market of customers who lost out to the recent shut down of local cable operators. The first test transmission is to take place before the end of July, after which it will be rolled […]
Asian civilians increasingly at risk from bombings: analysts
SINGAPORE, July 12, 2006 (AFP) – From Bali to Sri Lanka, the Philippines and Mumbai, Asian civilians are increasingly at risk of dying in bombings by militants, analysts said Wednesday. “Actually there has been a very significant shift in the terrorist strategy,” said Kusnanto Anggoro, researcher at Jakarta’s Centre for Strategic and International Studies.“They are […]
Sri Lanka boosts Colombo security with 1,000 troops
COLOMBO, July 12, 2006 (AFP) – Sri Lanka Wednesday announced it is forming a special unit of 1,000 men to bolster already tight security arrangements in the main city of Colombo amid fears of Tamil Tiger suicide bombings. Defence ministry spokesman Prasad Samarasinghe said the army had begun enlisting 1,000 soldiers for the special Colombo […]
Sri Lanka seeks unity to fight terrorism after Mumbai attacks
COLOMBO, July 12, 2006 (AFP) – Sri Lankan President Mahinda Rajapakse urged the international community Wednesday to unite and fight terrorism following a series of bomb blasts in neighbouring India that killed more than 180 people. “Yesterday’s bomb attacks in India draw attention to the need for cooperation among all countries on the need to […]
Emergency heart surgery for Sri Lanka rebel spokesman
July 12, 2006 (AFP) – A Tamil Tiger rebel spokesman suffered a heart attack and was being rushed to a hospital in the Sri Lankan capital Wednesday for urgent treatment, a government minister told AFP.Velayudam Dayanidi, better known as Daya Master, was being brought to Colombo from the northern rebel-held town of Kilinochchi to undergo […]