Author: lbostgadmin
Sri Lanka issues its first Rs. 2000 note
Sri Lanka has doubled the face value of its highest denomination currency note in a bid to meet the expanding needs of the economy, the Central Bank said Friday. Sri Lanka has doubled the face value of its highest denomination currency note in a bid to meet the expanding needs of the economy, the Central […]
At least 12 military personnel killed in Mannar
Big hit At least 12 military personnel were killed when a bus full of soldiers was hit in a landmine explosion in Mannar. Big hit At least 12 military personnel were killed when a bus full of soldiers was hit in a landmine explosion in Mannar. Four persons have been taken to hospital. -LBO Newsdesk: […]
Navy bus attacked with landmine in Sri Lanka
Suspected Tamil Tiger rebels exploded a powerful landmine in north-western Sri Lanka, killing or injuring about 30 sailors travelling in a bus, a defence ministry official said. Suspected Tamil Tiger rebels exploded a powerful landmine in north-western Sri Lanka, killing or injuring about 30 sailors travelling in a bus, a defence ministry official said. “There […]
Tigers deny killing Sri Lanka sailors, accuse navy of attack
Sri Lanka’s Tamil Tiger rebels denied abducting and killing three sailors the previous day and accused the navy of launching an attack on their flotilla and sparking a fierce sea battle.Sri Lanka’s Tamil Tiger rebels denied abducting and killing three sailors the previous day and accused the navy of launching an attack on their flotilla […]
Tamil Tiger blast kills 15 Sri Lankan sailors
Suspected Tamil rebels blew up a navy road convoy in Sri Lanka on Friday killing at least 15 sailors and wounding 15 more, a defence ministry official said as the guerrillas warned of more strikes.Suspected Tamil rebels blew up a navy road convoy in Sri Lanka on Friday killing at least 15 sailors and wounding […]
Marketing Mix
The advertising industry will abandon the 18 year old SLIM awards for one of its own, with greater emphasis on creativity.The advertising industry will abandon the 18 year old SLIM awards for one of its own, with greater emphasis on creativity. SLIM Chance SLIM Awards chief Louie Dias told LBO on Thursday that the […]
Softly Softly
Sri Lankan travel agents, dentists and sea farers offer their services in India but rest of the professional services fighting shy of Indian competition.Sri Lankan travel agents, dentists and sea farers offer their services in India but rest of the professional services fighting shy of Indian competition. Sri Lanka and India are trying to formally […]
Sri Lanka sea battle ends with rebels, sailors captured
Sri Lanka’s navy and Tamil Tigers fought a sea battle off the island’s northwestern coast Thursday with three sailors suspected killed and seven rebels captured, the navy said.Sri Lanka’s navy and Tamil Tigers fought a sea battle off the island’s northwestern coast Thursday with three sailors suspected killed and seven rebels captured, the navy said. […]
Sri Lanka raise diplomatic offensive after sea battle
Sri Lanka’s navy and Tamil Tigers fought a sea battle off the island’s northwest coast Thursday with three sailors feared killed and seven rebels captured, the navy said.Sri Lanka’s navy and Tamil Tigers fought a sea battle off the island’s northwest coast Thursday with three sailors feared killed and seven rebels captured, the navy said. […]
Scouts Honour
Sri Lanka’s President Mahinda Rajapakse Wednesday promised to honour US$ 71 million due to Indian Oil Corp., after its local unit lamented that unpaid bills will drive it to technical insolvency. Sri Lanka’s President Mahinda Rajapakse Wednesday promised to honour US$ 71 million due to Indian Oil Corp., after its local unit lamented that unpaid […]
Wake Up Call
Sri Lanka’s central bank unexpectedly raised key short-term interest rates Thursday in a bid to rein in a possible surge in inflation from new government spending next year. Sri Lanka’s central bank unexpectedly raised key short-term interest rates Thursday in a bid to rein in a possible surge in inflation from new government spending next […]
Primary dealers climb on board the specialised debt exchange
Ending years of haggling, Sri Lanka’s Central Bank has given its blessings to allow secondary market trading of government securities on the specialised debt exchange system, DEX.Ending years of haggling, Sri Lanka’s Central Bank has given its blessings to allow secondary market trading of government securities on the specialised debt exchange system, DEX. Owned by […]