Author: lbostgadmin
Sri Lanka to refuse entry to UN investigators: president
COLOMBO, August 19, 2014 (AFP) – Sri Lanka will not grant visas to UN investigators probing war crimes allegedly committed during the island’s decades-long separatist conflict, President Mahinda Rajapakse said Tuesday.“We will not allow them into the country,” said Rajapakse, who is under international pressure to cooperate with the UN-mandated investigation. Sri Lanka has refused […]
” prompted Test retirement
COLOMBO, August 18, 2014 (AFP) – Mahela Jayawardene Monday said a “gut feeling” prompted him to quit Test cricket as he turned his attention to one last World Cup campaign after near-misses in 2007 and 2011.The modest former Test captain, one of only five batsmen to top 11,000 runs in both Test and one-day cricket, […]
Sri Lanka shares close up 0.1-pct
Aug 19, 2014 (LBO) – Sri Lanka’s shares closed in the green Tuesday, recording the highest turnover since March 2012 with the off-market transactions of John Keells Holdings despite strong foreign selling, brokers said. Index heavy John Keells Holdings contributed most to the index gain. Dialog Axiata closed 10 cents higher at 11.10 rupees and […]
Gentleman Jayawardene, the elegant run-machine
COLOMBO, August 18, 2014 (AFP) – One of the game’s most elegant stroke-makers, Mahela Jayawardene, enjoyed a fitting farewell to Test cricket at his home ground as Sri Lanka completed a 2-0 series sweep against Pakistan on Monday.Few cricketers exemplified the spirit of the game better than the gentlemanly 37-year-old, though his pleasant demeanour hid […]
Waste Management
Aug 15, 2014 (LBO) – Sri Lanka’s cabinet of ministers had approved a plan to haul solid waste from Sri Lanka’s capital Colombo to sanitary land in the northwest of the island by rail as part of a plan to produce power, a top official said.Waste will be taken in special locomotives and rolling stocks.The […]
Profit Gain
May 18, 2014 (LBO) – Sri Lanka’s Commercial Bank of Ceylon said profits before tax drop marginally to 6.474 billion in the first half of 2014 due to imposition of Nation building tax from January. The bank says the profit before financial VAT and NBT was up 1.92 percent to 7.587 billion rupees. The imposition […]
Sri Lanka shares close up 0.4-pct
Aug 18, 2014 (LBO) – Sri Lanka’s shares closed 0.44 percent higher, reversing the losses incurred last Friday with telco and tobacco stocks gaining, brokers said. The aggregate value of all off-the-floor deals represented 41 percent of the turnover. MTD Walkers closed 5.30 rupees higher at 41.70 rupees, attracting most number of trades during the […]
Pakistan must score 271 to ruin Jayawarde
COLOMBO, August 17, 2014 (AFP) – Pakistan were set a target of 271 to record a series-levelling win in the second Test against Sri Lanka on Sunday and ruin the retiring Mahela Jayawardene’s farewell party. The hosts, trailing by 12 runs on the first innings, were bowled out for 282 in their second knock just […]
Cricket: Sri Lanka prosper as Herath wrecks Pakistan again
COLOMBO, August 17, 2014 (AFP) – Sri Lanka stepped closer to giving former captain Mahela Jayawardene a winning farewell after Rangana Herath skittled Pakistan once more in the second Test in Colombo on Sunday.Pakistan, set a series-levelling target of 271 runs, slumped to 50-5 before plodding to 127-7 by stumps on the fourth day at […]
Sri Lanka policy rates to be steady: Central Bank
Aug 15, 2014 (LBO) Sri Lanka unchanged a policy rate corridor at 6.5 to 8.0 percent in order to remain broadly on target in 2014 with low inflation the Central Bank in its August monetary policy review. Credit to private sector has grown by eight million rupees in June although the private sector credit growth […]
Cricket: Fired-up Pakistan rattle Sri Lanka in second Test
COLOMBO, August 14, 2014 (AFP) – Mahela Jayawardene scored four streaky runs in his last Test as Pakistan’s bowlers dismantled Sri Lanka’s first innings at the start of the second and final match in Colombo on Thursday.“For us seamers to take so many wickets on a dead wicket like this is fantastic,” said the 24-year-old […]
Sri Lanka stocks close down 0.4-pct
Aug 15, 2014 (LBO) – Sri Lanka’s stocks closed 0.42 percent lower on Friday with tobacco stocks losing ground amid strong foreign selling, brokers said. The Colombo benchmark All Share Price Index closed 29.24 points lower at 6,943.85, down 0.42percent. The S&P SL20 closed 7.79 points lower at 3,820.98, down 0.20 percent. Turnover was 2.93 […]