Author: lbostgadmin
Football: German-born Brooks gives USA memorable win over Ghana
NATAL, June 17, 2014 (AFP) – German-born United States defender John Brooks came off the bench to stun Ghana with a late winner in a 2-1 victory in Natal on Monday to put a huge dent in the 2010 World Cup quarter-finalists hopes of emulating that feat this time round.Ghana showed improvement after the break, […]
Sri Lanka indigenous community to get electricity
June 17, 2014 (LBO) – A remote area where indigenous original inhabitants of Sri Lanka are living will get electricity later this month, as plans are on track to electrify the entire island, the power ministry said. Sri Lanka’s indigenous people are known as Veddah’s while they refer to themselves as Wannielaaththo or people of […]
”: S&P
June 17, 2014 (LBO) – A planned 5-year government guaranteed international bond SriLankan Airlines has been rated ‘B+’, the same as Sri Lanka’s sovereign rating, Standard & Poor’s said. Bloomberg newswires, a news agency, citing an unnamed source said Standard Chartered has been hired by SriLankan to organize meeting with investors in Asia and Europe […]
Vehicle Trend
June 17, 2014 (LBO) – Sri Lanka’s car, sports utility vehicles and motor bike registrations were up in May 2014 from a year earlier, but commercial vehicle were sharply down amid lease defaults.An analysis of Sri Lanka’s vehicle registry data by JB Securities, an equities brokerage showed that total new registrations fell 3.3 percent to […]
Crane Arrival
June 17, 2014 (LBO) – Sri Lanka Ports Authority said its new port in Hambantota had received try ship-to-shore gantry cranes and one rubber tyred transfer crane from China.Magam Ruhunupura Mahinda Rajapaksa Port (MRMRP) is built with Chinese finance.
Sri Lanka shares close flat
June 17, 2014 (LBO) – Sri Lanka’s shares closed flat Tuesday despite net foreign buying, brokers said. The Colombo benchmark All Share Price Index closed 0.31 points higher at 6,344.41. The S&P SL20 closed 0.40 points higher at 3,521.07, up 0.01 percent. Turnover was 1.08 billion rupees, up from 957.31 million rupees a day earlier […]
‘BB-(EXP) by Fitch
June 17, 2014 (LBO) – Fitch Ratings has given a ‘BB- (EXP) rating for a proposed government guaranteed dollar bond by SriLankan Airlines. The full statement is reproduced below:- Fitch Rates SriLankan Airlines’s Guaranteed USD Bonds ‘BB-(EXP)’ Fitch Ratings-Singapore/Colombo-17 June 2014: Fitch Ratings has assigned SriLankan Airlines Limited’s (SLA) proposed issue of US dollar denominated […]
Sri Lanka economic growth at 7.6-pct in 1Q 2014
June 16, 2014 (LBO) – Sri Lanka’s economy grew 7.6 percent in the first quarter of 2014 from a year earlier despite the agriculture shrinking, estimates by the state statistics office showed. Agriculture, Livestock and forestry shrank 1.2 percent but helped by a 13.3 percent from fishing, the sector showed a 0.2 percent growth. Industry […]
Curfew in Sri Lanka resorts after 80 injured in nationalist riots – Update
ALUTGAMA, June 16, 2014 (AFP) – Sri Lankan police extended a curfew in a popular tourist region Monday after at least 80 people were injured and dozens of Muslim-owned shops and homes torched when a Buddhist mob went on the rampage. Authorities said the curfew would stay in place for a second night running in […]
Three killed in Sri Lanka religous riots
ALUTGAMA, June 16, 2014 (AFP) – Clashes between Buddhists and Muslims in southern Sri Lanka has left three people dead and at least 78 others seriously wounded, the justice minister said Monday. Police fired teargas and imposed a curfew but were unable to prevent several dozen shops and homes being attacked. Both areas are popular […]
Football: Messi magic gets Argentina up and running
RIO DE JANEIRO, June 16, 2014 (AFP) – Lionel Messi scored a trademark individual goal as Argentina opened their World Cup campaign with a narrow 2-1 win over Bosnia-Hercegovina at Rio de Janeiro’s renovated Maracana on Sunday.Sabella took decisive action at half-time, sending on Higuain and Fernando Gago for Maxi Rodriguez and Hugo Campanaro and […]
‘s inflation hits five-month high
NEW DELHI, June 16, 2014 (AFP) – India’s inflation accelerated to a five-month high in May, in a worrying sign for Prime Minister Narendra Modi’s new government which has made fighting price rises a priority.The Wholesale Price Index, the most closely watched cost of living monitor, rose to 6.01 percent in May — the highest […]