Author: lbostgadmin
‘s Thirimanne upbeat after Northants draw
NORTHAMPTON, June 8, 2014 (AFP) – Sri Lanka’s Lahiru Thirimanne was in positive mood ahead of Thursday’s first Test against England after the tourists’ warm-up match against Northamptonshire ended in a draw.Although Sri Lanka have won individual Tests in England, they’ve never won a series of more than one match. But Thirimanne said he believed […]
Sri Lanka MAS Holdings mulls stores in India; East Asia entry: report
June 09, 2014 (LBO) – Sri Lanka’s MAS group, a lingerie producer, is mulling an own-store chain in India and expansion into East Asia, a media report said. Press Trust of India, a news agency quoted MAS Holdings Director Ajay Amalean as saying that the group wanted to open up to 20 retail stores over […]
‘s Karachi airport
KARACHI, June 8, 2014 (AFP) – Heavily armed militants attacked Pakistan’s busiest airport in the southern city of Karachi Sunday night, killing at least six people as flights were suspended and the army was called in, officials said. Some six militants were also killed in the assault as gunfire, which continued overnight, and two huge […]
Sri Lanka stocks close up 0.1-pct
June 09, 2014 (LBO) – Sri Lanka’s stocks closed higher with telco and oil palm stocks gaining amid strong foreign buying mostly into conglomerate John Keells Holdings, brokers said. Lanka Orix Finance closed 20 cents higher at 3.80 rupees and Lanka Orix Leasing closed 50 cents higher at 80.50 rupees. Cargills Ceylon closed 3.50 rupees […]
Sri Lanka arrests more Indian fishermen as tensions rise
COLOMBO, June 8, 2014 (AFP) – Sri Lanka’s navy said Sunday it has arrested 73 Indian fishermen for illegal poaching amid heightened tensions between the neighbours over the long-standing issue.During their discussions, Rajapakse and Modi agreed to continue official-level talks for a permanent solution to poaching, a major irritant in bilateral ties.The two countries are […]
Sri Lanka keeper ready for England backlash
NORTHAMPTON, June 7, 2014 (AFP) – Sri Lanka wicketkeeper Prasanna Jayawardene said he expected England to “come hard” during this month’s two-Test series.The tourists took a five-match one-day series 3-2 with a six-wicket win at Edgbaston on Tuesday — a result overshadowed by the controversy surrounding the run out backing up or ‘Mankading’ of England’s […]
Escape
Two Sri Lankans held captive by Somali pirates for nearly for years had escaped a British mediator working to free the hostages had said, but four of their colleagues had died during the ordeal.The two men and a woman had been travelling in a convoy guarded by armed police, were seized by gunmen in ambush […]
Ton-up Silva and Thirimanne star for Sri Lanka
NORTHAMPTON, June 5, 2014 (AFP) – Kaushal Silva and Lahiru Thirimanne both scored hundreds as Sri Lanka compiled 358 for three on the opening day of their tour match against Northamptonshire.The compact Silva pulled Coetzer for four to complete a 123-ball fifty while left-hander Thirimanne square-cut spinner Spriegel to the boundary to reach the landmark […]
Japan to be first stop for India PM Modi: report
TOKYO, June 6, 2014 (AFP) – Japan could be the first foreign destination for new Indian Prime Minister Narendra Modi, Japanese media reported Friday, suggesting the trip could happen as early as this month.Coming top of Modi’s travel itinerary would mark a diplomatic coup for Japan, whose Prime Minister Shinzo Abe is looking to boost […]
Loan Demand
June 6, 2014 (LBO) – Sri Lanka’s DFCC says it has seen a sharp rise in credit demand with new approvals rising to 34.6 billion rupees from 23.4 billion rupees a year earlier, though draw downs are just picking up.DFCC Bank group which has assets of 177 billion rupees said amid a rise of all […]
Sri Lanka stocks close lower
June 06, 2014 (LBO) – Sri Lanka’s stocks closed lower with tobacco stocks losing ground despite net foreign buying mostly into Royal Ceramics, brokers said. AIA Insurance closed 20.00 rupees lower at 270.00 rupees and HNB closed 1.10 rupees lower at 156.40 rupees. Carson Cumberbatch closed 2.90 rupees higher at 402.00 rupees and its oil […]
Sri Lanka includes natural gas in power planning studies
June 5, 2014 (LBO) – Sri Lanka’s state-run power utility has included natural gas in power generation planning studies for the first time, with prospects of gas being found in the country.In one study scenario where no coal plants after the current ones being planned for Trincomallee, the Ceylon Electricity Board’s long term generation plan […]