Author: lbostgadmin
US for close economic ties with Sri Lanka rather than sanctions now: envoy
Apr 04, 2014 (LBO) – The US wants to see progress on human rights, rule of law and attacks on religious minorities and was for closer economic ties at this point, rather than economic sanctions, its envoy to Colombo said. She said on March 09, a pastor in a Church in Badulla district was assaulted […]
‘s address to foreign correspondents
Apr 04, 2014 (LBO) – The full text of US ambassador Michele J Sison’s address to the Foreign Correspondents Association in Colombo on Thursday. Ambassador Sison’s Remarks to the Foreign Correspondents Association April 3, 2014 Thank you for inviting me to speak tonight. Last year, you also invited me to speak in early April, and […]
Sri Lanka beat West Indies, enter World T20 final
DHAKA, April 3, 2014 (AFP) – Sri Lanka defeated the West Indies by 27 runs on the Duckworth-Lewis method on Thursday to enter the World Twenty20 final in Dhaka.Sri Lanka await the winners of Friday’s second semi-final between India and South Africa in Sunday’s title clash.The West Indies, chasing Sri Lanka’s 160-6, were 80-4 in […]
Sri Lanka in final after rain dashes Windies hopes
DHAKA, April 3, 2014 (AFP) – Sri Lanka reached the final of the World Twenty20 with a 27-run win over West Indies, the defending champions, after the first semi-final was ended by rain on Thursday.Dilshan and Thirimanne added 42 for the fourth wicket before Dilshan became the second batsman to be run out. He hit […]
Sri Lanka cricketers offered million dollars to win T20
COLOMBO, April 4, 2014 (AFP) – The Sri Lankan team will be handed a million dollar bonus if they can shake off their reputation as chokers in the final of the World Twenty20 this weekend, the country’s cricket board announced Friday.They have also been beaten in the final of the last two 50 over World […]
Q&’s mammoth election
NEW DELHI, April 4, 2014 (AFP) – India’s marathon nine-phase election kicks off Monday and will end on May 12 when hundreds of millions will have cast their ballots.AFP explains how it works and what is at stake. Q. Why will it take so long? Almost 814 million adult Indians are eligible to vote, making […]
Lending Status
Apr 04, 2014 (LBO) – Sri Lanka’s Bank of Ceylon said it financed the building of 368 kilometres of roads as part of credit given to the state its main shareholder, 30.9 billion rupees for water projects and 5.2 billion rupees for hotels. The bank said its net interest margin narrowed to 3.3 percent to […]
Sri Lanka shares close up 0.6-pct
Apr 04, 2014 (LBO) – Sri Lanka’s shares close up 0.60 percent higher Friday with tobacco and telco stocks gaining amid strong foreign selling on diversified stocks, brokers said. The Colombo benchmark All Share Price Index closed 36.08 points higher at 6,054.55 up 0.60 percent. The S&P SL20 closed 27.60 points higher at 3,323.10, up […]
Sri Lanka courts Thai investors
Apr 03, 2014 (LBO) – Sri Lanka is seeking more investors from Thailand, the state investment promotion office said following an investor meeting in Bangkok where there was interest in cosmetics, fisheries, agri business and retailing.The firms make, lace, synthetic sapphires and two hotels and a harvest management company is also expected to start operations, […]
‘s Musharraf survives assassination bomb attempt: police
ISLAMABAD, April 3, 2014 (AFP) – Pakistan’s former military ruler Pervez Musharraf, who is on trial for treason, narrowly escaped an assassination attempt as a bomb went off shortly before his convoy was due to pass early Thursday, police said. The bomb was planted on his route from an army hospital where he has been […]
Morning light could be secret to healthy weight
WASHINGTON, April 2, 2014 (AFP) – Being slimmer could be as simple as waking up early for some morning sunshine, US researchers suggested on Wednesday. Morning light was found to have an influence on body mass, regardless of a person’s physical activity level, caloric intake, sleep timing, age or the season. The study found morning […]
Capital Access
Apr 03, 2014 (LBO) – A high tech 45 billion rupee bridge will clear a traffic bottleneck to Sri Lanka’s capital Colombo and minimize its impact on the river flow underneath, the Japan International Cooperation Agency said.The bridge across Sri Lanka’s Kelani River will allow a smooth flow of traffic in to the city through […]