Author: lbostgadmin
New Phone
BARCELONA, February 24, 2014 (AFP) – Samsung unveiled Monday its new flagship Galaxy S5 smartphone armed with a fingerprint scanner and a built-in heart rate sensor to defend its place as the world’s industry leader.Taking the limelight on the opening day of the world’s biggest mobile fair in Barcelona, Spain, the South Korean giant simultaneously […]
Mass Grave
COLOMBO, February 25, 2014 (AFP) – Forensic experts have found more bodies in an unmarked mass grave in Sri Lanka’s northern former war zone, taking the total number to 80, an official said Tuesday.Judicial medical officer Dhananjaya Waidyaratne said excavations resumed on Monday after a short break at the grave site discovered by construction workers […]
Strong Showing
Feb 25, 2014 (LBO) – Profits at Sri Lanka’s Commercial Bank of Ceylon rose 25 percent to 3.3 billion rupees in the December 2013 quarter from a year earlier, despite a steep loan loss provisioning, interim accounts showed. The group reported earnings of 3.92 rupees per share. For the 12-months to December the group reported […]
Vehicle Trend
Feb 25, 2014 (LBO) – Sri Lanka’s vehicle registrations fell 1.5 percent to 27,827 in January 2014 from a year earlier, with used hybrid cars up and three wheelers down, a research analysis shows.Sri Lanka now taxes large hybrid vehicles at lower rates than small petrol cars. The larger cars are more fuel efficient, allowing […]
Sri Lanka stocks end down 0.8-pct
Feb 25, 2014 (LBO) – Sri Lanka stocks end 0.80 percent lower Tuesday for the ninth consecutive day with losses in the tobacco and diversified stocks, brokers said. The Colombo benchmark All Share Price Index closed 47.13 points lower at 5,835.92, down 0.80 percent. The S&P SL20 closed 27.94 points lower at 3,180.06, down 0.87 […]
Sri Lanka stocks end down 0.8-pct, rupee weaker
Feb 25, 2014 (LBO) – Sri Lanka stocks closed 0.8 percent lower Tuesday falling 4.5 percent over nine days amid steady foreign selling, brokers said, while the rupee ended weaker against the US dollar. The Colombo benchmark All Share Price Index closed 47.13 points lower at 5,835.92, down 0.80 percent. The S&P SL20 closed 27.94 […]
Sri Lanka Treasuries edge lower, rupee weaker
Feb 25, 2014 (LBO) – Sri Lanka’s Treasures yields edged marginally down at Tuesday’s auction with the 3-month yield down 03 basis points to 6.72 percent, data from the state debt office showed. The 6-month yield fell 01 basis point to 6.89 percent and the 12-month yield fell 01 basis point to 7.07 percent. The […]
Cheap Smarts
BARCELONA, February 23, 2014 (AFP) – Firefox OS, an upstart smartphone operating system aimed a challenging the Apple and Google duopoly, will power a new category of $25 smartphones for developing countries, the California-based nonprofit Mozilla Foundation said Sunday. Mozilla sought to show off the success of its system, launched a year ago to prise […]
Mobile Sales
Feb 24, 2014 (LBO) – Sri Lanka’s Dialog Axiata Plc, said it has developed a mobile point of sale (mPOS) application with extra features that will be first deployed in the island’s largest taxi service.3 Wheel Lanka (Pvt) Ltd, which operates under the ‘Budget Taxi’ will carry the patent-pending ‘Dialog Street Smart’ product, using a […]
Sri Lanka stocks plunge 0.9-pct
Feb 24, 2014 (LBO) – Sri Lanka stocks plunge 0.91 percent Monday continuing the downward trend with losses in the tobacco and diversified stocks, brokers said. Bukit Darah ended 15.00 rupees lower at 560.00 rupees and Commercial Leasing and Finance closed 20 cents lower at 3.90 rupees. Nestle Lanka ended 20.90 rupees lower at 2,000.00 […]
Afghan President Karzai cancels Sri Lanka visit
COLOMBO, February 23, 2014 (AFP) – Afghan President Hamid Karzai cancelled a two-day state visit to Sri Lanka Sunday, the foreign ministry in Colombo said, as Taliban insurgents killed 20 of his soldiers in eastern Afghanistan.“Please note that the visit of the President of Afghanistan to Sri Lanka has been cancelled,” the ministry said without […]
Revamped Sri Lanka sweep Bangladesh one-dayers
DHAKA, February 22, 2014 (AFP) – New-look Sri Lanka trounced Bangladesh by six wickets in the third and final one-day international in Dhaka on Saturday to sweep the series 3-0.The hosts missed premier all-rounder Shakib Al Hasan, who was handed a three-match ban for a lewd on-camera gesture during the second one-dayer on Thursday. Mominul […]