‘s top order

DHAKA, January 27, 2014 (AFP) – Seamer Shaminda Eranga claimed two wickets as Sri Lanka reduced Bangladesh to 72-4 in the opening session of the first Test in Dhaka on Monday.The tourists justified their decision to bowl first on a rock-hard pitch at the Sher-e-Bangla stadium by grabbing four wickets with just 59 runs on […]

Sri Lanka stocks close lower

Jan 27, 2014 (LBO) – Sri Lanka stocks close 0.16 percent lower Monday with diversified stocks losing ground, brokers said. The Colombo benchmark All Share Price Index closed 9.82 points lower at 6,245.81, down 0.16 percent. The S&P SL20 closed 17.89 points lower at 3,460.20, down 0.51 percent. Turnover was 872.63 million rupees, down from […]

Cricket: Sri Lanka seek Test revival in Bangladesh

DHAKA, January 26, 2014 (AFP) – Sri Lanka will look to bounce back after an embarrassing setback last week as Angelo Mathews’ tourists begin a two-Test series against an equally inconsistent Bangladesh from Monday.The hosts have recalled opening batsman Imrul Kayes for the first Test in Dhaka and included new batsman Shamsur Rahman, but the […]

Paradise Isle

Jan 25, 2014 (LBO) – The latest bright idea from Sri Lanka™s police is to ask all motor cyclists in the Western province to switch on their headlights during day-time.With this level of macro-economic boost, there will be no need for the Census and Statics department to massage national data.Director Wanasinghe who is regarded a […]

UK in nationalist bid to push up European business costs, undermine capitalism

LONDON, January 24, 2014 (AFP) – British Prime Minister David Cameron was on Friday to insist that the “re-shoring” of jobs from countries such as India and China could be a key factor in spurring European economic growth.Cameron is due to tell the World Economic Forum being held in the Swiss town of Davos that […]

Cricket: Sri Lanka recall Mendis for Bangladesh Tests

COLOMBO, January 23, 2014 (AFP) – Sri Lanka’s selectors on Thursday recalled unorthodox spinner Ajantha Mendis for two Test matches in Bangladesh starting next week after keeping him out of the recent series against Pakistan.Mendis, 28, who bowls both off-spin and leg-breaks with an unusual finger-flicking action, last played a Test during his team’s home […]

Sri Lanka stocks close up 0.4-pct

Jan 24, 2014 (LBO) – Sri Lanka stocks close up 0.47 percent Friday with telco and tobacco stocks gaining, brokers said. Sri Lanka Telecom on Friday confirmed that they have not negotiated to purchase Hutch. SLT closed 40 cents lower at 36.60 rupees. Cargills Ceylon closed 3.30 rupees higher at 153.40 rupees and Nestle Lanka […]

” GDP data row

COLOMBO, January 22, 2014 (AFP) – Sri Lanka’s main statistics office Wednesday said a senior official who denounced alleged government pressure to inflate economic growth data would be sacked after he was found guilty of leaking confidential information. Statistics chief Gunawardena denied that he was under pressure to change economic data to suit the government […]

‘s killing

COLOMBO, January 22, 2014 (AFP) – Sri Lankan investigators arrested a ruling party politician who failed to turn up to his trial for the Christmas Day killing of a British tourist two years ago, police said Wednesday.Sampath Vidanapathirana, a councillor in the southern region of Tangalle, was tracked down and arrested in the capital Colombo […]

Sri Lanka exports up 6.2-pct in 2013: trade ministry

Jan 23, 2014 (LBO) – Sri Lanka’s exports rose 6.2 percent from year earlier to 10,379 million US dollars, the commerce ministry said. Agriculture products grew 10.3 percent to 2479.94 million US dollars, industrial products grew 4.91 percent to 7,618 million US dollars with apparels up 13.31 percent to 4492.20 million. Other export crops surged […]

Start Up

Jan 23, 2014 (LBO) – Sri Lanka’s Cargills (Ceylon) Plc said it start up banking arm had been given the nod to start operations by the regulator.Cargills Bank was given a license to start operations from January 21, the firm said in a stock exchange filing. .

SHARJAH, January 21, 2014 (AFP) – Departing Pakistan coach Dav Whatmore said he ended his tenure on a happy note with his team winning the third Test, and admitted he may still return in another capacity.“This victory (against Sri Lanka) will be ranked up there, the series win in India and one-day win in South […]

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