Category:
Pakistan grapple with Sri Lanka M-factor
February 24, 2011 (AFP) – Pakistan will look to blunt Lasith Malinga and wily off-spinner Muttiah Muralitharan in their Group A encounter against Sri Lanka on Saturday, with captain Shahid Afridi confident of a win. Co-hosts Sri Lanka, champions in 1996, and 1992 winners Pakistan are off to flying starts in the tournament with convincing […]
Sri Lanka seeks to rescue stranded nationals in Libya
Feb 24, 2011 (LBO) – Sri Lanka is seeking rescue by ship nationals stranded in Libya from where foreigners and migrant workers are fleeing the violence triggered by a public uprising against the government, a spokesman said. “We have despatched a ship,” media minister Keheliya Rambukwella told a news conference. AFP news agency reported that […]
Thousands of migrants flee Libya into Tunisia: agency
GENEVA, February 23, 2011 (AFP) – Several thousand foreign migrants from Libya have crossed the Tunisian border in the first major exodus to Tunisia since the Libyan turmoil began, the International Organisation for Migration said on Wednesday. The UNHCR was locating possible sites for camps in case larger numbers arrive. Fleeing migrants said they had […]
Sri Lanka urged by World Bank to control trans fat content in food
Feb 24, 2011 (LBO) – The World Bank has urged Sri Lanka bring laws to encourage good food processing practices and control trans fats content in food in the fight against rising non-communicable diseases (NCD) like heart attacks. “The ministry of industries (might have to get involved) in decisions about taxes on high sugar products […]
Sri Lanka Treasuries yields ease
Feb 23, 2011 (LBO) – Sri Lanka’s Treasuries yields eased at the weekly auction with the government rolling over 11 billion rupees in maturing bills, a statement said. The government sold 2.0 billion rupees of 3-month bills, 3.5 billion rupees of 6-month bills and 5.5 billion rupees of 12-month bills. The government’s debt office which […]
Sri Lanka shares close 0.4-pct higher
Feb 23, 2011(LBO) – Sri Lankan stocks closed 0.45 percent up with retail investor dominated trading and some interest seen in the poultry and index heavy shares, brokers said. The All Share Price Index closed at 7,548.86, up 0.45 percent (34.12 points) while the Milanka Price Index of more liquid stocks closed at 7,181. 13, […]
Merchant Profits
Feb 23, 2011 (LBO) – Merchant Bank of Sri Lanka (MBSL), a unit of state-run Bank of Ceylon said group profits for December 2010 rose 243 percent on wider interest margins and higher non-operating incomes. MBSL, which also has a finance company, an insurer and a savings bank under its wing said group revenues rose […]
Mobile Profits
Feb 23, 2011 (LBO) – Sri Lanka’s Mobitel, a unit of Sri Lanka Telecom said it had made profit after tax of 1. 51 billion rupees (13.7 million US dollars) in the year to December 2010 turning around from a loss of 395 million a year earlier. Sri Lanka’s telecom regulator put in floors to […]
Tele Profits
Feb 23, 2011 (LBO) – Sri Lanka Telecom said it made a profit of 1,542 million rupees in the December quarter from a loss of 379 million rupees a year earlier, helped by a turnaround of its mobile unit, while revenues rose 6 percent to 12. 9 billion rupees. Malaysia’s UT group owns 49.8 percent […]
Sri Lanka elephant paintings on sale at national carrier
Feb 23, 2011 (LBO) – Sri Lanka’s state-run national carrier SriLankan airlines said it will sell paintings by an elephant through the in flight duty free sales collection. The paintings are drawn by Sindu an elephant at the Temple of the Tooth Relic in the central Sri Lankan city of Kandy. The elephants paints with […]
Sri Lanka, India ferry not seen hitting airlines
Feb 23, 2011 (LBO) – The resumption of ferry links between India and Sri Lanka after a war is not likely to affect air lines, especially budget carriers, at least initially, officials and analysts said. The ferry services are likely to cater to a different market than airlines unless or until voyages quicker than the […]
Sri Lanka eye return to Pakistan – cricket official
HAMBANTOTA, February 23, 2011 (AFP) – Pakistan’s cricketing isolation could end in October if Sri Lanka, who were targeted in a deadly terror attack in Lahore two years ago, agree to tour the troubled country. Sri Lankan officials said Wednesday they were in talks with the International Cricket Council’s Pakistan Task Team (PTT) to explore […]