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Sri Lanka Kelani Valley profit down
Feb 21, 2009 (LBO) – Sri Lanka’s Kelani Valley Plantations said net profit fell 33.5 percent to 276 million rupees in the 2008 financial year mainly owing to the collapse of tea and rubber prices in the final quarter.Sales grew 10 percent to 3,109 million rupees in the year ending December 31, 2008, the company, […]
Indian Air Force on alert after Colombo raid: report
NEW DELHI, February 21, 2009 (AFP) – The Indian Air Force was placed on alert on the southern coast of the country Saturday following a deadly Tamil Tiger air raid on the Sri Lankan capital Colombo, a report said.The Press Trust of India news agency quoted air force sources as saying coastal radar and air […]
Tamil Tiger raid a desperate bid to delay defeat: govt
February 21, 2009 (AFP) – A kamikaze-style attack by Sri Lanka’s Tamil Tigers on the capital Colombo may have been a last ditch attempt by the rebels to delay their defeat after 37 years of fighting, the government said.The Liberation Tigers of Tamil Eelam (LTTE) smashed a light aircraft into Colombo’s main tax office late […]
Tamil Tiger air raid kills 2 injures 50
February 20, 2009 (AFP) – Tamil Tigers carried out a kamikaze-style attack in Sri Lanka’s capital on Friday night, smashing a light aircraft into the main tax building, killing two people and wounding 50, officials said. Sri Lanka’s air force said anti aircraft guns shot down one of the light aircraft that had flown over […]
Sri Lanka Tigers used torch for air attack: military
February 21, 2009 (AFP) – Tamil Tiger rebels who staged a suicide air raid on Sri Lanka’s capital used a pocket torch to navigate, but their planes were packed with high explosives, military officials said Saturday.One of the Tigers’ two light aircraft was shot down before it could hit its intended target — the main […]
Sri Lanka flay Pakistan in first Test
KARACHI, February 21, 2009 (AFP) – Mahela Jayawardene and Thilan Samaraweera hit punishing hundreds to lead Sri Lanka’s run charge against Pakistan on the opening day of the first Test here on Saturday as the tourists reached 406-3.Jayawardene was unbeaten on 136 — his 25th Test hundred — while Samaraweera notched 130 not out for […]
” of the game: Bird
LONDON, February 21, 2009 (AFP) – Money has been the “ruination” of cricket, former Test umpire Dickie Bird said Saturday, after the England and Wales Cricket Board (ECB) terminated all contracts with alleged fraudster Allen Stanford.Bird called for a return to “old traditions and principles” in a comment piece in The Sun tabloid and said […]
Sri Lanka reach 120-2 at lunch in first Pakistan Test
KARACHI, February 21, 2009 (AFP) – Kumar Sangakkara and Malinda Warnapura hit half-centuries to help Sri Lanka reach 120-2 by lunch on the opening day of the first Test against Pakistan here on Saturday.Sangakkara was unbeaten at the break on 51 with skipper Mahela Jayawardene on five not out after Sri Lanka won the toss […]
Sri Lanka stocks enlivened by JKH deals
Feb 20, 2009 (LBO) – Sri Lankan market was boosted Friday with conglomerate John Keells Holdings increasing control of Union Assurance, Ceylon Cold Stores and brokerage John Keells Ltd. by buying stakes held by Carson Cumberbatch, brokers said. A crossing of 4.36 million CCS shares was done at 115 rupees. CCS was up three rupees […]
Finance Support
Feb 20, 2009 (LBO) – Sri Lanka’s government is offering four billion rupees in bonds and guarantees to improve liquidity in registered finance and leasing companies facing liquidity problems, central bank governor Nivard Cabraal said.A liquidity ratio of 15 percent required to be maintained against fixed deposits would be cut to 10 percent and a […]
Sri Lanka air defences down Tiger aircraft
Feb 20, 2009 (LBO) – Sri Lanka has downed a Tamil Tiger light aircraft near an air base and an international airport north of Colombo following a raid where another aircraft attacked the headquarters of the island’s revenue office, the military said. Colombo was blacked out shortly after 9.00 pm Friday after the military detected […]
Sri Lanka capital blacked out against Tiger air intruders
Feb 21, 2009 (LBO) – Sri Lanka’s capital Colombo was blacked out Friday night and air defences were activated against a possible attack by Tamil Tiger guerrilla aircraft, residents and officials said. Searchlights were activated in the capital, and motorists were told to douse their lights by policemen, shortly after 9.00 pm local time, residents […]