Category:
Sri Lanka appeals to Tamils to flee to govt territory
August 28, 2008 (AFP) – Sri Lanka on Thursday appealed to minority ethnic Tamil civilians living in the line of fire in rebel-held towns to move to areas under government control, saying it would guarantee them safe passage. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 Defence […]
Dubai port operator profits more than double in H1
DUBAI, August 28, 2008 (AFP) – Dubai-based port operator DP World posted on Thursday a 123 percent increase in net profits in the first half of 2008, which hit 287 million dollars, despite a global economic slowdown. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The world’s […]
ASEAN concludes free trade deal with India: ministers
SINGAPORE, August 28, 2008 (AFP) – Southeast Asian nations have concluded a deal for free trade in goods with India, ministers said Thursday, in a development hailed as a key regional milestone after hard negotiations. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The agreement between the […]
‘s Reliance chief says anti-Nano protests may hurt business
MUMBAI, August 28, 2008 (AFP) – India’s most powerful businessman Mukesh Ambani has condemned protests against a plant building the world’s cheapest car, saying they hurt the country’s ability to attract needed investment. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 Ambani, chairman of giant Reliance Industries […]
‘s India
August 27, 2008 (AFP) – India survived Sanath Jayasuriya’s explosive half-century to clinch the series against Sri Lanka with a 46-run victory in the fourth one-day international here on Wednesday. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 India restricted the hosts to 212 under lights after […]
New media army descends on convention
DENVER, August 27, 2008 (AFP) – A new media army has descended on the Democratic convention in Colorado this week, boldly claiming to offer a fresh perspective on US politics distinct from the mainstream media. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 For the first time […]
Sri Lanka T-bill yeilds edge down
Aug 27, 2008 (LBO) – Sri Lanka’s Treasury bills yields fell at Wednesday’s auction with 6-month bills falling 29 basis points to 18.01 percent and one year yields falling 5 basis points to 18.60 percent. The central bank said it had accepted only 6.4 billion rupees of bids from the market for 7.5 billion rupees […]
Sri Lanka stocks firmer, heavy trading in AMW, JKH
Aug 27, 2008 (LBO) – Sri Lankan stocks ended a shade firmer and turnover increased to almost half-a-billion rupees with strategic buying seen in Associated Motorways (AMW) and heavy trading in John Keells Holdings (JKH), brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All […]
Hub Race
Aug 27, 2008 (LBO) – Tenders for the long-delayed first container terminal in the planned new Colombo south port will be called in the next 2-3 weeks, a senior Sri Lanka Ports Authority engineer said. “There is a very high demand for the south container terminal,” Kurukulasuriya said. He said the project was needed to […]
Capital Gains
Aug 27, 2008 (LBO) – Sri Lanka’s DFFC Bank net profit for the June quarter rose 30 percent to 515 million rupees from 395 million rupees a year ago, helped by capital gains from the sale of shares, the bank’s interim results show. Profit for the June quarter included a one-off gain of 108 million […]
Sri Lanka cloves exports seen hitting new high
Aug 27, 2008 (LBO) – Exports of cloves from Sri Lanka are seen hitting a record 5,000 tonnes this year with earnings exceeding three billion rupees, a trade body said. Chatoor said a close watch was being kept on cloves exports by the authorities to prevent cloves from other countries being sent to India under […]
Sri Lanka says regional deal will help combat terrorist financing
Aug 27, 2008 (LBO) – A legal co-operation deal signed by south Asian leaders at a summit in Sri Lanka earlier this month will help combat terrorist financing and cross-border crime, the foreign affairs ministry said Wednesday. To receive instant alerts from LBO on your Dialog mobile type ‘act (space) lbo’ and send to 678 […]