Category:
‘s legal threat
NEW DELHI, Aug 16, 2007 (AFP) – Former India captain Bishan Bedi has rubbished Muttiah Muralitharan’s demand for monetary damages for suggesting the Sri Lankan off-spinner was a cheat, reports said on Thursday.“I am a free man and I have a right to express my opinion,” Bedi, 60, was quoted as saying by the Times […]
‘s record
SYDNEY, Aug 16, 2007 (AFP) – Muttiah Muralitharan has warned any abuse from Australian crowds will only spur him to break Shane Warne’s world record in Sri Lanka’s cricket tour here later this year.The heavily-scrutinised Sri Lankan spinner has dared Australian fans to heckle him as he chases the nine wickets he needs to pass […]
Sri Lanka FM disowns “terrorist” accusation against UN official
August 16, 2007 (LBO) – Sri Lanka’s foreign minister, Rohitha Bogollagama, Thursday disowned a Cabinet colleague’s accusation that a UN official who visited the island recently was a terrorist. He said he was œ¦simply referring factually to the terrible incidents that had taken place and the need to step up even further all our efforts […]
Sri Lanka Tamils pressured to stop court cases: rights group
Aug 16, 2007 (AFP) – The government of Sri Lanka is pressuring minority Tamils to withdraw court cases against the authorities for forcibly evicting them from the capital, a rights group said Thursday.The group, the Civil Monitoring Committee, said they suspected pro-government elements had planted a bomb in a low-budget hostel occupied by members of […]
Acid attack on Sri Lanka journalist
COLOMBO, Aug 16, 2007 (AFP) – A Tamil reporter suffered burns on his face, arms and back after attackers threw acid at him in Sri Lanka’s capital Thursday in the latest assault on journalists, a rights group said.K.P. Mohan of the Tamil-language Thinakkural daily was attacked as he walked out of Colombo’s main hospital, where […]
Crack Spread
August 16, 2007 (LBO) – The Ceylon Petroleum Corporation which runs Sri Lanka’s only refinery has hedged the crack margin of a portion of its diesel and kerosene output in a deal with the Standard Chartered Bank, an official said. CPC is also planning to expand its refinery capacity by going for an 800 million […]
Sri Lanka trade deficit narrows in first half 2007, oil imports down
August 16, 2007 (LBO) – Sri Lanka’s trade deficit has narrowed 12 percent and oil imports had fallen 8 percent in the first half of 2007, the central bank said. Exports had grown 12.9 percent to 3.56 billion dollars while imports grew only 3.9 percent narrowing the trade deficit from 1.79 billion dollars to 1.58 […]
Sri Lanka rolls over Rs12bn in bills, short end in demand
August 15, 2007 (LBO) – Sri Lanka rolled over 12 billion rupees of treasury bills heavily weighted towards the short end with yields edging up marginally, the government’s debt office said.Three-month bills edged up four basis points to 17.45 percent while 6-months remained flat at 17.12 percent and 12-month bills were at 16.89 percent. The […]
Sri Lanka tourist arrivals down 20% in July
August 15, 2007 (LBO) – Foreign visitors to Sri Lanka have fallen 20 percent in July with arrivals in the first seven months falling 24 percent, the country’s tourist promotion office said. Sri Lanka has been slapped by travel advisories while a worsening conflict and reports of human rights violations and killings of aid workers […]
Mobile Action
August 15, 2007 (LBO) – Bharti Airtel was aiming to launch commercial operations in Sri Lanka early next year investing 200 million dollars in the island, the Indian telecom giant said Wednesday. About 60 percent of Sri Lanka’s mobile market is controlled by Dialog Telekom, a unit of Telekom Malaysia. The rest is shared between […]
European stocks follow Asian markets down
LONDON, Aug 15, 2007 (AFP) – Europe’s main stock markets tumbled again on Wednesday as investors were gripped by concerns over a potential global credit crunch sparked by the troubled US home loan sector. The American markets turned lower in the wake of a media report about a troubled investment fund, Sentinel Management Group. Global […]
Asian stocks tumble as global selloff drags on
TOKYO, Aug 15, 2007 (AFP) – Most Asian stock markets suffered another mauling in early trade on Wednesday after an overnight slump on Wall Street dashed hopes of an end to recent turmoil sparked by US mortgage woes. The latest wave of selling came despite recent efforts by the world’s major central banks to restore […]