Helping Hand

March 06 (LBO) – Sri Lanka is trying to make it easier for disabled people and the aged to use public transport like trains and buildings, a government official said Tuesday. The conference is jointly organised by the social services ministry, Practical Action-South Asia Programme, Disaster Relief Monitoring Unit of the Human Rights Commission Sri […]

Global shares rally but analysts warn of possible turmoil ahead

LONDON, March 6, 2007 (AFP) – European and Asian share prices rebounded on Tuesday following recent heavy falls as US Treasury Secretary Henry Paulson reassured that Asia’s two biggest economies, Japan and China, remained sound. On Wall Street, shares closed lower Monday following declines across Europe and Asia, with the Dow Jones index shedding 0.53 […]

’t smell rotten fish

BANGKOK, March 6, 2007 (AFP) – Five Thai fishermen died and two were taken to hospital after inhaling gas released by rotting fish in the hold of a trawler, police said Tuesday.They fainted at the smell of the decomposing fish kept in the bottom of the trawler along the Andaman coast of southern Thailand on […]

Iran moots idea of international Islamic human rights court

KUALA LUMPUR, March 6, 2007 (AFP) – Iran has mooted the idea of an international court focussing on Islamic human rights issues, a report said Tuesday. Ayatollah Mahmoud Hashemi Shahroud, Iran’s chief of judiciary system, said during a visit to Malaysia that his country has formed a secretariat to look into the matter, the New […]

Bermuda skipper defends World Cup place after warm-up thrashing

ARNOS VALE, St Vincent, March 6, 2007 (AFP) – Bermuda captain Irving Romaine insisted his side deserved their place at the Cricket World Cup despite losing their opening warm-up match against England by the huge margin of 241 runs. Bermuda’s second and final warm-up match is against Zimbabwe on Thursday.“Today the plan was to field […]

Sri Lanka cruise to win over Scots

BRIDGETOWN, Barbados, March 5, 2007 (AFP) – Sri Lanka cruised to a comfortable 172-run win over Scotland at the Three Ws Oval here on Monday in their opening World Cup warm-up match.Mahela Jayawardene’s team then move on to Trinidad for their first round Group B matches where they will take on India, Bangladesh and Bermuda […]

Sri Lankan police track killer groups and kidnappers

COLOMBO, March 6, 2007 (AFP) – Sri Lanka’s police admitted Tuesday that its own security personnel have been involved in kidnappings for ransom and vowed to crack down on mounting abductions and killings of civilians. Colombo also faced censure over the killing of 17 local employees of a French charity in August. Scandinavian monitors blamed […]

Sri Lanka finds five more corpses

March, 06 (LBO) – Five burnt bodies have been discovered in the north central Sri Lankan district of Anuradhapura, police said Tuesday. Tirappane police said the bodies were found near the village of Thuruvila in the Anuradhapura district. Anuradhapura is more than 200 kilometres away from Colombo in the north central province of Sri Lanka. […]

Taking Flight

March 5, 2007 (AFP) – Sri Lanka’s new state-run budget airline secured a provisional license to fly after technical problems delayed its maiden test flight by over eight hours, officials said. A Mihin Air flight flew to India’s southern city of Thiruvananthapuram from the island’s sole international airport late Sunday and returned around midnight, airport […]

Skills Boost

March 05, 2007 (LBO) – Sri Lanka’s financial regulators are coming together to boost skills of market professionals in a bid to deepen securities and insurance industries. Sri Lanka has a large number of companies, financial institutions, registered financial, leasing and insurance companies, merchant banks, venture capital firms and unit trusts. Sri Lanka’s capital markets […]

Joint Deal

March 05 (LBO) – DFCC Bank and Hatton National Bank would set up a joint venture investment bank to takeover and run their corporate finance and capital market businesses, the two banks said Monday. “It is envisaged that the new will also be the group holding company for the other related entities of the two […]

Defence Support

March 05 (LBO) – Sri Lanka and the United States has signed a deal to give reciprocal logistical support for the military forces of the two countries, the US embassy in Colombo said Monday. The 10-year agreement which will provide a framework for increased interoperability of the forces of the two countries has been signed […]

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