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Football: Three jailed over English match-fixing plot
LONDON, June 20, 2014 (AFP) – A court jailed three men on Friday for up to five years over their involvement in a plot to fix English lower league games after coming to Britain from Singapore.Krishna Ganeshan, 44, and Chann Sankaran, 33, were sent to prison for five years each, with the judge describing them […]
Sri Lanka Muslims cut back Friday prayers after unrest
COLOMBO, June 20, 2014 (AFP) – Sri Lanka’s Muslim minority held shortened Friday prayer services as religious tensions gripped the island after clashes with hardline Buddhists killed four people, an official said. The Muslim Council of Sri Lanka (MCSL) said Islamic clerics instructed mosques to conduct shorter services and asked the faithful to disperse peacefully […]
‘s Mattala airport speeds up refueling
June 21, 2014 (LBO) – An aviation fuel hydrant and storage terminal at Sri Lanka’s Mattala Rajapaksa International Airport, has allowed it to refuel the largest aircraft in the world quickly, the state petroleum utility said.Ceylon Petroleum Corporation which has a monopoly of fuel supply at Sri Lanka’s two international airports said the airport originally […]
Sri Lanka warned it may suffer same fate as Vietnam
June 21, 2014 (LBO) – Sri Lanka’s Communist Party recognized Vietnam’s claims to islands which are at a centre of a dispute with China a top official said, amid warnings that Sri Lanka could suffer the same fate from aggressive large nations. “As far as we are concerned we recognize the right of the Vietnamese […]
Sri Lanka shares close down 0.2-pct
June 20, 2014 (LBO) – Sri Lanka’s shares closed 0.17 percent lower for the third straight session amid strong foreign selling, brokers said. The Colombo benchmark All Share Price Index closed 10.75 points lower at 6,302.45, down 0.17 percent. The S&P SL20 closed 11.81 points lower at 3,478.86, down 0.34 percent. Turnover was 1.21 billion […]
Fleet Expansion
June 20, 2014 (LBO) – Sri Lanka state-run Ceylon Shipping Lines will buy a tanker to transport crude in addition to two bulk carriers, as part of building up a plan to become a shipping hub, information minister Keheliya Rambukwelle said. Until the shipping line has sufficient capacity it will be given a commission of […]
Sri Lanka exports up 9.4-pct in April, trade gap down amid weak credit
June 20, 2014 (LBO) – Sri Lanka’s exports grew 9.4 percent to 762.2 million US dollars, while imports fell 5.3 percent in April from a year earlier, amid weak domestic credit, allowing foreign reserves to grow, official data showed.However Sri Lanka’s credit growth has been weak or negative in the past few months. When domestic […]
Football: Suarez double shatters England as Uruguay win
SAO PAULO, June 20, 2014 (AFP) – Luis Suarez scored twice as Uruguay sent England spinning towards their earliest World Cup exit in 56 years on Thursday with a 2-1 victory.Liverpool striker Suarez grabbed the second of two opportunistic goals in the 85th minute of a tense Group D battle in Sao Paulo after Wayne […]
Sri Lanka stocks close down 0.1-pct
June 19, 2014 (LBO) – Sri Lanka’s stocks closed 0.07 percent lower with index heavy John Keells Holdings losing ground despite net foreign buying, brokers said. Ceylon Tobacco Company closed 5.00 rupees lower at 990.00 rupees and Nestle Lanka closed 52.00 rupees higher at 1,975.00 rupees. Hayleys closed 6.80 rupees lower at 292.20 rupees and […]
Linked Up
June 19, 2014 (LBO) – Sri Lanka’s information technology sector is setting up an online portal to collaborate with universities, academics and students, an industry chamber said. SLASSCOM says the industry want to reach 5 billion US dollars in revenue and create 200,000 direct jobs and 1,000 start ups by 2022, for which active collaboration […]
Cricket: England look to seal Sri Lanka deal
LEEDS, June 19, 2014 (AFP) – England will hope to go one wicket better when they face Sri Lanka in the second and final Test of their series at Headingley on Friday.Alastair Cook’s new-look side were denied victory in the first Test at Lord’s on Monday after Sri Lanka No 11 Nuwan Pradeep got through […]
Sri Lanka parliament rejects UN war probe
COLOMBO, June 18, 2014 (AFP) – Sri Lanka’s parliament Wednesday rejected a UN-mandated investigation into alleged war crimes while crushing separatist Tamil rebels five years ago.Ruling party lawmakers voted overwhelmingly to resist a probe by the Office of the United Nations High Commissioner for Human Rights in line with a US-initiated censure move in March. […]