Sri Lanka finally taste Cup success as India crumble

DHAKA, April 7, 2014 (AFP) – Sri Lanka’s stunning victory over India in the World Twenty20 final underlines how success in hit-and-run cricket depends not on form, but on how a team performs over those three hours in the field. Singh’s inconsistent form, which has already seen the cancer survivor axed from the Test and […]

Cricket: Sri Lankan suffers heart attack after betting on India

COLOMBO, April 7, 2014 (AFP) – A Sri Lankan fruit seller suffered a massive heart attack and died after he lost a $300 bet that India would win the cricket World T20 tournament, police said Monday. S. P. Kumara placed the 40,000-rupee bet on the eve of Sunday’s final, wrongly predicting that Sri Lanka would […]

Cricket: Sri Lanka beat India to win World Twenty20

DHAKA, April 6, 2014 (AFP) – Kumar Sangakkara hit a memorable half-century to help Sri Lanka to a six-wicket victory over India in the World Twenty20 final in Dhaka on Sunday. The veteran left-hander knocked a 35-ball 52 not out in his last Twenty20 match to guide the Sri Lankan chase of a modest 131-run […]

Sri Lanka celebrates biggest cricket win in 18 years

COLOMBO, April 6, 2014 (AFP) – Sri Lanka fans at home burst firecrackers and danced on the streets as the national team won the World Twenty20 title beating India by six wickets in Dhaka on Sunday. Instant celebrations broke out at cricket grounds and public parks in the capital Colombo as well as in suburban […]

’s social progress, as depicted by Michael Porter

Apr 07, 2014 (LBO) – Michael Porter has been one of the most successful business theorists. It could even be said that certain parts of business curricula were invented by him. Like most business-school professors, he likes markets, dislikes excessive government intervention and subsidies and so on. Porter, we are informed by Nicholas Kristof of […]

Sri Lanka tourist arrivals up 17.5-pct in March 2014

Apr 06, 2014 (LBO) – Sri Lanka’s tourist arrivals rose 17.5 percent to 133,048 in March 2014 from a year earlier backed by strong growth from Eastern Europe, East Asia and India, official data showed. Newly emerging Poland extended gains rising 67.2 percent to 1,903. In the first quarter Poland had generated 6,354 visitors up […]

Internet Freedoms

WASHINGTON, April 6, 2014 (AFP) – It could be a difficult breakup between the US government and the Internet.A plan unveiled last month would see the US relinquish its key oversight role for the Internet, handing that over to “the global multistakeholder community.” US officials say the move is part of a longstanding effort to […]

Sri Lanka to field against India in World T20 final

DHAKA, April 6, 2014 (AFP) – Sri Lanka’s stand-in captain Lasith Malinga won the toss in the World Twenty20 final in Dhaka on Sunday and sent India in to bat.Umpires: Ian Gould (ENG) and Richard Kettleborough (ENG) The start was delayed by 40 minutes due to rain, but will be played over the full duration […]

Southern Port

Apr 05, 2014 (LBO) – Vehicle transshipments through Sri Lanka’s Hambantota port in the South of the country has picked up with over 200 roll-on-roll-off car carriers calling since it began operations in nearly two years ago.Canada’s SNC Lavolin Canadian International Company had conducted the feasibility study of the port and the basic designs were […]

India, Sri Lanka set for intriguing World T20 final

DHAKA, April 5, 2014 (AFP) – Sri Lanka face a daunting test of nerves from dominant India in Sunday’s all-Asian World Twenty20 final in Dhaka that is rich with incentives for both teams.Meanwhile, defending champions Australia will take on England in the women’s final at the Sher-e-Bangla stadium a few hours before the men take […]

India presses Sri Lanka to share power with Tamils

COLOMBO, April 4, 2014 (AFP) – India has asked Sri Lanka to grant limited autonomy to its ethnic Tamil minority and ensure “genuine reconciliation” five years after crushing Tamil guerrillas, New Delhi’s top envoy said Friday.Indian High Commissioner (ambassador) Y.K. Sinha said New Delhi had also urged Colombo to probe allegations that its troops killed […]

Sri Lanka shares close up 0.6-pct

Apr 04, 2014 (LBO) – Sri Lanka’s shares close up 0.60 percent higher Friday with tobacco and telco stocks gaining amid strong foreign selling on diversified stocks, brokers said. The Colombo benchmark All Share Price Index closed 36.08 points higher at 6,054.55 up 0.60 percent. The S&P SL20 closed 27.60 points higher at 3,323.10, up […]

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