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Sri Lanka electrocution deaths excessively high: regulator
Mar 07, 2014 (LBO) – Excessively large numbers of people are dying in Sri Lanka from electrocution partly due to illegal power tapping, unsafe practices and carelessness, a regulatory official said.We are not an electrically safe country, Nilantha Sapumanage, Director Inspectorate of Public Utilities Commission of Sri Lanka told a forum in Colombo organized by […]
Cricket: Sangakkara, Afridi set to light up Asia Cup final
DHAKA, March 7, 2014 (AFP) – Rampaging Shahid Afridi and prolific Kumar Sangakkara have set the stage for a rousing contest when Pakistan face Sri Lanka in the Asia Cup one-day final in Dhaka on Saturday.Angelo Mathews’ Sri Lanka have been the dominant team in the five-nation event with four straight victories in the league, […]
‘s fastest growing firms to join US-based AllWorld Network
Mar 07, 2014 (LBO) – Sri Lanka firms and start-ups could gain wide visibility which will win them more business and financial backing after the island joined the AllWorld Network, a grouping of fast-growing companies, officials said.“Those companies are not growing at 5 percent,” Anne Habiby, co-founder of AllWorld Network told a forum in Colombo […]
Sri Lanka stocks close up 0.4-pct
Mar 06, 2014 (LBO) – Sri Lanka’s stocks close 0.43 percent higher Thursday with index heavy John Keells Holdings extending gains, brokers said. Ceylon Tobacco Company closed flat at 1,120.00 rupees and Distilleries closed 80 cents lower at 204.20 rupees. DFCC bank closed 1.90 rupees higher at 144.10 rupees and NDB Bank ended 1.00 rupee […]
Car Parade
Mar 06, 2014 (LBO) – A British car day will be held on March 16, with classic cars and motorbikes dating back from the 1930s to be on parade in Sri Lanka’s capital Colombo.The owners will dress in “period outfits, adding to the authenticity of the event and bringing a touch of humor,” the organizer […]
Fast Phone
Mar 06, 2014 (LBO) – Sri Lanka’s Dialog Axiata said it had offering a 4G Smartphone to its own-brand range.Customers wanting to upgrade to the firms 4G-LTE network with burst speeds of up to 40Megabits per second could use the Dialog Q 143L Smartphone, the firm said in a statement. “Sri Lankan mobile users are […]
Los Angeles bans e-cigarettes in public places
LOS ANGELES, March 5, 2014 (AFP) – Los Angeles lawmakers voted Tuesday to ban e-cigarette use in public places where tobacco smoking is prohibited, including work places, restaurants and bars.The LA City Council agreed by 14-0 to outlaw their use in indoor workplaces, outdoor dining areas, parks, recreational areas, beaches, bars and nightclubs where lighting […]
‘s farmland returns to the wild
CAMPANARIOS DE AZABA, March 6, 2014 (AFP) – In an oak wood spanning the border of Spain and Portugal, an ancient sight unfolds: wild horses, not saddled or shoed, but roaming free as they did centuries ago.Farming has declined in Spain, leaving the countryside deserted, conservationists say. Now the wild things are coming back: wolves, […]
Sri Lankan bowlers restrict Bangladesh to 204-9
DHAKA, March 6, 2014 (AFP) – Sri Lanka bowled a tight line and length to restrict Bangladesh to a modest 204-9 in their last league match of the Asia Cup in Dhaka on Thursday.Spinners Ashan Priyanjan (2-11) and Ajantha Mendis (2-55) put the brakes on after Bangladesh won the toss and made a promising start, […]
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GENEVA, March 5, 2014 (AFP) – Sri Lanka on Wednesday dismissed a UN report calling for an international probe into allegations of war crimes at the end of its civil war as “fundamentally flawed.” Foreign Minister Gamini Lakshman Peiris said his government rejected a report from UN human rights chief Navi Pillay “in its entirety,” […]
Sri Lanka Treasuries yields steady
Mar 05, 2014 (LBO) – Sri Lanka’s short term Treasuries yields eased slightly while the 12-month yield was unchanged at 7.07 percent at Wednesday’s auction, data from the state debt office showed. The debt office sold 01 billion rupees of 3-month bills, 7.7 billion rupees of 6-month bills and 18.2 billion rupees in 12-month bills […]
” rating confirmed: Fitch
Mar 05, 2014 (LBO) – Fitch Ratings said it had confirmed a ‘BBB(lka)’ rating of Sri Lanka’s HDFC Bank, a mortgage lenders, with stable outlook. Fitch said the rating reflected a 51 percent ownership of the state which is expected to bring support. The ratings could be affected if it is merged or acquired by […]