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Sangakkara seeks Sri Lanka win in 100th Test
September 14, 2011 (AFP) – A hugely proud Kumar Sangakkara hopes Sri Lanka will celebrate his 100th Test appearance with a series-levelling victory over Australia in the final match in Colombo from Friday. “It’s a great honour to have represented my country for a period of time, and also a great honour to play 100 […]
US urges Sri Lanka to boost Tamil police
September 14, 2011 (AFP) – The United States on Wednesday urged Sri Lanka to deploy more minority Tamils to police the island’s former northern conflict zone to help “heal the wounds of war”. Tamils in the formerly embattled region feel intimidated by the presence of predominantly Sinhalese-speaking government forces and police, US Assistant Secretary of […]
‘s growth to slow: ADB
HONG KONG, September 14, 2011 (AFP) – Asia’s developing economies will post slower-than-expected growth this year and next as key trading partners reduce orders due to worries about the global economy, a report said Wednesday. However, the region will continue to see strong expansion as it makes up for lost exports to the developed world […]
Sri Lanka gets Indian aid for English training
Sept 14, 2011 (LBO) – Sri Lanka is to get Indian aid to improve training in English language skills in the island, seen as a critical need especially in the corporate sector, under an agreement signed between the two governments. The deal provides for equipment and teaching aids from India for setting up 30 language […]
Sri Lanka investments being mulled by Korea
Sept 14, 2011 (LBO) – South Korean firms like Hyundai and LG are interested in exploring investements in shipbuilding and electronics in Sri Lanka, the island’s ministry of industry and commerce said. The interest of Korean companies was revealed by South Korean ambassador Jongmoon Choi during a courtesy call on the industry and commerce minister […]
Sri Lanka rupee pressured, liquidity tightens
Sept 13, 2011 (LBO) – Sri Lanka’s rupee continued to be pressured in forex markets with the spot dollar held at 110. 10 rupees with forex sales by authorities Tuesday, dealers said, while liquidity tightened despite fresh injections. Excess liquidity in the interbank market fell to 27. 6 billion rupees Tuesday from 31.4 billion rupees […]
Sri Lanka stocks end down 0.5-pct
Sep 13, 2011 (LBO) – Sri Lankan stocks slumped again Tuesday continuing a slide that began towards the end of last week, with the highlight being trading in Lanka Milk Foods in which there were several deals, brokers said. The main All Share Price Index fell 0.54 percent (37.58 points) to 6,930.04, while the more […]
Australian cows to prop up Sri Lanka rupee, increase incomes
Sept 13, 2011 (LBO) – Sri Lanka’s state-run cattle farms are getting cows from Australia to become ‘self sufficient’ in milk and reduce “the drain on the country™s foreign exchange resources”, the finance ministry said. A 12.9 million US dollar project co-financed by Australia’s Export Finance Insurance Corporation (EFIC) Cooperative and Centrale Raiffeisen-Boerenleenbank (Rabobank) of […]
Animal Sacrifice
September 13, 2011 (AFP) – A Sri Lankan minister led a protest march on Tuesday that forced organisers to abandon an annual Hindu sacrifice ritual in which hundreds of goats were due to slaughtered. Public Relations Minister Mervyn Silva, a member of the Buddhist majority, arrived at the Munneswaram Hindu temple, 80 kilometres (50 miles) […]
UN Report
UNITED NATIONS, September 13, 2011 (AFP) – UN leader Ban Ki-moon on Monday sent a report accusing Sri Lankan troops of killing tens of thousands of civilians to the UN Human Rights Council, bringing a potential international inquiry one step closer. Ban has said that he alone cannot order an inquiry into the killings during […]
Foreign Relations
Sept 13, 2011 (LBO) – The Sri Lanka unit of UAE’s Etisalat said it is offering a discounted international call package to migrant workers in partnership with the island’s main foreign employment agency association. “As an international company operating in a country that has a significant segment of its labor force working overseas, we understand […]
Sri Lanka solid waste power plant by Malaysian firm
Sept 13, 2011 (LBO) – Malaysia’s Octagon Consolidated said it close to finalizing a 40MegaWatt municipal waste burning power plant in the Western Province Sri Lanka where the island’s capital is located. The westerna province waste management authority had earlier said in its website that it was negotiating a 40MW waste burning plant with a […]