Category:
Cruise Call
May 22, 2011 (LBO) – India’s first cruise ship, Chennai flagged AMET Majesty will make calls on Sri Lanka’s Colombo and Trincomalee ports when it begins high seas cruises in June, a media report said. India is already the largest generator of tourists to Sri Lanka. Arrivals have boomed since the island introduced visa on […]
” UK staff
NEW DELHI, May 22, 2011 (AFP) – Indian tycoon Ratan Tata has denied calling his British staff lazy after a London newspaper quoted him attacking them for heading home early on Friday afternoons. The Tata Group issued a statement after the Times published an interview in which he described how “nobody is willing to go […]
Pakistan urges Sri Lanka tour despite trouble
KARACHI, May 22, 2011 (AFP) – Pakistan have officially invited Sri Lanka to contest a home series in the hope that the two governments can sort out a tour due to start in October, an official said Sunday. Gunmen attacked the Sri Lankan team in March 2009 in Lahore injuring seven Sri Lankan players and […]
Ton-up again for Sri Lankan duo as Lions struggle
DERBY, May 21, 2011 (AFP) – Sri Lanka batsmen Tillakaratne Dilshan and Tharanga Paranavitana both scored their second centuries in as many matches as they warmed-up for next week’s first Test in Cardiff by hauling the islanders back into their contest against the second string England Lions. Dilshan (117) and Paranavitana (125), following on from […]
A call against ad hoc state food restrictions in new bubble
BIG SKY, May 22, 2011 (AFP) – As high food prices push millions of people into poverty, major farming nations are resisting calls to impose trade restrictions and are committing to keep global markets open. APEC — a 21-member Asia-Pacific bloc that encompasses more than half of the world economy and includes the United States, […]
Sri Lanka aims for better rating before $1 bln bond sale
May 21, 2011 (AFP) – Sri Lanka is hoping for a better credit rating to boost its plans to sell a $1 billion sovereign bond this year, an official said Saturday, ahead of a visit by ratings agencies. The Central Bank’s deputy governor Dharma Dheerasinghe said the agencies, Standard and Poor’s, Fitch and Moody’s, will […]
Boot Camp
May 21, 2011 (AFP) – Sri Lanka’s Supreme Court has suspended a government plan to make military training compulsory for students who qualify for university education, an official said Saturday. The top court late Friday ordered the education ministry to delay implementation of the training programme until a ruling is made on a legal challenge […]
Sri Lanka war-torn regions to show highest nominal growth: CB Governor
May 21, 2011 (LBO) – Sri Lanka former war-torn has shown the highest nominal growth among all regions (before inflation adjustment) after the end of a 30-year war and the momentum is expected to continue, Central Bank Governor Nivard Cabraal said. The war in the north ended in May 2009, but military activities in the […]
Sri Lanka shares end down 0.11-pct
May 20, 2011 (LBO) – Sri Lankan shares closed weaker Friday despite a strong opening after rallying the day before when a deadline to clear broker credit was extended to the end of the year, brokers said. The main All Share Price Index closed at 7,479.63, down 0.11 percent (7.98 points) while the more liquid […]
Sri Lanka mulls global action against Ceylon tea counterfeits
May 20, 2011 (LBO) – Sri Lanka’s Tea Board aims to hire an international agency for global surveillance of the island’s Ceylon tea brand under the ‘Lion’ logo to prevent its misuse and sale of counterfeits, an official said. The planned action comes in the wake of the island launching new logos for Ceylon tea […]
‘s 31-year-old king to marry
NEW DELHI, May 20, 2011 (AFP) – The 31-year-old king of Bhutan, an Oxford-educated bachelor crowned in the remote Himalayan country in 2008, set up another royal wedding on Friday by announcing his engagement. Jigme Khesar Namgyel Wangchuck revealed his intention at the opening session of parliament, a secretary from the ministry of information, Dasho […]
‘s IMF director hits method for naming chief
WASHINGTON, May 19, 2011 (AFP) – India’s IMF director on Thursday said the institution needs to revamp how it chooses it managing director, after decades of as “consensus” that let Europeans monopolize the top position. Hours after the resignation of International Monetary Fund chief Dominique Strauss-Kahn of France to fight sexual assault charges in New […]