Category:
Sri Lanka Treasuries steady
Dec 08, 2010 (LBO) – Sri Lanka Treasuries yeilds were steady at Wednesday’s despite raising fresh debt, the government’s debt office said. The 3-month yield edged 01 basis point lower to 7.27 percent, the 6-month yield was flat at 7.39 percent and the 12-month yield was also flat at 7. 55 percent. The government sold […]
Sri Lanka stocks fall amid IPO debut
Dec 08, 2010 (LBO) – Sri Lanka stocks closed 0. 2 percent lower Wednesday, extending losses as Laufgs Gas, a liquefied petroleum gas distributor debuted on the market closing four rupees above its offer price. The All Share Price Index closed at 6,454. 31, down 0.23 percent (14.77 points) while the Milanka index of liquid […]
Paradise Road
Dec 08, 2010 (LBO) – Sri Lanka is considering having “concessionary” bus fares at peak hours to help “private and public workers” one of the country’s transport ministers have told parliament, a media report said The minister for ‘private transport services’ C B Ratnayake was quoted as saying in the Daily Mirror newspaper that a […]
Sri Lanka in US cruise call for 2011
Dec 08, 2010 (LBO) – Sri Lanka has been included in South Asian cruises run by Zegrahm, a US based cruise company, with calls at three key ports in the island in 2011, according to the travel calendar released by the firm. Sri Lanka ended a 30-year war in May 2009 and the country has […]
Sri Lanka runs out of chicken as tourists flock to island
December 8, 2010 (AFP) – Sri Lanka is set to import chicken for the first time in over two decades as consumption zooms due to a tourist bonanza and rising incomes on the formerly war-ravaged island, a minister said Wednesday. Trade Minister Johnston Fernando said he had ordered the import of 2,500 tonnes of chicken […]
Getting Choosy
Dec 08, 2010 (LBO) – Britain intends to restrict entry of foreigners for study with tougher criteria for adult students and stricter accreditation procedures for private sector education providers, a statement said. They aim to ensure students return overseas after their course, limit entitlements to work and to sponsor dependants and simplify procedures for checking […]
Thai Crackdown
BANGKOK, December 8, 2010 (AFP) – Thai authorities said Wednesday they had arrested 45 migrants from Sri Lanka in the latest of a series of crackdowns in recent months. The Sri Lankans, who were rounded up at a crowded apartment in a Bangkok suburb, appear to be economic migrants hoping to travel to a third […]
Open Door
SAN FRANCISCO, December 8, 2010 (AFP) – Amazon will make its Kindle electronic books available for reading on Web browsers beginning early next year, with people’s digital collections saved in the Internet “cloud.” Amazon executives on Tuesday showed off “Kindle for the Web” at a Google press event introducing a new, swifter version of the […]
India to attend Nobel ceremony: report
NEW DELHI, December 7, 2010 (AFP) – India will attend Friday’s Nobel peace prize ceremony in Oslo for jailed Chinese dissident Liu Xiaobo, the country’s national news agency said on Tuesday. The Press Trust of India (PTI) did not give details or say who will represent India at the ceremony. Indian Foreign Ministry spokesman Vishnu […]
Sri Lankan migrants held in Thailand
BANGKOK, December 8, 2010 (AFP) – Thai authorities said Wednesday they had arrested 45 migrants from Sri Lanka in the latest of a series of crackdowns in recent months. Sri Lanka’s crackdown on the Tamil Tigers, which ended a lengthy civil war last year, has resulted in a flood of people seeking asylum in other […]
Nineteen countries decline Nobel ceremony invite: organisers
OSLO, December 7, 2010 (AFP) – Nineteen countries will shun Friday’s Nobel Peace Prize ceremony in Oslo for jailed Chinese dissident Liu Xiaobo, the Nobel Institute said, following Chinese pressure for a global boycott. “You only have to look at the figures. The vast majority of countries invited will be represented,” Nobel Institute director Geir […]
Opening Shot
Dec 08, 2010 (LBO) – Shares of Sri Lankan liquid petroleum gas supplier Laugfs Gas, sold at 23 rupees in a public offer, opened higher but came under selling pressure, brokers said. The firm offered 75 million ordinary shares at 23 rupees to raise 1,725 million rupees, and 52 million non-voting shares at 15 rupees […]