Category:
Fin
June 18, 2009 (AFP) – Sri Lanka’s top rights panel said Thursday it has concluded investigations into the murder of 17 local employees of a French charity and six other high profile cases from the island’s civil war.The head of the probe, however, refused to say who had been found responsible for the 2006 massacre […]
Doomed mammoths hung on for several millennia: study
PARIS, June 17, 2009 (AFP) – Woolly mammoths survived in Britain until 14,000 years ago, around 6,000 years longer than previously thought, according to a study released Thursday.The study should settle a raging debate over the extinction of mammoths in Europe, unleashed when fossils from an adult male and four youngsters were found in the […]
India enters deflation as economy slows
NEW DELHI, June 18, 2009 (AFP) – India’s annual inflation rate slipped into negative territory, official data showed Thursday, with the country’s slowing economy cutting into demand.Inflation stood at minus 1.61 percent for the week ended June 6, down from 0.13 percent the previous week, according to the Wholesale Price Index, India’s most watched cost-of-living […]
Pakistan arrests Sri Lanka cricket attack suspect: police
LAHORE, June 17, 2009 (AFP) – Pakistani police said Wednesday they had arrested one of seven men from a shadowy Taliban-linked group accused of plotting the deadly attack on the Sri Lankan cricket team in Lahore.Six policemen and two civilians were killed and seven Sri Lankan squad members were injured when militants launched a gun […]
Flair all round as Sri Lanka face Windies
LONDON, June 18, 2009 (AFP) – West Indies are confident of chasing nearly any total in this event; Sri Lanka believe there is no score they can’t defend.Clearly, something will have to give in their World Twenty20 semi-final. Friday’s match at the Oval sees two exciting sides up against one another and, while Sri Lanka […]
South Bunker
June 18, (LBO) – Sri Lanka is getting a 65 million US dollars loan from China’s Exim Bank to build an oil storage facility in the Southern coastal town of Hambantota, a senior government minister said. “The objective of this project is to supply and store marine fuel, aviation fuel and LP gas and provide […]
Rising Oil
June 18, 2009 (LBO) – Lanka IOC, a unit of the Indian Oil Corporation had asked Sri Lanka’s petroleum ministry permission to raise petrol and diesel pump prices by 21 to 23 rupees a litre to stem losses amid rising oil prices, an official said. IOC managing director Suresh Kumar said his firm had lost […]
Sri Lanka lose 96,000 industrial jobs: official survey
June 18, 2009 (LBO) – Sri Lanka’s industrial sector has lost 96,000 jobs in the first quarter of 2009 with the apparel workers losing 60,000 jobs and construction workers losing 36,000 jobs, according to a government survey. But Fernando said the change was not statistically significant. The latest data includes Sri Lanka’s Eastern province, but […]
Sri Lanka meeting admits Maldives into regional clearing group
June 18, 2009 (LBO) – the Asian Clearing Union (ACU), regional transaction settlement arrangement that tries aimed at by passing hard currency use, has admitted Maldives at a meeting held in Sri Lanka’s capital Colombo. The ACU headquartered in Iran is made up of the Bangladesh Bank, Royal Monetary Authority of Bhutan, Reserve Bank of […]
Sri Lankan stocks close up 2.2-pct
June 17, 2009 (LBO) – Sri Lankan stocks extended gains Wednesday, as high volume transactions on diversified conglomerates, banks and hotels propped up the market, brokers said. Dialog Telekom, a unit of Telekom Malaysia was active with 1.37 million shares trading mostly at 5.50 rupees, its closing price. Brokers said hotel stocks were also active […]
Business leaders out to put India on US map
WASHINGTON, June 17, 2009 (AFP) – US and Indian business leaders meet Wednesday in a bid to put a new focus on the South Asian power, whose warming US ties have ironically kept it off the new administration’s first priorities.Secretary of State Hillary Clinton is expected to deliver an address charting out the administration’s path […]
Sri Lanka bank on spinners for success
NOTTINGHAM, June 17, 2009 (AFP) – Sri Lanka expect the spinners to pick up another rich haul when they take on the West Indies in the World Twenty20 semi-final at the Oval on Friday. The Sri Lankans have bulldozed their way through the tournament with five straight wins, mainly on the back of spin twins […]