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‘s Jayawardene eyes India challenge after Pakistan rout
LAHORE, January 24, 2009 (AFP) – Sri Lankan captain Mahela Jayawardene said his team were progressing well and he was looking forward to facing India after thumping Pakistan Saturday to win the one-day series 2-1.Jayawardene’s team beat the home side by a whopping 234 runs in the third and final day-night international — the heaviest […]
‘s other war keeps media on the run
January 25, 2009 (AFP) – Sri Lanka is in the grip of its biggest military offensive against Tamil Tiger rebels, but the country’s journalists are also facing an unprecedented battle of their own. Unidentified attackers stabbed weekly newspaper editor Upali Tennakoon and smashed his car as he drove to work Friday in the latest in […]
Indian PM undergoes heart bypass surgery
NEW DELHI, January 24, 2009 (AFP) – India’s 76-year-old Prime Minister Manmohan Singh underwent heart bypass surgery Saturday, raising questions about his political future with general elections looming.Doctors decided to perform the surgery, which was due to take up to eight hours, after Singh complained of chest pains earlier in the week. The procedure began […]
Sri Lankan troops seize Tiger camps: military
January 24, 2009 (AFP) – Sri Lankan security forces captured two Tamil Tiger guerrilla camps after heavy fighting in the island’s northeast, the military said Saturday.Government forces have been steadily advancing into the remaining territory held by the Liberation Tigers of Tamil Eelam (LTTE) in the coastal district of Mullaittivu. “Sri Lanka army Task Force […]
Sri Lanka LNG power plant to Australian consultancy
Jan 24, 2009 (LBO) – Sri Lanka has given tax concessions to an Australian consultancy to develop a 488 MegaWatt liquefied natural gas (LNG) fired power plant for the state-run electricity grid, the island’s investment promotion agency said. There was no mention whether a minimum volume has been guaranteed or whether a formal power purchase […]
Sri Lanka media freedoms under threat: US
January 24, 2009 (AFP) – Continuing attacks against journalists in Sri Lanka show the deteriorating conditions media workers face in the country, a statement released by the US embassy here said Saturday.In the statement, US State Department acting spokesman Robert A. Wood said the United States was appalled by ongoing physical attacks and threats against […]
Media freedoms under threat in Sri Lanka: US
January 24, 2009 (AFP) – Continuing attacks against journalists in Sri Lanka show the deteriorating conditions media workers face in the country, a statement released by the US embassy here said Saturday.In the statement, US State Department acting spokesman Robert A.Wood said the United States was appalled by ongoing physical attacks and threats against the […]
Sri Lanka must act on violence against media: Amnesty
LONDON, January 23, 2009 (AFP) – Sri Lankan authorities must ensure that the island’s media can work freely and safely, Amnesty International said Friday, as a string of violent attacks against reporters escalated.“By threatening journalists with the risk of arrest, and failing to protect them from attack, the government is failing its citizens.” The London-based […]
Dollar Account
Jan 23, 2009 (LBO) – The Sri Lanka Ports Authority (SLPA) is awaiting government approval to operate a ‘dollar account’ to cut mounting foreign exchange losses due to a strong rupee and an appreciating yen, a senior official said. “We are planning to get a dollar account. If we can get permission from central bank […]
Long Voyage
Jan 23, 2009 (LBO) – Sri Lanka’s Galle port is sprucing itself up with a new yacht marina in a bid to attract the high-spending sailors who sail past the island’s south coast on their round-the-world voyages. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 “The facilities […]
Liquidity
Jan 23, 2009 (LBO) – Sri Lankan registered finance company sector (RFC) which has been shaken by recent collapses of unregulated institutions should be able to overcome liquidity problems, a rating agency has said. RAM Ratings say that the collapse of Sakvithi and Golden Key, two unregulated firms had affected public confidence. “So much so […]
Sri Lanka tea prices on the upswing
Jan 23, 2009 (LBO) – Prices of tea, Sri Lanka’s main export commodity, rose again at this week’s Colombo auction on strong demand from traditional markets like Russia and the Middle East. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 Brokers said there was good demand for […]