Category:
Sri Lanka shares end down in thin trade
Jan 06, 2009 (LBO) – Sri Lankan shares ended weaker Tuesday in thin trade, ignoring more military gains against Tamil Tiger rebels, brokers said.Ceylinco Insurance closed up 8.57 percent or 15 rupees at 190 rupees although share prices of most other listed members of the Ceylinco group weakened or remained flat. The Ceylinco Group has […]
Terminal Move
Jan 06, 2009 (LBO) – The Sri Lankan government will call for proposals from the private sector to build a container terminal in a new port being built next to Colombo before the end of January, a senior port official said. The Asian Development Bank has loaned the bulk of the funds for the infrastructure […]
Almost Full
Jan 06, 2009 (LBO) – A private container terminal in Colombo port which is the main money-spinner for Sri Lanka’s John Keells Holdings group, may be nearing its full capacity, analysts and port officials said. But the business was affected when JKH was forced to return its fuel tank farm to the port when the […]
Court Action
Jan 06, 2008 (LBO) – A Sri Lankan court has remanded three persons connected with Golden Key Credit Card Company, a crashed financial firm of the Ceylinco group, a reporter said. Seylan was put under the state-run Bank of Ceylon and its board of directors replaced by Sri Lanka’s central banks after depositors started to […]
Pink iguanas discovered on Galapagos Islands
QUITO, January 6, 2009 (AFP) – A team of Ecuadoran and Italian researchers have discovered a unique species of pink land iguanas living on the Galapagos Islands, the scientist who wrote the report told AFP. “It is surprising to have found in the 21st century a find of this magnitude,” said Washington Tapia, head of […]
Sri Lanka moves to flush out Tigers from Jaffna peninsula
January 6, 2009 (AFP) – Sri Lankan troops were battling Tuesday to flush out Tamil Tigers from the Jaffna peninsula after taking the rebels’ political headquarters in the northern mainland, the military said.Security forces were pushing into remaining rebel-held territory in the Jaffna area after taking a part of the Elephant Pass, a causeway linking […]
Sri Lanka Ceylinco Insurance says life premium up 20-pct
Jan 06, 2009 (LBO) – Sri Lanka’s Ceylinco Insurance Company said premium income at its life division rose 20.37 percent to 7.4 billion rupees in the 12 months to November, 2008. Benefits paid out to policyholders exceeded two billion rupees in the first 11 months of 2008, while the company’s solvency margin remained at five […]
‘s Dilshan fires team to record Test win
CHITTAGONG, January 6, 2009 (AFP) – Tillakaratne Dilshan gave a superb all-round performance to power Sri Lanka to a record 465-run victory over Bangladesh in the second and final Test here on Tuesday.It was the fifth-largest win by runs in the history of the game. It was also Sri Lanka’s biggest victory in 182 Tests […]
Sri Lanka urged by UK to set out political solution to conflict
Jan 06, 2009 (LBO) – The British government has urged Sri Lanka to urgently draw up a political solution to the ethnic crisis following the fall of a key Tamil Tiger rebel stronghold to the army.“This is the only way to achieve a strong and sustainable peace in Sri Lanka in which all communities can […]
Sri Lanka business chambers condemn attack on TV station
Jan 06, 2009 (LBO) – Sri Lanka’s top business chambers condemned an attack on a private television station, saying the government’s credibility is at stake if it failed to bring the culprits to justice and prevent further attacks. The Ceylon Chamber of Commerce and Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL) […]
Attack on Sri Lanka broadcaster is criminal: United States
Jan 06, 2008 (LBO) – The United States has strongly condemned an attack on an independent broadcaster in Sri Lanka by a heavily armed group that stormed its main studio facilities and called for swift investigation. A similar raid was conducted by a group of armed men against the independent The Sunday Leader newspaper, who […]
Sri Lanka private TV station attacked
Jan 06, 2009 (LBO) – An independent privately-owned TV station in Sri Lanka was attacked by an armed gang who stormed its main studio complex in the outskirts of the capital Colombo, an official said.An MTV employee said a group of around dozen or more persons had arrived in a white van around 2.00 am, […]