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Sri Lanka pile on huge lead in Bangladesh Test
CHITTAGONG, January 5, 2009 (AFP) – Tillakaratne Dilshan and Thilan Samarweera smashed unbeaten half-centuries to put Sri Lanka in the driver’s seat on the third day of the second Test against Bangladesh here on Monday.Dilshan, who top-scored with 162 in the first innings, hit 81 while Samarweera scored 72 as the visitors reached 296-4 in […]
Sri Lanka consolidate in second Bangladesh Test
CHITTAGONG, January 5, 2009 (AFP) – Sri Lanka lost two quick wickets before reaching 95-2 in their second innings at lunch on the third day of the second Test against Bangladesh here on Monday. Sri Lanka lead the two-Test series 1-0 after winning the opener in Dhaka by 107 runs. The visitors, who made 384 […]
Cell Rules
Jan 04, 2009 (LBO) – Sri Lanka will issue new rules covering financial transactions through mobile phones, Central Bank Governor Nivard Cabraal said, as the island’s fast growing celcos join banks to offer new payment methods. “Given the increased usage of mobile phones for financial transactions, the Central Bank intends to issue new operating guidelines […]
Japan registers small tsunami waves after Indonesia quakes
TOKYO, January 4, 2009 (AFP) – Japan’s Pacific coast was lapped by minor tsunami waves Sunday after a string of powerful earthquakes off Indonesia, the country’s meteorological agency said.Waves up to 40 centimetres (1.3 feet) reached the Pacific coasts of islands from the Okinawan chain to the main island of Honshu, the agency said. The […]
Sri Lanka investors wooed by Maldives
Jan 04, 2009 (LBO) – The new government in the Maldives, in move to privatize the economy, is looking at selling state-owned businesses and becoming more investor friendly, the Maldivian leader said on a visit to Colombo. We come here to open the country for business. We are looking at an ambitious decentralization program. We […]
Sri Lanka moves in on Tiger HQ, vows to take supremo
KILINOCHCHI, January 4, 2009 (AFP) – Sri Lanka’s army said Sunday it was moving in on the jungle stronghold of the Tamil Tiger rebels, in a final assault aimed at ending the longest-running ethnic war in Asia.Flush with confidence after retaking their main city two days ago, the army vowed to capture rebel leader Velupillai […]
Sri Lankan troops fighting towards Tiger HQ: govt
KILINOCHCHI, January 4, 2009 (AFP) – Sri Lanka said Sunday its troops were battling towards the jungle headquarters of the Tamil Tigers, two days after retaking their main city in a military assault that the government said would crush the guerrillas once and for all.Government soldiers consolidating their new positions in Kilinochchi, the former Tamil […]
Sri Lanka troops may face tough jungle battles ahead: analysts
January 4, 2009 (AFP) – Sri Lankans celebrated the fall of the Tamil Tigers’ de facto capital with street parties, but military observers say bloodier battles may still lie ahead as the rebels take refuge in the jungles.by Amal Jayasinghe “This is certainly not the end of the war,” Sithadthan said. “We can say this […]
Sri Lanka central bank promises single digit inflation in 2009
Jan 03, 2009 (LBO) – Sri Lanka’s central bank has promised single digit inflation amid deflationary external conditions and the possibility of a looser stance and lower interest rates in 2009, in its annual road map for monetary policy. In the last few months inflation has been falling with the effects of external deflationary conditions […]
Sri Lanka to give incentives for foreign remittances
Jan 03, 2009 (LBO) – Sri Lanka will give incentives to expatriate citizens to bring their saving home in the form of higher interest rates and lower taxes, Central Bank Governor Nivard Cabraal said.But a severe crash crunch in the government has led to a new surge of money printing in December, adding more pressure […]
Three wounded in Colombo blast
January 3, 2009 (AFP) – At least three people were wounded in a bomb blast in Sri Lanka’s capital Colombo on Saturday, a day after a suicide bomb attack killed two people elsewhere in the city, police said. The latest explosion was outside a mosque in Colombo’s commercial area of Pettah, police said, adding that […]
‘ military HQ
January 3, 2009 (AFP) – Sri Lankan troops advanced Saturday on the military headquarters of the Tamil Tigers, a day after capturing the rebels’ de facto political capital in the north of the island. The defence ministry said forces were moving towards Mullaitivu, the jungle district along the northeastern seaboard, where the Tigers are known […]