Sonic booms cause panic in Sri Lanka’s capital
June 23, 2006 (AFP) - Sri Lanka's capital Colombo was thrown into panic Friday after sonic booms caused by jet fighters were mistaken for bomb blasts off the …
Bank of Ceylon may double foreign loans to boost Sri Lanka’s balance of payments
June 22, 2006 (LBO) - The Bank of Ceylon is to increase foreign borrowings to 400 million dollars this year, to boost Sri Lanka’s balance of payments …
Big Bank
June 22, 2006 (LBO) – Sri Lanka will merge several state-owned banks catering to small medium sector enterprises into one larger bank, a top government …
Plum Job
June 22, 2006 (LBO) – Sri Lanka Thursday appointed Ajith Nivard Cabraal as the governor of the Central Bank, president Mahinda Rajapakse’s office …
Hemas Holdings may jointly develop hotels with Thailand’s Minor International
June 22, 2006 (LBO) – Sri Lanka's Hemas Holdings Ltd may partner with Thailand's largest quoted resort and fast food operator Minor International Public …
Sweet Revenge
June 22, 2006 (LBO) – Sri Lanka announced plans to set up a special company to take over bad debts of state banks and revive the failed Pramuka Bank …
Keeping Tabs
June 22, 2006 (AFP) - Sri Lanka Thursday announced plans to re-launch a state institution to investigate complaints against newspapers despite the existence of …
Direct Orders
June 22, 2006 (LBO) – Sri Lanka Thursday said it will begin registering and regulating all broadcast satellite services, amidst the recent controversial …
Most common nouns in English? I wouldn’t give them the time of day
LONDON, June 22, 2006 (AFP) - A new list of the most common nouns in the English language published in the latest Oxford dictionary reveals that English …
Tigers’ demand on EU truce monitors ‘impractical’: Sri Lanka
June 22, 2006 (AFP) - Sri Lanka Thursday labelled as "impractical" a demand by Tamil Tiger rebels that European Union truce monitors on the troubled island be …
Tamil Tiger faction recruiting more child soldiers: UNICEF
June 22, 2006 (AFP) - A breakaway faction of Tamil Tiger rebels has increased the recruiting of child soldiers, with 30 cases being reported in the past week …
Government non-committal on amending Sri Lankan truce
June 22, 2006 (AFP) - Sri Lanka's government Thursday remained non-committal to demands that a failing ceasefire agreement be amended so as not to restrict …
Sri Lanka’s city development agency to issue a billion rupees in bonds
June 21, 2006 (LBO) - Sri Lanka's Urban Development Authority (UDA) plans to raise a billion rupees in bonds to finance an office development project, top …
Sri Lanka’s borrowing costs rise
June 21, 2006 (LBO) - Sri Lanka's borrowing costs went up during Wednesday's treasury bill auction, as the Central Bank bought a further 3-billion rupees worth …
Ships Ahoy
June 21 (LBO) – The Shipping Corporation has clinched a deal with Iran to buy an oil tanker and two container ships to begin feeder operations to the …
Quiet Walk
June 21, 2006 (LBO) – State Bank of India plans to expand its reach in Sri Lanka, making use of an upsurge in business climate since the February 2002 …
Record tea exports Jan-May
June 21, 2006 (LBO) - Sri Lanka shipped more tea to overseas markets for the five month to May, earning a record 35 billion rupees, a commodity broker said …
Web Net
SAN FRANCISCO, June 20, 2006 (AFP) - Fresh from a fight with US officials over the sanctity of online search information, Google on Tuesday joined an alliance …
Malaysia objects to capital’s “third-rudest” status
KUALA LUMPUR, June 21, 2006 (AFP) - Malaysia on Wednesday hotly disputed a global survey that found its capital Kuala Lumpur was the third rudest in the world, …
Howls of protest as Mumbai named as rudest city on earth
MUMBAI, June 21, 2006 (AFP) - India's crowded commercial centre Mumbai drives the nation's rapid economic growth but is far too busy to say "thank you," making …