The Lanka Academic

VOL. 11, NO. 245


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Sri Lanka bourse falls on credit shortage; rupee up - Reuters, 2010-12-07 16:57:27 EST. COLOMBO, Dec 7 (Reuters) - Sri Lanka's stock market slipped on Tuesday for a second day due to low credit for retail investors amid concern over the phasing out of margin trading by mid next year, but large crossings boosted the trading volume. The main share index .CSE fell 37.22 points or 0.57 percent to 6,469.08. Asia's best performer in 2010 has gained 91.1 percent, ahead of second-ranked Indonesia's .JKSE 46.9 percent. More...Discuss this story
Published: Tue Dec 7 07:39:25 EST 2010

British Defence Secretary to visit Sri Lanka - MSN India, 2010-12-07 13:54:52 EST. Colombo,Dec 7,(PTI) British Defence Secretary Dr Liam Fox is to visit Sri Lanka later this month to deliver the Lakshman Kadirgamar memorial lecture, a local media report has said. The widow of the late foreign minister has confirmed to one of the local TV channels, that Dr Fox will deliver the memorial lecture in Colombo on December 18 . Kadirgamar was assassinated in 2005 despite the government and the LTTE then observing the Norway brokered ceasefire. More... Discuss this story
Published: Tue Dec 7 07:01:10 EST 2010 Back to the top

Thousands homeless as floods ravage southern Sri Lanka
The Hindustan Times, 2010-12-07 12:49:53 EST. At least three people have been killed and nearly 76,000 left homeless after torrential monsoon rains struck parts of Sri Lanka, officials said today. More...
Published: Tue Dec 7 17:02:40 EST 2010 Back to the top

Chinese Destroyer Lanzhou Arrives in Sri Lanka -, 2010-12-07 21:15:05 EST. Chinese missile destroyer Lanzhou arrived at Sri Lanka's Colombo port on Tuesday for a five-day visit in the South Asian island country... Back to the top

Sri Lanka May Permit Foreign Investments in Short Tenor Debt - Bloomberg, 2010-12-07 16:00:53 EST. Sri Lanka may allow overseas investors to buy “shorter tenor” corporate debt as part of measures to ease foreign-exchange controls, central bank Governor Ajith Nivard Cabraal said... Back to the top

Sri Lanka to resettle displaced persons by year end
TOI, Dec 7. CHENNAI: Sri Lanka has reaffirmed its commitment to resettle most of the Internally Displayed Persons (IDPs), numbering around 16000-17000 in camps, before the end of 2010, said minister of external affairs S M Krishna on Monday... Back to the top

Sri Lanka to import 2000 MT of chicken from India - Business Standard, 2010-12-07 16:04:53 EST. Sri Lanka today decided to import upto 2,000 tonnes of chicken from India to meet shortages in the domestic market ahead of Christmas holiday season... Back to the top

Lanka: UNP deputy leader for war crimes probe - Express Buzz, 2010-12-07 10:31:18 EST. COLOMBO: The Sri Lankan government has said that it will bring a no-confidence motion against Karu Jayasuriya, deputy leader of the opposition United National Party (UNP), for supporting the Western countries’ demand for a probe into the war crimes allegedly committed by the Lankan security forces in the final phase of the war against the Liberation Tigers of Tamil Eelam (LTTE)in 2009... Back to the top

Sri Lankan Navy to celebrate Diamond Jubilee - Xinhua, 2010-12-07 18:25:13 EST. 7 (Xinhua) -- Royal Ceylon Navy, as was then known, was renamed as the Sri Lanka Navy in 1972, after Ceylon, the former British dominion, ... Back to the top

Sri Lanka to prosecute public officials over spread of dengue - MSN India, 2010-12-06 16:49:08 EST. Colombo, Dec 6 (PTI) Sri Lanka''s health ministry today warned top officials that they will be prosecuted unless they stopped mosquito breeding on their premises as 230 dengue deaths were reported this year... Back to the top

Latest destination for adventure cruise company Zegrahm: Sri Lanka - USA Today, 2010-12-07 18:23:35 EST. The adventure cruise operator is rolling out a series of voyages that include stops in little-visited Sri Lanka -- a first for the 20-year-old company... Back to the top

Sri Lanka news: Former SL shadow coach Chandika Hathurusingha to migrate to ... -, 2010-12-07 09:45:00 EST. Chandika Hathurusingha, the former Sri Lanka Test opener and one-time shadow coach of the Sri Lanka team, who was suspended by Sri Lanka Cricket (SLC) on disciplinary grounds in June, has decided to emigrate to Australia with his family, after he was found guilty by an inquiry and expelled... Back to the top

‘German Bakery blast accused was trained to assemble explosives in Colombo’
The Hindu, 2010-12-06 21:55:00 EST. The alleged mastermind of the February 13 German Bakery attack, Himayat Baig, was trained to assemble explosives in Colombo by two of the co-accused in the case when they visited the Sri Lankan capital in March 2008, the Maharashtra ATS has contended in the chargesheet submitted to the Judicial Magistrate in Pune... Back to the top

Can Sri Lanka's 'Kik' beat Coke and Pepsi? - AsiaOne, 2010-12-06 15:21:31 EST. Elephant House, one of Sri Lanka's strongest brands and a household name for over 100 years, has announced the launch of its own new cola, 'Kik', 'which is a giant step towards covering the entire soft drinks market in their existing product portfolio' the company said in a statement... Back to the top

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