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Regulator Chief
Sept 19, 2011 (LBO) – Sri Lanka was re-elected to chair the Commonwealth Telecommunications Organization (CTO) at its 51st council meeting held in Trinidad and Tobago, the state information office said. Pelpita said Sri Lanka looked forward to working with Tim Unwin, the CTOs new chief executive and thanked outgoing CEO Ekwow Spio-Garbrah for his […]
Jaguar Land Rover to open engine plant in Britain
LONDON, September 19, 2011 (AFP) – Indian-owned luxury carmaker Jaguar Land Rover is to open a factory to build low-emission engines in Britain with the creation of up to 750 jobs, the company said on Monday. The £355 million (0 million, 560 million euros) facility will be based near Wolverhampton in central England, with work […]
‘s labour unease
NEW DELHI, September 19, 2011 (AFP) – India’s top automaker Maruti Suzuki, already grappling with sliding sales, is in a test of nerves with its factory workers after production was hit by a dispute over alleged sabotage. Output at the Japanese-controlled firm’s Manesar plant in northern India has been thrown out of gear for three […]
Sri Lanka will not take all advice that is given: CB Governor
Sept 19, 2011 (LBO) – Sri Lanka will not take all economic advice that is given but chart its own course based on a longer term path, Central Bank Governor Nivard Cabraal said amid concern over continued defence of the island’s dollar peg. “We’ve got to be very clear to the public, to the economic […]
Train Crash
September 17, 2011 (AFP) – At least three people including a Korean national were killed and about 25 injured near the Sri Lankan capital when a passenger train crashed into the back of another train, police said. Railway workers were still searching for passengers who might be trapped in the wreckage after the accident, which […]
” for Bangladesh
DHAKA, September 18, 2011 (AFP) – As Abdus Salam Murshedey strolls through his vast garment factory in Dhaka, hundreds of seamstresses stitch shirts for export shipments he says will be boosted by a relaxing of Indian import rules. Murshedey has built his company, Envoy Group, into a multi-million dollar firm with 18,000 employees on the […]
Dilshan stars as Sri Lanka lead Aussies
September 18, 2011 (AFP) – Skipper Tillakaratne Dilshan inspired Sri Lanka’s tenacious batting display as the hosts took charge of the third cricket Test against Australia in Colombo on Sunday. Sri Lanka, seeking a series-levelling win, closed the third day’s play at the Sinhalese Sports Club on 428-6 in their first innings, a lead of […]
‘s 316
September 17, 2011 (AFP) – Kumar Sangakkara hit an unbeaten 61 in his 100th Test as Sri Lanka responded bravely to Australia’s 316 in the third and final game of the series in Colombo on Saturday. Sri Lanka, seeking a series-levelling win, closed the second day at 166-2 in their first innings after a batting […]
‘s Fortress Resort wins luxury hotel award
Sept 17, 2011 (LBO) – Sri Lanka’s Fortress Resort and Spa, has won the award fore the best coastal luxury hotel at a global travel awards, signalling the island’s emerging position in the luxury end of the market, an official said. Fortress is in Galle in Sri Lanka’s southern coast, and follows Dutch architecture. Sri […]
Film View
Sept 17, 2011 (LBO) – A shopping and entertainment complex that Sri Lanka’s Cargills plans to build in the former northern war zone of Jaffna will have three cinemas with seating for a total of 1,200 people. Cargills, which also has interests in food processing, is expanding aggressively, buying a brewer and having just got […]