All Blogs
Ship Safety
June 17, 2011 (LBO) – Japan’s ClassNK, the world’s largest ship classification society in gross tonnage terms, has opened an office in Sri Lanka as shipping traffic grows at Colombo port. The 111-year-old ClassNK has some 7,347 ships over 180 million gross tonnes or about 20 percent of the world’s commercial fleet on its registry […]
Express Bus
June 17, 2011 (LBO) – Sri Lanka’s government has invited private bus operators to start services on the island’s first expressway set to open by end-July with a terminal to connect other routes planned close to the capital. Private transport services minister C B Ratnayake said the government expects to have 10 air-conditioned luxury buses […]
Travel Cost
June 17, 2011 (LBO) – Sri Lanka’s government is to allow private bus operators to raise fares, private transport services minister C B Ratnayake said. Government authorities were making preparations for the fare hike, he told a forum on transport, without saying by how much fares would rise. “We are preparing a revision of bus […]
Equal Footing
June 17, 2011 (LBO) – Fitch Ratings Lanka has assigned People’s Leasing Company’s (PLC) proposed senior debentures of up to 750 million rupees a National Long-Term rating of ‘A(lka)’. “The issue is rated at the same level as PLC’s National Long-Term rating of ‘A(lka)’ which has a stable outlook,” the rating agency said in a […]
Sri Lanka offers aircraft for UN peacekeeping
June 17, 2011 (AFP) – Sri Lanka has offered its attack helicopters and transport aircraft for UN peacekeeping operations, two years after the end of the island’s civil war, an air force spokesman said Friday. The Sri Lankan air force was ready to deploy its Ukraine-manufactured Mi-24 helicopter gunships as well as Chinese-made Y-12 fixed-wing […]
SriLankan Airlines in wage deal with aircraft engineers
June 17, 2011 (LBO) – SriLankan Airlines has signed a long-term collective agreement with its aircraft engineers’ union, giving a pay rise that it said would help maintain worker harmony at a time maintenance business was growing. An airline statement said its engineering business was a key growth sector for the group and also help […]
Sri Lanka state-backed insurance plans under funded
June 17, 2011 (LBO) – Two Sri Lankan state-backed insurance schemes for state workers and agriculture have been topped up with taxes extracted from the people, as premium payments were not enough to cover claims, official data showed. ‘Agrahara’ a medical insurance plan for state workers with 650,000 holders had claims of 1,138 million rupees […]
England uproot Sri Lanka top order
SOUTHAMPTON, June 16, 2011 (AFP) – Sri Lanka were reduced to 81 for four against England on a rain-marred first day of the third and final Test at the Rose Bowl here on Thursday. Only 38 overs out of a scheduled 90 were possible on the opening day of what was the first Test ever […]
Sri Lanka sports: Ice hockey, cricket and money
June 17, 2011 (LBO) – I felt like writing a column on a subject that would surprise everyone. Ice hockey. But not only ice hockey . . . I used to live in Canada, long ago. In Vancouver, on the west coast. Quite far from everywhere, and not talked about much. Except in the past […]
Sri Lanka Tamil MPs beaten up by troops: party
June 17, 2011 (AFP) – Sri Lanka’s main minority Tamil political group on Friday accused army troops of assaulting its lawmakers and breaking up a party meeting on the northern peninsula of Jaffna. The Tamil National Alliance (TNA) said troops stormed their venue on Thursday evening and attacked members of parliament and party supporters who […]