All Blogs
Sri Lanka stocks recover
Aug 19, 2008 (LBO) – Sri Lankan stocks recovered some lost ground Tuesday largely on gains in Sri Lanka Telecom but on thin volumes with more trading again seen in Chemical Industries (Colombo) (CIC), brokers said. The All Share Price Index closed up 0.40 percent (9.72 points) at 2,438.61 while the more liquid Milanka rose […]
Indian tea tourism helps spread Darjeeling aroma
KURSEONG, August 19, 2008 (AFP) – Touring tea gardens in India’s famous Darjeeling hills and tasting several varieties of the gold-coloured brew has got Audrey Dreyer thinking about a career in the trade.Dreyer, from France, is among a growing number of tourists wanting to experience life on the estates in the famous tea-growing region to […]
Free Tests
Aug 19, 2008 (LBO) – Brown and Company with its associate Klevenberg private limited have launched campaign to conduct mobile emission tests on vehicles in parts of Sri Lanka, the company said in a statement. The group has conducted tests in Havelock Town in Colombo and in the suburbs of Ranala and Athurugiriya. The free […]
Expensive Dentists
Aug 19, 2008 (LBO) – The cost of producing a dentist in Sri Lanka is 60 percent higher than that of producing a medical doctor, while a veterinarian costs 30 percent more, government data showed.Sri Lanka’s university system, which is funded by taxes from the people, spent 1.3 million on producing a doctor, 1.6 million […]
Pakistan coalition to meet on new president: spokesman
ISLAMABAD, August 19, 2008 (AFP) – Leaders of Pakistan’s ruling coalition were to meet later Tuesday to discuss a replacement for President Pervez Musharraf and the fate of dozens of deposed judges, a party spokesman said. The meeting comes a day after key US ally Musharraf resigned in the face of impeachment charges, nine years […]
Sri Lanka Tamil Tigers tacitly admit losing ground to govt
August 19, 2008 (AFP) – Sri Lanka’s Tamil Tiger rebels Tuesday tacitly admitted that they were losing ground in the face of a major military offensive by warning that thousands of civilians in the north were at risk.In their first public acknowledgement that government forces were moving deeper into areas previously held by them, the […]
Sri Lanka Tamil Tiger terror funds network bared in Canada probe
Aug 19, 2008 (LBO) – An investigation by Canadian police has revealed details of a Tamil Tiger fund raising and money laundering network in which the group raised more than three million dollars to buy weapons.According to a report in Canada’s National Post newspaper, the Toronto-based World Tamil Movement (WTM) has been accused of bankrolling […]
Sri Lanka pilots among first to fly Airbus A380: Emirates
Aug 19, 2008 (LBO) – Dubai-based Emirates said two of its pilots from Sri Lanka were among the first to fly the new Airbus A380 super jumbo aircraft. Suren Ratwatte has flown the prototype aircraft registered as F-WWDD out of Airbus Industries home airfield in Toulouse France on June 18, while Suhail Hashim flew the […]
Sri Lankan power users seen as too content with poor service
Aug 19, 2008 (LBO) – Sri Lankan electricity consumers are far too complacent about the poor service provided by the state power utility, an energy expert said.There was also greater need to have a new focus on energy efficiency. “Almost all industries and commercial buildings definitely have potential to save at least five percent through […]
BHP Billiton posts record 15.4-billion-dollar profit
LONDON, August 19, 2008 (AFP) – The world’s biggest miner BHP Billiton announced record annual net profits of 15.39 billion US dollars (10.46 billion euros), driven by soaring commodity prices and strong Asian demand. The Anglo-Australian resources giant, which was particularly boosted by higher earnings from petroleum and iron ore, beat last year’s net profit […]