All Blogs
Match Making
May 23, 2008 (LBO) – Sri Lankan Information Communication Technology (ICT) companies plan to take part in a business forum in the United Kingdom to promote joint product development, marketing and sales, its organizers said in a statement. Supported by UK Trade and Investment (UKTI), the match-making mission aims to link Sri Lankan companies with […]
Mobile Numbers
May 23, 2008 (LBO) – Sri Lankan mobile operator Dialog Telekom said its first quarter net profits fell by more than half after it cut prices owing to growing competition and rising costs took their toll. Despite Dialog TV revenues growing by 187 percent over the same 2007 quarter, it made loss of 114 million […]
Sri Lanka to apply for EU GSP+; industry warned not to depend on concessions
May 23, 2008 (LBO) – Sri Lanka’s government said it was pressing ahead with applying for trade concessions from the European Union in October but warned industrialists not to depend on trade concessions. Rajapaksa warned last month that if the trade concessions are lost the private sector should improve productivity and “face the challenge.” Industry […]
‘s BP Solar
May 23, 2008 (LBO) – Sri Lanka has awarded a contract for rural solar electrification to Australia’s BP Solar, a senior government minister said. The local government ministry said in a note to cabinet that the contract to BP Solar (Pty) Ltd of Sydney was recommended by a cabinet appointed negotiation committee. The scheme will […]
Key eurozone study highlights flagging private sector
BRUSSELS, May 23, 2008 (AFP) – A key survey released Friday boosted fears that the eurozone is flagging, pointing to a sharp slowing in business activity as soaring oil prices, the high euro and the US-born credit crunch take their toll.The widely-watched eurozone’s purchasing managers’ index (PMI), compiled by NTC Research, found that business activity […]
No more whoopee for Indian rupee
NEW DELHI, May 23, 2008 (AFP) – India’s currency is feeling the pressure as world oil prices soar and foreign investors lose their “risk appetite” for emerging market assets amid global financial turmoil, analysts say.The Indian rupee — which a few months ago was trading at 10-year highs — now looks poised to post its […]
India trade minister rejects new WTO texts
NEW DELHI, May 22, 2008 (AFP) – New draft texts on industrial goods aimed at clinching an elusive deal in global trade talks will have to be “completely revised,” India’s commerce minister said on Thursday.The World Trade Organisation’s Doha round of talks to reduce trade barriers was launched in 2001 with the target of reaching […]
” threat to Beijing Olympics: IAEA
VIENNA, May 23, 2008 (AFP) – The UN atomic watchdog said Friday that it had seen no concrete intelligence regarding a possible dirty bomb threat to this summer’s Olympic games in Beijing.Talking to journalists, Anita Nilsson, head of nuclear security at the International Atomic Energy Agency (IAEA), was asked is she could confirm that the […]
Sri Lanka mediamen protest abduction of colleague
May 23, 2008 (LBO) – Sri Lanka’s media rights groups protested the abduction and assault of senior journalist of a national weekly Friday calling on authorities to bring the perpetrators to justice. “Until such time culprits are brought to book, the FMM holds the Government responsible for abduction and assault of journalist Keith Noyahr, noting […]
Sri Lankan rights group condemns assault on journalist
May 23, 2008 (AFP) – A Sri Lanka media rights group Friday condemned the abduction and assault of a senior journalist, saying it was motivated by his criticism of the government’s war against Tamil Tiger rebels. Most of the victims are Tamil journalists working in the island’s embattled north and east.Sinhalese journalists working in the […]