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‘s Suntel: report
June 7, 2007 (LBO) – India’s Mahanagar Telephone Nigam Ltd (MTNL) has put in a bid between 160 million dollars to 180 million for the Sri Lankan wireless fixed access operator Suntel, Indian news reports said. The Economic Times newspaper said the MTNL bid was believed to be the highest, though company officials declined to […]
Sri Lanka looks to boost economic growth despite obstacles
June 07, 2007 (LBO) – Sri Lanka plans to accelerate and broaden its development activities despite the internal conflict, the island’s president said Wednesday, as an expanding budget deficit threatened to undermine growth this year. We need to fearlessly combat terrorism and develop without making it an excuse, President Mahinda Rajapakse said in a statement […]
E-deadline
VANCOUVER, Canada, June 5, 2007 (AFP) – The International Air Transport Association has given member airlines and travel agencies five extra months to switch entirely to electronic ticketing, to May 2008.IATA initially had scheduled the switchover to e-tickets, eliminating paper tickets, to be completed by December 31. The decision to extend the deadline was taken […]
Retail Recognition
June 06, 2007 (LBO) – Retailers that were a just a distribution channel at one time have to be considered as a strategic business partners in driving brands forward in a competitive market, Sri Lanka’s top marketers have said. Retailers are the last point the brands can market themselves and without retailer interest in selling […]
Service Skills
June 06, 2007 (LBO) – Sri Lanka’s freight forwarding industry is setting up an academy to train people with the skills and knowledge required to handle logistics in today’s rapidly growing international trade. Sri Lanka Shippers™ Council, Sri Lanka Apparel Exporters™ Association, Exporters™ Association of Sri Lanka, Import Section of the Ceylon Chamber of Commerce […]
China central bank on guard over inflation in food prices
BEIJING, June 6, 2007 (AFP) – China’s central bank is on guard against the recent rise in food prices and might consider an interest rate hike to cool rising inflation, state media said Wednesday, citing the central bank chief. In a report to clients, Goldman Sachs forecast late last month that the rise in pork […]
Air force officer takes over as Sri Lanka manager
June 6, 2007 (AFP) – A senior Sri Lankan air force officer has been appointed as the new manager of the national cricket team, replacing Michael Tissera, a Sri Lanka Cricket official said Wednesday.Air Vice Marshal Sriyan Samararatne, a strict disciplinarian, was picked after facing an interview panel Wednesday by Sri Lanka Cricket, the governing […]
Sri Lanka checks out another Aussie coach: report
SYDNEY, June 6, 2007 (AFP) – Australian provincial coach Trevor Bayliss will fly to Sri Lanka next week to be interviewed for the vacant national coach’s position, it was reported Wednesday.. The Sydney Morning Herald said New South Wales state coach Bayliss was a candidate for the position vacated by fellow countryman Tom Moody, who […]
‘s Dilshan stars in Asia XI win
BANGALORE, India, June 6, 2007 (AFP) – Sri Lankan Tillakaratne Dilshan hit an unbeaten 47 to guide Asia XI to a six-wicket victory over Africa XI in the one-off Twenty20 cricket match here on Tuesday.The Asian team were struggling at 34-3 before surpassing their opponents’ modest total of 109-8 with more than four overs to […]
Sri Lankan Red Cross stops work for slain colleagues
June 6, 2007 (AFP) – Red Cross offices across Sri Lanka stopped work Wednesday as a mark of respect for two colleagues gunned down last week.Sri Lankan Red Cross workers Sinnarasa Shanmugalingam and Karthekesu Chandramohan were abducted in Colombo on Friday and murdered by armed men claiming to be police. They were working in the […]