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Extended Credit
Oct 10, 2006 (LBO) – The Asian Development Bank is fielding a mission to Sri Lanka this week to look at supplementary financing for the 300 million dollar Southern expressway. We expect the highway to be completed by 2010 or end 2009 at the earliest. We want to open the highway to the public once […]
Small Fee
October 10, 2006 (LBO) – Dialog Telekom, the island’s biggest cellular phone operator, has jumped into the lucrative business process outsourcing industry by extending its customer support channels to local and overseas clients. A unit of Telekom Malaysia, Dialog says their dedicated BPO unit employs over 500 skilled professionals offering customer support services in three […]
Time Capsule
SAN FRANCISCO, Oct 9, 2006 (AFP) – Yahoo set out on Monday to capture life on Earth in digital formats for a “time capsule” to be buried in Silicon Valley as well as beamed from Mexico into the cosmos.The Internet giant invited people worldwide to contribute pictures, videos, songs, ideas, drawings or anything else they […]
Shangri La
Oct 10 2006 (LBO) – A lack of land could stand in the way of Sri Lanka clinching top Business Process Outsourcing contracts, the country’s ICT Agency says. The island is competing with neighboring India and other regional countries for a slice of the global 11.5 billion dollar BPO business, selling on its strengths of […]
Malaysia to issue four WiMAX licences: minister
KUALA LUMPUR, Oct 10, 2006 (AFP) – Malaysia will issue up to four licences to telecommunication operators to provide “fourth generation” wireless high speed Internet services, a senior minister said Tuesday.The government in July cancelled the original tender for the WiMAX 2.3 gigahertz spectrum, saying that the specifications were not in line with the ministry’s […]
” vineyards stealing a march on Europeans in fast-growing market
PARIS, Oct 10, 2006 (AFP) – Vineyards in the new world and even in China are stealing a march on traditionally dominant European producers in the race to slake the world’s fast-growing thirst for wine.From having a market share of just 1.6 percent 20 years ago, wines from countries like Chile, Australia and the United […]
Sri Lanka urges diplomatic end to NKorean crisis
Oct 10, 2006 (AFP) – Sri Lanka, which is backing South Korea’s bid to secure the UN Secretary General’s post, Tuesday said it hoped that the “issue” of North Korea’s nuclear tests would be resolved diplomatically.“We express the hope that the issue will be resolved through diplomatic means,” the Sri Lankan foreign ministry said in […]
Sri Lanka rebels agree on talks in Switzerland
Oct 10, 2006 (AFP) – Tamil Tiger rebels said Tuesday they were ready to resume peace negotiations with the Sri Lankan government but would reconsider if security forces kept up attacks against them. The rebel Liberation Tigers of Tamil Eelam (LTTE) told peace broker Norway that they agreed to two days of talks starting October […]
Bomb blast kills three in Sri Lanka
Oct 10, 2006 (AFP) – A powerful bomb ripped through a passenger van in Sri Lanka’s embattled northern district of Vavuniya on Tuesday, killing the driver and two others, police said. The driver had stopped at his home when a device placed inside the vehicle exploded, police said, adding that two people in the victim’s […]
Artillery attacks kill soldier in fresh Sri Lanka fighting
Oct 10, 2006 (AFP) – At least one soldier was killed and another wounded Tuesday in an artillery attack carried out by Tamil Tiger rebels at a de facto front line in northern Sri Lanka, defence officials said.The rebel Liberation Tigers of Tamil Eelam (LTTE) pounded the Muhamalai defence line in the Jaffna peninsula in […]