Author: Charitha Fernando
Sri Lanka a blue whale watching hot spot
May 07, 2008 (LBO) – Sri Lanka may be one of the easiest places to watch whales, allowing it to become a global top spot to watch blue and sperm whales, a researcher and an eco-tourism specialist have said. “I think Sri Lanka has enormous potential to be a whale destination,” marine biologist Charles Anderson, […]
Sri Lanka plant blazes green trail for Marks & Spencer
April 25, 2008 (LBO) – UK retailer, Marks & Spencer says a newly re-built eco-friendly apparel factory in Sri Lanka is part of a plan that will see all operations being ‘greened’ by 2012, in response to growing environmental consciousness in its markets. M&S, commissioned a completely re-built ‘green’ casual wear manufacturing plant run by […]
‘s Hambantota in drive to lure more tourists
Mar 26, 2008 (LBO) – Sri Lanka’s southern coastal city to Hambantota has launched a new drive to draw more visitors in, with the area already acquiring a name for wildlife, historical sites and a 150 kilometre stretch of beach. “Our key objective is to promote the Hambantota district as a highly desirable tourist destination […]
Sri Lanka paddy crop under water; quality drops and high prices likely
Mar 21, 2008 (LBO) – Torrential rains lashing Sri Lanka during an ongoing crucial harvest season is likely to lower the quality of rice but keep prices high in the domestic market, an official said. “In some districts around 50 percent of the crop has been harvested and the remaining 50 percent has to be […]
Sri Lanka boosts blast probe capabilities
Mar 18, 2008 (LBO) – Sri Lanka’s capacity to counter and investigate bomb blasts has been boosted with new equipment from the United States, the island’s police chief said Tuesday. “We were waiting for this type of post blast investigation equipment,” Inspector General of Police Victor Perera said after receiving a stock of hi-tech equipment […]
Skating Tower
March 05, 2008 (LBO) – Sri Lanka’s Ceylinco Consolidated has inked an agreement with the country’s investment promotion agency to set up its second shopping and apartment complex in the suburbs of Colombo. The 33 million US dollar project, “Realty Tower”, has 18 floors and will be built in the Colombo suburb of Nawala, on […]
Sri Lanka dragonflies draw eco-tourists
Feb 16, 2008 (LBO) – An insect with large multifaceted eyes and two pairs of transparent wings on an extended body is luring tourists to Sri Lanka and helping a specialist eco-travel firm earn big bucks. “We had people coming into Sri Lanka just to see dragonflies,” Jetwing Eco Holiday’s chief executive Gehan de Silva […]
Sri Lanka to entice Arab tourists in deal with Al-Jazeera
Feb 13, 2008 (LBO) – Sri Lanka’s tourism industry is targeting Middle Eastern visitors by tying up with Al-Jazeera TV to make up for dwindling numbers from traditional European markets, officials said. “There is a need to be more aggressive in promoting the country’s image among Middle East travellers,” deputy minister of tourism Faiszer Musthapha […]
Sri Lanka needs more agricultural investment to boost productivity, cut poverty: World Bank
Jan 29, 2008 (LBO) – The World Bank says Sri Lanka’s agriculture needs more investment to diversify into high value products and boost productivity in order to reduce rural poverty. “Governments around the world and donors such as the World Bank have been under-investing in agriculture,” says Derek Byerlee, a rural strategy adviser to the […]
Authors flock to Sri Lanka as Galle literary festival opens
Galle, Sri Lanka Jan 17, 2008 (LBO) – Hundreds of international and local authors, dramatists, poets, historians and architects are flocking to a coastal town in southern Sri Lanka, as the ‘Galle International Literary Festival’ takes off. . The festival is being staged in and around a fort in Galle, a southwestern coastal town 116 […]
Sri Lanka short of men to make capital safe: police chief
Jan 12, 2008 (LBO) — Sri Lanka does not have enough policemen to fully secure Colombo and public help is needed to fill the manpower gap in the capital, the island’s police chief said.“At moment Colombo has been given more policemen than other areas.But that is not enough, Inspector General Victor Perera told journalists. “They […]
Operating Rules
Sept 10, 2007 (LBO) – Sri Lanka’s Central Bank plans to enforce tough new mandatory rules next year that include provisions to encourage ‘whistleblowers’, linking executive pay to performance and discouraging the practice of inter-locking directorates. The new corporate governance rules seek to separate the functions of the chairman, who must be one of the […]