Oil Plan

NEW DELHI, Nov 5 (Asia Pulse) – State-owned Indian Oil Corp is eyeing a contract to revamp and expand the sole refinery in Sri Lanka. IOC’s interest in upgrading and doubling capacity of Ceylon Petroleum Corp’s (CPC) Sapugaskanda Refinery to 4 million tonnes a year came up at a meeting between Indian Oil Minister Murli […]

Aussies hapless, woeful against Sri Lanka: press

SYDNEY, November 6, 2010 (AFP) – Australian newspapers Saturday accused Ricky Ponting’s men of embarrassing, hapless and woeful play against Sri Lanka after the visitors scored their first-ever series success Down Under. Just weeks out from the start of the keenly-awaited Ashes series against England and without a win in any format since July, the […]

” India visit

MUMBAI, November 6, 2010 (AFP) – President Barack Obama announced Saturday 10 billion dollars in trade deals with India to create 50,000 US jobs, on a visit that began with an emotional tribute to victims of the 2008 Mumbai attacks. Kicking off a four-nation Asian tour weighted towards prying open new markets for US goods, […]

Marketing Bond

Nov 06, 2010 (LBO) – Cargills (Ceylon), which runs Sri Lanka’s biggest supermarket chain, has begun selling products of farmers in the former war zone in the northern Jaffna peninsula, officials said. The bank has given 105 million rupees in loans among over 3,000 micro-entrepreneurs, farmers and fishermen to restart their income generating activities in […]

Sri Lankan president postpones British visit: official

November 5, 2010 (AFP) – Sri Lankan President Mahinda Rajapakse has postponed a planned visit to Britain, due to a busy schedule rather than fears of a arrest over alleged war crimes, a foreign ministry official said Friday. Rajapakse had planned to address the Oxford Union during his tour later this month. But the Times […]

” – press

SYDNEY, November 5, 2010 (AFP) – Australia’s unease over the state of its cricket deepened Friday ahead of this month’s Ashes series, with media labelling many Australian cricketers as overrated, over-indulged and overpaid. One newspaper said Australian cricket was in crisis amid descending gloom with the once-mighty national side having lost its sixth straight match […]

Sri Lanka – India capital cities linked daily by Jet Airways

Nov 05, 2010 (LBO) – India’s Jet Airways launched daily direct Boeing 737-800 flights from Colombo to Delhi and Mumbai on Friday, as the island’s peak tourism season got underway, a statement said. The two new flights between Sri Lanka and India are in addition to the existing double daily Colombo Chennai – Colombo services. […]

‘s oldest axe found in Australia

SYDNEY, November 5, 2010 (AFP) – Archaeologists Friday revealed they have found a piece of a stone axe dated as 35,500 years old on sacred Aboriginal land in Australia, the oldest object of its type ever found. The shard of stone, found in Australia’s lush and remote far northern reaches in May, has marks that […]

Broad Growth

Nov 05, 2010 (LBO) – Sri Lanka Telecom, the island’s largest fixed access provider, said fixed broadband users grew 40 percent to over 200,000 by the September 2010 quarter from a year earlier. SLT, a majority state-controlled firm which is 44 percent owned by Malaysia’s UT group, has Sri Lanka’s only wireline network. SLT said […]

Knowledge Outsourcing

Nov 05, 2010 (LBO) – Dubai-based Heraymila Investments’ Sri Lanka operatons will include an investment research outsourcing unit which will initially undertake work for the group, officials said. “We were quite impressed with the quality of talent,” Heraymila’s managing director Vinod Krishnan said. “We are trying to outsource our research to Sri Lanka. ” Heraymila […]

Speed Test

Nov 05, 2010 (LBO) – Broadband download speeds delivered by Dialog Axiata, Sri Lanka’s dominant mobile operator, exceed expectations although its main rival Sri Lanka Telecom (SLT) does better on other measurements, a report said. Dialog’s 1Mbps (megabits per second) post-paid broadband package delivers more than promised in download speeds, recent Quality of Service Experience […]

Sri Lanka Dialog broadband speeds rated best

Nov 05, 2010 (LBO) – Broadband download speeds delivered by Dialog Axiata, Sri Lanka’s dominant mobile operator, exceed expectations although its main rival Sri Lanka Telecom (SLT) does better on other measurements, a report said. Dialog’s 1Mbps (megabytes per second) post-paid broadband package delivers more than promised in download speeds, recent Quality of Service Experience […]

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