Author: lbostgadmin
Sri Lanka Nestle unit opens milk centre in former war-zone
Aug 29, 2010 (LBO) – Nestle Lanka, a unit of Swiss based Nestle, has opened a milk chilling centre in the former war-zone of Kilinochchi in the north of Sri Lanka, to buy milk for hundreds of dairy farmer in the area, the food firm said in a statement. It will also distribute equipment and […]
Sri Lanka power output up 8.9-pct in first half
Aug 28, 2010 (LBO) – Sri Lanka’s power output rose 8. 9 percent in the first half of 2010 from a year earlier, in a more active economy, official data showed, with larger volumes of cheaper hydro energy being generated. State run Ceylon Electricity Board had generated 5,215 GigaWatt hours of energy (millions of units […]
Maid Abuse
August 28, 2010 (AFP) – A Sri Lankan maid recovering from surgery to remove 19 nails from her body told doctors her Saudi employer heated the nails and hammered them into her body, an official said Saturday. Surgeons at Sri Lanka’s southern Kamburupitiya hospital removed 19 out of a total of 24 nails — some […]
Sri Lanka holds withdrawal of on-arrival visa
August 28, 2010 (AFP) – Sri Lanka on Saturday suspended plans to scrap on-arrival visas for most nationals, including visitors from the US, Europe, Australia and Japan. “In some cases, foreigners of Sri Lankan origin may be detained without their embassies being notified,” the state department said in its travel advisory to US citizens. Sri […]
‘s consumer prices slide, unemployment falls
TOKYO, August 27, 2010 (AFP) – Japan’s consumer prices continued to slide while the unemployment rate fell for the first time in six months in July, the mixed data Friday illustrating the fragility of the country’s recovery. Japan’s core consumer price index fell 1.1 percent in July from a year earlier, government data showed, marking […]
India government warns on BlackBerry
NEW DELHI, August 26, 2010 (AFP) – India warned the makers of the BlackBerry Thursday its messaging services could be shut down if it failed to give security agencies access “in readable format” as a compliance deadline loomed. A shutdown would affect corporate users among BlackBerry’s 1.1 million customers, whose communications have a higher level […]
Mobile Money
Aug 27, 2010 (LBO) – Sri Lanka’s Central Bank has drafted guidelines for mobile phone payment systems and called for public comments, according to a notice on its website. Mobile payments will be allowed through accounts in licensed banks and registered finance companies as well as Custodian Account Based Systems operated by non-bank service providers. […]
Cooling Ardour
Aug 27, 2010 (LBO) – PC House, a Sri Lankan information technology company which debuted on the stock exchange this week, closed below its issue price of 11 rupees Friday, the second day of trading, brokers said. The share opened the day’s trading at 10. 90 rupees, went down to 9.90 and closed at 10.00 […]
Nail Torture
Aug 27, 2010 (LBO) – Doctors in Sri Lanka have removed 15 metal objects including nails and pins from a woman domestic worker who had returned from Saudi Arabia a media report in the island said. Some also go the Maldives, which is the best managed economy in South Asia with the strongest exchange rate. […]
Biomed Skills
Aug 27, 2010 (LBO) – Sri Lanka is laying the foundation to build a biomedical sector by offering courses in the subject based on British standards to train much needed human resources, educators said. “The development of the human capital base of the country is an important factor for that country to attain a sustainable […]
Arabian Fright
August 27, 2010 (AFP) – A Sri Lankan housemaid who had 24 nails embedded in her body — allegedly by her Saudi employer — was recovering in hospital Friday after doctors removed 18 of them during a three-hour surgery. L.T. Ariyawathi, 49, said her employer in Saudi Arabia had inflicted the injuries on her as […]
Sri Lanka hotel group exits loss-making Maldives resort
Aug 27, 2010 (LBO) – Sri Lanka’s John Keells Holdings (JKH) group said it had exited from an island further away from the capital of the Indian Ocean archipelago of Maldives, and extended its lease at a more profitable resort. But the Alidhoo island was making losses, and Dhonveli was more profitable the firm said. […]