Sri Lanka focuses on clean, low-cost lighting

April 29, 2009 (LBO) – Sri Lanka has set up an energy efficient lighting centre with United States support aimed at promoting clean and low-cost lighting technologies in the south Asian region. “Providing access to electricity is a critical factor in supporting economic development throughout the region,” James Moore, U.S. Embassy Charge d’Affaires, was quoted […]

Sri Lanka power firm finances could improve in May: official

April 29, 2009 (LBO) – The finances of Sri Lanka’s cash-strapped state-run power utility, Ceylon Electricity Board (CEB), could improve in May, a top official said, as dry weather forced it to buy expensive thermal energy, running up debts. The CEB can store 1,200 million units (GigaWatt_hours) worth of water at its reservoirs but it […]

Sri Lankan Airlines get second Airbus A320

April 29, 2009 (LBO) – SriLankan Airlines said it had acquired a second Airbus A320 as part of its narrow-body aircraft re-fleeting program where the existing fleet is replaced with newer more fuel efficient aircraft.The newly acquired A320 is a two year old aircraft on lease from AWAS of Ireland on a three-year contract. It […]

Emirates flys in UN refugee relief to Sri Lanka

April 29, 2009 (LBO) – Emirates SkyCargo said it had begun transporting United Nations High Commissioner for Refugees (UNHCR) relief supplies for refugees in the North East.Emirates said a Boeing 747-400 freighter had landed in at Colombo’s Monday April 27, with a cargo of 119 tonnes of tents for refugees who escape Tiger guerilla controlled […]

Sri Lanka navy says 25 Tamil Tigers killed in sea battle

April 29, 2009 (AFP) – The Sri Lankan navy attacked and sank six Tamil Tiger rebel boats and killed at least 25 guerrillas during a pre-dawn sea battle on Wednesday, a navy spokesman said.Naval craft detected the boats off the coast of the last remaining patch of territory still with the guerrillas, spokesman Captain D. […]

Britain, France fail to get Sri Lanka truce

April 29, 2009 (AFP) – The foreign ministers of Britain and France said Wednesday they had failed to secure agreement on halting Sri Lanka’s military campaign and getting humanitarian access to war-trapped civilians.“We tried very hard — we insisted and we insisted — but it is up to our friends to allow it or not,” […]

Britain, France fail to win Sri Lanka truce

April 29, 2009 (AFP) – The foreign ministers of Britain and France said on Wednesday they had failed to persuade Sri Lanka to end its offensive against Tamil rebels and allow aid in for civilians trapped by the fighting.“We tried very hard — we insisted and we insisted — but it is up to our […]

Surrendered officials denounce Tigers

April 29, 2009 (AFP) – Two prominent members of Sri Lanka’s Tamil Tigers who surrendered to government troops have made a televised denunciation of the rebels in a major propaganda coup for the island’s authorities.In a video posted late Tuesday on the Sri Lankan defence ministry’s website, the rebels’ one-time spokesman and another official accuse […]

‘s Bharti Airtel Q4 profit jumps 21 pct

MUMBAI, April 29, 2009 (AFP) – India’s top mobile phone company Bharti Airtel reported Wednesday that fourth-quarter net profit jumped 21 percent year on year, boosted by a rise in the number of cellular phone users.For the full year, the New Delhi-based company announced a 26 percent jump in net profit to 84.69 billion rupees […]

Sri Lankans asked to limit foreign travel to prevent swine flu spread

April 29, 2009 (LBO) – Sri Lankans should limit non-essential foreign travel to protect themselves from swine flu, the island’s health ministry said, adding that travelers from high risk countries were being screened at the country’s main airport. “The ministry of health appeals to the public to limit foreign travel to essential purposes to protect […]

Terminal Bids

April 29, 2009 (LBO) – The Sri Lanka Ports Authority has extended the deadline for bids for the first container terminal in the new South Port of Colombo, work on which is now underway, officials said.The new port will help Colombo retain and enhance its position as a transhipment hub for the south Asian region, […]

Sri Lanka shares up 1.5-pct, rupee steady

Apr 29, 2009 (LBO) – Sri Lankan stocks rebounded across the board Wednesday, as investor sentiment improved, while the rupee remained steady against the greenback, dealers said.Conglomerate JKH has interests in transport, finance, property development, retail and food processing sectors. Mobile giant Dialog Telekom, subsidiary of Telekom Malaysia, closed flat at 5.25, while fixed line […]

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