Author: lbostgadmin
Dialog Downturn
Oct 30, 2007 (LBO) – Consolidated net profits of Sri Lanka’s top celco Dialog Telekom fell 6.9 percent to 2.43 billion rupees, while revenues rose 29 percent to 8.55 billion in the September quarter, the firm’s latest results showed. Losses at its new pay TV division dragged down profits, while at company level profits from […]
Greener Pastures
Oct 30, 2007 (LBO) – Sri Lanka should encourage more workers to seek employment abroad as worker remittances will immensely help economic development while reducing the government’s burden of creating job opportunities, UN officials say. Despite two decades war Sri Lanka has been able to sustain better growth and development as a result of increasing […]
Smooth Ride
Oct 29, 2007 (LBO) – Chevron Lubricants Lanka said net profit for the September quarter shot up 78 percent to 325 million rupees from the same quarter a year ago. The firm, the Sri Lankan unit of the Chevron Texaco oil multinational, said sales were up eight percent to 2.1 billion rupees. “The top line […]
Sri Lanka Tamil Tigers developing refined tax system
Oct 29, 2007 (LBO) – Sri Lanka’s Tamil Tigers are developing a sophisticated tax collection system to raise funds from the Tamil diaspora for its war that appears to rival that of legitimate governments in efficiency, new research shows. The Tigers are developing a system in Europe, where much of the Tamil diaspora resides, in […]
Sri Lanka Murali claims four wickets in drawn tour match
ADELAIDE, Australia, Oct 29, 2007 (AFP) – Sri Lankan spinner Muttiah Muralitharan claimed four wickets in a drawn-three day tour match against the Cricket Australia Chairman’s XI at Adelaide Oval here Monday ahead of the Test series against Australia.Muralitharan claims four wickets in drawn tour match Muralitharan, eight wickets short of Australian leg-spinner Shane Warne’s […]
Dollar plunges to record low against euro
LONDON, Oct 29, 2007 (AFP) – The dollar plummeted to a record low against the euro Monday, as the European single currency rose to 1.4438 dollars on speculation US interest rates will be lowered again this week, analysts said. The euro was later trading here at 1.4426 dollars against 1.4391 in New York late on […]
Middleware Hire
Oct 30, 2007 (LBO) – WSO2, the open source middleware company, has hired software engineer Glen Daniels as director of Java platforms, a company statement said. Daniels, recently named a vice president of the Apache Software Foundation (ASF), will be responsible for the general technical direction and architectural consistency of all WSO2 Java products. œWSO2 […]
Game Chat
October 29, 2007 (LBO) – Sri Lanka will play host to a crucial meeting of the Commonwealth Games Federation general assembly next week to select a venue to host the 2014 games, organisers said Monday. More than 400 delegates from 71 Commonwealth nations who will gather in the Sri Lankan capital of Colombo from November […]
Sri Lanka clashes kill 22
Oct 28, 2007 (AFP) – At least 22 Tamil Tiger rebels and soldiers have been killed in overnight clashes in northern Sri Lanka, the defence ministry said Sunday. Security forces claimed killing 20 Tamil Tiger rebels and injuring 11 in fighting across northern areas in the past 24 hours, placing troop losses at two dead. […]
Sri Lanka Tigers had inside information for air base attack: report
Oct 28, 2007 (AFP) – Tamil Tiger rebels had clear “inside information” ahead of a devastating attack that virtually wiped out the Sri Lankan government’s fleet of spy planes, a report said Sunday.In a report in the island’s Sunday Times newspaper, defence analyst Iqbal Athas said up to 27 elite rebel fighters were able to […]
‘s Murali
HONG KONG, Oct 28, 2007 (AFP) – Test cricket’s top wicket-taker Shane Warne said Sunday he will have no regrets when rival spin wizard Muttiah Muralitharan overtakes him at the top of the charts. Murali is currently on Sri Lanka’s tour of Australia and is just nine short of breaking Warne’s record 708 Test wickets. […]
‘s Chaaya village charm visitors in tough times
Oct 28, 2007 (LBO) – Adding an extra touch of nature and concentrating on the local tourist market has helped a hotel controlled by Sri Lanka’s John Keells Holdings to maintain higher occupancy. This year the Chaaya Village in north-central Habarana says it has recorded higher occupancy rates than other properties in the area, despite […]