Author: lbostgadmin
Always On
DHAKA, Oct 9, 2006 (AFP) – AlwaysOn Network, Inc.of the United States will invest 60 million dollars to provide Internet services to most of Bangladesh within 10 years, a government spokesman said Monday. The company signed an agreement with the information and communication technology ministry on Sunday to establish Internet services in each of the […]
Catchy Numbers
TEHRAN, Oct 9, 2006 (AFP) – Ever wanted the mobile number 123456789?In Iran it can be yours, if you have tens of thousands of dollars to spare. The Islamic republic’s telecommunication officials have decided to auction off hundreds of catchy number sequences and use the profits to shore up the cumbersome Iranian mobile phone network, […]
Clean Drink
October 9, 2006 (LBO) – Sri Lanka Monday signed up for 20.5 million euros or a 2.67 billion rupee loan from the Dutch government to improve the drinking water facilities in six rural towns. Disbursed through Denmark™s Nordea Bank, the interest free loan falls under the Danish mixed credit programme where repayments are spread over […]
Toy Story
Oct 09 2006 (LBO) – Sri Lanka has brought in restrictions on imports of remote controlled toys fearing the remote control unit and the frequency band can be used to set off explosive devises, officials said Monday. The regulations limit the frequency radius of ground and water toys to ten metres while aircrafts or any […]
Better Perks
October 9, 2006 (LBO) – Unions affiliated to Sri Lankan state banks are pressing for a second pension for staff who joined after 1996, though existing pension funds are short by billions of rupees. Prior to 1996, all state bank employees were given a pension, besides the statutory Employees Provident Fund (EPF) and Employees Trust […]
Flying Free
Oct 09, 2006 (LBO) – Sri Lanka and India opened talks on Monday to free up air services between the countries, ahead of Colombo designating new carriers to fly international routes. Sri Lanka has about 59 bilateral agreements with different countries, though its uses just about 19 of them. “We are basically asking for more […]
‘s first LKR2,000 note to debut on Oct. 17
October 9, 2006 (LBO) – Sri Lanka plans to issue its maiden 2,000 rupee note on October 17, to keep pace with island’s galloping inflation, the central bank said Monday. The new note was in the making for nearly six-years with the bank taking stock of the currency last November. “This ‘Heritage series’ currency note […]
Sri Lankan troops preparing major offensive, Tigers say
Oct 8, 2006 (AFP) – Tamil Tiger rebels Sunday accused Sri Lankan government troops of bracing for a fresh offensive around the northern peninsula of Jaffna after both sides suffered losses in a battle elsewhere.The rebel Liberation Tigers of Tamil Eelam (LTTE) also called on Norwegian peace monitors to step and check the frontlines, the […]
Sri Lankan soldiers missing after heavy fighting
Oct 8, 2006 (AFP) – Twelve Sri Lankan government soldiers were missing Sunday following fierce fighting with Tamil rebels in the east of the island that left at least seven combatants dead, the defence ministry said. There were conflicting statements on casualties from the government and the rebel Liberation Tigers of Tamil Eelam (LTTE) after […]
Ongoing bloodshed paralyses Sri Lanka peace bid
Oct 8, 2006 (AFP) – Foreign aid donors have demanded peace talks in Sri Lanka to avert full-scale war, but the daily bloodshed has reduced broker Norway’s ability to coax rebels and the government to the table, diplomats say.During a visit here last week, Norwegian envoy Jon Hanssen-Bauer failed to secure agreement on a venue […]
Sri Lanka troops, rebels keep up attacks as peace bid stalls
Oct 7, 2006 (AFP) – Sri Lankan troops and Tamil Tiger rebels kept up attacks against each other for a second day Saturday, as the rebels said the new fighting represented a serious blow to peace efforts. Air attacks against the rebels continued amid exchanges of fire in the eastern district of Batticaloa where heavy […]
Air Pockets
October 7, 2006 (LBO) – Sri Lanka’s deadly ethnic conflict is possibly the biggest challenge that is holding down the business process outsourcing industry’s growth, as an escalation in violence spooks foreign clients, a new industry study shows. The South Asian Island had a head start by opening its telecommunications industry in the early 1990s, […]