Author: lbostgadmin
Plugged In
Global banking giant HSBC Group opened its US$ 31 million call centre operation in Sri Lanka Tuesday, as local financial markets dived on news that seven soldiers had died following early morning landmine explosion in the North.Global banking giant HSBC Group opened its US$ 31 million call centre operation in Sri Lanka Tuesday, as local […]
Pumping Money
NEW DELHI, Dec 5 (AFP) – The chairman of Intel, the world’s largest chipmaker, said Monday the company planned to invest more than one billion dollars to expand in India in the next five years, a news report said.NEW DELHI, Dec 5 (AFP) – The chairman of Intel, the world’s largest chipmaker, said Monday the […]
Please Intervene
The mother of one of the three Sri Lankans facing execution in Saudi Arabia has appealed to the newly elected Sri Lankan President to intervene to obtain clemency, after learning that the sentences may be carried out at any time.The mother of one of the three Sri Lankans facing execution in Saudi Arabia has appealed […]
‘s Hemas Holdings checks out of Lihiniya Surf
Hemas Holdings on Tue., quit Associated Hotels Co., Ltd., the owners of Lihiniya Surf Hotel, making a Rs. 30 million capital gain in the process. Hemas Holdings on Tue., quit Associated Hotels Co., Ltd., the owners of Lihiniya Surf Hotel, making a Rs. 30 million capital gain in the process. Around 4.3 million shares held […]
Bond yields rise
Sri Lanka’s bond market lost ground on Tuesday and continued to rise stealthily at this week’s auction, as a landmine explosion in northern Jafffna killed seven soldiers. Sri Lanka’s bond market lost ground on Tuesday and continued to rise stealthily at this week’s auction, as a landmine explosion in northern Jafffna killed seven soldiers. The […]
Aid scramble wasting Sri Lanka tsunami relief, think-tank says
International and local charities have wasted aid money meant for tsunami relief and slowed reconstruction efforts in Sri Lanka, an independent think-tank said Thursday.International and local charities have wasted aid money meant for tsunami relief and slowed reconstruction efforts in Sri Lanka, an independent think-tank said Thursday. The Institute of Policy Studies (IPS) asked the […]
Sri Lanka army warns Tamil Tigers as bloody attacks spike
Sri Lanka’s outgoing army chief on Monday accused Tamil Tiger rebels of trying to provoke the military with a series of truce-breaking attacks that killed 12 people over the weekend. Sri Lanka’s outgoing army chief on Monday accused Tamil Tiger rebels of trying to provoke the military with a series of truce-breaking attacks that killed […]
Bill This Too
Cellular giant, Dialog Telekom will tap the “on the way home” supermarket chain, to allow its 400,000 post paid customer base to pay their phone bills along with their shopping beginning Monday.Cellular giant, Dialog Telekom will tap the “on the way home” supermarket chain, to allow its 400,000 post paid customer base to pay their […]
Price of Work
Remittances from Sri Lankans working abroad will reach US$ 1.7 billion this year compared to US$ 1.5 billion last year but is it a net gain?Remittances from Sri Lankans working abroad will reach US$ 1.7 billion this year compared to US$ 1.5 billion last year but is it a net gain? Given the high use […]
Discount
The EU parliament agreed last week to pass laws to allow European companies over ride drug patents, for developing countries in need.The EU parliament agreed last week to pass laws to allow European companies over ride drug patents, for developing countries in need. The patent override is possible only by European companies, through a special […]
Tele Medicine
Apollo Hospitals will broad base access to its medical faculties with at least four telemedicine centers spread across the island.Apollo Hospitals will broad base access to its medical faculties with at least four telemedicine centers spread across the island. Currently in its final stages of planning the project is expected to get off ground in […]
Mine blast rocks Sri Lanka truce, monitors urge calm
Six soldiers were killed in a landmine blast in northern Sri Lanka Sunday, the military said amid an upsurge in violence that prompted Scandanavian truce monitors to warn of “irreparable” damage to the country’s four-year-old ceasefire.Six soldiers were killed in a landmine blast in northern Sri Lanka Sunday, the military said amid an upsurge in […]