Category:
Mobile Expansion
Dec 05, 2007 (LBO) – Mobitel, a celco owned by fixed operator Sri Lanka Telecom launched its third generation network in the island, saying its existing service was growing so fast it was struggling to meet demand. Studies have shown that household internet penetration to be around one percent, and most connectivity is concentrated in […]
Teen stars earn millions: US survey
LOS ANGELES, Dec 4, 2007 (AFP) – Teenage actors and singers such as 15-year-old “Hannah Montana” starlet Miley Cyrus are among the most highly paid young stars on the planet with annual income worth millions of dollars, Forbes magazine revealed Tuesday. Cyrus, daughter of the country singer Billy Ray Cyrus, recently shot to stardom in […]
‘s central bank leaves interest rates on hold
SYDNEY, Dec 5, 2007 (AFP) – Australia’s central bank left interest rates on hold at an 11-year high of 6.75 percent Wednesday, while warning that it remained concerned about inflationary pressures. The decision by the Reserve Bank of Australia had been widely anticipated by economists, who believed the bank was likely to take the view […]
‘s Murali put in the dock by Aussie media
Dec 05, 2007 (LBO) – Australia’s Herald Sun newspaper has launched a poll on whether Sri Lanka’s star bowler, Muttiah Muralitharan who this week became the world’s highest Test wicket taker, is a chucker or not. . Click here to go to Murali’s Poll. The paper has announced a poll asking ‘Is Murali’s action legal?’. […]
‘s Murali magic downs valiant England
KANDY, Sri Lanka, Dec 5, 2007 (AFP) – Muttiah Muralitharan bowled two magical deliveries when it mattered most to hand Sri Lanka an 88-run win over a fighting England in the first Test here on Wednesday.The off-spinner, who became Test cricket’s most successful bowler in the first innings, got out Matt Prior and Ian Bell […]
Sri Lanka bus blast kills 15: Police
Dec 5, 2007 (AFP) – At least 15 passengers were killed and 38 wounded Wednesday in a roadside bomb attack on a crowded bus carrying civilians in Sri Lanka’s north-central region, police said. Security forces rushed to the area following the attack carried out by suspected Tamil Tiger rebels under the cover of darkness, a […]
Counter Measures
Dec 04, 2007 (LBO) – Sri Lanka is aware of a campaign to block the renewal of trade concessions for apparel exports into the European Union and the government is taking counter measures, a minister said. “Human rights is just a football in that whole game.” “We’re very well aware of the campaign and the […]
M-Waste
Dec 04, 2007 (LBO) – Sri Lanka’s top celco Dialog Telekom wants to collect a million old phones and recycle them in the next two years in an initiative that will keep dangerous heavy metals from contaminating the environment, officials said. Phone batteries for example have heavy metals such a lead, nickel and cadmium. Dialog […]
Digital Learning
Dec 04, 2007 (LBO) – A Sri Lankan e-learning initiative for rural students is seeking corporate sector support to expand and cover 400 computer centers around the island, its designers said. The Shilpa Sayura project initiated by eFusion, a local software company, is a learning tool for rural students who do not have the necessary […]
EU, IMF see darker outlook for eurozone growth in 2008
BRUSSELS, Dec 3, 2007 (AFP) – Growth in the 13 nations sharing the euro is expected to be weaker than expected only several months ago, according to the European Commission and the International Monetary Fund on Monday.The head of the IMF’s European department, Michael Deppler, painted a darker outlook for the eurozone in a presentation […]
Hire women to unlock services trade and prevent overstaying: World Bank
WASHINGTON, Dec 3, 2007 (AFP) – Rich nations should hire women from developing economies in a bid to break a WTO deadlock on cross-border movement of professional service providers, a World Bank study says.Industrialized nations are reluctant to accept migrants from developing economies such as nurses and IT workers as part of proposals under the […]
‘s ton frustrates England in first Test
KANDY, Sri Lanka, Dec 4, 2007 (AFP) – Kumar Sangakkara hit an unbeaten century as Sri Lanka tightened the screws on England in the first cricket Test here on Tuesday. Sri Lanka, resuming after lunch on the fourth day at 292-3, moved to 392-5 in their second innings by tea, an overall lead of 299 […]