Bus Blast

Feb 02, 2008 (LBO) — An explosion at a bus station in north-central Sri Lanka Saturday killed at least 13 people and wounded 20, police said. The Tigers have been blamed for blasting a bus in southern Sri Lanka on the same day that the ceasefire expired. A spate of farmer killings in the southern […]

‘s Assurance

Feb 01, 2008 (LBO) – Janashakthi Insurance has tied up with India’s ICICI Bank to launch bancassurance services in Sri Lanka but says high capital requirements and regulations in India constrain access to the competitive market on the sub-continent. Janashakthi Insurance Company Thursday signed a bancassurance agreement with ICICI Bank to promote insurance to banking […]

High Rises

Jan 30, 2008 (LBO) – Sri Lanka™s condominium regulator has issued over 200 certificates for high rises that are coming up in and around the capital, a top official said. “We have issued 183 full and complete certificates, and several semi-condominium certificates, Condominium Management Authority chief Abul Kalam said A semi-condominium certificate is issued to […]

Education Venture

Jan 29, 2008 (LBO) – A top apparel group in Sri Lanka has started an education institute to boost soft skills in English, information technology and apparel manufacture to the bridge gap in the island’s education system. “My vision is to see Sri Lanka recognized as a destination for knowledge and innovation within the next […]

Down Under

Jan 25, 2008 (LBO) — Australia is looking to supply coal to Sri Lanka’s power stations and also provide clean coal and natural gas technology that can improve the efficiency of thermal generation, its envoy to Colombo has said. “The government of course has plans to develop coal fired power generation in Sri Lanka and […]

Shattered Hopes

DUBAI, Jan 24, 2008 (AFP) – A Sri Lankan maid, in transit on her way home from Kuwait to see her children for the first time in three years, hanged herself in a toilet at Dubai airport, an Emirati daily said on Thursday.The report came just two days after the oil-rich Gulf states reached agreement […]

Cheap Labour

ABU DHABI, Jan 22, 2008 (AFP) – Gulf Arab states heavily dependent on an Asian labour force agreed on Tuesday with labour-sending Asian countries to join forces against the exploitation of expat workers from Asia.Gulf Cooperation Council (GCC) labour ministers and counterparts from Asia are to propose an action plan to protect the welfare of […]

Stereotype

Jan 20, 2008 (LBO) — Sri Lankan writers trying to break into the international arena are facing a barrier from foreign publishers who expect books themed on the three-decade long conflict in the island.She says budding authors also need publishers who provide guidance with good editors who will help spruce up a book. “The books […]

Developing Ideas

Jan 18, 2008 (LBO) – Sri Lankan community organizations that come up with innovative ways to combat discrimination against HIV/AIDS sufferers would get World Bank support to develop and implement their ideas, an official said. More information on the Development Marketplace The World Bank is looking for “creative, innovative ways of carrying a message”, says […]

Bus Blast III

Jan 16, 2007 (LBO) — A roadside bomb in southeastern Sri Lanka that targeted a passenger bus had killed 23 and injured 67, the defence ministry said Wednesday, as a ceasefire with the Tamil Tigers officially drew to a close.The bus was traveling from the town of Buttala to Okkampitiya, an area bordering the Eastern […]

Bloody Day

Jan 16, 2007 (LBO) – Two attacks on civilians in southeastern Sri Lanka left 28 people dead as a truce with Tamil Tigers ended Wednesday, while a roadside bomb injured three soldiers in a military vehicle, authorities said. Suspected Tamil Tiger guerrillas had attacked a group of farmers and killed two in a remote village, […]

Burp

Jan 13, 2008 (LBO) – A second catering firm has set up shop in Sri Lanka’s international airport in Katunayake, breaking a 30 year monopoly held by national carrier, Sri Lankan Airlines, officials said.The Thai food firm, Siam House, which supplies food to the state owned budget airline Mihin Lanka, opened its restaurant in the […]

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