Category: Industry
Synthetic Fuel
WASHINGTON, June 17, 2007 (AFP) – A fiery debate has been rekindled in Washington as US lawmakers mull proposed incentives to produce diesel fuel from coal.“By using one of our nation’s most abundant natural resources, coal, to produce transportation fuels, we can address fuel cost concerns, make our nation less reliant on imports from politically […]
Bangladesh in Sri Lanka despite security fears
June 17, 2007 (AFP) – Bangladesh’s national cricket team arrived in Sri Lanka on Sunday for three Test matches and three one-day internationals despite heightened fears of Tamil Tiger bomb attacks, officials said. The Sri Lankan government immediately hailed the visit as a sign of confidence in the island’s security arrangements. “The Bangladeshi government has […]
Heaven Sent
June 16, 2007 (LBO) – Sri Lanka’s power utility has increased its hydro storage after heavy rains in the last three days, and if the trend continues it may be able to avoid power cuts in the immediate future, LBO learns. The Ceylon Electricity Board warned that power cuts were imminent after monsoon rains were […]
Digital Sheep
WASHINGTON, June 15, 2007 (AFP) – The FBI is in the process of locating and notifying the users of one million computers controlled by hackers through automated crime networks or “botnets,” officials said Friday.The FBI warned computer users that it would not contact victims online, and said any e-mails suggesting this should be viewed with […]
Sailing Away
June 15, 2007 (LBO) – Sri Lanka’s Aitken Spence conglomerate is exiting from its ship-owning business because of lower earnings from chartering and rising maintenance costs, the company has said. The group has begun selling its fleet of small cargo ships which until recently helped boost the group’s bottom line. The group made a “strategic […]
Off-Grid
June 15, 2007 (LBO) – Sri Lanka will be able to light up 60,000 rural homes and also connect new private-sector renewable energy to the urban power grid with a new World Bank credit, the multilateral lender said. Only three-fourths of households in Sri Lanka have grid-connected power and it is too expensive for the […]
New coach say Sri Lanka can win World Cup
June 15, 2007 (AFP) – Sri Lanka’s new coach Trevor Bayliss Friday said he was hopeful that the island could win the next World Cup.Bayliss, 44, was picked Thursday night to replace another Australian, Tom Moody, who quit last month to work with Western Australia after having guided Sri Lanka to the World Cup final. […]
Smoke Sales
June 15, 2007 (LBO) – Sri Lanka plans to set up a carbon fund to promote carbon trading and provide financial as well as technical support for potential project developers, a government minister said Thursday. The concept imitates an ecosystem that produces food and manages the land. Trees and vegetables useful to mankind will be […]
Telemedicine
June 15, 2007 (LBO) – Sri Lanka has equipped a rural hospital with computer facilities and a broadband link to offer patients remote consultation, diagnosis, and treatment through telemedicine, the government information technology agency ICTA said Friday. The project in Kurunegala, in the island’s north-central region, was launched under the Information and Communication Technology Agency™s […]
Sri Lanka downturn cushioned by Maldives profits of top leisure firms
June 15, 2007 (LBO) – Two of Sri Lanka’s leisure sector players have managed to cushion a downturn in tourism on the island, with profits from resorts they own in the Maldives. . John Keells Holdings, one of the biggest capitalised firms in the Colombo bourse, and Aitken Spence, have been expanding in to the […]
Australians in running for Sri Lanka coaching job
June 14, 2007 (AFP) – Sri Lanka has short-listed a handful of Australian coaches to take over the national team, officials said Thursday.Former Sri Lankan fast bowler Rumesh Ratnayake will assist Penney until the formal appointment of a new coach.“Terry Oliver and Trevor Bayliss are under consideration,” a Sri Lanka Cricket (SLC) source told AFP. […]
Sri Lanka names Bayliss as coach
June 14, 2007 (AFP) – World Cup finalists Sri Lanka on Thursday named ambitious Australian Trevor Bayliss as their new coach on a two-year deal.Bayliss, 44, who currently coaches New South Wales, replaces another Australian Tom Moody, who quit last month to work with Western Australia. “Bayliss has been appointed for a two-year period starting […]