Category: Industry
Health Cover
Feb 03 (LBO) – Large numbers of refugees in Sri Lanka are at increased risk of insect borne diseases and failing health, with officials looking for new and novel ways to fight off infection. The number of Sri Lanka™s internally displaced people (IDP) has gone up by 2.8 percent between April 2006 and the end […]
Feed Line
February 09 (LBO) – A ship carrying essential foodstuff from India is due to reach the Jaffna peninsular next week, an official said. The first ship had brought of 3,200 tonnes of essential foods and this ship would have 1,000 tonnes of rice, 500 tonnes of sugar among its cargo, Nalin Fernando, chairman of the […]
Political Storm
February 9 (LBO) – Three ministers in President Mahinda Rajapakse’s government has been removed from their posts, officials and state television said.Anura Bandaranaike lost the tourism ministry in last month’s cabinet re-shuffle and has been publicly expressing his displeasure. Bandaranaike is former President Chandrika Kumaratunga’s brother. Sri Lanka Freedom Party strongman Mangala Samaraweera who held […]
Pension Hit
February, 9 (LBO) – A one-off pension charge hit Commercial Bank of Ceylon’s earnings in the last quarter, dragging down annual profits despite capital gains from equity sales, draft accounts released Friday said. The bank lost 276 million rupees in the December quarter as a 1,738 million rupee charge to a restructured pension scheme took […]
Alternative Fund
February 09 (LBO) – Sri Lanka will set up an agency to administer the renewable energy sector in Sri Lanka and also establish a fund to support newer forms of energy, a senior minister said. Sri Lanka’s cabinet of ministers had approved the setting up of Sustainable Energy Authority, but the draft law would have […]
Not Funny
February, 08 (LBO) – A decision by the Ceylon Petroleum Corporation to tender its liquid petroleum gas output in the open market will re-create an absolute monopoly, Sri Lanka’s second gas retailer has said. CPC which produces about 10 percent of the country’s annual L P gas requirements now sells its production to Laugfs Lanka, […]
Rain stops India-Sri Lanka one-dayer
KOLKATA, India, Feb 8, 2007 (AFP) – Unseasonal rain turned into a torrential downpour, forcing the first one-day international between India and Sri Lanka to be called off here on Thursday.A sell-out crowd of 88,000 at the Eden Gardens returned home disappointed as the weather ruined what promised to be an absorbing contest. Sri Lanka […]
Broader Access
Feb 08, 2007 (LBO) – Sri Lanka’s largest mobile operator, Dialog Telekom which helped make mobile phones a ubiquitous device in the country, says it wants to do the same to the digital pay TV industry. “If I were to trace back ten years, we took that device that was considered a luxury – a […]
Jumbo Records
February 8, 2007 (LBO) – Guinness World Records could start a new record category on jumbo sized cabinets of ministers if a formal request is made, a Guinness official said. Rajapakse’s former ally, the Marxist JVP or People’s Liberation Front, said the huge cabinet for a country of 19.5 million people had made Sri Lanka […]
Oil Deposit
February 07, 2007 (LBO) — Sri Lanka has asked governments of India and China to make a 100 million dollar deposit each, for securing a block to explore oil off the shores of the island, a top official said.“Out of the eight identified oil blocks we have given one each to India and China on […]
India and Sri Lanka tune up for World Cup
KOLKATA, India, Feb 7, 2007 (AFP) – India and Sri Lanka get an early chance to size up each other ahead of the World Cup when they play a four-match limited overs series starting here on Thursday.Both teams are drawn together in group B of the World Cup preliminary rounds alongside Bangladesh and Bermuda, with […]
Tech Assisted
Feb 07 (LBO) – Sri Lanka is to get help from global Information Technology company Microsoft, to revamp local IT literacy skills, currently ranked lower than other South Asian countries. Director of public sector programs for Microsoft, Vincent Quah says, the ICT literacy level among Sri Lanka’s population is around 10 to 15 percent compared […]