Category: Industry
‘s Sangakkara to quit T20 after world meet
COLOMBO, March 16, 2014 (AFP) – Sri Lanka’s Kumar Sangakkara will retire from Twenty20 internationals after the ongoing World T20 in Bangladesh, the veteran left-hander told a newspaper on Sunday, The 36-year-old said he wanted to make way for younger players in the national team, but made himself available to play the shortest format in […]
Missing MH370, hypoxia or hijack to blame?
Mar 15, 2014 (LBO) – As the US deployed aircraft and ships to the Indian Ocean capable of underwater listening facilities, more details have emerged about a possible flight path of the missing airliner painting scenarios of hypoxia or hijack. Hypoxia or oxygen starvation from loss of cabin pressure incapacitates crew, making then incapable of […]
Sri Lanka Hambantota port industries to be powered by LNG
Mar 15, 2014 (LBO) – Sri Lanka Ports Authority is in discussions with an Australia based firm to set up a liquefied natural facility to drive an industrial zone in Hambantota instead of coal, an official said. SLPA chairman Priyath Wickrama said several heavy industries in the port initially planned to use coal, which could […]
New US lead thrusts Malaysia jet search into Indian Ocean
KUALA LUMPUR, March 14, 2014 (AFP) – The needle-in-a-haystack hunt for a missing Malaysian airliner spread to the vast Indian Ocean Friday after the White House cited “new information” that it might have flown for hours after vanishing nearly seven days ago. Multiple US media reports, citing American officials, said the Malaysia Airlines Boeing 777’s […]
Sri Lanka tourist arrivals up 24-pct in February
Mar 14, 2014 (LBO) – Sri Lanka’s tourist arrivals rose 24.5 percent to 141,878 in February 2014 from a year earlier, with India, Russia and China leading gains, the state tourism promotion office said. Late last year Sri Lanka suddenly reported higher tourist arrivals and revised upwards data from earlier months amid growing uncertainty about […]
Cricket: Afridi hopes to regain fitness ahead of World T20
LAHORE, March 13, 2014 (AFP) – Pakistan allrounder Shahid Afridi said Thursday he was hopeful of a quick recovery from injury in time for the World Twenty20 in Bangladesh next week after his exploits at the Asia Cup. The 34-year-old hurt his groin during the recent one-day tournament, which concluded last week and was also […]
” flights
Mar 13, 2013 (LBO) – The mystery over a missing Malaysia Airline flight has deepened with reports that it may have been airborne for hours, recalling earlier ‘ghost flight’ events with no communications.In 2004, A Beechcraft 200 Super King Air left Perth on a 600 kilometre journey and eventually flew 2,840 kilometres before crashing in […]
Cloud Service
Mar 13, 2014 (LBO) – Sri Lanka Telecom said it had started a cloud computing service branded ‘akaza’ as it deploys high speed broadband internet around the country.“Today, around the globe, high-end enterprises, private and public institutions, small and medium enterprises (SMEs) and micro businesses tap into cloud computing to lower their costs and increase […]
Malaysia seeks more Sri Lankan visitors amid visa fee hike
Mar 12, 2014 (LBO) – Malaysia is seeking more visitors from Sri Lanka and an expansion of weekly flights, amid a ten-fold hike in visa fees that has made travel to the country more expensive.“But we are looking into public comments, agencies comments and also the service level of facilitator if we are to make […]
Sri Lanka Lee Hedges in US$9mn office complex
Mar 11, 2015 (LBO) – Lee Hedges Plc, a unit of Sri Lanka’s Pioneer group of companies will build a 1.2 billion rupee, 15-floor office complex, the state investment promotion agency said. The project is implemented through Lee Hedges Investments Ltd, a unit of Lee Hedges Plc which is in the pioneer group. The building […]
Plastic Cash
Mar 11, 2014 (LBO) – Sri Lanka’s Commercial Bank of Ceylon says it has seen a sharp increase in payments by debit card and 400,000 new cards had been issued over the past year.Outstanding credit was 49.3 billion rupees up from 44.4 billion rupees in December. The bank claims to have the ‘largest active debit […]
Tele Effort
HANOVER, March 9, 2014 (AFP) – Britain and Germany will team up to work on developing the next super-fast mobile network, 5G, Prime Minister David Cameron told the opening of the world’s biggest high-tech fair Sunday.Cameron said the initiative was one of three areas he wanted Britain and Germany to collaborate on to “pool ideas, […]