Category: Industry
Sri Lanka, Korea in bid to boost trade, investment
Jan 22, 2014 (LBO) – A business forum in Sri Lanka on January 30 with the participation of a top Korean trade and investment promotion official is targeting greater business links between the two countries, organizers said. Weon Cheol Koh, head of KOTRA, the Korean and trade and investment promotion office will address the forum, […]
Rate Expectations
Jan 22, 2014 (LBO) – Sri Lanka’s policy rates will probably be kept at current levels for the next three to six months, a media report said as inflation remained subdued compared to earlier levels.“There may be some other adjustments that we may need to make in the economy as we move on, but from […]
Sri Lanka hoteliers showcase industry to students
Jan 21, 2014 (LBO) – Sri Lanka’s hotels are showcasing the industry to students in several parts of the country starting through a series of seminars and hotel visits. The Hotels Association of Sri Lanka (THASL) in association with Negombo Hoteliers Association and Institute of Tourism and Hospitality Management (ITHM) will conduct the first seminar […]
Sri Lanka Telecom expands broadband coverage
Jan 20, 2014 (LBO) – Sri Lanka Telecom said it had expanded broadband service coverage by deploying fourth generation wireless technology to areas that are not served by its wired network.From January data volumes on all broadband packages had been increased. SLT provides broadband services through ADSL (assymetrical-digital-subscriber-lines), fibre to home and now through 4G […]
Pakistan push Sri Lanka hard for series-levelling win
SHARJAH, January 19, 2014 (AFP) – Pakistan grabbed the prized wicket of Mahela Jayawardene to press their advantage for a series-levelling win over Sri Lanka in the third Test in Sharjah on Sunday. Earlier, Pakistan were bowled out for 341 in their first innings, 87 short of Sri Lanka’s first innings total of 428 for […]
Broad Expansion
Jan 20, 2014 (LBO) – Sri Lanka Telecom said it had expanded broadband service coverage by deploying fourth generation wireless technology to areas that are not served by its wired network.From January data volumes on all broadband packages had been increased. SLT provides broadband services through ADSL (assymetrical-digital-subscriber-lines), fibre to home and now through 4G […]
Sri Lanka US$7.8mn resort opens
Jan 20, 2014 (LBO) – A 96-room hotel built with an investment of 7.8 million US dollars has opened in Sigiriya in central Sri Lanka. The Aliya (elephant in Sinhalese language) Resort & Spa, is constructed on a 22-acre area to blend with villages in the area, Sri Lanka’s economic development ministry said after minister […]
Giant Vessel
SEOUL, January 20, 2014 (AFP) – South Korean shipbuilder Hyundai Heavy Industries said Monday it had started construction on a Chinese order for the world’s largest container ships.China Shipping Container Lines (CSCL) awarded the contract for the five vessels — each with a capacity of 18,400 TEU (20-foot equivalent unit) container boxes — to Hyundai […]
Cricket: Shehzad hits hundred but Pakistan toil for runs
SHARJAH, January 18, 2014 (AFP) – Opener Ahmed Shehzad scored a maiden century but Pakistan toiled for runs in their bid for a series-levelling win against Sri Lanka in the third and final Test in Sharjah on Saturday. The 22-year-old right-hander made 147 in only his second Test as Pakistan scored 291-6 at close on […]
Obituary
Jan 19, 2014 (LBO) – R B Ekanayake, an information communications technology industry veteran who was has contributed in key ways to automating Sri Lanka’s banking sector has passed away.He had been President of Sri Lanka’s Association Professional Bankers had as received the award for the ‘Most Outstanding Contribution to the Banking Sector.‘ Ekanayake was […]
Access
OSLO, January 18, 2014 (AFP) – Most books published in Norway before 2001 are going online for free thanks to an initiative that may have found the formula to reconcile authors with the web.At a time when the publishing world is torn over its relationship to the Internet — which has massively expanded access to […]
Cricket: Perera, Mathews miss hundreds as Sri Lanka foil Pakistan
SHARJAH, January 17, 2014 (AFP) – Dilruwan Perera missed a century on his debut while skipper Angelo Mathews fell for 91 as Sri Lanka frustrated Pakistan in the third and final Test in Sharjah on Friday.Perera (95) and Mathews made life difficult for Pakistan through their 112-run seventh wicket stand before Sri Lanka declared their […]