Category: Industry
Sri Lankans offered Indian medical tourism packages
Dec 07, 2010 (LBO) – A range of medical treatment presently unavailable in the island will be made available to Sri Lankans in neighboring India at an affordable cost, a newly launched health tourism company said. “Our aim is to offer high quality health care at an affordable cost to middle income families,” Manilal Fernando, […]
Cargo Trends
Dec 07, 2010 (LBO) – Container volumes handled by the Sri Lanka Ports Authority (SLPA) hit a record two million in the 11 months to November 2010, up 26. 5 percent from a year ago, a statement said. Total containers handled by the port of Colombo would reach four million TEUs (Twenty-foot container Equivalent Units) […]
Terminal Tales
Dec 07, 2010 (LBO) – Container volumes at Sri Lanka’s South Asia Gateway Terminals (SAGT), a private transhipment facility in Colombo port, fell to a yearly low in November, latest statistics show. The private terminal has become a key source of profits for JKH in recent years, along with a bunker fuel unit in Colombo […]
Taking Action
Dec 06, 2010 (LBO) – Sri Lankan police found pirated software worth 7.5 million rupees in raids on an ‘international group of companies’ as part of a crackdown on software piracy, a statement said. Shalini Ratwatte, consultant, Business Software Alliance, said intellectual property protection “is vital for building investor confidence and supporting the growth of […]
Phone Rivalry
Dec 06, 2010 (LBO) – Sri Lanka Telecom has reduced call charges and phone rentals and offered reductions for customers who chose packages with broadband and IPTV bundled together with voice services, a statement said. Those with broadband and IPTV services bundled into their packages are offered lower rates, the SLT statement said. SLT, the […]
Portable Cabin
Dec 06, 2010 (LBO) – Logiventures, a unit of Sri Lanka’s Hayleys group, expects an anticipated post-war construction boom to increase demand for its portable cabins made of converted cargo containers, a statement said. Since our Convertainers most often accommodate people in site offices, workshops, sanitary units and similar applications, quality management systems pertaining to […]
Sammy hails Bravo as Sri Lanka series drawn
PALLEKELE, December 5, 2010 (AFP) – West Indies captain Darren Sammy said Darren Bravo’s highly impressive performances were chief among a number of plus points his team could take from the drawn Test series against Sri Lanka. The three-match series ended 0-0 on Sunday following rain-hit Tests in Galle, Colombo and Pallekele and they now […]
‘s Herath shines on rain-hit day
PALLEKELE, December 4, 2010 (AFP) – Sri Lanka’s Rangana Herath bagged three wickets in five overs before the West Indies reached 303-8 in their first innings on the penultimate day of the third and final Test on Saturday. Sulieman Benn was unbeaten on 29 with the help of two sixes and Kemar Roach on 12 […]
‘s top hydro reservoir starts to spill
Dec 04, 2010 (LBO) – Sri Lanka’s Victoria reservoir in the Mahaweli river started to spill Saturday for the first time since 2006 amid heavy rains lashing the island, raising the possibility that downstream reservoirs may also spill. Water then flows to Randenigala lower in the cascade. The reservoir is about three meters below. It […]
Credit Upturn
Dec 04, 2010 (LBO) – Sri Lanka’s loans to private citizens from commercial banks grew 15. 5 percent to 1,361.5 billion rupees in September from a year earlier while credit to government grew at a slower 6. 8 percent. After contracting in 2009, credit to private business had grown 165 billion rupees. In the month […]
Sri Lanka renewable tariffs: waste, dendro, wind most expensive
Dec 03, 2010 (LBO) – Sri Lanka’s new tariffs for renewable energy show that dendro (wood) would be more expensive than wind and municipal waste heat would be paid the highest tariff, displacing wind as the most expensive source. New tariffs released by the Public Utilities Commission in November 2010 say that municipal waste fired […]
Sri Lanka power regulator proposes green tariffs; cross subsidies
Dec 03, 2010 (LBO) – Sri Lanka’s power regulator has called for public responses on proposed new tariffs for next year, which indicate steep rises for some domestic users and low prices for industry and government offices and a new green tariff. Sri Lanka governments own energy policy has an objective to cut widely discriminatory […]