Sri Lanka in ADB south Asia tourism project

July 28, 2009 (LBO) – Sri Lanka has been included in an Asian Development Bank funded project to link and promote tourist sites in south Asian countries, especially for eco-tourism and pilgrimage tourism. A report by the ADB said the project was conceived as a linked series of sub-regional tourism investments in the five countries […]

Capital Education

July 27, 2009 (LBO) – Management and finance students of Jaffna University will get easy access to Colombo Stock Exchange data, market regulator Securities and Exchange Commission (SEC) said. The qualification starts with a certificate and leads up to a degree. The SEC said the Jaffna University would get a fully equipped capital market information […]

Train Trouble

July 27, 2009 (LBO) – Sri Lanka’s railway needs to raise fares and train travellers must be prepared to pay more to reduce losses and make the state-owned service viable, experts said.This would ensure enough traffic so the train services could be run profitably, perhaps with private sector investment. The same approach could be followed […]

Slow Lane

July 26, 2009 (LBO) – Too many transport ministries and agencies which do not co-ordinate effectively has resulted in poor transport service in Sri Lanka and delayed its aim of becoming a hub, an expert said. There were also high levels of exclusion between different modes – land, water, air – with three ministries involved. […]

Tech Venture

July 25, 2009 (LBO) – Sri Lanka’s Aitken Spence had formed a company to develop hotel sector software, California Software Company Limited (Calsoft), a Bombay listed Indian information technology firm has said. The company will develop software targeting businesses operating in the hospitality industry at first. The joint venture firm named ‘CalSpence’ will have its […]

‘s Sangakkara ton frustrates Pakistan in drawn Test

July 24, 2009 (AFP) – Kumar Sangakkara hit an unbeaten century to steer Sri Lanka to a draw in the final Test against Pakistan here on Friday and win his first series as captain.The left-hander made 130 not out as Sri Lanka, faced with a world record target of 492, defied the Pakistani bowlers to […]

Sri Lanka power output down in May, diesel sales up

July 24, 2009 (LBO) – Sri Lanka’s electricity generation in May 2009 fell 3.6 percent to 834 million units (GigaWatt hours) from a year earlier, while diesel sales were up 22.2 percent, the latest government data showed.Thermal power generation at state-run Ceylon Electricity Board (CEB) tripled to 243 million units from 81GWh a year earlier […]

Northern Link

July 24, 2009 (LBO) – Lanka Bell, a Sri Lankan wireless fixed access telco said it had connected the northern Jaffna peninsular to its network, opening a new base station and an office.“A high quality and purse-easy telecommunication service is an essential need of the people in Jaffna,” Lanka Bell managing director Prasad Samarasinghe said […]

Gamata IT

July 24, 2009 (LBO) – Microsoft Sri Lanka said it had begun a drive to make information technology popular in rural areas, with a local language interface, free software downloads and training. Microsoft and its partner organization would also support trading in Sinhalese and Tamil languages. Training literature would also be made available. A school […]

Easy Chats

July 24, 2009 (LBO) – Sri Lanka Telecom said it won a contract to provide communications to the island’s Ministry of Science and Technology and 300 technology transfer centres that include free voice calls within the network. The deal includes supply communications services to technology institutes and research and development centres under the ministry, SLT […]

Knowledge Work

July 24, 2009 (LBO) – Sri Lanka’s software industry said a survey of export earnings indicates it had grown rapidly in a short period and had high levels of revenue per employee and return on capital employed. “The industry is based on knowledge workers and creates high paying jobs for educated youth. IT/BPO industry is […]

Sea Links

July 24, 2009 (LBO) – Sri Lanka plans to propose reviving ferry services and a railway link with India, across the Palk Straits, at a conference of south Asian transport ministers in Colombo, the island’s transport ministry said.The two proposals will be put forward by the government during a meeting of transport ministers of the […]

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