Category: Industry
Sri Lanka station wins two awards from Emirates
June 26, 2008 (LBO) – The passenger and cargo operations of Emirates in Sri Lanka have won two of the carrier’s global performance awards in 2007-08, the airline said in a statement. It received the Outstanding Achievements Award in the Passenger category and the Best GSA Award from Emirates SkyCargo at Emirates’ worldwide, annual commercial […]
Plane flies past destination as pilots doze: report
NEW DELHI, June 26, 2008 (AFP) – An Air India flight headed for Mumbai overshot its destination and was halfway to Goa before its dozing pilots were woken out of a deep slumber by air traffic control, a report said.The high altitude nap took place approximately two weeks ago, the Times of India reported Thursday. […]
Writing Prize
June 26, 2008 (LBO) – Journalists who write on issues related to institutions of a free society, free markets and sound science have until June 30, to submit their work and win 15,000 US dollars in prize money, a top think thank has said.The International Policy Network’s (IPN) Bastiat Prize for journalism is inspired by […]
Sri Lanka stages international gem show to entice buyers
June 25, 2008 (LBO) – Sri Lanka’s international gem and jewellery trade show ‘Facets Sri Lanka’, a key annual event that helps increase the island’s gem exports, is to be held in September this year, its organizers said. A new feature at this year’s show will be competitions to recognize the best gem cutter, best […]
Sri Lankan Airlines adds flights to Middle East
June 25, 2008 (LBO) – Sri Lankan Airlines, the island’s national carrier, said it has increased flights to the Middle East to support government moves to attract more tourists from the region. The state-owned airline said in a statement that weekly flights to the city of Doha had been increased to six from four previously, […]
Olympic athletes set to shine through smog, doping scandals
PARIS, June 24, 2008 (AFP) – Beijing Games organisers will be hoping that the exciting crop of competitors in the blue riband event of athletics can dispel the sordid spectre of doping and provide a feast of top-class sport.Certainly, there is a raft of big-name draw cards and record-breakers for whom the stage is set […]
Sri Lanka chamber says trade missions yield contracts, orders
June 24, 2008 (LBO) – Business promotion missions to Iran and Pakistan organized by the Ceylon Chamber of Commerce (CCC) have resulted in several contract agreements and confirmed orders for Sri Lankan companies with others under negotiation. The CCC said in a statement it was now doing a study to explore possibilities of leading two […]
Plastic Preference
June 24, 2008 (LBO) – Sri Lanka’s ABC Group says its tri-lingual credit card is gaining popularity, especially in rural areas, and consumers are relying more on credit with inflation soaring to 30 percent. Garment sector employees and rural youth apply for the card owing to its tri-lingual facility and ease of use, says Orville […]
Greek Deal
June 24, 2008 (LBO) – Ceylon Shipping Corporation (CSC), Sri Lanka’s national shipping line, has struck a deal with a member of a famous Greek shipping dynasty for a joint venture project to transport petroleum products and supply ship fuel. The CPC wants to go for long-term freight contracts to reduce costs and be able […]
Sri Lanka power engineers say talks successful
June 23, 2008 (LBO) – Sri Lanka’s power engineers are to formally decide on ending their work-to-rule campaign Monday following successful talks with President Mahinda Rajapakse yesterday, an official said. The Ceylon Electricity Board Engineers Union (CEBEU) started trade union action last week, seeking the removal of chairman Udayasri Kariyawasam and duty-slashed car concessions. A […]
Buy One
June 22, 2008 (LBO) – A Sri Lankan car dealer is taking a buy-one-get-one-free strategy to sell off luxury vehicles, borrowing a strategy used by fast moving consumer goods makers to sell soap, cosmetics and cereal. In Sri Lanka inflation is at the highest level in its history touching 30 percent and interest rates are […]
Sri Lanka Hayleys in wind energy; boosts hydro power capacity
June 21, 2008 (LBO) – Sri Lanka Hayleys group is building a 10MegaWatt wind power plant in the island’s Western coast and is planning to boost it hydro power capacity to 15Mega Watts, the company said. In the year to March 2008 the power and energy sector has shown a 53 percent return on 709 […]