Category: Industry
‘s police to guard torch: official
SYDNEY, April 21, 2008 (AFP) – More than half the police force in Australia’s capital Canberra will guard the Olympic torch when the troubled relay arrives in the city this week, officials said Monday.Security has been beefed up for Thursday’s run, which is expected to attract hundreds of pro-Tibet demonstrators angry at China’s treatment of […]
” against torch protesters on Everest
KATHMANDU, April 20, 2008 (AFP) – Authorities in Nepal said Sunday they had deployed security forces on their side of Mount Everest and could use gunfire against pro-Tibet protesters when China takes the Olympic torch to the summit.Nepal has been under pressure from Beijing to seal off the world’s highest peak for next month’s stages […]
Sri Lanka Janashakthi, Kayjay in home security insurance deal
April 20, 2008 (LBO) – Insurers have been collaborating with banks to sell their services for years, but a tie up with a security firm looking after daytime-unoccupied homes is gaining a lot of interest.. People are getting busier and there is more work pressure and more females are also working so most of the […]
‘s Premier League cricket
NEW DELHI, April 18, 2008 (AFP) – Agence France-Presse (AFP) and other top news agencies have said they will not cover cricket’s inaugural Indian Premier League, which starts Friday, due to curbs on the distribution of photographs.IPL officials have prohibited news agencies from supplying photographs to cricket-specific websites for the eight-team, Twenty20 tournament. The London-based […]
Iranian president to inaugurate Sri Lanka hydro-power project
April 19, 2008 (AFP) – Iran’s President Mahmoud Ahmadinejad will travel to Sri Lanka later this month to inaugurate construction of an Iranian-funded hydroelectricity project, the government said on Friday.Iran is paying for the 450-million-dollar Uma Oya power project which is slated to produce 100 megawatts of electricity annually. “The Iranian president will be arriving […]
Broad Service
April 19, 2008 (LBO) – Sri Lanka’s Electroteks, a communications firm, says it will launch a wireless broadband service in May which will have voice telephony services at half the existing tariffs. Electroteks chief B A C Abeywardene says the service will use CDMA (code division multiple access) based technology to provide up to 1Mbps […]
Sri Lanka rice price controls fuels fears of black market
April 18, 2008 (LBO) – Sri Lankan traders Friday said they had agreed to sell rice at the new government controlled price but many wholesale shops remained closed in key markets amid warnings of a shortage and emergence of a ‘black market’. Government officials said they would crack down on ‘unscrupulous’ traders who were trying […]
Sri Lankan rice traders protest price controls
April 17, 2008 (LBO) – Sri Lankan traders have protested against a government decision to impose price controls on rice, saying they cannot sell at a loss stocks bought at higher price. K Palaniyandi, chairman of the Pettah Traders Association, representing traders in the capital Colombo, said they hope to have talks with the government […]
Sri Lanka gets Chinese funds for infrastructure development
April 17, 2008 (LBO) – The Chinese government has already allocated over 700 million dollars to build infrastructure in Sri Lanka with talks on for more money to fund expressways, a port and coal power plants, a government official said Thursday. A government delegation that visited China in April was able to secure more funding […]
Ship Arrest
April 17, 2008 9LBO) Sri Lankan shipping authorities have detained a cargo ship in Colombo port for non-compliance with regulations and submission of false documentation, officials said. “The vessel has been detained after our inspectors found certain deficiencies,” said a port official. The authorities had found faulty machinery on board the vessel and that some […]
Pricing Issue
April 16, 2008 (LBO) – Sri Lanka would raise fuel prices before the end of the month after running losses of 7.2 billion rupees in 2008, petroleum minister A H M Fowzie said. Up to April 15, the state-run Ceylon Petroleum Corporation had lost 1,856 million rupees. In March the utility had lost 3,769 million […]
Persian Present
April 16, 2008 (LBO) – Iranian President Mahmoud Ahmadinejad will flag off a billion dollar oil refinery in Sri Lanka, as part of his state visit to the island later this month, officials said. . Sri Lanka’s petroleum minister A H M Fowzie said President Ahmadinejad would lay the foundation stone for the refinery on […]