Category: Industry
Sri Lanka budget carrier seeks link after Emirates exits SriLankan
Jan 14, 2007 (LBO) — Sri Lanka’s state budget carrier Mihin Air will work on a common commercial strategy with full service SriLankan Airlines, after a management deal with Emirates ends in March, a top official said. “It’s very important after March that SriLankan Airlines and Mihin Lanka work on a common commercial strategy,” Mihin […]
Delayed Reaction
Jan 13, 2008 (LBO) – Sri Lanka has raised fuel prices from midnight Sunday with petrol and furnace oil going up by 10 rupees, diesel 5 rupees and kerosene 2 rupees, the state-run Ceylon Petroleum Corporation (CPC) said. The new price of 90-octane petrol is 127.00 rupees, 95-octane petrol 130.00, auto diesel 80.00, super diesel […]
Sri Lanka cricket chief urges umpiring revamp
Jan 13, 2008 (AFP) – Sri Lanka’s cricket chief and World Cup-winning captain Arjuna Ranatunga on Sunday called for a revamping of the umpiring system in international matches.“My personal view is that two local umpires must officiate with the ICC (International Cricket Council) panel umpire sitting in the box with the match referee,” Ranatunga told […]
Modern Skills
Jan 13, 2008 (LBO) – EDEX 2008, top higher education and career exhibition held this January, will give priority to emerging opportunities in the ICT sector, its organizers said. EDEX officials say country would better improve economic well being by meeting the rising demand for people in the information communication technology (ICT) sector. “In the […]
Burp
Jan 13, 2008 (LBO) – A second catering firm has set up shop in Sri Lanka’s international airport in Katunayake, breaking a 30 year monopoly held by national carrier, Sri Lankan Airlines, officials said.The Thai food firm, Siam House, which supplies food to the state owned budget airline Mihin Lanka, opened its restaurant in the […]
Transit Care
Jan 11, 2008 (LBO) – Sri Lanka’s overcrowded top state cancer hospital would get a 140 bed transit facility to house outpatients, the newly launched Colombo branch of a charity focusing on child patients said. Courage, Compassion and Commitment (CCC) Foundation was founded five years ago in Australia to support child patients at the National […]
Joint Investment
Jan 11, 2007 (LBO) — Sri Lanka’s Hatton National Bank has signed up with City Union Bank to start an investment banking unit in India, the two banks said in a joint statement Friday. “The proposed Joint Venture Investment Banking entity will focus on serving the Indian market to deliver capital raising and advisory services […]
Railway Blast
Jan 11, 2008 (LBO) – A bomb exploded in the main railway station in Sri Lanka’s capital Colombo, injuring one person police said.Fighting between Sri Lanka government forces and the Tamil Tigers have intensified leaving at least 6,000 dead in since 2006, according to official figures. Updated The bomb was kept on a platform under […]
Trade Links
Jan 11, 2007 (LBO) – Sri Lankan shipping officials have questioned the validity of a recent World Bank ranking on logistics that placed the island even below landlocked Uganda, despite Colombo’s position as a container transshipment hub. The criticism came at a videoconference discussion connecting audiences in Bangladesh, India, Pakistan, Nepal, Sri Lanka, and Washington […]
Sri Lanka and India to fix coal power plant site this month: minister
Jan 11, 2008 (LBO) – Sri Lanka and India will finalize the site for a 500 MegaWatt coal fired joint venture power station this month, energy minister John Seneviratne said. About 25 percent of the householders, mostly in rural Sri Lanka do not have access to electricity. Seneviratne said an agreement has been sighed with […]
Sri Lankan Airlines aircraft damaged in Frankfurt
Jan 10, 2007 (LBO) – A SriLankan Airlines aircraft has been damaged at Franfurt airport shortly before take off, but passengers had been housed in hotels and are being flown to Colombo on other carriers, a company spokesman said. In October 2007, another aircraft scraped the wing of a SriLankan Airlines aircraft while it was […]
Sri Lanka sees foreign visitors surge 55-pct in December
Jan 10, 2008 (LBO) – Foreign visitors to Sri Lanka surged 55 percent in the peak winter season month of December 2007, the island’s tourism promotion office said, though the island saw 11 percent less tourists in the full year. Visitors from key Western European markets jumped 56.6 percent to 23,500 in December with the […]