Category: Industry
Net Security
Jan 25, 2008 (LBO) – Bank of Ceylon (BOC) has deployed international authentication services provider VeriSign’s hacking and identity theft countering security features in its online banking transactions in Sri Lanka. VeriSign’s Identity Protection Services (VIP) for BOC’s online banking customers will provide an extra layer of security through VeriSign’s multiple authentication scheme. The scheme […]
Travel Costs
Jan 25, 2008 (LBO) – The national transportation commission of Sri Lanka has authorised a hike in bus fares due to recent fuel price increase, but private bus owners say it is insufficient. The fare increases approved by the commission will be effective from February 1 and are meant to minimise the effects of recent […]
LawAsiaICT2008
Jan 25, 2008 (LBO) — Sri Lankan regulators should look for all options to bring down the cost of mobile phone ownership as the industry has emerged as a key driver of economic growth, the head of the island’s top celco has said.Better connectivity has enabled people become more productive, he added. Business drivers in […]
Digital TV
Jan 24, 2008 (LBO) – Mobile operator Dialog Telekom’s digital broadcasting of terrestrial television via standard broadcast frequencies will be less costly for content providers and increase reception throughout Sri Lanka, company officials said. Dialog’s Terrestrial Digital Video Broadcasting (DVB-T) pilot project was launched Wednesday covering areas north of the capital Colombo like the Wattala […]
LawAsiaICT2008
Jan 24, 2008 (LBO) — Sri Lankan regulators should look for all options to bring down the cost of mobile phone ownership as the industry has emerged as a key driver of economic growth, the head of the island’s top celco has said.Business drivers in emerging markets like Sri Lanka need to make services more […]
Shattered Hopes
DUBAI, Jan 24, 2008 (AFP) – A Sri Lankan maid, in transit on her way home from Kuwait to see her children for the first time in three years, hanged herself in a toilet at Dubai airport, an Emirati daily said on Thursday.The report came just two days after the oil-rich Gulf states reached agreement […]
Rubber Cheques
Jan 24, 2008 (LBO) — One in ten cheques issued in Sri Lanka bounces and account holders are writing dud cheques with impunity despite it being a criminal offense, a top central banker said.Central Bank deputy governor Ranee Jayamaha says nine percent of the 250,000 cheques, especially in the Colombo area sent for clearing are […]
LawAsiaICT2008
Jan 23, 2008 (LBO) – Sri Lankan employers should enforce rules on e-mail and internet access to prevent misuse of company property and avoid potential legal problems, an expert told a law conference in the capital Colombo. But it also posed risks like firms not having enough oversight and supervision, how to compute hours worked […]
Mobile Strategy
Jan 22, 2008 (LBO) – Sri Lanka’s mobile service provider Tigo plans to rely on giving better value to increase market share and revenue and not wage a price war with rival local mobile operators, company officials said. “We do not believe that a price war will benefit anybody including the customer. There has to […]
Cheap Labour
ABU DHABI, Jan 22, 2008 (AFP) – Gulf Arab states heavily dependent on an Asian labour force agreed on Tuesday with labour-sending Asian countries to join forces against the exploitation of expat workers from Asia.Gulf Cooperation Council (GCC) labour ministers and counterparts from Asia are to propose an action plan to protect the welfare of […]
Sri Lanka to tackle young Australian guns
MELBOURNE, Jan 21, 2008 (AFP) – A number of Australian Test hopefuls will get the chance to stake their claim for higher honours when they play for the Prime Minister’s XI against Sri Lanka on January 30 at Canberra’s Manuka Oval.Cricket Australia Monday announced a strong squad for the match and included in the side […]
Sri Lanka sees major power failure
Jan 21, 2008 (LBO) — Power supply to most parts of Sri Lanka failed as a transformer in a transmission line just outside the capital burst in the early hours of Monday, officials at the state power utility said. A current transformer in the Kotugoda grid substation had burst tripping off the adjacent Biyagama substation […]