Category: Other
Sri Lanka former war-zone agri produce on show
June 19, 2013 (LBO) – Farmers in Sri Lanka’s former war zones in the North and East are cultivating more land but need modern technology to improve yields, officials who are organizing a trade show to link them to buyers said.Under tariff protection, where prices are higher than the rest of the world, there is […]
‘s inflation cools but rate cut unlikely
NEW DELHI, June 14, 2013 (AFP) – India’s inflation cooled to a more than three-year low in May, data showed Friday, but the rupee’s plunge will likely stall any interest rate cut to kickstart the ailing economy.The Wholesale Price Index, India’s most most closely watched inflation gauge, dropped to 4.7 percent in May on an […]
Sri Lanka fishermen will be safer with vessel monitoring system: minister
June 14, 2014 (LBO) – Sri Lanka is expecting to have a vessel monitoring system operating within five months which will provide up to date weather information to fishermen and reduce loss of life, fisheries minister Rajitha Senaratne said.But warnings will be disseminated through the ‘Sayura’ a fishermen’s radio channel and other media, Senaratne said. […]
Sri Lanka mulls safety rules on fishermen as monsoon kills 54
June 11, 2013 (AFP) – The death toll in Sri Lanka from strong monsoon winds and heavy rains rose to 54, as the government announced on Tuesday new safety requirements for small fishing boats.The minister said small boats which usually go out to sea at night and return at dawn were not regulated and did […]
‘s rupee hits record low against the dollar
MUMBAI, June 10, 2013 (AFP) – India’s rupee hit a record low of 57.54 against the dollar on Monday on growing demand for dollars among oil importers, while the greenback was also boosted by upbeat US jobs data.The partially convertible rupee hit its previous low of 57.32 against the dollar on June 28 last year.On […]
Sri Lanka rice second highest for toxic metal in 12-nation study: report
June 10, 2013 (LBO) – Sri Lanka has come second after Bangladesh for concentrations of cadmium in a listing of 12 countries where rice was tested for toxic metals, a media report said.Cadmium had been linked to a mysterious kidney disease of which the original are still not conclusively known (chronic kidney disease of unknown […]
‘s Watawala in bottom of-the-pyramid tea push
June 10, 2013 (LBO) – Sunshine Holdings Plc, which has the second largest share in the branded tea market, will expand into the bottom-of-the-pyramid segment, with its new third brand, officials said.The firm now had a third of a 10 million kilo branded tea market.Sri Lanka’s total domestic tea consumption is estimated at around 26 […]
Sri Lanka monsoon death toll climbs to 31
COLOMBO, June 10, 2013 (AFP) – Naval boats and helicopters scoured seas off Sri Lanka Monday for dozens of missing fishermen, as the confirmed death toll from heavy monsoon rain and strong winds rose to 31, an official said.The bodies of 30 fishermen plus one victim on land have so far been recovered while another […]
19 dead as monsoon lashes Sri Lanka
COLOMBO, June 9, 2013 (AFP) – Monsoon rains and strong winds in Sri Lanka have killed at least 19 people with dozens more missing, most of them fishermen caught in rough seas, officials said on Sunday. A 20-foot (17-metre) long whale washed ashore in Colombo on Saturday while a stranded giant sea turtle was rescued […]
Five dead, dozens missing as monsoon lashes Sri Lanka
June 8, 2013 (AFP) – At least five people were killed and dozens were missing as strong monsoon rains and wind lashed Sri Lanka on Saturday, damaging buildings on the tropical island, police said.Five people were confirmed dead, four at sea and one on land, while dozens of fishermen were missing, police spokesman Buddhika Siriwardena […]
Sri Lanka to assess marine fish stocks
June 07, 2013 (LBO) – Sri Lanka will conduct a comprehensive marine fisheries stock assessment in 2013 for the first time in nearly four decades with Thai assistance, an official said. Fisheries minister Rajitha Seneratne said last month that fishing vessels from Japan to be run by Koyoshi Kimura, a sushi restaurant chain owner known […]
Sri Lanka Sunshine Holdings cuts plantations unit stake
June 7, 2013 (LBO) – Sri Lanka’s Sunshine Holdings said it had sold a stake in its plantations unit to Pyramid Wilmar Plantations (Pvt) Ltd, for 910.3 million rupees. The sale cut its stake in Estate Management Services (Pvt) Ltd to 33.15 percent from 51 percent by the sale of 5.59 million shares, the firm […]