Category: Other
Electronic Fraud
Nov 04, 2012 (LBO) – Two Romanian nationals have been arrested over a millions of rupees have been stolen from unsuspecting account holder using forged automated teller machine cards, a media report said. Sri Lanka’s The Sunday Times newspaper said at least 2.3 million rupees have been stolen from the account holders from banks in […]
Impeachment View
By J C Weliamuna Nov 04, 2012 (LBO) – The Rajapaksha Regime, through its parliamentarians, handed over an impeachment motion to the Speaker, the elder brother of the President Rajapaksha against the first woman Chief Justice of the country. It appears that the Government of Sri Lanka is in a mighty hurry to get rid […]
Label Rules
Nov 03, 2012 (LBO) – Sri Lanka’s Ceylon Tobacco Company, a unit of British American Tobacco has gone to the court of appeal against new labeling rules by the island’s health ministry which requires graphic labeling. Health agencies, starting from US surgeon general’s office under Luther Terry, a former John Hopkins University professor and the […]
Sri Lanka Nestle unit profits up 3.9-pct
Nov 02, 2012 (LBO) – Sri Lanka’s Nestle Lanka Plc, a unit of Switzerland Nestle, said profits in the September quarter rose 3.9 percent from a year earlier to 798 million rupees as it took steps rolex replica to counter the effects of a depreciating currency and higher energy costs. The firm reported earnings of […]
Sri Lanka rains seen hurting tea crop
Nov 02, 2012 (LBO) – Heavy rains in Sri Lanka’s tea growing areas are not likely to lead to a sharp recovery in crops that have been reduced by drought, a tea broker said. John Keells brokers also said the rains will relieve the suffering caused by drought which had reduced irrigation water and hydro-power […]
Impeachment
Nov 01, 2012 (LBO) – Sri Lanka has begun a process to impeach chief justice Shirani Bandaranayake with a motion signed by with 117 legislators representing the ruling coalition, information minister Keheliya Rambukwelle said. Rambukwelle said the harmony between the parliament and judiciary had been disturbed with the judiciary overstepping its role, which has prompted […]
Sri Lanka hosts pepper talks
Oct 30, 2012 (LBO) – Sri Lanka will host the annual meeting of an inter-governmental organization of pepper producing countries this week, where production and export issues will be discussed, including a new set of manufacturing guidelines. Once approved, they will be applicable to all the member countries who have faced complaints from buyers about […]
Sri Lanka Bogawantalawa Plantations returns to profit
Oct 30, 2012 (LBO) – Sri Lanka’s Bogawantalawa Plantations, which has interests in tea and timber said it made profits of 88.9 million rupees in the September 2012 quarter recovering from a loss of 127 million rupees a year earlier. Last year’s losses were partly caused by steep increase in gratuity liability following an increase […]
Khurshid named foreign minister in India reshuffle
NEW DELHI, Oct 28, 2012 (AFP) – Indian Prime Minister Manmohan Singh appointed Salman Khurshid as his new foreign minister as he brought seven new faces into cabinet Sunday in the biggest reshuffle since his 2009 re-election. Khurshid, 59, replaces the 80-year-old S. M. Krishna as the top diplomat and his post as the law […]
Sri Lanka moves to overcome cinnamon peeler shortage
Oct 26, 2012 (LBO) – Sri Lanka is to set up a training centre to train cinnamon peelers with foreign aid and improve production standards that will help boost exports, officials said. Sarada de Silva, chairman of the Spice Council, an industry body, said the main outcome of the project will be the establishment of […]
Sri Lanka Watawala Plantation profit from palm oil
Oct 25, 2012 (LBO) – Sri Lanka’s Watawala Plantations said it made profits of 186 million rupees in the September 2012 quarter, turning around from a loss of 16. 8 million rupees helped by palm oil. The firm reported earnings of 79 cents per share for the quarter. For the six months to June 2012, […]
‘s roots
PARIS, Oct 20, 2012 (AFP) – It can be green, black, white or red and, after water, is the most widely consumed drink on the planet. Like a wine sommelier, she speaks of “the spirit of tea”, its tastes, its odours — up to 600 in a single tea. She conducts a meticulous ritual to […]