Category: Other
Sri Lanka fishery sector needs new techniques, better resource data: think tank
Nov 14, 2010 (LBO) – Sri Lanka’s fishery sector needs more data on resource stocks, especially in war-torn Northern areas, new techniques and improvements in post harvest handling, a think tank has said. In 2008 fish production in Sri Lanka’s eastern province had increased to 70,520 metric tonnes from 39,760 tonnes a year earlier. In […]
‘s construction boom runs out of engineers
NEW DELHI, November 14, 2010 (AFP) – Evidence of India’s construction boom can be seen in the new high-rise apartments sprouting up across the country, but the industry is suffering from a serious shortage of engineers and designers. “Until things change, we might manage some big-ticket items like the Delhi Metro with the help of […]
Sri Lanka gets ADB help to cope with climate change
Nov 13, 2010 (LBO) – Sri Lanka has drafted a national strategy for climate change adaptation with the support of the Asian Development Bank (ADB), a statement said. The ADB, working with the Ministry of Environment, has given technical assistance for a new framework to enable Sri Lanka’s economy and people to cope with climate […]
Sri Lanka estate workers get Indian aid for homes
Nov 10, 2010 (LBO) – India will build 5,000 homes for workers on Sri Lanka’s plantations in the central hills which are a key sector of the island economy, a statement from the Indian High Commission said. Indian High Commissioner Ashok Kantha announced the stepping up of Indian assistance for people in the hill country […]
‘s seas
PENANG, November 10, 2010 (AFP) – Overfishing in Southeast Asian seas has left garoupas and sea bass in dire straits, searching for mates on denuded seabeds, according to experts alarmed by ever-declining catches. Marine scientists and fishermen say that popular fish species — especially the large and valuable ones — have been caught indiscriminately, causing […]
Scorned
November 9, 2010 (AFP) – Newspaper editors in Sri Lanka on Tuesday refused to publish pictures of men and women who are wanted by police for appearing on porn websites in the country. Under a crackdown on pornography on the Indian Ocean island, police are trying to trace local men and women pictured in compromising […]
Bangladesh plans mass privatisations to cool stock market
DHAKA, November 8, 2010 (AFP) – Bangladesh will offload stakes in dozens of state-owned enterprises as part of a major government effort to cool down the country’s overheated stock exchange, its finance minister said Monday. Eight state-owned firms, including major energy and power firms, which are already listed will be made to sell more shares, […]
Maldives Aitken Spence hotel bags a World Travel Award
Nov 08, 2010 (LBO) – Adaaran Prestige Water Villas, a resort in the Indian Ocean Island of Maldives, run by Sri Lanka’s Aitken Spence group won the award of the World’s Leading Watervilla at a top travel awards. Maldives also won the award for the ‘Most Romantic Destination’ at the awards on November 07. The […]
Coal India issue could boost future state sales: analysts
MUMBAI, November 7, 2010 (AFP) – The success of India’s 3. 4-billion-dollar sale of shares in state-run Coal India has raised hopes of big returns for the government from a cascade of looming partial privatisations, analysts say. The sale of a 10 percent stake in Coal India was oversubscribed 15 times and shares soared 40 […]
Prison Clash
November 7, 2010 (AFP) – More than 50 police and prison officials were injured Sunday by inmates at Sri Lanka’s main jail in the capital Colombo after authorities launched a drugs raid, officials and doctors said. Convicts beat up police as they stormed the Welikada prison to search for hidden narcotics as part of a […]
” India visit
MUMBAI, November 6, 2010 (AFP) – President Barack Obama announced Saturday 10 billion dollars in trade deals with India to create 50,000 US jobs, on a visit that began with an emotional tribute to victims of the 2008 Mumbai attacks. Kicking off a four-nation Asian tour weighted towards prying open new markets for US goods, […]
Sri Lanka Dialog broadband speeds rated best
Nov 05, 2010 (LBO) – Broadband download speeds delivered by Dialog Axiata, Sri Lanka’s dominant mobile operator, exceed expectations although its main rival Sri Lanka Telecom (SLT) does better on other measurements, a report said. Dialog’s 1Mbps (megabytes per second) post-paid broadband package delivers more than promised in download speeds, recent Quality of Service Experience […]