Category:
’s social progress, as depicted by Michael Porter
Apr 07, 2014 (LBO) – Michael Porter has been one of the most successful business theorists. It could even be said that certain parts of business curricula were invented by him. Like most business-school professors, he likes markets, dislikes excessive government intervention and subsidies and so on. Porter, we are informed by Nicholas Kristof of […]
Sri Lanka tourist arrivals up 17.5-pct in March 2014
Apr 06, 2014 (LBO) – Sri Lanka’s tourist arrivals rose 17.5 percent to 133,048 in March 2014 from a year earlier backed by strong growth from Eastern Europe, East Asia and India, official data showed. Newly emerging Poland extended gains rising 67.2 percent to 1,903. In the first quarter Poland had generated 6,354 visitors up […]
Internet Freedoms
WASHINGTON, April 6, 2014 (AFP) – It could be a difficult breakup between the US government and the Internet.A plan unveiled last month would see the US relinquish its key oversight role for the Internet, handing that over to “the global multistakeholder community.” US officials say the move is part of a longstanding effort to […]
Sri Lanka to field against India in World T20 final
DHAKA, April 6, 2014 (AFP) – Sri Lanka’s stand-in captain Lasith Malinga won the toss in the World Twenty20 final in Dhaka on Sunday and sent India in to bat.Umpires: Ian Gould (ENG) and Richard Kettleborough (ENG) The start was delayed by 40 minutes due to rain, but will be played over the full duration […]
Southern Port
Apr 05, 2014 (LBO) – Vehicle transshipments through Sri Lanka’s Hambantota port in the South of the country has picked up with over 200 roll-on-roll-off car carriers calling since it began operations in nearly two years ago.Canada’s SNC Lavolin Canadian International Company had conducted the feasibility study of the port and the basic designs were […]
India, Sri Lanka set for intriguing World T20 final
DHAKA, April 5, 2014 (AFP) – Sri Lanka face a daunting test of nerves from dominant India in Sunday’s all-Asian World Twenty20 final in Dhaka that is rich with incentives for both teams.Meanwhile, defending champions Australia will take on England in the women’s final at the Sher-e-Bangla stadium a few hours before the men take […]
India presses Sri Lanka to share power with Tamils
COLOMBO, April 4, 2014 (AFP) – India has asked Sri Lanka to grant limited autonomy to its ethnic Tamil minority and ensure “genuine reconciliation” five years after crushing Tamil guerrillas, New Delhi’s top envoy said Friday.Indian High Commissioner (ambassador) Y.K. Sinha said New Delhi had also urged Colombo to probe allegations that its troops killed […]
Sri Lanka shares close up 0.6-pct
Apr 04, 2014 (LBO) – Sri Lanka’s shares close up 0.60 percent higher Friday with tobacco and telco stocks gaining amid strong foreign selling on diversified stocks, brokers said. The Colombo benchmark All Share Price Index closed 36.08 points higher at 6,054.55 up 0.60 percent. The S&P SL20 closed 27.60 points higher at 3,323.10, up […]
Lending Status
Apr 04, 2014 (LBO) – Sri Lanka’s Bank of Ceylon said it financed the building of 368 kilometres of roads as part of credit given to the state its main shareholder, 30.9 billion rupees for water projects and 5.2 billion rupees for hotels. The bank said its net interest margin narrowed to 3.3 percent to […]
Q&’s mammoth election
NEW DELHI, April 4, 2014 (AFP) – India’s marathon nine-phase election kicks off Monday and will end on May 12 when hundreds of millions will have cast their ballots.AFP explains how it works and what is at stake. Q. Why will it take so long? Almost 814 million adult Indians are eligible to vote, making […]
Sri Lanka cricketers offered million dollars to win T20
COLOMBO, April 4, 2014 (AFP) – The Sri Lankan team will be handed a million dollar bonus if they can shake off their reputation as chokers in the final of the World Twenty20 this weekend, the country’s cricket board announced Friday.They have also been beaten in the final of the last two 50 over World […]
Sri Lanka in final after rain dashes Windies hopes
DHAKA, April 3, 2014 (AFP) – Sri Lanka reached the final of the World Twenty20 with a 27-run win over West Indies, the defending champions, after the first semi-final was ended by rain on Thursday.Dilshan and Thirimanne added 42 for the fourth wicket before Dilshan became the second batsman to be run out. He hit […]