Category:
Expanded Use
Dec 12, 2013 (LBO) – SAP AG, an information technology company known for its enterprises resource planning software is expecting more business in Sri Lanka with a wider range of its products including e-government solutions, an official said.Public services included central and regional government, Treasury, healthcare, education, port and airports and project management. On Tuesday […]
IATA sees record profits for airlines in 2014
GENEVA, December 12, 2013 (AFP) – Airlines are expected to post record profits in 2014, the International Air Transport Association said Thursday, citing sliding oil prices and mergers for the sector’s improving outlook.European airlines, meanwhile, are seen as making major progress, with profits expected to hit $3.2 billion in 2014, up from $1.7 billion this […]
‘s T20 win over Sri Lanka
DUBAI, December 11, 2013 (AFP) – Dashing allrounder Shahid Afridi starred in Pakistan’s exciting three-wicket win over Sri Lanka in the first Twenty20 international at Dubai stadium on Wednesday. Afridi scored an unbeaten 20-ball 39, hitting the winning six off the last ball of the final over by paceman Nuwan Kulasekara to give Pakistan a […]
Sri Lanka Treasuries yield plunge
Dec 11, 2013 (LBO) – Sri Lanka’s Treasuries yields fell across maturities at Wednesday’s auction with the 12 month yield plunging 35 basis points to 9.15 percent, data from the state debt office showed.The debt office offered 10 billion rupees of maturing bills and accepted 13.3 billion rupees in bids from the auction. The three […]
Sri Lanka stocks close higher
Dec 11, 2013 (LBO) – Sri Lanka stocks closed greener Wednesday with diversified stocks gaining amid net foreign buying, brokers said. The Colombo benchmark All Share Price Index closed 9.29 points higher at 5,787.81, up 0.16 percent. The S&P SL20 closed 5.65 points higher at 3,182.27, up 0.18 percent. Turnover was 180.07 million rupees, down […]
Sri Lanka stocks end 0.7-pct lower
Dec 10, 2013 (LBO) – Sri Lanka stocks closed in the red Tuesday with index heavy stocks losing ground despite strong foreign buying, brokers said. HNB closed flat at 143.00 rupees and Touchwood Investments also closed flat at 2.90 rupees. The Colombo benchmark All Share Price Index closed 42.78 points lower at 5,778.52, down 0.73 […]
Vehicle Trend
Dec 11, 2013 (LBO) – Sri Lanka’s motor vehicle registrations were flat in November 2013 at 27,424 units, barely changed from 27,082 a year earlier but there were steep increases in hybrids, large cars and sport utility vehicles, an analysis by a research house shows.Motor car registrations at 2,226 in November were sharply up from […]
Tech Boost
Dec 10, 2013 (LBO) – Sri Lanka’s HSBC unit said its payment processing service can be linked to enterprise resource planning software of clients boosting productivity and reducing errors. HSBC said it had integrated its payment processing and cash management system HSBC Connect to SAP Lite (C2SAP Lite) at MAS Active, a top apparel manufacturer […]
Tweet Pix
SAN FRANCISCO, December 10, 2013 (AFP) – Updated mobile software rolled out Tuesday by Twitter lets smartphone users send pictures in direct, personal messages seen only by recipients instead of being shared publicly on the social network. “For the first time, you can share and view photos via direct message on your mobile phone,” Jeremy […]
” in Sri Lanka
COLOMBO, December 11, 2013 (AFP) – The Catholic church Wednesday warned Sri Lanka’s government of foreign intervention unless it worked towards reconciliation and addressed allegations of war crimes during the war against Tamil separatists.Malcolm Ranjith, the archbishop of Colombo, said he was urging President Mahinda Rajapakse and the main ethnic Tamil party to hammer out […]
‘s acquires Amba
Dec 11, 2013 (LBO) – US-based Moody’s Corporation said it had acquired Amba Investment Services, a securities research outsourcing firm that has operations in Sri Lanka, India and Costa Rica.Amba is expected to bring revenues of 39 million US dollars in 2013.It will operate as part of Copal Partners a unit of Moody’s Analytics. “Amba […]
G8 ministers meet on dementia time-bomb
LONDON, December 11, 2013 (AFP) – Health ministers from the G8 nations were meeting in London on Wednesday to tackle what experts warn is a dementia time-bomb, with cases set to soar as the world’s population ages.Ministers from the Group of Eight wealthy nations’ were gathered with health experts and charities for the first ever […]