Strength Test

July 15, 2011 (LBO) – Colombo Dockyard has commissioned a ‘bollard pull’ test facility in Sri Lanka’s eastern port of Trincomalee for use by its own vessels and others such as in planned oil exploration work. “The test facility is built mainly to check and confirm the pulling capacity of ships including tugs and Anchor […]

Sri Lanka, Vietnam to boost agricultural co-operation

HANOI, July 15, 2011 (AsiaPulse) – Vietnam and Sri Lanka have agreed on a number of measures to strengthen bilateral cooperation, especially in agricultural development. During talks between Vietnamese Minister of Agricultural and Rural Development Cao Duc Phat and Sri Lankan Minister of Agriculture Mahianda Yapa Abeywardana in Hanoi on July 13, the two sides […]

Research Chief

July 15, 2011 (LBO) – Lanka Market Research Bureau (Pvt) Ltd (LMRB) said it has appointed Himalee Madurasinghe, former second-in-command and a 14-year veteran at the firm as its chief executive. LMRB started 1981 as the first independent market research consultancy in Sri Lanka. It is affiliated to market research firms, IMRB International and Kantar […]

Sri Lanka to get Bajaj four-wheeler

NEW DELHI, July 15, 2011 (AFP) – Indian motorbike maker Bajaj has abandoned plans to develop an ultra-low-cost car with France’s Renault and its Japanese partner Nissan, according to a senior executive. The companies announced in 2009 that they hoped to bring a ,500 minicar to market in 2012, but there have been suggestions for […]

Chinese become biggest holidaymakers in Maldives

July 13, 2011 (AFP) – Visit the Maldives and there’s a high chance the fellow holidaymakers at your island retreat will be from China, according to new figures that show the Asian giant as the biggest source of visitors. “The Chinese don’t want the beach like the Europeans. They want activities, like visiting other islands, […]

Sri Lanka expects exports to grow 25-pct in 2011

July 15, 2011 (LBO) – Sri Lanka exports grew by a better-than-expected 42 percent in the five months to May and full-year revenues are projected to grow 25 percent to 10 billion US dollars, the state export promotion agency chief said. “Now, our strategy is developing our exports portfolio beyond those markets while protecting the […]

Sri Lanka cricket team attack accused on bail

LAHORE, July 14, 2011 (AFP) – Pakistan on Thursday released on bail the leader of one of its leading extremist organisations who is accused of sectarian murders and masterminding an attack on the Sri Lankan cricket team. Malik Ishaq, head of Lashkar-e-Jhangvi (LJ) and held for nearly 14 years, was cheered by more than 100 […]

Sri Lanka to decide road toll next week

July 14, 2011 (LBO) – Fees for Sri Lanka’s first toll expressway to the south of the island will be decided next week ahead of its opening scheduled for later this month, head of Sri Lanka’s road development authority R W Pemasiri said. Manual collected can result in revenue leakages through various means. According to […]

Toll Road

July 14, 2011 (LBO) – Fees for Sri Lanka’s first toll expressway to the south of the island will be decided next week ahead of its opening scheduled for later this month, head of Sri Lanka’s road development authority R W Pemasiri said. Manual collected can result in revenue leakages through various means. According to […]

Poor intelligence keeps India vulnerable: analysts

NEW DELHI, July 14, 2011 (AFP) – India will remain a soft target for militant attacks until it enforces a radical shift in counter-terror policy that prioritises effective intelligence-gathering, analysts said Thursday. “But India needs to realise that the acquisition of gadgets is not going to compensate for an ill-trained, semi-educated police force. ” Despite […]

‘s inflation hits 9.44% in June

NEW DELHI, July 14, 2011 (AFP) – India’s annual inflation accelerated to 9.44 percent in June, official data showed on Thursday, increasing pressure on the central bank to hike interest rates further. Meanwhile, April’s inflation figure was revised higher to 9.74 percent from a provisional 8.66 percent estimate, according to the data. The rise in […]

” blasts that kill 21 in Mumbai

MUMBAI, July 14, 2011 (AFP) – Indian investigators Thursday probed triple bomb blasts that killed 21 people in Mumbai, the nation’s commercial capital which is still emerging from the shadows of the deadly 2008 militant attacks. The strongest of the coordinated explosions hit busy districts in the south of the city, the same area targeted […]

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