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Sri Lanka Bogawantalawa Tea starts distribution network
Aug 06, 2009 (LBO) – Sri Lankan tea growing and marketing company Bogawantalawa Tea Estates said it has launched its own distribution channel in the local market.Most Sri Lankan tea producers sell their teas through the Colombo auctions but several firms are trying to establish their own brands and sell direct to consumers, cutting out […]
Knowledge Wiki
Aug 06, 2009 (LBO) – Lankapedia, a newly launched Sri Lanka specific site styled on the popular Wikipedia portal, is setting the stage to make user generated content about the island more popular, officials said. “I think user generated content is the future,” says Rohan Samarajiva, head of LirneAsia, a regional think tank that has […]
‘s flagship outsourcing sector hits tough times
NEW DELHI, August 6, 2009 (AFP) – These are tough times for India’s flagship outsourcing industry whose skilled, low-cost workforce helped plant the country on the global business map.With the world in the grip of the worst economic slump since the 1930s, revenue growth from outsourcing — subcontracting work to a third-party company — is […]
Sri Lanka says new Tiger leader arrested
August 6, 2009 (AFP) – Sri Lanka’s state television on Thursday announced that the new head of the remnants of the Tamil Tiger rebels had been arrested in Thailand. Pathmanathan, an overseas-based leader who took over the Liberation Tigers of Tamil Eelam (LTTE) following the killing of its supremo Velupillai Prabhakaran in mid-May, was also […]
Sri Lanka insurance regulator suspends Ceylinco Takaful
Aug 06, 2009 (LBO) – Sri Lanka’s insurance regulator, the Insurance Board of Sri Lanka, has suspended the registration of Ceylinco Takaful for general insurance for three weeks, the government information department website said.It gave no further details. The suspension imposed on Ceylinco Takaful Limited remains till August 26, 2009, it said.It quoted the IBSL […]
Sri Lanka: Small miracle or big miracle?
Aug 06, 2009 (LBO) – So after much effort we decided to get rid of the inane “Land Like No Other” tagline and launch the new brand “Small Miracle.” Now the former JVP Presidential Candidate and present Tourism Minister wants to replace it by consulting “leading scholars” in a few days. Throw away years of systematic […]
Sri Lanka arrests 32 migrants heading for New Zealand
August 6, 2009 (AFP) – Sri Lankan police arrested 32 men who were illegally trying to leave for New Zealand by boat, an official said Thursday.The men were taken into custody late Wednesday on the island’s western coast of Seeduwa from where they planned to set off for New Zealand in a fishing trawler, senior […]
Sri Lanka slammed by media watchdog over polls media blackout
August 6, 2009 (AFP) – Global press freedom group Reporters Without Borders voiced outrage Thursday over Sri Lanka’s ban on independent media covering local polls just outside the island’s former war zone.The government claimed victory over the Tamil Tiger rebels in May after killing the top leadership of the separatist movement which had been fighting […]
G20 agrees next steps on bonuses, post-crisis blueprint
LONDON, September 5, 2009 (AFP) – The G20 vowed Saturday to maintain emergency measures to fight the world economic crisis, warning it was not over yet, while tensions between Europe and the United States remained over bankers’ bonuses. After a meeting in London preparing for a leaders’ summit later this month, finance ministers said they […]
Car Carrier
Aug 05, 2009 (LBO) – Global car carrier Höegh Autoliners has resumed calls at Colombo port, the Sri Lanka Ports Authority (SLPA) said.A new port being built in southern Hambantota will have space fpr vehicle transhipment and assembly operations, he said. “We could see many lines arriving here for Ro-Ro (roll on-roll off) operations in […]
Sri Lanka tea processor June profits up marginally
Aug 05, 2009 (LBO) – Sri Lanka’s Tea Smallholder Factories, which processes tea grown mainly by small farmers, said net profit for the June 2009 quarter rose four percent to 53 million rupees from a year ago.Sri Lankan tea producers were hit hard by a severe drought earlier this year and the effects of last […]
Flu Epidemic
RIYADH, August 4, 2009 (AFP) – A Sri Lankan man and a Saudi teenager suffering from a heart defect have died from swine flu, raising the country’s flu death toll to six, the Saudi health ministry said on Tuesday.The Sri Lankan man, 32, was found dead in his hotel room on Monday, while the 15-year-old […]