Category:
No Kidding
Mar 09, 2009 (LBO) – One day a wealthy Englishman travels to Italy on business.While there he decides to buy a hand-crafted cupboard to furnish his new summer home in Spain.He visits an exclusive store in Rome, which sells furniture sourced from a small carpentry workshop in Morocco.This furniture is fabricated from wood imported from […]
Usage Gap
Mar 09, 2009 (LBO) – Sri Lankans low income customers of mobile communications, used phones least for business related activities in the region, potentially opening up a new marketing opportunity for celcos, a new study has found. “People who use phones for such activities have a higher income and people who don’t have a lower […]
Sri Lanka Tigers hit food ship; 150 dead in weekend fighting: military
March 9, 2009 (AFP) – The Sri Lankan military said Monday its troops have killed at least 150 Tamil Tigers in a weekend of fierce fighting inside the rebels’ shrinking fiefdom in the northeast of the island. Army spokesman Udaya Nanayakkara said the Tigers, boxed into an area of less than 50 square kilometres (19 […]
Sri Lanka hydro storage fall below 300 million units
Mar 09, 2009 (LBO) – Hydro storage at Sri Lanka’s state-run power utility fell below 300 million units or 24 percent of capacity, with the firm offering to pay large customers to generate their own power.A newspaper advertisement by the Ceylon Electricity Board said inflow to its reservoirs during the past five months was the […]
Hair labels ICC chief a bully over umpire attack comments
MELBOURNE, March 9, 2009 (AFP) – Outspoken Australian umpire Darrell Hair labelled ICC chief Haroon Lorgat a bully Monday for telling officials caught in the Lahore attack to be “more rational” about their experience. Australian umpires Simon Taufel and Steve Davis have complained that Pakistan failed to protect them when gunmen opened fire as they […]
Ideas for Sri Lanka after the war
Mar 09, 2009 (LBO) – I have been asked why I do not write about the war. I did not, because I could not see the clear value addition. But now, as the LTTE’s 18-year control of territory is about to end, things must change. And ideas can play an important role. There has been […]
Better Margins
March 08, 2009 (LBO) – Sri Lanka’s Nations Trust Bank (NTB) said group net profit rose 17 percent to 593 million rupees in 2008 from a year ago and that it managed to increase market share.Group total income in the financial year ending December 31, 2008 rose 49 percent to 13.9 billion rupees with net […]
” in cricket attack
SLAMABAD, March 7, 2009 (AFP) – Former Pakistan captain Imran Khan believes a “foreign element” could be involved in this week’s attack on the Sri Lankan cricket team, according to an interview published Saturday. “It could be India, Afghanistan, the Tamil Tigers,” Khan was quoted as saying in an interview published online by The Times […]
Sri Lanka fighting kills over 100 Tigers: govt
March 8, 2009 (AFP) – More than 100 Tamil Tiger rebels have been killed in two days of fighting in Sri Lanka as they tried to break a military stranglehold, the defence ministry said Sunday.They died when the army beat back a series of counter-attacks by the Tiger rebels against advancing government forces in the […]
Psychologists help Sri Lanka cricketers
March 8, 2009 (AFP) – Sri Lanka has hired psychologists to help its national cricket team overcome the trauma they suffered in the militant attacks in Pakistan, a doctor said Sunday. The four specialists would work “to mentally boost our cricketers, help them heal their mental scars and overcome the tragedy,” Geethanjana Mendis, head of […]
Docking Trends
March 07, 2009 (LBO) – Sri Lankan ship builder Colombo Dockyard said net profit rose 32 percent to almost 1.5 billion rupees in 2008 from the year before, as it reaped the benefits of the shipping boom earlier in the year. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send […]
Sri Lanka tea prices rise as output falls
March 07, 2009 (LBO) – Sri Lankan tea prices rose at this week’s Colombo auctions mainly because of a shortfall in crop as well as improved quality, brokers said.Prices are likely to remain strong if the present dry weather continues and curtails the crop, they said. About 50 invoices of high grown teas from regional […]