Category:
Tele Computing
March 09, 2007 (LBO) – Sri Lankan fixed wireless operator Suntel, unit of Sweden’s Telia is hoping to earn 15 percent of its revenue over the medium term from managed services in information technology, officials said. Suntel’s debentures are listed on the stock exchange. The service branded ‘Suntel enabled’ allows firms to concentrate on core […]
Bill Gates still top dog but rising billionaires catching up
NEW YORK, March 8, 2007 (AFP) – Microsoft co-founder Bill Gates is still the richest man in the world, but his lead over other entrepreneurs is narrowing, according to Forbes magazine’s list of billionaires published Thursday. Despite Gates leading the rich list for a 13th straight year with a tidy nest egg of 56 billion […]
World Cup damaged in India
NEW DELHI, March 9, 2007 (AFP) – The expensive silverware to be awarded to the winner of cricket’s World Cup in the Caribbean has been damaged while on display in India, organisers said on Friday.The trophy will be presented to the winner of the World Cup final in Bridgetown, Barbados on April 28. A gold […]
Kenya and Dutch hail minnows quality
DANIEL TOWN, Jamaica, March 9, 2007 (AFP) – Kenya captain Steve Tikolo and Netherlands’ skipper Luuk van Troost hailed praised their sides after a compelling World Cup warm-up match which saw the Africans squeeze home by nine runs. Both men felt they had gained some measure of respect for the ICC Associate nations attending the […]
‘s human rights record
COLOMBO, March 10, 2007 (AFP) – The United States expressed concern Friday over Sri Lanka’s human rights record as activists stepped up pressure over a spate of abductions and disappearances. Visiting ambassador Steven Mann, principal deputy assistant secretary of state for South and Central Asian Affairs, urged President Mahinda Rajapakse to address the issue during […]
Sri Lanka in tsunami tax crackdown
COLOMBO, March 9, 2007 (AFP) – Sri Lanka’s finance ministry said Friday it was planning action against charities that are using vehicles imported duty-free for tsunami relief operations beyond the agreed tax shelter period.The government had allowed duty-free imports on condition that they would re-shipped once relief work was over, and aid groups wanting to […]
Sri Lanka tea exporter calls for economic stability rather than inflation-depreciation cycle
March 09, 2007 (LBO) – In a departure from the usual cry, a top tea exporter in Sri Lanka has called for lower fiscal deficits and economic stability rather than depending on currency depreciation to regain competitiveness lost through fiscally-induced domestic inflation. James Finlay last traded at 143 rupees. Earnings per share on ordinary revenues […]
Driving Class
March 07, 2007 (LBO) – Sri Lanka is trying to refine reckless bus drivers with a series of new classes that will hopefully improve driving skills and curb road rage. A new drivers’ academy that has just been set up in Kottawa, with a curriculum to enhance drivers skills, efficiency and obedience of road rules, […]
Post-strike blues hit Sri Lanka tea production
March 08, 2007 (LBO) – Sri Lanka, one of the world’s biggest exporters of tea, has reported its lowest monthly output in nine-years this January, as bad weather slowed recovery of strike-hit estates. Crop figures in January fell 14 percent to 21.1 million kilos from 24.6 million kilos a year earlier, the lowest since 1996, […]
Maternal Bond
March 08, 2007 (LBO) – Sri Lanka has decided to ban women with very young children from working abroad, many of whom leave the country to work as housemaids in the Middle East to support families back home. Mothers migrating for employment affect the emotional welfare of children and should be regulated, Anura Yapa, Sri […]
Peninsular Logistics
March, 08 (LBO) – Sri Lanka is looking for at least two more cargo vessels and was talking to the World Food Program to charter a large cargo aircraft to build a buffer stock of food in the Jaffna peninsular, an official said. “We want to charter two more ships, but foreign shipping companies are […]
Rajiv Gandhi murder accomplice wins Indian citizenship for daughter
CHENNAI, India, March 8, 2007 (AFP) – An Indian woman convicted along with her Sri Lankan husband in the 1991 killing of former premier Rajiv Gandhi has secured Indian citizenship for their daughter. A court in the southern state of Tamil Nadu on Wednesday gave the federal government four weeks to issue an entry permit […]