GrameenPhone

DHAKA, Oct 19, 2006 (AFP) – Bangladesh’s top mobile phone company, GrameenPhone, is mulling whether to list itself on the stock market, a report said Thursday.GrameenPhone (GP), majority owned by Norwegian telecom company Telenor, is Bangladesh’s biggest mobile phone company with over 9.5 million subscribers. “We are in the process of analysing the option of […]

Security stepped up after bombing of Sri Lankan port

GALLE, Sri Lanka, Oct 19, 2006 (AFP) – Police and troops stepped up security in Sri Lanka’s port city of Galle Thursday, one day after a bold suicide attack that killed at least two people, a police official said. Additional troop reinforcements were poured into the area while military patrols were also stepped up, even […]

’s economic growth

October 19, 2006 (LBO) – Sri Lanka’s economy is expanding at a blistering pace led by the telecommunications sector, but an escalation in violence could erase some of the gains, the Asian Development Bank said. Less red tape, more deregulation would boost South Asia growth: ADBMANILA, Oct 19, 2006 (AFP) – South Asia has the […]

Treasury bill yields up 0.6%, above policy rates

October 18, 2006 (LBO) – Sri Lanka’s borrowing costs went up sharply by over 0.5 percent following Wednesday’s weekly treasury bill auction, prompting market speculation that the central bank may hike policy rates further, dealers said.Yields for three month treasuries were up 62 basis points to 11.87 percent, six months gained 60 basis points to […]

Sri Lanka markets volatile as Tamil Tigers strike southern port

October 18, 2006 (LBO) – The Sri Lankan rupee clawed back from Tuesday’s all-time low on profit taking by most banks, while stocks snapped a two-day slide, following a seaborne attack by Tamil Tiger rebels on the Galle port early Wednesday.Call rates transacted in the brokers’ market were 12.60 percent over a shortfall over around […]

Networking Skills

Oct 18, 2006 (LBO) – Sri Lanka Institute of Information Technology (SLIIT) has teamed up with Australia’s Curtin University of Technology to introduce an undergraduate Computer Systems and Networking course. The three year program covers hardware and software as well as computer communication and networking incorporating Local Area Networks (LANs), Metropolitan Area Networks (MANs) and […]

Citizendium

SAN FRANCISCO, Oct 17, 2006 (AFP) – A co-founder of the Wikipedia online encyclopedia written in collaborative fashion by the Internet community announced Tuesday he is launching a rival service edited by experts.A test version of “Citizendium” to be launched this week in Harmon, California will use experienced editors and subject authorities to tune information […]

‘s popular Galle

GALLE, Sri Lanka, Oct 18, 2006 (AFP) – Tamil Tiger rebels staged an audacious suicide attack against Sri Lanka’s historic port of Galle Wednesday, killing at least two people and destroying three navy craft, officials said.The attack in Galle — a popular tourist destination regarded as Sri Lanka’s Riviera — came as foreign envoys pushed […]

Sri Lanka jets bomb Tiger territory: rebels

Oct 18, 2006 (AFP) – Sri Lankan war planes bombed Tamil rebel-held territory in the island’s restive east Wednesday, killing a woman and wounding two others, the guerrillas said.The air force had been carrying out tit-for-tat attacks since the guerrillas attempted to assassinate army chief Sarath Fonseka in April.Two Israeli-built Kfir jets attacked the village […]

Sri Lanka exhumes bodies of French charity workers

Oct 18, 2006 (AFP) – The bodies of 15 aid workers massacred in Sri Lanka were exhumed in the northeastern town of Trincomalee on Wednesday in a fresh bid to determine who killed them, police said.The victims were among 17 mostly Tamil workers with the Paris-based Action Against Hunger (ACF) who were gunned down August […]

Two killed in major suicide attack on Sri Lanka port

Oct 18, 2006 (AFP) – Tamil Tiger rebels disguised as fishermen staged a suicide attack against Sri Lanka’s southern port of Galle Wednesday, killing at least two sailors and destroying three gunboats, officials said.The attack in Galle — an historic city and popular tourist destination — came as foreign envoys pushed for the Sri Lankan […]

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