Sri Lanka woos high rollers as tsunami takes away tourists

RATGAMA, Sri Lanka, Dec 24 (AFP) – Sri Lanka’s tourism industry is struggling as earnings slumped following the tsunami, but a year after massive death and destruction an upmarket boutique hotel hopes to spearhead a revival.RATGAMA, Sri Lanka, Dec 24 (AFP) – Sri Lanka’s tourism industry is struggling as earnings slumped following the tsunami, but […]

Buffer zone rebuilding gets Red Cross Crescent money

A year after the December 26 tragedy, donors continue bring more assistance, with the most recent coming from the Red Cross in the form of an additional US$ 25 million.A year after the December 26 tragedy, donors continue bring more assistance, with the most recent coming from the Red Cross in the form of an […]

Tamil Tiger blast kills 15 Sri Lankan sailors, more violence feared

Suspected Tamil rebels blew up a navy road convoy in Sri Lanka on Friday killing at least 15 sailors and wounding 15 more, a defence ministry official said as the guerrillas warned of more strikes.Suspected Tamil rebels blew up a navy road convoy in Sri Lanka on Friday killing at least 15 sailors and wounding […]

Softly Softly

Sri Lankan travel agents, dentists and sea farers offer their services in India but rest of the professional services fighting shy of Indian competition.Sri Lankan travel agents, dentists and sea farers offer their services in India but rest of the professional services fighting shy of Indian competition. Sri Lanka and India are trying to formally […]

Marketing Mix

The advertising industry will abandon the 18 year old SLIM awards for one of its own, with greater emphasis on creativity.The advertising industry will abandon the 18 year old SLIM awards for one of its own, with greater emphasis on creativity. SLIM Chance   SLIM Awards chief Louie Dias told LBO on Thursday that the […]

Choices: Workaround or workthrough?

Beginning of December, I was invited to speak at Softexpo, a major software industry event in Dhaka, Bangladesh. The organizers transported me to the seminar location, the Bangladesh-China Friendship Conference Centre (their equivalent of the BMICH), in an ambulance. No, I was not sick. That day had been declared a general strike or hartal, by […]

Tamil Tiger blast kills 15 Sri Lankan sailors

Suspected Tamil rebels blew up a navy road convoy in Sri Lanka on Friday killing at least 15 sailors and wounding 15 more, a defence ministry official said as the guerrillas warned of more strikes.Suspected Tamil rebels blew up a navy road convoy in Sri Lanka on Friday killing at least 15 sailors and wounding […]

Tigers deny killing Sri Lanka sailors, accuse navy of attack

Sri Lanka’s Tamil Tiger rebels denied abducting and killing three sailors the previous day and accused the navy of launching an attack on their flotilla and sparking a fierce sea battle.Sri Lanka’s Tamil Tiger rebels denied abducting and killing three sailors the previous day and accused the navy of launching an attack on their flotilla […]

Navy bus attacked with landmine in Sri Lanka

Suspected Tamil Tiger rebels exploded a powerful landmine in north-western Sri Lanka, killing or injuring about 30 sailors travelling in a bus, a defence ministry official said. Suspected Tamil Tiger rebels exploded a powerful landmine in north-western Sri Lanka, killing or injuring about 30 sailors travelling in a bus, a defence ministry official said. “There […]

At least 12 military personnel killed in Mannar

Big hit At least 12 military personnel were killed when a bus full of soldiers was hit in a landmine explosion in Mannar. Big hit At least 12 military personnel were killed when a bus full of soldiers was hit in a landmine explosion in Mannar. Four persons have been taken to hospital. -LBO Newsdesk: […]

Sri Lanka’s Central Bank hikes interest rates

Sri Lanka’s Central Bank raised its key interest rates by quarter basis points for the fourth time on Thursday to reign in inflation and curb monetary expansion.Sri Lanka’s Central Bank raised its key interest rates by quarter basis points for the fourth time on Thursday to reign in inflation and curb monetary expansion. The repurchase […]

‘s Central Bank hikes interest rates

Sri Lanka’s Central Bank raised its key interest rates by quarter basis points for the fourth time on Thursday to reign in inflation and curb monetary expansion.Sri Lanka’s Central Bank raised its key interest rates by quarter basis points for the fourth time on Thursday to reign in inflation and curb monetary expansion. The repurchase […]

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