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In Business
April 26, 2015 10:26 am gmt |
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1271
Chinese e-commerce leader Alibaba Group Holding Ltd and state-owned China Telecom Corp Ltd have tied up to sell inexpensive smartphones aimed at boosting mobile commerce in smaller cities and rural areas. The phones, dubbed “Tianyi Taobao Shopping Handsets”, will come installed with eithe...
In Business
April 25, 2015 8:08 am gmt |
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1314
The Information Communications Technology Agency (ICTA) says that the Free Wi-Fi service in the country will be introduced as a single network in the near future. Programme Manager Gavaskar Subramanium said that at present, the service is being distributed through telephone network operators. He Furt...
In Business
April 24, 2015 5:54 am gmt |
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1373
The land of clocks and chocolates is the world’s happiest country, according to a new survey. Switzerland topped the third annual World Happiness index produced by the Sustainable Development Solutions Network (SDSN), an initiative under the United Nations. It was closely followed by Iceland, D...
In Business
April 23, 2015 9:44 am gmt |
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1621
Central Bank Governor Arjuna Mahendran has resumed his duties after a more than five-week voluntary leave of absence after being cleared by a panel investigating a controversial government bond auction. The panel of legal experts probing the Feb. 27 auction said on Sunday that it had cleared the cent...
In Business
April 23, 2015 9:08 am gmt |
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2041
The Sri Lanka Tourism Promotion Bureau along with the Sri Lankan Embassy in Sweden and representatives from several Sri Lanka Travel agencies participated in the TUR Tourism Exhibition and Travel Fair 2015 held from 19-22 March 2015 at the Swedish Exhibition & Congress Center in Gothenburg, Swede...
In Business
April 22, 2015 8:55 am gmt |
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1245
Finance Minister Joe Oliver’s fiscal plan has appealed to some, while other groups joined opposition leaders in voicing their criticism. Federal budget 2015: Highlights of Joe Oliver’s fiscal plan Federal budget 2015: Conservatives dig into contingency to hit surplus Here’s a select...
In Britain
April 9, 2015 11:48 am gmt |
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1370
Britain could be on the verge of an oil revolution after scientists discovered 100 billion barrels at a site near Gatwick Airport. The discovery at the Weald Basin is around 25 times what was previously estimated with experts claiming it has the potential for daily oil production. Geologists found 15...
In Business
April 8, 2015 10:59 am gmt |
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1989
The UN had recently said that, Sri Lanka has done well in improving social indicators and meeting most of the Millennium Development Goals but lack of nutrition among children remains a serious concern. The nutrition levels were worse in remote areas and the island’s estate sector, and nutritio...
In Business
April 7, 2015 5:44 am gmt |
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1297
Mr. Haoliang Xu, the United Nations Assistant Secretary-General, had discussions with the Deputy Minister of Policy Planning and Economic Affairs, Harsha de Silva on Monday. This discussion was based on possible areas that UN can provide its support to Sri Lanka in the future, including new indicator...
In America
April 5, 2015 12:57 pm gmt |
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1248
Over 5,000 employees contracted by the two companies involved in the Port City Project, have been suspended from their contracts with immediate effect. 5,924 workers, who were attached to the two Chinese companies have had their contracts suspended. A media spokesperson from the CHEC Port City Colomb...
In Business
April 4, 2015 10:49 am gmt |
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1413
The National Chamber of Commerce of Sri Lanka (NCCSL) , which serves the business community in Sri Lanka for over 65 years and has a membership of over 630 corporate and over 1500 Small and Medium Enterprises, is concerned over the proposed signing of the Comprehensive Economic Partnership Agreement ...
In Business
March 20, 2015 7:14 am gmt |
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1244
“As teachers and parents, we see the havoc that these guns bring to our community, our family and our loved ones,” said Joshua Pechthalt, a Los Angeles high school teacher for 20 years and president of the California Federation of Teachers. “So whatever it takes, we want our money d...
In Business
March 20, 2015 7:13 am gmt |
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1291
Budget airline Ryanair has abandoned plans to operate transatlantic flights, just days after it said its board had approved the measure. In a statement, Ryanair said it “has not considered or approved any transatlantic project and does not intend to do so”. On Monday, Ryanair had said its...