Brent rises to near $123, 9-month high on Iran
NEW YORK (Reuters) : Brent crude oil rose to a nine-month high above $123 a barrel late Wednesday morning as supportive Iran-related tensions and supply worries outmatched weak economic data in Europe and China that cast doubt on the global growth outlook.
Singer introduces SMS receipts for utility bill payments
Singer Sri Lanka yesterday announced the launch of SMS receipts to aid customers who pay their utility bills through the company’s retail network countrywide.
SLT ends 2011 with impressive results
Sri Lanka Telecom (SLT), the leading national integrated telecommunications service provider, continued its growth momentum, seeing its Profit Before Tax (PBT), Profit After Tax (PAT), revenue and all other Key Performance Indicators showcase sustained improvement.
mahinda gets special message from Maldives President
Maldives President Dr. Mohamad Waheed’s special envoy, Mohamad Vahidudeen who arrived in Sri Lanka yesterday with a special message, met President Mahinda Rajapaksa at Temple Trees. Here Vahidudeen during his meeting with the President where the special message was presented -
SL attends UNHRC sessions with impressive post-conflict records: Former AG
Sri Lanka participates in the United Nations Human Rights Council with an impressive record of post-war reconciliation, rehabilitation and resettlement efforts in a background where broad action has been initiated at the highest level to implement the Lessons Learnt and Reconciliation Commission (LLRC) recommendations, former Attorney General Mohan Pieris said.
Ranil raises special ‘document’ issue in Parliament
Ranil Wickramasinghe yesterday alleged that the Government was preparing to submit a document to the Human Rights Commission in Geneva, which it had not presented to the Sri Lankan Parliament.
SC re-fixes for support on May 30 Fonseka’s appeal on CA judgment
By S.S Selvanayagam
The Supreme Court yesterday re-fixed for support on May 30 the petition filed by the former Army Commander Sarath Fonseka for special leave to appeal against the judgment of the Court of Appeal which dismissed his Writ application challenging the verdict of the second Court Martial that imposed him a sentence of 30 months imprisonment.
Govt. stops purchasing oil from Iran
The Government says that oil imports from Iran have been stopped and that purchases are being made from alternative sources. Petroleum Minister Susil Premajayantha has told parliament that Sri Lanka has commenced purchasing Arabian Light Oil instead of Iranian Light Oil.
Logistics hub on show to the world in March
By Cheranka Mendis
Sri Lanka, which has been acting as a transhipment hub for long years, should now start showcasing its abilities, potentials and possibilities in the logistics market to the world.
Turbulent times for India’s “King of Good Times”
NEW DELHI (Reuters): With one of the world’s most expensive yachts and a cricket and Formula One team, billionaire Vijay Mallya is known as India’s Richard Branson or simply, the “King of Good Times”.



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