Brent rises to near $123, 9-month high on Iran

Published : 12:57 am  February 23, 2012  |  Category: Front Page  |  Leave a Comment  |  418 views  |  

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.  Read More →


Singer introduces SMS receipts for utility bill payments

Published : 12:56 am  February 23, 2012  |  Category: Front Page  |  Leave a Comment  |  585 views  |  
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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.  Read More →


SLT ends 2011 with impressive results

Published : 12:54 am  February 23, 2012  |  Category: Front Page  |  1 Comment  |  459 views  |  
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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.  Read More →


mahinda gets special message from Maldives President

Published : 12:50 am  February 23, 2012  |  Category: News  |  Leave a Comment  |  502 views  |  
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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 -  Read More →


SL attends UNHRC sessions with impressive post-conflict records: Former AG

Published : 12:49 am  February 23, 2012  |  Category: News  |  Leave a Comment  |  501 views  |  

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.  Read More →


Ranil raises special ‘document’ issue in Parliament

Published : 12:48 am  February 23, 2012  |  Category: News  |  Leave a Comment  |  374 views  |  

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.  Read More →


SC re-fixes for support on May 30 Fonseka’s appeal on CA judgment

Published : 12:48 am  February 23, 2012  |  Category: News  |  Leave a Comment  |  351 views  |  

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.  Read More →


Govt. stops purchasing oil from Iran

Published : 12:47 am  February 23, 2012  |  Category: News  |  Leave a Comment  |  337 views  |  

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.  Read More →


Logistics hub on show to the world in March

Published : 12:46 am  February 23, 2012  |  Category: Business  |  Leave a Comment  |  1,223 views  |  

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.  Read More →


Turbulent times for India’s “King of Good Times”

Published : 12:45 am  February 23, 2012  |  Category: Leadership  |  Leave a Comment  |  22,710 views  |  

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”.  Read More →


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