Monthly Archives: May 2010
Sri Lanka to start ocean survey in oil search
Cairn India which is exploring for oil in Sri Lankan waters is to start gathering meteorological data and monitor ocean currents next month ahead of a test drilling programme, an official said. The sub-contract for the ‘metocean and currents survey’ …
Nihonbashi first restaurant to launch menus on ipad
On the opposite side of the planet to Cupertino, California is the island nation Sri Lanka, home to Nihonbashi Japanese Restaurants, the first restaurant in the world to use the iPad. Nihonbashi has always been ahead of the curve when …
Orion City IT Park welcomes global giant Mphasis
Orion City announced today the arrival of MphasiS, India’s 7th largest global software provider, which is set to commence operations at the IT Park by May 2010, and provide employment opportunities to over 2,000 IT professionals over the next three …
South Asia Not Ready For Single Currency
The South Asian region is not ready to consider the single currency model for its member states, said a senior official of the South Asia Association for Regional Cooperation (SAARC). SAARC secretary-general Sheel Kant Sharma said it was premature to …
Sri Lanka – New bank
Sri Lanka will incorporate its EXIM bank with an initial capital of Rs. 2 billion by August this year under the provisions of the Companies Act, Central Bank Governor Ajith Nivard Cabraal said today. Cabraal told Daily Mirror that it …
Lanka to skip hedging costs
Petroleum Industries Minister Susil Premjayantha said Sri Lanka was not likely to pay the huge compensation of US$ 261 million or the equivalent of little over Rs. 30 billion demanded by three foreign banks for the abrogation of the controversial …
SL Exports Gain Amid Investor Concern
Sri Lanka’s exports recovered in February amid investor concern that a sovereign-debt crisis in Europe may damp demand for the nation’s tea and rubber. Overseas sales gained 20 percent to $629 million in February from a year earlier, after falling …
Software piracy worsens; Sri Lanka No. 2 culprit
Software piracy cost technology companies more than 50 billion dollars around the world last year, with Asia accounting for the largest share of losses, an industry report said. Bangladesh had the highest software piracy rate in Asia, followed by Sri …
VISIT LANKA BRINGS HOME THE IIFA's
This June 2010 as Sri Lanka prepares to celebrate her first year of peace, Visit Lanka, an exceptional travel agent and tour operator, has a pleasant surprise to share with us all. After months of meticulous planning and endless negotiations, …
Leopard Safaris – Yala, Uda Walawe, Wilpattu and Knuckles
Leopard Safaris is a leading wildlife company that specialises in unique tented, mobile camping safaris in Sri Lanka’s three major national parks; Yala, Uda Walawe, Wilpattu and Knuckles mountain range. We offer unforgettable experiences which allow you to enjoy the …
