Sri Lanka, a country which has a diverse range of wild animals is also facing a problem of certain elements engaged in killing such wild animals for commercial purposes.
This picture shows an effort taken by the management of Pedro Estate to drive a message to the public to protect and preserve the “wild life”.
The picture [...]
December 31, 2011 8:28 PM | Posted in
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During the holidays thousands of visitors flock to Nuwara-Eliya which is a tourism hot spot in Sri Lanka.
The picture captured by News360.lk shows visitors to the city enjoying a boat ride on the Gregory Lake of Nuwara-Eliya.
Gregory Lake has been built in 1873 by the then British Governor Sir William Gregory and is a prime [...]
December 31, 2011 8:07 PM | Posted in
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The picture shows tea pluckers at work in a tea plantation in Nuwara-Eliya, Sri Lanka on the 23rd of December.
Sri Lankan tea plantation workers primarily consist of Indian origin tamils who have arrived in the country during the British rule.
Over the period, they have been granted Sri Lankan citizenship and voting rights to elect their [...]
December 31, 2011 7:50 PM | Posted in
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This is a tea factory located in the Central Highlands of Sri Lanka.
Sri Lanka is one of the main exporters of tea to the global market.
The country’s tea export earnings is expected to reach US$ 1.5 billion during the year 2011, thus marking the first time to reach that figure.
The picture was captured by news360.lk [...]
December 31, 2011 7:27 PM | Posted in
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Maldivian Government has ordered the country’s luxury resorts to close down all the spas and massage parlors following strong protest from the Maldivian opposition to stop anti Islamic activities in the country, said a media report.
According to Minivan news of Male, the Government through a circular has informed the resorts that it has decided to [...]
December 31, 2011 7:02 PM | Posted in
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Sri Lanka’s Commercial Bank has appointed Dinesh Weerakkody as its new Chairman while the former Central Banker k. G.D.D. Dheerasinghe has been appointed as the Deputy Chairman of the Bank.
Weerakkody’s appointment comes following the resignation of Mahendra Amarasuriya, the longstanding Chairman of the Commercial Bank.
Dinesh Weerakkody was a member of the Commercial Bank Board since [...]
Sri Lanka’s December inflation has risen by 4.9%, compared to 6.8% recorded, a year ago.
However, the December inflation is marginally up compared to 4.7% recorded during the month of November 2011.
The annual average inflation during the year 2011 has gone up to 6.7% compared to 6.2% recorded during the year 2010.
December 30, 2011 4:22 PM | Posted in
Economy |
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Pakistani Minister of State for Investment Saleem Mandviwalla held a meeting with the Governor of the Central Bank Ajith Nivard Cabraal, recently.
During the meeting, which was held at the Central Bank premises, the Pakistani Minister has discussed investment and financing possibilities in Sri Lanka.
Mandiwalla is also the Chairman of the Pakistan’s Board of Investment.
December 30, 2011 2:48 PM | Posted in
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Merchant Bank of Sri Lanka has revised the composition of its “MBSL Midcap Index” which tracks the price movements of the medium sized companies listed in the Colombo Stock Exchange.
The index which came into operation in the year 1999 is revised annually and looks at the Middle Range Market Capitalization, Liquidity and the Profitability of [...]
December 30, 2011 1:20 PM | Posted in
Markets,
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China tested a 500 kilometers per hour (311 mph) train over the weekend. Government officials call the record-breaking speedster a “useful reference” for China’s current high speed railway operations.
December 30, 2011 12:52 PM | Posted in
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