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The following are the conditions set forth by the European Commission to give a limited extension of the GSP+ benefit to Sri Lanka. July 1 is dead line for the written commitment that is required. However, External Affairs Minister G. L. Peiries today said that the Sri Lankan government is not ready to bow down these conditions. ANNEX List of Actions 1.) Reduction of the number of derogations to the ICCPR. 2.) Take steps to ensure that the key objective of the 17th Amendment to the Constitution, namely to provide for independent and impartial appointments to the key public positions, is fully safeguarded, including through a Constitutional Council which adequately reflects the interests of all political, ethnic and religious groups and minorities within Sri Lankan society. 3.) Repeal of the remaining part of the 2005 Emergency Regulations, notably those Regulations concerning detention without trial, restrictions on freedom of movement, ouster of jurisdiction and immunity an

Dialog Telekom PLC announced, Friday 07th May its financial results for the quarter ended 31st March 2010. Financial results included those of Dialog Telekom PLC (the “Company”) and of the Dialog Telekom Group (the “Group”) post consolidation with subsidiaries Dialog Broadband Networks (Pvt) Ltd. (”DBN”) and Dialog Television (Pvt) Ltd. (”DTV”). Dialog Telekom consolidated on positive performance trends of previous quarters to record Net Profit After Tax (NPAT) of Rs. 1,276Mn. and Rs. 705Mn. for the quarter, at Company and Group level respectively, an improvement of 313% and 153% relative to Q1 2009. Company EBITDA grew by a significant 68% relative to Q1 2009 to reach Rs. 3,343Mn., signifying the 5th successive quarter of EBITDA growth and an improvement of 5% QoQ. Accordingly the 1st Quarter exhibits an EBITDA margin of 37% for the Company, up 12% points YoY and 1% relative to Q4 2009. Dialog continued to register positive gains in the mobile market during Q1, on the backdrop of ag

The Sri Lanka Private Bus Owners’ Association (SLPBOA) during its discussion this morning (June 20) decided not to revise the existing bus fares. During the meeting of the nationwide bus owners today this decision not to increase the bus fares as suggested earlier was arrived at said SLPBO Chairman Gamunu Wijeratne

We believe that BlackBerry Smartphone should help you do more than just work. No matter who you are or what you do, Etisalat now provides BlackBerry Solutions for everyone. Explore your options It's the desktop experience of the Facebook that you love, but on your BlackBerry Smartphone. Post, poke, and stay connected to your friends from almost anywhere life takes you. Surf the web from just about anywhere, anytime and view an infinite supply of information, news and entertainment by browsing the web, when and where you want it on your BlackBerry Smartphone. BlackBerry Messenger is an instant messaging app just for BlackBerry Smartphone owners. With a chat-style layout and unlimited characters, BBM makes it easy to share with the people who matter. Shuffle your songs or enjoy your favorite playlist while you reply to messages. With media player included on selected BlackBerry Smartphones the fun goes where you go.

Sri Lankashould not depend on foreign loans and instead concentrate on encouraging Foreign Direct Investments for the country’s development, former Malaysian Premier Dr. Mahathir Mohamed told Adaderana a short while ago. Dr. Mahathir Mohamed is on a short visit to the island and attended 6th Annual Business Awards of the Sri Lanka Malaysia Business Council held in Colombo yesterday along with the International Business Leaders’ Forum.

Professor G.L. Peiris, Minister of External Affairs made use of his presence in Singapore to participate in the Shangri-La Dialogue on security in the region, to have a comprehensive discussion with Sri Lankan Heads of Mission in ASEAN capitals on priorities with regard to their work in the next six months, The Ministry said in a statement. Statement; Professor G.L. Peiris, Minister of External Affairs made use of his presence in Singapore to participate in the Shangri-La Dialogue on security in the region, to have a comprehensive discussion with Sri Lankan Heads of Mission in ASEAN capitals on priorities with regard to their work in the next six months Minister Peiris, in his remarks to the Heads of Mission, emphasized the need to define objectives clearly and to work towards their accomplishment within a specified period, to achieve optimal results. Among the objectives stressed by the Minister were the fullest exploitation of market potential in trade, investment and tour

The much talked about IIFA weekend kicked off today with the IIFA Global Press Conference at the Cinnamon Grand Hotel, Colombo. The weekend festivities will include the IIFA Foundation Fashion Extravaganza, FICCI-IFFA Global Business Forum, IFFA Foundation Celebrity Cricket Match, IIFA Film Workshops and the untimate in glitz – the Micromax IIFA Awards. Pic by K.C. Saranga

Sri Lanka plans to hire a cruise liner to accommodate cricket World Cup fans and spectators at the newly built stadium in the island’s south, an official said on Tuesday. The six-million dollar stadium in Hambantota, President Mahinda Rajapakse’s hometown, lacks hotels to accommodate thousands of fans expected to watch the games in February-April next year. “Star-classed hotel facilities are enough for only two teams and the cruise ship can accommodate up to 1,000 people,” Sri Lankan World Cup official Suraj Dandeniya told AFP. International Cricket Council rules require each venue to have five-star facilities to house between 500 and 1,000 players, officials, media and fans. “The ship will be used mainly for spectators, officials and the media contigent that will be following the two games allotted to the venue,” said Dandeniya. Sri Lanka , India and Bangladesh are co-hosting the 14-nation showpiece held every four years. Pakistan , the fourth Test-playing nation in South