Private Leisure International is now ready to establish its presence in Sri Lanka. To fill up its portfolio, the company is now inviting villa owners to list their villa. However, acceptance is subject to strict quality control.
Colombo under water after record rain
COLOMBO, Thursday 11 November 2010 (AFP) - Floods following the heaviest rains in 18 years brought parts of Sri Lanka's capital to a standstill on Thursday, officials said.
Boats were deployed by the navy to help marooned residents and police said thousands of houses were under water but there were no immediate reports of casualties.
Leading mobile phone makers lose market share
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The Galaxy S from Samsung (right) and Apple's iPhone 3G, being demonstrated in South Korea |
The world's leading mobile phone makers are losing market share to non-brand manufacturers, according to research. Analysts at Gartner say smaller, Asian companies accounted for a third of worldwide handset sales in July, August and September. Nokia is still the biggest seller of mobiles, followed by Samsung and LG.
Meanwhile, Google's Android operating system has sharply increased its share and is now the second most popular mobile operating system after Symbian.
SRI LANKA CO-HOSTS ICC WORLD CUP 2011
In 2011 Sri Lanka will host the world’s most prestigious event in the cricket calendar, the International Cricket Council World Cup. The games played in February and March will take place in stadiums located in the colonial capital, Colombo, the Southern coastal city of Hambantota and the ancient capital, Kandy. Sri Lanka is currently 2nd in the world cup rankings, closely followed by England in 5th place. As potential favourites to go through to the Quarter and Semi Finals, the England cricket team may have the opportunity to play at one of these venues.
Airtel posts $370 Million 2Q profit but misses estimates
Bharti Airtel Ltd., India’s largest mobile-phone operator, reported profit fell 27 percent after the company cut calling rates to compete in the world’s second- largest wireless market.
Second-quarter net income dropped to 16.6 billion rupees ($374 million) in the three months ended Sept. 30, compared with 22.6 billion rupees a year earlier, New Delhi-based Bharti said today. That lagged behind the 17.8 billion rupee average of 27 analyst estimates compiled by Bloomberg.
Second-quarter net income dropped to 16.6 billion rupees ($374 million) in the three months ended Sept. 30, compared with 22.6 billion rupees a year earlier, New Delhi-based Bharti said today. That lagged behind the 17.8 billion rupee average of 27 analyst estimates compiled by Bloomberg.
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