Damage caused to the rubber tubing on the buoy that supports the pipeline transporting fuel from tankers about nine kilometers away from shore has made it impossible to supply any fuel to the Sapugaskanda refinery. The rumor that this would cause a fuel shortage in the country is false and there would be no such…
The government is preparing to join the national grid to the third phase of the Norochcholai coal power project next month. While commenting on this, Ceylon Electricity Board (CEB) chairman W.B. Ganegala told AdaderanaBiz.lk that the third phase of the Norochcholai coal power plant would add another 300 megawatt of electricity to the national grid….
Google announced on Wednesday it was working on a low-cost smartphone aimed at emerging markets as part of an initiative called Android One. The Android-powered handset will be built with a basic set of features including FM radio, have a screen slightly smaller than five inches and be priced at less than US$100, Google senior…
Thirty one years ago, on June 25 1983, India won her first Cricket World Cup title. The image of captain Kapil Dev holding the trophy high at the Lord’s balcony is etched in the country’s collective memory. And now, a film is being made on this landmark achievement, allowing the current generation to revisit the…
Adam Investments Limited has bought 25.71 percent ordinary voting shares of PCH Holdings subsidiary PC Pharma PLC Limited which imports medicinal drugs and medical equipment to Sri Lanka. Accordingly, between 23 and 25 June 2014 Adam Investments Limited has bought 25.9 million ordinary voting shares of PC Pharma PLC Limited. While these shares had been…
Colombo bourse sustained the positive momentum gained in previous session and closed with higher returns. Benchmark All Share Price index gained 10.68 points or 0.17% to end at 6,321.55 while S&P SL 20 index marginally gained 5.43 points or 0.16% to end at 3,501.55. Price progression in counters such as John Keells Holdings (closed at…
Since power had been generated continuously using fuel due to the lack of rainfall within the catchment areas, the dues to be paid by the Ceylon Electricity Board (CEB) to the Ceylon Petroleum Corporation (CPC) too have increased to Rs. 18 billion by now, it has been revealed. While speaking to AdaderanaBiz.lk, CEB charman W.B….
SECOND national carmaker Perodua announced that it has revised the pricing scheme for its popular Viva compact model starting from June 17. Available in five variants, the Viva model range sees its price drop between RM3,000 to RM5,300 depending on variants. The Viva model’s estimated on-the-road (OTR) pricing will now start from RM22,000 for the…
EXCLUSIVE: The Lotteries Board is preparing to enter the mobile phone and internet market before the end of this year by introducing Short Message Service (SMS) and Web lottery to the local market. While commenting on this, Lotteries Board chairman Chaminda Athuluwage told AdaderanaBiz.lk that the proposal to introduce these lotteries have been already forwarded…
The anchors that front your news bulletins could soon well be replaced, as Japanese scientists unveil what they claim to be the world’s first news-reading robots. In a demonstration at a Tokyo museum on Tuesday, two human androids displayed their ability to speak with ease by delivering the news to a room of reporters. The…
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