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” to test Cup venues
January 21, 2011 (AFP) – Sri Lanka are eager to test the island’s new cricket venues ahead of next month’s World Cup, skipper Kumar Sangakkara said Friday. Sri Lanka, who were runners-up in the last Cup in 2007, will stage 12 matches of the showpiece event, in Hambantota, Pallekele and Colombo. The remaining games will […]
‘s Murali to quit after World Cup
January 21, 2011 (AFP) – Record-breaking Sri Lankan spinner Muttiah Muralitharan said Friday he would retire from international cricket after the 2011 World Cup. “This World Cup will be my last outing,” Muralitharan, 38, told reporters on the sidelines of a training session in Colombo. “I am retiring totally from international cricket thereafter. ” The […]
Sri Lanka Piramal Glass profits up five fold in Dec
Jan 21, 2010 (LBO) – Sri Lanka’s Piramal Glass Ceylon, a unit of India’s Piramal Glass said profits in the December 2010 quarter rose more than five fold to 190 million rupees from 28. 6 million a year earlier. The firm which makes glassware saw revenues grow 28. 2 percent to 1,166 million rupees according […]
Sri Lanka stocks close at all time high, up 1.9-pct
Jan 20, 2011(LBO) – Sri Lankan stocks closed up 1.91 percent Thursday at an all time high, brokers said. The All Share Price Index closed at 7,193.10, up 1.91 percent (134.77 points) while the Milanka Price Index of more liquid stocks closed at 7,300.68, up 0.72 percent (52.48 points) according to stock exchange provisional figures. […]
Text Reminders
Jan 20, 2010 (LBO) – Sri Lanka’s credit information office is planning a text message alert service by mobile phone for borrowers who forget to make credit card payments, an official said. The service is likely to be available by April. Sri Lanka has about four million borrowers. Gamini Karunaratne, general manager of the Sri […]
Sri Lanka cable firm to build hotels
Jan 20, 2010 (LBO) – Sierra Cables, a listed power cable maker said it will build hotels in a joint venture with another group as strong tourist arrivals increased drew investment capital into the sector. Colombo is to see at least two 500 million dollar hotel and apartment development complexes on state land and existing […]
Sri Lanka to open rice flour factory with state backing
Jan 20, 2011 (LBO) – Sri Lanka is opening a rice flour factory with a loan from a state bank re-financed by the central bank, the monetary authority said. The central bank said the monetary “in association with several key stakeholders and two state banks, is currently promoting rice based industries in the country with […]
Anti Smuggling
OTTAWA, January 19, 2011 (AFP) – Canadian Public Safety Minister Vic Toews renewed calls Wednesday for tougher measures to curb human smuggling, amid reports the defeated Tamil rebels are regrouping in his country. Toews said “new information” suggests that “syndicated criminal networks are organizing migrant smuggling ventures potentially destined for Canada. ” Without elaborating, he […]
‘s IndiGo to start overseas flights
NEW DELHI, January 20, 2011 (AFP) – India’s ambitious budget airline IndiGo will start international operations in August, the company said in a statement, a week after it placed a huge order for 180 new aircraft. The aviation ministry has approved IndiGo’s proposal to launch services to Singapore, Bangkok, Dubai and Muscat. “IndiGo is delighted […]
”: watchdog
PARIS, January 20, 2011 (AFP) – Leading media freedom group Reporters Without Borders on Thursday accused Nobel-winning author Orhan Pamuk and other writers of legitimising repression in Sri Lanka by attending a literary festival there. Paris-based Reporters Without Borders (RSF) said it was “disturbing” that Sri Lanka should celebrate literature while suppressing freedom of expression […]