Category: Industry
Sri Lankans star in Afro-Asia encounter;survives Pollock scare
BANGALORE, India, June 6, 2007 (AFP) – Shaun Pollock smashed a maiden one-day century, but failed to stop Asia from posting a 34-run win over Africa in the first match of the Afro-Asia cricket series here on Wednesday.The South African scored a robust 130 as his team were restricted to 283 while chasing a stiff […]
No More
June 07, 2007 (LBO) – A pioneer of Sri Lanka’s information technology sector, who headed two government agencies dealing with ICT and also founded a computer faculty in Sri Lanka has passed away. . Professor V. K. Samaranayake, 68, had died in Sweden, Wednesday, a spokesperson for Sri Lanka’s ICT Agency of which he was […]
Positive Growth
June 7, 2007 (LBO) – Alcatel-Lucent, the largest telecom equipment manufacturers in the world, opened a branch in Sri Lanka Thursday saying sales have doubled in the island during the last two years. “All the south Asian markets are very competitive. We will continue to provide support to our customers and we will push for […]
Clipped Wings
June 7, 2007 (LBO) – DFCC Bank has been asked to cut its 28.98 percent stake in Commercial Bank to 15 percent under Sri Lanka’s banking laws, the development financier said. Commercial Bank of Ceylon has informed DFCC Bank that if the stake was not cut by October 23, 2008, DFCC its voting rights would […]
Divine Intervention
June 6, 2007 (LBO) – Sri Lanka’s state electricity utility warned that power cuts would be imposed if monsoon rains do not come in the next two weeks to boost its hydro storage capacity. It engineers have warned the media last month that another unsuitable 300 MegaWatt thermal plant is being forced on the utility […]
‘s Dilshan stars in Asia XI win
BANGALORE, India, June 6, 2007 (AFP) – Sri Lankan Tillakaratne Dilshan hit an unbeaten 47 to guide Asia XI to a six-wicket victory over Africa XI in the one-off Twenty20 cricket match here on Tuesday.The Asian team were struggling at 34-3 before surpassing their opponents’ modest total of 109-8 with more than four overs to […]
Sri Lanka checks out another Aussie coach: report
SYDNEY, June 6, 2007 (AFP) – Australian provincial coach Trevor Bayliss will fly to Sri Lanka next week to be interviewed for the vacant national coach’s position, it was reported Wednesday.. The Sydney Morning Herald said New South Wales state coach Bayliss was a candidate for the position vacated by fellow countryman Tom Moody, who […]
Air force officer takes over as Sri Lanka manager
June 6, 2007 (AFP) – A senior Sri Lankan air force officer has been appointed as the new manager of the national cricket team, replacing Michael Tissera, a Sri Lanka Cricket official said Wednesday.Air Vice Marshal Sriyan Samararatne, a strict disciplinarian, was picked after facing an interview panel Wednesday by Sri Lanka Cricket, the governing […]
Service Skills
June 06, 2007 (LBO) – Sri Lanka’s freight forwarding industry is setting up an academy to train people with the skills and knowledge required to handle logistics in today’s rapidly growing international trade. Sri Lanka Shippers™ Council, Sri Lanka Apparel Exporters™ Association, Exporters™ Association of Sri Lanka, Import Section of the Ceylon Chamber of Commerce […]
Retail Recognition
June 06, 2007 (LBO) – Retailers that were a just a distribution channel at one time have to be considered as a strategic business partners in driving brands forward in a competitive market, Sri Lanka’s top marketers have said. Retailers are the last point the brands can market themselves and without retailer interest in selling […]
E-deadline
VANCOUVER, Canada, June 5, 2007 (AFP) – The International Air Transport Association has given member airlines and travel agencies five extra months to switch entirely to electronic ticketing, to May 2008.IATA initially had scheduled the switchover to e-tickets, eliminating paper tickets, to be completed by December 31. The decision to extend the deadline was taken […]
Bunker Oil
June 05, 2007 (LBO) – Lanka IOC, a unit of the Indian Oil Corporation, has started a marine bunkering operation by supplying diesel to ships off the east coast of the island, an official said.“We made a humble beginning using our facilities in Trincomalee by offering bunkering services selling diesel oil to two vessels a […]