Category: Industry
Cricket fever is over as road blast kills policemen
April 25, 2007 (AFP) – Tamil Tiger rebels and Sri Lankan soldiers held a truce as their national side marched to the World Cup final, but violence broke out soon after stumps were drawn.Five hours after the semi-final against New Zealand ended in Jamaica early Wednesday, two policemen were killed in a roadside blast. Suspected […]
Port Consolidation
April 24, 2007 (LBO) – Maersk, the world’s largest container shipping line, is to buy a bigger stake in South Asia Gateway Terminals (SAGT), Colombo Port’s privatized transshipment facility, in a deal that sees Dubai Ports World selling out. Other shareholders of SAGT are Evergeen, SLPA, and multilateral lenders. Maersk is currently Colombo’s biggest customer […]
Sri Lanka coach Moody ridicules attack on Malinga bowling action
KINGSTON, April 23, 2007 (AFP) – Sri Lanka coach Tom Moody claims that unorthodox fast bowler Lasith Malinga has one of the straightest arms in cricket and said it’s ridiculous to suggest the 23-year-old’s action is illegal. “If we suddenly went to the MCC coaching manual and tried to get him over the top and […]
‘s astrologers eye World Cup win
April 24, 2007 (AFP) – Sri Lanka’s astrologers say the exact moment when the nation’s cricketers leave their hotel for the World Cup semi-final against New Zealand will determine if they will win It is not only the batsmen’s timing at the crease, but also their precise morning schedule that will decide the winner at […]
Experience vital for Jayawardene
KINGSTON, Jamaica, April 23, 2007 (AFP) – Sri Lanka captain Mahela Jayawardene is backing his side’s greater experience to see them through their World Cup semi-final against New Zealand.The teams meet Tuesday here at Sabina Park in the opening last four match of the first World Cup ever staged in the Caribbean, the victors facing […]
‘s body released by Jamaica coroner: report
KINGSTON, April 24, 2007 (AFP) – The body of murdered Pakistan cricket coach Bob Woolmer has been ordered by a coroner to be released to his family in South Africa, the Daily Gleaner newspaper reported Tuesday.The body of the 58-year-old former England international has been in judicial limbo since March 18 when he was found […]
Real Issue
April 24, 2007 (LBO) – High negative real rates paid to savers have seen deposit growth at Sri Lanka’s National Savings Bank plunge to a record low in 2006, the bank’s latest accounts show. NSB said it was the first state sector enterprise to present its annual report to the public. NSB’s deposits grew by […]
Changing Heads
April 23, 2007 (LBO) – Lanka Orix Leasing Company, a listed leasing company, had hired Citibanker Kapila Jayawardena as Group Chief Executive Officer, the company told the Colombo Stock Exchange Monday. He would also be Managing Director/CEO of Lanka Orix Leasing Company. “Well I have been working mainly in the corporate banking arena. This gives […]
New Formula
April 23, 2007 (LBO) – Sri Lanka’s largest petroleum retailer the state-owned Ceylon Petroleum Corporation (CPC) may return to monthly price adjustments once it had recovered current losses, the country’s petroleum minister said. CPC shares Sri Lanka’s petroleum distribution with Lanka IOC, a unit of Indian Oil Corporation, which has 30 percent of the market. […]
‘s Maharoof pledges 200 percent against New Zealand
KINGSTON, Jamaica, April 23, 2007 (AFP) – Sri Lanka seamer Farveez Maharoof pledged to give 200 percent if that’s what it takes to defeat New Zealand in the World Cup semi-finals here on Tuesday. Maharoof made a compelling case for a starting place in the team with a man-of-the-match performance against Ireland last week where […]
Cricketing nations look towards world cup aftermath
BRIDGETOWN, Barbados, April 23, 2007 (AFP) – Ins and outs of coaches and captains at the World Cup with five days left in the 2007 tournament: AUSTRALIA On top of the world, the two-time defnding champions are already in the semi-finals, where they face South Africa in St Lucia on Wednesday, and are odds-on to […]
‘t write off Black Caps, says Wright
KINGSTON, Jamaica, April 23, 2007 (AFP) – Former New Zealand captain John Wright believes it would be a mistake to write off the Black Caps’ World Cup chances despite their crushing defeat to Australia.Stephen Fleming’s men crashed to a 215-run defeat to the defending champions in their last Super Eights match on Friday. It was […]