Category: Industry
Dollar Deal
April 27, 2007 (LBO) – State-owned Bank of Ceylon’s syndicated dollar loan has been able to raise more money than originally envisaged. (US Dollar = 110 rupees) Updated There had been substantial interest from prospective lenders allowing the loan size to be enhanced, an official said. The deal, arranged with bookrunner HSBC, was earlier scheduled […]
Small Credit
April 27, 2007 (LBO) – The International Finance Corporation (IFC) has joined hands with six Sri Lankan private banks to educate small and medium enterprise (SME) owners on getting loans to finance their business. Local banks are heavily weighted towards collateral-based lending, instead of project-based lending, which makes it difficult for smaller firms to access […]
Take Off
April 26, 2007 (LBO) – Sri Lanka’s international airport has re-opened after several flights were diverted as a precautionary measure following reports of a possible Tamil Tiger air raid, officials said. . Updated Military spokesman Brigadier Prasad Samarasinghe said there was no attack but there were reports of two unidentified light aircraft being detected in […]
Final tuned for Malinga and Tait sling concerto
BRIDGETOWN, Barbados, April 27, 2007 (AFP) – They’re the youngest slingers in town, but Shaun Tait and Lasith Malinga know that Saturday’s World Cup final shootout can produce only one winner.Malinga has never played a one-dayer against Tait’s Australians. But if the defending champions want information on how dangerous the Sri Lankan fast bowler can […]
‘s World Cup bid
April 27, 2007 (AFP) – The British diplomatic mission in Colombo shed diplomatic neutrality Friday to support Sri Lanka’s cricket team in their World Cup final against Australia. The top British envoy here, Dominick Chilcott, led high commission (embassy) staff in signing greetings to skipper Mahela Jayawardene and his team-mates ahead of Saturday’s game in […]
Slave Records
LONDON, April 27, 2007 (AFP) – Britain said Friday it was putting colonial slavery records online for the first time, an archive which will eventually cover three million slaves in South Africa, Sri Lanka and the Caribbean. The collection on the ancestry.co.uk website is taken from registers lodged between 1812 and 1834. Britain has been […]
Australia to meet Sri Lanka at World Cup final after crushing win over South Africa
GROS ISLET, St Lucia, April 25, 2007 (AFP) – Glenn McGrath and Shaun Tait struck it rich as Australia stormed into a fourth successive World Cup final with a crushing seven-wicket win over South Africa here on Wednesday. South Africa were dismissed for 149, their lowest-ever Cup total as Tait finished with 4-39 while man-of-the-match […]
”’, sports and sportsmen at war
BRIDGETOWN, Barbados, April 26, 2007 (AFP) – Sport is war minus shooting, said George Orwell and Sri Lanka’s cricketers are doing their part in keeping the guns silent. Cricket is such an obsession in the strife-torn nation that the team’s progress to the World Cup final in the Caribbean has produced a temporary peace dividend […]
Hope of Peace through cricket
April 26, 2007 (AFP) – Sri Lanka’s surge into cricket’s World Cup final this weekend has raised hopes of a peace dividend on an island united by sport but divided by conflict, even if no one is showing long-term optimism.Cricket is hugely popular in Sri Lanka and is seen as one of the few things […]
‘re ready for Murali and Vaas, warns Ponting
GROS ISLET, St Lucia, April 26, 2007 (AFP) – Australia captain Ricky Ponting insists his world champions are ready to face down Sri Lanka’s veteran bowlers Muttiah Muralitharan and Chaminda Vaas in Saturday’s World Cup final.Australia have already beaten Sri Lanka in the tournament when they won their Super Eights clash by seven wickets in […]
Dilhara Fernando to be axed
KINGSTON, Jamaica, April 25, 2007 (AFP) – Struggling pace bowler Dilhara Fernando is likely to be axed from Sri Lanka’s team for Saturday’s World Cup final after his disastrous performance in the semi-final win over New Zealand. “We have been talking about getting the basics right and putting the ball in the right areas.” Fernando […]
Sri Lanka vs Australia head to head
BRIDGETOWN, Barbados, April 26, 2007 (AFP) – Australia v Sri Lanka head-to-head record ahead of the World Cup final at Kensington Oval here on Saturday: Total meetings: 64 Australia wins: 42 Sri Lanka wins: 20 Tied: 0 No Result: 2 Last 20 meetings 27/09/2002: Colombo Sri Lanka won by 7 wkts 22/12/2002: Perth Australia won […]