Category: Industry
Airport Curfew
COLOMBO, May 3, 2007 (AFP) – Sri Lanka’s international airport will close at night from next week following a spate of bombing raids by Tamil Tiger aircraft taking the cover of darkness, a top aviation official told AFP. The Bandaranaike International Airport would close for six hours nightly from May 10, acting director general of […]
‘s World Cup stars return
May 3, 2007 (AFP) – Sri Lanka’s World Cup cricketers returned to an elaborate welcome Thursday after being stranded in London following Tamil Tiger rebel air raids in Colombo, officials said on Tuesday.The team was received at the VIP lounge of the Bandaranaike International airport where Buddhist monks, Hindu and Catholic priests and Muslim clerics […]
Jayawardena says they lost to a better team
May 3, 2007 (AFP) – Sri Lanka’s skipper Mahela Jayawardene returned home expressing disappointment over his team’s failure to secure the cricket World Cup, but said they lost to a better Australian team. Cricket fans lined up along the team’s route from the international airport despite heavy rains which lashed the city, after the World […]
Reconnecting
May 2, 2007 (AFP) – Dubai’s Emirates Airlines said on Wednesday it would resume day-time services to Sri Lanka which were suspended following Tamil rebel air raids near the island’s only international airport.Sri Lanka lost to Australia in Saturday’s final in Barbados.“Following a review of the situation in the Sri Lankan capital, Colombo, Emirates will […]
Large Loan
May 01, 2007 (LBO) – Bank of Ceylon said it had completed Sri Lanka’s largest international syndicated loan when it raised 210 million dollars in a 3-year facility arranged by HSBC. “The success of this loan syndication epitomises the resourcefulness of the global giant HSBC in being able to draw on their international expertise and […]
Aviation Hub
May 01, 2007 (LBO) – A trimming of services to Sri Lanka by major international carriers is undermining Colombo’s aspirations to be a regional aviation hub, in addition to hitting the island’s tourist industry. Sri Lanka now has to buy expensive defensive equipment at a cost that is totally disproportionate to the size of the […]
Third Dimension
May 01, 2007 (LBO) – Chamath Champika Jayalath was watching the Sri Lanka-Australia Cricket World Cup final shortly after 1.00 am Sunday when suddenly power supply went off. Waiting for power to come back, Jayalath was startled by the sound of explosions and heavy gunfire. Rushing out, he saw tracer bullets streaming into the night […]
” to Sri Lanka – Australia farce: Speed
BRIDGETOWN, Barbados, April 30, 2007 (AFP) – Officials whose error led to the farcical finish in the World Cup Final do still have a future in cricket, according to Malcolm Speed. The International Cricket Council chief executive said the five-man playing control team led by match referee Jeff Crowe were full of regret for their […]
Be Prepared
April 30, 2007 (LBO) – Two Sri Lankan firms which are providing disaster recovery services for BPO firms in Sri Lanka are expanding and hunting for more business. Lanka Communication (LankaCom) and Blue Chip Customer Engineering say natural disasters and increasing unrest is driving businesses to look for disaster recovery specialists to provide business continuity […]
Full Control
KUALA LUMPUR, April 30, 2007 (AFP) – Malaysia’s largest mobile operator Maxis Communications said Monday that controlling shareholder, businessman Ananda Krishna has made an offer to take the company private. Maxis said in a statement to the Kuala Lumpur stock exchange that its substantial shareholder, Usaha Tegas — Ananda’s private company — intends “to launch […]
Day Only
April 30, 2007 (LBO) – Singapore Airlines has stopped night flights to Colombo, the airline said Monday, after the third incident involving Tamil Tiger aircraft and anti-aircraft fire from an air base adjoining the main airport. “Singapore Airlines wishes to inform all its customers and the traveling public that following a security review, effective from […]
No Connection
April 30, (LBO) – Emirates Airlines said Monday flights to Colombo will remain suspended after a security review, following Tamil Tiger rebel air raids. The Katunayake airbase itself was bombed on March 26 in the rebels’ first air strike. The airline, which manages and partly owns SriLankan, the island’s national carrier, suspended flights along with […]