Category: Industry
Flying Engineers
April 25, 2007 (LBO) – SriLankan Airlines engineering unit that does third party aircraft maintenance is aiming for European standard certification that would allow it to extend the business to European airlines. We are currently working towards obtaining certification in the European standard EASA (European Aviation Safety Agency), which would enable us to carry out […]
Comfort Rating
April 25, 2007 (LBO) – Fitch Ratings has affirmed Merchant Credit of Sri Lanka’s investment grade BBB (lka) rating but said the finance companies non-performing loans were on the rise and profitability had fallen. Fitch said the outlook was stable and the rating took into account the implied support assumed to be available from its […]
Port Funds
April 25, 2007 (LBO) –The Asian Development Bank (ADB) Wednesday inked a deal with the Sri Lanka government to lend 300 million dollars to expand Colombo port that it said would help keep Sri Lanka’s shipping costs down. Finance Ministry secretary P.B. Jayasundera said the government will chip in with 180 million dollars, and expects […]
Sri Lanka vs New Zealand scoreboard
KINGSTON, Jamaica, April 24, 2007 (AFP) – Sri Lanka captain Mahela Jayawardene led from the front with a maiden World Cup hundred in Tuesday’s semi-final against New Zealand here at Sabina Park.Umpires: Rudi Koertzen (RSA) and Simon Taufel (AUS) TV umpire: Daryl Harper (AUS) Match referee: Mike Procter (RSA) Reserve umpire: Asad Rauf (PAK) KINGSTON, […]
‘s Tharanga answers critics with 73 knock
KINGSTON, Jamaica, April 24, 2007 (AFP) – Upul Tharanga, who was in danger of being dropped for Sri Lanka’s World Cup semi-final against New Zealand, answered his critics in style with a fighting 73 in his team’s total of 289-5.“It was difficult to play shots as the ball got older. You have to wait for […]
Sri Lanka enters Cricket World Cup final beating New Zealand by 81 runs
KINGSTON, Jamaica, April 24, 2007 (AFP) – Sri Lanka captain Mahela Jayawardene led his side into the World Cup final with a maiden tournament hundred as the 1996 champions beat New Zealand by 81 runs at Sabina Park on Tuesday. Jayawardene’s 115 not out was the centrepiece of an imposing total of 289 for five […]
Sri Lanka skipper praises Moody push
KINGSTON, April 25, 2007 (AFP) – Sri Lanka captain Mahela Jayawardene thanked coach Tom Moody for pushing him and the team to their limits after his century steered them into the World Cup final.“The ’96 group changed the course of Sri Lankan cricket completely and those guys cleared the way for us to achieve higher […]
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 […]