Category: Industry
Digital TV
April 26, 2007 (LBO) – Sri Lanka Telecom has received government approval to start an internet based television service, the company said Thursday. Sri Lanka Telecom shares close up 50 cents at 39 rupees. “Sri Lanka Telecom has been successful in securing a media license from the Ministry of Mass Media and Information to provide […]
Micro Finance
April 26, 2007 (LBO) – Islamic Financier Amana Investments Limited has introduced a new microfinance scheme for micro-entrepreneurs who cannot afford conventional banking. The company has joined hands with Muslim Aid, a UK-based NGO that will help provide skills training to entrepreneurs. We target small entrepreneurs who cannot access banking and uplift them to a […]
Oil Chase
April 26, 2007 (LBO) – India is eyeing two oil exploration blocks in Sri Lanka with two state oil firms engaging in open bidding as well as taking a block that is being given as a special favour by their southern neighbor, reports said. The United States is also hosting Sri Lanka’s petroleum officials at […]
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 […]
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 […]
Fleming resigns as New Zealand one-day skipper
KINGSTON, Jamaica, April 24, 2007 (AFP) – New Zealand’s Stephen Fleming announced his resignation as captain of his country’s one-day team after the 81-run defeat by Sri Lanka in the World Cup semi-finals here on Tuesday.But Fleming said he wants to continue playing in the side and stay in charge of the Test team. The […]
We were outclassed, says Fleming
KINGSTON, Jamaica, April 24, 2007 (AFP) – New Zealand captain Stephen Fleming admitted his side had been completely outclassed by Sri Lanka after the Asian side cruised into the World Cup final on Tuesday.Sri Lanka, riding on the back of an unbeaten 115 by skipper Mahela Jayawardene, wrapped up an 81-run win and will now […]
‘s Arnold to retire after World Cup
April 25, 2007 (AFP) – Sri Lanka’s left-handed batsman Russel Arnold will retire from international cricket after the World Cup final, Sri Lanka Cricket (SLC) said on Wednesday.“Russel has informed his decision to team manager Michael Tissera in Jamaica and it has now been officially conveyed to the cricket board,” SLC spokesman Samantha Algama told […]