Category: Industry
‘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 […]
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 […]
Teaching Lessons
April 25, 2007 (LBO) – Two successful family owned businesses, Hemas Holdings Limited and Ceylon Biscuits Limited (CBL), have become case studies for students of a Sri Lankan post graduate school. The project was conducted by the faculty and students of the Post Graduate Institute of Management (PIM), funded by the USAID under The Competitiveness […]
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 […]
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 […]
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 […]
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 […]