Category: Industry
Mobile Capital
April 20, 2007 (LBO) – Dialog Telekom, a unit of Malaysia Telekom, is raising 20.5 billion rupees from the capital market through an issue of ordinary and preference shares, the firm told the Colombo Stock Exchange Friday. (1 US dollar = Rs 110) The mobile operator, Sri Lanka’s largest is raising 15.54 billion rupees by […]
Digital Gap
April 20, 2007 (LBO) –Sri Lanka would need 12,000 information technology (IT) sector workers over the next two years, but the country’s educational system can supply only half that, the government’s IT promotional body said. “Future demand patterns indicate a requirement of nearly 12,000 more IT workers over the next couple of years,” Sri Lanka’s […]
Coming Through
April 20, 2007 (LBO) – George Steuart and Company has started a school for Chartered Institute of Management Accountants(CIMA) students to meet growing demand for professionals with the qualification. The CIMA council says that Sri Lanka is in need of more CIMA qualified professionals to satisfy the rising demand. The demand for CIMA qualifiers is […]
Southwest Sri Lanka coastal hotel property sold by John Keells
April 20, 2007 (LBO) – The hotel unit of John Keells Holdings has sold a hotel property on Sri Lanka’s Unawatuna coastal town in the South West of the island, the firm told the Colombo Stock Exchange Friday. Last week another listed firm, Hemas said a re-branding of several hotels in partnership with the Minor […]
Floating Tax
April 20, 2007 (LBO) – Sri Lanka’s tiny shipping industry has begun talks with the Customs authorities to clear a dispute over the payment of a tax on their vessels, an official said. Shipping analysts say taxing local owners could make them less competitive in international waters where their vessels trade and prompt them to […]
Lube Deal
April 19, 2007 (LBO) – Laugfs Holdings said Thursday it had signed an agreement with the government of Sri Lanka that gave it permission to import and market lubricants in the island. Laugfs group holds 30 percent market share for domestic Liquefied Petroleum Gas and around 55 percent for industrial bulk demand. The local market […]
‘s Malinga fit for semi-final: Mahela
ST GEORGE’S, Grenada, April 19, 2007 (AFP) – Sri Lanka captain Mahela Jaywardene is confident of having fast bowler Lasith Malinga fit for Tuesday’s World Cup semi-final in Jamaica. Malinga, who has taken 15 wickets at under 15 apiece at the tournament, has missed Sri Lanka’s last three matches after damaging left ankle ligaments. His […]
Maharoof gives Sri Lanka semi-final headache
ST GEORGE’S, Grenada, April 18, 2007 (AFP) – Seamer Farveez Maharoof gave Sri Lanka a World Cup semi-final selection headache on Wednesday when he claimed four victims in his team’s Super Eights eight-wicket win over Ireland.Maharoof, playing in the side because of an injury to Lasith Malinga while Dilhara Fernando was rested, made a strong […]
Ireland leave the world cup on a high note despite Sri Lankan defeat
ST GEORGE’S, Grenada, April 19, 2007 (AFP) – Ireland captain Trent Johnston said not even an eight-wicket World Cup defeat by Sri Lanka could erase the memories of the reception his team received after their win against Pakistan.Johnston’s largely amateur side bowed out of their first World Cup tournament by being skittled out for 77 […]
Windies too fail to break the World Cup jinx
BRIDGETOWN, Barbados, April 19, 2007 (AFP) – It appears that the best way to win the World Cup is not to host it.The West Indies became the latest prey to the curse of the hosts after failing to qualify for the semi-finals even before they had finished their Super Eights engagements. The hosts will take […]
Kiwi opening bowler Shane Bond fact file
ST GEORGE’S, Grenada, April 19, 2007 (AFP) – Factfile on Shane Bond ahead of New Zealand’s World Cup Super Eights clash against Australia at Grenada National Stadium here on Friday: Name: Shane Edward Bond Born: June 7, 1975, Christchurch, Canterbury Age: 31 Major teams: New Zealand, Canterbury, Warwickshire Bowling style: Right-arm fast ODI career (debut: […]
”s prospects
April 19, 2007 (AFP) – The wretched form of Sri Lanka’s left-handed opener Upul Tharanga has opened the possibility of former captain Marvan Atapattu making a comeback in the semi-final clash with New Zealand.Tharanga managed just 17 runs in his last three outings and his longest innings lasted no more than 22 balls — a […]