Category: Industry
Sri Lanka to repeat 1996 World Cup-winning aggression
COLOMBO, Feb 26, 2007 (AFP) – Sri Lanka’s cricketers want to play aggressive cricket, like they did in 1996, to secure their second World Cup success, captain Mahela Jayawardene said Monday.“We have been playing a pretty exciting brand of cricket in the past couple of years, as our results have shown,” Jayawardene said ahead of […]
On Record
February 26 (LBO) – South Korean electronics firm Samsung hopes to double business in Sri Lanka this year, fighting for a bigger slice of the island™s television market. We are confident of achieving an over 100 percent jump in our business in Sri Lanka this year, Ravinder Zutshi, Deputy Managing Director of Samsung India Electronics […]
Malaysia woos Lankan tourists with anniversary bash
February 26 (LBO) – Malaysia will celebrate 50 years of independence in August this year and is hoping the revelry, travel deals and discounts will entice more Sri Lankans to visit. Last year the island attracted 559,603 tourists, a small increase on the 549,308 in 2005 and well below tourism ministry expectations of 600,000 tourists. […]
Ring Cut
COLOMBO, Feb 24, 2007 (AFP) – Working mother Kumari Ranasinghe looks forward every day to a telephone call from someone who hangs up on her immediately — her 12-year-old son who is making the call to let her know he has left school.“It’s also a disaster when the networks are busy and you can’t get […]
Arjuna Fire
NEW DELHI, Feb 24, 2007 (AFP) – Sri Lanka had always been a talented side often giving the impression of being too soft on the field until captain Arjuna Ranatunga changed it all with his aggressive approach to win the 1996 World Cup.They always had skilful individuals, but as a team they achieved worldwide fame […]
Cricket Post
COLOMBO, Feb 23, 2007 (AFP) – Sri Lanka on Friday issued two commemorative World Cup stamps in a bid to boost its cricketers ahead of the tournament starting in the Caribbean next month. “What we are trying to do is to encourage the players. We don’t want to put any undue burdens, but just to […]
Foreign Money
February 23, 2007 (LBO) – Sri Lanka Friday announced plans to raise 100 million dollars by selling development bonds to foreign investors, while a drive to sell rupee bonds to overseas buyers has netted in 31.75 million dollars to date, the public debt office said.Bulk of the funds will be used to bridge the country’s […]
Indian Grip
February 22 (LBO) – Diesel and Motor Engineering Company (DIMO), a unit of Sri Lanka’s Hayleys group, is boosting the visibility of TATA passenger cars in a market that is already dominated by another Indian brand, Maruti. DIMO opened a new showroom in a plush shopping business district this week, next to an existing outlet […]
Rolling Stock
February 22 (LBO) – The government of Sri Lanka hopes to purchase 100 train carriages from China to develop the island’s dilapidated railway network, officials said Thursday. The carriages will be purchased from China National Machinery Import and Export Corporation, Anura Yapa, Sri Lanka’s information minister said. Sri Lanka’s railway network was built by British […]
Sri Lanka at best ever for World Cup: de Silva
COLOMBO, Feb 22, 2007 (AFP) – Former batting great Aravinda de Silva believes the current Sri Lankan side go into the World Cup with better chances of winning the title than their champion 1996 team. “I honestly feel this side have a better chance than we had in 1996.When you compare the eras, I feel […]
Zenith
February, 22 (LBO) – After growing at breakneck speed for the past several years, Sri Lanka’s mobile phone market is losing pace and competitors are pecking away at dominant player Dialog’s market share, an equities research report has said. In 2006 Sri Lanka’s mobile penetration hit 27.1 percent according to official Telecommunications Regulatory Commission data. […]
Smart Buildings
February 21 (LBO) – Following the rapid spread of urbanization in Sri Lanka, local architects say more efficient and economical design methods must be adopted. In the field of architecture in Sri Lanka, there has not been any serious deliberation on sustainability, says Chandana Edirisuriya, Vice President Sri Lanka Institute of Architects (SLIA). In South […]