Category: Industry
Bermuda skipper defends World Cup place after warm-up thrashing
ARNOS VALE, St Vincent, March 6, 2007 (AFP) – Bermuda captain Irving Romaine insisted his side deserved their place at the Cricket World Cup despite losing their opening warm-up match against England by the huge margin of 241 runs. Bermuda’s second and final warm-up match is against Zimbabwe on Thursday.“Today the plan was to field […]
Helping Hand
March 06 (LBO) – Sri Lanka is trying to make it easier for disabled people and the aged to use public transport like trains and buildings, a government official said Tuesday. The conference is jointly organised by the social services ministry, Practical Action-South Asia Programme, Disaster Relief Monitoring Unit of the Human Rights Commission Sri […]
Cricket: Sri Lanka World Cup squad profiles
BRIDGETOWN, Barbados, March 5, 2007 (AFP) – Penpix of Sri Lanka’s World Cup squad Mahela Jayawardene (RHB/RAM/Capt.) Age: 29. ODI appearances: 236. First cap: v ZIM, Colombo, Jan 24, 1998 A fine technician with an excellent temperament, he has settled in as captain after Marvan Atapattu was injured. Under him, Sri Lanka are a well-knit […]
Tele Focus
March 05 (LBO) – The possible exit of Japan’s NTT from Sri Lanka Telecom continues to garner investor interest with market expectations of a possible buyout by Malaysian mobile operator, Maxis. But SLT has declined to comment specifically on the deal, saying NTT was satisfied with SLT’s performance. “I think amongst those projects the companies […]
Defence Support
March 05 (LBO) – Sri Lanka and the United States has signed a deal to give reciprocal logistical support for the military forces of the two countries, the US embassy in Colombo said Monday. The 10-year agreement which will provide a framework for increased interoperability of the forces of the two countries has been signed […]
Joint Deal
March 05 (LBO) – DFCC Bank and Hatton National Bank would set up a joint venture investment bank to takeover and run their corporate finance and capital market businesses, the two banks said Monday. “It is envisaged that the new will also be the group holding company for the other related entities of the two […]
Skills Boost
March 05, 2007 (LBO) – Sri Lanka’s financial regulators are coming together to boost skills of market professionals in a bid to deepen securities and insurance industries. Sri Lanka has a large number of companies, financial institutions, registered financial, leasing and insurance companies, merchant banks, venture capital firms and unit trusts. Sri Lanka’s capital markets […]
Taking Flight
March 5, 2007 (AFP) – Sri Lanka’s new state-run budget airline secured a provisional license to fly after technical problems delayed its maiden test flight by over eight hours, officials said. A Mihin Air flight flew to India’s southern city of Thiruvananthapuram from the island’s sole international airport late Sunday and returned around midnight, airport […]
Sri Lanka to play Scotland in World Cup opening round
BRIDGETOWN, Barbados, March 4, 2007 (AFP) – Hosts West Indies, England, South Africa and Sri Lanka will fire the opening shots in their World Cup campaigns on Monday at the start of series of warm-up matches. West Indies, bidding to become the first host nation to win the title, face Kenya in Jamaica, England will […]
Still Grounded
March 4, 2007 (AFP) – Sri Lanka’s new state-run budget airline cancelled its maiden flight on Sunday because of technical problems, airport officials said. A Mihin Air flight was due to depart for India’s southern city of Thiruvananthapuram from the island’s sole international airport, but the trip was scrapped due to problems with the plane’s […]
Sharia Mortgage
March 03 (LBO) – HDFC bank is planning to offer housing mortgages based on Islamic finance principles, an official said.“We have already formulated to bring the Sharia concept into the housing loan portfolio,” says HDFC Bank chairman S M M Yaseen told ETV’s Money Report programme. “I am very keen and my board has given […]
‘s not just cricket
NEW DELHI, March 2, 2007 (AFP) – Where there’s cricket, there’s controversy and at the 2003 World Cup the phrase “It’s not cricket” vied for attention with on-field contests. The tournament, jointly hosted by South Africa, Zimbabwe and Kenya, was not only the biggest in the history but also had more than its fair share […]