Category: Industry
Not Funny
February, 08 (LBO) – A decision by the Ceylon Petroleum Corporation to tender its liquid petroleum gas output in the open market will re-create an absolute monopoly, Sri Lanka’s second gas retailer has said. CPC which produces about 10 percent of the country’s annual L P gas requirements now sells its production to Laugfs Lanka, […]
Rain stops India-Sri Lanka one-dayer
KOLKATA, India, Feb 8, 2007 (AFP) – Unseasonal rain turned into a torrential downpour, forcing the first one-day international between India and Sri Lanka to be called off here on Thursday.A sell-out crowd of 88,000 at the Eden Gardens returned home disappointed as the weather ruined what promised to be an absorbing contest. Sri Lanka […]
Oil Deposit
February 07, 2007 (LBO) — Sri Lanka has asked governments of India and China to make a 100 million dollar deposit each, for securing a block to explore oil off the shores of the island, a top official said.“Out of the eight identified oil blocks we have given one each to India and China on […]
India and Sri Lanka tune up for World Cup
KOLKATA, India, Feb 7, 2007 (AFP) – India and Sri Lanka get an early chance to size up each other ahead of the World Cup when they play a four-match limited overs series starting here on Thursday.Both teams are drawn together in group B of the World Cup preliminary rounds alongside Bangladesh and Bermuda, with […]
Tech Assisted
Feb 07 (LBO) – Sri Lanka is to get help from global Information Technology company Microsoft, to revamp local IT literacy skills, currently ranked lower than other South Asian countries. Director of public sector programs for Microsoft, Vincent Quah says, the ICT literacy level among Sri Lanka’s population is around 10 to 15 percent compared […]
Post Men
Feb 06, 2007 (LBO) – Sri Lanka is boosting is postal service with thousands of new postmen, the country’s outgoing posts minister said. Former posts and telecommunications minister D M Jayaratne, who was replaced in a recent cabinet re-shuffle, said Sri Lanka post had received state approval to recruit 5,000 postmen and 4,000 substitutes. The […]
Option Collar
February 6 (LBO) – The Ceylon Petroleum Corporation will hedge up to a quarter of its diesel imports using options, with the first contract to be signed in a matter of days, officials said Tuesday.. Ceypetco wanted to cap the diesel import price at around 70 dollars a barrel, but the price had already moved […]
Gas Change
February 06, (LBO) – Ceylon Petroleum Corporation would call open tenders to sell the liquid petroleum gas produced at its refinery, Petroleum Minister A H M Fowzie said. Laugfs Gas, the company which had a 5-year contract to buy the LP Gas from Ceypetco had been given a 3-month extension until April 21. Laugfs now […]
Wrong Country
GENEVA, Feb 6, 2007 (AFP) – A group of Sri Lankans who paid for jobs in the Gulf were locked into a building site in Iraq for two weeks before they realised they were in the wrong country, an international agency said Tuesday.The 17 Sri Lankan migrant workers, who had paid 2,000 dollars each to […]
” to beat India
NEW DELHI, India, Feb 5, 2007 (AFP) – Sri Lanka will rely on unpredictable fast bowler Lasith Malinga to rattle India in the one-day series starting this week, vice-captain Kumar Sangakkara said on Monday.The 23-year-old Malinga has claimed 71 wickets in 21 Tests and scalped 37 victims in 25 one-dayers with his unusual round-arm slinging […]
‘s new coach
MELBOURNE, Feb 5, 2007 (AFP) – Tim Nielsen will become coach of Australia’s Test and one-day cricket team when John Buchanan retires after next month’s World Cup, Cricket Australia said Monday.Nielsen, 38, is head coach at the Centre of Excellence in Brisbane, which includes managing the respected Australian Institute of Sport (AIS) men’s cricket programme. […]
Sri Lanka cricketers look for revenge in India
COLOMBO, Feb 2, 2007 (AFP) – Sri Lanka hope to avenge an embarrassing thrashing by India 15 months ago when they play a four-match series from next week in the build-up to the World Cup.When Sri Lanka played in India in November, 2005, they were routed 6-1 in the one-dayers and 2-0 in the three-Test […]