Category: Industry
Profit Gain
May 18, 2014 (LBO) – Sri Lanka’s Commercial Bank of Ceylon said profits before tax drop marginally to 6.474 billion in the first half of 2014 due to imposition of Nation building tax from January. The bank says the profit before financial VAT and NBT was up 1.92 percent to 7.587 billion rupees. The imposition […]
Pakistan must score 271 to ruin Jayawarde
COLOMBO, August 17, 2014 (AFP) – Pakistan were set a target of 271 to record a series-levelling win in the second Test against Sri Lanka on Sunday and ruin the retiring Mahela Jayawardene’s farewell party. The hosts, trailing by 12 runs on the first innings, were bowled out for 282 in their second knock just […]
Cricket: Sri Lanka prosper as Herath wrecks Pakistan again
COLOMBO, August 17, 2014 (AFP) – Sri Lanka stepped closer to giving former captain Mahela Jayawardene a winning farewell after Rangana Herath skittled Pakistan once more in the second Test in Colombo on Sunday.Pakistan, set a series-levelling target of 271 runs, slumped to 50-5 before plodding to 127-7 by stumps on the fourth day at […]
Cricket: Fired-up Pakistan rattle Sri Lanka in second Test
COLOMBO, August 14, 2014 (AFP) – Mahela Jayawardene scored four streaky runs in his last Test as Pakistan’s bowlers dismantled Sri Lanka’s first innings at the start of the second and final match in Colombo on Thursday.“For us seamers to take so many wickets on a dead wicket like this is fantastic,” said the 24-year-old […]
Sri Lanka bat against Pakistan in second Test
COLOMBO, August 14, 2014 (AFP) – Sri Lanka’s captain Angelo Mathews won the toss and elected to bat in the second Test against Pakistan in Colombo on Thursday, the final one for the home team’s retiring Mahela Jayawardene.Umpires: Ian Gould (ENG) and Richard Illingworth (ENG) TV umpire: Bruce Oxenford (AUS) Match referee: Andy Pycroft (ZIM) […]
Sri Lanka launches Ceylon cinnamon certification to promote exports
Aug 11, 2014 (LBO)- Sri Lanka has launched an internationally accredited certification for cinnamon, its main spice export, aiming to uplift an image like its main export, Ceylon tea, and exploit growing in global market. The ‘Pure Ceylon Cinnamon Global Certification” is also registered in key markets of USA, EU, Peru and Colombia, said Rishad […]
Cricket: Sri Lanka beat the rain to down Pakistan in first Test
GALLE, August 10, 2014 (AFP) – Retiring Mahela Jayawardene took on the unusual role of opening batsman to hand Sri Lanka a thrilling seven-wicket victory on the final day of the first Test against Pakistan in Galle on Sunday.– ‘Dropped catches cost us badly’ – Pakistan captain Misbah-ul Haq rued the missed chances on the […]
Cricket: Pakistan 347-5 in first Test vs Sri Lanka
GALLE, August 7, 2014 (AFP) – Younis Khan was unbeaten on 171 as Pakistan moved to 347-5 in their first innings by lunch on the second day of the first Test against Sri Lanka in Galle on Thursday.Resuming at the overnight total of 261-4, Khan and Asad Shafiq took their fifth-wicket stand to 137 before […]
Sri Lanka Port Authority calls for private investments to build port city
(07, Aug, 2014 LBR) – – Sri Lanka’s port city to be built on reclaimed sea will be financed with private capital and investors would be free to come up with proposals on how to use the land, an official said.The port city will have shopping areas, water sports area, mini golf course, hotels, apartments, […]
Pakistan bat against Sri Lanka in first Test
GALLE, August 6, 2014 (AFP) – Pakistan captain Misbah-ul Haq won the toss and elected to bat in the first Test against Sri Lanka in Galle on Wednesday.The start was delayed by 30 minutes due to a wet outfield caused by overnight rain.Bad weather has been forecast on all five days of the Test. Both […]
Compassion Measure
Aug 05, 2014 (LBO) – A regional consultant who works with mainly multinational businesses in South Asia and the Middle East says he wants to measure compassion in Sri Lanka business, after initiating the process in Pakistan.“I want to go deep and see how Sri Lankan organizations are different from Pakistan, even if they are […]
Sri Lanka tourist arrivals up 25 pct in July, 2014
August 05, 2014 (LBO) Sri Lanka’s tourist arrivals rose 25.2 percent to 133,971 in June 2014 from a year earlier, by driven by China and India, data from the state tourism promotion office showed. Western European visitors are strong in the northern hemisphere winter season and when Sri Lanka’s Western coast is sunny and calm […]