Category: Industry
Root holds firm after Broad bolsters England total
LONDON, June 13, 2014 (AFP) – Joe Root passed 150 after Stuart Broad’s quickfire 47 helped take England to 473 for eight against Sri Lanka at lunch on the second day of the first Test at Lord’s on Friday.But the all-rounder’s run-a-ball 19 came to an end when he lobbed a gentle catch off Eranga […]
‘s Aitken Spence buys hotel in India
June 11, 2014 (LBO) – Sri Lanka based Aitken Spence group said it had bought a new 143-room ‘five star’ graded hotel in Chennai, India for 25 million US dollars.The acquisition was made through Aitken Spence Hotel Managements (South India) Private Limited, the company said in a stock exchange filing. The Indian arm was 49 […]
Cricket: New-look England seek home comfort against Sri Lanka
LONDON, June 11, 2014 (AFP) – England will look to put the memory of their 5-0 Ashes drubbing in Australia behind them and prove there is Test life beyond Kevin Pietersen when they face Sri Lanka in the first of a two-match series at Lord’s on Thursday. What the run-out row also did was obscure […]
Emirates cancels order for 70 Airbus planes
PARIS, June 11, 2014 (AFP) – Emirates airline announced on Wednesday that it had cancelled an order for 70 long-haul A350 planes from European manufacturer Airbus.The decision was taken following “on-going discussions with the airline in light of their fleet requirement review”, Airbus said on Wednesday. Airbus added that it was still very confident in […]
Awarded
June 11, 2014 (LBO) – MindShare Sri Lanka, a GroupM agency, said it had won silver at GoaFest2014 for an advertisement of Sunlight, a product of Unilever. The advertising festival is organized Advertising Agencies Association of India (AAAI) and The Advertising Club. Mindshare Sri Lanka, had won Silver in the ˜Best Integrated Campaign for the […]
‘s Thirimanne upbeat after Northants draw
NORTHAMPTON, June 8, 2014 (AFP) – Sri Lanka’s Lahiru Thirimanne was in positive mood ahead of Thursday’s first Test against England after the tourists’ warm-up match against Northamptonshire ended in a draw.Although Sri Lanka have won individual Tests in England, they’ve never won a series of more than one match. But Thirimanne said he believed […]
Sri Lanka MAS Holdings mulls stores in India; East Asia entry: report
June 09, 2014 (LBO) – Sri Lanka’s MAS group, a lingerie producer, is mulling an own-store chain in India and expansion into East Asia, a media report said. Press Trust of India, a news agency quoted MAS Holdings Director Ajay Amalean as saying that the group wanted to open up to 20 retail stores over […]
Sri Lanka keeper ready for England backlash
NORTHAMPTON, June 7, 2014 (AFP) – Sri Lanka wicketkeeper Prasanna Jayawardene said he expected England to “come hard” during this month’s two-Test series.The tourists took a five-match one-day series 3-2 with a six-wicket win at Edgbaston on Tuesday — a result overshadowed by the controversy surrounding the run out backing up or ‘Mankading’ of England’s […]
Escape
Two Sri Lankans held captive by Somali pirates for nearly for years had escaped a British mediator working to free the hostages had said, but four of their colleagues had died during the ordeal.The two men and a woman had been travelling in a convoy guarded by armed police, were seized by gunmen in ambush […]
Ton-up Silva and Thirimanne star for Sri Lanka
NORTHAMPTON, June 5, 2014 (AFP) – Kaushal Silva and Lahiru Thirimanne both scored hundreds as Sri Lanka compiled 358 for three on the opening day of their tour match against Northamptonshire.The compact Silva pulled Coetzer for four to complete a 123-ball fifty while left-hander Thirimanne square-cut spinner Spriegel to the boundary to reach the landmark […]
Loan Demand
June 6, 2014 (LBO) – Sri Lanka’s DFCC says it has seen a sharp rise in credit demand with new approvals rising to 34.6 billion rupees from 23.4 billion rupees a year earlier, though draw downs are just picking up.DFCC Bank group which has assets of 177 billion rupees said amid a rise of all […]
Sri Lanka includes natural gas in power planning studies
June 5, 2014 (LBO) – Sri Lanka’s state-run power utility has included natural gas in power generation planning studies for the first time, with prospects of gas being found in the country.In one study scenario where no coal plants after the current ones being planned for Trincomallee, the Ceylon Electricity Board’s long term generation plan […]