Category: Industry
Transport Trouble
Apr 06, 2011 (LBO) – Sri Lanka’s supply chain losses are the highest in the region with a poor road network and congestion resulting in transport delays and higher costs, an expert said. Kumarage, a former chairman of the national transport commission, said better transport policies and implementation were required apart from building better roads […]
Half Share
Apr 05, 2011 (LBO) – Sri Lanka’s Laugfs Gas will get 50 percent of the liquefied petroleum gas (LPG) produced by state-run Ceylon Petroleum Corporation, up from an earlier 30 percent on a presidential directive, the company said. The directive followed an April 04 meeting with the President attended by Treasury Secretary P B Jayasundera, […]
Sri Lanka captain Sangakkara quits
April 5, 2011 (AFP) – Sri Lanka’s cricket captain Kumar Sangakkara said on Tuesday he was resigning from the job three days after his team lost to India in the World Cup final. Sangakkara said he told the national selectors that he would quit as one-day and Twenty20 captain with immediate effect, but offered to […]
‘s Muralitharan faces new test for British visa
April 5, 2011 (AFP) – Sri Lanka’s legendary spinner Muttiah Muralitharan is struggling to qualify to play English county cricket this year — because he is scared of computers and examinations. A recent change in Britain’s work visa rules means the world record holder must prove his English language skills at an examination to secure […]
‘s Textured Jersey says raised $15.8mn
Apr 05, 2011 (LBO) – Textured Jersey Lanka, a Hong Kong-Sri Lanka joint venture textile firm said it raised 1.74 billion rupees (15.8 million US dollars) through a private placement of shares ahead of a public offer. The joint venture partners, Hong Kong listed Pacific Textile Holdings and Sri Lanka’s Brandix, a private firm, said […]
Sri Lanka spin beats Murali
Apr 04, 2011 (LBO) – Ace spinner Muttiah Muralitharan may have retired with Sri Lanka’s latest World Cup defeat, but a local television star showed much promise as an even better “spinner” when the dejected national team returned Sunday. In high-flown Sinhala, the young television presenter anchoring the coverage of the team’s return, said Sri […]
Sri Lanka domestic airline operators to get own terminal
Apr 04, 2011 (LBO) – Sri Lanka plans to have a separate terminal for domestic airline operators at its international airport in Katunayake, north of Colombo, an airports official said. Johanne Jayaratne, executive director of Airports and Aviation Services (Sri Lanka), a state agency which operates airports, said a building previously used for catering services […]
SLIM Chief
Apr 04, 2011 (LBO) – Sri Lanka Institute of Marketing said Thushara Perera, head of marketing at TV Derana, a television channel, had become the president of the body. He was vice president of SLIM last year. Perera began his career in the advertising industry at Thompson Associates Pvt Ltd, an agency and joined Swarnawahini, […]
Logistics Leader
Apr 04, 2011 (LBO) – Sri Lanka’s Hayleys group has appointed Ruwan Waidyaratne as managing director of Hayleys Advantis, a subsidiary encompassing group companies in transportation and cargo logistics. The transportation division of Hayleys consists of more than 22 specialist companies. Waidyaratne succeeded M O Raban, who retired from the position on April 01 and […]
India deserved to win, says Sangakkara
MUMBAI, April 2, 2011 (AFP) – Sri Lanka captain Kumar Sangakkara said his team were disappointed at missing out on a second World Cup title but proud to go down to a team that deserved victory more. “I am very proud of everyone in the team, especially Mahela (Jayawardene) who rose up to the occasion […]
India win launches billion-person party
MUMBAI, April 2, 2011 (AFP) – A billion Indians launched the world’s biggest party Saturday, as their adored national team lifted the cricket World Cup, triggering celebrations and firework displays across the country. From the megacities of Mumbai, Kolkata and New Delhi to India’s rural heartland, where entire villages had gathered around television sets to […]
Sri Lanka press slams selectors for defeat
April 3, 2011 (AFP) – Sri Lanka’s defeated cricket team returned home Sunday to calls from the state-run media demanding a probe into “blunders right from the start”. “Who picked the final XI of the Sri Lanka team for the World Cup final against India?” the Sunday Observer asked. It questioned the dropping of spinner […]