Port Project

Feb 10, 2011 (LBO) – Infrastructure work on a new container port next to Sri Lanka’s existing Colombo harbour that will expand capacity has neared the halfway mark and is on schedule, officials said. Deputy ports minister Rohitha Abeygunawardene said the construction of the breakwater and dredging of the harbour basin will be completed by […]

Muralitharan signs for Gloucester T20 bid

LONDON, February 9, 2011 (AFP) – Sri Lankan cricket legend Muttiah Muralitharan will play for Gloucestershire’s Twenty20 side after agreeing a two-year deal with the English county, it was announced Wednesday. “Whenever I have watched and observed Murali he has always had and shown an infectious love for the game of cricket. This is something […]

Sri Lanka World Cup warm-ups shifted

February 10, 2011 (AFP) – Heavy monsoon rains have forced the International Cricket Council to move World Cup warm-up matches from Sri Lanka’s Pallekele stadium, tournament organisers said Thursday. Sri Lanka has been hit by monsoon downpours since December hampering preparation of the pitches at the newly-built Pallekele venue in the island’s central district. Pallekele […]

AirAsia says no fuel surcharge before oil hits $100

KUALA LUMPUR, February 9, 2011 (AFP) – Southeast Asia’s largest budget carrier AirAsia said Wednesday it has no immediate plans to impose fuel surcharges despite sharply higher oil prices. AirAsia chief executive officer Tony Fernandes told AFP that the carrier will only consider imposing a ticket surcharge if the New York crude futures contract hits […]

Top Up

Feb 09, 2011 (LBO) – Sri Lanka’s unit of UAE-based Etisalat said it has tied up with a payphone operator allowing prepaid customers to top up their balances or ‘re-load’ through call boxes. Etisalat is trying up with Tritel, which has a network of 1,600 call boxes around Sri Lanka. “We launched this with Tritel […]

Joint Stock

LONDON, February 9, 2011 (AFP) – The London and Toronto stock exchanges announced a landmark merger on Wednesday to create a one of the world’s biggest trading platforms that will dominate raw materials and energy. “London Stock Exchange Group plc and TMX Group Inc. today announced an agreement to combine Europe’s and Canada’s leading diversified […]

Appointment

Feb 09, 2011 (LBO) – Sri Lanka’s Seylan Bank has appointed Tilan Wijeyesekera an industry veteran with experience in financial services and consumer goods, to head its marketing and business development. Wijeyesekera has been at Lanka Milk Foods as general manager – marketing, head of marketing at Janashakthi Insurance, marketing business development manager at Elephant […]

Road Bill

Feb 09, 2011 (LBO) – Sri Lanka will need 55.6 billion rupees (500 million US dollars) to make emergency repairs and fully re-build roads damaged in record floods last month, an official said. The damaged roads were mostly in the Uva, Eastern, North Central and North Western provinces of the island. Pemasiri said road rebuilt […]

Box Moves

Feb 09, 2011 (LBO) – Container volumes at Sri Lanka Ports Authority (SLPA) terminals in Colombo port hit a new monthly record of 205,539, up 24 percent from a year ago, a statement said. Colombo port handled four million containers in 2010. The volumes exceeded the previous monthly high of 201,212 TEUs (Twenty-foot Equivalent Units) […]

‘s Murali to help Aussie spinners – report

SYDNEY, February 8, 2011 (AFP) – Legendary Sri Lankan bowler Muttiah Muralitharan is to take a guest coaching role at Australia’s top cricket academy in a bid to revamp the nation’s spin hopes, reports said Tuesday. Muralitharan, the world’s leading wicket-taker in both Tests and one-dayers, would spend several weeks at Cricket Australia’s Centre of […]

Five Saudis charged after drunken forced landing in Sri Lanka

February 7, 2011 (AFP) – Five Saudi Arabian nationals appeared in court in Colombo on Monday after their allegedly drunken misbehaviour on board a flight from Dubai to Indonesia forced the plane to land in Sri Lanka. The men became unruly during the journey, shouting abuse at passengers and refusing to obey orders from cabin […]

Sri Lankan Airlines signs wage deal with aircraft technicians

Feb 08, 2011 (LBO) – SriLankan Airlines has signed a new three-year wage agreement with the union representing aircraft technicians, as it expands its fleets and seeks more aircraft maintenance business, a statement said. Talks are also going on with the Flight Attendants Union and the Association of Licensed Aircraft Engineers (ALAE), the other employee […]

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