Category: Industry
War Risk
Dec 07, 2009 (LBO) – Sri Lanka is sending a team of shipping and navy officials for talks with London underwriters to get the island off the war risk insurance rating list, shipping officials said. The team would seek a fresh risk evaluation following the end of the ethnic war and removal of the island […]
Cargo Screening
Dec 07, 2009 (LBO) – A US decision to extend the deadline for scanning all containers entering the country will afford relief to Sri Lankan exporters who had been concerned it would cause delays and raise costs.A new report by the US Government Accountability Office (GAO) said the Customs and Border Protection has made relatively […]
India on top of the world after mauling Sri Lanka
MUMBAI, December 6, 2009 (AFP) – India became the number one Test team on Sunday after routing Sri Lanka by an innings and 24 runs in the third and final cricket Test in Mumbai to clinch the series 2-0.Pace spearhead Zaheer Khan took 5-72 as Sri Lanka, trailing by 333 runs on the first innings, […]
Sri Lanka, India captains clash on umpire reviews
MUMBAI, December 6, 2009 (AFP) – Sri Lankan captain Kumar Sangakkara on Sunday called for the umpires’ review system to be made mandatory after India defeated his side 2-0 in the Test series.But his Indian counterpart Mahendra Singh Dhoni was not in favour of the umpires’ review system, saying it was not “100 percent fool-proof.” […]
Sri Lanka power utility sells assets to military
Dec 06, 2009 (LBO) – A housing facility built by contractors for a hydro electric dam project will be sold by the state-run Ceylon Electricity Board (CEB) to the military, the government has said.The cabinet of ministers had given the nod for the housing complex built for Swedish expatriates who worked at the Kukule river […]
UN View
GENEVA, December 4, 2009 (AFP) – The UN refugee agency said on Friday that it was encouraged by “increased freedom of movement” for war-displaced civilians in Sri Lanka who have been in internment camps in the north of the island. “We are encouraged by the Sri Lankan government’s long-awaited decision this week to allow increased […]
‘s century frustrates India in final Test
MUMBAI, December 5, 2009 (AFP) – Sri Lanka’s captain Kumar Sangakkara scored an unbeaten century to delay India’s victory bid in the third and final Test here on Saturday. The tourists, trailing by 333 on the first innings, survived a middle-order collapse in the post-lunch session to move to 274-6 in their second knock by […]
Sri Lanka Insurance Corp declares bonus to policyholders
Dec 05, 2009 (LBO) – Sri Lanka Insurance Corporation (SLIC) has declared a three billion rupee interim bonus to life policy holders, with another bonus likely to come before the end of the 2009 financial year, a senior official said. Insurance companies pay bonuses to life insurance policy holders if the life insurance fund makes […]
Broad Spur
Dec 05, 2009 (LBO) – Faster, cheaper broadband access, the scaling up of pilot e-projects and skills development should be top priorities for Sri Lanka’s ICT sector, says a new World Bank study. The World Bank launched its Information and Communications for Development 2009: Extending Reach and Increasing Impact report in Colombo on Friday. Improving […]
India on top despite Sehwag heartbreak
MUMBAI, December 4, 2009 (AFP) – Ruthless India left Sri Lanka fighting for survival in the final Test here on Friday after Virender Sehwag missed a world record third triple-century by seven runs.Sehwag’s 293, a robust 100 not out from skipper Mahendra Singh Dhoni and a string of half-centuries by the middle order fired the […]
Digital Divide
Dec 04, 2009 (LBO) – Sri Lanka will have to lobby to retain funding for its e-Sri Lanka initiative, as the World Bank draws up a lending program for Sri Lanka for the next three years, an official said. The World Bank currently supports the e-Sri Lanka project an initiative to improve access and use […]
‘s 284 not out floors Sri Lanka
MUMBAI, December 3, 2009 (AFP) – Virender Sehwag smashed a scintillating unbeaten double century as India turned the tables on Sri Lanka in the third and final cricket Test on Thursday.Sehwag made 284 not out to lift the hosts to 443-1 by stumps on the second day at the Brabourne stadium in reply to Sri […]