Category: Industry
Daft Draft
July 24, 2009 (LBO) – Sri Lanka’s draft national transport policy came in for strong criticism at a public forum by experts who said it ignored important modes of private transport and private sector investment. Rohan Samarajiva, head of LirneAsia, a regional think tank, said the policy was also silent on opportunities in rebuilding transport […]
Pakistan eye face-saving win in final Test
July 23, 2009 (AFP) – Pakistan remained on course to win the third and final cricket Test against Sri Lanka after denting the home team’s chase of a world record target on Thursday.Sri Lanka, set an improbable 492 to sweep the series 3-0 after they had won the first two Tests, were 183-3 in their […]
Skills Gap
July 23, 2009 (LBO) – Sri Lanka faces a shortage of skilled people in the logistics industry with traditional preferences for other occupations deterring youth from making the sector a career choice, an official said. “There’s a serious shortage of skilled people in the logistics industry,” said Rohan Masakorala, director of the Academy of International […]
Pakistan run into trouble in final Test
July 22, 2009 (AFP) – Pakistan lost three quick wickets to fritter away the advantage on the third morning of the third and final cricket Test against Sri Lanka here on Wednesday. The tourists took their second innings from an overnight 16-1 to 86-4 by lunch at the Sinhalese sports club, an overall lead of […]
‘s ton gives Pakistan control of final Test
July 22, 2009 (AFP) – Former captain Shoaib Malik hit an unbeaten 106 on Wednesday to put Pakistan on course for a face-saving victory in the third and final Test against Sri Lanka here.Pakistan, who lost the first two Tests to hand Sri Lanka a decisive lead in the series, finally flexed their batting muscle […]
Sri Lanka invites bids for coal
July 22, 2009 (LBO) – Sri Lanka has invited bids to supply 2.4 million metric tomes of coal for the country’s first coal power plant built by state-run Ceylon Electricity Board, which is scheduled to be commissioned next year.Lanka Coal Company (Private) Ltd, a specially incorporated company for coal procurement, said in a advertisement in […]
Sri Lanka tries solar power to pump water in remote villages
July 22, 2009 (LBO) – Use of solar power to pump water in remote Sri Lankan villages in a trial project designed by British engineers helps save fuel costs and could be replicated in other rural communities elsewhere, experts said.The project is now specifically used to rapidly re-settle people displaced by the conflict in the […]
Target Date
July 22, 2009 (LBO) – Millicom International Cellular, the parent of Sri Lanka’s Tigo celco, would complete the sale of its Asian operations by the first quarter of 2010, chief executive Mikael Grahne has said.“The disposal of our Asian assets is in progress and expression of interest have been received from a number of parties […]
Northern Links
July 22, 2009 (LBO) – Sri Lanka has drawn up plans to rebuild shattered road networks in the north and east costing over 750 million dollars for which it is seeking foreign funding, a senior government official said.The projects include highways linking the northern Jaffna peninsula with the south, two circular roads around the peninsula […]
Sri Lanka falter after bowling Pakistan for 299
July 21, 2009 (AFP) – Sri Lanka lost three quick wickets after they dismissed Pakistan for 299 on the second morning of the third and final cricket Test here on Tuesday.Malinda Warnapura was bowled first ball by Umar Gul and Tharanga Paranavitana was removed in similar fashion by Pakistan captain Younus Khan to make Sri […]
Sri Lanka air force launches commercial flights
July 21, 2009 (LBO) – Sri Lanka’s air force has started domestic commercial flights using aircraft freed from regular transport missions to support government troops with the end of the war against Tamil Tigers.Regular commercial flights to Jaffna began after the Tigers cut off the land route to the peninsula and are still in demand […]
Lube Fortunes
July 20, 2009 (LBO) – Sri Lanka’s Chevron unit said net profit for the June 2009 quarter shot up 45 percent to 400 million rupees from a year ago mainly because of higher margins. Chevron Lubricants Lanka said in a stock exchange filing that sales for the three months rose two percent to 2.1 billion […]