Category: Industry
Bank Trends
Aug 04, 2008 (LBO) – Fitch Ratings has confirmed the ‘AAA(lka)’ national long-term rating of HSBC Sri Lanka with a stable outlook. The ratings agency said in a statement that the bad loans of the bank, the island’s largest foreign bank, had increased but that its asset quality was high by Sri Lankan standards. Fitch […]
Risky Waters
Aug 04, 2008 (LBO) – Heavy swells caused by monsoon weather are creating delays at Colombo port, officials at shipping lines calling at the Sri Lankan harbour said. The bad weather sometimes forces vessels to delay entering the port as well as leave after discharging and loading cargo, they said. “At the moment productivity has […]
Sri Lanka rattled by Indian pacemen
GALLE, August 3, 2008 (AFP) – Indian pacemen Ishant Sharma and Zaheer Khan shared three early wickets to boost India’s chances of winning the second Test against Sri Lanka here on Sunday. India earlier failed to cope with Sri Lankan spinners Muttiah Muralitharan and Ajantha Mendis as they were bowled out for 269 after resuming […]
Veteran Olympians still at the top
PARIS, Aug 03, 2008 (AFP) – Time and tide wait for no man, or do they? Beijing-bound athletes Jeannie Longo, Haile Satayin, Hiroshi Hoketsu, Dara Torres, James Tomkins and Susan Nattrass have shown getting older does not rule out Olympic participation at the highest level. French cyclist Longo, Ethiopian-born Israeli Satayin, who runs in the […]
Sri Lanka lose to India
GALLE, August 3, 2008 (AFP) – Skipper Anil Kumble on Sunday lauded opener Virender Sehwag and teenage paceman Ishant Sharma for playing key roles in India’s series-levelling victory against Sri Lanka here.India, who lost the opening match of the three-Test series by an innings and 239 runs in Colombo, came back strongly to win the […]
Erotic Fee
Aug 03, 2008 (LBO) – Sri Lanka has ordered internet firms to filter pornographic content, but adults could buy unrestricted access for special fee with password protection, a media report said.The Sunday Island newspaper quoting a Telecommunications Regulatory Commission of Sri Lanka (TRCSL) statement said President Mahinda Rajapaksa has ordered filtering sexually explicit content to […]
Sri Lanka Test evenly poised
GALLE, August 2, 2008 (AFP) – Harbhajan Singh bagged six wickets to help India gain a 37-run lead on the third day of the evenly poised second Test against Sri Lanka here on Saturday.The off-spinner finished with 6-102 as the hosts were all out for 292 in their first innings on the stroke of lunch […]
Sri Lanka bounce back in India Test with late strikes
GALLE, August 2, 2008 (AFP) – Sri Lanka grabbed three big wickets in the closing session to throw the second Test against India wide open on the third day here on Saturday. India were strongly placed at 144-1 before slipping to 200-4 in their second innings at stumps, with Muttiah Muralitharan, Ajantha Mendis and Chaminda […]
Sri Lanka hit back after Sehwag misses rare feat
GALLE, July 31, 2008 (AFP) – Ajantha Mendis and Chaminda Vaas led Sri Lanka’s fight back after Indian opener Virender Sehwag missed out on a rare feat of scoring a century before lunch in the second Test here on Thursday.Sehwag was unbeaten on 91 at the lunch-break before hammering a robust 128 not out for […]
Sri Lanka second Test sees Sehwag, Mendis sharing limelight
GALLE, August 1, 2008 (AFP) – Virender Sehwag completed a brilliant double-century to help India post 329 in the first innings on the second day of the second Test against Sri Lanka here on Friday. The explosive opener carried his bat through the innings to remain unbeaten on 201, becoming in the process only the […]
Sri Lanka steady with Warnapura, Sangakkara
GALLE, August 1, 2008 (AFP) – Kumar Sangakkara and Malinda Warnapura hit impressive half-centuries to help Sri Lanka reach 126-1 in the first innings at tea in reply to India’s 329 in the second Test here on Friday.Warnapura was unbeaten on 60 and Sangakkara on 59 not out at the break to steady the innings […]
Sri Lanka jolted by Harbhajan spin
GALLE, August 1, 2008 (AFP) – Harbhajan Singh bagged four quick wickets in a magnificent spell to put Sri Lanka under pressure in the second Test against India here on Friday.The off-spinner (4-71) removed well-set Kumar Sangakkara and Malinda Warnapura in successive overs before Sri Lanka struggled to reach 215-5 in their first innings at […]