Category: Industry
Sri Lanka on top as Jayawardene emulates Bradman
July 24, 2008 (AFP) – Mahela Jayawardene equalled former Australian legend Don Bradman’s record of nine centuries at one venue to put Sri Lanka in a commanding position in the opening Test against India here on Thursday. Skipper Jayawardene cracked a stylish 136 to help his side post 422-4 in the first innings at stumps […]
Sri Lanka approves Indian power cable link
July 24, 2008 (LBO) – Sri Lanka’s cabinet of ministers has approved a proposal to link Southern India and Sri Lanka through a submarine power cable, a senior minister said.The high voltage direct current link cable was proposed by Power Grid Corporation of India to link Dhanushkodi with Talaimannar in north western Sri Lanka. The […]
Sri Lanka A&E unit in new deal with apparel industry
July 24, 2008 (LBO) – American & Efird Lanka (Pvt) Ltd. has secured a deal to be the preferred sewing thread supplier to Sri Lanka’s apparel industry for the third year running, a company statement said. A&E (Lanka) commands a large share of the Sri Lankan market for sewing thread. The company has signed a […]
Rail Loan
July 23, 2008 (LBO) – Sri Lanka has inked a deal with India’s Export-Import Bank of India to borrow 100 million US dollars to upgrade a coastal rail track and buy rolling stock, the island’s finance ministry said. A credit agreement for 100 million US dollars was signed between finance ministry secretary P B Jayasundera […]
”s attack at bay
July 23, 2008 (AFP) – Sri Lankan opener Malinda Warnapura defied India’s attack with an unbeaten half-century on the opening day of the rain-hit first Test here on Wednesday. India captain Anil Kumble also pressed Sourav Ganguly and off-spinner Harbhajan Singh into the attack in a bid to get one more wicket, but Warnapura and […]
Sri Lanka capital to get direct link to Dhaka with Best Air
July 23, 2008 (LBO) – Best Air, a private Bangladeshi carrier, will start direct flights from Dhaka to the Sri Lankan capital Colombo catering to growing traffic between the two countries, an official said. Best Air chairman Haider Uzzaman said they plan to start with two flights a week to Colombo and Male on Fridays […]
Dashboard View
July 23, 2008 (LBO) – Sri Lankan firms can gain more benefits by choosing software that is flexible to match the size and growth of a company and can be easily customized, a software vendor has said.Zillione Systems which launched Sage AccPac 5.5 for local customers this month, says the ERP (enterprise resource planning) accounting […]
‘s Dravid
July 21, 2008 (AFP) – Former captain Rahul Dravid says India need to be at their best to beat Sri Lanka in home conditions in a three-Test series starting here on Wednesday.“They have got the right balance in these conditions.They are always a big threat at home. Muttiah Muralitharan is a big impact and Chaminda […]
Mama Mia – Torres takes on fifth Olympics at 41
LOS ANGELES, July 22, 2008 (AFP) – In a sport littered with precocious prodigies, 41-year-old swimming mum Dara Torres shatters the mould. Torres was a talented teen herself when she won her first Olympic swimming gold in Los Angeles in 1984. Now she’ll tackle her fifth Games campaign in Beijing alongside teammates and rivals young […]
Sri Lanka banking on pride in India series, says captain
July 22, 2008 (AFP) – Skipper Mahela Jayawardene says Sri Lanka are keen to maintain their impressive home record when they take on India in a three-Test series, which starts here on Wednesday.The hosts have won home series against South Africa, England and the West Indies in the past four years and in the same […]
Sri Lanka-India trade deal proponents emphasise benefits
July 22, 2008 (LBO) – Sri Lankan proponents of a new trade and investment treaty with India say the island should go ahead with the deal as it gives access to a fast-growing economy with a huge market. Mano Selvanathan, president of the Indo-Lanka Chamber of Commerce and Industry, says safeguards built into the proposed […]
Sri Lankan Airlines to reduce flights to cut costs
July 22, 2008 (LBO) – Sri Lankan Airlines plans to reduce flights to cut costs amid soaring fuel prices but said the new schedule would not affect key passenger segments like tourists and migrant workers. The state-owned airline said in a statement it will go ahead with re-fleeting plans by replacing four old aircraft with […]