Category: Industry
Sri Lanka tourism gets World Bank support
June 30, 2008 (LBO) – The World Bank has agreed to provide funds to the Sri Lankan government for a tourism initiative among small entrepreneurs and rural communities, the Ministry of Tourism said in a statement. The assurance of support came after talks by Tourism Minister Milinda Moragoda with Wold Bank officials in Washington DC, […]
Shipping Risk
June 30, 2008 (LBO) – The Sri Lankan government is considering establishing a fund based on a levy charged from merchant vessels to handle emergencies caused by oil spills, a senior official said. Marine Pollution Prevention Authority (MPPA) chairman Ranjit Kularatne said the potential for oil spills caused by ship accidents is very high given […]
Sri Lankan spin star targets one-day record
KARACHI, June 29, 2008 (AFP) – Sri Lanka’s spin wizard Muttiah Muralitharan said his immediate target at international level is to overhaul Pakistani bowler Wasim Akram’s world record of one-day wickets.“I want to take 30-odd wickets to get to Wasim’s world record in one-day cricket and try out for 1,000 wickets in Tests,” Muralitharan said […]
Sri Lanka 302-7 with Sangakkara century
KARACHI, June 29, 2008 (AFP) – Kumar Sangakkara hit a steady century to help Sri Lanka post a challenging 302-7 against Pakistan in a Super League match in the Asia Cup at the National Stadium here on Sunday.The swashbuckling left-hander scored a 110-ball 112 to lift his team after they were sent into bat by […]
Looking Good
June 29, 2008 (LBO) – More people are mastering hair dressing and beauty culture because of increasing opportunities both in Sri Lanka and overseas, practitioners and students say. In the past people didn™t consider it as a serious profession because of the low demand and the inability to get qualified. Now however, hair and beauty […]
‘s national carrier slaps fuel surcharge
June 28, 2008 (AFP) – Sri Lanka’s national carrier, Sri Lankan Airlines, will re-introduce a fuel surcharge to cover rising jet fuel costs, the airline said Saturday. “Sri Lankan Airlines has re-introduced the fuel surcharge for travel and ticketing effective July 1,” the airline said. It said flights between Sri Lanka and Southeast Asian countries […]
‘s Mendis career-best bowling helps down UAE
LAHORE, June 26, 2008 (AFP) – Unorthodox spinner Ajantha Mendis took a career-best 5-22 to help Sri Lanka overcome a fighting United Arab Emirates by 142 runs in the final Group A match played at the Gaddafi Stadium here on Thursday. Mendis triggered a collapse in the UAE batting ranks as the qualifiers lost eight […]
Sri Lanka Cricket pays off debts with TV rights proceeds
June 27, 2008 (LBO) – Sri Lanka Cricket, the island’s richest sporting body, said it has paid off its debts with proceeds from the sale of television rights for the forthcoming tour in the island by India. The board lost 11 million dollars when South Africa pulled out of a triangular one-day series in 2006, […]
‘s Sangakkara, Muralitharan win Castrol awards
June 27, 2008 (LBO) – Sri Lankan cricketers Kumar Sangakkara and Muttiah Muralitharan won the Castrol Asian Batsman and Bowler award in test cricket at a function held in Karachi Friday. India’s Sourav Ganguly became the first recipient of the Castrol Asian Cricketer of the Year Award, a company statement said. “Ganguly has had a […]
Writing Prize
June 26, 2008 (LBO) – Journalists who write on issues related to institutions of a free society, free markets and sound science have until June 30, to submit their work and win 15,000 US dollars in prize money, a top think thank has said.The International Policy Network’s (IPN) Bastiat Prize for journalism is inspired by […]
Sri Lanka says economic sanctions no help in fighting terror
June 26, 2008 (LBO) – Economic pressure on Sri Lanka by the international community at a time when the Tamil Tigers are targeting the economy is not helping in the struggle against terror, a senior diplomat has said. Foreign Affairs Ministry secretary Palitha Kohona said the Tamil Tigers, consistent with the strategy of other terrorist […]
Fuel Row
June 26, 2008 (LBO) – Indian Oil Corporation’s Sri Lanka unit has decided to drop its diesel retail price to match that of the dominant state-owned refiner after threats by government to take over its outlets. The fuel retailers sell diesel at a subsidised price and try to cover the losses through profits on petrol […]