Category: Industry
E-trade
April 10, 2008 (LBO) – Sri Lanka’s long-delayed effort to automate cargo clearance is making some progress with import manifests being filed electronically along with tea export documentation, trade officials said. A trial run involving Sri Lanka customs and the Sri Lanka Ports Authority (SLPA) has been completed with shipping lines now filing import manifests […]
Gainful Studies
April 10, 2008 (LBO) – The open and distance education model adopted by Sri Lanka’s IT services company, Virtusa, will help students gain employable skills while conducting higher studies, company officials say. The Virtusa Placement Engineer Scholarship program supports students’ work-study approach to obtain a degree in Information Technology. The program provides eligible students with […]
Trinco Trade
April 10, 2008 (LBO) – Economic activity in Sri Lanka’s eastern port city of Trincomalee is set to revive after a public market was re-built by the United States and Greek aid, the US Embassy in Colombo said. The refurbished Anuradhapura junction public market in Trincomalee was opened this month. The rebuilding of the public […]
Top Marks
April 10, 2008 (LBO) – Hongkong and Shanghai Banking Corporation (HSBC) has jumped two places to top the latest Forbes 2000 list of the world’s top public companies, the bank said Thursday. This is the first time a non-US company has led the rankings since its launch in 2004, it said in a statement. The […]
Sri Lanka blood youngsters in ODI series against Windies
PORT OF SPAIN, Trinidad, April 9, 2008 (AFP) – Sri Lanka will use the three-match one-day international series against West Indies which opens here on Thursday to kick-start their preparations for the 2011 World Cup.Sri Lanka have made sweeping changes to the squad which drew the preceding two-Test series 1-1 with their hosts, and seven […]
Sri Lanka exporters warned to cope, if GSP+ is lost
April 09, 2008 (LBO) – Sri Lanka is making every effort to extend European Union trade concessions but local producers should also find ways to increase exports without the tariff benefit known as GSP+, officials said. “To get tariff benefits we will do everything we can do, but we will not give away sovereignty,” Sri […]
Eureka First
April 09, 2008 (LBO) – Eureka Technology partners says it has become the first Sri Lankan firm to receive ISO 20000 certification.Eureka is an IT services firm providing information technology services to firms. The company says even India has only a handful of certified providers despite having a large number of IT service providers based […]
Islamic Credit
April 08, 2008 (LBO) – ABC Investments Limited has launched an Islamic credit card in Sri Lanka, in line with Islamic religious teachings and with strict rules on its usage, a company statement said. Updated The ‘ABC Barakah’ credit card does not carry interest or penalties for late payment which is considered forbidden under Islamic […]
Sri Lanka Confifi group says beach resorts done well
April 08, 2008 (LBO) – Sri Lanka’s Confifi Group says two of its three beach resorts on the west coast have done well in the last winter season despite the sharp down turn in arrivals to the island. . M T A Furkhan, Confifi Group chaiman, said the company has plans to refurbish its hotels […]
Victorious Windies deny Sri Lanka Test sweep
PORT OF SPAIN, Trinidad, April 6, 2008 (AFP) – Sri Lanka failed in their bid to win a Test series in the Caribbean for the first time when Ramnaresh Sarwan and Shivnarine Chanderpaul led the West Indies to a six-wicket victory in the second and final Test on Sunday. Sarwan hit 102, his 10th Test […]
Sri Lanka captain says batting meltdown hurt chances
PORT OF SPAIN, Trinidad, April 7, 2008 (AFP) – Sri Lanka captain Mahela Jayawardene has identified his side’s batting meltdown early in their second innings as the turning point in the second and final Test against West Indies which ended on Sunday.Ramnaresh Sarwan hit 102 and Shivnarine Chanderpaul was unbeaten on 86, as West Indies, […]
Indian Call
April 07, 2008 (LBO) – India’s Reliance group is getting into Sri Lanka’s telecom sector by forming a joint venture up with the island’s Electroteks group, a media report said. Reliance Communications (RCom) would take up a 74 percent stake in the proposed joint venture unit – Reliance Mobile Lanka – in which Electroteks owns […]