Category: Industry
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 […]
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 […]
Sun Rise
April 07, 2008 (LBO) – Sri Lanka’s ABC Radio network is hoping to get back on air shortly after authorities re-issued some of its licenses and frequencies, a top official said. The network ran five radio channels which were shut down by the government over a report it broadcast about Tamil Tiger activity in the […]
Samaraweera century put Sri Lanka back in game
PORT OF SPAIN, Trinidad, April 5, 2008 (AFP) – Thilan Samaraweera hit his sixth Test hundred and shared a century seventh-wicket stand with Chaminda Vaas to lead a Sri Lanka recovery in the second and final Test against West Indies here on Saturday. Samaraweera hit the top score of 125, as Sri Lanka, trailing by […]
Remote Diagnosis
April 06, 2008 (LBO) – Sri Lanka is setting up an internet kiosk network in agrarian areas to help farmers identify crop diseases and find quicker remedies government officials said. “Farmers can go to a cyber unit with a disease affected leaf and show it to an officer there who will in turn take a […]
Leisure Style
April 06, 2008 (LBO) – Sri Lanka’s famed architect, Geoffrey Bawa has inspired a new trend of boutique type hotels in Sri Lanka that are attracting high-end tourists, that is now spreading its wings abroad. . A leisure architectural style that is now sweeping across India and Indonesia had its origins nearly half a century […]
Battling Windies close in on Sri Lanka total
PORT OF SPAIN, Trinidad, April 4, 2008 (AFP) – West Indies, replying to Sri Lanka’s first innings total of 278, reached 268 for seven when bad light stopped play on the second day of the second Test on Friday. Sri Lanka’s bowlers exploited the lively Queen’s Park Oval pitch and heavy conditions to keep scoring […]
Mixed emotions for Sri Lanka captain after day two
PORT OF SPAIN, Trinidad, April 5, 2008 (AFP) – Sri Lanka captain Mahela Jayawardene had mixed feelings about the way his side performed on the second day of the second and final Test against West Indies on Friday at Queen’s Park Oval. Sri Lanka captured six wickets in the final session to get back into […]
Special Licence
April 05, 2008 (LBO) – The Merchant Bank of Sri Lanka (MBSL), a unit of state-run Bank of Ceylon , said it plans to get a banking license and expand its activities. . The bank will seek a licence from the regulator to operate as a ‘licensed specialised bank’, MBSL’s new chairman Janaka Ratnayake said […]
Oil Deal
April 04, 2008 (LBO) –Sri Lanka is seeking to renew its long-term crude oil supply contract with Iran and wrap up financing to expand its refinery during a visit this week by senior government officials to Teheran. Treasury Secretary P B Jayasundera and Ashantha de Mel, chairman of the state-oil refiner Ceylon Petroleum Corporation, are […]