Category: Industry
Stronger Unit
Mar 25, 2008 (LBO) – Sri Lanka is wrapping up plans to merge six state-run regional development banks and a draft bill to give legal effect to the merger would be ready by June this year, a finance ministry official said. Ruhunu, Rajarata, Sabaragamuwa, Kandurata, Uva and Wayamba development banks are now run as autonomous […]
Emirates starts airborne mobile phones
Mar 24, 2008 (LBO) – Emirates airline has commercially launched an in-flight mobile telephone service costing 27 million dollars, partnering with the communications firm AeroMobile, the carrier said. “The first authorised mobile phone call made from a commercial flight was made today at 30,000ft enroute to Casablanca, onboard an Emirates Airbus A340-300 aircraft,” the airline […]
Tele Deal
March 24, 2007 (LBO) – Nippon Telegraph and Telephone, Japan’s largest phone company, is tipped to sell off its flagship investment in Sri Lanka as early as this week, to the owner of Malaysia’s biggest mobile operator. “Supreme Court has allowed the sale to proceed, and we expect the Malaysian investor to wrap up the […]
Pending Deal
March 24, 2008 (LBO) – Sri Lanka Telecom, the island’s dominant fixed access operator has not been informed of a date for the sale of a stake held by major shareholder NTT Communications of Japan, a top official said. SLT’s new chairperson Leisha De Silva Chandrasena, who represents the interests of the government of Sri […]
Vaas, Jayawardene star as Sri Lanka declares at 476
PROVIDENCE, Guyana, March 23, 2008 (AFP) – Sri Lanka collected the prized scalp of Chris Gayle to strengthen their hold on the opening Test against West Indies on Sunday after their captain Mahela Jayawardene posted his 22nd Test hundred. Left-arm fast-medium bowler Chaminda Vaas inflicted an early blow to the West Indies’ batting, when he […]
Sri Lanka asks for new Pakistan schedule to stay in Twenty20 game
March 24, 2008 (AFP) – Sri Lanka have asked Pakistan to re-schedule a proposed one-day international series in order to allow their players to take part in the Indian Premier League (IPL), a top official said here Monday. Chief executive of Sri Lanka Cricket (SLC) Duleep Mendis said the team would tour Pakistan only if […]
‘s Warnapura plays down maiden Test hundred
PROVIDENCE, Guyana, March 23, 2008 (AFP) – Malinda Warnapura feels he has a long way to go before anyone can put his name in the same bracket with Sanath Jayasuriya. The left-hander was speaking after he collected his maiden Test hundred against West Indies on the opening day of the opening Test at the Guyana […]
Sri Lanka tour of Pakistan hit by Twenty20 tournament
March 23, 2008 (AFP) – Sri Lanka’s proposed series of one-day internationals against Pakistan next month is in jeopardy due to a clash of dates with the cash-rich Indian Premier League. Sri Lanka had offered to play in the short series following a pull-out by Australia from a full tour of Pakistan in March-April due […]
‘s Warnapura powers team before lunch
PROVIDENCE, Guyana, March 22, 2008 (AFP) – Malinda Warnapura transported his rich vein of form into the opening Test against West Indies to race to a half-century before lunch and help Sri Lanka make a bright start.At the interval, Sri Lanka reached 85 without loss in their first innings with Warnapura unbeaten on 53 and […]
Sri Lanka starts whale watching
March 22, 2008 (LBO) – Sri Lanka is launching whale and dolphin watching tours in the island’s Western and Southern waters in an effort to exploit a growing trend in eco-tourism, officials said. The joint venture between Walkers Tours, a unit of John Keells Holdings, and state-rn Ceylon Fishery Harbours Corporation (CFHC) is part of […]
Sri Lanka eyeing successful start to Caribbean tour
PROVIDENCE, Guyana, March 21, 2008 (AFP) – Sri Lanka begin their quest to create history in the Caribbean on Saturday, when the first Test in their series of two against West Indies opens at the Guyana National Stadium.On their two previous trips to the Caribbean, the Sri Lankans have walked away empty-handed – losing 1-0 […]
Warning Signs
March 21, 2008 (LBO) – Sri Lanka’s shipping community is getting increasingly concerned over delays in upgrading Colombo port equipment, building a new birth and the opening of another entrance for navigation. Further delays could endanger Colombo’s status as south Asia’s transshipment hub especially with India expanding its own ports and building new ones to […]