Category: Industry
Sri Lanka activated carbon maker eyes Asian face mask market
Feb 28, 2008 (LBO) – Sri Lankan coconut-shell-based activated carbon maker Haycarb says it plans to sell face masks in overseas markets in Asia with dense populations and growing air pollution problems. Haycarb managing director Ananda Hettiarachchy said the masks, developed for use by Sri Lankan urban and rural consumers, had become “quite popular” and […]
Sri Lanka air travellers to get online benefits
Feb 28, 2008 (LBO) – Sri Lankan travellers reserving tickets through Emirates’ newly commissioned online booking portal, can win free win tickets until the end of March, the company said. Emirates contest website The promotion which is valid till end of March, requires travellers to book their seats on-line on Emirates operated flights. “We have […]
Education Reform
Feb 28, 2008 (LBO) — Sri Lanka will teach arts and commerce subjects for pre-university students in English from this year, a senior government minister said. Sri Lanka’s cabinet of ministers had approved a proposal by education minister Susil Premajayantha to start English medium instruction at 50 schools this year, information minister Anura Yapa said. […]
Mobile Payments
Feb 28, (LBO) – Sri Lanka’s state-run Bank of Ceylon has tied up with an Indian mobile commerce firm to start a text message based electronic payment system that could overtake credit card transactions, officials said. Bank of Ceylon’s new service allows its six million customers to use pay shops that join the system at […]
Credit Call
Feb 28, 2008 (LBO) – Ten Sri Lankan state banks have joined a government public information service with the aim of giving the public better access to finance, officials said. Central Bank governor Nivard Cabraal said Thursday the service is meant to improve the efficiency of government service and make it easier for people to […]
Hill Roads
Feb 28, 2008 (LBO) – Access routes and the road network in Sri Lanka’s central hill city of Kandy will get a billion rupee spruce-up ahead of a regional meeting of heads of state scheduled for next year, a senior minister said. The government was planning to rehabilitate the main access road from Colombo, and […]
Smooth Premium
Feb 27, 2008 (LBO) – Chevron Lubricants Lanka said net profit for the year to December 2007 increased 34 percent to top a billion rupees, with premium brands bringing in better margins. Chevron Lubricants Lanka, formerly known as Caltex, once had a monopoly of the local market but its dominance has been challenged by new […]
Dhoni says Sharma was provoked by Symonds
HOBART, Australia, Feb 26, 2008 (AFP) – Indian captain Mahendra Singh Dhoni on Tuesday accused Australia’s Andrew Symonds of provoking young paceman Ishant Sharma in their tri-series clash at the SCG.However, Dhoni conceded that wasn’t necessarily the case, saying: “Cricket can never be friendly. There will always be aggression on the field but as long […]
Net TV
Feb 27, 2008 (LBO) – Sri Lanka Telecom, the island’s dominant fixed line operator, Wednesday announced it had set up a subsidiary to provide internet television programmes with a planned investment of 100 million rupees. The fully-owned subsidiary called SLT Visioncom would provide internet-based television services to its broadband customers, the company said in a […]
Wary Steps
Feb 27, 2008 (LBO) – The sub-prime loan default crisis in the United States has underlined the value of traditional risk management practices, but countries like Sri Lanka may be at the receiving end, a top banker said. International markets had suddenly turned cautious, with lenders distrusting balance sheets. “It is not a question of […]
Sri Lanka crushed by India
HOBART, Feb 26, 2008 (AFP) – India claimed a spot in the tri-series finals with a crushing seven-wicket win over Sri Lanka in their one-day match here on Tuesday.A spectacular middle-order collapse saw Sri Lanka make just 179 from 47.1 overs and India had few problems reaching the target in 32.2 overs, scoring 180 for […]
‘s Muralitharan may be overtaken by Steyn
DHAKA, Feb 26, 2008 (AFP) – South African paceman Dale Steyn was fast closing in on number one Test bowler Muttiah Muralitharan after an impressive performance in the opening Test against Bangladesh here.Steyn picked up 38 valuable ratings points in the first Test, which his team won by five wickets on Monday, and is now […]