Category: Industry
Rohit Sharma fined for dissent in Sri Lanka match
BRISBANE, Australia, Feb 5, 2008 (AFP) – Indian batsman Rohit Sharma was fined for dissent after India’s one-day international cricket wash-out against Sri Lanka at the Gabba here Tuesday. Sharma was fined 10 percent of his match fee for standing his ground after being given out by South African umpire Rudi Koertzen, caught behind off […]
‘s Coke unit in cricket talent search
Feb 6, 2008 (LBO) – Sri Lanka’s Coca Cola unit has teamed up with former cricket star Aravinda de Silva to launch ˜Cricket pathway’, a project to search for cricketing talent in rural areas in the country. “Coca Cola wants to see youngsters blossoming from school champions to world champions with guidance and support from […]
Sri Lanka power costs to rise 30-pct to plug Rs42bn hole
Feb 06, 2008 (LBO) – Sri Lanka’s power ministry is backing a proposal by the state-run Ceylon Electricity Board (CEB) to raise tariffs by around 30 percent to avoid a projected loss of more than 42 billion rupees in 2008. “The suggestion is something like 25 percent and there will be a fuel adjustment rate,” […]
Super Brand
Feb 06, 2008 (LBO) – Sri Lanka’s Chartered Institute of Management Accountants (CIMA) has been awarded Superbrand status which will serve as a benchmark for other business-to-business services to reach for, branding officials said. “It is an indication that the brand has achieved a unique status in the country,” said Sharmila Cassim director marketing of […]
Hotel Loss
Feb 06, 2008 (LBO) – Sri Lanka’s John Keells Hotels suffered a loss of 91 million rupees in the December quarter compared with a profit of 79 million rupees in the same period of last year. The John Keells Hotels PLC share traded flat at 6.75 rupees Wednesday. Revenue for the quarter rose 20 percent […]
Trade Finance
Feb 06, 2008 (LBO) – Sri Lanka’s NDB Bank says it has linked up with US-based TradeCard Inc to provide import and export financing services that will cut transaction costs, especially in the apparel sector. “Partnering with TradeCard enables us to electronically deliver more trade financing options to our customers in Sri Lanka, NDB Bank […]
Overlooked
Feb 05, 2008 (LBO) – None of the world’s major petroleum companies has bid for the offshore exploration blocks offered by the Sri Lankan government in the Mannar Basin, despite initial interest, officials said. “We knew from the beginning that the opportunity in Sri Lanka in relative terms was small – considering that globally they […]
India 267 against Sri Lanka with Gambhir century
BRISBANE, Australia, Feb 5, 2008 (AFP) – A magnificent Gautam Gambhir century and an unbeaten 88 from captain Mahendra Singh Dhoni led India’s recovery in their one-day international against Sri Lanka here on Tuesday.India finished their 50 overs on 267 for four at the Gabba after slumping to 83-4, losing three wickets for just three […]
Outward Bound
Feb 05, 2008 (LBO) – The International Organisation for Migration (IOM) and Sri Lanka’s Department of Census and Statistics (DCS) have opened a National Centre for Migration Statistics in Colombo. . “As a country with high outward migration, Sri Lanka needs reliable statistics on migration patterns and flows to formulate effective migration policies,” said IOM […]
Sri Lanka to take leaf from Indian cricket book
Australia, Feb 4, 2008 (AFP) – Sri Lanka captain Mahela Jayawardene said his team were looking to copy India and take the attack to Australia on their own turf during the triangular one-day cricket series. Sri Lanka play their first game in the tournament when they take on India at the Gabba here Tuesday, weather […]
Sobering Thoughts
Feb 03, 2008 (LBO) – Sri Lanka’s independent English weeklies have slammed decades of mismanagement as a war-ravaged island wracked by inflation and corruption prepares to mark 60 years of freedom from British rule on February 04.“What we are now confronted with is a nation in peril, at the mercy of foreign aid donors dictating […]
Sri Lanka wants security after egg attack on Murali
SYDNEY, Feb 3, 2008 (AFP) – Sri Lanka Sunday said it has asked Cricket Australia for beefed up security in the aftermath of an egg attack on its touring cricketers and officials in Hobart, Tasmania. Sri Lankan team manager Shriyan Samararatne confirmed the incident happened on Thursday night and said an egg thrown from a […]