Category: Industry
” mix in minutes
Oct 22, 2007 (LBO) – A two tonne ‘kottu roti’ pancake mix prepared by Hilton Hotel in the Sri Lankan capital Colombo was devoured in just an hour by hundreds of guests at its anniversary party Sunday. Colombo Hilton’s ‘Kottu Party’ got more than double the expected crowd forcing chefs to go into emergency mode […]
Sri Lanka captain says Murali record bid not a distraction
Oct 21, 2007 (AFP) – Sri Lanka skipper Mahela Jayawardene said on Sunday that winning the Test series in Australia mattered more than ace spinner Muttiah Muralitharan going for the world record. Off-spinner Muralitharan needs just nine more wickets in next month’s two Tests in Australia to break the retired leg-spinner Shane Warne’s world mark […]
‘s Atapattu determined to shine
Oct 21, 2007 (AFP) – Sri Lanka’s former captain Marvan Atapattu said Sunday he was determined to prove himself on the upcoming Australian tour after being dramatically picked through political intervention.“I have been out of the game for sometime and I know I have to perform and prove myself because I was invited due to […]
Getting Connected
Oct 20, 2007 (LBO) –The number of Sri Lankans buying mobile phones is still increasing rapidly, opening new avenues for equipment sellers and cellular operators who expand coverage and add services, industry officials say. Nokia and Siemens, two leading telecom equipment providers who merged in March this year, are hoping to cash in on the […]
Big Bank
Oct 20, 2007 (LBO) – Fitch Ratings Lanka has affirmed the National Long-term rating and Individual Rating of Bank of Ceylon (BOC) at ‘AA(lka)’ and ‘D/E’ respectively. It said in a statement the affirmation reflected “the bank’s systemic importance as the largest bank in Sri Lanka with 18.2% of the banking system assets, its relatively […]
Sri Lanka spring Atapattu surprise
Oct 18, 2007 (AFP) – Sri Lanka’s selectors on Thursday named former captain Marvan Atapattu as a surprise late inclusion for the upcoming trip to Australia, nearly two years after his last Test match.The 36-year-old veteran, who has the support of Sri Lanka’s sports minister, was added almost two weeks after the initial 16-man squad […]
‘s Angelo Matthews wins 2006 Prince of Wales cricket trophy
Oct 19, 2007 (LBO) – Sri Lankan schoolboy cricketer Angelo Matthews, named the island’s best player in the 2006 under 19’s world cup, has won the 2006 Prince of Wales trophy, British High Commissioner, Dominick Chilcott announced Friday. Matthews of St Joseph’s College, Colombo, has been a regular member of the Sri Lanka under 19’s […]
Strauss axed for England tour to Sri Lanka
LONDON, Oct 19, 2007 (AFP) – England opener Andrew Strauss has been dropped for his country’s forthcoming Test tour of Sri Lanka.England squad for Test series in Sri Lanka: Michael Vaughan (Yorkshire, capt), James Anderson (Lancashire), Ian Bell (Warwickshire), Ravi Bopara (Essex), Stuart Broad (Nottinghamshire), Paul Collingwood (Durham), Alastair Cook (Essex), Matthew Hoggard (Yorkshire), Philip […]
Offshore Business
Oct 18, 2007 (LBO) – Two of Sri Lanka’s top listed conglomerates, John Keells Holdings and Hayleys are positioning themselves to exploit business opportunities expected to emerge from an anticipated oil strike offshore. The aim of sending the business delegation to Norway was to widen the scope for business collaborations in new sectors with high […]
‘s Ceylon Glass says exports surging
Oct 18, 2007 (LBO) – Ceylon Glass Company Thursday announced net profit for the quarter ended September 30 rose 29 percent to 44.6 million rupees and that exports were doing well. The company’s interim results released to the Colombo bourse showed revenue for the quarter increased to 504 million rupees from 421 million in the […]
Migrant Votes
Oct 18, 2007 (LBO) – Sri Lankan migrant workers who account for as much as 12 percent of voters are still denied the right to vote although they constitute the island’s second biggest foreign exchange earner. Commissioner of elections Dayananda Dissanayake told LBO migrant workers remain without the ability to vote because successive governments remained […]
New Products
Oct 17, 2007 (LBO) – Software and IT educational institute OpenArc released products for business and management sectors of companies in Sri Lanka, following its 15 year anniversary celebrations. ‘Open Arc SkyBank’, is an enhanced web-based solution to enhance efficiency of merchant banks and finance companies which use online real time Integrated General Ledgers, OpenArc […]