Twenty20 cricket opens new international era

NEW DELHI, Sept 2, 2007 (AFP) – International cricket enters a new era of short, sharp entertainment from September 11 when the inaugural Twenty20 World Championship takes place in South Africa. Innovative strokeplay and a flurry of sixes and boundaries is the name of the 20-overs-a-side game designed for those looking for excitement, but don’t […]

‘s Susanthika aims for Olympics

OSAKA, Japan, Sept 1, 2007 (AFP) – America’s Allyson Felix named Beijing Olympics gold as her number one priority after scorching to a morale-boosting win in the world 200 metres final. The defending champion became the first woman to run under 22 seconds in eight years, smashing her personal best with 21.81 seconds as she […]

Uncapped Sri Lanka spinner to replace Muralitharan

Sept 1, 2007 (AFP) – Sri Lankan cricket selectors Saturday picked uncapped off spinner Dilruwan Perera to replace the injured Muttiah Muralitharan in the ICC World Twenty-20 championships in South Africa. “It is with regret we inform our cricket fans that Muttiah Muralitharan has been compelled to pull out of the Twenty-20 World Cup squad […]

Electronic Trade

September 01, 2007 (LBO) – Millennium IT, one of Sri Lanka’s key software developers, has secured the contract to automate the centuries old tea auction system, an official said.Sri Lanka, which is better known for its high quality aromatic tea known by the country’s previous name Ceylon, is made with tender leafs and buds of […]

Top Job

September 01, 2007 (LBO) – The newly set up Bharti Airtel Sri Lanka unit had hired a top Unilever official to head its operation in the island, Lanka Business Online learns. The rest is shared between Mobitel, a unit of fixed operator Sri Lanka Telecom; Tigo, a unit of Millicom International Cellular and Hutch, a […]

Ploughing On

September 01, 2007 (LBO) – Fitch Ratings Lanka has confirmed the AAA (lka) rating of HSBC’s Sri Lanka branch with a ‘stable’ outlook, the rating agency said. HSBCSL is the largest foreign bank in Sri Lanka in term of assets and operates 14 branches in Sri Lanka, primarily in the Colombo district. HSBC Sri Lanka […]

Portable Money

Sept 1, 2007 (LBO) – Sri Lanka’s Sampath Bank’s has started an electronic cash transfer method lets account holders transfer cash to all mobile brands or CDMA phone, officials said. “This facility will let customers send money to any person with a mobile phone or a CDMA phone without changing SIM cards. All you need […]

Gas Formula

August 31, 2007 (LBO) – Sri Lanka’s liquid petroleum gas (LPG) prices are to be adjusted every two months on a price formula agreed with the island’s consumer authority, Shell Gas Lanka said. Economic analysts say frequent changes in LP gas prices, which are only used in a third of the households in the country, […]

” for injury

Aug 31, 2007 (AFP) – Sri Lanka’s star spin bowler Muttiah Muralitharan believes he will need just rest not surgery for his nagging shoulder injury, his manager said Friday.“He needs rest for about four weeks and physiotherapy,” manager Kushil Gunasekera told AFP. The off-spinner will return to Colombo as scheduled on Sunday from his English […]

Sri Lanka wins 200m bronze at Osaka

August 31, 2007 (LBO) – Sri Lanka’s Susanthika Jayasinghe won the bronze medal for the women’s 200 meter event at the international athletics championships in Osaka Friday. Jayasinghe was disqualified for the 100 meter event due a false start. Allyson Felix won gold with a time of 21.81 seconds and Jamaica’s Veronica Campbell won silver […]

Techy Production

August 31, 2007 (LBO) – MAS Intimates, a division of Sri Lanka’s MAS Holdings specializing in lingerie, has won a top award by the enterprise resources software maker SAP for the deployment and use of its technology, the group said.Operating 28 manufacturing facilities worldwide, MAS offer design services through studios in the UK and Hong […]

Sri Lanka Hilton says multiple revenue streams cushions tourism hit

August 30, 2007 (LBO) – Sri Lanka’s Hilton Hotel is less affected than resort hotels by the drop in tourist numbers since it has multiple revenue streams, officials said. The hotel, which is owned by a Colombo listed company with state-ownership, is operated by the Hilton Hotels Corporation chain that has over 2,800 hotels in […]

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