Category: Industry
Sri Lanka qualify as India face World Cup exit
PORT OF SPAIN, Trinidad, March 23, 2007 (AFP) – Sri Lanka stormed into the World Cup Super Eights after virtually knocking India out of the tournament with an emphatic 69-run win here on Friday.Veteran Sanath Jayasuriya (six), Jayawardene (seven) and Sangakkara (15) all fell cheaply before Silva and Dilshan succeeded in neutralising India’s early advantage […]
Moving Target
March 23, 2007 (LBO) – Singer Sri Lanka’s finance company arm has seen rapid growth in 2006 with the firm moving heavily into vehicle financing Fitch Ratings said, confirming its BBB (lka) rating with a stable outlook. “Singer Finance (SF) grew its loan book rapidly from 96.3 million rupees in 2005 to 454 million rupees […]
Beyond Accounting
March 23, 2007 (LBO) – Though larger businesses in Sri Lanka are engaging in sustainability reporting, smaller firms are still lagging behind, organizers of a competition said. The ACCA expect the number of competitors to increase in the coming years. The Association of Chartered Certified Accountants (ACCA) says the top 100 companies in Sri Lanka […]
Power Score
March 23, 2007 (LBO) – Sri Lanka’s power utility has got all its troublesome thermal generators on line a top official said, in a week that saw the highest energy generated in a single day as Sri Lankans watched their cricket team thrash Bangladesh. The flow is needed to keep sea water out of the […]
New Zealand overpower Canada with record score
GROS ISLET, St Lucia, March 22, 2007 (AFP) – Lou Vincent found his form after two noughts with a hundred as New Zealand made it three World Cup wins out of three in Group C with a 114-run success against Canada at the Beausejour Cricket Ground here Thursday.Vincent’s 101 was the centrepiece of New Zealand’s […]
Study Group
March 23, 2007 (LBO) – A four-member committee has been appointed to study the proposed sale of Sri Lanka Telecom shares held by Japan’s NTT to a Malaysian firm, a cabinet minister said. Sri Lanka Telecom closed up 50 cents at 38.50 Friday. “The committee will have to study it and report back to the […]
Pakistan cricket coach strangled: police
KINGSTON, March 22, 2007 (AFP) – Pakistan cricket coach Bob Woolmer was murdered, a police spokesman said here Thursday. “The Jamaican police are now in possession of the official postmortem report from the government pathologist, who conducted autopsy on the late Mr. Woolmer,” said Karl Angell, director of communications for Jamaican police. “The pathologist report […]
Bleached-blond Malinga having slinging time
PORT OF SPAIN, Trinidad, March 23, 2007 (AFP) – There’s more to Sri Lankan paceman Lasith Malinga than his low-slung round-arm action and bleached-blond hairstyle. What matters for his team is that he’s taking wickets and winning matches for them.The fast bowler with the deceptive action, unkempt hair and silver eyebrow ring played a big […]
Sri Lanka to field jumbo cricket delegation: report
March 23, 2007 (AFP) – Sri Lankan cricket authorities came under fire Friday for fielding a delegation of officials that is set to outnumber the national team at the sport’s World cup showcase in the Caribbean. Sri Lanka, one of the pre-tournament favourites, are virtually assured of their place in the next round. The state-run […]
Tough Year
March 22, 2007 (LBO) – State-owned National Savings Bank has seen a fall in profits in 2006 and slow deposit growth, through revenues climbed with rising interest rates, its latest results showed. At group level the bank had net assets of 13.1 billion (up 3.8 percent) and 12.9 billion as a stand alone entity, made […]
Ton-up Jayasuriya fires Sri Lanka to easy win
PORT OF SPAIN, Trinidad, March 21, 2007 (AFP) – Sanath Jayasuriya hammered a blistering century to set up Sri Lanka’s crushing 198-run win over Bangladesh in the World Cup here on Wednesday. The left-handed opener scored an 87-ball 109 for his 24th hundred as Sri Lanka posted a challenging 318-4 after being put in to […]
Outsiders Ireland into Super Eights; Pakistan captain makes tearful exit after final win
BRIDGETOWN, Barbados, March 21, 2007 (AFP) – In what is one of the biggest shocks in cricketing history, debutants Ireland were on Wednesday ensured a place in the World Cup Super Eights thanks to Pakistan’s thumping consolation win over Zimbabwe. Ireland previously tied with Zimbabwe and upset Pakistan in a three-wicket win, and will progress […]