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Sri Lanka’s cricketing fortunes seem to be changing of late. The team’s better performance has raised hopes among many fans, while the Sports Ministry’s decision to finally pay the cricketers through a Rs. 600 million loan from the Bank of Ceylon will raise moral still higher. The financial fallout that resulted from the co-hosting of ...
(Srilankamirror) - Sports minister Mahindananda Aluthgamage has ordered the Bank of Ceylon to settle the wages of members of the national cricket team, who have not been paid for over a year. After several rounds of discussions between minister Aluthgamage, the bank and the cricket board, the BoC has agreed to release Rs. 600 million rupees to pay the dues, said a statement. "Minister ...
Sri Lanka Cricket has obtained a Rs. 600 million loan from the Bank of Ceylon to pay pending salaries of its contracted cricketers. Accordingly, Minister of Sports Mahindananda Aluthgamage has instructed the SLC Officials to pay the pending salaries up to the month of February to its contracted
The Bank of Ceylon (BOC) has agreed to release Rs.600 million to settle the player payments of Sri Lanka Cricket while the pending salaries will be paid by February 28, the Sports Ministry stated.
The Sports Ministry says the salary issue of the Sri Lankan cricketers has now been resolved with the Bank of Ceylon agreeing to release Rs.600 million to meet the commitment. As a result of the discussion the Sports Minister Mahindananda Aluthgamage had with the Chairman and the Board officials of the Bank of Ceylon along ...
What does independence mean to Sri Lanka? After 64 years, one would think that the value of freedom would have waned, but that is not the case. Yet the direction of this independence and what it means to people is undergoing a change and therein lies the challenge for the decades ahead. It is true ...
Australia’s Prime Minister Julia Gillard hosted the touring Sri Lanka cricket team at her residence ahead of the team’s practice match against the Prime Ministers XI which takes place on February 3 at the Manuka Oval. Sri Lanka are in Australia for the Commonwealth Bank Tri Series
Transparency International Sri Lanka (TISL) under its outreach programme ‘Sambhashana’ discussed ‘COPE Exposure and Beyond’ at the OPA Auditorium recently. On the panel were Rajiva Wijesinha, Wijeyadasa Rajapakshe PC and Professor A.D.V. de S. Indraratna. The moderator was Lakshman Gunasekera. Below is the presentation by Professor Indraratna: This is not the first time tha...
Charith Senanayake new manager for Aussie tour COLOMBO (Reuters): Sri Lanka have sacked coach Geoff Marsh and appointed South African Graham Ford on a two-year contract, a Sri Lanka cricket official said on Thursday. “Ford has signed a two-year contract and his first assignment
COLOMBO (Reuters) - South African Graham Ford has been appointed as the new coach of Sri Lanka on a two-year contract, a Sri Lanka cricket official said on Thursday. "Ford has signed a two-year contract and his first assignment is to take the team to Australia for the Commonwealth Bank one-day
The ceremonial induction of Sujeewa Rajapakse as the 21st President of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) will be held today at 6 p.m. at the Oak Room of the Cinnamon Grand. Rajapakse will take over the mantle of CA Sri Lanka from Sujeewa Mudalige at the ceremony at which ...
Lasith Malinga, who had signed a short-term contract with the Highveld Lions, will not play in the Standard Bank Pro20 tournament, after a directive from the Sri Lanka cricket board, which had concerns over his fitness
In celebration of World AIDS Day, Standard Chartered in association with the Ceylon Chamber of Commerce and the National STD/AIDS control programme of the Ministry of Health will remind individuals about the importance of prevention in fighting the pandemic as well as the need to challenge the stigma associated with HIV/AIDS, at a special corporate ...
Srilankamirror - UPFA parliamentarian and former Chairman of Sri Lanka Cricket (SLC), Thilanga Sumathipala has come down hard on the members who have served in the recent SLC Interim Committees. Sumathipala has said that those who have served in recent interim committees have no moral
The President’s eldest son parliamentarian Namal Rajapaksa has decided to field Central Bank Governor Ajith Nivard Cabraal as the President and Nishantha Ranatunge as the Secretary of the Sri Lanka Cricket the board elections.
Colombo (Srilankamirror) - The cabinet has decided to grant a Rs. one billion loan to cash-strapped Sri Lanka Cricket, which has been unable to even pay employees’ salaries, reports said. Ministers who met on November 16 approved a paper presented in this regard by sports minister
MANY are the articles penned and opinions aired over Sri Lanka’s bid for the 2018 Commonwealth Games bid, but now the only question that needs to be answered is, where to from here? Central Bank Governor Ajith Nivard Cabraal told media that the cost for the promotion of Hambantota as the venue was US$ 8 ...
The Revival of Underperforming Enterprises and Underutilized Assets Bill that is to be presented to parliament soon has in it economic and political objectives that spell doom for Sri Lankan democracy as well as the economy. It would vest in the Sri Lankan government Hotel Developers (Lanka) PLC which owns the Colombo Hilton that has ...
Having made a name and mega bucks from the Colombo bourse, high net worth investor Nimal Perera has now sets sights on striking it big in the business of sports. Nimal has floated a sports industry-focused N Sports Pvt. Ltd., which incidentally is also his first self-owned venture. The inaugural deal of N Sports is ...
Following a Presidential directive, the Bank of Ceylon (BoC) has agreed to give Rs. 1.5 billion to Sri Lanka Cricket to pay the dues to the Chinese company that constructed the Sooriyawewa Cricket Stadium in Hambantota.
MCA T20 Tournament - Day 2 Results
By Tyrone Perera The MCA ‘Centenary Year’ 2011 Invitational 20+20 Super tournament got off to a start at the venues on Wednesday. Both Sri Lanka Cricket Development squads hogged the limelight when their U-20 team, led by Ramitha Rambukwella beat the fancied Sampath Bank team, 2011 MCA
Five new directors have been appointed to the Asian Alliance Insurance Board following the acquisition of control by Softlogic Holdings Group. The new appointees are Softlogic Holdings Chairman Ashok Pathirage, T.M. Iftikar Ahamed, Sujeewa Rajapakse, Ranil P. Pathirana and Suraj N. Fernando. Their appointment follows the resignation of Mano Nanayakkara, S.A. Abeysinghe, R. J. Wickramasinghe, ...
Sri Lanka Cricket invites sealed quotation/s for the above mentioned items with …
Holmes Pollard and Stott has appointed Subashini Loganathan as the Chief Operating Officer (COO). Subashini joined Holmes Pollard & Stott 15 years ago as a Coordinator. Her charisma, poise and intellect have been crucial factors in maintaining strong ties with clients. She has handled several high profile brands such as Western Union, Seylan Bank, Brown ...
By Ranjit Jayasundera Sensational evidence has come to light that demonstrates beyond a shadow of doubt that in Sri Lanka fortune favours not necessarily the bold but certainly the favoured. Carlton Sports Network (CSN) a company incorporated on 10th February 2011 has won the rights to broadcast the Australian Cricket tour of Sri Lanka next ...
A Sri Lanka Cricket official says the national sports body has debts of more than $15 million after it co-hosted the World Cup earlier this year and is now seeking a government grant to help ease the burden. Treasurer Sujeewa Rajapaksa says Monday the debts are mostly due to an outanding bank loan
By Dinouk Colombage World Cup Organising Committee Chief Suraj Dandeniya speaking to The Sunday Leader dismissed allegations that Sri Lanka Cricket (SLC) was facing bankruptcy. He insisted that once the International Cricket Council (ICC) gives SLC their hosting fees the debts will be repaid
By Paneetha Ameresekere Hambantota Port costs may escalate by another US$ 148 million (Rs. 15.9 billion), state run Sri Lanka Ports Authority Chairman Dr. Priyath Bandu Wickrama told The Sunday Leader in an email interview. Those additional costs are due to having to blast and remove the bedrock found in the harbour which would cost ...