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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
- Import levy on several food commodities upped (Category: Breaking News)
- ‘Kusa Paba’ breaks income records (Category: Breaking News)
- Rs. 1,020 m profit by LECO (Category: Breaking News)
- State institutions owe Rs. 4,770 million to CPC (Category: Breaking News)
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 ...
- Acquisition bill only for 37 assets-President (Category: Breaking News)
- 'Sri Lanka' to replace 'Ceylon' in the names of public enterprises (Category: Breaking News)
- Bill would not discourage foreign investments – Sirisena (Category: Business)
- Listen to the people (Category: Business)
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.
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 ...
- Surrendering airwaves & liberty to nepotism (Category: Breaking News)
- Watch “20-20” On CSN (Category: Breaking News)
- Rajapaksas Wrestle For Olympic Rights Muscling Out Rupavahini (Category: Breaking News)
- Carlton to exclusively show SL vs Pakistan Cricket (Category: Business)
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
- Take a holistic approach (Category: Business)
- SLPL franchises fetch average of $4.3 million (Category: Sports)
- SLC owes money to school cricket association (Category: Breaking News)
- Treasury approved Rs.50 million for cricketers (Category: Breaking News)
By Paneetha Ameresekere Hambantota Port costs may escalate by another US$ 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 ...
- H’tota Port – An Additional Rs.15.9 Billion Fiasco (Category: Breaking News)
- A Multi Billion Rupee Blunder a.k.a The Rajapaksas (Category: Breaking News)
- Perverted Patriotism (Category: Breaking News)
- SLPA sets record straight on Magampura Mahinda Rajapaksa Port (Category: Business)
By Gavin Van Hoff (islandcricket.lk/blogs/gavin) It has been a hectic month so far and from the looks of things, it’s going to be a long December for our friends over at Sri Lanka Cricket (SLC). We’re only half way into the final month of 2010, 65 days from the ICC Cricket World Cup
- Expect changes to the interim committee after World Cup (Category: Breaking News)
- Low turn out for ODIs, Cricket Australia’s fault (Category: Breaking News)
- Sri Lanka - West Indies ODIs shifted to Colombo (Category: Breaking News)
- Chief selector Mendis seeking team manager position (Category: Breaking News)
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