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There was never any question in Sri Lanka captain’s mind that Lasith Malinga would bowl the Super Over For all the thousands of hours Ross Taylor has spent in practice fine tuning his batting and improving his catching and throwing, it was an errant right foot that helped him effect a run out, force a ...
Big-hitting Charles and Gayle, stingy spells from Narine, Badree and Gayle, and spectacular fielding take West Indies home Johnson Charles and Chris Gayle fired the imagination of the Pallekele crowd with an attractive display of power hitting as the West Indies got the better of England in yet another high-scoring match at the ground. ...
Eisenhower Foundation South Asia Conference 2012 kicks off in Colombo By Cassandra Mascarenhas Bringing together Eisenhower Fellows from across the world for networking and deliberations in Colombo, the Eisenhower Fellowships, Philadelphia and conference organising teams from Bangladesh, India, Pakistan and Sri Lanka hosted the three-day Eisenhower Foundation South Asia Conference 2012 which kicke...
PALLEKELE, Sri Lanka, (Reuters): West Indies have not tasted much international success in the last decade but captain Darren Sammy believes he has succeeded in creating the kind of dressing room atmosphere that can help them end the title drought in Sri Lanka. The erstwhile giants of the game, who won the first two 50-over ...
Media Factory, Sri Lankaandrsquo;s leading Media and Communication agency held its annual Media Factory Cricket Challenge Trophy for the 3rdandnbsp;consecutive year on 8 September 2012 at Malay Grounds, Colombo 2.
Industrial Production in Sri Lanka increased 0.20 percent in June of 2012. Historically, from 2004 until 2012, Sri Lanka Industrial Production averaged 7.17 Percent reaching an all time high of 35.20 Percent in July of 2010 and a record low of -0.70 Percent in April of 2010. Industrial production measures changes in output for the industrial sector of the economy which includes manufacturing, mini...
Diesel and Motor Engineering PLC (DIMO) recently organized the Second Tata Nano Mileage Challenge Rally for Tata Nano owners in Colombo.
AIA Group Limited (andldquo;AIAandrdquo; or the andldquo;Groupandrdquo;) has agreed to acquire a 92.3% stake in Sri Lankan insurer, Aviva NDB Insurance, through Aviva NDB Holdings Lanka (Pvt.) Limited from British insurer Aviva and Sri Lankaandrsquo;s National Development Bank (andldquo;NDBandrdquo;).
With the paradigm shift in the mindset of consumers towards sustainability and well-being of the environment Sri Lankan hotels must become more sustainable in order to stay competitive, reiterated Switch Asia Programme Green Sri Lanka Project Director and former Serendib Leisure Director/CEO, Srilal Miththapala.
Honda Motor Co. Ltd is confident of capturing 50% of the motor cycle market in Sri Lanka from the current 25%, banking on the growing Sri Lankan economy.
A andnbsp;fusion of glamour and festivities awaits guests at the annual gala dinner organized by the Sri Lanka India Society to celebrate Indiaandrsquo;s Independence Day. The celebratory dinner will be held on Friday, 28 September, 2012 commencing at 6.45 p.m. at Taj Samudra Hotel, Colombo.
Asian insurance giant- andnbsp;AIA Group Limited announced yesterday (27) that it has acquired a 92.3% stake in Aviva NDB Insurance, in what according to the group is the largest-ever transactions in Sri Lankaandrsquo;s insurance industry.
The Sri Lankan rupee strengthened yesterday as banks sold dollars on stock related inflows, dealers said.
The Asian Development Bank (ADB) is lending $130 million to help Sri Lanka expand the reach and quality of its electricity supply, with a focus on former conflict areas in the north and east of the country. It will also improve transmission and distribution network efficiency and develop renewable energy in other parts of the country.
The Asian Development Bank (ADB) is lending $ 130 million to help Sri Lanka expand the reach and quality of its electricity supply, with a focus on former conflict areas in the north and east of the country. It will also improve transmission and distribution network efficiency and develop renewable energy in other parts of ...
By Cheranka Mendis Sri Lanka, which did not qualify to make it to the Future Brands Country Brand Index 2011-2012 due to the lack of awareness and familiarity among the global community about the country, has made a surprise appearance in the 2013 Country Brand Index at number 67. This was revealed by Future Brands ...
Confirming that sound investment strategies could pay off handsomely NDB Group yesterday announced it will receive $ 59 million (around Rs. 7.7 billion at current exchange rate) from its deal with AIA. “The net receipts of US$ 59 m, arising out of these transactions, give an opportunity for the NDB Group to further strengthen the ...
In biggest-ever industry deal, Asian insurance giant AIA enters Sri Lanka with $ 109 m investment to buy 92.3% stake in Aviva NDB Insurance Says timing is perfect as post-war rebounding Sri Lanka offers high growth opportunity; AIA’s first acquisition in two years after rigorous assessment Enters into 20-year bancassurance deal with NDB Marking the ...
The International Monetary Fund delegation headed by Dr. John Nelmes met Economic Development Minister Basil Rajapaksa, Senior Adviser to the President and Minister on Wednesday. Koshy Mathai, International Monetary fund (IMF) Resident Representative for Sri Lanka, Volodymyr Tulin and Jiri Jonas also participated in this discussion – Pic by Chaminda Hittatiya
By Cheranka Mendis With the surge of tourism taking place in the country, particularly in the hotel sector, the industry must now focus on sustainable energy consumption not only for the environmental impact but also for reduced operational cost. Pursuing the ambitious target set by the Government of 2.5 million by 2015, some 90 new ...
The Sri Lanka Vehicle Importers Association completed a week-long tour to Myanmar and returned this week after setting up formal arrangements to open up a business venture with Myanmar. President Sampath Merenchige told the Daily FT that the tour was a success. During the visit they met Ministers of Industries, Commerce and Railway, and Chamber ...
A fusion of glamour and festivities awaits guests at the annual gala dinner organised by the Sri Lanka India Society to celebrate India’s Independence Day. The celebratory dinner will be held today from 6. 45p.m. at Taj Samudra. The Chief Guest at the dinner will be High Commissioner of India to Sri Lanka Ashok K. ...
Spain and Belgium are extending Euro 25 million worth of loans to Sri Lanka to build water supply schemes and reconstruct railway bridges, an official said yesterday. The two proposals were approved by the Cabinet on Wednesday, Cabinet Spokesman and Media Minister Keheliya Rambukwella told reporters. Bank of Spain has agreed to loan the Government ...
The Government of Japan has donated Rs. 180 million (120 Japanese Yen) worth of canned fish through the United Nation World Food Program to the Government of Sri Lanka. 232 Mt. of canned fish will be distributed to the schools in the Northern Province as a part of the on-going School Meal Program under the ...
The Ambassador for the Republic of Iraq Kahtan Taha Khalaf called on EDB Chairman Janaka Ratnayake, last Friday to discuss arrangements regarding Sri Lanka’s participation at the 39th Baghdad International Trade Fair scheduled to be held from 1 to 10 November. Iraq is currently dependent on Turkey and Syria for 50% of its imports and ...
Sri Lankan team ‘WhiteHat’, having survived stiff competition from regional giants from the Asia Pacific region, entered the Global CyberLympics world finals to be held in Miami, Florida in October. The Global CyberLympics is a not-for-profit initiative of the EC-Council Foundation supported by the Geneva-based International Telecommunications Union (ITU). Its goal is to raise awarenes...
‘SLT Intelligent Solutions’ connects the T20 to the world Sri Lanka Telecom, the nation’s number one integrated communications service provider and the leading backbone infrastructure services provider, is proud to empower the ICC World Twenty20 Championship 2012 through ‘SLT Intelligent Solutions’, providing dedicated internet through Ethernet connectivi...
Amana Bank, Sri Lanka’s premier commercial bank to operate in complete harmony with the principles of Islamic banking, is offering competitive rates to purchase Saudi Riyal this Haj season. The bank is also offering a handy bag especially designed to be used during the pilgrimage for pilgrims who buy over 2,000 Saudi Riyals. Speaking on ...
Nations Trust Bank (NTB) added an important milestone with the opening of their second branch in the busy bazaars of Pettah offering 365 day banking with extended banking hours. With the expansion in Pettah Nations Trust Bank reiterates its commitment to service this time-honoured business district in Colombo with its’ bustling shops, boutiques, open marke...
Sri Lankan insurance sector heavy weight Janashakthi Insurance continued to prove its excellence in the international business landscape by sweeping four prestigious awards at the 2nd Asian Leadership Awards 2012 concluded in Dubai recently (25th September 2012). Being one of the largest listed insurance companies in Sri Lanka, Janashakthi gained honor and recognition at the ...