Ticket sales for England’s two games at Cardiff this summer have hit a new peak in the aftermath of the World Cup final, with the stadium’s ticket office reporting a high level of demand.
The Ashes winners face both World Cup finalists in Cardiff, with the year’s first npower Test against Sri Lanka starting on May [...]
April 7, 2011 7:54 AM | Posted in
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Veteran cricket journalist and author Trevor Chesterfield, a New Zealander by birth has passed away.
“He passed away this morning (Wednesday) at home in Moratuwa, near Colombo”, announced the International Cricket Council, issuing a media release.
Chesterfield has been a useful player in his youth and later a first-class umpire.
ICC says he was a great traveler and [...]
April 6, 2011 6:05 PM | Posted in
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Sri Lanka’s Bank of Ceylon has raised US$ 175 million via a syndicated loan to finance its short term funding requirements and also for trade finance related needs.
The loan which was raised in the international market has been arranged by Mashreqbank PSC of Dubai.
Fifteen banks, predominantly coming from Gulf Corporation Council and Asia have subscribed [...]
April 6, 2011 5:25 PM | Posted in
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Fuel and food prices will be high in most countries and “we will have to live with this,” Asian Development Bank economist Narhari Rao said here on Wednesday.
Addressing the media in Colombo ahead of the release of Asian Development Outlook 2011, he said that the solution did not lie in subsidies.
“Don’t try to subsidise. In [...]
April 6, 2011 4:25 PM | Posted in
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Sri Lanka saw its 3 month and the 06 month Treasury bill rates edging up by one basis point each from last weeks yield at the weekly Treasury bill auction held today.
Accordingly, the 03 month yield reached to 6.99% while the 06 month rate edged up to 7.09%.
The 01 year rate stood as same as [...]
April 6, 2011 1:43 PM | Posted in
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HSBC together with British Council has launched a program to help young entrepreneurs in the country.
Accordingly, the two institutions have launched the “HSBC Youth Enterprise Awards 2011” to recognize young entrepreneurs and to support them to start and grow their business.
The contest which is open to Sri Lankan postgraduates, undergraduates and students who are in [...]
April 6, 2011 1:24 PM | Posted in
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Sri Lanka yesterday commenced an Island wide population and housing census thus marking the first such island wide census after a lapse of 30 years.
The last time such an Island wide census was carried out was, in the year 1981.
Department of Census and Statistics says, they had to exclude certain areas of the North and [...]
April 6, 2011 10:19 AM | Posted in
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Sri Lanka’s tile maker Royal Ceramics Lanka PLC has acquired a Paint and Allied product manufacturing company for a sum of Rs. 125 million
The Company announced that it has acquired the “Ever paint and Chemical Industries (Pvt) Ltd” which is operating under the brand name “Colorbrite”.
The deal gone through effective from 1st April.
Royal Ceramics which [...]
April 5, 2011 5:29 PM | Posted in
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It is been reported that Sri Lankan Cricket Captain Kumar Sangakkara has decided to resign from the captaincy of the team.
Sangakkara’s disclosure came in an exclusive interview with Headlines Today Executive Editor Rahul Kanwal.
Sangakkara has told Headlines Today that he has already met the Lankan board officials and communicated his decision.
Media Manager of Sri Lanka [...]
April 5, 2011 3:55 PM | Posted in
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SriLankan Airlines is planning to expand its newly launched Air Taxi service to all corners of the country thus giving both the local and international travelers the chance to view the Island from the air and also to reach destinations quickly.
The national carrier launched its Air Taxi service during November 2010 and is already flying [...]
April 5, 2011 3:22 PM | Posted in
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