We have a debt to pay to our fans, Sangakkara says

We have a debt to pay to our fans, Sangakkara says Below is an exclusive interview given by Sri...

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Sri Lanka can start making quick progress in the ‘sevens rugby’ – Phil Greening

Sri Lanka can start making quick progress in the ‘sevens rugby’ – Phil Greening Sri Lanka’s National Rugby Coach Phil Greening, the...

 

Archive for ‘November, 2011’

Gold Coast citizens react to the annoucement of Gold Coast victory

Gold Coast citizens react to the annoucement of Gold Coast victory

Gold Coast citizens reacts when the decision was announced that the city has won the bid to host the games.

Gold Coast bid team celebrates after winning the 2018 Commonwealth Games bid

Gold Coast bid team celebrates after winning the 2018 Commonwealth Games bid

Members of the Gold Coast bid team celebrate after winning the bid  to host the 2018 games by defeating Hambantota.

Laugfs Eco Sri to invest Rs. 150 Mln on tyre firm owned by the parent firm

Laugfs Eco Sri to invest Rs. 150 Mln on tyre firm owned by the parent firm

Laugfs Eco Sri (Private) Limited, has decided to invest Rs. 150 million on Laugfs Corporation (Rubber) Limited, a solid tyre manufacturer.
The investment would be made via subscribing to the Convertible Debentures of the tyre firm at an interest rate of 6% per annum.
Laugfs Corporate (Rubber) Limited is a BOI approved firm focused on exporting solid [...]

Gold Coast defeats Hambantota and grabs the 2018 Commonwealth Games

Gold Coast defeats Hambantota and grabs the 2018 Commonwealth Games

Australia’s Gold Coast won the rights to host the 2018 Commonwealth Games, as the CGF delegates voted in favor of the country ahead of Sri Lanka.
Australia got 43 votes against Sri Lanka’s 27 at the CGF vote held in St Kitts and Navies to choose the 2018 host city, yesterday.
Gold Coast will now become the [...]

“Expropriation Law could scare away long term investors to the country” warns a Stock Broker

“Expropriation Law could scare away long term investors to the country” warns a Stock Broker

A Sri Lankan Stock Broker says the recently passed “Expropriation Law” could scare away long term investors coming into the country as the latest legislation sets a dangerous precedent.
Bartleet Religare Securities, a Colombo based Stock Broker in its weekly report released to clients said, “The terms ‘under-performing’ and ‘optimal utilization of assets’ do not seem [...]

Pelwatte Sugar Industries issues statement to shareholders

Pelwatte Sugar Industries issues statement to shareholders

Sri Lanka’s listed Pelwatte Sugar Industries PLC today informed to its shareholders that the company is unable to comment on the implications it will have following the enactment of the Revival of Under-performing Enterprises and Underutilized Assets Bill.
The full statement of the PSIL is produced below.

Revival of UNDERPERFORMING ENTERPRIES AND UNDERUTILIZED ASSETS BILL
Consequent to the [...]

Cabraal confident of winning the Commonwealth Games bid

Cabraal confident of winning the Commonwealth Games bid

Governor of the Central Bank Ajith Nivard Cabraal who is also a co-chairman of the Hambantota bid committee is confident of Hambantota securing the 2018 Commonwealth Games hosting rights, says a media report.
Addressing reporters at St. Kitts and Navies, the place where the voting to select the host city is expected to take place today, [...]

Corporate Earnings

Corporate Earnings

PANASIAN POWER PLC (PAP)

•    PAP reported a LKR 0.15 EPS for the quarter ended 30th June 2011, with the help of 31.7mn listed other operating income
•    This was a dividend payment received from the group’s fully owned Subsidiary Manelwela Hydro power Ltd
•    The dividend payment should only have been reported at a company level and [...]

How the Hambantota Games city will look once constructed

How the Hambantota Games city will look once constructed

How the Hambantota Games city will look once construction is completed

Anarkali Akarsha dances with Hans Lawaets from US Virgin Islands during the Bid Dinner

Anarkali Akarsha dances with Hans Lawaets from US Virgin Islands during the Bid Dinner

Anarkali Akarsha dances with Hans Lawaets from US Virgin Islands during the Bid Dinner

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