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 ‘December, 2011’

www.lotuspond.lk cannot be accessed

www.lotuspond.lk cannot be accessed

www.lotuspond.lk, the official website of the “Nelum Pokuna – Mahinda Rajapaksa Theatre” which was launched yesterday is not accessible.
When we tried to access the site at 11.55 am, it is directed to a page where the heading reads “Red Hat Enterprise Linux Test Page”.
It says “The fact that you are seeing this page indicates that [...]

“I don’t believe in overregulation” – New Chairman of the SEC

“I don’t believe in overregulation” – New Chairman of the SEC

By: Prasanna C. Rodrigo
The newly appointed Chairman of Sri Lanka’s Securities and Exchange Commission Thilak Karunratne says he doesn’t believe in over regulation, as it is counter productive to the market.
Speaking to News360.lk he said, “I don’t believe in over regulation, as over regulation is counter productive”.
However, Karunaratne was of the view that the market [...]

Fitch Affirms Trade Finance and Investments PLC at ‘BB+(lka)’

Fitch Affirms Trade Finance and Investments PLC at ‘BB+(lka)’

Fitch Ratings Lanka has affirmed Trade finance and Investments’ National Long-Term rating at ‘BB+(lka)’.
The Outlook is Stable.
Fitch says the rating factors in TFI’s strong asset quality, capitalization, and profitability metrics for a small-sized registered finance company.
The agency says, the rating is, however, constrained by its narrow product diversity, comprising mainly hire purchase and leases, and [...]

www.Lotuspond.lk launched

www.Lotuspond.lk launched

Sri Lanka today launched the official website of its newly built performing arts theater which is named as Nelum Pokuna – Mahinda Rajapaksa Theatre.
Official website of the theater goes as www.lotuspond.lk.
The launch of the website took place at the Temple Trees.
The theater which is located in the city of Colombo is expected to be launched [...]

Hemas appoints a female to head its transportation arm

Hemas appoints a female to head its transportation arm

Local conglomerate Hemas Group has appointed Ms. Kasturi Chellaraja Wilson as the Managing Director of its transportation sector.
With this appointment, Chellaraja who has formerly held several key positions in the diversified group will look after the operations of Hemas Travels, Airline Representation, Shipping & Maritime and Freight and Logistics.
The Company in a statement issued announcing [...]

Should you invest in the stock market now?

Should you invest in the stock market now?

By: R.M.B. Senanayake
The stock market is unlikely to pick up in the short run. Economists refer to a decline in prices of 20% or so as a bear market. Our market has fallen by about 10% this year in terms of the All Share Price Index. But if we consider the decline from the peak [...]

Paranavitana scores a century in South Africa (correction)

Paranavitana scores a century in South Africa (correction)

Sri Lankan opener Tharanga Paranavitana scored a promising century against the South African Invitation eleven in the drawn tour game in South Africa.

The Lankan team, who started responding to the South African Invitation 11’s 357 runs were 207 runs for the loss of 3 wickets at the close of 3rd day of the match, which [...]

Sri Lankan Ministers defeated in a T20 game by the MP’s team

Sri Lankan Ministers defeated in a T20 game by the MP’s team

A Sri Lankan MP’s team led by Sanath Jayasuriya defeated the Ministerial team by 70 runs in the first ever T20 match played for the “Speaker’s trophy” which saw President Mahinda Rajapaksa in attendance.
The Game played on Sunday in Colombo saw the Sri Lankan MP’s who batted first scoring a massive 175 runs in their [...]

“Govt. is scared of me” says Karu

“Govt. is scared of me” says Karu

Deputy Leader of the UNP Karu Jayasuriya says if the United National Party’s working committee elects him to be the leader of the party, he will unite the party within 24 hours.
In an interview conducted by the Rivira news paper, a Sinhala weekly, Jayasuriya has revealed that he has already drafted a plan towards creating [...]

SriLankan and Emirates flights, lands and take off in the same runaway within a space of one minute in an Indian Airport

SriLankan and Emirates flights, lands and take off in the same runaway within a space of one minute in an Indian Airport

The Director General of Civil Aviation (DGCA) has ordered an inquiry into the Friday’s incident in which an Emirates flight-bound for Dubai took off and SriLankan Airlines flight from Colombo landed in the same runway of Thiruvananthapuram international airport within one minute.
The Air Traffic Controller who was on duty at the time had been grounded [...]

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