Sri Lankan branded tea exporter Imperial Teas eyes regional subsidiaries
Nov 08 (LBO) - Sri Lankan branded tea exporter Imperial Teas may look at setting up subsidiaries in countries like China and even Kenya, to develop …
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Duped
Nov 8, 2006 (AFP) - C. Sathishkumar was one of thousands of Sri Lankan youngsters who invested in an Internet promotion to evaluate products online …
Sri Lanka ’07 Budget gap at 5% of GDP
November 8, 2006 (Dow Jones)--The Sri Lankan government expects the budget deficit to narrow to 5 percent of gross domestic product in 2007 from an …
Journalists’ rights body concerned about renewed action against independant media in Maldives
The media rights body Reporters Without Borders (RSF) had voiced concern over a series of recent actions taken against journalists in the Indian …
World Cup final ball sells for 2.4 million dollars
DOHA, Nov 7, 2006 (AFP) - The ball used in this year's World Cup final between Italy and France has sold at auction for a staggering 2. online …
India fires free trade salvo ahead of peace talks with Pakistan
NEW DELHI, Nov 7, 2006 (AFP) - India's foreign minister Tuesday accused regional adversary Pakistan of placing hurdles in the way of a fledgling …
How the Ashes were born
LONDON, Nov 7, 2006 (AFP) - As England get set for the defence of the Ashes in Australia later this month, it's worth recalling that one of the …
UN seeks international panel to probe Sri Lanka killing fields
COLOMBO, Nov 7, 2006 (AFP) - The United Nations Tuesday welcomed Sri Lanka's move to probe the killing of hundreds of civilians by troops and Tamil …
Five civilians hurt as Sri Lanka troops, rebels exchange mortar fire
Nov 7, 2006 (AFP) - Five civilians were wounded after Tamil rebels and troops in eastern Sri Lanka traded mortar fire Tuesday, the defence ministry …
SLT TV
November 6, 2006 (LBO) – Sri Lanka Telecom, the island’s biggest fixed line operator, said Tuesday that they are doing a due diligence …
No Cash
Nov 07 (LBO) – Sri Lanka is to ask Reliance Industries of India and Petronas of Malaysia for extended credit on fuel purchases, to ease recent …
India’s software giant Infosys aims for Nasdaq 100 index
BANGALORE, India, Nov 7, 2006 (AFP) - Shareholders of Indian software major Infosys Tuesday approved a plan for converting 30 million local shares …
Vietnamese give cautious welcome to do-or-die era of WTO
HANOI, Nov 7, 2006 (AFP) - Most Vietnamese appear to welcome their country joining the World Trade Organisation (WTO) but many also fear they must …
China forex reserves set to keep growing past 1 trln dollars
BEIJING, Nov 7, 2006 (AFP) - Boosted by a huge and growing trade surplus, China's forex reserves have shot past the one-trillion-dollar mark and …
India says rise in income tax collection could see rate cuts
NEW DELHI, Nov 7, 2006 (AFP) - The government may cut income tax rates as more people are declaring their income and paying taxes than ever before, …
Founder of Indian IT giant swipes at Bangalore name change
BANGALORE, India, Nov 7, 2006 (AFP) - The retired founder of software giant Infosys Tuesday took a swipe at officials of India's southern Karnataka …
Troops, Tigers trade artillery charge as Sri Lanka braces for battle
Nov 6, 2006 (AFP) - Sri Lanka's military and Tamil Tiger rebels Monday accused each other of initiating artillery attacks in the island's restive …
Vietnam set to become WTO’s 150th member
HANOI, Nov 6, 2006 (AFP) - Vietnam is set to become the 150th member of the World Trade Organisation (WTO) Tuesday after 20 years of market reforms …
Ocean Link
November 6, 2006 (LBO) – An undersea optical fibre cable between Sri Lanka and the Maldive Islands could be the first leg of a trans-Indian …
Tokyo Stock Exchange boosts capacity again
TOKYO, Nov 6, 2006 (AFP) - The Tokyo Stock Exchange said Monday it had raised its order handling capacity to 14 million per day from 12 million as …
Zimbabwe economy mars Africa resurgence: IMF
PRETORIA, Nov 6, 2006 (AFP) - Senior International Monetary Fund (IMF) officials Monday said inflation-ravaged Zimbabwe was a dark spot in …
Southern Link
November 6, 2006 (LBO) – Asiri Hospitals Ltd, currently at the centre of a takeover battle, announced plans on Monday to invest and develop a …
Private Property
Nov 06, 2006 (LBO) – Sri Lanka Monday announced measures to charge a royalty fee on the commercial use of local artists™ creations and …
Sore Eyes
BERLIN, Nov 6, 2006 (AFP) - Haiti, Myanmar and Iraq are perceived as the most corrupt countries in the world while Finland is seen as the cleanest, a …