Close Inspection
Apr. 24 (AFP) - Sri Lankan police arrested five Maldivian nationals sparking unconfirmed rumours that the suspects were linked to Al-Qaeda, police and media …
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Red Light
Apr.24 (LBO) - The District Court Monday turned down a request by Malaysian based investor A P Jagaiah to postpone the NDB Bank's annual general meeting. …
Guilty
NEW YORK, Apr.24 (AFP) - The former top executive of Computer Associates, Sanjay Kumar, pleaded guilty Monday to participating in a 2. buy rotacaps online …
Chess Game
Apr.24 (LBO) – Sri Lanka plans to ask for more shipments of clothes, edible oils and fewer limits on country of rules origins on exports of key items to …
Surging rubber prices raising ‘alarm bells’: experts
KUALA LUMPUR, Apr. 24 (AFP) - Rising demand that has pushed prices for natural rubber to record highs is raising fears world supplies will run short, experts …
Sri Lankan troops kill two Tiger suspects amid new tensions
Apr.24 (AFP) - Sri Lankan troops shot dead two men who were trying to set up a Claymore mine Monday intended for security forces in the island's east, a …
Jackpot
PARIS, Apr.24 (AFP) - While governments and consumers weep over the rise and rise of fuel prices, oil companies are rubbing their hands in glee. Last year the …
Indian court rules domestic whisky not “Scotch”
NEW DELHI, Apr. 24 (AFP) - An Indian court has ordered domestic whisky makers not to use the words "Scot" or "Scotch" for their distilled brews as it would …
Loosing Grip
PARIS, Apr.24 (AFP) - From cars to planes, chemical plants to retail, every sector in the world economy is having to adapt to the prospect that high oil prices …
E-sex bust
Apr.23 (LBO) – Sri Lanka's immigration authorities have closed an internet-based commercial sex service run by foreign nationals, in the first such …
Sri Lanka seeks Tiger ban in Europe as toll hits 14
Apr. 23 (AFP) - Sri Lanka Sunday asked the European Union to designate Tamil Tiger rebels as terrorists, saying such a move could nudge them into resuming …
Maldives fishermen bring police record hashish haul
COLOMBO, Apr. 23 (AFP) - Fishermen in the Indian Ocean tourist paradise of the Maldives gave police their biggest catch of illegal drugs after an accidental …
More blasts in Sri Lanka as Norway mounts new peace bid
Apr.21 (AFP) - Three policemen were killed and three injured in two mine attacks in Sri Lanka Friday, police said, as Norway launched a fresh bid to save the …
Easing Up
SINGAPORE, April 21, 2006 (AFP) - Oil prices were lower in Asian trade Friday on profit-taking after recent sustained gains to record highs amid concerns over …
Chinese Flyovers
Apr.21 (LBO) – China Friday agreed to give a billion rupee grant to build three flyover roads in Sri Lanka, the Finance Ministry said. - LBO Newsdesk …
Bond auction yields decline
Apr.21 (LBO) - Sri Lanka's Central Bank sold a billion rupees worth of three and four year bonds Friday at yields below market expectations. Details of the …
Wider Berth
DHAKA, April 21, 2006 (AFP) - South Asian nations have agreed to include services in the South Asian Free Trade Agreement (SAFTA) in a bid to boost regional …
Micro Law
Apr.20 (LBO) – Sri Lanka is drawing up a new law to regulate micro-credit organizations scattered around the county. The legislation will cover thrift …
Breaking Barriers
DHAKA, Apr.20 (AFP) - The trade ministers of seven South Asian nations said Thursday they had "fruitful" discussions on barriers still impeding a planned …
Sri Lanka’s hospitality industry shows record growth in March
Apr. 20 (LBO) – Sri Lanka's leisure industry greeted record 54,746 visitors in March, as key western countries warned nationals to avoid traveling to the …