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 …
Quit Notice
Apr.20 (LBO) – Sri Lanka's State Banks & Development Minister Wijedasa Rajapakse Thursday resigned his ministry ending a short stint which was surrounded …
Four more killed in Sri Lanka violence
Apr. 20 (AFP) - At least four people were killed in Sri Lanka on Thursday as a Norwegian peace envoy headed for talks with Tamil Tiger rebels on saving the …
Tigers put off truce talks amid fresh violence
Apr. 20 (AFP) - Tamil Tiger rebels announced Thursday that they were indefinitely postponing peace talks aimed at saving a truce with Colombo as four more …
High Octane
LONDON, April 20, 2006 (AFP) - World oil prices reached new historic peaks on Thursday, above 74.0 dollars in London and 72.0 dollars in New York, owing to …
Heavy Cross
MADRID, Apr. 20 (AFP) - Consumers should carry the burden of higher oil prices, International Monetary Fund (IMF) chief Rodrigo Rato said in an interview …
RSF calls for retrial of Maldivian journalist jailed for life
Apr.20 (LBO) – The conviction on 19 April of Minivan journalist Abdullah Saeed and his sentence to life imprisonment was engineered by the authorities in …
Norway envoy holds talks with Sri Lanka PM on saving truce
Apr.19 (AFP) - Norway's new peace envoy to Sri Lanka has held talks with Prime Minister Ratnasiri Wickremanayake on moves to salvage the island's tottering …