Tight Control
Sri Lanka limited Friday the ownership of banks to prevent individuals or groups making hostile takeover bids that could destabilise the country's …
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Jaffna Power
January 18, 2007 (LBO) – Sri Lanka's power utility has signed up a new independent power supplier for the northern Jaffna area, and extended …
Off Air
Jan 18, 2007 (AFP) - Sri Lanka stopped mobile phone services for nearly half a million users in the island's embattled east as government troops were …
Indian Visitor
January 18, 2007 (LBO) – India's Bharti Airtel Ltd has been tentatively picked to take up a slot as Sri Lanka's fifth mobile phone operator, …
Herbal Remedy
Jan 18, 2007 (LBO) – Sri Lanka is promoting the cultivation of herbs used in indigenous medicine, through a network of farm villages, in a bid …
Sri Lanka violence claims two more lives
Jan 18, 2007 (AFP) - A soldier and a civilian were killed in fresh violence in Sri Lanka's north as troops and Tamil Tiger rebels traded mortar fire …
After Microsoft and Google, Belgian newspapers go after Yahoo
BRUSSELS, Jan 18, 2007 (AFP) - After taking action against Microsoft and Google, Belgium's French-speaking newspapers are seeking redress from …
Sri Lanka bids to recover swindled millions
Jan 18, 2007 (AFP) - Sri Lanka plans to sue heads of state agencies where crooked deals and kick-backs are believed to have cost the government over …
Political pressure blocks rate hike?
Jan 18, 2007 (AFP) - The Bank of Japan decided against raising its ultra-low interest rates Thursday in the face of fierce political pressure, …
In a stroke
January 18 (LBO) - Sri Lanka is banning the import of three-wheeler taxis that use two-stroke piston engines from next year, to reduce pollution in …
Sri Lanka stays pat on key interest rates
January 18, 2007 (LBO) - Sri Lanka's central bank Thursday left its key policy rates at current levels, amidst soaring inflation, which is giving …
African Wings
Jan 16, 2007 (LBO) – A Sri Lankan firm, which has built a freight forwarding network spanning eight coastal African nations plans to rapidly …
Disabled Friendly
Jan 17 2007 (LBO) - Sri Lankan companies should do more to make it easier for physically challenged customers to work with them, an activist body has …
Sri Lanka claims rebel base as both sides count heavy losses
COLOMBO, Jan 17, 2007 (AFP) - Sri Lankan troops and Tamil Tigers counted heavy losses Wednesday after a day of intense fighting, as police commandos …
South Asian lifestyle leads to high early heart attack risk: study
WASHINGTON, Jan 16, 2007 (AFP) - People native to South Asia are at greater risk of heart attack at a younger age than other people because of …
Airbus beaten by Boeing in 2006, but promises fightback
PARIS, Jan 17, 2007 (AFP) - Airbus said on Wednesday it had lost first place to Boeing in the battle for orders in 2006, but said it would increase …
Unit Gains
Jan 17, 2007 (LBO) – Investors in mutual funds with an equity component have managed to beat raging inflation last year, with Sri Lanka's …
Fresh Sri Lanka violence kills 41: military
Jan 16, 2007 (AFP) - At least 30 Tamil rebels and 11 security personnel were killed in Sri Lanka on Tuesday in an upsurge of violence, officials and …
Tiger torture chambers found in Sri Lanka: defence ministry
COLOMBO, Jan 16, 2007 (AFP) - Commandos in Sri Lanka have found "torture chambers" used by the Tamil Tiger rebels to punish informants and deserters, …
Rebel “torture chambers” found in Sri Lanka: defence ministry
Jan 16, 2007 (AFP) - Commandos in Sri Lanka have found "torture chambers" used by the Tamil Tiger rebels to punish informants and deserters, the …
Govt-opposition deal in Sri Lanka to end
Jan 16, 2007 (AFP) - A landmark deal between Sri Lanka's ruling party and the main opposition to bring a political solution to the island's ethnic …
Athletics: Sri Lankan sprinter cleared of doping
Jan 16, 2007 (AFP) - A Sri Lankan woman sprinter who was accused of doping during the South Asian Games in Colombo last year has been cleared of the …
Hong Kong ranked as the world’s freest economy
HONG KONG, Jan 16, 2007 (AFP) - Hong Kong has been ranked as the world's freest economy ahead of rival Singapore in a report released on Tuesday by a …
Graft costs Sri Lanka a billion dollars a year: whistle-blower
Jan 16, 2007 (AFP) - Kick-backs and crooked deals cost Sri Lanka over a billion dollars last year amounting to about a fifth of tax revenue, the …