Pirates’ Play
KUALA LUMPUR, Nov 1, 2006 (AFP) - Piracy declined globally this year, but Chittagong in Bangladesh was now the world's most dangerous port, with a …
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Unplugged
TOKYO, Nov 1, 2006 (AFP) - Times have changed since Nobutoshi Kihara sketched out designs for the revolutionary Walkman on a piece of paper. online …
HSBC to raise US$ 100 mn syndication loan for Sri Lanka’s Bank of Ceylon
November 01, 2006 (LBO) - Global banking giant HSBC is in the process of finalizing a 100 million dollar syndicated loan for Sri Lanka’s Bank …
Bordeaux winemakers downplay impact of rise in fakes
BORDEAUX, France, Nov 1, 2006 (AFP) - Winemakers in France's prime Bordeaux wine region have shrugged off warnings by experts over a rise in …
Egypt trembles as cheap Chinese pharaohs rule the souk
CAIRO, Nov 1, 2006 (AFP) - Figurines of King Tut, Ramses and Queen Nefertiti in Cairo's famous Khan Khalili bazaar all bear the hallmarks of …
Trade unions create ITUC: world labour front against globalisation
VIENNA, Nov 1, 2006 (AFP) - Trade unions from around the world set up a new labour giant, the International Trade Union Confederation (ITUC), here on …
Sri Lanka says Tigers must stop violence
Oct 31, 2006 (AFP) - Sri Lanka's government said Tuesday that it was only willing to open a crucial highway linking the northern Jaffna peninusla and …
Troops and rebels killed in north and east Sri Lanka clashes
Oct 31, 2006 (AFP) - At least five people were reported killed and six others injured in separate clashes Tuesday between Tamil rebels and government …
Aviation Debut
Oct 31, 2006 (LBO) – Sri Lanka plans to throw open the aviation corridor along the southern and eastern coast of the island for commercial …
Sri Lankan rupee gets closer to another record low
October 31, 2006 (LBO) - The Sri Lankan rupee sank further against the U.S. dollar Tuesday on sustained import demand, while share prices stayed in …
Sri Lanka Cricketers’ Association announces new awards
Oct 31, 2006 (AFP) - The Sri Lanka Cricketers' Association (SLCA) on Tuesday announced an awards scheme for the country's leading domestic and …
India central bank warns of overheating economy
MUMBAI, Oct 31, 2006 (AFP) - India's central bank warned Tuesday of overheating in one of the world's fastest growing economies as it juggled …
Sri Lanka’s inflation hits 17.2% in October, despite falling oil prices
October 31, 2006 (LBO) – Consumer prices in Sri Lanka bounced up to 17.2 percent in October from 15.4 percent in September, the Census & …
Nest Egg
October 31, 2006 (LBO) – Sri Lanka is toying with the idea of starting a provident fund for migrant workers in an attempt to give countrymen a …
Sri Lanka’s treasury bond yields up 1%
October 30, 2006 (LBO) - Sri Lanka's borrowing costs went up by 1-percent at this week’s bond auction, reflecting market sentiment for higher …
Still Grounded
Oct 30, 2006 (LBO) – Sri Lanka’s first budget airlines to fly international routes are struggling to get off ground, with approvals …
Kenya tea production up, but still recovering from drought
NAIROBI, Oct 30, 2006 (AFP) - Kenya's tea production surged eight percent in the third quarter of this year from last but remains below the 2005 …
Peeping Toms
SYDNEY, Oct 30, 2006 (AFP) - New high-tech advances were making Internet crimes against children easier for paedophiles to commit and more difficult …
Great Asian failures cause World Cup jitters
MOHALI, India, Oct 30, 2006 (AFP) - The failure of the four Asian teams to make the semi-finals of the Champions Trophy indicated trouble lay in …
Sri Lanka’s Hemas Holdings to raise debt for ongoing expansion plans
October 30, 2006 (LBO) - Sri Lanka’s conglomerate Hemas Holdings Ltd plans to raise a billion rupees in debt next year to fund expansion plans …
Swiss talks failure pushes Sri Lanka to abyss
GENEVA, Oct 30, 2006 (AFP) - Talks between Sri Lanka's warring parties here over the weekend failed to buy time to save their troubled truce, …
Rebels keep pressure on troops in north after Sri Lanka talks fail
Oct 30, 2006 (AFP) - Sri Lanka's military accused Tamil rebels of firing artillery at troops in the embattled Jaffna peninsula Monday after weekend …
Sri Lanka rebels cut short tour after Swiss talks fail
GENEVA, Oct 30, 2006 (AFP) - Sri Lanka's rebel Tamil Tiger negotiators have cut short a planned visit to truce monitors Norway and Iceland, and will …
Timeline on Sri Lanka’s troubled peace bid
GENEVA, Oct 30, 2006 (AFP) - Sri Lanka's latest round of peace talks ended in failure in Geneva over the weekend sparking fears of renewed bloodshed …