Zimbabwe crisis signals boom time for Zambian tourism
VICTORIA FALLS, Zambia, Oct 5, 2006 (AFP) - For years it was regarded as a backwater and the poor relation to its southern neighbour, but the …
All News
Staying High
SINGAPORE, Oct 5, 2006 (AFP) - Oil prices rebounded in Asian trade Thursday, coming off near 8-month lows on continuing unrest in Nigeria and amid …
Biting Bullets
Oct 5, 2006 (AFP) - Sri Lanka plans to increase overall defence spending by 45 percent in calendar 2007 amid an upsurge in fighting between security …
Sri Lanka’s value added tea exports dip, despite record highs in Aug
Oct 05 2006 (LBO) - Sri Lanka has shipped less value added teas for the eight months to August, as a key buyer Libya is yet to place any big orders, …
Funny World
October 5, 2006 (LBO) – Sri Lanka Thursday cut retail fuel prices, but raised prices for alcohol and cigarettes, as the government disclosed …
Silver Lining
October 4, 2006 (Dow Jones)--Sri Lanka's two listed telecommunications companies are poised for record profits this year as the country's low …
Diamonds are a miner’s best friend
PARIS, Oct 4, 2006 (AFP) - A 603-carat stone found in Lesotho is the 15th biggest diamond ever found, the Gem Diamond Mining company and the …
London taxi cabs set for Chinese production
LONDON, Oct 4, 2006 (AFP) - The world-famous black London taxi cab will soon be seen on the streets of China after its maker announced a …
Bomb defused in Sri Lankan capital
Oct 4, 2006 (AFP) - A powerful Claymore mine was found in a Tamil area of the Sri Lankan capital Colombo on Wednesday and defused by the bomb …
Spin tops substance in Sri Lanka talks
October 4, 2006 (LBO) - Norway has failed to secure agreement on resuming Sri Lanka's peace talks following the latest diplomatic move, but reports …
Big Plans
Oct 04, 2006 (LBO) – Sri Lanka will flag off two new power plants in Kerawalapitiya, at least one of them run to on liquefied natural gas. But …
Emirates Airlines ups flights between Colombo and Dubai
Oct 04 (LBO) – Dubai based Emirates will up weekly flights between Colombo and Dubai, ahead of Sri Lanka’s peak winter tourist season in …
Sri Lanka peace effort hits fresh snags
Oct 4, 2006 (AFP) - A renewed Norwegian bid to coax Sri Lanka's government and Tamil Tiger rebels back to the negotiating table ran into fresh …
Iran seeks to fingerprint all US visitors
TEHRAN, Oct 3, 2006 (AFP) - Iran's conservative-controlled parliament is to debate a bill that would make digital fingerprinting compulsory for all …
Expensive Dreams
October 03 2006 (LBO) – Sri Lankans are still snapping up luxury cars like Audi’s despite stiff government taxes, to discourage vehicle …
India’s top media groups to launch new daily together
NEW DELHI, Oct 3, 2006 (AFP) - Two of India's top rival media houses Tuesday signed an agreement to launch a new daily newspaper in the Indian …
Norway in talks with Tigers on saving Sri Lanka peace
Oct 3, 2006 (AFP) - A top Norwegian envoy headed for talks with Tamil Tiger rebels Tuesday in a fresh bid to save Sri Lanka's troubled peace process, …
Sri Lanka delays talks but rules out war to end ethnic bloodshed
Oct 3, 2006 (AFP) - Peacebroker Norway struggled Tuesday to bring Sri Lanka and Tamil Tiger rebels to the negotiating table and avert full-scale war …
Air attacks dim Sri Lanka peace talk hopes
Oct 3, 2006 (AFP) - Sri Lankan air raids against Tamil Tiger rebels Tuesday dimmed prospects of early peace talks between the two sides despite fresh …
Saudi Funds
October 03 (LBO) – Sri Lanka is in talks with Saudi Arabia to secure over 500 million dollars to expand the island’s oil refining …
Sri Lanka logs 8.0% growth Jan-Sept: Treasury Secretary
October 3, 2006 (LBO) – Sri Lanka's economy has beaten most forecasts to lodge a 'near' 8.0 percent growth for the first nine months, the …
Hard Facts
WASHINGTON, Oct 3, 2006 (AFP) - The low-cost allure of emerging economies for Western companies is overdone once the meagre productivity of their …
Sri Lanka halves foreign investment targets
October 3, 2006 (LBO) – Sri Lanka may miss its ambitious target of attracting a billion dollars in foreign investments and instead end the year …