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Sri Lanka slain customs officer given integrity award
Dec 10, 2010 (LBO) – A Sri Lankan customs officer who was gunned down after he exposed corruption in the customs service was posthumously awarded the National Integrity Award by the corruption watchdog Transparency International. “Corruption is deep rooted in human greed. The temptations and opportunities for corruption are greater today than ever before. Faced […]
Ukraine to attend Nobel ceremony after public pressure
KIEV, December 9, 2010 (AFP) – Ukraine will send a diplomat to the Nobel peace prize ceremony for jailed Chinese dissident Liu Xiabo, a foreign ministry official said Thursday, after Kiev initially joined a boycott led by China. Ukraine will send the first secretary of the Ukrainian embassy in Norway to the ceremony on Friday, […]
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December 9, 2010 (AFP) – A six-year-old girl found at a house in Colombo is believed to have been sold by a hospital worker soon after the 2004 Indian Ocean tsunami, Sri Lankan child protection authorities said Thursday. Staff at the National Child Protection Authority went to the house after neighbours complained that the girl […]
Sri Lanka stocks close down 0.1-pct
Dec 09, 2010 (LBO) – Sri Lankan stocks ended down 0. 13 percent Thursday, with only limited retail participation in the market, brokers said. The All Share Price Index closed at 6,445. 77, down 0.13 percent (8.54 points) while the Milanka index of liquid stocks dipped 0. 04 percent (3.05 points) to close at 6,915.89, […]
Rain Effect
Dec 09, 2010 (LBO) – The scheduled opening of an expressway linking Sri Lanka’s capital Colombo with the south next year will be delayed as heavy rain has impeded construction work on low-lying sections, an official said. The expressway is expected to result in greater economic development of the long-neglected southern region. The first phase […]
Risky Voyage
NAIROBI, December 9, 2010 (AFP) – Somali pirates have released a Saudi oil tanker along with its 14-member crew which they seized nine months ago after a ransom was paid, a maritime watchdog said on Thursday. One act of piracy out of every two worldwide is carried out off the coasts of Somalia or in […]
Convenient Card
Dec 09, 2010 (LBO) – Sri Lanka’s Commercial Bank has begun issuing chip-integrated credit and shopping debit cards under the Visa brand, a statement said. The service of Oberthur Technologies was obtained for the provision of chip cards and chip card personalisation software while equipment provided by Datacard was used for card personalisation. The chip […]
Call Competition
Dec 09, 2010 (LBO) – The removal of a tariff floor by Sri Lanka’s telecommunications regulator could see the resumption of a price war that led to loss among mobile phone operators, Fitch Ratings has warned in a report. “Dialog also benefited from reduced tariff pressure within the mobile industry and its strong market share […]
‘s 35-dollar computer
NEW DELHI, December 9, 2010 (AFP) – The Indian government won headlines around the world when it unveiled a prototype 35-dollar tablet computer in July, but questions are now growing over whether the project is just a pipe dream. “The One Laptop per Child Association in the US was difficult to comprehend and there was […]
Riot police in streets after Bangladesh stocks dive
DHAKA, December 8, 2010 (AFP) – Riot police took to the streets of the Bangladeshi capital on Wednesday to control thousands of angry investors protesting over a dramatic fall in shares on the national stock exchange. Protesters burnt office furniture in front of the Dhaka Stock Exchange building and brought traffic in the centre of […]