All Blogs
Sri Lanka trade talks mull market access for migrant labour
June 21, 2010 (LBO) – Opening up labour markets in developed countries for migrant workers from South Asian countries like Sri Lanka is of critical importance for the region at world trade talks, an economist said. Many South Asians are working abroad in construction, nursing and health care, and in personal care as domestic assistants. […]
‘s Reliance Broadcast signs TV deal with CBS for South Asia
NEW DELHI, June 20, 2010 (AFP) – India’s Reliance Broadcast Network, part of the Anil Dhirubhai Ambani group, has signed a deal with the US-based CBS network to launch TV channels across south Asia, the company said Sunday. The two companies will first launch English-language entertainment channels and at a later stage explore channels in […]
‘s Ban names war crimes panel
June 21, 2010 (AFP) – Sri Lanka is “deeply unhappy” at a move by UN chief Ban Ki-moon to name a panel to look into alleged war crimes committed during the final months of the island’s civil war, an official said Monday. Colombo repeated President Mahinda Rajapakse’s protest to Ban in March that the panel […]
Sri Lanka state non-tax revenues up in first quarter
June 21, 2010 (LBO) – Sri Lanka has seen steep increase in non-tax incomes in the first quarter of 2010 which accounted for more than half the revenue gains made by the state, official data shows. State revenues increased by 26.3 percent in the first quarter to 182. 7 billion rupees with tax revenues gaining […]
State Banking
June 20, 2010 (LBO) – Lankaputhra Development Bank, a state bank set up to fulfill an election promise, has increased its bad loans to 55. 9 percent in 2009, from 19.2 percent a year earlier, a government report has revealed. Lankaputhra or ‘sons of the Lanka’ bank was set up to fill a supposed lack […]
Arsenic in water poisoned 77 million Bangladeshis: report
DHAKA, June 20, 2010 (AFP) – Up to 77 million Bangladeshis have been exposed to toxic levels of arsenic from contaminated drinking water, and even low-level exposure to the poison is not risk-free, The Lancet medical journal reported. Over the past decade, more than 20 percent of deaths recorded in a study that monitored nearly […]
Cricket-mad Indian touted as next Deutsche Bank CEO
BERLIN, June 20, 2010 (AFP) – Anshu Jain already captains Deutsche Bank’s cricket team, and a boardroom reshuffle last week means that the Indian big-hitter is now seen as a prime candidate to be chief executive too. Jain, 47, has just been appointed sole head of the German lender’s most powerful division, its corporate and […]
India oust Pakistan in Asia Cup thriller
DAMBULLA, June 19, 2010 (AFP) – Harbhajan Singh smashed the penultimate ball from Mohammad Aamer for a six as India knocked Pakistan out of the Asia Cup with a three-wicket win on Saturday. Raina and Harbhajan then stepped in to lead a brilliant recovery and crush a valiant Pakistan side’s hopes of staying alive in […]
Japan backs UN war crimes probe into Sri Lanka war
June 20, 2010 (AFP) – A visiting Japanese envoy said Sunday his country backed efforts by the United Nations to investigate alleged war crimes committed in Sri Lanka during the final months of its ethnic conflict. Yasushi Akashi, whose country is a major donor to Sri Lanka, ended a five-day visit saying he detected a […]
” govt: report
June 20, 2010 (AFP) – A senior leader of Sri Lanka’s defeated Tamil Tiger rebels has agreed to help the government in its post-war reconstruction efforts, a state-run newspaper reported Sunday. The UN estimates that up to 100,000 people were killed in Sri Lanka’s ethnic conflict which began in the 1970s. The UN has also […]