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Sri Lanka tea factory hotel opens under up-market brand
Dec 03, 2009 (LBO) – From abandoned tea factory to luxury resort, Aitken Spence will re-launch its successful tea factory hotel under its up-market brand ˜Heritance.’ Since its launch in 1996, the hotel which is situated on a hilltop overlooking Hethersett village, has gained a reputation for being an unusual holiday attraction. Visitors can experience […]
Sri Lanka cruise ship calls pick up after war
Dec 03, 2009 (LBO) – Calls by cruise ships to Sri Lanka, which were greatly reduced during the height of the ethnic war, are picking up with the latest operator to launch visits to Sri Lanka being Louis Cruises India.The number of visitors to the island picked up immediately after the war ended in May […]
Speak Out
Dec 03, 2009 (LBO) – UN officials and human rights groups have praised the decision by the Maldives to decriminalise defamation. Freedom of expression is the cornerstone of democracy and good governance. For democracy to be effective, citizens must be able to hold those in power to account without fear of retribution. I commend all […]
Ideal Spectrum
Dec 03, 2009 (LBO) – Sri Lankan telecommunications firms will begin unrolling WiMAX networks offering high-speed internet connections at lower cost in January, the island’s telecom regulator, Priyantha Kariyapperuma, said. The networks using the Worldwide Interoperability for Microwave Access (WiMAX) technology will especially benefit rural areas enabling services like telemedicine and e-learning, officials said. Sri […]
Sri Lanka sewers to be rebuilt with ADB aid
Dec 03, 2009 (LBO) – Sri Lanka is to get a loan of 100 million dollars from the Asian Development Bank (ADB) to modernise the sewerage system in the capital Colombo and its suburbs.A government statement said the project will improve the urban environment and public health for about 1.5 million urban and suburb residents […]
In Taiwan, bird catchers turn bird watchers
TAIPEI, December 3, 2009 (AFP) – When Yeh You-chin was a boy half a century ago, he ate migratory birds with relish, but now he is at the forefront of efforts to preserve the feathered visitors to his south Taiwan home. Yeh, the 59-year-old chief of Fangshan township, recently opened an exhibition hall devoted to […]
India food inflation soars 17 percent
December 3, 2009 (AFP) – Food inflation in India soared by over 17 percent in the 12 months ending November 21, official figures showed Thursday, raising pressure on the central bank to tighten monetary policy.Earlier most economists were betting that the first rate rise would come in April. The food price index climbed 17.47 percent […]
‘s debate over inflation 2: The folly of price cuts
Dec 03, 2009 (LBO) – In a bid to relieve the public of rising cost of living, the Government has reduced the import duties of ten leading food items and expected the market too to slash the prices. Artificial price reductions too lure central banks to an unwarranted complacency because the price indices on which […]
Sri Lanka to build small solar plant with Japanese aid
Dec 03, 2009 (LBO) – The Japanese government will give Sri Lanka a grant of 860 million yen or just over a billion rupees to build a 400 kiloWatt demonstration solar power plant which will be connected to the national grid.The solar project will be implemented by the Sri Lanka Sustainable Energy Authority under the […]
‘s 284 not out floors Sri Lanka
MUMBAI, December 3, 2009 (AFP) – Virender Sehwag smashed a scintillating unbeaten double century as India turned the tables on Sri Lanka in the third and final cricket Test on Thursday.Sehwag made 284 not out to lift the hosts to 443-1 by stumps on the second day at the Brabourne stadium in reply to Sri […]