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Malaysia to have two-weekly price-formula; cuts fuel prices
KUALA LUMPUR, August 24, 2008 (AFP) – Malaysian premier Abdullah Ahmad Badawi said a recent move to cut petrol prices by 5.6 percent to 2.55 ringgit (0.76 dollars) a litre was not politically motivated, according to a report Sunday. The government’s announcement on Friday comes ahead of a crucial by-election this Tuesday contested by opposition […]
Sri Lankan cricketers land Bollywood roles
August 25, 2008 (AFP) – Sri Lanka’s top cricketers had a shot at Bollywood stardom when they were filmed for an upcoming movie that features some of the best players in the world. Type ‘act (space) lbo’ and send to 678 to recieve instant alerts from LBO on your Dialog mobile. Scenes for “Victory,” a […]
Sri Lanka taxable workers to shrink, creating multiple crises
Aug 25, 2008 (LBO) – Sri Lanka’s government will run out of working people to tax in the future, as retirees increase and the workforce shrinks, creating a crisis that will leave a rapidly ageing population unprotected, a top financial analyst has warned.To recieve instant alerts from LBO on your Dialog mobile type ‘act (space) […]
Sri Lanka braces for push on Tiger capital
August 24, 2008 (AFP) – Strife-torn Sri Lanka is bracing for intense and bloody battles as security forces close in on the political capital of the Tamil Tiger rebels, according to military analysts.Sri Lanka braces for push on Tiger capital Government forces are celebrating the capture of the towns of Uyilankulam and Thunukkai after battling […]
Biofuels, food crops straining world water reserves: experts
STOCKHOLM, August 24, 2008 (AFP) – Burgeoning demand for food to feed the world’s swelling population, coupled with increased use of biomass as fuel is putting a serious strain on global water reserves, experts said To receive instant alerts from LBO on your Dialog mobile type ‘act (space) lbo’ and send to 678 “If we […]
Sri Lanka ruling party in strong position for national polls
Aug 24, 2008 (LBO) – Sri Lanka’s ruling coalition has won convincingly over the main opposition and weakened a Marxist former ally in a provincial poll, placing the administration in a strong position to go for national polls on its own.The United Peoples’ Freedom Alliance (UPFA) led by the Sri Lanka Freedom Party of President […]
‘s ruling party wins provincial polls
Aug 24, 2008 (LBO) – Sri Lanka’s ruling coalition is securing comfortable wins in two provincial polls with large majorities in most polling divisions, official results show, increasing the likelihood of further polls in the months ahead, analysts say.A similar trend is seen in the Ratnapura and Kegalle districts of the Sabaragamuwa province, in polling […]
Offshore Firms
Aug 22, 2008 (LBO) – Sri Lanka is developing a new policy and rules for setting up offices of foreign companies in the island, with plans to increase a minimum deposit requirement, an official said.A higher deposit requirement – which is still to be decided – will only apply to new companies, the official said. […]
‘s Condor maintain flights
Aug 23, 2008 (LBO) – Sri Lanka tourism promotion office said it is negotiating lower airport fees and providing marketing support to keep Germany’s Condor charter flying to the country, during the 2008 winter season. “Condor’s uninterrupted operation every fortnight to Colombo will ensure a steady flow of German visitors to Sri Lanka,” Sri Lanka […]
‘s Kingfisher Airlines goes international with London route
NEW DELHI, August 23, 2008 (AFP) – India’s Kingfisher Airlines has announced it will launch its first international flight from the high-tech southern city of Bangalore to London next month. To receive instant alerts from LBO on your Dialog mobile type ‘act (space) lbo’ and send to 678 The daily non-stop Airbus A330-220 service to […]