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Sri Lanka says tea exports earned record billion dollars
Feb 7, 2008 (AFP) – Sri Lanka earned a record one billion dollars from tea exports last year despite a drop in volumes, the island’s tea board said Thursday.Sri Lanka’s high quality aromatic teas are made with tender leafs and buds of the plant botanically known as Camellia Sinenis. Sri Lanka, the world’s largest exporter […]
Desert Move
Feb 07, 2008 (LBO) — Sri Lanka’s Aitken Spence, a top leisure group that also runs resorts in the Maldives and India, said it had inked a deal to operate four hotels of Oman Hotels and Tourism Company (OHTC). . Al Falaj and Ruwi Hotels in Muscat, Al Wadi in Sohar and Sur Plaza in […]
Euro sags ahead of ECB rate decision
TOKYO, Feb 7, 2008 (AFP) – The euro was slightly weaker against its major rivals in Asian trade on Thursday amid nervousness ahead of an interest rate decision by the European Central Bank, dealers said.They said traders were also cautious about a weekend meeting of world finance chiefs in Tokyo where recent financial market turmoil […]
‘s hotel bought by Dubai state firm
LONDON, Feb 7, 2008 (AFP) – A property fund backed by an investment arm of the Dubai government bought prime west London property from the Queen’s portfolio, the monarch’s property managers announced on Wednesday. Its revenues from its assets are paid to the finance ministry. The Crown Estate, which manages Queen Elizabeth II’s real estate, […]
Hilary raids own kitty as Obama photofinish takes toll
US-VOTE – 02/07/2008 01:41 GMT – AFP PRINT WASHINGTON, Feb 6, 2008 (AFP) – Hillary Clinton’s race for the White House showed vulnerability Wednesday as she admitted tapping her own pocketbook for five million dollars to keep up a grueling fight against rival Barack Obama. “A month and a half is an eternity in politics […]
Sri Lanka suspends school sports after bomb
Feb 7, 2008 (AFP) – All school sports have been suspended in Sri Lanka after a Tamil Tiger suicide bomb attack in the capital killed nine pupils and a baseball coach, the government said Thursday.An eduction ministry spokesman said planned field trips for events marking the island’s 60th anniversary of independence from Britain would also […]
Ranatunga picks new team to head Sri Lanka Cricket
Feb 7, 2008 (AFP) – Two of Sri Lanka’s foremost cricketers, Arjuna Ranatunga and Aravinda de Silva, have joined up to lead the island’s cricket administration, sports minister Gamini Lokuge told AFP on Thursday.Former captain Ranatunga, who already heads Sri Lanka Cricket (SLC), will be assisted by his World Cup winning colleague Aravinda de Silva […]
Sri Lanka media working under fear: Amnesty
Feb 7, 2008 (AFP) – Dozens of unsolved murders, abductions, and disappearances of journalists have cast a pall on open reporting in Sri Lanka as an ethnic civil war intensifies, a rights group said Thursday.At least 10 media workers have been killed over the past two years, while others have been abducted, tortured, or illegally […]
” to end Sri Lanka bloodshed
Feb 7, 2008 (AFP) – Sri Lanka’s former colonial ruler Britain has called for a “political process” to end Sri Lanka’s spiralling violence and condemned the latest wave of bombings against civilians.British Foreign Secretary David Miliband in a statement released here said that the Sri Lankan government’s unilateral withdrawal from a ceasefire with separatist rebels […]
Sri Lanka stocks close higher on selective foreign buying
Feb 06, 2008 (LBO) – Sri Lanka shares closed marginally higher with turnover being driven to 224 million rupees through transactions on selective stocks picked by investors anticipating higher earnings for December quarter, brokers said. Colombo stock market’s All Share Index closed 3.41 points higher at 2,437.45 and the Milanka index was up 1.56 points […]