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Delayed Reaction
Jan 13, 2008 (LBO) – Sri Lanka has raised fuel prices from midnight Sunday with petrol and furnace oil going up by 10 rupees, diesel 5 rupees and kerosene 2 rupees, the state-run Ceylon Petroleum Corporation (CPC) said. The new price of 90-octane petrol is 127.00 rupees, 95-octane petrol 130.00, auto diesel 80.00, super diesel […]
Sri Lankan betel farmers benefit from Pakistan buying: minister
Jan 12, 2008 (LBO) – Pakistan’s removal of a quota on Sri Lankan betel leaf exports has helped raise the quality of life among growers in three of the island’s districts, a government minister said. The government is keen to ensure that the benefits of the island’s burgeoning exports flow down to the villages in […]
Card Scam
Jan 12, 2007 (LBO) – Credit cards purported to have been issued by two Sri Lankan banks were found with a British national arrested in India over a credit card scam, a media report said. Police examinations of his e-mail had revealed that he had received confidential information such as PIN of ATM cards and […]
Most Chinese unhappy at work, seek big pay rises: survey
BEIJING, Jan 12, 2008 (AFP) – Fewer than one in eight Chinese are happy at work, with most complaining about dead-end jobs and wages eroded by record inflation, according to a new survey.Only 12.6 percent of respondents said they were satisfied with their jobs, while 50 percent said they were unhappy with working conditions, according […]
” choice for Americans, expert says
WASHINGTON, Jan 12, 2008 (AFP) – As adult obesity balloons in the United States, being overweight has become less of a health hazard and more of a lifestyle choice, the author of a new book argues.“Obesity is a natural extension of an advancing economy.As you become a First World economy and you get all these […]
‘s top donors concerned over latest fighting
Jan 12, 2008 (AFP) – Sri Lanka’s main financial backers Saturday voiced concern over the mounting bloodshed and called for a United Nations presence in the island. Japan, the United States, the European Union and Norway — the quartet known as the co-chairs — also expressed “deep concern” about rights abuses and called on Sri […]
Sri Lanka short of men to make capital safe: police chief
Jan 12, 2008 (LBO) — Sri Lanka does not have enough policemen to fully secure Colombo and public help is needed to fill the manpower gap in the capital, the island’s police chief said.“At moment Colombo has been given more policemen than other areas.But that is not enough, Inspector General Victor Perera told journalists. “They […]
Sri Lanka fighting intensifies ahead of Japanese envoy visit
Jan 12, 2008 (AFP) – Intense fighting across Sri Lanka’s embattled northern district have left at least 39 rebels and soldiers dead, the military said Saturday, ahead of a planned visit by a Japanese peace envoy.Japan, the island’s biggest aid donor, has voiced deep concern about the Colombo government’s decision last week to end its […]
Sri Lanka bond yields slightly up
Jan 11, 2008 (LBO) — Sri Lanka bond yields edged up slightly after Friday’s auction which raised two billion rupees for the government in one and two year bonds, dealers said.The central bank also sterilized 1.2 billion rupees of liquidity by selling 11-day bills at an average yield of 18.51 percent and a further 1.8 […]
Trade Links
Jan 11, 2007 (LBO) – Sri Lankan shipping officials have questioned the validity of a recent World Bank ranking on logistics that placed the island even below landlocked Uganda, despite Colombo’s position as a container transshipment hub. The criticism came at a videoconference discussion connecting audiences in Bangladesh, India, Pakistan, Nepal, Sri Lanka, and Washington […]