All Blogs
Sri Lanka Tamil Tigers deny taking bribe to rig elections
Oct 2, 2007 (AFP) – Sri Lanka’s Tamil Tiger rebels Tuesday rejected lingering allegations that they cut a lucrative deal with President Mahinda Rajapakse to ensure his election victory nearly two years ago.The Tigers are leading a drawn-out campaign for independence, and the island’s mainstream political leaders have often been accused of cutting deals with […]
Zimbabwe hikes rates by 15,000bp as Sri Lanka holds rates steady
Oct 02, 2007 (LBO) – Zimbabwe has hiked overnight discount rate by 15,000 basis points to 800 percent while the rate at the unsecured last resort window has been upped to 850 percent, a market day after Sri Lanka froze policy rates. “These levels will be reviewed regularly without prior warning,” Zimbabwe’s central bank governor […]
Health Injection
Oct 01, 2007 (LBO) – Aureos South Asia Fund (ASAF) has invested five million dollars in an Apollo hospital in Bangladesh, the South Asian focused investment fund said. The Bangladesh Taka 343 million injection goes to STS Holdings, which owns the Apollo Hospital in the country. The investment will boost STS Holdings’ plans for further […]
Sri Lankan tea brokers mull mechanisation
Oct 01, 2007 (LBO) – Sri Lanka’s tea brokers are considering mechanizing preparation of samples to speed up the work to handle ever increasing volumes. Brokers today prepare and distribute a million two once samples of tea a week for buyers to see and taste before deciding to bid at the Colombo auctions, the world’s […]
Open Season
Oct 01, 2007 (LBO) – The United States visa lottery for would-be immigrants will be opened on Wednesday, October 3, and participation is without any charge, the US embassy in the Sri Lankan capital Colombo said. Lottery winners will be notified between May and July, 2008 and have a one-year window in which they may […]
Split Profits
KUALA LUMPUR, Oct 1, 2007 (AFP) – Telecommunications giant Telekom Malaysia on Monday saw its share price jump by 11.3 percent in morning trade after the company announced a plan to split its mobile and fixed-line business. At 11:45 am (0345 GMT), Telekom Malaysia shares rose 1.10 ringgit to 10.80 (3.18 dollars) on the Kuala […]
” aviation project
Oct 01, 2007 (LBO) – Sri Lanka is planning to revive an initiative to encourage civil aviation and aerial sports in the island after security restrictions resulting from an internal conflict all but killed the industry. Likewise, he added, hang gliders can fly at a top speed of 30 miles an hour and not higher […]
‘s Hoole, Sritharan win Swiss human rights prize
Burundi cop, Sri Lanka professors win Swiss human rights prize GENEVA, Oct 1, 2007 (AFP) – A policeman from the central African country of Burundi and two university professors from Sri Lanka have been named as the top human rights defenders for 2007 by a Swiss-based rights group. Pierre Claver Mbonimpa, a former policeman turned […]
Maldives arrest foreign nationals over blast
Oct 1, 2007 (AFP) – The Maldives has arrested 10 suspects and is seeking outside help to investigate a bombing that wounded 12 foreign tourists in the first such attack on the holiday paradise, officials said Monday. The country appeared to have been largely spared religious fundamentalism although political tensions have flared periodically since an […]
FBI helping probe Maldives blast: United Sates
Oct 01, 2007 (LBO) – The Federal Bureau of Investigation (FBI) is helping Maldives probe a blast in the capital that injured 12 tourists Saturday, the US embassy in Colombo said Monday. The embassy said it was “shocked and saddened” to learn of the incident. “We condemn without reservation this senseless act of violence,” the […]