All Blogs
Tech Ride
TOULOUSE, France, Nov 9, 2006 (AFP) – As rain clouds gather over European aircraft maker Airbus, the giant plane at the root of its problems is set to jet off on for a tour of the Asia region next Monday for a final round of technical tests.EADS, or the European Aeronautic Defence and Space Company, […]
Rational Decision
November 09 (LBO) – The Central Bank of Sri Lanka has responded to a weekend news report in the continuing controversy over the sudden closure of a special investigation unit that was probing the Goldquest scheme among others.Administration Rationalization and Investigations into Prohibited Schemes This Press Release is issued to clear any misconception that may […]
Start Small
November 9, 2006 (LBO) – Most local small and medium enterprises lack support services like marketing and technical skills rather than access to credit to grow their businesses, a top Central Bank official said Thursday. Local banks are heavily weighted towards collateral base lending, instead of project based lending, which in turn makes it difficult […]
Safe Haven
Nov 09 (LBO) – Sri Lanka stands the risk of getting too complacent about its low prevalence of AIDS, researchers say and should strengthen treatment and care of those living with the disease. There are an estimated 5000 people living with Acquired Immunodeficiency Syndrome (AIDS), which attacks the body™s immune system – the body™s ability […]
Losing Weight
Nov 09, 2006 (LBO) – Despite scores of raids, arrests and legal penalties over the years, Sri Lankan authorities say many shopkeepers and other vendors still doctor their measuring scales. From our annual raids we have been able to catch around 1134 vendors in 2005 and there is a slight increase in the numbers compared […]
Zimbabwe watchdog to enforce price controls
HARARE, Nov 9, 2006 (AFP) – The Zimbabwean government is to establish an official commission to monitor prices and incomes in the latest attempt to stall skyrocketing inflation, a government minister said Thursday.“We are hopeful that the (incomes and pricing) commission will be in place soon,” Industry and International Trade Minister Obert Mpofu told AFP. […]
American in Nepal moves from royal consort to peace campaigner
November 9, 2006 (AFP) – Barbara Adams has been witness to huge change in Nepal during the 45 years she has lived in the Himalayan country. Well before backpackers and overland travellers from Europe made Nepal a fixture on the hippy trail, Adams was living in the remote kingdom as consort of a prince from […]
Tigers capture sailors in sea battle, Sri Lanka regrets killings
Nov 9, 2006 (AFP) – Tamil Tigers sank two naval gunboats and captured four sailors in a fierce sea battle Thursday, the rebels said, as Sri Lanka expressed regret over the killing of 65 civilians in an artillery blitz. The rebel Liberation Tigers of Tamil Eelam (LTTE) said they sank two Dvora gunboats and damaged […]
Norway demands explanation from Sri Lanka for attack
Nov 9, 2006 (AFP) – Norway said Thursday it had demanded an immediate explanation from Sri Lanka for a grenade attack against unarmed Nordic truce monitors.Aid Minister Erik Solheim said the Norwegian-led Sri Lanka Monitoring Mission (SLMM) came under grenade attack in the island’s north Wednesday while examining a route to the Jaffna peninsula. “It […]
Sri Lanka Navy gunboat attacked by Tiger suicide craft
COLOMBO, Nov 9, 2006 (AFP) – A heavy sea battle erupted in northern Sri Lanka Thursday after Tamil Tiger rebels staged a suicide attack against a navy gunboat, military sources said.The battle came as the government expressed “regret” over the killing of up to 65 civilians in an attack on suspected Tamil Tiger positions in […]