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” to nursery rhymes
NEW DELHI, June 14, 2006 (AFP) – An Indian state has decided to drop popular nursery rhymes like “Twinkle, Twinkle, Little Star” and “Baa Baa Black Sheep” from text books for first-graders for being too Western, reports said Wednesday.“We want our children to have value education in local color,” newspapers reported Narottam Mishra, minister of […]
Paris Club at 50 faces era of new wealthy nations
PARIS, June 14, 2006 (AFP) – The Paris Club of the world’s richest lending nations marks its golden anniversary Wednesday, facing questions over its role in a new era of growing wealth in many debtor nations.Created in 1956 during a meeting in Paris of creditor nations for Argentina, the 19 Paris Club members, covering the […]
” for online selling tips
SAN FRANCISCO, June 13, 2006 (AFP) – Using a technology once the domain of nerds, US auction website eBay is collecting the wisdom of millions of users in a how-to guide for buying and selling online. Any of eBay’s estimated 185 million users can contribute insights to an eBay “wiki,” a website that allows visitors […]
Gulf bloggers: a new breed of Arab activists
DUBAI, June 14, 2006 (AFP) – Internet blogs are giving rise to a new breed of Arab activist as ordinary residents increasingly use them to press for more political rights and civil liberties in conservative Gulf states. Typical was a recent posting by a 33-year-old Saudi man. “Are we destined to just listen to the […]
Three killed as Tigers clash with Sri Lankan troops laying mines
June 14, 2006 (AFP) – Tamil Tigers clashed with Sri Lankan soldiers who were laying mines deep within rebel territory, killing at least one trooper but losing two of their own, a pro-rebel website said Wednesday. A unit of the Liberation Tigers of Tamil Eelam (LTTE) Tuesday confronted the military personnel who had infiltrated guerrilla-held […]
PwC sets up new firm in Japan following its partner’s scandal
TOKYO, June 13, 2006 (AFP) – International accounting giant PricewaterhouseCoopers set up a new firm in Japan on Tuesday after its Japanese partner came under fire over financial fraud.PricewaterhouseCoopers Arata will begin operations from July 1 to service both domestic and international companies in Japan, the US-based company said in a statement. The establishment came […]
Wage Bank
June 13, 2006 (LBO) – State bank employees will get a salary hike of up to 20 percent under a new agreement with trade unions. Bank of Ceylon, People’s Bank, National Savings Bank and State Mortgage and Investment Bank is due to sign the deal next week, sources said. The wage rise has also been […]
Small Umbrella
June 13, 2006 (LBO) – Hatton National Bank, Sri Lanka’s second largest privately owned lender by assets, has stepped up its micro credit programme by offering subsidized insurance policies to customers, officials said Tuesday. By passing on the credit risk to an insurance, HNB also gets a chance to reduce the statutory capital set aside […]
Healthy Spat
June 13 (LBO) – Sri Lankan employers are to work with trade unions to build dialogue in key areas like health, education and power, under a European Union funded project. The 12 month project will work with three government sector departments and four private sector agencies on tools for negotiation, social dialogue and governance, a […]
Rat in the generator blacks out Cambodian capital
PHNOM PENH, June 13, 2006 (AFP) – A rat which bumbled into one of Cambodia’s largest power plants was blamed for blacking out the entire capital Phnom Penh and much of surrounding Kandal province over the weekend, a power official said Tuesday.Millions were cast into darkness Sunday night and sat through hours of sweltering heat […]