No Surprises
July 31, 2006 (LBO) – Sri Lanka Telecom, the island's biggest telephone company, said Monday second-quarter profits rose 112 percent, after it signed up …
Sri Lanka’s consumer prices ease in July to 14.7%
July 31, 2006 (LBO) – Sri Lanka's consumer prices for July eased marginally to 14.7 percent, the Census & Statistics Department said Monday, as a drop in …
Northern Lights
July 31 (LBO) – Sri Lanka has called for interested investors to set up a power plant by end this year, to supply electricity to Jaffna in the …
And FYI
July 31, 2006 (LBO) – Indian oil retailer Lanka IOC Monday raised fuel prices across the board by 5.00 rupees a litre to keep pace with galloping crude …
Bloodiest ground battle tests Sri Lanka’s threadbare truce, toll 44
July 31, 2006 (AFP) - Sri Lankan troops and Tiger rebels Monday fought their bloodiest ground battle since a 2002 truce, with the military reporting at least …
Sri Lanka truce on despite fighting: monitors
July 31, 2006 (AFP) - Tamil Tiger rebels Monday accused Sri Lanka of violating their truce with a renewed offensive, but Nordic truce monitors said the …
Sri Lanka military says 44 killed in latest battle
July 31, 2006 (AFP) - At least nine soldiers and 35 Tamil rebels were killed Monday in a major battle for control of a disputed waterway in northeastern Sri …
No full-scale war in Sri Lanka: chief monitor
July 31, 2006 (AFP) - Heavy fighting between Sri Lankan forces and Tamil Tiger rebels that killed at least 44 combatants Monday was unlikely to lead to …
Sri Lankan ‘miracle of Lebanon’ returns home penniless
TYRE, Lebanon, July 30, 2006 (AFP) - Vasanthi Darmadasa was sweeping her employers' garden when her life changed. buy advair rotahaler online …
Sri Lanka steps up attacks amid fears for threadbare truce
July 30, 2006 (AFP) - Sri Lanka Sunday intensified artillery and mortar bomb attacks against Tamil Tigers and captured an area where the guerrillas had blocked …
From 250 dollars to 2.1 billion: India’s Infosys story
BANGALORE, India, July 30, 2006 (AFP) - Twenty-five years ago, with an investment of just 250 dollars, a tiny software company took shape in a one-bedroom …
Pressure on Sri Lanka truce intensifies as monitors quit
July 29, 2006 (AFP) - Sri Lanka's threadbare truce came under further pressure Saturday following decisions by Finland and Denmark to remove their monitors as …
More Sri Lankans arrive home from Lebanon
July 29, 2006 (AFP) - A second batch of Sri Lankan migrant workers returned home Saturday from Lebanon in line with an evacuation plan backed by the …
Sri Lanka war planes step up bombing, toll eight
July 29, 2006 (AFP) - Sri Lankan war planes bombed Tamil Tiger positions for a fourth straight day Saturday, killing at least eight more rebels, the guerrillas …
Football provides therapy for drug addicts in cricket-crazy India
NEW DELHI, July 29, 2006 (AFP) - A frail-looking man named Diosiam jogs on to a football field in an upmarket New Delhi suburb, followed by a band of …
Tired of the beach? Latvians offer abuse, insults as a tourist lure
LIEPAJA, Latvia, July 29, 2006 (AFP) - Some countries will do anything to attract tourists. In Latvia, they have pristine beaches, architectural pearls, …
Local Brands
July 29, 2006 (LBO) – Sales of locally assembled computers rose 20 percent to 11,202 units for the three months to March, though established brands …
Hong Kong Hub
July 28, 2006 (LBO) – Sri Lanka Telecom, the island’s biggest fixed line operator, announced plans Friday to float a fully owned subsidiary in Hong …
Taking Flight
July 29, 2006 (LBO) – Malaysias top budget airline AirAsia is in talks to buy up a minority stake in local carrier Holiday Air, which is due to start …
Sri Lanka to raise another US$150 mn bonds in Aug.
July 28, 2006 (LBO) - Sri Lanka plans to raise another 150 million dollars in development bonds next month to bridge the rising budget deficit, though there …