Asia in middle of shopping mall revolution, China and India leads
SINGAPORE, July 12, 2006 (AFP) - China and India are leading a revolution in the shopping centre industry in Asia but investors must have the business acumen, …
Illegal Stay
LONDON, July 12, 2006 (AFP) - The British government announced Wednesday it had ruled out the possibility of an anmesty for immigrants who are in the kingdom …
Trade Block
July 11 (LBO) – A tariff cut of up to 70 percent on goods like cement imported under the Indo-Lanka free trade deal, has been pushed back to September …
James Finlays ups capacity at its tea bagging plant
July 11 (LBO) - James Finlays has upped capacity at its tea factory, turning out bio-degradable tea bags to break into new markets in the United States and …
Lost & Found
COLOMBO, July 12, 2006 (AFP) - Sri Lanka announced Wednesday it would seize an estimated 30 million dollars in dormant bank accounts as part of a drive to …
In Control
KUALA LUMPUR, July 12, 2006 (AFP) - Tony Fernandes, head of budget carrier AirAsia, will ensure the airline remains Malaysian owned and not sell shares to …
Fuelling Wars
July 11 (LBO) – Sri Lanka’s energy minister wants nine billion rupees from the Treasury to settle Ceylon Petroleum Corp’s subsidy bill, as …
Blast near Tiger cemetery kills Sri Lanka soldier
July 11, 2006 (AFP) - A government soldier was killed Tuesday in a powerful bomb explosion near a Tamil Tiger war cemetery in Sri Lanka's northern peninsula of …
Sri Lanka offers cash, devolution to end ethnic bloodshed
COLOMBO, July 11, 2006 (AFP) - Sri Lanka's president Tuesday offered 1. buy doxycycline online …
IMF proposes emergency liquidity cushion
SINGAPORE, July 11, 2006 (AFP) - The International Monetary Fund (IMF) is proposing an emergency liquidity cushion to help Asian and other emerging economies …
Winning Words
July 11 (LBO) – Sri Lanka™s Editors Guild will honour print journalists Tuesday evening at its annual awards ceremony for journalistic excellence in …
Quick Sand
July 9, 2006 (LBO) – Sri Lanka will continue to subsidise retail fuel prices in the absence of a new pricing formula, as Colombo threatened to takeover …
Oil Conundrum
July 9, 2006 (LBO) - Sri Lanka's main opposition charged that weak economic management was the cause of galloping inflation in the country and not oil prices. …
Zimbabwe’s churches say they may have answer to economic woes
HARARE, July 9, 2006 (AFP) - Zimbabwe's churches are rallying to provide what they call a "comprehensive document" they believe could help lift the embattled …
Sri Lanka police probe death of innocent man beaten up in jail
July 8, 2006 (AFP) - Sri Lankan police have launched an investigation into the death of a man who was allegedly beaten up in prison after being falsely accused …
India’s ruling Congress battles mounting criticism over reforms
NEW DELHI, July 8, 2006 (AFP) - India's ruling Congress party moved into damage control on Saturday after an embarrassing U-turn on privatisation sparked …
Sri Lanka bipartisan peace bid fails, opposition says
July 7, 2006 (AFP) - A fresh attempt to hammer out a bipartisan approach to Sri Lanka's drawn out Tamil separatist conflict ended abruptly with the defection …
Indian freeze on privatisation shows PM’s tough reforms fight
NEW DELHI, July 7, 2006 (AFP) - India's move to freeze its privatisation programme is a bad signal for reforms and highlights the uphill battle Prime Minister …
Bank of Japan to tighten rules on executives’ finances
TOKYO, July 7, 2006 (AFP) - The Bank of Japan said Friday it will ban its executives from investing in most types of financial products following a scandal …
Sri Lankan rupee strengthens; shares close narrowly mixed
July 7, 2006 (LBO) - Colombo share prices closed little change in moderate trade Friday, but the rupee rallied a touch on some dollars sales by state banks, …