” vistors pay £3,000 visa bond

LONDON, June 23, 2013 (AFP) – Britain is planning to force visitors from India, Pakistan, Nigeria and other countries whose nationals are deemed to pose a “high risk” of immigration abuse to provide a cash bond before they can enter the country, a report said Sunday. The Sunday Times newspaper said that from November, a […]

Sri Lanka make two changes for tri-nation

June 23, 2013 (AFP) – Sri Lanka’s cricket selectors on Sunday made two changes to their Champions Trophy squad for a triangular one-day series in the West Indies starting this week. Batsman Tillakaratne Dilshan is out with with a calf injury suffered in Thursday’s Champions Trophy semi-final defeat to India, while all-rounder Thisara Perera was […]

”s Agadez among new UNESCO sites

PHNOM PENH (AFP) – Japan’s Mount Fuji, a series of ancient terraced rice paddies China, and the desert city of Agardaz in Niger were among the cultural jewels granted World Heritage status by UNESCO at its annual meeting on Saturday. On Saturday, UNESCO also inscribed the landscapes of terraced rice fields of Honghe Hani, south […]

Sri Lanka domestic gold prices edge up after tax

Jun 22, 2013 (LBO) – Gold prices in Sri Lanka’s domestic market have started to rise after the state slapped a 10 percent on imports, industry players said.On Friday a gold sovereign (about 8.1 grams) the most popular benchmark price was quoted around 47,500 rupees for 22 carats up about a 1,000 rupees from a […]

Rescuers race against time as India monsoon toll nears 600

DEHRADUN, June 22, 2013 (AFP) – Relief teams were racing against time Saturday to rescue tens of thousands of stranded people in rain-ravaged northern India as the death toll from flash floods and landslides neared 600.Rescue workers who managed to reach those stranded were racing to cut down trees and clear vegetation to allow military […]

‘s Liberty

WASHINGTON, June 22, 2013 (AFP) – Internet users are taking a fresh look at “privacy” search engines that do not store data or track online activity, in light of the flap over US government surveillance.While Google’s market share has not seen a noticeable dent, privacy search engines like US-based DuckDuckGo and European-based Ixquick have seen […]

Casino Watch

June 21, 2013 (LBO) – Sri Lanka will look into the possibility of setting up a casino regulator, a government minister said responding to a call by a legislator of the island’s main opposition.“We respect that idea,” information minister Keheliya Rambukwelle told reporters Thursday at a weekly news briefing to announce cabinet decisions. “Let’s see […]

‘s Elpitiya Plantations boost tea yields, diversifies crop

June 21, 2013 (LBO) – Elpitiya Plantations Plc, a unit of Sri Lanka’s Aitken Spence group said it had boosted tea yields and diversified into cinnamon oil palm and oil milling, allowing it to boost profits.In the year to March 2013, 11 percent of its 2.8 billion rupees in revenues came from palm oil as […]

Sri Lanka stocks close down 0.9-pct

June 21, 2013 (LBO) – Sri Lanka’s stocks closed down 0.90 percent on Friday with index heavy stocks showing losses and companies with interests in gold also retreating due to a 10 percent import tax imposed by the Sri Lankan govenment , brokers said. The benchmark Colombo All Share Index closed 56.17 points lower at […]

Sri Lanka rupee weaker, bond yields up

June 21, 2013 (LBO) – Sri Lanka rupee was quoted below 129.00 to the US dollar in the spot market Friday while bond yields were also elevated, dealers said.The rupee opened at 128.40/60 levels against the US dollar and weakened in mid-day trade.Dealers say there were higher levels of forward covering in the market including […]

Sri Lanka-EU investor forum in Colombo

June 20, 2013 (LBO) – A European Union – Sri Lanka Investor Dialogue will take place in July 09 in Colombo, to foster explore new partnerships and expand existing ones, a business chamber of businesses linked to Europe said.The European Chamber of Commerce of Sri Lanka (ECCSL) said investment promotion minister Lakshman Yapa Abeywardene and […]

Rights group condemn Sri Lanka media code

June 20, 2013 (AFP) – International rights groups on Thursday condemned moves by Sri Lanka’s government to introduce a code of ethics for journalists, saying it would further undermine press freedom.Local journalists have already criticised the planned media code, which is set to be adopted shortly by lawmakers, as being too sweeping and now international […]

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