Author: lbostgadmin
India to attend Nobel ceremony: report
NEW DELHI, December 7, 2010 (AFP) – India will attend Friday’s Nobel peace prize ceremony in Oslo for jailed Chinese dissident Liu Xiaobo, the country’s national news agency said on Tuesday. The Press Trust of India (PTI) did not give details or say who will represent India at the ceremony. Indian Foreign Ministry spokesman Vishnu […]
Open Door
SAN FRANCISCO, December 8, 2010 (AFP) – Amazon will make its Kindle electronic books available for reading on Web browsers beginning early next year, with people’s digital collections saved in the Internet “cloud.” Amazon executives on Tuesday showed off “Kindle for the Web” at a Google press event introducing a new, swifter version of the […]
Thai Crackdown
BANGKOK, December 8, 2010 (AFP) – Thai authorities said Wednesday they had arrested 45 migrants from Sri Lanka in the latest of a series of crackdowns in recent months. The Sri Lankans, who were rounded up at a crowded apartment in a Bangkok suburb, appear to be economic migrants hoping to travel to a third […]
Getting Choosy
Dec 08, 2010 (LBO) – Britain intends to restrict entry of foreigners for study with tougher criteria for adult students and stricter accreditation procedures for private sector education providers, a statement said. They aim to ensure students return overseas after their course, limit entitlements to work and to sponsor dependants and simplify procedures for checking […]
Sri Lanka runs out of chicken as tourists flock to island
December 8, 2010 (AFP) – Sri Lanka is set to import chicken for the first time in over two decades as consumption zooms due to a tourist bonanza and rising incomes on the formerly war-ravaged island, a minister said Wednesday. Trade Minister Johnston Fernando said he had ordered the import of 2,500 tonnes of chicken […]
Sri Lanka in US cruise call for 2011
Dec 08, 2010 (LBO) – Sri Lanka has been included in South Asian cruises run by Zegrahm, a US based cruise company, with calls at three key ports in the island in 2011, according to the travel calendar released by the firm. Sri Lanka ended a 30-year war in May 2009 and the country has […]
Paradise Road
Dec 08, 2010 (LBO) – Sri Lanka is considering having “concessionary” bus fares at peak hours to help “private and public workers” one of the country’s transport ministers have told parliament, a media report said The minister for ‘private transport services’ C B Ratnayake was quoted as saying in the Daily Mirror newspaper that a […]
Sri Lanka stocks fall amid IPO debut
Dec 08, 2010 (LBO) – Sri Lanka stocks closed 0. 2 percent lower Wednesday, extending losses as Laufgs Gas, a liquefied petroleum gas distributor debuted on the market closing four rupees above its offer price. The All Share Price Index closed at 6,454. 31, down 0.23 percent (14.77 points) while the Milanka index of liquid […]
Sri Lanka Treasuries steady
Dec 08, 2010 (LBO) – Sri Lanka Treasuries yeilds were steady at Wednesday’s despite raising fresh debt, the government’s debt office said. The 3-month yield edged 01 basis point lower to 7.27 percent, the 6-month yield was flat at 7.39 percent and the 12-month yield was also flat at 7. 55 percent. The government sold […]
”: CB governor
Dec 08, 2010 (LBO) – The Sri Lankan rupee was allowed to appreciate against the dollar in the ‘national interest’ with the government having to balance conflicting interests, central bank governor Nivard Cabraal said. Steady State “We thought by depreciating the rupee we were doing a great job, that export income goes up, but where […]
Sri Lanka beaten by China in Asian outsourcing race: IBM report
Dec 07, 2010 (LBO) – Sri Lanka and China are emerging as key destinations for services investments, while Phillipines has overtaken India as the top ranked outsourcing centre, a report by IBM, a global information technology firm has said. In IBM’s Global Location Trends report for 2010 Philippines claimed top place displacing India for the […]
Sri Lanka got N Korea arms despite US protests: leaked cables
WASHINGTON, December 6, 2010 (AFP) – US diplomats play a major role in trying to prevent arms from reaching world hotspots, but cables released to The New York Times show an uphill battle against the likes of Iran, Syria and North Korea. In one cable given to the paper by WikiLeaks, Syrian President Bashar al-Assad […]