Author: lbostgadmin
Myanmar needs more aid for urgent needs: relief groups
YANGON, May 12, 2008 (AFP) – Aid groups said Sunday that supplies trickling into cyclone-hit Myanmar were far less than was needed, as the faltering relief effort suffered a new blow with the sinking of a Red Cross boat. The boat, carrying vital supplies of drinking water, rice, and purification tablets, hit a submerged tree […]
China inflation at 8.5 percent in April: govt
BEIJING, May 12, 2008 (AFP) – China’s inflation rate hit 8.5 percent in April, remaining near 12-year highs, the National Bureau of Statistics said Monday. The figure comes on top of 8.3 percent consumer price inflation in March and 8.7 percent in February. China has made inflation control a top priority for economic policy-making this […]
Thousands killed in powerful China quake
BEIJING, May 12, 2008 (AFP) – A massive earthquake rocked southwest China on Monday killing thousands of people and flattening schools and homes in a powerful tremor that was felt across a swathe of southeast Asia.The quake, with a magnitude of 7.8, struck close to densely-populated areas of Sichuan province including the capital Chengdu. It […]
Polish woman who saved 2,500 Jewish children dies
WARSAW, May 12, 2008 (AFP) – Irena Sendler, a Polish woman who saved 2,500 Jewish children from the Warsaw Ghetto during the Nazi occupation in World War II, died Monday in Warsaw aged 98, her daughter confirmed.“She died today,” Janina Zgrzembska told AFP. A social worker, Irena Sendler worked with Warsaw’s poor Jewish families prior […]
Renault-Nissan, Bajaj announce cheap car project
PARIS, May 12, 2008 (AFP) – Renault-Nissan and the Indian group Bajaj announced a joint venture Monday to produce a 2,500-dollar (1,600-euro) car, with sales expected to begin in India in early 2011.The joint venture would be 50 percent owned by Bajaj Auto, 25 percent by Renault and 25 percent by Nissan, said a staement.The […]
Sri Lanka Ceylinco starts outpatient health insurance
May 12, 2008 (LBO) – Sri Lanka’s Ceylinco Insurance is offering cover for outpatient services which would be made available through a network of healthcare centres around the island, officials said. The Ceylinco National Health Policy sold at a premium of 500 rupees a year allows policy holders to get medical consultation at a Ceylinco […]
Converged Service
May 12, 2008 (LBO) – Sri Lanka Dialog Telekom says it is offering a new voice and broadband bundled service that can slash charges and reduce hardware costs, the company said in a statement. The ‘Box Office’ package by Dialog Broadband Networks subsidiary will combine voice telephony with private branch exchange facilities, WiMax services to […]
Sri Lanka Pelwatte Sugar losses mount
May 12, 2008 (LBO) – Pelwatte Sugar Industries said its March quarter net loss increased 57 percent pushing annual losses to more than half-a-billion rupees, while revenues fell. . Annual revenuea fell to 1.3 billion from 2.3 billion rupees, with a net loss of 574 million rupees for the year ended March 2008. The firm’s […]
Sri Lanka stocks fall in thin trading
May 12, 2008 (LBO) – Sri Lankan shares ended lower Monday in thin trading with Ceylon Theatres and its subsidiary Cargills (Ceylon) accounting for the highest turnover.The Colombo Stock Exchange All Share Index fell 0.36 percent (9.51 points) to 2,631.73 and the more liquid Milanka Index was down 0.66 percent (21.29 points) at 3,203.38 points. […]
Votes counted in Sri Lanka amid allegations of foul play
TRINCOMALEE, Sri Lanka, May 11, 2008 (AFP) – Vote counting was underway in eastern Sri Lanka Sunday after an election marred by Tamil Tiger attacks and allegations of intimidation by allies of the island’s hawkish government. . The elections for a provincial council in the tense eastern coastal area, which was until last year partly […]
Sri Lanka govt claims victory in key provincial polls
TRINCOMALEE, Sri Lanka, May 11, 2008 (AFP) – Sri Lanka’s government Sunday claimed victory in key provincial elections in the ethnically-mixed east of the island, saying the win is a major boost for its war against the Tamil Tigers.Election officials confirmed the government and its allies were on track to win control over a 35-member […]
Sri Lanka govt wins key polls in boost for war effort
TRINCOMALEE, Sri Lanka, May 11, 2008 (AFP) – Sri Lanka’s ruling coalition was Sunday declared the winner of key elections in the east of the island, and hailed its victory as a major boost for the war against Tamil rebels.Election officials confirmed the governing United People’s Freedom Alliance party (UPFA) and its allies had won […]