Author: lbostgadmin
‘s mistakes taught Singapore to do different: Lee Kwan Yew
August 31, 2007 (LBO) – The mistakes of Sri Lanka and other newly independent ‘failed states’ made Singapore go in a different direction, its founding prime minister told the International Herald Tribune (IHT) in an interview. Lee Kwan Yew, now minister mentor, said when Singapore broke off from the Malayan Federation it had a hostile […]
Sri Lanka journalists march against intimidation
Aug 30, 2007 (AFP) – Dozens of Sri Lankan journalists took to the streets Thursday to condemn censorship and support a columnist who exposed alleged corruption in the purchase of second-hand supersonic jets.Reporters, cameramen and editors carried placards and chanted slogans outside the main railway station in Colombo, expressing solidarity with Iqbal Athas of the […]
” for injury
Aug 31, 2007 (AFP) – Sri Lanka’s star spin bowler Muttiah Muralitharan believes he will need just rest not surgery for his nagging shoulder injury, his manager said Friday.“He needs rest for about four weeks and physiotherapy,” manager Kushil Gunasekera told AFP. The off-spinner will return to Colombo as scheduled on Sunday from his English […]
Sri Lanka wins 200m bronze at Osaka
August 31, 2007 (LBO) – Sri Lanka’s Susanthika Jayasinghe won the bronze medal for the women’s 200 meter event at the international athletics championships in Osaka Friday. Jayasinghe was disqualified for the 100 meter event due a false start. Allyson Felix won gold with a time of 21.81 seconds and Jamaica’s Veronica Campbell won silver […]
Factory worker to tax chief to finance minister of economic powerhouse
BEIJING, Aug 30, 2007 (AFP) – Starting off as a machine factory worker, Xie Xuren worked his way up through the ranks of China’s ruling Communist Party to on Thursday become the nation’s finance minister.According to the official biography, Xie also boasts engineering credentials from when he served as a worker, technician, machinist and deputy […]
Dollar rangebound ahead of speech by US central bank chief
TOKYO, Aug 31, 2007 (AFP) – The dollar was rangebound in cautious Asian trade Friday as investors waited for a speech by the US central bank chief after recent volatility over the housing sector, dealers said.The dollar inched up to 115.99 yen in Tokyo morning trade from 115.86 in New York late Thursday. The euro […]
” talk
NEW YORK, Aug 30, 2007 (AFP) – Specialized blogs are abuzz this week with rumors that Internet giant Google will soon launch the “Google Phone” or “GPhone,” a cheap mobile phone equipped with Google’s operating system. Several hackers have recently boasted of having found the way to “unblock” the iPhone and make it work with […]
Zimbabwe orders wage freeze to combat 7,600% inflation
HARARE, Aug 31, 2007 (AFP) – Zimbabwe President Robert Mugabe has banned all pay rises without authorisation and given himself extra powers in a new bid to curb the world’s highest inflation rate, state media said Friday. As part of the measures, all rents, school fees and service charges must be frozen for the next […]
Techy Production
August 31, 2007 (LBO) – MAS Intimates, a division of Sri Lanka’s MAS Holdings specializing in lingerie, has won a top award by the enterprise resources software maker SAP for the deployment and use of its technology, the group said.Operating 28 manufacturing facilities worldwide, MAS offer design services through studios in the UK and Hong […]
Sri Lanka smallholder tea factory capacity outgstrips leaf
August 31, 2007 (LBO) – Sri Lanka’s tea industry in the southern part of the region where low grown teas are cultivated mainly by smallholders have too many factories chasing the available leaf supply, a top industry official said. Smallholders, who now produce more than half the island’s tea crop, have grown rapidly in the […]
Sri Lanka central bank talks up the rupee
August 31, 2007 (LBO) – Sri Lanka’s central bank is talking up the rupee saying a one percent fall in the currency during the past two weeks is ‘unwarranted’ because exports are strong, imports weak and remittances are flowing in.The comments came after the spot dollar broke the 113.00 rupee barrier this week and the […]
No Rules
August 30, 2007 (LBO) – Sri Lanka power engineers have called off all industrial action including a non co-operation campaign following a second meeting with senior government officials. The Ceylon Electricity Board Engineers Union (CEBEU) met senior government officials at Temple Trees on Tuesday following an initial meeting on Sunday. Union officials said most of […]