Snazzy Gadget

NEW YORK, June 29, 2007 (AFP) – Apple’s iPhone, one of the most eagerly awaited devices in years, went on sale Friday with technology fashionistas queued up country wide to shell out at least 500 dollars for the cell phone-music/video player. Lines up to 400 people deep snaked from the doors of Apple and AT&T […]

Sri Lanka to focus on niche tourism to bring more foreign exchange

June 30, 2007 (LBO) – Sri Lanka’s Ministry of Tourism is kicking off a new drew to promote high spending niche tourism to the country with the appointment of a new advisory council led by the private sector. At the moment approximately 300,000 people in Sri Lanka depend on the tourism industry the ministry officials […]

Subsurface Threat

June 30, 2007 (LBO) – Sri Lankan security authorities plan to install underwater surveillance systems in Colombo harbour to enhance the defences of the port which handles most of the island’s trade. London’s Metropolitan Police said Chrishanthakumar is accused of receiving literature and manuals allegedly included information about underwater warfare and naval weapons systems and […]

Sri Lanka inflation jump 3.2 percent in June; yearly numbers trend down

June 29, 2007 (LBO) – Sri Lanka’s inflation rose 3.2 percent in June, though the 12-month increase in consumer prices fell to 13.0 percent from 13.7 percent, the government’s statistics office said. The seasonally adjusted increase in the Colombo Consumer Prices fell to 17.0 percent from 17.4 percent in May, the Department of Census and […]

Upward Revision

June 29, 2007 (LBO) – Sri Lanka has raised fuel prices by around 5 percent almost two months after the last price increase, after allowing petroleum utilities to run huge losses and the national currency to come under pressure. . Standard 90-octane petrol would increase by 5 rupees to 111 while standard auto Diesel would […]

Britain prosecutes Sri Lanka Tamil Tiger members for helping terrorism

LONDON, June 28, 2007 (AFP) – Two men appeared in court in London Thursday accused of membership of Sri Lanka’s Tamil Tiger rebels, banned in Britain as a terrorist organisation. Arunachalam Chrishanthakumar, also known as AC Shanthan, 50, and Goldan Lambert, 29, appeared at Westminster Magistrates Court, central London, charged under the Terrorism Act 2000. […]

Seven people wounded in Sri Lanka blasts

COLOMBO, June 29, 2007 (AFP) – At least seven people, including three soldiers, were wounded in two roadside bomb attacks in Sri Lanka’s north on Friday, officials said.Suspected Tamil Tiger rebels set off a Claymore mine at Cheddikulam in the district of Vavuniya as a civilian bus passed the area and wounded four civilian passengers […]

” in Sri Lanka

COLOMBO, June 29, 2007 (AFP) – The United States has voiced concern about the fate of 355 Sri Lankans who “disappeared” in recent months amid an escalation of the island’s ethnic conflict, the government here said Friday.US ambassador Robert Blake gave a list of 355 names of people whose whereabouts were unknown, the foreign ministry […]

Sri Lanka to bring back tough law to curb media: reports

June 29, 2007 (AFP) – Sri Lanka plans to bring back a tough criminal defamation law that was scrapped five years ago, reports said on Friday, drawing fire from media rights activists.Under the earlier law, journalists could be sentenced to two years in jail, but it was scrapped after local and international pressure. The reports […]

Sri Lanka says huge truck bomb found in eastern port town

June 29, 2007 (AFP) – Sri Lankan authorities Friday discovered a huge truck bomb in the north-eastern port district of Trincomalee, three days after finding a powerful mine in the capital, officials said.About 1,000 kilos (2,200 pounds) of explosives packed into a freezer truck was found at a fishing village in Trincomalee, 260 kilometres (160 […]

IMF chief to quit early as reform effort struggles

WASHINGTON, June 28, 2007 (AFP) – The head of the International Monetary Fund, Rodrigo Rato, said Thursday he will step down in October for personal reasons, casting a cloud over the major internal reform effort he launched.The IMF chief’s announcement comes as the 185-nation financial institution faces criticism that it serves the interests of wealthy […]

Smooth Notes

June 29 (LBO) – The Sri Lankan distributor of the latest Toshiba notebook computer is relying on good after sales service and the strength of well-known distributors to maintain an edge over competition. Analysts say that the personal computer market has been improving and they predict that in time to come laptops are bound to […]

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