Author: lbostgadmin
Iran moots idea of international Islamic human rights court
KUALA LUMPUR, March 6, 2007 (AFP) – Iran has mooted the idea of an international court focussing on Islamic human rights issues, a report said Tuesday. Ayatollah Mahmoud Hashemi Shahroud, Iran’s chief of judiciary system, said during a visit to Malaysia that his country has formed a secretariat to look into the matter, the New […]
’t smell rotten fish
BANGKOK, March 6, 2007 (AFP) – Five Thai fishermen died and two were taken to hospital after inhaling gas released by rotting fish in the hold of a trawler, police said Tuesday.They fainted at the smell of the decomposing fish kept in the bottom of the trawler along the Andaman coast of southern Thailand on […]
Global shares rally but analysts warn of possible turmoil ahead
LONDON, March 6, 2007 (AFP) – European and Asian share prices rebounded on Tuesday following recent heavy falls as US Treasury Secretary Henry Paulson reassured that Asia’s two biggest economies, Japan and China, remained sound. On Wall Street, shares closed lower Monday following declines across Europe and Asia, with the Dow Jones index shedding 0.53 […]
Helping Hand
March 06 (LBO) – Sri Lanka is trying to make it easier for disabled people and the aged to use public transport like trains and buildings, a government official said Tuesday. The conference is jointly organised by the social services ministry, Practical Action-South Asia Programme, Disaster Relief Monitoring Unit of the Human Rights Commission Sri […]
’s tourist numbers
March 06, 2007 (LBO) – Visitors from Pakistan and India helped boost Sri Lanka’s tourist numbers in January while shy western Europeans continued to disappoint the war-torn Indian Ocean island. In January 56,000 tourists came to the island up 8.5 percent over the previous year with Pakistani arrivals growing by 171 percent to 2,300 and […]
People Power
March, 06 (LBO) – People’s Bank, a state bank has reported consolidated after tax profits of 3,997 billion rupees for, up 28 percent over the previous year, while the bank’s stand alone profits grew 20 percent to 3,350 million rupees, in its 2006 provisional results. The bank’s revenues grew 28.5 percent to 34.95 billion while […]
Vanik Money
March 06, 2007 (LBO) – The merchant bank Vanik Incorporation said it had given 51 percent control of its money broking unit to employees, in a bid to retain skilled staff. Vanik had originally told creditors who had an arrangement with the firm, that it would sell 40 percent of Vanik Money Brokers Ltd (VMBL) […]
Leg Up
March 06 (LBO) –International Finance Corporation (IFC) is looking for opportunities to help top Sri Lankan firms venture abroad, and is aiming to more than double its portfolio over two years, officials said. On Tuesday IFC had signed up with Nations Trust Bank to provide trade finance guarantees, following a similar agreement with National Development […]
Cricket: Sri Lanka World Cup squad profiles
BRIDGETOWN, Barbados, March 5, 2007 (AFP) – Penpix of Sri Lanka’s World Cup squad Mahela Jayawardene (RHB/RAM/Capt.) Age: 29. ODI appearances: 236. First cap: v ZIM, Colombo, Jan 24, 1998 A fine technician with an excellent temperament, he has settled in as captain after Marvan Atapattu was injured. Under him, Sri Lanka are a well-knit […]
‘ eyes on China
TOKYO, March 5, 2007 (AFP) – Asian stock markets came under fresh selling pressure in early trade on Monday, tracking Wall Street lower amid continued anxiety about the health of global markets, dealers said.They said that investors in the region were keeping a close watch on the Shanghai market where share prices extended losses in […]
Tele Focus
March 05 (LBO) – The possible exit of Japan’s NTT from Sri Lanka Telecom continues to garner investor interest with market expectations of a possible buyout by Malaysian mobile operator, Maxis. But SLT has declined to comment specifically on the deal, saying NTT was satisfied with SLT’s performance. “I think amongst those projects the companies […]
Defence Support
March 05 (LBO) – Sri Lanka and the United States has signed a deal to give reciprocal logistical support for the military forces of the two countries, the US embassy in Colombo said Monday. The 10-year agreement which will provide a framework for increased interoperability of the forces of the two countries has been signed […]