‘s monetary policy

January 16, 2007 (LBO) – Sri Lanka’s Central Bank has handpicked few private sector professionals to lend a hand to shape the island’s monetary policy, governor Nivard Cabraal said Tuesday. Economist A D V de S Indraratne will head the Monetary Policy Advisory Committee which also includes Sohli Captain, Cubby Wijetunga, Mahen Dayananda, Prithi Jayawardene, […]

Fresh Sri Lanka violence kills 41: military

Jan 16, 2007 (AFP) – At least 30 Tamil rebels and 11 security personnel were killed in Sri Lanka on Tuesday in an upsurge of violence, officials and the defence ministry said. Sri Lankan troops backed by warplanes launched a fresh offensive against Tamil Tiger rebels early Tuesday, killing at least 30 guerrillas for the […]

Tiger torture chambers found in Sri Lanka: defence ministry

COLOMBO, Jan 16, 2007 (AFP) – Commandos in Sri Lanka have found “torture chambers” used by the Tamil Tiger rebels to punish informants and deserters, the country’s defence ministry said Tuesday.The STF said one trooper was wounded in its recent offensive and claimed that a large number of rebels were killed or wounded during the […]

Rebel “torture chambers” found in Sri Lanka: defence ministry

Jan 16, 2007 (AFP) – Commandos in Sri Lanka have found “torture chambers” used by the Tamil Tiger rebels to punish informants and deserters, the country’s defence ministry said Tuesday. Special Task Force (STF) commandos found the chambers at a rebel camp in the eastern district of Ampara during a nine-day offensive, which ended at […]

Govt-opposition deal in Sri Lanka to end

Jan 16, 2007 (AFP) – A landmark deal between Sri Lanka’s ruling party and the main opposition to bring a political solution to the island’s ethnic conflict collapsed Tuesday as fighting escalated, officials said.Opposition leader Ranil Wickremesinghe met President Mahinda Rajapakse and urged him not to bring opposition lawmakers into the cabinet, a move the […]

Athletics: Sri Lankan sprinter cleared of doping

Jan 16, 2007 (AFP) – A Sri Lankan woman sprinter who was accused of doping during the South Asian Games in Colombo last year has been cleared of the charge, officials said on Tuesday. Jani Chathurangani de Silva, a double medallist at the August 2006 Games, tested positive for the anabolic steroid nandrolone, and was […]

‘s freest economy

HONG KONG, Jan 16, 2007 (AFP) – Hong Kong has been ranked as the world’s freest economy ahead of rival Singapore in a report released on Tuesday by a right-wing American think-tank, The Heritage Foundation. The ranking by the Washington-based organisation puts the former British colony at the top of its Index of Economic Freedom, […]

Connecting Points

Jan 16, 2007 (LBO) – Japan on Tuesday gave Sri Lanka 30 million rupees to design a new bridge connecting Mannar to the mainland, the finance ministry said. The grant will be used to draw up a detailed design of a 157.1 metre, ten-metre wide bridge and to improve and expand the causeway between the […]

Sri Lanka troops kill five Tigers

Jan 15, 2007 (AFP) – Government forces killed at least five Tamil Tiger rebels during long-range artillery exchanges in Sri Lanka where six civilians were also shot dead, military officials said Monday.The Liberation Tigers of Tamil Eelam targeted army positions in the eastern district of Batticaloa on Sunday and troops retaliated killing three guerrillas, a […]

‘s Asgiriya stadium

Jan 15, 2007 (AFP) – The historic Asgiriya stadium in Sri Lanka’s hill resort of Kandy is to be replaced by a brand new venue in the same area, a senior cricket official said on Monday. Sri Lanka Cricket (SLC) secretary K.Mathivanan said an agreement would be signed next week with the island’s foreign investment […]

Sri Lanka violence kills 11, commandos take Tiger bases

Jan 14, 2007 (AFP) – At least five soldiers and six civilians were killed in Sri Lanka as Tamil Tiger rebels and government troops traded long-range artillery fire in the island’s restive east, officials said Sunday. The rebel Liberation Tigers of Tamil Eelam (LTTE) fired artillery at army positions in Mankerni in the district of […]

‘s bakery in Mumbai fights inflation, globalisation

MUMBAI, Jan 14, 2007 (AFP) – Tirandaaz Irani’s morning shift at the Yazdani Bakery and Restaurant in Mumbai’s historic Fort district is pretty much the same every day, and he’s hoping to keep it that way even as the city changes drastically around him. The nearly century-old bakery, set amid crowded streets lined by massive […]

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