Slender Loris gasps for survival as urban India expands

BANGALORE, India, June 27, 2006 (AFP) – Hunted for centuries for its purported qualities as an aphrodisiac, asthma cure and as a kind of living voodoo doll, the tiny primate known as the Slender Loris has long faced a battle just to survive.But the biggest threat to the rare nocturnal animal, which has a distinctive […]

Regional, bilateral trade pacts threaten to weaken WTO

PARIS, June 27, 2006 (AFP) – Regional and bilateral trade pacts forged outside the scope of the World Trade Organization are increasingly attractive, undermining the WTO just as it struggles to stitch together a new global deal to boost commerce. Although trade ministers are to convene Thursday in Geneva to mount a last-ditch effort to […]

‘s Arcelor deal

NEW DELHI, June 27, 2006 (AFP) – Takeovers of major western companies by emerging market players, particularly from India and China, will escalate as they chase growth outside their traditional home markets, analysts say.“It will be critically important to know these challengers well and to use that knowledge in making key business decisions.Decisions made without […]

Adding Beds

June 27, 2006 (LBO) – Sri Lanka’s Asha Central Hospital has bought land in Colombo to build a new 200-bed hospital, its Managing Director said Tuesday. The attractive fiscal incentives offered by the government to attract foreign and local investment to the health care industry have also helped spur growth. The 180-perches block of land, […]

Foundation Stone

June 27, 2006 (LBO) – Sri Lanka’s President Mahinda Rajapakse Tuesday launched a new state-own development bank aimed at assisting small and medium scale entrepreneurs. The Lankaputhra Development Bank, kicked off with 1.5 billion rupee seed capital from the treasury, with a further 2.0 billion rupees expected from the Private Sector Infrastructure Development Fund. “We […]

Sri Lanka needs to shake off its welfare state mentality: World Bank

June 26, 2006 (LBO) — Sri Lanka’s economic programmes must be protected from the political uncertainties of delicate coalitions and resolve the ethnic conflict, if it needs to make headway to tackle widespread poverty, the World Bank said Monday. “The more endemic problem is the attitude of entitlements associated with the popular perceptions that Sri […]

‘s armed conflict

June 26, 2006 (AFP) – Suspected Tamil Tiger rebels deployed a motorcycle riding suicide bomber to kill Sri Lanka’s number three army officer, Major General Parami Kulatunga, in a suburb of Colombo Monday.June 15, 2006: Blast rips through bus full of civilians, killing 64 and wounding 80. Tigers deny involvement. The Sri Lanka military responds […]

Top Sri Lanka army general assassinated

COLOMBO, June 26, 2006 (AFP) – One of Sri Lanka’s most senior army generals was assassinated Monday in a powerful bomb attack just outside the capital Colombo, police and hospital officials said.Major general Parami Kulatunga was driving along a main highway when his car was hit in an explosion that killed three others and wounded […]

Body parts litter Sri Lanka highway after suicide blast kills general

PANNIPITIYA, Sri Lanka, June 26, 2006 (AFP) – Blackened body fragments littered the highway and gardens of this Sri Lankan suburb after a suspected Tamil Tamil suicide bomber Monday assassinated a top Sri Lankan general. The burnt hulk of Major General Parami Kulatunga’s car lay askew near a ditch, its passenger side caved in completely […]

Army general killed in suicide bombing near Sri Lanka capital

June 26, 2006 (AFP) – A suspected Tamil Tiger suicide bomber assassinated the Sri Lankan army’s deputy chief of staff Monday, dealing another blow to the island’s unravelling peace process. Major General Parami Kulatunga, the army’s number three, was driving on a main highway in a Colombo suburb when police said the bomber rammed his […]

Sri Lanka blast aimed at scuttling peace: president

June 26, 2006 (AFP) – The assassination of a top army general Monday was aimed at sabotaging Sri Lanka’s peace process, President Mahinda Rajapakse said.Police have blamed the suicide bomb attack that killed Major General Parami Kulatunga and four other people, including the bomber, on the rebel Liberation Tigers of Tamil Eelam (LTTE). Rajapakse said […]

Hospital warned before Sri Lanka blast

June 26, 2006 (AFP) – Sri Lanka’s main hospital here received an anonymous warning phone call shortly before the assassination of a top army general Monday, a spokeswoman said. The caller, who spoke in halting Sinhalese, said hospital staff would carry out a “superior job” and that the hospital would have “more work than usual,” […]

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