Category:
Money Management
August 4, 2008 (LBO) – Sri Lankan savers, faced with the prospect of the value of their savings being eroded by record inflation, are being advised to save early in life and diversify to spread the risks. Top money management professionals say the public must adapt to financial planning while saving a part of the […]
Online Books
Aug 04, 2008 (LBO) – A Sri Lankan firm has started selling books by local authors on the internet with soft copies available for download, the company, Z-World said in a statement. The company said copies of books were available in pdf, a popular document compression format developed by the software firm Adobe. Buyers could […]
” to be housed in Bangladesh: Sri Lanka official
Aug 04, 2008 (LBO) – A South Asian ‘food bank’ to counter rising prices and perceived ‘shortages’ would be housed in Bangladesh, a Sri Lankan official said at the conclusion of a meeting of an eight nation regional grouping in Colombo.The food bank will have contributions from each country according to the size of its […]
Murdoch plans six new Indian regional TV channels
MUMBAI, August 4, 2008 (AFP) – Media mogul Rupert Murdoch on Monday announced plans to launch six new regional television channels in India, where the media is expanding at a frenetic pace.Murdoch has a strong television presence in Asia’s third-largest economy through leading broadcaster Star, a wholly owned subsidiary of the tycoon’s News Corp. “The […]
S Korea unveils plans to become regional oil storage hub
SEOUL, August 4, 2008 (AFP) – South Korea, the world’s fifth largest crude importer, Monday announced plans for a regional oil storage hub to create new business opportunities and ensure energy security.Existing bunker facilities at the southern ports of Yeosu and Ulsan will be expanded to hold a combined 28 million barrels, said the Vice […]
‘s takeover of Chinese steelmaker on hold: company
BEIJING, August 4, 2008 (AFP) – China Oriental said Monday a takeover of the firm by ArcelorMittal had stalled after Chinese regulators failed to give the green light to the proposed deal in the strategically key steel sector.China’s anti-trust regulator failed to approve the deal for ArcelorMittal to take a stake of more than 70 […]
Scores of Australians duped by Olympic ticket scam: reports
SYDNEY, August 4, 2008 (AFP) – Scores of Australians have been caught in an alleged global scam believed to have conned people worldwide into buying non-existent tickets to the Beijing Olympics, reports said Monday. The Sydney Morning Herald said one Brisbane man had spent 46,000 dollars (42,876 US) for tickets which never arrived while a […]
16 police killed in attack in China Muslim region: state media
BEIJING, August 4, 2008 (AFP) – Sixteen policemen in China’s Muslim-majority northwest were killed on Monday in a suspected terrorist attack, state media said, raising security fears four days before the Beijing Olympics.In one of the deadliest reported attacks in China in years, two men aimed a lorry at police officers jogging near their barracks […]
Six showdowns not to be missed at Beijing Olympics
PARIS, August 04, 2008 (AFP) – Six potential showdowns that should not be missed at the Aug 8-24 Beijing Olympics:- ATHLETICS Jeremy Wariner v LaShawn Merritt: The 100 metres might be the ‘blue riband’ event but the 400m is a purists dream and the battle between Wariner, the reigning Olympic champion, and his American compatriot […]
Sri Lanka political parties in joint call for media safeguards
Aug 04, 2008 (LBO) – Sri Lanka’s major opposition political parties have backed calls for an end to government intimidation of the media and demanded it ensure the safety of journalists. Eleven political parties have signed a joint statement defending media freedom in Sri Lanka and requesting the authorities to safeguard media freedom and guarantee […]
Erotic Fee
Aug 03, 2008 (LBO) – Sri Lanka has ordered internet firms to filter pornographic content, but adults could buy unrestricted access for special fee with password protection, a media report said.The Sunday Island newspaper quoting a Telecommunications Regulatory Commission of Sri Lanka (TRCSL) statement said President Mahinda Rajapaksa has ordered filtering sexually explicit content to […]
Sri Lanka minister says South Asian telecom watchdogs should swiftly cut tariffs
Aug 03, 2008 (LBO) – South Asian telecommunications regulators should quickly move to bring down overseas telephone tariffs, Sri Lanka’s foreign minister Rohitha Bogollagama said at the conclusion of a regional leaders’ meeting.Sri Lanka’s president Mahinda Rajapaksa raised the issue of cheaper call charges during his opening speech at the summit meeting of the South […]