Category:
” consumers, US trails: study
WASHINGTON, May 7, 2008 (AFP) – Inhabitants of Brazil and India have the world’s most environmentally-sustainable lifestyle and Americans have the least, according to a new study tracking global attitudes towards consumption and the environment. The survey by the National Geographic Society establishes a “Greendex” — an index measuring the economic impact of consumer lifestyle […]
‘s paper degrees and learning culture
May 08, 2008 (LBO) – As an educator, I have found the economic transaction at the heart of education to be deeply problematic. If I was selling bread, and gave the customer less than what she paid for, she’d be outraged and haul me before the Consumer Protection Authority, if not worse. When in the […]
Iraq, Sri Lanka, Pakistan on journo killer list: rights body
VIENNA, May 8, 2008 (AFP) – Ninety-three journalists were killed in 2007, almost half of them in Iraq, the International Press Institute media watchdog said in its annual press freedom review published Thursday.The figure was the second highest in a decade after 2006, which saw 100 journalists’ deaths, according to IPI figures. Forty-two journalists died […]
‘s displaced
May 8, 2008 (AFP) – A United Nations agency Thursday appealed for 36 million dollars to feed thousands of Sri Lankans displaced by fighting between troops and rebels amidst galloping global commodity prices. The World Food Programme (WFP) now feeds more than a million Sri Lankans, of whom 400,000 have been internally displaced. “The World […]
Sri Lanka warned off short-term debt as T-bills opened to foreigners
May 07, 2008 (LBO) – Standard & Poor’s (S&P) has warned of the narrowing maturity of Sri Lanka’s commercial debt just as the country opened its Treasury bill market to foreign investors. “The rising share of external debt, estimated at about 49 percent of total, and within that, the proportion of more expensive and shorter-maturity […]
Profit Growth
May 07, 2008 (LBO) – Sri Lanka’s Nations Trust Bank (NTB) group profits grew 41 percent to 144.2 million rupees in the March quarter with total revenue growing by half, interim results filed with the stock exchange showed. Group revenue was up 50 percent to 2,991 million rupees and interest expense grew 58 percent to […]
Sri Lanka tea exports to Iran face high duties, packet ban
May 07, 2008 (LBO) – High import duty rates and a ban on packet tea imports by Iran is preventing Sri Lankan tea exporters from better penetrating a potentially lucrative market, industry officials said. Instead, a lot of the Sri Lankan tea that reaches Iran is smuggled over its borders, with Dubai as the region’s […]
Netting Victims
May 07, 2008 (LBO) – Hundreds of Indian victims of the Goldquest scheme are flocking to police to lodge complaints after courts ordered authorities to re-open investigations in to the scheme, media reports said. By Tuesday, more than 600 victims who lost their money in the Goldquest’s multi-level scheme had filed complaints, Times of India […]
Brand Value
May 07, 2008 (LBO) – Dialog Telekom, Sri Lanka’s top celco has been named the most valuable brand in Sri Lanka in a ranking by Brand Finance, the company said Wednesday. The Dialog brand has been valued at 12.4 billion Sri Lanka rupees, retaining its place from last year. The ranking uses publicly available data […]
Sri Lanka a blue whale watching hot spot
May 07, 2008 (LBO) – Sri Lanka may be one of the easiest places to watch whales, allowing it to become a global top spot to watch blue and sperm whales, a researcher and an eco-tourism specialist have said. “I think Sri Lanka has enormous potential to be a whale destination,” marine biologist Charles Anderson, […]
‘s Bharti joins 700-million-dollar cable project linking Britain
BANGALORE, India, May 7, 2008 (AFP) – Bharti Airtel, India’s top mobile-phone operator, said Wednesday it had joined a consortium to build a 700-million-dollar submarine cable system. Bharti signed a construction and maintenance agreement in London for the Europe India Gateway (EIG), the first high-bandwidth, optical-fibre cable system from India to Britain, the company said. […]
UAE urged to limit foreigner visas to six years
DUBAI, May 7, 2008 (AFP) – The United Arab Emirates, whose booming economy functions thanks to millions of foreign workers, has been urged to put a six-year cap on their residency, a local newspaper reported on Wednesday.The internal affairs and defence committee of the consultative Federal National Council (FNC), said the workers should leave the […]