Most Chinese unhappy at work, seek big pay rises: survey

BEIJING, Jan 12, 2008 (AFP) – Fewer than one in eight Chinese are happy at work, with most complaining about dead-end jobs and wages eroded by record inflation, according to a new survey.Only 12.6 percent of respondents said they were satisfied with their jobs, while 50 percent said they were unhappy with working conditions, according […]

” choice for Americans, expert says

WASHINGTON, Jan 12, 2008 (AFP) – As adult obesity balloons in the United States, being overweight has become less of a health hazard and more of a lifestyle choice, the author of a new book argues.“Obesity is a natural extension of an advancing economy.As you become a First World economy and you get all these […]

‘s top donors concerned over latest fighting

Jan 12, 2008 (AFP) – Sri Lanka’s main financial backers Saturday voiced concern over the mounting bloodshed and called for a United Nations presence in the island. Japan, the United States, the European Union and Norway — the quartet known as the co-chairs — also expressed “deep concern” about rights abuses and called on Sri […]

Sri Lanka short of men to make capital safe: police chief

Jan 12, 2008 (LBO) — Sri Lanka does not have enough policemen to fully secure Colombo and public help is needed to fill the manpower gap in the capital, the island’s police chief said.“At moment Colombo has been given more policemen than other areas.But that is not enough, Inspector General Victor Perera told journalists. “They […]

Sri Lanka fighting intensifies ahead of Japanese envoy visit

Jan 12, 2008 (AFP) – Intense fighting across Sri Lanka’s embattled northern district have left at least 39 rebels and soldiers dead, the military said Saturday, ahead of a planned visit by a Japanese peace envoy.Japan, the island’s biggest aid donor, has voiced deep concern about the Colombo government’s decision last week to end its […]

Sri Lanka bond yields slightly up

Jan 11, 2008 (LBO) — Sri Lanka bond yields edged up slightly after Friday’s auction which raised two billion rupees for the government in one and two year bonds, dealers said.The central bank also sterilized 1.2 billion rupees of liquidity by selling 11-day bills at an average yield of 18.51 percent and a further 1.8 […]

Trade Links

Jan 11, 2007 (LBO) – Sri Lankan shipping officials have questioned the validity of a recent World Bank ranking on logistics that placed the island even below landlocked Uganda, despite Colombo’s position as a container transshipment hub. The criticism came at a videoconference discussion connecting audiences in Bangladesh, India, Pakistan, Nepal, Sri Lanka, and Washington […]

Railway Blast

Jan 11, 2008 (LBO) – A bomb exploded in the main railway station in Sri Lanka’s capital Colombo, injuring one person police said.Fighting between Sri Lanka government forces and the Tamil Tigers have intensified leaving at least 6,000 dead in since 2006, according to official figures. Updated The bomb was kept on a platform under […]

Joint Investment

Jan 11, 2007 (LBO) — Sri Lanka’s Hatton National Bank has signed up with City Union Bank to start an investment banking unit in India, the two banks said in a joint statement Friday. “The proposed Joint Venture Investment Banking entity will focus on serving the Indian market to deliver capital raising and advisory services […]

Transit Care

Jan 11, 2008 (LBO) – Sri Lanka’s overcrowded top state cancer hospital would get a 140 bed transit facility to house outpatients, the newly launched Colombo branch of a charity focusing on child patients said. Courage, Compassion and Commitment (CCC) Foundation was founded five years ago in Australia to support child patients at the National […]

Sri Lanka railway station blast in capital injures one

Jan 11, 2008 (LBO) – A bomb exploded in the main railway station in Sri Lanka’s capital Colombo, injuring one person, police said.The bomb which was kept on a platform under a stairway, went off around 7.30 pm local time witnesses said. Train services resumed at the station less than an hour after the blast. […]

Sri Lanka and India to fix coal power plant site this month: minister

Jan 11, 2008 (LBO) – Sri Lanka and India will finalize the site for a 500 MegaWatt coal fired joint venture power station this month, energy minister John Seneviratne said. About 25 percent of the householders, mostly in rural Sri Lanka do not have access to electricity. Seneviratne said an agreement has been sighed with […]

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