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Study highlights financial links between doctors, industry
WASHINGTON, Oct 16, 2007 (AFP) – Nearly two-thirds of US medical school department chairs maintain some form of personal or financial links to the private sector, according to a study published Tuesday.The study, published in the October 17 issue of the Journal of the American Medical Association, also urges greater transparency and “underscore the need […]
Oil eases in Asia above 87 dollars
SINGAPORE, Oct 17, 2007 (AFP) – Oil prices eased slightly in Asia on Wednesday but remained above 87 dollars a barrel in a market worried over a potential Turkish incursion into northern Iraq. New York’s main oil futures contract, light sweet crude for delivery in November, was 18 cents lower in early morning trade at […]
Sri Lanka plays host to anti-terrorism meet
Oct 17, 2007 (LBO) –Experts on combatting terrorism are due to meet in Sri Lanka to share their experience on how democratically elected governments can face future challenges, a senior minister said Wednesday. The three-day meeting, which opens on Thursday, will also discuss how governments could counter international terror networks, foreign minister Rohitha Bogollagama said. […]
Sri Lanka delays opening of wildlife park after killings
Oct 17, 2007 (AFP) – Sri Lanka has put off re-opening its most popular wildlife sanctuary by another week after Tamil Tiger rebels overran an army post inside the park, officials said Wednesday.The Yala National Park, a popular tourist destination in the island’s southeast and home to leopards, elephants and migratory birds, will open after […]
Sri Lanka at bottom of world media freedom index
Oct 17, 2007 (LBO) – Sri Lanka has been ranked at the bottom of a world media freedom index prepared by Reporters Without Borders, a Paris-based international non-governmental organization that advocates media freedom. The island is ranked 156th, ahead of Iraq and behind Libya, among 169 countries covered in the Worldwide Press Freedom Index 2007. […]
Sri Lanka mulls introducing derivatives contracts
Oct 16, 2007 (LBO) – Sri Lanka’s financial sector has been advised to exercise caution in launching derivatives which are yet new instruments in the island.Derivatives are useful financial instruments that help manage risks and give depth to financial markets, Indian experts said. But designing and launching derivatives instruments can be tricky and two-thirds of […]
Minor Injuries
Oct 16, 2007 (LBO) – As global markets are going through a painful hangover from a US housing bubble, the head of a ‘big four’ accounting firm says Asia will remain largely unaffected. Jim Turley: I don’t think there is going to be a lasting effect of this on compliance cost because institutions that are […]
Sri Lanka seeks to lure visitors with local cuisine
Oct 16, 2007 (LBO) – Sri Lankan cuisine should be promoted as a new attraction for tourists that will give the local tourism industry a better edge and greater yields, officials with the tourism bureau say.Sri Lanka, with an array of different food items has ignored the qualities of food and has not paid enough […]
‘s Heathrow
LONDON, Oct 15, 2007 (AFP) – Two aircraft collided on the ground at London’s Heathrow Airport on Monday evening, an airport spokesman told AFP.“Heathrow Airport can confirm that two aircraft were involved in an incident on the ground earlier this evening,” the spokesman said. “There are no reported injuries and passengers are in the process […]
Sri Lanka apparel firm bags fair trade tag
Oct 16, (2007) A woven fabric processor of the Sri Lanka apparel giant Brandix has won fair trade certification, allowing the group to penetrate niche markets, the company said.Brandix Textiles had received the Fair Trade and Organic certifications from the Institute for Marketecology (IMO) of Switzerland. The Fair Trade and Organic certifications are an important […]
Environmentalists target iPhone for lawsuit
OAKLAND, California, Oct 16, 2007 (AFP) – Environmentalist lawyers are threatening to sue Apple in 60 days if the iconic US company doesn’t make iPhones greener or warn buyers of toxins in the devices.The Center for Environmental Health in Oakland, California, sent Apple notice on Monday after environmental activist group Greenpeace released a scientific analysis […]
Oil at record high above 86 dollars in Asia
SINGAPORE, Oct 16, 2007 (AFP) – Oil traded at a record high in Asia of 86.29 dollars a barrel on Tuesday amid mounting tension between Turkey and Kurdish rebels in Iraq.In early morning trade New York’s main oil futures contract, light sweet crude for delivery in November, was 16 cents higher than the 86.13 dollars […]