Sri Lanka ranked 19th in creative productivity index by ADB

Sep 15, 2014 (LBO) – Sri Lanka ranked 19th in creative productivity index which was jointly developed by Asian Development Bank and Economist Intelligence Unit (EIU) to give policy makers a to assess how best to foster creativity and innovation in 22 Asian economies.“As countries seek to innovate to avoid middle-income traps, all governments especially […]

Trade Agreement

September 10, 2014 (LBO) – Sri Lanka and China in talks to finalize a free-trade agreement which would bring substantial economic and trade benefits to the two countries, with both governments expressing hope that the deal will be implemented at an early date. Mutual Recognition of Standards Lack of mutual recognition of standards between two […]

Sri Lanka to minimize the application of Agro chemical in agriculture

September 05, 2014 (LBO) – Sri Lanka cabinet has given approval to the progamme of work to minimize the application of agro chemicals in agriculture in the Island, a statement said. The programme was submitted to the Cabinet by Mahinda Yapa Abeywardena, Minister of Agriculture. Sri Lanka imports 8000 metric tons of agro chemicals and […]

COLOMBO, September 3, 2014 (AFP) – A retired Sri Lankan soldier died on Wednesday, a day after setting himself alight in what police said was a protest against UN moves to investigate the country’s war record.The 73-year-old man set himself on fire on Tuesday near President Mahinda Rajapakse’s tightly-guarded residence in Colombo, police spokesman Ajith […]

Free Trade

September 03, 2014 (LBO) – Sri Lanka and China in talks to finalise a free-trade agreement which would bring substantial economic and trade benefits to the two countries, with both governments expressing hope that the deal will be implemented at an early date. Coverage of Goods For most of China’s FTAs partners, the agreements have […]

Refugee Law

GENEVA, August 13, 2014 (AFP) – The UN refugee agency on Tuesday accused Sri Lanka of breaking international law in its growing campaign to kick out Pakistani asylum seekers without a fair hearing.“Fundamentally, this is a breach of the principle of no forced returns. That’s a clear violation of international law,” said Adrian Edwards, spokesman […]

India lashes WTO, defends decision on failed trade deal

NEW DELHI, August 5, 2014 (AFP) – India on Tuesday defended its decision to scuttle a landmark worldwide trade deal, saying it needed to take a tough stand at the WTO to ensure the survival of its impoverished farmers.Trade Minister Nirmala Sitharaman also lashed out at the World Trade Organization, accusing it of foot-dragging on […]

Economic Migrants

SYDNEY, August 4, 2014 (AFP) – Asylum-seekers held on an Australian customs vessel at sea for weeks were given lifeboats and told to make their own way back to India, a lawyer for the group said Monday.The boatload of 157, who lawyer Hugh de Kretser said were mostly Christian Tamils fleeing persecution in Sri Lanka, […]

China-India energy rivalry in spotlight as Modi visits Nepal

KATHMANDU, August 2, 2014 (AFP) – Energy will be high on the agenda when India’s new Prime Minister Narendra Modi visits Nepal on Sunday, eager to claw back lost ground in the race for resources with China. “It makes more sense for Delhi and Beijing to work together — whether it’s a case of using […]

Nationalist Move

SYDNEY, August 2, 2014 (AFP) – Some 157 asylum-seekers who were detained at sea for weeks by Australia have been sent to the Pacific island of Nauru after rejecting a return to India, officials said Saturday.The group, thought to be mostly ethnic Tamils from Sri Lanka and including 50 children, left the Indian port of […]

Economic Claim

SYDNEY, July 28, 2014 (AFP) – A group of 157 asylum-seekers held for weeks on the high seas on an Australian customs vessel were likely economic migrants from India, Immigration Minister Scott Morrison said Monday.“The indications are… that there are a very large number of people on this ship that had been resident in India […]

‘s far north sparks mystery

MOSCOW, July 26, 2014 (AFP) – A vast crater discovered in a remote region of Siberia known to locals as “the end of the world” is causing a sensation in Russia, with a group of scientists being sent to investigate. The giant hole in the remote energy-rich Yamalo-Nenetsky region first came to light in a […]

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