Maldives get 600,000 tourists in 2008
January 23, 2008 (LBO) -- The Maldive Islands, a key market of two listed Sri Lankan leisure groups, greeted over 600,000 holidaymakers in 2007, the tourism …
Other
Global markets take wild ride as Fed makes surprise cut
NEW YORK, Jan 22, 2008 (AFP) - Global stock markets saw some relief from the mayhem of the past few days as the US Federal Reserve's surprise rate cut helped …
Central banking under microscope as Fed looks for easy way out
WASHINGTON, Jan 22, 2008 (AFP) - The Federal Reserve's emergency rate cut Tuesday will deliver a jolt of stimulus to an ailing US economy but may be too little …
Safe Place
Jan 23, 2008 (LBO) – Sri Lanka is a safe place to travel in, Sri Lanka's chief justice Sarath Silva told delegates of an international law conference in …
Current market crisis is ‘worst in 60 years’: Soros
LONDON, Jan 23, 2008 (AFP) - The current crisis in the world financial markets is the worst "in 60 years", billionaire investor George Soros wrote in the …
Southeast Asia may face biggest impact from US slowdown: IMF
WASHINGTON, Jan 22, 2008 (AFP) - Southeast Asia will face stiffer export competition from China and likely bear the brunt of any impact in Asia from a major …
EU warns of US recession as stocks dive
BRUSSELS, Jan 21, 2008 (AFP) - Top European finance officials sounded the alarm on Monday about a possible US recession as fears about the health of the …
Saudi shares nosedive almost 10 percent
RIYADH, Jan 22, 2008 (AFP) - The Saudi stock market, by far the largest in the Arab world, dropped sharply at the end of trading Tuesday, shedding almost the …
Governments urge calm in face of market turmoil
PARIS, Jan 22, 2008 (AFP) - Leaders in Asia and Europe appealed for calm Tuesday and called for international cooperation in the face of a galloping global …
Europe tell US to tackle the real causes of market turmoil
BRUSSELS, Jan 22, 2008 (AFP) - The European Commission's top economic official, Joaquin Almunia, called Tuesday on the United States to tackle its deficits, …
Fed slashes US interest rates to 3.50 percent
WASHINGTON, Jan 22, 2008 (AFP) - The US Federal Reserve slashed its key federal funds short-term interest rate by three quarters of a percentage point to 3. …
LawAsiaICT2008
Jan 22, 2008 (LBO) - Sri Lanka and other Asia-Pacific nations must work out common procedures to apply laws so that electronic crimes do not proliferate, the …
Sri Lanka desiccated coconut exports restrained by nut shortfall
Jan 21, 2008 (LBO) -- Sri Lanka's exports of desiccated coconut (DC) were far below the island's potential last year due to insufficient coconuts to keep mills …
Sri Lanka to tackle young Australian guns
MELBOURNE, Jan 21, 2008 (AFP) - A number of Australian Test hopefuls will get the chance to stake their claim for higher honours when they play for the Prime …
World shares tumble as Bush plan disappoints
LONDON, Jan 21, 2008 (AFP) - Global stock markets plunged on Monday as US President George W. buy zoloft online …
Carbon Disclosure Project to assess world business CO2 footprint
WASHINGTON, Jan 20, 2008 (AFP) - The Carbon Disclosure Project (CDP), a consortium of 315 top institutional investors assessing industries about their CO2 …
Britain’s three-wheelers driven off the road
LONDON, Jan 19, 2008 (AFP) - Britain's first fleet of tuk-tuks have been run off the roads by "archaic legislation", the owner said Saturday. online pharmacy …
India software giants wary of US slowdown
BANGALORE, India, Jan 20, 2008 (AFP) - India's major software firms say a US economic slowdown may bring more customers seeking cost savings, but analysts warn …
Criminal Risk
Jan 19, 2007 (LBO) – The legality of Sri Lanka's casinos is uncertain and the lack of supervision could opened them to be controlled by criminals, the …
Counter Terror
Jan 19, 2007 (LBO) – The United States has said Sri Lanka could get more support in its war against Tamil Tiger terrorism if the island improves its …