Category: Other
Sri Lanka top tea brand invests in plantations
July 07, 2010 (LBO) – Tea bag exporter Ceylon Tea Services, part of Sri Lanka’s Dilmah brand group, is to invest 233.3 million rupees in a tea plantations subsidiary of the parent firm, a statement said. Ceylon Tea Services said in a stock exchange filing that it bought 15,553,600 rights in Kahawatte Plantations from Forbes […]
Maldives president reappoints cabinet : official
July 7, 2010 (AFP) – Maldivian President Mohamed Nasheed on Wednesday reappointed his cabinet in a bid to end the power struggle between himself and parliament, an official said. Nasheed swore in his 13-member cabinet in the seafront capital of Male, giving ministers the same portfolio they had before they resigned last Tuesday, a senior […]
Celebrations as Dalai Lama turns 75
DHARAMSHALA, July 6, 2010 (AFP) – The Dalai Lama marks his 75th birthday on Tuesday, with thousands set to celebrate the occasion in his hometown-in-exile and events planned across the globe from Europe to Australia. The Nobel laureate will address a crowd of 5,000 fans and followers at his temple in McLeod Ganj, a hill […]
” on immigration
SYDNEY, July 4, 2010 (AFP) – Australia’s new Prime Minister Julia Gillard Sunday vowed not to let “political correctness” get in the way of tackling immigration, signalling a tough line on the issue. Gillard, who ruthlessly deposed former leader Kevin Rudd and solved the mining tax row that weakened him a week later, said people […]
Sri Lanka tea bag exports fall
July 02, 2010 (LBO) – Shipments of tea bags from Sri Lanka to Russia, the main market for tea, the island™s biggest export commodity, have fallen as high import duties on value added teas deter exports, latest data showed. The share of value added tea exports to the Russian market has been falling in recent […]
Sri Lanka cocoa price hike may prompt imports
July 02, 2010 (LBO) – Sri Lankan cocoa prices have shot up owing to cop failure and heavy demand for cocoa beans might prompt the confectionary industry to resort to imports, a trade body said. The Spices & Allied Products Producers™ and Traders™ Association (SAPPTA) said the price for a kilo of grade one cocoa […]
House arrest for Maldivian opposition MPs as crisis drags
July 1, 2010 (AFP) – A Maldivian court has ordered the house arrest of two key opposition lawmakers amid a power struggle between the country’s president and parliament, an official said Thursday. The Criminal Court of Male told police on Wednesday night to keep the two men under house arrest for three days, but the […]
Graft fears as massive cash sums fly out of Kabul: WSJ
KABUL, June 28, 2010 (AFP) – More than three billion dollars in cash has been flown out of Kabul in recent years amid fears that ill-gotten gains from corruption and narcotics are being stashed overseas, a report said Monday. The Wall Street Journal said the cash — more than the Afghan government collects in tax […]
Sri Lanka to encourage rubber production for tires
June 28, 2010 (LBO) – Sri Lanka is to encourage small farmers to produce more of a rubber grade suitable for tire manufacture which is in demand, officials said. Plantations industries minister Mahinda Samarasinghe said a policy decision was taken recently aimed at increasing production of the RSS 3 type rubber grade. Although most people […]
Imposed Rule
June 28, 2010 (LBO) – In the past four decades, whenever a political party or alliance secured a substantial majority of seats in parliament, that group of politicians has claimed the right to foist a new constitution on the people of this country. Constitution-making is not the prerogative, or indeed a legitimate function, of a […]
Pakistan and India to fight terrorism together
ISLAMABAD, June 26, 2010 (AFP) – Pakistan and India announced Saturday they would fight terrorism together and cooperate on the 2008 Mumbai attacks as India urged Pakistan to put more suspects on trial for the atrocity. Indian Home Minister P. Chidambaram and his Pakistani counterpart Rehman Malik have concluded two meetings in Islamabad with a […]
Bharti to invest 150 million dollars in Zain Zambia
LUSAKA, June 24, 2010 (AFP) – India’s mobile phone company Bharti Airtel plans to invest 150 million dollars in Zain Zambia, chief executive officer Manoj Kohli said on Thursday. It has also acquired the operations of Zain Zambia’s parent company, Zain Africa in 15 African countries, including Burkina Faso, Chad, Congo Brazzaville and Democratic Republic […]