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Biofuels, food crops straining world water reserves: experts
STOCKHOLM, August 24, 2008 (AFP) – Burgeoning demand for food to feed the world’s swelling population, coupled with increased use of biomass as fuel is putting a serious strain on global water reserves, experts said To receive instant alerts from LBO on your Dialog mobile type ‘act (space) lbo’ and send to 678 “If we […]
Sri Lanka ruling party in strong position for national polls
Aug 24, 2008 (LBO) – Sri Lanka’s ruling coalition has won convincingly over the main opposition and weakened a Marxist former ally in a provincial poll, placing the administration in a strong position to go for national polls on its own.The United Peoples’ Freedom Alliance (UPFA) led by the Sri Lanka Freedom Party of President […]
‘s ruling party wins provincial polls
Aug 24, 2008 (LBO) – Sri Lanka’s ruling coalition is securing comfortable wins in two provincial polls with large majorities in most polling divisions, official results show, increasing the likelihood of further polls in the months ahead, analysts say.A similar trend is seen in the Ratnapura and Kegalle districts of the Sabaragamuwa province, in polling […]
Offshore Firms
Aug 22, 2008 (LBO) – Sri Lanka is developing a new policy and rules for setting up offices of foreign companies in the island, with plans to increase a minimum deposit requirement, an official said.A higher deposit requirement – which is still to be decided – will only apply to new companies, the official said. […]
‘s Condor maintain flights
Aug 23, 2008 (LBO) – Sri Lanka tourism promotion office said it is negotiating lower airport fees and providing marketing support to keep Germany’s Condor charter flying to the country, during the 2008 winter season. “Condor’s uninterrupted operation every fortnight to Colombo will ensure a steady flow of German visitors to Sri Lanka,” Sri Lanka […]
‘s Kingfisher Airlines goes international with London route
NEW DELHI, August 23, 2008 (AFP) – India’s Kingfisher Airlines has announced it will launch its first international flight from the high-tech southern city of Bangalore to London next month. To receive instant alerts from LBO on your Dialog mobile type ‘act (space) lbo’ and send to 678 The daily non-stop Airbus A330-220 service to […]
Low cost Internet phone revolution beckons for India
NEW DELHI, August 23, 2008 (AFP) – Battle lines are being drawn after India’s telecoms regulator called for full-blown telephone services via the Internet, paving the way for another fall in the nation’s already cheap call rates. To receive instant alerts from LBO on your Dialog mobile type ‘act (space) lbo’ and send to 678 […]
British economic data shows slow growth as inflation spikes
LONDON, August 22, 2008 (AFP) – Britain’s economy stopped growing in the second quarter of 2008, recording the weakest quarterly growth rate for 16 years and leaving the country on the brink of recession, analysts said Friday. To recieve instant alerts from LBO on your Dialog mobile type ‘act (space) lbo’ and send to 678 […]
Oil prices plunge to US$114 after dollar firms
NEW YORK, August 22, 2008 (AFP) – Oil prices shed more than six dollars a barrel Friday after the dollar firmed and as the world’s second-largest pipeline appeared set to reopen. New York’s main contract, light sweet crude for October, fell 6.59 to close at 114.59 dollars a barrel. The benchmark futures contract was 82 […]
Sri Lanka captain expects batsmen to deliver
August 23, 2008 (AFP) – Sri Lanka captain Mahela Jayawardene is looking forward to an improved batting performance from his team in the third one-day international against India starting here on Sunday. To receive instant alerts from LBO on your Dialog mobile type ‘act (space) lbo’ and send to 678 Batting let Sri Lanka down […]
Sri Lanka holds provincial polls amid military push
OLOMBO, August 23, 2008 (AFP) – Sri Lanka was holding provincial elections amid high security Saturday as government forces pushed deeper into territory held by Tamil Tiger rebels in the island’s north, officials said. Two out of the nine provinces on the island were voting to elect the highest level of local government in the […]
Sri Lanka holds local polls as army heads to rebel capital
August 23, 2008 (AFP) – Sri Lanka staged local elections under tight security Saturday as troops pushed deeper into Tamil Tiger territory, closing in on the rebel capital in the war-ravaged north, officials said. To receive instant alerts from LBO on your Dialog mobile type ‘act (space) lbo’ and send to 678 Two out of […]