Former Bangladesh lawmaker gets 20 years for graft

DHAKA, July 22, 2007 (AFP) – A former Bangladeshi lawmaker was Sunday sentenced to two decades in jail by an anti-corruption court for illegally amassing more than a million dollars in cash and property, a government lawyer said.The court also ordered Abdul Wadud Bhuiyan’s property confiscated, public prosecutor Mosharraf Hossain Kazal said. “The judge in […]

Sri Lanka president rules out snap poll

July 22, 2007 (AFP) – Sri Lanka’s president has ruled out a snap parliamentary election to increase his slender majority, after battlefield success against the Tamil Tiger rebels boosted his government. President Mahinda Rajapakse said he was keen that the current parliament serve its full six-year term.It was elected in April 2004, while the president […]

‘s meet

July 22, 2007 (AFP) – A powerful bomb was found at a market along a road leading to a conference venue where Sri Lankan President Mahinda Rajapakse addressed workers from his Freedom Party Sunday, police said.The bomb weighing about eight kilograms (17.5 pounds) was hidden in a bag at the roadside market in the Colombo […]

Nobody Told

July 21, 2007 (LBO) – Sri Lanka’s terror finance sleuths said two former ministers who had made claims about money being paid to Tamil Tigers are yet to complain to the unit that is charged with probing terrorist finance. Officials said persons could report suspicious activity in writing or email if they were satisfied that […]

Sri Lanka offers state land to agribusiness in profit sharing deal

July 21, 2007 (LBO) – The Sri Lanka is ready to give free land to agribusiness companies for cultivation on a profit sharing basis, a government minister said Friday. Minister of Agriculture Hemakumara Nanayakkara said the government was keen to meet the long-standing request by agribusiness for land from the government. State Land “The private […]

State Try

July 21, 2007 (AFP) – A Sri Lankan minister has travelled to Saudi Arabia with the parents of a teenage housemaid to help prepare her appeal after she was condemned to death for murdering a four-month-old baby, a Sri Lankan diplomat said on Saturday.Deputy Foreign Minister Hussein Bhaila arrived in the Saudi capital on Friday […]

‘s tallest building: developers

DUBAI, July 21, 2007 (AFP) – Burj Dubai, a tower rising in the booming Gulf emirate, on Saturday became the tallest building in the world at 512.1 metres (1,680 feet), developers said.Burj Dubai, or Dubai Tower, now surpasses Taiwan’s Taipei 101 which is 508 metres (1,667 feet) tall, and has 141 storeys, more than any […]

Symonds urges Aussie fans to applaud Sri Lanka star Murali

SYDNEY, July 21, 2007 (AFP) – Andrew Symonds on Saturday urged Australian cricket fans not to taunt Sri Lankan spinner Muttiah Muralitharan if he passes Shane Warne’s Test wicket world record while touring Down Under this year.Australian crowds have regularly abused “Murali” since he was twice called for throwing, with even Prime Minister John Howard […]

‘s embattled regions

July 21, 2007 (AFP) – Eleven people were killed and three wounded in battles between security forces and Tamil Tiger rebels across Sri Lanka’s north and eastern regions, the defence ministry said on Saturday.Suspected rebels clashed with police commandos in the eastern town of Ampara Saturday, with troops killing six rebels, the ministry said, adding […]

Pricing Practice

July 20, (LBO) – Sri Lankan exporters and importers have called for a regulator to monitor the pricing practices of shipping lines, as freight rates move up and exporters are hit with fees outside the quoted rates. Jayanath Perera, outgoing chairman of the Sri Lanka Shippers’ Council, industry body representing firms engaged in international trade, […]

Seed Cover

July 20, 2007 (LBO) – HNB Assurance, a unit of Hatton National Bank, has tied up with the micro finance arm of Sarvodaya, a non-governmental organization, to launch micro insurance products for rural families.The micro insurance scheme ‘Sathkara’ has already been launched in Galle, Matara, Vavuniya and Batticaloa Sarvodaya societies as pilot projects to educate […]

Bigger Results

July 20, 2007 (LBO) – A Sri Lanka-German initiative to give microfinance to tsunami victims had more than doubled its original target helping more than 2000 small business people and creating 6000 new job opportunities, officials said. At present 1.9 billion rupees is outstanding on 15,331 projects. The bank says the scheme has mobilized over […]

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