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WSJ to team up with new Indian business newspaper
NEW DELHI, Aug 25, 2006 (AFP) – The Wall Street Journal said Friday some of its pages will appear in a business newspaper soon to be launched in India by the country’s second-largest print media company, HT Media.HT Media Ltd earlier this year announced plans to launch a national business newspaper aimed at “global Indian […]
Umpire Hair no stranger to controversy
LONDON, Aug 25, 2006 (AFP) – Australian umpire Darrell Hair is no stranger to controversy. Hair, who sparked international cricket’s latest crisis after Pakistan’s forfeiture of the fourth and final Test, is a love-hate figure within the cricket world.He also delivered a bouncer to the ICC on Friday by revealing he had offered his resignation […]
Aid ship docks at Jaffna as five killed in Sri Lanka clashes: military
Aug 25, 2006 (AFP) – A food relief ship began unloading in northern Sri Lanka Friday to lift a two-week siege of the Jaffna peninsula as fresh clashes left five rebels dead, the defence ministry said.Workers began the slow task of unloading 1,500 tonnes of food for the 350,000 civilians trapped by fierce fighting between […]
UN says food running out in parts of Sri Lanka
Aug 25, 2006 (AFP) – The United Nations said Friday food was running out in strife-torn parts of Sri Lanka with the government stalling the entry of the organisation’s aid convoys into rebel-held areas.The UN World Food Programme (WFP) said it was unable to get to northern parts of the country held by the Liberation […]
Sri Lankan rupee extends gains; foreign interest boost stocks
August 24, 2006 (LBO) – The Sri Lankan rupee firmed up against the U.S. dollar Thursday, while share prices rose on foreign investors’ interest in selected bluechip stocks, dealers said. The broader All Share Price index inched up 0.48 percent to 2,138.05, while the liquid Milanka Price Index added 0.77 percent to 2,726.44 on sales […]
Tinkering Job
August 24, 2006 (LBO) – Sri Lanka’s financial intelligence unit is looking to raise the threshold on money transactions that have to be reported to authorities, following complaints from market players, a top official said Thursday. Anti-money laundering activities, comes under the supervision of the country’s finance ministry. South Asian securities regulators from Bangladesh, Bhutan, […]
Backup Band
Aug 24, 2006 (LBO) – Sri Lanka’s accounting watchdog has formed a committee to of experts to facilitate the flow emerging trends in accounting and auditing standards The panel will assist the Sri Lanka Accounting & Auditing Standards Monitoring Board (SLAASMB) staff to interact with industry experts on technical aspects, the watchdog said in a […]
Sri Lanka reports record tea sales from Jan-July
August 24, 2006 (LBO) – Sri Lanka shipped a record 185.9 million kilos of tea to overseas buyers for the seven months to July, a commodity broker said Thursday. However, a strike at the Colombo port in July crimped export targets, with the island shipping 27.4 million kilos as against 28.0 million over the corresponding period […]
The planetary A-list: will Pluto make the cut?
PRAGUE, Aug 24, 2006 (AFP) – Suspense was deeper than a black hole Thursday as the world’s top astronomers prepared to announce whether lonely, little Pluto — ninth rock from the Sun — would be ejected from the planetary A-list. “We have to accept that the universe changed because the knowledge we have of it […]
Indian Hindus, Muslims find miracles, but some sceptical
NEW DELHI, Aug 24, 2006 (AFP) – Barbara Rao, an American software designer of Indian descent, relies on reason in her job, but, like tens of thousands of other Hindus, is now seeking answers of a different nature.“Hey man, this is faith,” said the Santa Fe resident, as she offered milk to a statue of […]
More Canadians arrested in Tamil Tigers anti-terror sweep
OTTAWA, Aug 24, 2006 (AFP) – Three Canadian residents accused of supporting Sri Lanka’s separatist Tamil Tiger rebels were arrested this week at the cusp of a joint Canada-US anti-terror sweep and face extradition to the United States, police said Thursday.Ottawa and Washington brand the movement a foreign terrorist organization. A total 11 suspects, including […]
Departing ceasefire monitor chief slams EU in gloomy Sri Lanka outlook
COLOMBO, Aug 24, 2006 (AFP) – The outgoing chief monitor of Sri Lanka’s crumbling ceasefire Thursday criticised the EU for banning the Tamil Tiger rebels and said his warnings of a violent “worst case scenario” had come true. Brigadier General Ulf Henricsson wrote a memo to the European Union more than a month before May’s […]