Category:
Snug Fit
SHANGHAI, Sept 8, 2006 (AFP) – Already known as the world’s factory floor, China now wants to turn into an international outsourcing powerhouse, a report said Friday, a move which could challenge India’s prominence in the industry.Outsourcing will become a new area of foreign investment for the country and China will encourage multinationals to outsource […]
Rural Reach
September 8, 2006 (LBO) – Sri Lanka Telecom said Friday they were in talks with payphone operator Tritel Services (Pvt) Ltd to buy an equity stake. Malaysian owned Tritel, the island’s biggest payphone operator, currently piggybacks on wireless, wireline, mobile and CDMA (code division multiple access) technology to connect over 3,000 booths scattered islandwide. Being […]
Singapore on guard for IMF-World Bank meet
SINGAPORE, Sept 8, 2006 (AFP) – Singapore will mount its biggest ever internal security operation and clamp down on all street protests when it hosts a global financial gathering next week.Some 10,000 security personnel are being mobilised to ensure order during the International Monetary Fund (IMF) and World Bank meetings, the largest international conference to […]
Singapore plans a happy face for IMF-WBank delegates
SINGAPORE, Sept 8, 2006 (AFP) – Singapore, which has been criticized for its cold efficiency and indifferent service, is putting on a happy face as it prepares to host its biggest international conference. “There’s always a misconception that here is not always a vibrant place,” said Goh. “In fact the city has a lot of […]
Sri Lanka state media slams Norway over peace bid
Sept 8, 2006 (AFP) – Sri Lanka’s peace broker Norway came under a scathing attack from the media here Friday amid diplomatic moves to inject new life to a collapsing ceasefire.The state-run Daily News said Norwegians had “failed” as peacebrokers and took exception to reported remarks from Norwegians that they disagreed on an international crackdown […]
Booby-trapped taxi explodes in Sri Lanka
Sept 8, 2006 (AFP) – Suspected Tamil Tiger rebels placed a body in a booby-trapped taxi that exploded Friday in northern Sri Lanka, wounding six people, police said. The blast occurred in the town of Vavuniya, 255 kilometres (160 miles) north of the capital Colombo, with a police officer and four school children among the […]
’s tsunami hit coastline
September 8, 2006 (LBO) – Sri Lanka Friday flagged off construction work on a road project which links the tsunami hit coastlines from the south up to the east of the island. The Matara-Wellawaya road, jointly funded by ADB and the European Union, is closely linked to a network of tsunami-affected roads to be rehabilitated […]
Sea Rescue
Bangladeshi crew rescued from sinking ship COLOMBO, Sept 7, 2006 (AFP) – Sri Lanka’s navy rescued 34 Bangladeshi nationals Thursday who were aboard a crippled merchant vessel that sank off the island’s southern coast, officials said. The cargo carrier, MV Amnet Sha, was being towed by a tugboat when it sank in rough weather off […]
Clean Records
Sep 7, 2006 (LBO) – The credit information has started to clear the credit records of former defaulters who have repaid their loans, a top official said. General Manager of the Sri Lanka Credit Information Bureau N P H Amarasena says about 67,000 names have been taken off the list of defaulters. The credit information […]
State firms a drag on economy : minister
MOSCOW, Sept 6, 2006 (AFP) – Russia’s Economic Development Minister German Gref lashed out Wednesday against state-owned companies which in his view had a “significantly negative” impact on Russia’s industrial development.“A significantly negative role is played by the state-owned companies, which try to boost their presence on the market by trying to swallow the most […]
Madugalle to conduct Pakistan ball tampering hearing
MUMBAI, Sept 7, 2006 (AFP) – The International Cricket Council (ICC) said on Thursday that Pakistan captain Inzamam-ul-Haq’s hearing in the ball-tampering controversy will be held on September 27 and 28.including Test captains Brian Lara of the West Indies and Rahul Dravid of India. The much-awaited hearing will be conducted by chief match-referee Ranjan Madugulle […]
Government starts to resettle displaced Muslims in eastern Sri Lanka
TRINCOMALEE, Sept 7, 2006 (AFP) – Thousands of Muslims who fled their homes in this coastal district began returning home Thursday as fighting between troops and Tamil Tiger rebels died down, officials said.Some 85 busses transported refugees within this district from relief centres in Kantalai and take them to their homes in the Muslim fishing […]