Category: Other
Sri Lanka cloves exports seen hitting new high
Aug 27, 2008 (LBO) – Exports of cloves from Sri Lanka are seen hitting a record 5,000 tonnes this year with earnings exceeding three billion rupees, a trade body said. Chatoor said a close watch was being kept on cloves exports by the authorities to prevent cloves from other countries being sent to India under […]
Cairn Energy reports falling net profits
LONDON, August 27, 2008 (AFP) – British oil firm Cairn Energy said that net profits slumped in the first half of 2008, compared with the same period last year when it was boosted by the part sale of its Indian division. To receive instant alerts from LBO on your Dialog mobile type ‘act (space) lbo’ […]
Oil prices near 117 dollars on Hurricane Gustav
SINGAPORE, August 27, 2008 (AFP) – World oil prices rose in Asian trade Wednesday, underpinned by concerns Hurricane Gustav may head for the Gulf of Mexico where key US energy installations are located, dealers said.Anglo-Dutch energy giant Royal Dutch Shell said it was planning to evacuate some staff from its Gulf facilities because of Gustav. […]
Second Hearing
Aug 26, 2008 (LBO) – A case against a Sri Lankan teenager who was condemned to death in Saudi Arabia, will be heard again after an appeal to a higher court, the island’s foreign ministry said. Embassy officials had visited Rizana on August 17 and found her in good health. Rizana was only 17 years […]
Vietnam inflation at 28.3 pct, after sterilized intervention blunder
HANOI, August 25, 2008 (AFP) – Vietnam’s August inflation rate hit 28.3 percent year-on-year, while the country’s trade deficit widened to 16 billion dollars, official figures showed Monday. Inflation was 1.56 percent up from July and had reached 21.7 percent since the start of 2008, the General Statistics Office (GSO) estimated in a preliminary report. […]
Recognition pacts for ASEAN accountants, dentists, doctors
SINGAPORE, August 26, 2008 (AFP) – Southeast Asian economic ministers have signed agreements allowing their nations’ accountants, dentists and doctors to work in each other’s countries, officials said Tuesday. To receive instant alerts from LBO on your Dialog mobile type ‘act (space) lbo’ and send to 678 Association of Southeast Asian Nations (ASEAN) ministers signed […]
Informed Public
Aug 25, 2008 (LBO) – A top Sri Lankan judge has called for laws such as a freedom of information act to enable people greater access to information to create an ‘informed public’ that is essential for a democratic society. To receive instant alerts from LBO on your Dialog mobile type ‘act (space) lbo’ and […]
Malaysia to have two-weekly price-formula; cuts fuel prices
KUALA LUMPUR, August 24, 2008 (AFP) – Malaysian premier Abdullah Ahmad Badawi said a recent move to cut petrol prices by 5.6 percent to 2.55 ringgit (0.76 dollars) a litre was not politically motivated, according to a report Sunday. The government’s announcement on Friday comes ahead of a crucial by-election this Tuesday contested by opposition […]
US subprime crisis: all aboard the foreclosure bus
CENTREVILLE, August 25, 2008 (AFP) – Have a little money saved up?A few hours to kill? Why not take a new kind of tour — to peruse the bank-seized properties of homeowners fallen on hard times?The tour is free, soft drinks and donuts are included, and you might just make a killing on the wounded […]
Toyota hikes car prices for first time in 30 years
TOKYO, August 25, 2008 (AFP) – Toyota Motor Corp.said Monday that it will raise the prices of some passenger cars in Japan for the first time in three decades in response to skyrocketing steel costs. To receive instant alerts from LBO on your Dialog mobile type ‘act (space) lbo’ and send to 678 The move […]
”: Bank of England official
LONDON, August 25, 2008 (AFP) – The Bank of England’s new deputy governor warned on Monday that the global financial slowdown could “drag on for some considerable time”. To receive instant alerts from LBO on your Dialog mobile type ‘act (space) lbo’ and send to 678 Charles Bean said that every time the markets began […]
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 […]