Category: Other
Sri Lanka heads for record tea export growth despite estate worker strikes
January 4, 2007 (LBO) – Sri Lanka shipped a record 28 million kilos of tea in November 2006, amidst weeks’ long trade union action that cost over a billion rupees, commodity brokers Asia Siyaka said Thursday. Despite strike action by unions demanding a wage to cope with a soaring costs of living Sri Lanka exported a […]
Prayers, tears mark tsunami anniversary from Sri Lanka to Indonesia
BAN NAM KHEM, Thailand, Dec 26 (AFP) – With prayers and flowers and tears, from Thailand’s beaches to the islands of India, mourners paid tribute to their loved ones Tuesday on the second anniversary of the Asian tsunami. Emotional ceremonies across the region recalled the day when giant waves killed 220,000 people in a sweep […]
German freezes aid pledges to Sri Lanka to push peace talks
BERLIN, Dec 24, 2006 (AFP) – Germany said Sunday it will not offer the Sri Lankan government new aid until the peace process in the country advances and called on other nations to increase the pressure on Colombo. Overseas Development Minister Heidemarie Wieczorek-Zeul told Berlin’s daily Tagesspiegel that Germany had been frustrated that its aid […]
‘s economy to boom more slowly in 2007: analysts
MUMBAI, Dec 23, 2006 (AFP) – India’s economy will continue to boom in 2007 but analysts say demand will slow as its central bank hikes interest rates to curtail consumer spending and higher prices. India’s one-billion-plus population are buying more cars, phones, homes and goods than ever before and its companies have expanded quickly to […]
Report paints grim picture of Asian rights abuses
HONG KONG, Dec 22, 2006 (AFP) – Malfunctioning democracies and legal systems are the main causes of violations of human rights and the rule of law in many countries around Asia, a new rights report says. The study said respect for human rights had worsened in most countries in the region and that people had […]
Rising sea levels engulfing Indian world heritage islands
KOLKATA, Dec 21, 2006 (AFP) – Rising sea levels have submerged two islands in the Sunderbans, where tigers roam through mangrove forests in the Ganges River delta, and a dozen more islands are under threat, scientists say. A six-year study of the impact of future climate change on the world natural heritage site that India […]
‘s global footprint deepens in 2006
BEIJING, Dec 21, 2006 (AFP) – From the oil fields of Africa to the living rooms of American homes and Asia’s shopping malls, virtually every part of the world felt the impact in 2006 of China’s ongoing, spectacular transformation. China’s successful courting of Africa during the year, which resulted in a strengthened alliance of some […]
New wage deal for estate workers to hike production costs by 23%: analysts
December 21, 2006 (LBO) – Sri Lanka’s newly minted wage deal for estate workers is expected to hike cost of sales by up to 23 percent for plantation companies with high exposure to tea, analysts said Thursday. Plantation companies and estate worker trade unions agreed on a daily wage of 260 rupees on Tuesday, followings weeks […]
‘s toymakers turn their attention to China
SHANGHAI, Dec 20, 2006 (AFP) – As children around the globe unwrap Christmas presents with “made in China” labels, some toymakers here are turning their attention to a new and potentially lucrative market — their own. For nearly 20 years, China’s 20,000 domestic factories have served as the elves of Santa Claus’s workshop, exporting a […]
Half of Tsunami donations still unused: BBC
LONDON, Dec 19, 2006 (AFP) – About half of the billions of dollars donated by individuals, companies and governments worldwide to help the victims of the southeast Asian tsunami two years ago has still not been spent, the BBC said on Tuesday. According to figures obtained by the broadcaster from a database compiled by the […]
Asian stocks recover as Thailand backs down on currency controls
HONG KONG, Dec 20, 2006 (AFP) – Asian stocks recovered from sharp falls Wednesday after Thailand’s military government backed down on imposing harsh currency controls which saw Bangkok shares lose a massive 15 percent. Elsewhere, benchmarks tended to follow local factors resulting in Tokyo closing up 1.40 percent and above the critical 17,000 points mark […]
The bricks fly in Czech toyland
KLADNO, Czech Republic, Dec 20, 2006 (AFP) – At a new factory here, real people are now putting together giant characters out of Lego building bricks for a world of make-believe. But they are also building a strategy in one of the toughest games in big business: toymaking The characters are being assembled for Legoland […]
