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IMF board approves 7.6 billion dollar credit to Pakistan

WASHINGTON, November 24, 2008 (AFP) - The International Monetary Fund said Monday its executive board approved a credit of 7. buy xenical online …

Zimbabwe batsmen recover but Sri Lanka take series

HARARE, November 24, 2008 (AFP) - A transformation in Zimbabwe's batting almost earned them a shock victory over Sri Lanka here Monday in the third of five …

Sri Lanka Cricket hunts for new sponsors

Nov 25, 2008 (LBO) - Sri Lanka Cricket has sought new commercial deals to sponsor the national team during their local and foreign tours, which include a visit …

Sri Lanka overpower dismal Zimbabwe

HARARE, November 22, 2008 (AFP) - Two days after a senior ICC delegation turned up to assess Zimbabwe's suitability for a return to Test cricket the country's …

Sri Lanka tea prices down; quality improves, volumes fall

Nov 20, 2008 (LBO) - The quality of black tea production in Sri Lanka has improved while quantities are coming down, as producers tightened standards in …

Global news agencies boycott Australian cricket

SYDNEY, November 20, 2008 (AFP) - Global news agencies have boycotted coverage of the first cricket Test between Australia and New Zealand starting Thursday …

Property Lure

Nov 19, 2008 (LBO) - Several Sri Lankan government institutions are scrambling to get land in a government property near the capital Colombo whose ownership …

Slave labor reality of Sugar-cane ethanol

SAO PAULO, November 17, 2008 (AFP) - The cost of slave labor in sugar cane fields should not be overlooked when promoting the virtues of ethanol, the Roman …

Floods under Antarctic ice speed glaciers into sea: study

PARIS, November 17, 2008 (AFP) - Scientists unveiled Sunday the first direct evidence that massive floods deep below Antarctica's ice cover are accelerating …

Sri Lanka sea pollution increasing

Nov 17, 2008 (LBO) - Pollution of the seas around Sri Lanka is increasing mainly because of pollutants from land, the Marine Pollution Prevention Authority …

Sri Lanka asks ‘friends’ to buy more tea

November 15, 2008 (AFP) - Sri Lanka, a key exporter of tea, has appealed to "friendly countries" to buy more of the brew to help the island weather the global …

Sub-regional Asian summit calls for closer ties, free trade pact

NEW DELHI, November 13, 2008 (AFP) - A regional grouping of seven South and Southeast Asian countries on Thursday agreed to improve relations and called for …

Sri Lanka tea market recovers

Nov 14, 2008 (LBO) - Sri Lanka's tea market is continuing its recovery with demand picking up at this week's auction, brokers said. Prices of low grown teas, …

Freedom Battle

Nov 14, 2008 (LBO) – Sri Lanka's Supreme Court has suspended new broadcasting regulations brought through a gazette notice, after TV stations and …

Sri Lanka tea trade warns crisis not over yet

Nov 13, 2008 (LBO) - Sri Lanka's tea trade has warned that the crisis caused by the sudden collapse in demand and prices was not over yet and that it was …

South Asia has little scope for economic stimulus after fuel subsidies: World Bank

TOKYO, November 12, 2008 (AFP) - South Asian economies, still reeling from food and energy crises, have little scope to boost their economies in the face of …

New Maldives president to be sworn in

MALE, November 11, 2008 (AFP) - A former political prisoner who unseated Asia's longest-serving leader as president of the Maldives will be sworn into office …

Sri Lanka says milk powder levy must to be absorbed by importers

Nov 11, 2008 (LBO) - The Sri Lankan government said it would not allow milk powder importers to raise retail prices despite an increase in import levy in the …

Maldives saves for new homeland amid flooding fears: report

LONDON, November 10, 2008 (AFP) - The Maldives' newly-elected president said in an interview Monday that his government will begin saving to buy a new homeland …

Sri Lanka govt gives incentives to troubled tea trade

Nov 06, 2008 (LBO) – The Sri Lankan government plans to offer several incentives to the tea industry such as lower taxes and subsidised fertiliser, …