Asia must avoid ‘distortions’ in handling hot money: ADB
HANOI: Developing Asian nations must carefully manage a massive inflow of foreign capital and avoid remedies that could create destabilising “distortions”, the Asian Development Bank chief warned Saturday.
Yemen arrests air cargo plane parcel bomb suspect
Yemeni forces have arrested a woman believed to be involved in sending explosive packages bound for the United States that triggered a global security alert, Yemeni security officials said.
Indian PM against protectionist measures
HANOI: Speaking out against protectionist measures imposed by industrialised nations, prime minister Manmohan Singh on Saturday said the developing economies should resist such policies in the interest of their own growth.
Risks linger as China, Japan spar over islets
(Reuters) – Japan and China talk of building a strategic partnership but they can’t seem to avoid tactical scraps.
Pakistan flood victims to face winter in camps – UN
(Reuters) – More than 100,000 flood victims in Pakistan are likely to spend winter in camps because many villages in the country’s south remain under stagnant water, the United Nations refugee agency said on Friday.
World Economic Forum on MENA ends with call for action for future prosperity
Marrakech, Morocco – The World Economic Forum on the Middle East and North Africa (MENA) concluded on Thursday with participants underscoring the urgent need for action to secure the future prosperity of the region.
Today’s Front Page 30-10-2010
Harsha hits out
Slams calls for elimination; says Opposition’s job is to be constructively critical.
(By Marianne David)
In waging the economic war, people who oppose economic policies cannot be eliminated and nor can calls be made for their elimination, asserted UNP Chief Economist and MP Dr. Harsha de Silva.
SriLankan Airlines among world’s top business intelligence systems at CIMA Global Awards
SriLankan Airlines has been recognised by UK’s Chartered Institute of Management Accountants (CIMA) for its groundbreaking efforts in Business Intelligence, when it was chosen as one of the top five global breakthrough business intelligence initiatives and shortlisted for the prestigious CIMA Global Awards.
Commercial Bank posts robust 3Q growth
A STRONG focus on core banking operations and a resurgence of credit demand have generated solid growth in key performance indicators for the Commercial Bank of Ceylon PLC at the end of the third quarter of 2010.
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