Pakistan second largest trading partner of Lanka in SAARC region
Pakistan and Sri Lanka enjoy extremely cordial relations and these ties should be developed further. These views were expressed by Sri Lankan Consul General D.W. Jinadasa at a meeting held to give details about Sri Lanka Expo2012.
IFCO wins National Business Excellence Award
International Foodstuff Company Agri Bio Tech (Pvt) Ltd., (IFCO) was bestowed with the prestigious National Business Excellence Award for the Agriculture and Plantations Sector” presented by the National Chamber of Commerce of Sri Lanka, the leading trade and industrial promotion body in the island, consisting of member companies representing the entire spectrum of industry, trade and commerce in Sri Lanka.
Govt. committed to see all benefit from IT: Minister Siyambalapitiya
The Government aims at seeing everyone use IT in their living for greater comfort and ease, says Telecommunication and Information Technology Minister Ranjith Siyambalapitiya.
Bangladesh raises fuel prices to cut subsidy
DHAKA (Reuters): Bangladesh raised fuel prices with effect from Friday in its fourth such hike since May, a move that will trim the country’s subsidy burden but add to already high inflation.
Asia stocks end 2011 sharply lower
Reuters: Asian stocks were poised to end their first losing year in three on Friday, having shed nearly a fifth of their value as Europe’s debt crisis and financial turmoil took a toll on investors’ risk appetite, driving them to safer assets such as the U.S. dollar and gold.
US economy gaining momentum, housing shows a pulse
Reuters: New U.S. claims for jobless benefits rose last week but the underlying trend pointed to an improving labor market, while regional factory data showed the economy gaining momentum as the year ended.
Let there be light
As the country gears up for New Year’s Eve celebrations tonight, Weekend FT’s photojournalist Upul Abayasekara captured some of the stunningly lit-up buildings in the city
UNP enjoined from holding disciplinary inquiry against Mohan Lal Grero
By T. Farook Thajudeen
The Colombo District Court yesterday restrained the UNP Leader, its Secretary and their agents until 12 January from taking any disciplinary action against UNP Parliamentarian Condagamage Mohan Lal Grero on the grounds of speaking and voting in favour of the budget or from taking any further action against Grero on the undated letter of resignation obtained from him by the UNP leadership.
Notice of injunction issued on JVP leadership
By T. Farook Thajudeen
The District Court of Colombo yesterday issued notice on the JVP leadership informing that the court will restrain them from holding the convention which is scheduled to be held at Tissamaharama on 1 January in the event if they ignored the court’s notice.
Cyclone Thane kills six in India, weakens rapidly
CHENNAI (AlertNet): Rain and gale force winds lashed India’s southeast coast on Friday, bringing down walls and power lines and killing at least six people as cyclone Thane made landfall near the industrial city of Chennai.
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