Drug Safety Settlement

A Ranbaxy office building is pictured in the northern Indian city of Mohali May 14, 2013. Indian generic drugmaker Ranbaxy Laboratories Ltd pleaded guilty on Monday to felony charges related to drug safety and will pay $500 million in civil and criminal fines under the settlement agreement with the U.S. Department of Justice. The settlement is its largest-ever with a generic drugmaker over drug safety, according to the U.S. government. It includes $150 million in payments for a criminal fine and forfeiture and $350 million in payments for civil claims. REUTERS/Ajay Verma (INDIA - Tags: HEALTH BUSINESS)

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Sri Lanka's Aug tourist arrivals up 9.7 pct y/y

Tue Sep 11, 2012 4:00pm IST 

COLOMBO, Sept 11 (Reuters) - Sri Lanka's tourist arrivals in
August rose 9.7 percent from a year earlier, government data
showed on Tuesday.
    The number of visitors has risen year-on-year in the past 40
months since a 25-year civil war ended in May 2009.
    The following table shows tourist arrivals in Sri Lanka:    
 
                      2012        2011       Change  
                                             (in %)  
      August         79,456      72,463        9.7   
      Jan-Aug       622,661     537,787       15.8
      Jan-Dec                   855,975           
    The tourism board expects over one million tourists in 2012,
yielding revenue of more than $1 billion, up from last year's
record $830.3 million. 
    Revenue from tourism rose 24.2 percent to $560.4 million in
the first seven months of 2012 from the same period last year. 
    Tourism is one of the main foreign exchange earners for  
Sri Lanka's $59 billion economy, along with remittances from
expatriate workers, garments and tea. 
($1 = 132.375 Sri Lanka rupees)

 (Reporting by Shihar Aneez;Editing by Ram Mohan)
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