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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2343

Monthly archive

Sri Lanka says peace and reforms to drive economy

By Chamath Ariyadasa

Yahoo News: Colombo (Reuters), Nov. 06 - Rapidly growing hopes for a permanent end to two decades of war and wider economic reforms should boost Sri Lanka's economy by 5.5 percent next year, the island nation's finance minister said on Wednesday.

We have succeeded in increasing growth rate - Minister Choksy

We have succeeded in increasing growth rate - Minister Choksy
Finance Minister K. N. Choksy, PC presenting the budget yesterday said The economy is expected to record a growth rate of about 5.5 percent, reflecting recovery in all major sectors. Inflation should decline further to 8 per cent. This should result in a further easing of interest rates and reduced pressure on wages.<

Change in decision to set up Interim Admin., JTF a PA victory- Kadirgamar dropped

by Shamindra Ferdinando - The Island

The Island: Former Foreign Minister and President Chandrika Kumaratunga’s nominee for the peace process Lakshman Kadirgamar on Tuesday night (5) told a PA parliamentary group meeting at the presidential secretariat that the government and the LTTE appeared to have dropped their disputed decision to set up an interim administration in the north-east and a Joint Task Force (JTF) to handle rehabilitation and reconstruction in the region.

Zimbabwe to lose $160m in Lankan arms deal

by Bandula Jayasekara - The Island

The Island:According to a recent report in the Financial Gazette, the Zimbabwe Defence Industries (ZDI) could lose nearly $160 million dollars because a middleman it engaged five years ago to run weapons to Sri Lanka on its behalf has refused to forward monies paid for the supplies. The Financial Times has established that the Sri Lankan army, which made a down payment of about $99 million for the weapons, is said to have also refused to pay the outstanding debt.

LTTE to allow other parties to preach in N-E

by Franklin R. Satyapalan - The Island

The Island:Tamil political parties on Tuesday welcomed LTTE theoretician Anton Balasingham’s statement that other political parties would be allowed to enter the democratic political process in the North East.

Archbishop appeals to President and Prime Minister to Pull the nation out of mire.

As the two great persons to whom the people have entrusted the fate of this country, you are capable of seeing the tragedy of the nation… the responsibility of pulling the nation out of this mire into which it has fallen, devolves primarily on Your Excellency and the Prime Minister,” the Dr. Oswald Gomis, Archbishop of Colombo said.

Arrangements to streamline E-commerce for development of Asian Countries.

Bangkok, Nov. 07: Steps are taken to streamline the Electronic Commerce in Asia. A framework regional policy on E-Commerce is to be taken up for consideration. According to a survey, by 2005, one dollar in every five spent in online purchases will be that of Asian.

I will do anything you want me to do for $ 100, on one condition.

Compiled by: V.Rajeny

A man was sitting at a bar enjoying an after-work cocktail
when an exceptionally gorgeous, sexy young woman entered.
She was so striking that the man could not take his eyes
away from her. The young woman noticed his overly attentive
stare and walked directly toward him.

LTTE a Junior Partner of the Government in the begging bowl mission.

Colombo, Nov. 07: The Liberation Tigers of Tamil Eelam, (LTTE) in effect has today become a junior partner with the Government in taking the begging bowl to lending institutes in the West.
This is what Dr Vickramabahu Karunarathne, the Leader of the Nava Sama Samaja Party (NSSP) declared in the statement he made to the press.

Sri Lanka hopes for faster economic recovery as peace process gains momentum

Yahoo News: Colombo, Sri Lanka, Nov. 06 - Sri Lanka's economy is expected to recover quickly as efforts by the government and Tamil Tiger rebels to end the island nation's 19-year civil war gain momentum, the finance minister said Wednesday.

Fifty-nine Political Parties from 22 Countries to participate in the biggest Conference.

by K.T.Rajasingham

Bangkok, Nov. 07The Second International Conference of Asian Political Parties, scheduled for November, is to be attended by representatives of 59 political parties in 22 countries. The Conference is expected to be one of the leading and important event for Asia, which would lay the foundation for the future Asian Solidarity, and for an Asia without borders and barriers.<


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