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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2992

Monthly archive

Seminar on 'Invest your Funds to Optimize Returns'

By Quintus Perera - Asian Tribune

The Society of Certified Management Accountants of Sri Lanka (CMA) held a seminar on "Invest your Funds to Optimize Returns" at Cinnamon Grand Hotel last week for. Prof Lakshman R Watawala, President, CMA inaugurating the seminar said that the deliberations of this seminar is important for companies as well as individuals. He said that CMA is Sri Lanka’s Professional Management Accountants’ Body. He said that around 75,000 Sri Lankans are following professional accounting courses which show that there is a great demand for professional accounting.

SANASA Development Bank Maintains its Growth Momentum

Asian Tribune – Sri Lanka Bureau

The SANASA Development Bank (SDBL) has recorded yet another impressive performance for the first half year ending 30th June 2008. The Bank has recorded a pre-tax profit of Rs.124.5mn as against Rs.83.6mn for the corresponding period ending year 2007, which is an increase of 49%. Despite the adverse impact of the security and the economic conditions the bank was able to maintain its growth momentum said General Manager/CEO, Nimal Mamaduwa, in a press release.

UNP believes it could win in the two Provincial Council elections

Asian Tribune – Sri Lanka Bureau

The United National Party believes it could win the forth-coming provincial council elections while the government spreads violence. "People knows how to treat the government, said UNP Secretary General Tissa Attanayake. Speaking to media in Colombo on Tuesday he said the UNP would file court cases against the election violence and malpractices. "At present we heard of instances of 22 violations from the North Central and the Sabaragamuwa provinces, he said.

Palestine is safe for Sri Lankan tourists

Palestine is a best tourist attraction. West bank is a very safe place to meet the business community and the country on the whole is very peaceful. Sri Lanka’s Representative in Palestine, Dr. T.Jayasinghe said,"I wish to inform all Sri Lankans that they need not think twice about visiting Palestine. I have been to most of the important cities in West Bank to meet the business community and the local political leaders and there is no problem in moving about. The country on the whole is peaceful. This being the summer season there are a large number of tourists from many countries coming to Palestinian cities of historical importance. Mount of Temptation and Dead Sea in Jericho are important tourist attractions.

Bruce Fein – Honeymoon with LTTE may be Over!

By Stephen Long, Los Angeles

Well, well, well. Now it’s getting really interesting. According to the Guardian yesterday, Bruce Fein, Esq., the infamous former Deputy United States Attorney and Beltway legal and PR mercenary who has been representing the alleged LTTE front organization, Tamils for Justice, appears to have a few problems on his hands. (It’s not exactly "alleged" since it is headed by Jayantha Gnanakone, who’s been pimping for Prabhakaran and the LTTE for thirty-five years.)

Stranded Fishermen Return Home from Egypt

Asian Tribune - Sri Lanka Bureau

Six Sri Lankan fishermen stranded at the port of Al Quseir on Egypt 's Red Sea coast, have been helped to return home to Sri Lanka by the International Organization for Migration (IOM). The group, who left Sri Lanka’s west coast in March 2008, drifted into Egyptian waters when their boat developed technical problems. At Al Quseir they struggled without proper food and medicine, and had no means of getting home. The Sri Lankan Ministry of Foreign Affairs and the Sri Lankan Mission in Cairo then contacted IOM for help.

European Parliamentarians call on Foreign Minister

Recognizing the imperative need to meet the challenges of the food and energy crises faced world over, the forthcoming SAARC Summit will provide a platform to discuss the establishment of a mechanism to harness and share resources within the region, which would enable the effective use of the available resources, stated Foreign Minister Rohitha Bogollagama, when he met on Monday, with a ten member delegation from the European Parliament handling relations with the Countries of South Asia, who are on a five day visit to Sri Lanka. He further stated that such sharing would further facilitate connectivity amongst the South Asian nations.

JHU and NFF concerned over CEPA

Janaka Perera in Colombo

The Jaathika Hela Urumaya has expressed serious concern over the proposed Indo-Lanka Comprehensive Economic Partnership Agreement (CEPA) and conveyed the party's apprehensions to Minister G.L. Peiris. At a recent discussion with the minister, the Venerable Athureliye Ratana said that CEPA could turn out to be the same as SAPTA (South Asia Preferential Trade Agreement) or even worse.

Victory for Catholics in Italy: Madhu Statue Awaiting its Eventual Journey back to Madhu Church

Our Lady of MadhuThe sacred statue of Our Lady of Madhu has reached the Bishop House in Mannar until its eventual journey back to the Madhu Church. It is obvious that efforts by Rev.Dr. Rayappu, Bishop of Mannar to make a case for keeping the statue away from Madhu has failed. Catholics in Italy especially in Napoli and Rome were sending petition to the Holy See and specially the Papal Nuncio in Colombo who always opposed the LTTE terrorists for having interceded in the matter and brought final victory for the Catholics in Sri Lanka. Catholics in Italy will assemble as a group and thank the Holy See for the intervention. They are planning to have a special mass with progressive Catholic Priests for answering their prayers.

Sixty years of diplomatic ties celebrated in Chennai

Vandana Srikanth lighting the tradition oil lampSixty years of diplomatic relations between Sri Lanka and India was celebrated in Chennai. The celebrations reflected the sprit good neighbourly relationship between the two countries. In continuation of celebrating 60th anniversary of establishment of diplomatic relations between India and Sri Lanka ‘Sri Lankan Film Festival’ has been organised yesterday by the Sri Lanka Deputy High Commission, Indo Cine Appreciation Foundation and The Madras Film Society in association with Federation of Film Societies of India (Central Office).

Rubber still produced in the premitive way

By Quintus Perera - Asian Tribune

At the 89th Annual General Meeting of the Ceylon Rubber Traders' Association, Anura Edirisinghe was re-elected the President of the Association the second time. Kulatunga Rajapakse, Managing Director, D Samson Industries Ltd speaking as Chief Guest said that though CRTA is 90 years old raw rubber production has little improvement as many rubber manufacturers still use primitive methods of procession when compared to tea industry. Nevertheless, he did not deny the fact that CRTA in its 90 year existence has contributed a great deal to trading and exporting of rubber as a commodity.

Former East Pakistan victim of Indian subversion

By Asif Haroon Raja

India never reconciled to the creation of Pakistan and detested "two-nation theory". It picked up East Pakistan as a target to give a deathblow to the two-nation theory. It took advantage of the absurd shape of moth eaten Pakistan in which East Pakistan was separated from the western wing by 1000 miles of Indian Territory and with no land corridor to link the two provinces, and surrounded by India from three sides with sea in the south. India exploited East Pakistan’s differences in dress, habits, food and culture from other provinces in Pakistan and subtly convinced them that their cultural links were with West Bengal and not with West Pakistan.

The sacred statue of Our Lady of Madhu