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Asian Tribune is published by E-LANKA MEDIA(PVT)Ltd. Vol. 20 No. 73

Monthly archive

Investors on the sidelines while the key sectors report robust growth

Acuity Stockbrokers Research Ltd in their market review indicated that this week’s trading at the Colombo bourse saw the indices gaining ground gradually and the All Share Price Index (ASPI) regaining losses to close at 5115.79, 50.72 points or 1% up from last week, however is still lagging compared to the high reached during July 2010. The Milanka Price Index (MPI) closed the week down 14.86 points 0.26% at 5744.59 points.

Independence Day gift to the poor: Karunanidhi kick-starts hut free scheme in the state

In view of nation’s 64th Independence day celebrations, Tamil Nadu Chief Minister M Karunanidhi kick-started the hut free scheme in the state by unveiling the concrete house model and handing over the work orders to three lakh beneficiaries, and also enhanced the subsidy from Rs 60,000 to Rs 75,000.

The Fonseka Verdict: Justice Betrayed

I am not a supporter of Gen. Sarath Fonseka; nor did I vote for him at the last presidential election. I had been appalled by the Sinhala supremacist pronouncements he used to make during his tenure as the Army Commander.

Involved in Human Trafficking of Sri Lankan Rfugees: Police arrests four

The 'Q' Branch Police on Saturday arrested four persons, including three Sri Lankans, for organizing trafficking of Sri Lankan refugees from the refugee camps in Tamil Nadu to foreign countries, including Sri Lanka.

Letter from America: Ramadhan in North America

When I first came to Vancouver, Canada nearly 32 years ago, Ramadhan – the holiest month of the Islamic calendar, in which Muslims fast from dawn to dusk – was in its last week.

Nepal lawmaker succumbs to burn injuries

A member of parliament and central advisor to the UCPN (Maoist) Ram Kumari Yadav breathed her last Saturday evening while undergoing treatment at Safdarjung Hospital in New Delhi, India.

PM talks tough, guilty in CWG scams will be punished

Prime Minister Manmohan Singh warned on Saturday those found guilty (of corruption in Commonwealth Games preparations) would face severe and exemplary punishment.

Warren Buffett: the third richest billionaire offers philosophical wand for turbulence in stock markets

As soon as Professor Laurence Kotlikoff of Boston University declared, “America is bankrupt; we don’t even know it,” in the middle of this week, the stock markets reacted in the usual way – elevating volatility to its highest point since the Credit Crunch: stock markets started stumbling all over the world; the worst is yet to come, according to seasoned observers of the scenario.

Abandon path of violence, President Patil tells Maoists

Asking the Maoists to abandon the path of violence, President Pratibha Patil on Saturday said they must come to the negotiating table for working out a solution.

Vote Smart from the Heart

Finally, the Burmese Junta has announced that there will be a fake election on Nov.7th Short of the numerically attractive 10th of the 10th 2010, 7th was chosen for its numerological significance given that the 7 + 11= 18 divisible by 9 is an auspicious number in local numerology, so much so that former dictator Ne Win decommissioned bank notes to be divisible by 9.

California Nalanda Old Boys Support ‘Ranaviru Dudaru Scholarship’

The Nalanda College Old Boys Association of America (NCOBAA) donated a sum of US$ 6,156 (Rs. 700,000) to “Ranaviru Dudaru Scholarship” to educate the children of Sri Lanka War Veterans.

Throw away the anti-democratic Government of Karunanidhi : Jayalalithaa delivers a fiery speech

All India Anna Dravida Munnetra Kazhagam Supremo and former Chief Minister Ms J Jayalalitha on Saturday called upon the people of the state to overthrow the anti-people government headed by Mr M Karunanidhi in nest year's assembly elections.

Myanmar goes to polls on November 7, a week before Suu Kyi's prison term ends

Myanmar will go to polls in two decades on November 7, the ruling military junta has announced. In a brief statement, the regime announced on national television only that "multi-party general elections for the country's parliament will be held on Sunday 7 November".

New Clock Tower for Makkah

The giant clock of Makkah is all set to tick home a new time standard, as some scholars believe that it will be an ideal alternative to the Greenwich Mean Time (GMT).

Cop hurls shoe at J&K CM, nabbed

A local cop hurled a shoe covered in cloth at Jammu and Kashmir Chief Minister Omar Abdullah during the Independence Day parade in Srinagar.