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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2736

Monthly archive

An optimistic week at Colombo Stock Exchange

Colombo Stock Market’s ASPI and MPI gained 3.9% and 3.2% for the week ended on 7 January, respectively. Selected counters in Manufacturing, Plantations and Power & Energy attracted the retailers to sustain the positive streak throughout the first week of the New Year 2011.

Sri Lanka threatened with US sanctions during last stage of war- Wikileaks

Colombo, 08 January, (Asian Tribune): A mere twelve days before world’s most ruthless terrorist leader- Vellupillai Prabakaran met his waterloo at the Nandikadal (Ocean of Nandi) swamps of Velli Mulli Vaikkaal, the once all-powerful United States Government threatened to invoke sanctions on Sri Lanka, in an obvious bid to save Sri Lanka’s Osama Bin Laden , oblivious to the sufferings of h

Nepal’s private airline starts int'l flights to Indian city

Nepal’s campaign to bring in one million tourists in the year 2011 received a boost on Friday with a private airline starting its scheduled flights on Kathmandu-Lucknow-Kathmandu route.

Sri Lanka Navy builds a permanent camp in Mandativu Islet

Navy detachments assigned in Mandaitivu and the suburb will get a new headquarters within the next two months. The new Navy headquarters for the region will be based on the Mandativu, which is one of the small islands off the coast of Jaffna Peninsula and connected to the mainland via a causeway.

Sri Lanka Cricket Board announces the team for 2011 Cricket World Cup

Sri Lanka Cricke Board on Friday (January 07, 2011) announced selection of a 15-member squad for the upcoming 2011 Cricket World Cup.

A marked decline in the harassment of Sri Lankan women n workers

Compared to 2009 the number of Sri Lankan housemaids and female factory workers serving in foreign countries who were subjected to various kinds of torture and harassments have declined to 764 in 2010 from 1,117 reported cases in the year before.

Sri Lanka: Union Bank mulls diversification in financial sector, eyes new buyouts

Since it’s recently issued four times oversubscribed rights, Sri Lanka's Union Bank had been aggressive during the last few months while bank has been eyeing for new buyouts in the financial sector in the country.

Bribery And Corruption: The Bane of Our Country

Corruption is the misuse of power, office or authority for private profit which could occur in the public and private domain. In Sri Lanka, corruption has become so widespread that its harmful consequences are felt either directly or indirectly by every person in our country. However, it is a fact that the effects of this menace are felt more by the poor and underprivileged. It has the effect of entrapping the poor in poverty. On the other hand, most often, the rich and powerful benefit from corruption.

MOU signed between India and Sri Lanka on Passenger Transportation Sea

As another steps towards the resumption of Ferry Services between Sri Lanka and India, a Memorandum of Understanding on the passenger transportation by sea was signed in Colombo yesterday between the officials of the two countries.

Sri Lanka to consider the increase of tax on Mobile phone and Internet operators

Dinesh Gunawardena, Minister of Water Supply and Drainage and Chief Government Whip of Parliament assured the opposition that mobile telecommunication service providers and the Internet service providers in Sri Lanka will be further considered for the imposition of increased tax, unless they reduce the tariffs.

Jailed RSS leader “admits” to role in Mecca Masjid and other blasts

Jailed RSS leader Swami Aseemanand, prime accused in Mecca Masjid blast case, has confessed that he and several Sangh activists among others had a direct role in Malegaon, Samjhauta Express, Ajmer and Mecca blasts, security agencies claimed on Friday.

Sri Lanka’s Daya Group of Companies seek listing on Colombo Bourse

Sri Lanka’s Daya Group of Companies, which had forayed into many business segments from apparels to construction and aviation to finance, is seeking a listing on the Colombo Stock Exchange (CSE).

Chennai Sangamam Row:HC restrains government to include Kanimozhi's "Thamizhmaiyam's" name in the advertisements

The Madras High Court has directed the DMK government to avoid "Thamizhmaiyam's" name in its advertisements to conduct 'Chennai Sangamam' folk festival organised by chief minister M Karunanidhi's daughter M K Kanimozhi and her close associate and LTTE supporter father Jagathgaspar.