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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2730

Monthly archive

Prime Minister Khanal says he won’t step down immediately; asks opposition parties to find his alternative first

Defying public expectations that he would step down immediately to pave way for the formation of national consensus government as per the five-point agreement reached among parties before the extension of the term of Constituent Assembly (CA) on Saturday night, Prime Minister Jhalanath Khanal on Tuesday said that he would tender his resignation only after there is a concrete agreement among parties to form a unity government.

Sri Lanka’s Treasury cautions loss making state entities

The loss making Sri Lanka’s state enterprises were cautioned about the importance of introducing appropriate measures to improve their financial position to lower the burden on the government budget , is highlighted in the Sri Lanka’s finance Ministry’s 2010 Annual Report, which was presented to President Mahinda Rajapaksa today.

The debacle of the private sector pension bill: Time to reintroduce White Papers?

Irrespective of whether the private sector pension bill is good or bad, its aborted passage, temporary according to the government, has demonstrated a flaw in the way important legislation progresses through Parliament.

India: PM hopes yoga Guru Ramdev will give up fast over corruption

Prime Minister Manmohan Singh admitted on Tuesday corruption is a big problem facing the country and the government is committed to tackling it using all resources at its disposal.

Sri Lanka: Central Bank declare open newly restored Lloyd’s Building for business

Sri Lanka’s financial market and banking watchdog the Central Bank of Sri Lanka (CBSL) recently announced the ceremonial opening of the refurbished Lloyd’s Building by. Gotabaya Rajapaksa, Secretary, Ministry of Defense at the invitation of Ajith Nivard Cabraal, Governor of the Central Bank of Sri Lanka on Wednesday, 1st June 2011 at No.13, Sir Baron Jayatilleke Mawatha, Colombo 1.

Gaddafi ready for truce, says Zuma but rebels not convinced

Muammar Gaddafi is ready for a truce to stop the fighting in his country, the visiting South African President Jacob Zuma said in Tripoli after meeting the Libyan ruler, but he listed familiar Gaddafi conditions that have scuttled previous ceasefire efforts. Rebels quickly rejected the offer.

The 2600th Sambuddathwa Jayanthi Vesak Celebrated In Myanmar

The Embassy of Sri Lanka in Myanmar coordinated arrangements to celebrate the 2600th Sambuddhathwa Jayanthi in a grand scale. The Embassy compound which is 2 ½ acres, was decorated and adorned by 140 small Vesak lanterns which illuminated the Embassy premises with the touch of craft brought in by the staff of the Embassy of Sri Lanka in Yangon, and the two craftsmen flew to Yangon with the courtesy of the Sri Lanka - Myanmar Friendship Association in Colombo and the DSI Group of Companies.

All Registered Finance Companies in Sri Lanka to be listed before 30th June

Sri Lanka Central Bank said the deadline for Registered Finance Companies (RFC) to list in the Colombo Stock Exchange (CSE) is 30th June 2011.

Archbishop of Canterbury expressed Appreciation for Sri Lankan President’s efforts to restore religious harmony

Sri Lanka’s Deputy Minister of External Affairs Neomal Perera, during his recent visit to the United Kingdom had a meeting with His Grace the Rt. Rev. and Rt. Hon. Dr. Rowan Williams, the Archbishop of Canterbury at Lambeth Palace on 12th May.

Colombo Chetties donates milk powder for distribution to deserving families

The Colombo Chetty Association of Sri Lanka handed over a consignment of full cream milk powder to the Secretary to the Bishop of Mannar Rev Fr Muralitharan for distribution among deserving families in the Vanni.

Sri Lanka to Launch ‘Lester James Peries and Sumitra Peries Foundation’

Sri Lanka’s oldest film Director, Dr. Lester James Peries, and Mrs. Sumitra Peries have come together to set up Foundation to work towards the establishment of a ‘National Cinema Achieves’ in Sri Lanka.

Profood Propack International Exhibition

The combined International Exhibition of food Processing, Packaging and Agribusiness will be held on the 26th, 27th and 28th of August 2011 to showcase Sri Lanka’s complete food supply chain and this is its 10th Anniversary show.

A Remarkable Buddhist Monk: Ven. Udagama Sumangala

I first met Bhante Sumangala when he moved to Los Angeles exactly three years ago. He had been invited to become a resident monk at Dharma Vijaya Buddhist Vihara by its Abbot, his former classmate Ven. Walpola Piyananda. Bhante Sumangala and I have since become close friends. His knowledge of the Dhamma is vast, and his lively sense of humor draws people to him like a magnet.