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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2395

Monthly archive

UAE gearing up for big investments in Sri Lanka


The United Arab Emirates, the largest Foreign Direct Investor in Sri Lanka among GCC economies, and world’s fourth largest oil exporter, is mulling even more investments in Sri Lanka -and this time, in large scale. “Sri Lanka’s security and stability is attractive for UAE private investors. We are keen to expand our investment profile in Sri Lanka beyond current levels” revealed the newly appointed Ambassador for United Arab Emirates to Sri Lanka, HE Abdul Hamid Abdul Fattah K. Al Mulla on 08 October.

TN to file contempt plea against Karnataka on Cauvery

The Cauvery row flared up further on Tuesday with Tamil Nadu deciding to knock at Supreme Court's door with a contempt petition against Karnataka for "unilaterally" stopping release of water to it.

Sri Lanka President tells state bankers to enhance the access for credit facilities to small businesses

Sri Lankan president Mahinda Rajapaksa had recently advised and consulted the state banking chiefs to enhance the credit facilities available for small industries and businesses.

Why blame Centre for attacks on fishermen, High Court asks

The Madras High Court Bench has reportedly questioned the rationale behind the State Government blaming the Centre for alleged attacks on Indian fishermen by the Sri Lanka Navy when the State Government has at their disposal the Coastal Security Guard which also is responsible to check infiltration in coordination with Central Agencies such as Indian Navy and Coast Guard.

Sri Lanka gets over Rs.5 billion from OPEC Fund for Road Development

The Organization of the Petroleum Exporting Countries (OPEC)’s multilateral development finance institution OPEC Fund for International Development (OFID) has recently signed a over Rs.5 billion worth (US $ 40 million) loan agreement with the government of Sri Lanka to help the development of roads in the island nation.

Indian scientist discovers giant supermassive black holes

Cambridge researchers, led by an Indian-origin scientist, have discovered a new population of enormous, rapidly growing supermassive black holes ever seen in the early Universe.

Sri Lanka Health Ministry Instructs to ban Corex labelled Syrups

Sri Lanka Health Ministry yesterday banned the sale and distribution of the cough syrup Corex branded syrups a brand manufactured and sold by American multinational and pharmaceutical company Pfizer Inc.

No let- up in rapes in Haryana

With two more cases of alleged rape, including one of a young girl and another of a young widow, reported in the last two days, the number of rapes in Haryana in the past month has gone up to 14.

Former Police spokesman Prishantha Jayakody reappointed

Sri Lanka’s Senior Superintendent of Police (SSP) Prishantha Jayakody had been reappointed as Police Spokesman, while Senior SP Ajith Rohana has been transferred to serve as officer in charge of Ampara Division with effect from 10th October 2012.

GSR recognizes enormous potential of cloud computing : ITU appointed Lalith Weeratunga as Ambassador

International delegates to ITU’s 12th Global Symposium for Regulators who met in Colombo last week recognized the enormous potential of cloud computing for promoting wider, lower-cost access to information and communication technology (ICT), while stressing the importance of close collaboration between governments, industry and consumer groups in promoting data security and privacy and greater confidence in cloud services.

Nobel Prize Physics awarded to Serge Haroche David J. Wineland

The Royal Swedish Academy of Sciences has decided to award the Nobel Prize in Physics for 2012 to Serge Haroche of France and and to David J. Wineland a US Citizen "for ground-breaking experimental methods that enable measuring and manipulation of individual quantum systems" and the prize amount: SEK 8 million, to be shared equally between the Laureates.

Sri Lanka governments spends 425 million rupees annually on medicine alone to control diabetes

: Sri Lanka government is spending 425 million rupees annually on medicine alone to control diabetes, said, Dr. Nihal Jayatialaka, Secretary, Ministry of Health.

Former President Nasheed released, travel ban continues

Former President Mohamed Nasheed has been released from custody yesterday, as Nasheed’s detention order expired following his attending of the hearing and Nasheed was technically free. However, Naseed, 45, was let off after the court's session.


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