Skip to Content

Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2398

Monthly archive

How will the 2016 Budget impact Sri Lanka’s real estate sector?

Last week, Sri Lanka’s Finance Minister announced plans to remove the 15 percent land leasing tax for foreign investors, and reduce the approval period for foreign direct investment requests. The foreigner-friendly budget for 2016 is expected to have great impact on the country’s real estate market.

Ravi Karunanayake - Minister bof Finance
diconary view

India-Sri Lanka Cooperation in Joint Sea Exploration

The Pathfinder Foundation (Colombo) and the Vivekananda International Foundation, (New Delhi) proposes to cover a broad spectrum of issues and ideas relating to expanded cooperation in joint sea exploration, development and preservation of the marine resources wealth of the region. Accordingly, this joint–paper is focused long-term economic and strategic interests necessitate the three nations of India, Sri Lanka and Maldives get involved in intense cooperative engagement in the Indian Ocean Region in a variety of activities.

diconary view

‘Lanka’s post war transparent growth grabbed our attention’-China Zhejiang

It is Sri Lanka’s post war transparent growth that has drawn the attention of China’s most prosperous province to the country. “After the war, Sri Lanka has demonstrated a very transparent economic growth trend. The most attractive aspect is Sri Lanka is being open to the world” said Vice Chairperson of Chinese People's Political Consultative Conference of Zhejiang Provincial Committee Ms Chen Yanhua on 23 November in Colombo.

Standing from left: Chairperson & CEO-EDB Indira Malwatte, Vice Chairperson of Chinese People's Political Consultative Conference of Zhejiang Provincial Committee Chen Yanhua, Minister of Industry and Commerce Rishad Bathiudeen, and Chinese Ambassador to Sri Lanka HE Yi Xianliang join together to show a Zhejiang painting, the official souvenir from Zhejiang delegation given to Sri Lanka official team on 23 November at Hilton Colombo.
Minister of Industry and Commerce Rishad Bathiudeen (at left) at VIP meeting with the Zhejiang business and official delegation visiting Colombo on 23 November at Hilton Hotel. At right, close to the camera is HE Chinese Ambassador to Sri Lanka Yi Xianliang followed by Vice Chairperson of Chinese People's Political Consultative Conference of Zhejiang Provincial Committee Chen Yanhua who discusses with Minister Bathiudeen.
diconary view

Turkey shoots down a Russian plane for violating territorial integrity!

West Asia is in perpetual crisis because of Israel, with US backing, is pursuing fascist terrorist policies in order to prolong illegal occupation of Palestine, threaten Iran with terror attacks, and intermittent terror attacks in the region to cater for the domestic politics. Arab world is in a state to destabilization because of energy security issues facing USA and Europe. Israel wants USA to terrorize Mideast so that it could continue occupational crimes against humanity as part of western imperialist agenda and contemporary colonialist tendencies.

 Russia confirms Turkey shooting  down a Russian warplane on Tuesday
diconary view

Ideals of President and Prime Minister made the budget easy for all - Finance Minister Ravi Karunanayake

Minister of Finance Mr Ravi Karunanayake said that it was the ideals of the President Maithripala Sirisena and the Prime Minister Ranil Wickremasinghe that were converted into practice through the budget- 2016.

Ideals of President and Prime Minister made the budget easy for all - Finance Minister Ravi Karunanayake
diconary view


.