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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2038

News

Bangladesh expects bumper rice production

Rice production in the outgoing Boro (summer crop) season in Bangladesh is expected to increase by at least 10 per cent, predicts the Ministry of Agriculture, terming this year’s rice output a ‘bumper crop’ despite earlier apprehensions. ‘We were afraid of lower crop output. Now, during the harvesting, we see farmers everywhere in the country looking happy, and my belief is that they deserve a good price,’ the agriculture minister, MK Anwar, told reporters.

Meghalaya Police discovered World War II ammunitions

By Raymond R Kharmujai – Reporting from Meghalaya

Meghalaya Police recovered a huge cache of World War II ammunitions hidden beneath the surface of the earth was recovered from a Telecom complex in Northeast India. This is not the first time that cache of World War II ammunitions were recovered by the Meghalaya Police. Earlier, the State police recovered huge number of grenades and ammunitions of different calibers buried underneath the earth.

Ministry of Plantation decided tp pay long delayed EPF dues.

Sunil C. Perera - Reporting from Colombo

The Ministry of Plantation Industries decided to pay long delayed Employee’s Provident Fund [EPF] and the Employee’s Trust Fund [ETF] contributions of the workers attached to the Sri Lanka State Plantation Corporation [ SLSPC ]and the Jantha Estate Development Board [JEDB]. The Ministry also promised to issue ‘a give a priority order’ to pay long delayed gratuities of the retired workers in the both institutions.

Bangladesh to adopt Basel II by 2009

Bangladesh’s banking sector is likely to adopt the Basel II accord, the latest version of risk-based capital standards set for banks worldwide, by early 2009. The Bangladesh Bank, at a high-level meeting last month, set the deadline after seven months of spadework for the implementation process since September 2005. The central bank will also go for a quantitative impact study to assess the possible impacts of the implementation of the Basel II accord in the country’s banking sector, sources said.

US State Department’s Don Camp in Sri Lanka to “Review Bilateral Relations”

Daya Gamage – U.S. Bureau of Asian Tribune

The U.S. State Department’s Principal Deputy Assistant Secretary for South and Central Asian Affairs Donald A. Camp is now in Sri Lanka to have talks with the government and others amidst a deteriorating political situation caused by the confrontation between Sri Lanka government military forces and the separatist Tamil Tigers, the LTTE, jeopardizing the 2002-signed ceasefire between the two warring factions. Among other issues, Camp is expected to “review the state of bilateral relations” between the United States and Sri Lanka, according to American embassy press release.

LTTE’s claim to sea and airspace rejected by the Peace Secretariat

The Secretariat for Coordinating the Peace Process (SCOPP), headed by Dr. Palitha Kohona, former head of UN Treaty Section, has dismissed the claim of the LTTE that they have the right to access the adjacent sea and airspace of areas controlled by them as “irrelevant and fallacious.” Earlier, the European-led Sri Lankan Monitoring Mission (SLMM) too ruled that the sovereign right to access the sea belong to the Sri Lankan government.

Big two sign 'Democracy charter' for Pakistan

Former Pakistani Prime Ministers Benazir Bhutto and Nawaz Sharif have signed a "charter for democracy" ahead of elections due in 2007. Both say they will return to the country to take part in the campaign and to work for an end to the rule military president General Pervez Musharraf. Mr Sharif is in exile after being deposed in 1999. Ms Bhutto could face criminal proceedings on her return.

Pakistan not involved in arms race in South Asia

By Iqbal Hussain Khan Yousafzai - Reporting from Islamabad

Pakistan Monday said that it is not involved in any conventional or nuclear arms race in the region and reiterated that it will maintain minimum deterrence in the wake of its security concerns. During her weekly briefing here, the foreign office spokesperson tasneem aslam, replying to a question about Agni-III missile test by India, said Pakistan is aware of its security concerns.

Khaleda Zia may go to UAE May 23

Prime Minister Khaleda Zia is likely to pay a two-day official visit to the United Arab Emirates (UAE) from May 23 at the invitation of UAE President Sheikh Khalifa Bin Zayed-al-Nahyan.
She was scheduled to visit the UAE in December last year, but dropped it due to some pressing matters at home.

Sri Lanka: UNDP and private sector to provide livelihood assistances to tsunami-affected women.

Sunil C. Perera - Reporting from Colombo

The UNDP and Sri Lanka’s private sector have entered an agreement to assist tsunami-affected women to become micro and small-scale entrepreneurs in the Matara district.The UNDP spokesman Sanaka Samarshinha says their first project will kick off from the Matara district with financial assistance from SunTel, Sri Lanka’s second biggest fixed telephone line provider.

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