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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2194

News

Colombo: Market mixed despite Strong foreign participation

By Quintus Perera - Asian Tribune

The Share Market Review for the preceding week on All Share Price Index (ASPI) complied by the research team of the HNB Stockbrokers (Pvt) Ltd indicated the market started off on a low note this week with, indices falling by around 50 points on Monday. However with the reduced level of violence in the North and East, the indices managed to hold ground and pick up moderately during the latter part of the week. Comparing Week on Week the indices showed differing movements, with the All Share Price Index (ASPI) falling by 9.5 points compared to last week, while the Milanka Price Index (MPI) improved by 18.5 points, to close above last week’s closing level.

Kayts killings of twelve civilians: No involvement of security forces - Sri Lankan Police Chief says

By Our Colombo Correspondent

Sri Lankan Police Chief said yesterday that no evidence of security forces involvement in the killings of 12 civilians in Kayts islands had been surfaced in the special presidential investigation. IGP Chandra Fernando, country's Police Chief, however said, there was evidence that LTTE agents had burnt ten to twelve shops in the area which were open despite the LTTE organized hartal, two days before the massacre of civilians.

Two Pak troops among three killed in tribal area

By iqbal Hussain Khan Yousafzai - Reporting from Islamabad

Two Pakistani paramilitary soldiers were among three persons killed in a grenade attack in the tribal area of North Waziristan neighbouring . Officials said a local tribesman hurled a hand grenade at a security check post in Hurmuz near Mir Ali, 25km east of the main town of Miranshah. The assailant was killed in retaliatory fire, officials said.

Measures for IAF air reduction accidents

By Oken Jeet Sandham - Asian Tribune

Cutting across party-lines, Members of Parliament today complimented the Indian Air Force for significantly brining down accident rates involving the loss of aircraft and fatalities per annum. They however, said there should be no complacency and further measures be taken to reduce the accident rates to a level which is at par with the best Air Forces of the world, according to official sources. Addressing the Parliamentary Consultative Committee attached to his Ministry, the Minister of Defence Pranab Mukherjee informed the members that the flight safety record of the Indian Air Force through the past decades has been an area of concern, not only for the government, but equally amongst the general public.

Bangladesh heroin smuggler Momen names six government officials as abettors in the crime

The chairman of BD Foods, a ring leader of narcotic smuggling racket has claimed that six top-ranking officials of four key government agencies helped him to keep the smuggling of heroin to the United Kingdom under wraps in exchange for a hefty amount of money, investigators said. It is also learnt from interrogation that, major portion of profit accrued from the trafficking in narcotic went for funding Islamist terrorist groups within Bangladesh and outside. Badruddoza Chowdhury Momen, chairman of BD Foods Limited who has been remanded for interrogation about the smuggling of 75.5 kilograms of heroin to the UK in 2005, also claimed that the officials had tried to save him from smuggling charges after receiving letters from the British authorities.

Sri Lanka’s ornamental fish exports on the rise

Sunil C. Perera - Reporting from Colombo

Sri Lanka’s exporters of ornamental and marine live fish varieties have received orders worth over US$ 100,000 from European buyers after recently attending Interzoo – All Pets Exhibition held in New Hamburg, Germany. Over 25 Sri Lankan exporters have displayed their ornamental and marine live fish varieties and the export Development Board had assisted the exporters to maintain their costs.

SAARC Chamber Academy proceedings to commence today in Sri Lanka.

By Quintus Perera - Asian Tribune

On a proposal made by Macky Hashim, immediate past President, SAARC Chamber of Commerce and Industry (SCCI), the SAARC Chamber Academy has been organized by Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL), Euro Chambers and SAARC Chamber of Commerce and Industry (SCCI) in partnership and the parties concerned have agreed to hold the Academy in Sri Lanka.

Plans to involve Indian Women to fly fighter jets revealed

Raymond R Kharmujai – Asian Tribune

Indian women pilots would be allowed to fly fighter jets when they are ready for the task, said the Chief of Air Staff, Air Chief Marshal S P Tyagi. "At present women are flying helicopters and one-day they would definitely fly the fighter jets," Air Chief Marshal Tyagi said in an informal interaction with newsmen at Eastern Air Command Headquarters here today.

A stricture on World Bank Vice-President, Praful C Patel’s remarks on Bangladesh Anti- Corruption Commission

Political rhetoric in Bangladesh often takes extreme positions and uses noxious terms. People of this country have become used to the vehemence of wordy duels conducted in public forums as well as in print by and between political parties. They look for the bottom line that lies beneath the venomous rhetoric and tend to draw their own conclusions about the intended message behind any demagogic or mud-slinging exercise.

India Dalit Leader’s visit to London cancelled after arrest

One of India’s important Dalit leader Dr. Udit Raj visit to London was cancelled as he was arrested on 17 May on his way to protest in New Delhi, reveals Christian Solidarity Worldwide (CSW) in its latest press release. Dr. Udit Ra founded in 1997, the All India Confederation of Scheduled Caste/ Scheduled Tribes Organisations (AICO). In 2005 the Prime Minister, Dr Manmohan Singh, nominated him to the Government’s National Integration Council.According to CSW Dr. Raj, who speaks for the most under-represented people in India, the Dalits, (formerly “untouchables”), was due to visit the UK next week, but has had to cancel his visit.

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