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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2219

News

Tata-Bangladesh inching closer towards investment deal

A ‘symbolic groundbreaking ceremony’ of commissioning the four proposed projects of Tata Group worth $3 billion is likely to be held before the present government leaves office in October, if the two sides can strike a deal in due time. ‘Tata authorities have very little chance of backing out of the move since they have already spent a lot of money and employed huge energy. Also, there is a tacit bipartisan consensus between the ruling BNP and the opposition Awami League on the Tata investment,’ a key figure in the government has told reporters.

Last leg of Sri Lankan local government polls concluded : UPFA wins 5, UNP 4, SLMC 4 local government bodies

By Our Colombo Correspondent

The ruling United Peoples Freedom Alliance won five local government bodies while the main opposition United National Party won four local government institutions including Gampaha Municipal Council, Gampola Urban Council, Kobeigane and Patha-hewa-heta Pradeshiya Sabhas, as the polling for the last leg of the Sri Lankan local government elections concluded on Saturday.

Ramanan – LTTE's Senior Commander killed under mysterious circumstances.

One of the senior Commanders of the Liberation Tigers of Tamil Eelam was killed under mysterious circumstances at Vavunathievu, on Sunday around 5.30 p.m. According to reports reaching Colombo, Ramanan a former Military Intelligence Chief under Colonel Karuna before the break up was killed. So far no one has claimed responsibility for the killing of Ramanan.

Colombo-Katunayake express highway ready for construction

Sunil C. Perera - Reporting from Colombo

The agreement pertaining to the construction of the Colombo-Katunayake express highway is signed. Chinese MCC Company will carry out the construction work. The relevant agreement was signed on Sunday at the Ministry for Trade and Consumer Affaires and Highways with the presence of the Minister of Highways Jeyaraj Fernandopulle. Chairman of the Road Development Authority M.B.S. Fernando signed it on behalf of the government and vice president of the MCC Company Shu Siyang Chu signed it on behalf of the company. The 25.8-kilometer road will consist of four lanes. The total cost of the project is US$ 292 million.

UNP supported Independent Group wins Colombo Municipal Council

By Our Colombo Correspondent

An independent group supported by the United National Party secured the Colombo Municipal Council in the capital of Sri Lanka as the last leg of the elections for the country’s local government bodies concluded yesterday. Independent Group III won over 82,000 votes (40%) in the Colombo Municipal Council (CMC) against its main rival, the United People’s Freedom Alliance led for the CMC by firebrand leftist Vasudeva Nanayakkaya, which trailed behind with 57,000 votes.

The Turn of the Other Tamils

By Tisaranee Gunasekara

It is a sea of change in the making. The international community is finally beginning to look beyond the LTTE; the world is expressing a growing interest in a democratic, civilised Tamil alternative to the Tigers. Last week’s EU resolution on the LTTE indicates, once again, that the international community is no longer willing to accept the Tigers as the sole representative of the Tamil people: (The EU) “recognises that the LTTE does not represent all the Tamil peoples of Sri Lanka and calls on the LTTE to allow for political pluralism and alternate democratic voices in the northern and eastern parts of Sri Lanka which would secure the interests of all peoples and communities.”

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.

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