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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2610


Mamun's Khwab and TATA deal

By Sunita Paul

Most hated and corrupt name in Bangladesh, Giasuddin Al-Mamun has become fabulously rich by limitless corruption and abusing power of being the friend of Tareq Rahman. And most interestingly, this notorious man even does not care in showing his evilly earned wealthy face to the Bangladeshi nation, because he continues to get sympathy and support from ruling party’s senior joint secretary general and Prime Minister’s son, Tareq Rahman. Clippings from Dhaka’s press would evidently prove the amount of money this swindler has bagged during BNP’s rule. Dhaka’s leading English newspaper The Daily Star, reported on 15th May 2004 that Tarique Rahman's friend Giasuddin Al Mamun's has built a palatial pleasure house named Khwab (Dream in Arabic) in city’s suburb with a huge amount of money.

Australia announces new scholarship scheme for education

By Ashwin Hemmathagama – Financial Correspondent

Australian High Commission in Colombo recently introduced a new scheme which would double the number of educational scholarships awarded for the Asia-Pacific region.In this new scheme; Australia Leadership Award (ALA), Australian $ 1.4 billion would be spent on 19,000 scholarships within the next 5 years for education corporation in the region. Australian High Commissioner for Sri Lanka, Dr. Greg French said: “This newly announced scheme is expected to build Australia’s reputation as a provider of high quality education for the international students. The important part of this program is that it would target the future leaders in the region including Sri Lanka for advanced study in Australia.”

Publish Mohammed-painting

Today on 02 June, the Norwegian Christian paper VÃ¥rt Land is printing the twelve paintings that were causing the Mohammed riots all around the world. The man who painted the illustration, Danish Lars, tells he made the painting to make fun of the Danish newspaper Jyllands-Posten, and not the prophet Mohammed. But he will experience threats of murder from Muslims over the next years. Editor Helge Simonnes of VÃ¥rt Land do not think the painting will create any storm.

Britain: Man shot in police "terror raid"

A 23-year-old postal worker, Abdul Kahar Kalam, was shot in the shoulder during a massive police raid in East London in the early hours of Friday morning. An estimated 250 police officers raided the house, reportedly in response to “specific intelligence” of a “viable” chemical device being developed on the property. Kahar, who was released from hospital treatment for his wounds yesterday, has been arrested under the Terrorism Act, as has his 20-year-old brother Abdul Koyair Kalam. Both are being held at Paddington Green top security police station in London.

Sri Lanka to tap offshore debt market this month for US $ 300 million bonds

By Ashwin Hemmathagama – Financial Correspondent

Sri Lanka Development Bond issue which is aimed at international debt market will be launched this month in retiring the US $ 250 million worth of bonds issued earlier and also to support the Government infrastructure development program. According to industry sources the issue will be launched through the commercial banking network and the coupon rate is yet to be decided.

Pak ideal place for global investors: Musharraf

By Iqbal Hussain Khan Yousafzai – Reporting from Islamabad

Assuring full protection and facilitation to international investment, Pakistan’s President General Pervez Musharraf has said high growth and friendly policies make Pakistan an ideal destination for world entrepreneurs and stressed that the country's economic reality is far better than "distorted perceptions." In a key-note address to OPEN Silicon Valley's annual business moot in California through video conference, President Musharraf also stated that the country is shaping up through construction of Gwadar port and a network of infrastructure to serve as trade and energy corridor for land-locked Central Asia, South Asia, the Gulf region and China.

World Bank in Sri Lanka announces new Country Director

By Munza Mushtaq – Reporting from Colombo for Asian Tribune

The World Bank has decided to appoint Ms. Naoko Ishii as the Bank's new Country Director, for Sri Lanka. Ms. Ishii will succeed Peter Harrold, the present Country Director whose four-year term of service will draw to a close at the end of July 2006. Ms. Ishii, a Japanese national, has been a Director in the Japanese Ministry of Finance since 2002, where she has been responsible for working on Japanese policy on development assistance, including policies pertaining to multilateral development institutions.

Sri Lanka's Army Commander set to recommence official duties soon

By Munza Mushtaq – Reporting from Colombo for Asian Tribune

Army Commander Lt. Gen. Sarath Fonseka who continues to receive treatment at the Army Hospital in Colombo is expected to commence his official duties shortly. Army Spokesman Brigadier Prasad Samarasinghe told the "Asian Tribune" that although a clear indication cannot be made as to when the Army Commander would resume his official duties mainly because he is still in hospital; there was a possibility that within the next two weeks he might assume duties.

8 terror suspects escape Batticaloa jail. Security stepped up, Prisoners transferred.

By Our Colombo Correspondent

Prison officials today transferred 13 Tamil Tiger prisoners from Batticoloa prisons to a high security prison after eight prisoners held on terrorism charges escaped from Batticaloa jail on Sunday morning. This is the fourth time LTTE suspects escaped from Batticaloa prisons during the ceasefire. Among the 8 escapees, there were three hard-core LTTE cadres charged with grenade and claymore attacks on security forces, according to the security forces.

Bioforce Development Institute starts training programs to assist Sri Lanka's construction industry

By Sunil C. Perera - Reporting from Colombo

Bioforce Development Institute is recognised by the French Government as a charity that assists local construction sector to train skilled young workforce. Director General of Bioforce, Benoit Silve says following a request by the French Red Cross in 2005, in the context of their Tsunami linked programmes, Bioforce evaluated training needs in the construction sector. As a result of this study, a training project has been developed, in partnership with the Chamber of Construction Industry of Sri Lanka (CCI). This project is supported and financed by the French Red Cross.

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