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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2834


Multi-donor technical assistance program to uplift SME development in Sri Lanka

By Ashwin Hemmathagama - Asian Tribune Financial Correspondent

The private sector arm of the World Bank Group; International Finance Corporation yesterday launched its latest program SouthAsia Enterprise Development Facility (SEDF) for Sri Lanka and Maldives which is a multi-donor technical assistance program for small and medium enterprise development. According to IFC the IFC-SEDF program will serve as a catalyst for accelerating the growth rate of the SME sector in these two countries. IFC South Asia Director, Iyad Malas explaining the program features said that it would help bridge the technical gap between the SME and the financial company while improving the business environment for SMEs, contributing to broad-based economic growth and to sustainable poverty reduction.

EU ban LTTE officially : LTTE agrees to attend talks

The European Union today placed the Tamil Tigers on their list of banned terrorists. The decision will be formalized later by an official publication in EU’s Journal. This is the biggest blow faced by the Tamil Tigers since they entered the peace talks negotiated by the Norwegian facilitators. Tigers are now on the banned list of 31 countries – i.e. 25 in the EU, plus USA, UK, Australia, India, Canada and Malaysia.

Vacate Muthur – Muslims are told by suspected LTTE’s auxiliary force

LTTE is back again on the ethnic cleansing of the Muslims. This time the targeted region is Muthur located in the Trincomalee district. Muslims inhabited in the Muthur region have been threatened to evacuate within the next 72 hours, the sources from Muthur confirmed.

Daw Aung San Suu Kyi’s Continue detention condemned

The National Democratic Party for Human Rights (NDPHR) in exile, strongly condemned the Burma Army Generals’ decision to extend the detention of Aung San Suu Kyi, the democracy icon of Burma for another 12 months against the world opinion and the aspirations of the Burmese people.

Meghalaya politicians to debate on Uranium mining

By Raymond R Kharmujai – Asian Tribune

A day after the multi-coalition MDA government prohibited holding a debate on the proposed Uranium mining in Nongstoin, the pro and anti Uranium mining politicians decided to face each other in the State capital. On Sunday last, the West Khasi Hills Deputy Commssioner, KL Tariang prohibited holding of a public debate in his district fearing ‘breakdown in law and order’.

`Watch out for Tiger provocations’

By Janaka Perera – Asian Tribune

Sri Lanka’s Human Rights and Disaster Management Minister Mahinda Samarasinghe has called upon the Sinhala people to act with great responsibility and be on guard against Tiger provocations at all times. Samarasinghe made the appeal during a May 29 interview with the SLBC Sinhala service. His appeal came in the wake of neighbouring Tamil Nadu having to bear another influx of Sri Lankan Tamil refugees.

TIU-USA denounces relations with Bangladesh campus

The International University (TIU) has sent a rejoinder to the news item captioned 'Minister's wife running fake university'. In the rejoinder, sent by 'Dr. Robert Ray Hill', TIU-USA said: "I work with Dr. Stephen Barnhart, the Chancellor of The International University, located in Missouri. I want you to know that we do not support what has happened with TIU Bangladesh and the actions of the wife of the Education Minister and have severed all ties with this university.

EU likely to impose ban today while LTTE demonstrates in global capitals

While the LTTE has organized demonstrations in various global capitals against the proposed ban of the EU there is no sign of the EU – one of the Co-chairs of the Sri Lankan peace process – backing off under the LTTE pressure. European sources say that the ban is likely to come into force today.

India’s Ceat to commission radial tyre plant in two months

By Ashwin Hemmathagama - Asian Tribune Financial Correspondent

Indian tyre major Ceat is expecting to commission its new radial tyre plant this July where the commercial speed would start in August. The new radial tyre plant located at company premises in Kelaniya which is an investment of Rs. 350 million will manufacture two range of tyres; Ceat Rhino for vans and Ceat Steel Radial for cars.

G. L. Peiris ("the High-Jumper") is poised to jump again

Speculation is hardening in Colombo that G. L. Peiris, the former Vice-chancellor of the University of Colombo and former negotiator of Ranil Wickremesinghe at the Oslo talks, is about to jump again into the camp of Mahinda Rajapakse. His frequent jumping from the losing party to the winning party has earned him the nickname "High Jumper". His political behaviour has indicated that his loyalties are to the winning party than to any basic principles. When Chandrika Kumaratunga won he joined her party and became the Finance Minister in her Cabinet. Chandrika scoffed at him saying that he is the man who goes to parliament to read the budget prepared and written by her.

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