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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2374

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Open Letter to Dr. Robert Ray Hill of Open University, Missouri, USA

Dear Dr. Robert Ray Hill,

Asian Tribune wishes to place on record that your unorthodox efforts to clear the name of TIU - The International University, located in Missouri, by trying to post comments in the columns meant for readers of the “Asian Tribune” is not a procedure endorsed by the “Asian Tribune.” If the TIU had any concerns about items published in the “Asian Tribune the straightforward and the commonly accepted practice should have been to write directly to the Editor, “Asian Tribune” stating your position. The Asian Tribune is always open to criticism and we consistently adhere to the principle of the right of reply.

Sri Lanka: Richard Pieris Group quit investment at AMW

By Ashwin Hemmathagama – Financial Correspondent

Richard Pieris Group (RPG) yesterday disposed their Associated Motorways Ltd. (AMW) stock quantity which approximately 1.744 million shares where the buying party was the AMW Chairman Ajith de Zoysa himself, who assumed to enhance his personal portfolio. Inthi Mohamed, Head of Research and Economic Division of the Ceylinco Stock Brokers (Pvt.) Ltd told the “Asian Tribune” that this trade has given the much needed boost to the market turnover which went up to Rs. 876.27 million. “What was atypical about this trade was that the share price did not appreciate from the prior closing of Rs. 360/- to yesterday’s closing of Rs. 360/-. However, the price did fluctuate between a low of Rs.330/- to a high of Rs. 360/- during the days trading,” he said.

'Chinese economy is wilting under bad bank loans': Experts

By M Rama Rao - Reporting from New Delhi for Asian Tribune

Structural weaknesses in Chinese economy? This question has come up front suddenly as latest studies by economic think tanks and strategic analysts say 'Chinese economy is not healthy'. This must come as a surprise to all those from Kerala to Bengal impressed by China's growth story. Till now the perception in the West is 'underneath it all, China is sound'. It is bound change. New studies point out that the Chinese banks remain 'acutely vulnerable to an economic slowdown'.

Minister Douglas Devananda meets the displaced people of Allapiddy

Secretary General of the Eelam People’s Democratic Party and Social Services and Social Welfare Minister, K.N. Douglas Devananda met the displaced people of Allapiddy in person at Our Lady of Refuge Church in Jaffna and St. Nicholas Church in Navanthurai between yesterday and listened to their grievances. During this meeting the people had spoken from their hearts and told the Minister, if their security is assured then they were willing to go back to their homes in the islet.

Burmese Government released human rights defender Su Su Nway

Ma Su Su Nway who was given 18 months imprisonment was released on 06 June from Insein prison. According Assistance Association for Political Prisoners (Burma), an organizations that monitors the welfare of the political prisoners languishing in the notorious Burmese prisons, “Ma Su Su Nway's release was due to the pressure of the International Labor Organization. In order for the rest of the political prisoners to be released, we need more pressure from the United Nations, especially from the Security Council.”

Unveiling of Divisional Livelihood Development Plans in the South of Sri Lanka

Sunil C. Perera - Reporting from Colombo

The Livelihood Division of the Reconstruction and Development Agency (RADA) with support from the International Labour Organization (ILO) has facilitated the launch of four Divisional Livelihood Development Plans (DLDPs) in Hambantota. The four DLDPs are a part of thirty five development plans, which are to be launched in the tsunami affected divisions to restore livelihoods and expedite development among the Tsunami affected communities, RADA's Director Livelihood, Kaushal Rajapaksa said.

President briefed on need for Animal Welfare Authority

By Janaka Perera – Asian Tribune

The Law Commission has handed over to President Mahinda Rajapaksa a draft Bill on establishing an Animal Welfare Authority in Sri Lanka. The Bill – result of a six-year effort - proposes revolutionary legislation to replace the 98-year-old archaic law Prevention of Cruelty to Animals (Ordinance, No. 13, 1907) introduced during the British colonial period to prevent cruelty to animals. Architect of the bill, Attorney at Law Senaka Weeraratne said that if the new proposed legislation becomes law it would serve a model for the rest of Asia.

Sri Lanka to launch survey on a study on unknown gem deposits

Sunil C. Perera - Reporting from Colombo

The Gem and Jewellery Research and Training Institute [GJRTI] plans to explore and evaluate exploitation possibilities of gem minerals deposits in Sri Lanka. Chairman of GJRTI Asoka Jayawardana says the GJRTI has planned to study on unknown valuable mineral deposits and the study would investigate and prepare a detailed inventory of the gem occurrences in the country with sufficient data guide development of investment profiles.

Hilfswerk Austria on tourism development in Sri Lankla

By Quintus Perera – Asian Tribune

Hilfswerk Austria, a non-profit, cross-denominational and non-party organization provides international humanitarian aid for victims of war and environmental disasters and long term development assistance in 32 countries. The organization is affiliated with Osterreichishes Hilfswerk (Austrian Welfare Organization) with the basic idea of ‘Meeting Austria’, provides sustainable support to people in need for many years in a professional and unbureaucratic manner and directly onsite.

UNDP assists tsunami affected fishermen in North-East Sri Lanka

Two Flake Ice Plants and a Seafood Collecting Centre were opened June 1, 2006 in the north-eastern district of Mullaitivu. The ice plants and collection centre were provided through the Japanese-funded Recovery of the Fisheries Sector project being implemented by UNDP.

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