Saturday, April 20, 2013

Foreign Exchange Deplomatic Society I www.thediplomaticsociety.asia


  19 April 2013 Issue 2





The Diplomatic Society-Asia online and print is an obvious and a natural expansion for Foreign Exchange (FEDS), the highly sought-after diplomatic resource. The economic emergence of Asia, its growing political influence combined with fast modernising and vast consumer base has increased the need for economic diplomacy.
FEDS’ tried and tested business model pro-actively connects Governments, Business and Non-Governmental Organisations (NGOs) with an inter-dependent information resource as well as a communication forum that incorporates the print and digital platforms.
Since its launch in 1997 in Pretoria, South Africa, FEDS has established itself as the lead facilitator of the diplomatic opinion.
This African connection links the two regions of Africa and Asia considered to be the key economic growth regions. The multi-media publication focused on tourism, trade and investment highlights the people to people interactions that bring about bi-lateral and multi-lateral exchanges ultimately increasing economic activity.
Having unique access and reach to this influential audience has created greater awareness of the work of the diplomatic mission. The diversity of nations of the world has been showcased and the exchange of goods and services have been transacted through innovative advertising and promotion campaigns.
To join the Asia experience visit www.thediplomaticsociety.asia

Unforgettable Scenic Beauty of Nepal I By Srimal Fernando I Foreign Exchange -Asia



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Unforgettable Scenic Beauty of Nepal


By Srimal Fernando
Nepal is famous for its extraordinary scenic beauty and salubrious climate and is known as “the Land of Paradise”.Nepal with its beautiful landscapes had long been known the world over for its majestic Everest Mountain, the highest mountain peak on the planet, Lumbini the birth place of Lord Gautama Buddha and for  the world renowned kukri-wielding Gorkah warriors who are reputed for winning many battles.


Of the world’s fourteen high peaks, the country has eight that includes Mount Everest. At 29,021 feet it is the world’s highest point. The countrymen call it Sagara –Matha.  The country has more than 240 peaks over 20,000 feet above sea level.

The country is also a favorite destination among river rafters, trekkers and mountaineers.   The noteworthy towns such as Kathmandu, Lumbini, Pokhara, Patan, Janakpur, Nepal-guni and Bhaktpu needs little introduction to many visitors to the country.
The capital city Kathmandu is situated amidst a splendid panorama in the bowl shaped Kathmandu Valley.  It is also known as the ‘City of Temples’. Kathmandu is the most vibrant city in the country with a number of buildings and fair assortment of other country style houses.

Among its well-known attractions is the Durbar Square nestled in the heart of the city. It was the ancient seat of the Nepalese Royalty. The entire palace complex is named after the monkey god called Hanuman. The best-known Bouddha-nath stupa on a three tiered platform is one of the most recognizable tourist spots that attract thousands of visitors every day.
Swoyambhu-nath located on a 360 steps hillock is the world’s largest Shiva temple. The Pashupati-nath temple is another prominent land mark in the city.


Shopping is undoubtedly an attraction in itself as choices and variety for items here is incalculable.

The city of Lumbini is the birthplace of Lord Buddha. It is located in the south-western side of the country. It is another heritage attraction. It was once an extensive centre of Buddhist culture. This world heritage site is a place of pilgrimage for millions of Buddhists from all over the world.
Wildlife in the country is as diverse as its landscape, ranging from the famous Royal Bengal Tigers in the Baridia, Shiva-puri national park to the one-horned Rhinoceros in Chitwan National Park and the Himalayan black bears loitering in the Himalayan foothills.
The Nepal Tourism Board (NTB) is promoting Nepal as a favorite tourist destination at major travel trade fairs.  Nepal offers a cheaper alternative to airlines for tourists, traders and pilgrims.
Tourists are finding the proximity, the value for money due to the exchange rate differential and the frequency of flights good reasons to visit Nepal. It is a land with history, heritage and visual delights.
Nepal is regarded as one of the most fascinating countries of South Asia that in all senses can be termed as a land of past, present and future.
Source :
http://www.thediplomaticsociety.asia/index.php?option=com_content&view=article&id=586:unforgettable-scenic-beauty-of-nepal&catid=16:home&Itemid=25

 

Her Excellency Park Geun-hye sworn in as Eleventh President of South Korea I By Srimal Fernando I Foreign Exchange – Asia



 

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Her Excellency Park Geun-hye sworn in as Eleventh President of South Korea


By Srimal Fernando Global Editor
President Park Geun-hye was sworn in as the first female President of South Korea in Seoul. She assumes office as the eleventh President of South Korea serving the eighteenth Presidential term.   President Park Geun-hye hails from an illustrious family which has contributed tremendously to the economic development of South Korea. She is the daughter of late Park Chung – Hee, the third President of South Korea from 1963 to 1979. President Park Geun-hye was the Saenuri [New Frontier] Party nominee at the last Presidential election held on 19th December 2012. She was also the Chairwoman of the Grand National Party (GNP) twice between 2004 and 2006 and between 2011 and 2012.  She received her bachelor’s degree in electronic engineering from Sogang University in 1974. President Park Geun-hye   has received honorary doctoral degrees from Chinese Culture University in Taiwan, Sogang University , KAIST  and Pukyong National Universities. She was first elected to the assembly as a Grand National Party candidate from the Dalseong, Daegu electoral district in 1998. She was re elected three more times from Dalseong ,Daegu  electoral district between 1998 and 2008. President Park Geun-hye is the elder sister of Park Seoyeong and Park Ji-man.

Sachin Tendulkar – the Great Cricketing legend of India I By Srimal Fernando I Foreign Exchange – Asia



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Sachin Tendulkar – the Great Cricketing legend of India

By Srimal Fernando, Global Editor





The Indian cricketer, Sachin  Tendulkar  is considered by many to be one of the best batsman of the modern era. Tendulkar popularly known as “Little Master”   is regarded as one of the greatest batsman of all time to have ever played  the game of one day international and test cricket. On 5 December 2012, the specialist right-handed batsman crossed the 34,000 run aggregate in all formats of the game in the cricketing history. It was Tendulkar’s great mental  strength  and the conviction  in his own  ability  ,which  eventually  helped him  to surge   clear  of a  inspired  challenger in both one-day-internationals (ODI)  and in Test cricket formats  of the game.
In 2002 the Indian cricketer, Tendulkar   was chosen by Wisden as the second greatest one-day-international (ODI) batsman of all time, behind West Indian cricketer Sir Viv Richards and as the second greatest Test batsman behind the Australian cricketer Don Bradman.
After Tendulkar’s extraordinary display in 657 matches in international cricket, he carved a niche for him self in history by recording 100 international centuries.  He bowls occasionally in one-day-international s (ODI) and in test matches. Tendulkar has taken 154 wickets in one-day-internationals and 200 wickets in 45 international test matches with off or leg spin bowling   techniques.
Tendulkar made his first class debut for Bombay team in the Indian domestic cricket series known as the Ranji Trophy in the 1987–88 seasons.   The great cricketer made his Test debut for India in November 1989 against Pakistan in Karachi. His one-day-international s (ODI) debut followed shortly after, when selected for the first ODI of the 1989 series against Pakistan in Gujranwala  .Over the years  Tendulkar  was one of the most destructive and feared  international batsman in world over .The Indian  cricketing team needed the experience  of the great  cricketing legend  to steer and bring victory  to the Indian team  at the   2011 Cricket World Cup  held in India . As a leading run-scorer Tendulkar played an important role during the Cricket World Cup victory of India in 2011.    Before becoming part of the Cricket World Cup winning Indian team   Tendulkar had five Cricket World Cup appearances. He received honorary doctorates from the Rajiv Gandhi University for Health  science and from University of Mysore.
It was Sachin’s  great mental  strength  , his  passion for cricket and the conviction  in his own  ability which  eventually helped him to become one of the greatest cricketers of all time.

Singapore the Business Hub of Asia I By Srimal Fernando I Foreign Exchange -Asia I





 

Singapore the Business Hub of Asia 

By Srimal Fernando



  cloud-tickling skyscrapers to world-class hotels with unparalleled service and astonishing scenery. Singapore one of wealthiest nations has one of the highest per capita incomes in the world on its way to consolidate its position as an economic powerhouse.
The well developed manufacturing sector is the cornerstone of economic development providing a platform for job creation and economic growth.  The country earned its reputation as a “global economic marketplace” and   a grand gateway to Asia. The country’s port is the world’s busiest port in terms of shipping tonnage.
The four- terminal Changi Airport is the most important aviation hub in the world.  This airport is a major stop over point for over 100 international airlines with a total annual handling capacity of more than 70 million passengers. The Changi Airport passenger traffic reached an historic 46.5 million passengers in 2011.  The airport serves as a base for Singapore Airlines, the flag carrier of the country and to several other airlines.
The latest GDP (Gross Development Product)  figures show that the country’s economy grew better-than-expected with an average annual economic growth rate of 4.9 percent in 2011 (Estimates 2011).
Singapore’s economy is mainly driven by growing exports of machinery, electronic equipment, consumer goods, pharmaceuticals, chemicals and mineral fuels. These account for the bulk of Singapore’s exports. In 2010 the turnover of the country’s exports was estimated at USD 350 billion.
The telecommunication sector is well developed in Singapore with millions of mobile cellular subscribers and broadband internet access.
The expansion of Singaporean tourism continues to achieve spectacular gains in recent years.
In 2010, tourism made a significant gain, experiencing a boom with about 11.6 million high-end foreign visitors coming to discover this beautiful country.Singapore Tourism Promotion Board (STPB) and Singapore Airlines (SIA) are promoting the country as a favorite tourist destination at major travel trade fairs.Other than tourism Singapore  has brought about revolutionary improvements into its economy through logistics and supply chain management, aerospace engineering, marine & offshore engineering.
The other sectors showing rapid expansion are  Healthcare, medical technology, consumer  business, education, media, entertainment and software development. Singapore as a regional headquarter in the Asian continent, serves to attract firms looking towards expansion.
Today Singapore is proved to be a popular destination for trade, tourism, logistics and for global financial institutions .Singapore is poised to play a key role in the global economic order in a big way over the next ten years.
Source : http://www.thediplomaticsociety.asia/index.php?option=com_content&view=article&id=587:singapore-the-business-hub-of-asia&catid=16:home&Itemid=25

 
 

Sri Lanka Opens the Second International Airport I By Srimal Fernando I Foreign Exchange -Asia

 

To join the Asia experience visit www.thediplomaticsociety.asia
Sri Lanka Opens the Second International Airport




Srimal Fernando, Global Editor
On 18th March 2013 the President of Sri Lanka Mahinda Rajapaksa ceremonially opened Sri Lanka’s second international airport, Mattala Rajapaksa International Airport(MRIA) situated 250 kilometers south of the capital city of Colombo in the Hambantota District.
The new international airport of Sri Lanka known as the Mattala Rajapaksa International Airport (MRIA) is the second International Airport, after the Colombo Bandaranaike International Airport (BIA).
The opening of the country’s second international airport is a significant moment in Sri Lanka’s aviation history.
The MRIA, also known as the Hambantota International Airport (HIA), covers an area of 2,000 hectares and was constructed at an estimated cost of US $210 million.
The design of a 10,000 square meter state-of-the-art passenger terminal building at the MRIA has the unique combination of functional advantages of any other international airport in the world.
The MRIA taxi-way is capable of handling a number of aircraft at any one moment while the parking area is able to accommodate more than a dozen aircrafts with two passenger boarding bridges.    The airport is eco-friendly and  is designed to handle the biggest planes, like the Airbus 380. It will also serve as a secondary base station for the Sri Lankan Airlines, the flag carrier of Sri Lanka and for the budget carrier Mihin Lanka airlines.
The First and Business Class Check-In Lounge provides specialized services for passengers with 10 check-in desks and with 8 Departure and 8 Arrival Passport control counters. Airport and Aviation Services (Sri Lanka) Ltd is responsible for the management of the airport.
MRIA is a major stopover point for many international flights that need refueling when travelling along one of the world’s busiest aviation lanes between the Middle East and the Far East. Intent on redeveloping its facilities, an ambitious expansion programme for the future is in place.
This has opened up a host of opportunities for investors to tap into the markets of Sri Lanka and Asia.  Sri Lanka is surrounded by the Indian Ocean and is located about 31 kilometers off the southern coast of India.
Its strategic  geographic  position  between Africa, the Middle East, ,ASEAN  and the  Far East  has had a reflective impact on maritime and aviation linkages.  With the dawn of peace and normalcy in Sri Lanka many international airlines are exploring the possibilities of operating frequent flights to Sri Lanka.
The strong economic development in Sri Lanka has led to increasing cargo volumes, international trade and aviation connectivity with the world.
Sri Lanka’s Bandaranaike International Airport (BIA) located in Colombo, is one of the busiest airports in the region in terms of daily flight traffic.  BIA has international terminals, a transit terminal and a cargo village.
Srimal Fernando, Global Editor
On 18th March 2013 the President of Sri Lanka Mahinda Rajapaksa ceremonially opened Sri Lanka’s second international airport, Mattala Rajapaksa International Airport(MRIA) situated 250 kilometers south of the capital city of Colombo in the Hambantota District.
The new international airport of Sri Lanka known as the Mattala Rajapaksa International Airport (MRIA) is the second International Airport, after the Colombo Bandaranaike International Airport (BIA).
The opening of the country’s second international airport is a significant moment in Sri Lanka’s aviation history.
The MRIA, also known as the Hambantota International Airport (HIA), covers an area of 2,000 hectares and was constructed at an estimated cost of US $210 million.
The design of a 10,000 square meter state-of-the-art passenger terminal building at the MRIA has the unique combination of functional advantages of any other international airport in the world.
The MRIA taxi-way is capable of handling a number of aircraft at any one moment while the parking area is able to accommodate more than a dozen aircrafts with two passenger boarding bridges.    The airport is eco-friendly and  is designed to handle the biggest planes, like the Airbus 380. It will also serve as a secondary base station for the Sri Lankan Airlines, the flag carrier of Sri Lanka and for the budget carrier Mihin Lanka airlines.
The First and Business Class Check-In Lounge provides specialized services for passengers with 10 check-in desks and with 8 Departure and 8 Arrival Passport control counters. Airport and Aviation Services (Sri Lanka) Ltd is responsible for the management of the airport.
MRIA is a major stopover point for many international flights that need refueling when travelling along one of the world’s busiest aviation lanes between the Middle East and the Far East. Intent on redeveloping its facilities, an ambitious expansion programme for the future is in place.
This has opened up a host of opportunities for investors to tap into the markets of Sri Lanka and Asia.  Sri Lanka is surrounded by the Indian Ocean and is located about 31 kilometers off the southern coast of India.
Its strategic  geographic  position  between Africa, the Middle East, ,ASEAN  and the  Far East  has had a reflective impact on maritime and aviation linkages.  With the dawn of peace and normalcy in Sri Lanka many international airlines are exploring the possibilities of operating frequent flights to Sri Lanka.
The strong economic development in Sri Lanka has led to increasing cargo volumes, international trade and aviation connectivity with the world.
Sri Lanka’s Bandaranaike International Airport (BIA) located in Colombo, is one of the busiest airports in the region in terms of daily flight traffic.  BIA has international terminals, a transit terminal and a cargo village.


 


China’s President Xi Jinping formally elected by the National People’s Congress I By Srimal Fernando I Foreign Exchange -Asia











 
To join the Asia experience visit www.thediplomaticsociety.asia

China’s President Xi Jinping formally elected by the National People’s Congress

 


by Srimal Fernando, Global Editor
The Central Committee of the Communist Party of China (CPC) completed the transfer of power to the new panel of chosen successors to lead the 1.3 billion people of China for the next ten years.
The once-in-a-decade leadership transition was held in the  Great Hall of the People on the western edge of Tiananmen Square in Beijing.
The National People’s Congress (NPC) of China, the world’s largest parliament, formally elected Xi Jinping as the President and Li Yuanchao as the Vice President of the Peoples Republic of China on 14 March 2013.President Xi Jinping hails from a well known family which has contributed immensely to the Chinese Communist Party (CPC).He is the son of a former Vice-Premier Xi Zhongxun a veteran from the first generation Chinese Communist Party (CPC).He joined the Communist Party of China (CPC) in 1974 .
The president was appointed as a member Politburo Standing Committee at the 17th Communist Party of China congress in October 2007.
He held the position of Vice-chairmanship from 18 October 2010. Two years later he was elected to the post of General Secretary of the Communist Party of China (CPC) on 15 November 2012.
President Xi Jinping  was also  appointed as  the Chairman  of the Communist Party of China by the Central Committee of the Communist Party of China.

 

Saturday, April 13, 2013

Explore the beauty of Balkan region through culture I Srimal Fernando I Daily Mirror

  •  
 8 Apr 2013   Daily Mirror (Sri Lanka)

Explore the beauty of Balkan region through culture

 By Srimal Fernando

Nestling on the eastern side of Europe surrounded by the sea on three sides, the region of the Balkan nations is an important location at the crossroads of Europe, Central Asia and the Mediterranean. The spectacular Balkan countries of Serbia, Croatia, Bosnia – Herzegovina, Albania, Montenegro, Slovenia, Macedonia, Kosovo, Bulgaria and Rumania are binded together by the glories of its rich history. It is a magnificent landscape endowed with most famous tranquil hill stations, snowclad mountains, long coastlines, devotional and historical places. The Balkan region is also called “a chain of wooded mountains” in Turkish. The region has been invaded many times in the past and has been occupied and settled by many different people, each of whom have left their imprint on the current inhabitants of the Balkan countries. There is no end to the breath-taking sites visitors can see in the towns of Sofia , Belgrade, Bucharest ,Skopje, Tirana, Novi Sad ,Cluj and , Zagreb to be found across various Balkan states. The region is culture

( http://epaper.dailymirror.lk/epaper/viewer.aspx )









Foreign Exchange Deplomatic Society Asia - April 2013


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Saturday, April 6, 2013