BANK of CEYLON Many Things to Many People

Total Page:16

File Type:pdf, Size:1020Kb

BANK of CEYLON Many Things to Many People BANK OF CEYLON Many things to many people. ANNUAL REPORT 2011 Many things to many people. The Bank of Ceylon is many things to many people. We serve over ten million customers islandwide and our commitment to each of them remains steadfast. Our multi-faceted offering is one of our greatest strengths. From the smallest child’s savings account to corporate credit for state and private sector companies, we serve at every level. Where others specialise their portfolios, we expand ours. This is how we stay relevant, supportive and diverse. It is why so many different people come to us and stay with us for generations. Bank of Ceylon. We’re many things to many people. ...it is why so many “different people come to us and stay with us for generations.” CONTENTS Business Highlights 02 Financial Highlights 03 Financial Highlights - Graphical Review 04 Vision & Mission 06 Historical Review 08 Chairman’s Message 15 General Manager’s Review 17 Board of Directors 18 Corporate Management 20 Executive Management Team 24 Management Discussion & Analysis 30 Risk Management 56 Corporate Governance 65 Board & Board Subcommittees 88 Report of Board Subcommittees 89 Sustainability Report 98 GRI Standard Disclosures Index 152 Annual Report of the Directors on the State of Affairs of the Bank of Ceylon 160 Directors’ Interest in Contracts 164 Directors’ Statement on Internal Control 169 Independent Assurance Report 171 Directors Responsibility for Financial Reporting 172 Report of the Auditor General 173 Income Statement 174 Balance Sheet 175 Statement of Changes in Equity 176 Cash Flow Statement 177 Significant Accounting Policies 180 Notes to the Financial Statements 196 Capital Adequacy 268 Investor Information 272 Products & Services 288 Group Structure 293 Subsidiaries & Associates 294 Correspondent Banks by Country 300 Exchange Companies by Country 306 Glossary of Financial/Banking Terms 307 Corporate Offices 312 BoC Service Points 314 Corporate Information Inner Back Cover Corporate Banking Personal Banking Islamic Banking International & Treasury Investment Banking Off-shore Banking Trade 1 Finance Development Banking BANK OF CEYLON ANNUAL REPORT 2011 ANNUAL REPORT 2011 Business Highlights Leading the treasury operations of Leader in inward foreign remittances the local foreign exchange market with over 43% market share. with over 50% market share. Single borrower exposure Highest ranked capacity in excess of Sri Lankan bank in the Bankers Almanac. Rs.13 bln Expanded the Bank’s The Bank successfully issued the third series of 5 year unsecured, operations to subordinated debentures listed on the 970 service Colombo Stock Exchange to raise points Rs.5 bln Worldwide network reaching ‘BoC Premier Centre’ was established to provide Personal Banking Services 2 840 foreign correspondents. for high net worth individuals. Representing largest off-shore banking operations with the highest Bank achieved a market share of assets. remarkable volume of Bank of Ceylon’s National Long-Term advances crossing Rating has been upgraded to ‘AA+ (lka) Rs.500 bln milestone. BANK OF CEYLON ANNUAL REPORT 2011 stable outlook’ Fitch Ratings Lanka Ltd Financial Highlights Bank Group 2011 2010 Change 2011 2010 Change Rs.Million Rs.Million % Rs.Million Rs.Million % Results of Operations Total income 71,368 63,363 12.6 75,055 66,654 12.6 Profit before financial VAT and taxation 18,062 14,054 28.5 18,212 14,990 21.5 Profit before taxation 15,546 10,053 54.6 15,851 11,075 43.1 Income tax expense 4,025 3,687 9.2 4,364 4,162 4.9 Profit after taxation 11,521 6,365 81.0 11,487 6,913 66.2 Value to Government 10,387 10,785 (3.7) 10,781 11,386 (5.3) Financial Position Shareholders' equity (Capital and Reserves) 40,163 28,132 42.8 43,382 31,261 38.8 Total assets 835,540 714,954 16.9 856,393 730,065 17.3 Gross loans and advances 552,792 382,310 44.6 568,615 392,708 44.8 Deposits from customers 588,765 524,233 12.3 597,139 529,319 12.8 Asset Quality Non-performing assets 11,416 12,638 (9.7) 12,746 13,701 (7.0) Net exposure 4,135 5,338 (22.5) 4,953 5,841 (15.2) NPA Ratio % 2.1 3.3 (1.2) 2.2 3.5 (1.3) Net exposure/Shareholders' equity % 10.3 19.0 (8.7) 11.4 18.7 (7.3) Per Share Data (Rs) Earnings per share 2,304 1,273 81.0 2,273 1,352 68.1 Net assets per share 8,033 5,626 42.8 8,400 6,039 39.1 Performance Ratios (%) Return on average assets 2.0 1.6 0.4 2.0 1.7 0.3 3 Return on average equity 33.7 24.0 9.7 30.8 23.8 7.0 Interest margin 3.2 3.1 0.1 3.3 3.3 0.0 Cost to income 50.9 53.7 (2.9) 51.3 53.9 (2.6) Statutory Ratios (%) Liquid assets ratio (Domestic) (minimum requirement 20%) 23.4 28.7 (5.3) N/A N/A N/A Capital adequacy ratios : Core capital adequacy ratio (minimum requirement 5%) 8.5 10.3 (1.8) 9.3 11.4 (2.1) Capital adequacy ratio (minimum requirement 10%) 11.6 13.7 (2.1) 12.8 15.2 (2.4) BANK OF CEYLON ANNUAL REPORT 2011 Financial Highlights Graphical Review PBT & PAT (Rs. Billion) Total Assets (Rs. Billion) 4.5 07 2.8 07 437.9 5.2 08 3.6 08 484.4 4.2 09 3.1 09 538.2 10.1 10 6.4 10 715.0 15.5 11 11.5 11 835.5 Profit Before Tax Profit After Tax Cost to Income (%) Value to Government (Rs. Billion) 68.3 07 4.4 67.5 08 4.6 64.2 09 5.5 53.7 50.9 10 10.8 10.4 07 08 09 10 11 11 Total Deposits & Advances (Rs. Billion) Capital & Reserve (Rs. Billion) 308.9 07 293.4 07 21.1 316.1 08 23.1 4 280.9 08 408.6 09 275.0 09 24.9 524.2 10 382.3 10 28.1 588.8 11 552.8 11 40.2 Total Deposits Total Advances RoAE (%) RoAA (%) 33.7 2.0 1.6 24.0 1.1 16.1 1.1 14.6 0.8 12.9 07 08 09 10 11 BANK OF CEYLON ANNUAL REPORT 2011 07 08 09 10 11 Organic growth rooted in strong customer relationships. No. of Accounts (Million) 07 7.0 Over 08 7.5 09 8.4 Mln 10 9.3 10 Customer Account Base 11 10.1 Service Points New Service Points 481b added 33% 09 Branches 42% 30 Service 25% Points 5 Branches Extension Offices 52 ATMs ATMs Inward Remittances (Rs. Billion) Increase of 07 147.5 08 154.3 09 166.9 Rs. 46 Bln 10 201.1 23% Growth 11 247.3 Over 2010 BANK OF CEYLON ANNUAL REPORT 2011 Vision Bankers to the 6 NATION BANK OF CEYLON ANNUAL REPORT 2011 Mission Customers Foster mutually rewarding customer relationships with all our customers, exceeding their expectations. Staff Give all our staff the recognition and rewards to be the best team of achievers in service excellence. Owners Be a profitable catalyst for equitable development covering urban and rural areas. Society 7 Provide world-class banking services across the nation as a beacon for progress and growth. BANK OF CEYLON ANNUAL REPORT 2011 Historical Review Bank of Ceylon has evolved continuously over the years, undergoing changes in its business operations, branch network, ownership, people, products and services to emerge as the largest financial service provider in Sri Lanka. Such progress is summarised below: 1996 Joint venture with Nepal Bank establishes Nepal Bank of Ceylon 1979 Limited. Off-shore banking operations commence with the establishment of the Foreign Currency Banking 1954 Unit. 1998 Central Office moves from City MoU with Government results in greater management autonomy Office to premises at GOH Building. 1980 and target-based performance. Computer Division establishes; 1939 automation of business operations Bank of Ceylon establishes as the 1959 Authorised capital enhances to commences nation’s first modern, locally- Rs. 50 million by Act of Parliament. 2000 owned bank. Ceremonially opens Authorised capital further on 1st August by Governor, Sir enhances to Rs. 50 billion by Act Andrew Caldecott, at the present- 1981 1961 Branch opens in Malé, Republic of of Parliament. day premises of the City Office. Nationalisation. The Government Maldives. of Ceylon becomes sole owner of 1941 Bank of Ceylon. Operations commence in 2004 1985 Real estate subsidiary Mireka Kandy with opening of a branch Kachcheri branch network set up Head Office moves to 32-storey Capital Land (Private) Limited 8 office. Other branches open in alignment with the Government’s BoC Tower in Colombo. forms to invest in Havelock City, subsequently in other large District Administration System. outstation towns: Galle, Jaffna the largest single condominium and Trincomalee. development in Sri Lanka. 1973 1988 Agriculture Service Centre Installation of the first BoC 1946 Automated Teller Machine ushers Foreign Department established. concept implements. Operations commence at over 350 Agricultural in the electronic banking era. 2005 Operates from offices at the Balance Sheet footings top Service Centre Branches, with the Grand Oriental Hotel (GOH) Rs. 300 billion the largest asset implementation of Comprehensive Building, Colombo Fort. base of any Sri Lankan bank. Rural Credit Scheme. 1989 Wide range of relief, rehabilitation Ceybank Visa credit card and reconstruction activities 1949 introduces in collaboration with First overseas branch opens undertaken and financed in the 1978 Visa International.
Recommended publications
  • Discourses of Ethno-Nationalism and Religious Fundamentalism
    DISCOURSES OF ETHNO-NATIONALISM AND RELIGIOUS FUNDAMENTALISM SRI LANKAN DISCOURSES OF ETHNO-NATIONALISM AND RELIGIOUS FUNDAMENTALISM By MYRA SIVALOGANATHAN, B.A. A Thesis Submitted to the School of Graduate Studies In Partial Fulfillment of the Requirements for the Degree Master of Arts McMaster University © Copyright by Myra Sivaloganathan, June 2017 M.A. Thesis – Myra Sivaloganathan; McMaster University – Religious Studies. McMaster University MASTER OF ARTS (2017) Hamilton, Ontario (Religious Studies) TITLE: Sri Lankan Discourses of Ethno-Nationalism and Religious Fundamentalism AUTHOR: Myra Sivaloganathan, B.A. (McGill University) SUPERVISOR: Dr. Mark Rowe NUMBER OF PAGES: v, 91 ii M.A. Thesis – Myra Sivaloganathan; McMaster University – Religious Studies. Abstract In this thesis, I argue that discourses of victimhood, victory, and xenophobia underpin both Sinhalese and Tamil nationalist and religious fundamentalist movements. Ethnic discourse has allowed citizens to affirm collective ideals in the face of disparate experiences, reclaim power and autonomy in contexts of fundamental instability, but has also deepened ethnic divides in the post-war era. In the first chapter, I argue that mutually exclusive narratives of victimhood lie at the root of ethnic solitudes, and provide barriers to mechanisms of transitional justice and memorialization. The second chapter includes an analysis of the politicization of mythic figures and events from the Rāmāyaṇa and Mahāvaṃsa in nationalist discourses of victory, supremacy, and legacy. Finally, in the third chapter, I explore the Liberation Tiger of Tamil Eelam’s (LTTE) rhetoric and symbolism, and contend that a xenophobic discourse of terrorism has been imposed and transferred from Tamil to Muslim minorities. Ultimately, these discourses prevent Sri Lankans from embracing a multi-ethnic and multi- religious nationality, and hinder efforts at transitional justice.
    [Show full text]
  • Reforming Sri Lankan Presidentialism: Provenance, Problems and Prospects Volume 2
    Reforming Sri Lankan Presidentialism: Provenance, Problems and Prospects Edited by Asanga Welikala Volume 2 18 Failure of Quasi-Gaullist Presidentialism in Sri Lanka Suri Ratnapala Constitutional Choices Sri Lanka’s Constitution combines a presidential system selectively borrowed from the Gaullist Constitution of France with a system of proportional representation in Parliament. The scheme of proportional representation replaced the ‘first past the post’ elections of the independence constitution and of the first republican constitution of 1972. It is strongly favoured by minority parties and several minor parties that owe their very existence to proportional representation. The elective executive presidency, at least initially, enjoyed substantial minority support as the president is directly elected by a national electorate, making it hard for a candidate to win without minority support. (Sri Lanka’s ethnic minorities constitute about 25 per cent of the population.) However, there is a growing national consensus that the quasi-Gaullist experiment has failed. All major political parties have called for its replacement while in opposition although in government, they are invariably seduced to silence by the fruits of office. Assuming that there is political will and ability to change the system, what alternative model should the nation embrace? Constitutions of nations in the modern era tend fall into four categories. 1.! Various forms of authoritarian government. These include absolute monarchies (emirates and sultanates of the Islamic world), personal dictatorships, oligarchies, theocracies (Iran) and single party rule (remaining real or nominal communist states). 2.! Parliamentary government based on the Westminster system with a largely ceremonial constitutional monarch or president. Most Western European countries, India, Japan, Israel and many former British colonies have this model with local variations.
    [Show full text]
  • Update UNHCR/CDR Background Paper on Sri Lanka
    NATIONS UNIES UNITED NATIONS HAUT COMMISSARIAT HIGH COMMISSIONER POUR LES REFUGIES FOR REFUGEES BACKGROUND PAPER ON REFUGEES AND ASYLUM SEEKERS FROM Sri Lanka UNHCR CENTRE FOR DOCUMENTATION AND RESEARCH GENEVA, JUNE 2001 THIS INFORMATION PAPER WAS PREPARED IN THE COUNTRY RESEARCH AND ANALYSIS UNIT OF UNHCR’S CENTRE FOR DOCUMENTATION AND RESEARCH ON THE BASIS OF PUBLICLY AVAILABLE INFORMATION, ANALYSIS AND COMMENT, IN COLLABORATION WITH THE UNHCR STATISTICAL UNIT. ALL SOURCES ARE CITED. THIS PAPER IS NOT, AND DOES NOT, PURPORT TO BE, FULLY EXHAUSTIVE WITH REGARD TO CONDITIONS IN THE COUNTRY SURVEYED, OR CONCLUSIVE AS TO THE MERITS OF ANY PARTICULAR CLAIM TO REFUGEE STATUS OR ASYLUM. ISSN 1020-8410 Table of Contents LIST OF ACRONYMS.............................................................................................................................. 3 1 INTRODUCTION........................................................................................................................... 4 2 MAJOR POLITICAL DEVELOPMENTS IN SRI LANKA SINCE MARCH 1999................ 7 3 LEGAL CONTEXT...................................................................................................................... 17 3.1 International Legal Context ................................................................................................. 17 3.2 National Legal Context........................................................................................................ 19 4 REVIEW OF THE HUMAN RIGHTS SITUATION...............................................................
    [Show full text]
  • Preparedness for Implementation of Sustainable Development Goals
    Preparedness for Implementation of Sustainable Development Goals Report No.PER/2017/2018/SDG/05 National Audit Office Performance Audit Division 1 | P a g e National preparedness for SDG implementation The summary of main observations on National Preparedness for the Implementation of Sustainable Development Goals (SDGs) is as follows. 1. The Rapid Integrated Assesment (RIA) is a first step in the process of aligning the country,s national development plan or public Investment programme with SDGs and RIA reveals an uneven alignment between the policy initiatives in the 2017 -2020 Public Investment Programme and the SDG target areas for the economy as (84%) people (80%) planet (58%) peace (42%) and partnership (38%). 2. After deducting debt repayments, the Government has allocated Rs. 440,787 million or 18 percent out of the total national budget of Rs. 2,997,845 million on major projects which identified major targets of relevant SDGs in the year 2018. 3. Sri Lanka had not developed a proper communication strategy on monitoring, follow up, review and reporting on progress towards the implementation of the 2030 agenda. 2 | P a g e Audit at a glance The information gathered from the selected participatory Government institutions have been quantified as follows. Accordingly, Sri Lanka has to pay more attention on almost all of the areas mentioned in the graph for successful implementation of Sustainable Development Goals. 40.0% Alignment of budgets, policies 34.5% and programmes 35.0% Policy integration and coordination 30.0% 28.5% 28.3% 27.0% 26.6% Creating ownership and engaging stakeholders 25.0% 24.0% Identification of resources and 20.5% 21.0% capacities 20.0% Mobilizing partnerships 15.0% Managing risks 10.0% Responsibilities, mechanism and process of monitoring, follow-up 5.0% etc (institutional level) Performance indicators and data 0.0% 3 | P a g e Contents Executive Summary ................................................................................................................
    [Show full text]
  • Transparency International Sri Lanka V. Presidential Secretariat
    At the Right to Information Commission of Sri Lanka Transparency International Sri Lanka v. Presidential Secretariat RTICAppeal/06/2017 Appeals heard as part of the meetings of the Commission on 12.06.2017 (RTIC Appeal/05/2017); 19.06.2017( RTIC Appeal/06/2017); 08.08.2017, 25.09.2017, 06.11.2017; 08.01.2018; 23.02.2018 (delivery of Order on Jurisdiction);24.04.2018 (amendment of papers by Appellant);26.06.2018; 04.09.2018 and 30.10.2018 Record of Proceedings and Order On Merits delivered on 4th December 2018 Chairperson: Mr. Mahinda Gammampila Commission Members: Ms. Kishali Pinto-Jayawardena Mr. S.G. Punchihewa Dr. Selvy Thiruchandran Justice Rohini Walgama Appellant: Transparency International Sri Lanka Notice issued to: Secretary to the President, Presidential Secretariat Information Request filed to Presidential Secretariat on 03.02.2017 Response by Information Officer on 06.03.2017 Appeal filed to Designated Officer on 10.03.2017 Response by Designated Officer on 20.03.2017 Appeal filed to RTI Commission on 19.05.2017 Written Submissions/Further Written Submissions filed on; (By the Appellant: 25.07.2017, 23.10.2017, 04.01.2018; 08.01.2018; 25. 06. 2018; 25.10.2018; 23.11.2018) (By the Respondent: Presidential Secretariat: 31.07.2017, 08.09.2017; 03.01.2018; 04.09.2018) Appearance/ Represented by: Counsel for the Appellant (appearing at various times during the hearing of the appeal): Mr. Gehan Goonetilleka, AAL Ms Sankhitha Guneratne, AAL 1 At the Right to Information Commission of Sri Lanka Counsel for the PA (Presidential Secretariat): Mr.
    [Show full text]
  • Name List of Sworn Translators in Sri Lanka
    MINISTRY OF JUSTICE Sworn Translator Appointments Details 1/29/2021 Year / Month Full Name Address NIC NO District Court Tel No Languages November Rasheed.H.M. 76,1st Cross Jaffna Sinhala - Tamil Street,Ninthavur 12 Sinhala - English Sivagnanasundaram.S. 109,4/2,Collage Colombo Sinhala - Tamil Street,Kotahena,Colombo 13 Sinhala - English Dreyton senaratna 45,Old kalmunai Baticaloa Sinhala - Tamil Road,Kalladi,Batticaloa Sinhala - English 1977 November P.M. Thilakarathne Chilaw 0777892610 Sinhala - English P.M. Thilakarathne kirimathiyana East, Chilaw English - Sinhala Lunuwilla. S.D. Cyril Sadanayake 26, De silva Road, 331490350V Kalutara 0771926906 English - Sinhala Atabagoda, Panadura 1979 July D.A. vincent Colombo 0776738956 English - Sinhala 1 1/29/2021 Year / Month Full Name Address NIC NO District Court Tel No Languages 1992 July H.M.D.A. Herath 28, Kolawatta, veyangda 391842205V Gampaha 0332233032 Sinhala - English 2000 June W.A. Somaratna 12, sanasa Square, Gampaha 0332224351 English - Sinhala Gampaha 2004 July kalaichelvi Niranjan 465/1/2, Havelock Road, Colombo English - Tamil Colombo 06 2008 May saroja indrani weeratunga 1E9 ,Jayawardanagama, colombo English - battaramulla Sinhala - 2008 September Saroja Indrani Weeratunga 1/E/9, Jayawadanagama, Colombo Sinhala - English Battaramulla 2011 July P. Maheswaran 41/B, Ammankovil Road, Kalmunai English - Sinhala Kalmunai -2 Tamil - K.O. Nanda Karunanayake 65/2, Church Road, Gampaha 0718433122 Sinhala - English Gampaha 2011 November J.D. Gunarathna "Shantha", Kalutara 0771887585 Sinhala - English Kandawatta,Mulatiyana, Agalawatta. 2 1/29/2021 Year / Month Full Name Address NIC NO District Court Tel No Languages 2012 January B.P. Eranga Nadeshani Maheshika 35, Sri madhananda 855162954V Panadura 0773188790 English - French Mawatha, Panadura 0773188790 Sinhala - 2013 Khan.C.M.S.
    [Show full text]
  • Sri Pada': TRENDS in POPULAR BUDDHISM in SRI LANKA
    GOD OF COMPASSION AND THE DIVINE PROTECTOR OF 'sRi pADA': TRENDS IN POPULAR BUDDHISM IN SRI LANKA Introduction Theravada Buddhism in Sri Lanka has always coexisted with various forms of other religious practices oriented to deities, planets, astrology and demons (yakku), and some of these often figure in the Hindu tradition as well. However, the Buddhist doctrine in its canonical form stands apart from the culturally- specific forms of popular religious practices. Beliefs in gods and other supernatural powers and rituals are, in theory, inappropriate to be considered as part of Buddhism. But many anthropologists and sociologists who have spent extended periods of time in Theravada Buddhist societies have shown that Buddhists do believe in various types of supernatural powers and the magical efficacy of rituals which are outside the Buddhist doctrine. According to Obeyesekere (1962) astrology, gods and demon belief in 'Sinhala Buddhism' are guided by basic Buddhist principles such as karma, rebirth, suffering etc. So in that sense the practice of deity worship cannot be described as totally un- Buddhistic, yet at the same time it does not fall into the category of folk religious practices like bali and tovil adopted by popular Buddhism (see De Silva 2000, 2006). In Sri Lanka. there are four deities regarded as the guardians of the Buddha-sasana in the island: Vishnu, Saman, Kataragama, Natha and Pattini. Although Vishnu and Kataragama (Skanda) are originally Hindu gods, the Buddhists have taken them over as Buddhist deities, referring to them also by the localized designation, Uppalavanna and Kataragama. The role of Kataragama, Vi1inI1UNatha, and Pattini worship in the contemporary Sri Lankan society has been well researched by several scholars (e.g., Obeyesekere 1984; Holt 1991,2005; Gunasekara 2007) but the position of god Saman in the similar context has not been adequately investigated.
    [Show full text]
  • Kartikeya - Wikipedia, the Free Encyclopedia
    קרטיקייה का셍तिकेय http://www.wisdomlib.org/definition/k%C4%81rtikeya/index.html का셍तिकेय كارتِيكيا کارتيکيا تک ہ का셍तिकेय کا ر یی http://uh.learnpunjabi.org/default.aspx Kartikeya - Wikipedia, the free encyclopedia https://en.wikipedia.org/wiki/Kartikeya Kartikeya From Wikipedia, the free encyclopedia Kartikeya (/ˌkɑrtɪˈkeɪjə/), also known as Skanda , Kumaran ,Subramanya , Murugan and Subramaniyan is Kartikeya the Hindu god of war. He is the commander-in-chief of the Murugan army of the devas (gods) and the son of Shiva and Parvati. Subramaniyan God of war and victory, Murugan is often referred to as "Tamil Kadavul" (meaning "God of Tamils") and is worshiped primarily in areas with Commander of the Gods Tamil influences, especially South India, Sri Lanka, Mauritius, Indonesia, Malaysia, Singapore and Reunion Island. His six most important shrines in India are the Arupadaiveedu temples, located in Tamil Nadu. In Sri Lanka, Hindus as well as Buddhists revere the sacred historical Nallur Kandaswamy temple in Jaffna and Katirk āmam Temple situated deep south. [1] Hindus in Malaysia also pray to Lord Murugan at the Batu Caves and various temples where Thaipusam is celebrated with grandeur. In Karnataka and Andhra Pradesh, Kartikeya is known as Subrahmanya with a temple at Kukke Subramanya known for Sarpa shanti rites dedicated to Him and another famous temple at Ghati Subramanya also in Karnataka. In Bengal and Odisha, he is popularly known as Kartikeya (meaning 'son of Krittika'). [2] Kartikeya with his wives by Raja Ravi Varma Tamil காத
    [Show full text]
  • 47273-005: Integrated Road Investment Program – Tranche 3
    Environmental Monitoring Report Project Number: 47273-004 /005 /006 Loan Numbers: Tranche 2 – 3221 /3222 Tranche 3 – 3325 /3326 Tranche 4 – 3610 Annual Report December 2018 SRI: Integrated Road Investment Program – Tranches 2, 3 & 4 PIC 02 – North Western and North Central Provinces Prepared by the Road Development Authority, Ministry of Highways and Road Development and Petroleum Resources Development for the Asian Development Bank. This environmental management and monitoring report is a document of the borrower. The views expressed herein do not necessarily represent those of ADB's Board of Directors, Management, or staff, and may be preliminary in nature. Your attention is directed to the “terms of use” section on ADB’s website.'. In preparing any country program or strategy, financing any project, or by making any designation of or reference to a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area ADB FUNDED INTEGRATED ROAD INVESTMENT PROGRAM ANNUAL ENVIRONMENT COMPLIANCE MONITORING REPORT NORTH CENTRAL & NORTH WESTERN PROVINCES REPORT PREPARED BY PYUNGHWA ENGINEERING CONSULTANTS In Association with RESOURCES DEVELOPMENT CONSULTANTS On behalf of ROAD DEVELOPMENT AUTHORITY MINISTRY OF HIGHWAYS, ROAD DEVELOPMENT AND PETROLEUM PRODUCTS Submitted to ASIAN DEVELOPMENT BANK Content No. Content Page Content 1 Abbreviation 6 1.0 Introduction 9 1.1 Contract Package Summary 11 Staffing Setup (PIU/PIC/Contractor) with respect to 1.2 18 environmental safeguards 1.2.1 PIU Staff 19 1.2.2 PIC Staff 20 1.2.3 Contractor’s Staff 21 1.3 Purpose and Structure of the Project 23 2.0 Progress of civil works during the reporting period 23 2.1 Contract KU1 – Contractor Maga Engineering PLC 23 2.2 Contract KU2 – Contractor KDAW-BMG Joint Venture 25 Contract KU3 – Contractor Ranken Railway Construction Co.
    [Show full text]
  • Thaipusam in Malaysia: a Hindu Festival in the Tamil Diaspora
    Index A annathanam, 248–49, 260 Adi Dravida castes anti-Brahman movement, 77 association, 109 Appadurai, Arjun, 37–38, 55n11 ban on Kopkamtib, 280 Arasaratnam, S., 8–9, 12n11, 88–89 caste boundaries and inter-caste Arulmigu Dhandayuthapani Temple, perceptions, 89–90 Palani definition of, 34–35 Brahman Thaipusam. See Brahman kangany recruitment, 87–88 Thaipusam, pada yatra Murugan temples, 141 caste deity of Chettiars, 93 Penang Mariamman temples healing traditions, 257 admission to, 89 Idumban, 267 Sangams, 88–89, 91 kavadi ritual, 256 in Thaipusam, 330 mythology, 299–300 Agamic Hinduism, 20, 26, 30, 36–37, Panguni Uttiram, 257 98 self-mortification, 257 Agamicization, in Malaysia, 115–19 Arul Mihu Navasakhti Vinayagar Agamic pantheon, 290 Temple, 277 Agamic temples, 91–93, 96 Aruncalan, M.V., 44 Agastya, 169 astrology, 308 Agnimukhan, 155 asuras, Murugan’s battle with, 334–36 ahamkara, 144 asuric inversion, 150 Akhiresa, 143 axis mundi, as pilgrimage sites, 290, alankara deepam, 200, 301 292, 297 aluga kavadi, 213, 238n82, 250 ayuta puja, 23 Kallar festival, 258 in Penang, 250 B amnesia and trance, 323–24 Babb, Lawrence, 198–99, 270, 309 Amos, Eva, 349n150 Banugopan, 155 anava, 51 Barber, Benjamin, 8 Anbe Sivam, 48 Barron, J.M., 89 16-J00516 12 Thaipusam in Malaysia.indd 391 11/1/17 2:38 PM 392 Index Batu Caves Thaipusam, 297–99 Vaishnavite imagery, 197 abishekam, 207 vel placement, 187 alankara deepam, 200 vibhuti, 225, 229, 235n49, 236n51 asrama, 190 Beardsworth, Timothy, 327 Cave Villa, 194–95, 198 Beck, Brenda, 339–41 chaulum, 207 Bhagavad Gita, 41 crowd maintenance, 202 bhakti movement, South India, 41–43 Dark Cave, 191 impact of, 42 devastanam management, 201, Nayanars, 43–45 233n25, 235n43 and transgressive sacrality, 43–47 foreign tourists, 28 bhuta, spirit worship, 99–101 funfair and retail stalls, 210 Biardeau, Madeleine, 258 Golden Vel, 207, 211 Bilainkin, George, 129n87 Hindu murthis and temples, 186–87, Blackburn, Robin, 67 193, 196 Bose, Subhas Chandra, 4 kaliyuga, 194 brahmadeyas, 26–27, 47 kavadi ritual.
    [Show full text]
  • The Journal of the International Association for Bon Research
    THE JOURNAL OF THE INTERNATIONAL ASSOCIATION FOR BON RESEARCH ✴ LA REVUE DE L’ASSOCIATION INTERNATIONALE POUR LA RECHERCHE SUR LE BÖN New Horizons in Bon Studies 3 Inaugural Issue Volume 1 – Issue 1 The International Association for Bon Research L’association pour la recherche sur le Bön c/o Dr J.F. Marc des Jardins Department of Religion, Concordia University 1455 de Maisonneuve Ouest, R205 Montreal, Quebec H3G 1M8 Logo: “Gshen rab mi bo descending to Earth as a Coucou bird” by Agnieszka Helman-Wazny Copyright © 2013 The International Association for Bon Research ISSN: 2291-8663 THE JOURNAL OF THE INTERNATIONAL ASSOCIATION FOR BON RESEARCH – LA REVUE DE L’ASSOCIATION INTERNATIONALE POUR LA RECHERCHE SUR LE BÖN (JIABR-RAIRB) Inaugural Issue – Première parution December 2013 – Décembre 2013 Chief editor: J.F. Marc des Jardins Editor of this issue: Nathan W. Hill Editorial Board: Samten G. Karmay (CNRS); Nathan Hill (SOAS); Charles Ramble (EPHE, CNRS); Tsering Thar (Minzu University of China); J.F. Marc des Jardins (Concordia). Introduction: The JIABR – RAIBR is the yearly publication of the International Association for Bon Research. The IABR is a non-profit organisation registered under the Federal Canadian Registrar (DATE). IABR - AIRB is an association dedicated to the study and the promotion of research on the Tibetan Bön religion. It is an association of dedicated researchers who engage in the critical analysis and research on Bön according to commonly accepted scientific criteria in scientific institutes. The fields of studies represented by our members encompass the different academic disciplines found in Humanities, Social Sciences and other connected specialities.
    [Show full text]
  • Govind Bharathan Larry Haas Cb
    I t*cU * fit'ii Uj % LIST '01 PM&ICI1ANTS IK Y .« i . Ti3i LiM O H S M - LOGCL +m — mm—« » held at Rockhill nersitage frosa 15-1-84 to I5»S,84 Hector &amarara4ae Peng & Lily Sunita Pharma No.2, Watapuluva Housing Scheme Lraerstraai 14 kiJO)Y APSTELVEBN S ri Lanka H o llan d T e l i 020-431355 Peter M. Proa® W upper-sir, 3 Deepal Sooriy&raefcehi 5300 I.-GKN 2 "Sooriyasirin W— Geraany LABUGAMA/ IiALTGTA via Horana M ichael MBfcitiB Sri Lanka PSrdestr* 6 H—2390 FLBNSBUKG liukaisa&d Abdullah (ChristM n Rust) V. — Germany Eckemfoerde V— Germany JieniR Hose Eosidiill 1 endta e "Shantl* (Heidi Baltaar) ”L* Oliviette” lieissliard v. Lirchbach Cherain Mas de itcbin /.I ienhof 34400 LUNEL *2330 HCtvLRKFO LliliH France w~ Germany Tela 04351 -43429 Govind Bharathan Larry Haas Cb. i t ra va th y n ^Mezzanine*' Cliittoor Road Lely lamily Convent COG,IK - 18 jfrj&JN 1 iJU Ltk V; ELtii K e rala S r i Lanka INDIA fel: B’vela 39-6 Tel: 34546 ie rtit Mrs-al Fernando e/o Yeti. LeegaLakivule Sugatbawansa Thera Chief Incumbent .arare.ela Arannya benasanaya Hat-buna ; .aliiyaii ganaya S r i .aaiikii VOil * - » i.assapa Thera, Lc chij.il ..eruitage G -tiX-- — X .. ... end i y&den i ya via Canpolc Sri j^aiika ..Li.iuii.Lu 0 lauds *r&n< r •ioeiJ.ill , rr(. it age aj . ouiavi L„ SalaHurieen 3 2 £ f Trinco otract a .;I Y IKTEERELIGIGUS DIALOGUE, SESSION 4 JANUARY 15 - FEBRUARY 15 1984 RocRhi11 Hermitage "Wegirikande Bondiyadeniya via Sampola SRI LANKA January 14 preliminary talk over soup.
    [Show full text]