All Blogs
K.C.Vignarajah, 1940-2024, An Appreciation
By Jekhan Aruliah I first met Kangasu Chelvadurai Vignarajah, known to many by his initials KC, in 2016. I remember from that first meeting, a dinner of the Sri Lanka India Society, the mischief in his smile, the glint in his eye. Always elegantly dressed, Vigna had rare poise, manners and eloquence. It was a […]
VIDEO: FBI releases identity of suspected gunman in assassination attempt of former president Donald Trump
Former President Donald Trump was the target of an assassination attempt Saturday at a Pennsylvania rally, days before he was to accept the Republican nomination for a third time. A barrage of gunfire set off panic, and a bloodied Trump, who said he was shot in the ear, was surrounded by Secret Service and hurried […]
Seylan LKR 10Bn Debenture Issue oversubscribed on opening day
Seylan Bank, announced that its recent LKR 10Bn Debenture issue was oversubscribed on its opening day, with applications for over 100 million debentures, signalling strong investor confidence. The Bank issued an initial LKR 5 billion in Basel III-compliant, Tier 2, listed, rated, unsecured, subordinated, redeemable debentures. These debentures, priced at Rs. 100 each, have maturity […]
‘s debt restructuring deal with bondholders, says IMF
The International Monetary Fund (IMF) is currently evaluating Sri Lanka’s recent debt restructuring deal with bondholders, according to Julie Kozack, Director of the Communications Department at the IMF. The IMF highlighted that their team is assessing whether the agreed terms align with the parameters set forth in their program for Sri Lanka. This assessment will […]
Director General of UNESCO Audrey Azoulay to visit Sri Lanka
The Director-General of the United Nations Educational, Scientific and Cultural Organization (UNESCO) Audrey Azoulay will visit Sri Lanka from 16 – 19 July 2024 at the invitation of the Government of Sri Lanka. During the visit, Director-General Azoulay will call on President Ranil Wickremesinghe and will have meetings with Minister of Education Susil Premajayantha and […]
COPF uncovers major failings in online visa procurement; calls for forensic audit & possible abrogation or amendment
The Committee on Public Finance (COPF), chaired by Dr. Harsha de Silva, has released a critical report revealing major discrepancies in the procurement process and agreement with the Consortium comprising GBS Technology Services, IVS Global-FZCO, and VF Worldwide Holdings Ltd. The Committee’s findings highlight significant concerns and recommend urgent corrective actions. Key Findings: Uncompetitive Procurement […]
Growth and Scale Summit 2024: Learn from global experts online for free
The Global Growth and Scale Summit 2024 is poised to be a transformative event for business owners, entrepreneurs, and working professionals worldwide. Hosted by Shihan Sheriff, a 3X Amazon Best Selling and international award-winning author, this free global online summit will feature 45 global experts, each offering unique insights and expertise. The event is supported […]
Asiri Hospitals and NITF sign Agreement to provide healthcare benefits for all Agrahara members
Asiri Group of Hospitals, trusted for high standards in patient-centered care has signed a landmark agreement with the National Insurance Trust Fund (NITF), to provide comprehensive concessions to all government employees through the Agrahara Medical Insurance scheme. The Memorandum of Understanding (MoU) was signed by Dr. Manjula Karunaratne, Director/Group CEO of Asiri Hospitals, and Gamani […]
Gear Up: SpeedBay endurance championship – 6hrs hits track this Saturday
The SpeedBay Endurance Karting Championship 2024 comes to life following a 5-year hiatus with it much anticipation and excitement amongst the competitors and racing enthusiasts. Endurance Karting aims to test the stamina, strategy, and teamwork of drivers. Teams of drivers take turns navigating go-karts around the FIA-CIK certified SpeedBay Karting Track in Bandaragama, striving to […]
Ceylon Chamber hosts ADB consultation mission to strengthen agri-food value chains in Sri Lanka
As part of efforts to address the urgent need for reforms in Sri Lanka’s agriculture sector, the Ceylon Chamber hosted a consultation mission from the Asian Development Bank (ADB). The mission aims to prepare an investment project to bolster Sri Lanka’s agribusiness sector through targeted investments, technical support, and policy reforms. The Ceylon Chamber brought […]