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CA Sri Lanka & APFASL launches Master’s Degree in Public Financial Management
Turning a new leaf in the country’s public financial management, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) together with its public sector wing, the Association of Public Sector Accountants of Sri Lanka (APFASL) launched the Master of Public Financial Management (MPFM) Degree Programme, which aims to reinforce public sector professionals including […]
Western Province Solid Waste Management Master Plan Finalized
The final Joint Coordinating Committee (JCC) meeting of the Project for Formulation of Western Province Solid Waste Management Master Plan was held on May 18, 2023. The meeting was chaired by Ms. Kodippiliarachchi, Additional Secretary (Provincial Councils and Local Government), Ministry of Public Administration, Home Affairs, Provincial Councils, and Local Government. At the JCC meeting, […]
Over Two Thousand tourists on Cruise Liner at HIP
Two thousand two hundred passengers arrived at the Hambantota International Port (HIP) yesterday, on board cruise liner, Mein Schiff 5. The vessel is on a 60 day cruise from Hong Kong to Heraklion in Greece, visiting several ports in Japan, South Korea, Taiwan, Vietnam, Thailand, Singapore, Sri Lanka, Oman, Jordan and Egypt in between. The […]
PUCSL Chair calls for 27-pct electricity tariff reduction: CEB says 3-pct only
Chairman of Public Utilities Commission of Sri Lanka, Janaka Ratnayake emphasized that there is a possibility of reducing electricity tariffs by 27 percent. The Ceylon Electricity Board (CEB) has submitted a proposal to reduce the tariffs by only 3 percent. The PUCSL has informed the CEB to submit the correct data to reduce the electricity […]
Government has brought anti-corruption Bill not to catch thieves but to imprison the whistle blowers: Eran
SJB Parliamentarian Eran Wickramaratne said that the government has brought a new legislation called Anti –corruption Bill is aimed at not to prevent bribery and corruption but more to make the informants – the whistle blowers about the thieves afraid and silence them. The new anti-corruption Bill proposed by the government enshrines that a person […]
Teejay ends 2022-23 with 70-pct revenue growth despite tough H2
Posts revenue of Rs 84 billion for full year; Rs 17.3 billion in Q4 Sri Lanka’s first multinational textile manufacturer Teejay Lanka PLC has ended 2022-23 with noteworthy revenue and gross profit growth demonstrating its resilience in the face of external challenges and higher taxation that pressured profits in the second half of the […]
Will Govt place entire burden of domestic treasury bond debt optimization on EPF? Harsha
In a recent press conference MP Harsha de Silva outlined several critical points regarding the IMF Program and expressed general agreement with the stabilization program but stressed the need for specific amendments to focus the program towards medium-term growth. De Silva questioned the four-year plan outlined in the IMF Program. He pointed out that while […]
UNDP and National Innovation Agency partner to mainstream social innovation in Sri Lanka
Social innovation is the process of developing and implementing innovative ideas, products, and services to address social and environmental challenges, and is important in development as it provides new and creative solutions to complex social problems, such as poverty, inequality, and environmental degradation. With the increase in complexity and scale of social challenges, there is […]
‘s tea industry with options for expansion
Ambassador Dr. Palitha Kohona attended the Belt and Road International Tea Trading Forum in Hefeng County, Hubei Province as a guest speaker. Hubei has over 700,000 hectares of immaculately tended tea gardens. Addressing the gathering of tea experts (including many academics), senior government and party officials, tea traders and diplomats, Ambassador Kohona, as an invited […]
Port City celebrates milestone as development nears completion & commercialization to begin
Port City Colombo (PCC), the ground-breaking infrastructure project aimed at reshaping Sri Lanka’s economic landscape, celebrated a momentous milestone as its infrastructure development phase nears completion and commercialization is set to begin. The occasion was marked by a moment of unity with a multi-religious ceremony, invoking blessings on the nation and the project’s success. The […]