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World Press Freedom Day 2021 to be marked with webinar on Right to Information
The Sri Lanka Press Institute (SLPI) marks the World Press Freedom Day today in concurrence with UNESCO’s commemoration of 30 years of the Windhoek Declaration under the theme Strengthening Journalism to advance Democracies; Information as a Public Good. The completion of 30 years of the landmark Windhoek Declaration for the development of free independent and […]
Sri Lanka needs resilient logistics system: World Bank
By Winnie Wang , Senior Transport Specialist, World Bank Logistics carry dreams. Back in 2007, when I applied to graduate schools in the United States, nothing could beat the excitement of handing over my applications to FedEx, clinging to the receipts with precious tracking numbers, and checking them a hundred times a day until I got confirmation that […]
Opinion: Rejuvenating waste plastic bottles, a universal treasure
By Michael F. Perera Valuable resources are extracted every day to develop convenient products such as bottles, containers and more. As the extraction of virgin resources rapidly depletes the availability of such, it is high time a sustainable alternative is fetched, to ensure longevity and liveability for future generations. With the prices for virgin material […]
State Minister Cabraal visits Qatar to explore means to expand economic cooperation
A Sri Lankan delegation headed by the State Minister of Finance, Capital Market and State Enterprise Reforms Ajith Nivard Cabraal visited the State of Qatar recently. The Embassy of Sri Lanka in Doha organized a series of meetings for the State Minister Cabraal and the accompanying Sri Lankan delegation from the Central Bank of Sri […]
Opinion: Quality at the Supplier’s end – the crux of the Coconut Oil Crisis
By Alahendra Amaradasa Today, more than ever before, there has come to the fore the pressing need for ensuring quality of supplies at the supplier’s end to avert many national disasters. The country is facing crisis after crisis plunging itself and the economy into unprecedented depths due to this monumental quality blunder – not being […]
Seylan Bank records Rs.1Bn PAT in 2021 Q1 despite Covid challenges
Seylan Bank made a steady start in 2021 by posting a Profit After Tax (PAT) of LKR 1Bn in Q1 2021 amidst macro-economic challenges brought in by the COVID-19 pandemic. Statement of Financial Performances Interest income recorded a decline due to the lower interest rates and moderate book growth but net interest margin showed a […]
NCPI based inflation increased to 5.1-pct in March 2021
Headline inflation as measured by the year-onyear (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100)1 increased to 5.1 percent in March 2021 from 4.2 percent in February 2021. This was due to the statistical effect of the low base prevailed in March 2020. Meanwhile, Food inflation (Y-o-Y) increased to 8.8 percent in March […]
Eran in Parliament: Govt. usurps judicial power to decide the merits and demerits of the court cases
The Commission of Inquiry on political victimization was appointed in January 2020 and the report to President was given in December 2020. Thereafter Cabinet approval was obtained and another special Presidential Commission of Inquiry was appointed. Furthermore, we saw on the 09th of April a resolution brought to Parliament stating that things that should be […]
SL participates in region-wide activity to consolidate joint COVID-19 cooperation
Foreign Minister Dinesh Gunawardena participated in a joint video conference on COVID-19 response involving his counterparts from China, Afghanistan, Bangladesh, Nepal and Pakistan recently. The discussions focused on consolidating COVID-19 response cooperation and promoting post-pandemic economic recovery as well as poverty alleviation amidst the recent spike in COVID-19 infections. During his remarks, Minister Gunawardena underlined […]
World Bank approves USD80.5Mn additional financing to help SL access to COVID-19 vaccines
The World Bank today approved $80.5 million additional financing to help Sri Lanka access and distribute fairly COVID-19 vaccines and to strengthen the country’s vaccination system and pandemic response. This additional finance builds on the $217.56 million Sri Lanka COVID-19 Emergency Response and Pandemic Preparedness Project, which was approved in April 2020. This new financing will […]