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Unveiling the Silent Stakeholder: The Call for Farm Animal Welfare in Sustainability Reporting
A ground-breaking study by researchers Saviesha Samaraweera and Isuru Manawadu from the University of Sri Jayewardenepura sheds light on an overlooked dimension of corporate responsibility in Sri Lanka. Farm animal welfare (FAW) is a pressing ethical concern within the global food industry, yet it remains glaringly absent in many corporate sustainability reports. In Sri Lanka, […]
ADB approves USD200 mn policy-based loan to help Sri Lanka strengthen its financial sector
The Asian Development Bank (ADB) today approved a $200 million policy-based loan to further help the Government of Sri Lanka strengthen its financial sector. This second subprogram of ADB’s Financial Sector Stability and Reforms Program builds on the stabilization and crisis management measures put in place under the first subprogram approved in 2023. “Sri Lanka […]
Sri Lanka Recognized as a Tier 2 – Advancing Country in the Global Cybersecurity Index
Sri Lanka has made significant strides in strengthening its cybersecurity landscape, positioning itself as a leader in the region. This progress is reflected in its recognition as an “Advancing” country in the Global Cybersecurity Index (GCI), which highlights its commitment to enhancing cybersecurity practices across multiple pillars. The Global Cybersecurity Index (GCI) that published by […]
Opinion: Good Governance – The People’s Expectations from Sri Lanka’s New Government
By Uddeepa Peiris Sri Lanka’s new government and cabinet, ushered in with promises of change and progress, face the crucial task of meeting public expectations for good governance. After years of political and economic instability, Sri Lankans demand a transparent, accountable, and people-centric administration that can drive the nation toward sustainable development. Drawing lessons from […]
President Dissanayake Urges IMF to Strike a Balance in Economic Recovery Program
The government of President Anura Kumara Dissanayake reaffirmed its readiness to collaborate with the International Monetary Fund (IMF) to advance Sri Lanka’s economic recovery within the context of the mandate. Senior Mission Chief Peter Breuer and the IMF delegation met with President Dissanayake and key ministers of the newly-formed government at the Presidential Secretariat yesterday […]
Sri Lankan Students in the U.S. Increase by 10-pct: Open Doors Report Highlights Growing Educational Ties
The U.S. Embassy in Colombo is pleased to announce the release of the 2024 Open Doors Report on International Educational Exchange, which highlights a 10% increase in the number of Sri Lankan students studying at U.S. colleges and universities during the 2023-2024 academic year. This reflects a growing trend of Sri Lankan students seeking world-class […]
SEC Renews MOUs with National Universities to Grant more Opportunities for Undergraduates
The Securities and Exchange Commission (SEC) signed revised Memoranda of Understanding (MoUs) with Eastern University of Sri Lanka (EUSL) and the South Eastern University of Sri Lanka (SEUSL) last week, reinforcing its commitment to supporting the educational and career aspirations of undergraduates. The SEC began its partnership with national universities in 2008 through the signing […]
Sri Lanka Banks’ Association reiterates support to new government
The Sri Lanka Banks’ Association (SLBA) has congratulated President Anura Kumara Dissanayake on his party’s resounding victory at the Parliamentary election and pledged its support to the new government in the challenging journey ahead. The Association, which represents all licenced banks in Sri Lanka, also noted that its recent interactions with the Presidential Secretariat has […]
Ministers must exercise their unlimited power with responsibility: President
President Anura Kumara Dissanayake emphasized that the immense power granted to the ministers must be wielded with responsibility. He acknowledged that while the victory is monumental, the weight of the responsibility that comes with it is equally important, and that collective effort is needed to carry it forward. These remarks were made by President Dissanayake […]
Sri Lanka swears in new cabinet of Ministers today
Sri Lanka’s new Cabinet of Ministers, under the National People’s Power (NPP) government, was sworn in before President Anura Kumara Dissanayake in Colombo, Monday. The Deputy Ministers will be named later. The NPP’s win is seen as a mandate for anti-corruption efforts and economic reforms, following Dissanayake’s presidential election success. President Anura Kumara Dissanayake has […]