Author: lbostgadmin
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 […]
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 […]
Japan provides USD4.6 mn through FAO to boost paddy production in Sri Lanka
The Government of Japan through the Food and Agriculture Organization of the United Nations (FAO) is providing USD 4,629,629 to strengthen the production capacity of smallholder paddy farmers in identified districts of the Dry and Intermediate Zones of Sri Lanka. Smallholder farmers are amongst the most vulnerable rural communities, predominantly cultivating rice for self-consumption. Lack […]
EU welcomes Sri Lanka’s intention to present a plan for lifting import restrictions by June
The European Union (EU) urges Sri Lanka to lift the import restrictions preventing many European products from entering its market. At the 25th Session of the Sri Lanka – EU Joint Commission, the EU welcomed Sri Lanka’s intention to present a plan for the lifting of the import restrictions by June 2023. At the session, […]
Fitch Affirms SriLankan Airlines Government- Guaranteed Bonds at C
Fitch Ratings has affirmed SriLankan Airlines Limited’s (SLA) USD175 million government-guaranteed 7% unsecured bonds due 25 June 2024 at ‘C’.