Category: Featured
Supermarket food prices up 36% in a year: Advocata
Advocata’s Bath Curry Indicator (BCI) , which tracks the monthly changes in the retail price of a select basket of food items, recorded a decrease of 1.5% from January 2022 to February 2022. The overall decrease was driven by the falling prices of beans (40%), green chillies (15%) and brinjals (13%). However, prices on average […]
Breaking the Bias: Celebrating the Women at Samsung
With International Women’s Day taking on greater meaning for many of us this year, Samsung asked their women colleagues of various backgrounds to share what motivates and empowers them to be their best. In sharing everyone’s unique experiences, the overarching lesson we all came to realize is that great ideas can come from anyone, no […]
Cabinet reshuffle: New Ministers for Transport and Wildlife
Under the Cabinet reshuffle, two Cabinet Ministers and a State Minister were sworn in before President Gotabaya Rajapaksa at the Presidential Secretariat today (04). Arundika Fernando, who resigned from his post earlier, was sworn in as a State Minister again. C.B. Rathnayake – Minister of Wildlife & Forest Conservation Dilum Amunugama – […]
President hands over appointment letters to 13 new High Court Judges
President Gotabaya Rajapaksa handed over the appointment letters to 13 new High Court Judges at the Presidential Secretariat this morning (03). List of new High Court Judges Previous Position 01. Mr. A.G. Aluthge – District Court Judge 02. Mr. R.R.J.U.T.K. Rajakaruna – District Court Judge 03. Mr. R.A.D.U.N. Ranatunga – Magistrate 04. […]
Towards improved livelihoods and higher revenues from sustainable fisheries in SL :WB report
When managed in an environmentally, socially, and financially sustainable manner, coastal aquaculture holds significant promise for increased export earnings and skilled jobs. Sri Lanka has 1,620 kilometers of coastline and exclusive rights to fish, drill and conduct other economic activities in a 517,000-square-kilometer exclusive economic zone in the Indian Ocean. However, this does not mean […]
Tribute: Senior Corporate Personality Sega Nagendra (1939-2022)
March 1, 2022 (LBO) – They don’t make them like they used to anymore. Senior corporate personality Sega Nagendra passed away suddenly on 28th of February 2022. Sega Nagendra was a fixture on the Sri Lankan corporate circuit. Everyone seemed to know him, and there was always positivity when his name was mentioned.My interactions span […]
Sri Lanka needs price formula to avert future energy crisis
Regional fuel prices are significantly higher than Sri Lanka Sri Lanka pitches into darkness and its people form lines at fuel stations due to the ongoing energy crisis. Fuel, which is the single largest import accounting for 18% of the country’s total import expenditure, cost an alarming USD 3.7 billion in 2021. Since the actual […]
Ceylon Chamber launches outlook 2022 report; ‘Road to recovery: Overcoming challenges’
The Ceylon Chamber of Commerce (CCC) recently launched the 7th edition of its flagship annual Outlook Report for 2022 at the Economic Outlook 2022 webinar. Titled ‘Road to Recovery: Overcoming Challenges’, the report covers key fundamentals of the global and local economic outlook, policy outlook, and private sector perspectives for the year 2022. This year’s […]
Platform for greater citizen engagement and effective action on illegal environmental activities
In the face of illicit deforestation, degradation of wetlands, and illegal wildlife poaching and trade, Sri Lanka has seen increased community involvement and engagement, despite the ongoing pandemic. While current official mechanisms for citizens to lodge complaints have room for improvements in transparency to the public, there is also an absence of an integrated government-mandated platform […]
Resus Energy connects 8th mini-hydropower station to national grid : capacity 2.4MW
Resus Energy PLC, a forerunner in renewable energy, operating a number of small hydropower and ground mounted solar PV stations in Sri Lanka, recently connected its eighth small hydropower station to the national grid. Fed by the Madulla Oya, a main tributary of Uma Oya, and built with state-of-the-art equipment at a cost of over […]
Local retail industry: Hardest hit by FOREX crisis calls for solutions
Sri Lanka Retailers Association Retail industry constitutes 23% of the country’s GDP and is hardest hit by the ongoing FOREX crisis The wider eco system of employees, suppliers, farmers and consumers of Sri Lanka impacted by the ongoing crisis and is pushing businesses to the brink of collapse Goods for sale, raw materials and basic […]
‘ in a manner that does not affect public service: President
Establish a Nursing University before the end of May … Promotions with retrospective effect Steps to provide uniform allowance … President Instructs officials “Health care services, including medicine and nursing, are highly valued. Understanding the financial situation in the country take steps to provide approved nurses’ issues in a manner that does not affect the […]