Category: Other
TISL Challenges the Public Financial Management Bill in the Supreme Court
Transparency International Sri Lanka (TISL) filed legal action on Wednesday the 5th of June in the Supreme Court challenging the Public Financial Management Bill, highlighting concerns related to public procurement. The petition (SC SD 77/2024) points out that Clause 32 of the Bill seriously weakens the controls on public procurement, thereby enhancing the corruption risk […]
USAID Supports Enhancing Investment Climate Through Commercial Alternative Dispute Resolution
The United States, through the United States Agency for International Development (USAID), is supporting Sri Lanka’ s efforts to improve its investment climate by enhancing access to commercial alternative dispute resolution (ADR). This initiative has led to the U.S.-sponsored training and accreditation of 23 international commercial mediators in Sri Lanka, doubling the number of qualified […]
VIDEO: Earthquake in Indian politics – What cost Narendra Modi a landslide victory in election
Narendra Modi’s underwhelming victory in the Indian election has been described as an ‘earthquake in Indian politics’. India’s election results have sprung a surprise with the ruling BJP of prime minister Narendra Modi falling short of a majority. What are the top takeaways from these results?
Opinion: Ranil Wickremesinghe + Elon Musk = Optimism for Sri Lanka
June 1, 2024 (LBO) – A few weeks ago Sri Lankan media was abuzz with news of a meeting between President Ranil Wickremesinghe and the world’s richest and most famous person Elon Musk. When the photographs actually surfaced of the meeting, facilitated by the President’s Climate Advisor and Deputy Leader of the UNP Ruwan Wijewardene, […]
”s proposed wage hike for plantation sector workers
The plantation industry raised its strongest possible objections to the Government’s arbitrary, reckless, unilateral decision to drastically hike minimum wages for tea and rubber sector workers by an unprecedented 70%. All producer stakeholders issued a unified warning against the devastating impact the latest increase will have on the plantation sector, leading crippling operational challenges, ultimately […]
SL and the UK agree a new partnership to work together to protect marine environment
This week the Ministry of the Environment and the UK government’s Department for the Environment, Food and Rural Affairs signed a Memorandum of Understanding (MoU) between the two nations, to protect and enhance the marine environment. Mr. Prabath Chadrakeerthi, Secretary, Ministry of Environment and Sara Rusling, Deputy Director for the UK’s Department for Environment, Food […]
Launching Creative Catalyst Fellowship: Sri Lanka’s First Leadership & Innovation Program for Creatives
Good Life X (GLX) announced the launch of the Creative Catalyst Fellowship (CCF) at Trace Expert City today. The program, funded by the U.S. Government’s development arm – the United States Agency for International Development (USAID), seeks innovative solutions to social issues, harnessing the power of creatives to raise awareness, mobilize resources, and advocate for […]
CFA Society Sri Lanka Recognizes Achievements in Financial Management at University of Jaffna
CFA Society Sri Lanka (CFASSL) is pleased to acknowledge and celebrate excellence in the field of Financial Management at the University of Jaffna. In alignment with our dedication to fostering talent and recognizing exceptional academic performance, we are delighted to announce the recipients of our esteemed awards for the examination in 2021, presented at the […]
President Announces Plans to Pass Women-Empowering Bills in Parliament by June
President Ranil Wickremesinghe emphasized his recognition of the challenges women face in safeguarding their families amidst the economic crisis. He highlighted the government’s swift action by presenting two bills to the Parliament aimed at empowering women during this initial phase of economic recovery. The President indicated that these bills are anticipated to be ratified by […]
TISL Challenges the Appointment of CIABOC Director General in Supreme Court
Transparency International Sri Lanka (TISL) has filed a Fundamental Rights Petition (SC FR 110/2024) in the Supreme Court, challenging the appointment of W. Kanishka D. Wijeratne as the Director General (DG) of the Commission to Investigate Allegations of Bribery or Corruption (CIABOC). Mr. Wijeratne, who had previously served as the DG of CIABOC since January […]
‘s remarks on wage hike may be misunderstood
The Planters Association of Sri Lanka and its members are concerned that the President’s remarks may be misunderstood and lead workers and the public to assume that a final decision has been taken in this matter when it has not, the Assosiaction said in a statement. The Association’s statement was issued following widespread media coverage […]
Finance for Non-Finance Managers: Best-Seller on Amazon to be Ultimate Guide to Mastering Money Matters
Financial literacy is key to managing money effectively, but managers without a background in finance may find concepts such as budgeting, building and improving credit, saving, borrowing and repaying debt, and investing challenging. A recently released Amazon best-seller demystifies finance for non-finance managers and explains the intricacies of accounting fundamentals in simple terms. Written by […]