Category: Other
‘ Forum partners with USAID to conduct the Agcelerator Bootcamp
In an effort to support young entrepreneurs in agriculture, the Sri Lanka Agripreneurs’ Forum (SLAF), a prominent agricultural business association in Sri Lanka, is collaborating with the United States Agency for International Development (USAID) to organize the Agcelerator Bootcamp. The Agcelerator Bootcamp, hosted by SLAF and supported by USAID Catalyze Sri Lanka Private Sector Development […]
TISL Files FR Petition Over Human Immunoglobulin and Other Controversial Medical Supplies
Transparency International Sri Lanka (TISL) filed a Fundamental Rights Application (SCFR/ 99/2024) at the Supreme Court on April 16th, highlighting the serious ramifications on the health sector and the general public from the recent controversial procurement of medical supplies including human immunoglobulin (Human-IG). The Cabinet of Ministers, the incumbent and former higher officials in the […]
India lifts export ban on onions for Sri Lanka
The government of India has lifted the export ban on onions for Sri Lanka, with export of up to 10,000 MT of onions permitted vide the enclosed notification of the Directorate General of Foreign Trade. The exemption for Sri Lanka reiterated India’s Neighbourhood First policy, adding to the Sinhala and Tamil New Year festivities here, […]
Indian Political Parties Clash Over Katchatheevu Creating A Political Hot Potato for Elections
Indian prime minister Narendra Modi has accused the Congress party of “callously giving away” the island of Katchatheevu to Sri Lanka. The tiny island was claimed by both countries from 1921 to the 1970s. In 1974, a Congress government under prime minister Indira Gandhi gave up its claim and ceded the island to Sri Lanka. […]
”’ magazine takes flight in the Middle East to help build economic bridges
Embarking on a journey of connectivity, the Kuwait Chapter of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) ventured into uncharted territories by marking a significant milestone in the landscape of communication with the launch of “The Hub” magazine. The magazine was officially launched at the Crowne Plaza Hotel in Kuwait, with […]
Increase Service Exports in Education Sector: EDB to work with SLANSHEI & Education Advisory Committee
The Sri Lanka Association of Non-State Higher Education Institutes (SLANSHEI) held its Annual General Meeting on 22nd March 2024 at Waters Edge, Battaramulla. Dr. Dayan Rajapaksha who was re-elected as the President of SLANSHEI for another term welcomed the gathering. The SLANSHEI membership consisted of 14 Higher Education Institutions. The main objectives of SLANSHEI are […]
World’s largest climate fund accredits MTI as observer organization
The Green Climate Fund (GCF), the world’s largest climate fund, has accredited MTI Consulting as an Observer Organization. The Green Climate Fund is the world’s largest climate fund, mandated to support developing countries to realize their Nationally Determined Contributions (NDCs) based on the Paris Agreement to move towards low-emissions and climate-resilient pathways. GCF operates through […]
US Embassy & SL Maritime Archaeology Unit Dive to Ancient Godawaya Shipwreck
The U.S. Embassy in Colombo, in partnership with the Central Cultural Fund’s Maritime Archaeology Unit, has undertaken a significant step in preserving Sri Lanka’s rich maritime history through the conservation and documentation of the Godawaya Shipwreck, the oldest known shipwreck in the Asia-Pacific region. This initiative, funded by the U.S. Ambassadors Fund for Cultural Preservation, […]
EY GDS Sri Lanka celebrates two years of growth and success
EY Global Delivery Services (GDS) proudly celebrates its second successful year in Sri Lanka. EY GDS is a globally integrated and dynamic network of over 75,000 professionals across 10 countries dedicated to providing innovative business solutions to EY member firms to support EY clients worldwide. Based out of the World Trade Center in Colombo, EY […]
Senior management & professionals to revisit recent salary revision: CBSL
A majority of the senior management and professionals of the Central Bank have made a collective decision to consider a revision to their salaries, prior to and independent of the recommendations made by the Committee on Public Finance (COPF), Sri Lanka’s Central Bank said. Full statement .
World Growth Outlook Improves, but Inflation Is Showing Persistence: Fitch Ratings
Near-term world growth prospects have improved and Fitch Ratings has raised its 2024 global GDP growth forecast by 0.3pp to 2.4% in its latest Global Economic Outlook (GEO) published today. This reflects a sharp upward revision to the US growth forecast to 2.1%, from 1.2% in the December 2023 GEO. The revision to the US […]
Selection Process for New IMF Managing Director Begins
The Executive Board of the International Monetary Fund (IMF) has initiated the selection process for its next Managing Director. The announcement was made by the Board Coordinators, Afonso S. Bevilaqua and Abdullah F. BinZarah. The Executive Board has decided to follow an open, merit-based, and transparent process for the selection, mirroring the procedure used in […]