Category: Other
Red Sea Disruptions Benefit Shipping Companies’ Near-Term Profitability: Fitch Ratings
Global shipping companies’ short-term profitability will benefit from increased freight rates, which exceed the costs of re-routing following persistent attacks on commercial vessels in the Red Sea, Fitch Ratings says. We do not expect structural shifts in the shipping sector as a result of these disruptions. Nearly half of all cargo ships and tankers have […]
Declaration of Assets and Liabilities Law to be Amended
In addition to the officials and categories of individuals required to disclose their assets and liabilities as outlined in the amended Declaration of Assets and Liabilities Law No. 01 of 1975 by Act No. 74 of 1988, Section 80 of the Anti-Corruption Act No. 09 of 2023 introduces provisions for further disclosure by various other […]
JICA and BASL collaborate in drive against bribery and corruption in Sri Lanka
As a key step of JICA’s initiative in supporting the Sri Lankan authorities to combat bribery and corruption, a series of introductory workshops were conducted between the 19th and 28th February, for the officers of the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) as well as other key actors of the justice system. […]
Minister Jeevan Thondaman inaugurates Ramayana Art Exhibition in New Delhi
At the invitation of the Director General of the National Gallery of Modern Arts (NGMA) New Delhi, Minister of Water and Estate Infrastructure Development Jeevan Thondaman inaugurated the ‘Ramayanam Chitrakavyam’ exhibition as the Guest of Honour together with Minister of State for External Affairs and Culture Meenakshi Lekhi on 1 March 2024. Addressing the event, […]
Supreme Court restrains Nagananda from filing Public Interest Litigations: Full SC decision
The Sri Lankan Supreme Court has ruled that Nagananda Kodituwakku is guilty of professional misconduct and has been removed from the office of Attorney-at-Law. Furthermore, the Supreme Court has imposed an additional restriction by restraining him from filing Public Interest Litigations (PIL) in their personal capacity. The Court reasoned that allowing him to engage in […]
Sri Lankan Cabinet Approves Temporary Suspension of Parate Law
In a move aimed at alleviating the burden on small and medium-sized enterprises (SMEs), the Sri Lankan cabinet has approved the temporary suspension of the implementation of the parate law. The decision was announced following a cabinet paper presented by President Ranil Wickramasinghe, who also serves as the Minister of Finance. The parate law allows […]
Goumet Galle 2024: Culinary extravaganza resumes
Gourmet Galle, the culinary festival that has been tantalizing taste buds since its inception, has revealed its exciting line-up of international chefs coming to Galle until the end of March. This year promises an exquisite array of culinary gurus each weekend featuring two exclusive events—an immersive masterclass and a delectable dinner, set against the picturesque […]
Dialog Enterprise joins CIO CONFLUENCE 2024 as exclusive enterprise connectivity partner
The Banks’ Chief Information Officers Forum (BCIOF) of Sri Lanka, the largest C-level forum in the banking and financial industry in Sri Lanka, comes together to host the highly anticipated CIO Confluence for 2024. The Conference will be held on Tuesday, 27 February, at the Shangri-La Colombo and will bring together CIOs and both locally […]
99x unveils futuristic engineering frameworks at annual ‘99x Day’ gathering
99x, the renowned global product engineering company, kicked off its annual event, themed ‘Poised for the Extraordinary’ at the Kingsbury Hotel, Colombo. The gathering served as a platform to unveil several innovative frameworks to create a dynamic change within the digital product engineering landscape, enhancing both customer and developer experiences. The event saw key personalities […]
Eran questions Speaker under Point of Order
Eran Wickramaratne, Member of Parliament of SJB, questioned the Speaker by raising a question under the standing orders, whether the Constitutional Assembly, which has been established as an independent institution, has approved the rules for approving Bills adhering to proper methods. He also questioned whether the Secure Transactions Bill, which was taken for debate in […]
US Under Secretary Concludes Visit: Emphasizes Freedom of Expression for Transparent Governance
Liz Allen, the first U.S. Under Secretary of State for Public Diplomacy to visit Sri Lanka, concluded a historic three-day trip to Colombo (February 17-19), during which she interacted with young leaders, entrepreneurs, content creators, civil society, and journalists to reaffirm U.S. support for Sri Lanka’s economic recovery and long-term prosperity. In a meeting with […]
SJB not accepting Online Safety Bill which restricts media freedom as legislation duly passed: Eran
Eran Wickramaratne said that the main opposition, Samagi Jana Balawega, did not accept the legislation on Online Safety Act as passed in Parliament as it was processed without following due process of passing a bill in the parliament. Therefore we urge the government to cancel this piece of legislation on Online safety Bill which is […]