Category: Other
Tushara Jayaratne appointed Deputy Director General of SEC
The Securities and Exchange Commission of Sri Lanka (SEC) announces the appointment of Tushara Jayaratne as the Deputy Director General of the SEC. With a career spanning over 28 years in the Capital Market of Sri Lanka, Jayaratne has a wealth of experience both at the Colombo Stock Exchange and the SEC.At the CSE, he […]
Sri Lanka to introduce reforms on insolvency laws
The Cabinet has approved a joint proposal presented by the President and the Minister of Justice, Prison Affairs, and Constitutional Reform to authorize the Law Commission to prepare a preliminary draft of the insolvency laws within a period of three (03) months after consultation with the relevant parties. Reforms in the insolvency laws for unincorporated […]
Foreign Minister Ali Sabry to participate at World Economic Forum in China
Foreign Minister Ali Sabry will lead a delegation to participate at the World Economic Forum to be held in Tianjin, China from 27 to 29 June 2023. The Forum themed ‘Entrepreneurship: The Driving Force of the Global Economy’, will provide a platform for dialogue among political and business leaders from over 90 countries across the […]
CA Sri Lanka launches new code of conduct and ethics for mid-level accountants
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently introduced a new code of conduct and ethics for mid-level professional accountants in yet another ground-breaking initiative to promote the highest standards of integrity and ethics within the accounting profession. The code which is applicable to both Certified Business Accountants (CBA) and Certified […]
247th anniversary of America’s Declaration of Independence celebrated in Sri Lanka
United StatesAmbassador to Sri Lanka Julie Chung hosted an event in Colombo on June 22 to mark the 247th anniversary of America’s Declaration of Independence. Ambassador Chung took the opportunity to also highlight the anniversary of 75 years of a strong and enduring partnership between the United States and Sri Lanka. Minister of Foreign Affairs Ali […]
Zambia reaches debt treatment agreement with its official creditors including China, India, Saudi Arabia & Paris Club
Following the announcement of an agreement being reached by Zambia and its official creditors under the Group of 20 Common Framework, Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement today: “I warmly welcome Minister of Finance Situmbeko Musokotwane’s announcement that the Zambian authorities have reached an agreement with their […]
Sri Lanka Insurance provides three decades of unceasing assistance to Poson pilgrims of Anuradhapura
For more than 30 years, Sri Lanka Insurance (SLIC) has provided emergency assistance to pilgrims traveling to Anuradhapura for Poson poya. A large crowd of people gathers to Anuradhapura during the Poson season and Sri Lanka Insurance provides a unique service that tracks down lost individuals and belongings in and around the sacred city of […]
CA Sri Lanka, CIMA inks membership pathway agreement to reinforce standing of members
Two renowned professional organisations, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and the Chartered Institute of Management Accountants (CIMA), signed a membership pathway agreement this month, in an effort to strengthen the professional standing of members of both institutions. The membership pathway agreement allows members of both CA Sri Lanka and […]
TRI-ZEN: Revolutionizing smart living in SL, 75-pct of inventory sold
Engineered for the future, TRI-ZEN apartments, located in the heart of Colombo in Union Place, Colombo 2, announced the successful sale of 75% of its inventory to date, as the much-anticipated project nears completion by the end of 2023. This remarkable achievement underscores the tremendous appeal and demand for TRI-ZEN, which is a joint venture […]
Global Leaders Convene in Paris for Summit on New Global Financing Pact
President Emmanuel Macron of the French Republic has invited world leaders, including President Ranil Wickremesinghe, to participate in the highly anticipated Global Leaders’ Summit for a New Global Financing Pact. The event, scheduled to take place in Paris on 22 and 23 June, aims to address the pressing challenges faced by the world today. The […]
TISL takes bribery & corruption allegations surrounding X-Press Pearl Disaster to Supreme Court
Transparency International Sri Lanka (TISL) filed a petition in the Supreme Court yesterday (June 12), seeking to intervene in the ongoing Fundamental Rights case (SC/FR/Application No.168/2021) filed by the Center for Environmental Justice (CEJ) and three more petitioners, highlighting the serious allegations of bribery and corruption surrounding the X-Press Pearl disaster. The intervention petition is […]
Queen of the World Sri Lanka – Discovering the Unseen Power within Sri Lankan Women
Sri Lanka is gearing up to witness a remarkable celebration of the strong spirit and hidden potential of its women. The Queen of the World Pageant, scheduled to take place at the prestigious Nelum Pokuna Theatre on the 22nd of September 2023, aims to unleash the unseen power within Sri Lankan women and showcase their […]