Category: Other
New members appointed to National Procurement Commission & Finance Commission
President Ranil Wickremesinghe has made appointments to the National Procurement Commission and the Finance Commission. On the recommendation of the Constitutional Council, W. Sudharma Karunaratne was appointed as its Chairperson, with Warnakulasuriya Ivan Thisera, D. Piyasiri Daranagama, Sumandiran Sinnakandu, and A.G. Pubudu Asanga Gunawansa serving as its other members. Meanwhile, members were also appointed to […]
President directs immediate action to solve plantation sector issues
President Ranil Wickremesinghe says that the government is committed to carrying out its agricultural modernization plan. Speaking at recent meeting held at the Presidential Secretariat he emphasized that there are several issue fading the sector and that one of the main challenges was related to the Mahaweli Authority and its lands, which are now being […]
Japan, UNDP to support women’s economic wellbeing for smallholder farmer families in SL
The ongoing socio-economic crisis has had serious impacts on the agricultural sector in Sri Lanka. The rising energy costs and evolving climate change impacts have further exacerbated due to the situation. In response, the Government of Japan through the United Nations Development Programme (UNDP) in Sri Lanka, will provide approximately LKR 1,175 million (approx. USD […]
Advisory on fraudulent IT-related job offers in Thailand
The Sri Lanka Mission in Thailand has noticed recently that Sri Lankan nationals are being lured for employment in Thailand particularly for the positions in the Information Technology (IT) sector by dubious IT firms involved in call-centre scams and crypto currency fraud. Victims are illegally taken across the border from Thailand mostly into Myanmar and […]
Opportune time for foreigners to invest in an apartment: RIUNIT
The Research Intelligence Units suburban apartment price index for February reveals that the apartment prices are continuing to decline in USD terms making it an opportune time for foreign investors. However, this is not the case when the prices are calculated in LKR terms, RIUNIT says.According to the latest RIUNIT data, suburban average apartment price […]
Global Sovereign Debt Roundtable highlights debt restructuring challenges & ways to address them
The Global Sovereign Debt Roundtable (GSDR) met yesterday and discussed debt sustainability and debt restructuring challenges and ways to address them. At the end of the meeting, the International Monetary Fund Managing Director Kristalina Georgieva, World Bank Group President David Malpass and Indian Minister of Finance Nirmala Sitharaman, co-chairs of the GSDR, released the following […]
TISL Welcomes Anti-Corruption Bill, but Flags Two Major Concerns
The proposed Anti-Corruption Bill contains several laudable provisions that seek to improve upon the existing anti-corruption legal framework in Sri Lanka, TISL, Deputy Executive Director Sankhitha Gunaratne said. The proposed Anti-Corruption Bill, which seeks to replace the Bribery Act (Chapter 26), the Commission to Investigate Allegations of Bribery or Corruption Act No. 19 of 1994, […]
Proposed Counterterrorism Bill Breaks Government Pledge to End Abuse, says Human Rights Watch
The government of Sri Lanka’s proposed Anti-Terrorism Act would empower the authorities to systematically violate fundamental human rights, Human Rights Watch said today. The government should withdraw the bill and ensure through consultations that any counterterrorism legislation upholds international human rights standards, Human Rights Watch said. The government pledged to adopt an improved law following domestic and international […]
Fuel quota increased from midnight today
President Ranil Wickremesinghe has directed the government to take steps to increase the existing fuel quota from midnight today (04) for the New Year festive season. As previously planned, the Ceylon Petroleum Corporation has ordered and received the required stocks for the increasing fuel requirement for the festival season. Accordingly, the fuel quota for passenger […]
Sri Lanka-Thailand Free Trade Agreement to be signed in first quarter of 2024
The fourth round of negotiations on the proposed Sri Lanka-Thailand Free Trade Agreement (SLTFTA) was held in Colombo from 27 to 29 March 2023. On March 26, a 35-member Thai delegation led by Auramon Supathaweethum, Director General of the Department of Trade Negotiations, arrived in Sri Lanka for the fourth round of talks. The Sri […]
‘s biography launched in Colombo
The biography of the late Editor of The Sunday Leader Lasantha Wickrematunge, Unbowed & Unafraid was launched today by his ex-wife Raine Wickrematunge, at an event held at the Sri Lanka Foundation Institute. The welcome address was delivered by Lasantha Wickrematunge’s niece, journalist Raisa Wickrematunge, followed by the keynote address by Peter D’ Almeida and […]
Sri Lanka’s First-Ever Agripreneur Conference to be Organised by Sri Lanka Agripreneurs’ Forum
Sri Lanka Agripreneurs’ Forum (SLAF) in collaboration with Hatton National Bank (HNB), and MBA Alumni Association of the University of Colombo (MBAAA) organizes the first-ever conference for agripreneurship in Sri Lanka, The Agripreneur Conference 2023 under the theme of “empowering agripreneurs for a world of abundance”. It will be held on the 30th of March […]