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 […]

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 […]

Plantation sector to see growth in Q2 amid labour issues: Report

The Research Intelligence Unit, a multi sectoral research consultancy says plantation companies are very optimistic about the revoking of the ban imposed on the usage of chemical fertiliser and see it as the ex-factor for a production boost in 2023, as compared with 2022. The companies consider labour as a crucial element of their business […]

Harsha De Silva appointed new Chairman of the Committee on Public Finance

As per the President’s recommendation, Opposition Parliamentarian Dr. Harsha De Silva has been appointed as the new Chairman of the Committee on Public Finance. “Standing orders should be followed when appointing chairmen of committees and advisory bodies. According to the existing standards, the chairmanship of the Committee on Public Finance Committee should be offered to […]

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