Category: Other
Watch: Shehan Karunatilaka wins the Booker Prize
October 18, 2022 (LBO) – Shehan Karunatilaka has won the Booker Prize, one of most prestigious awards for literature in the world today. He is only the second Sri Lankan who has won the prize in its 53 year history, after world renown author Michael Ondaatje. Both are Old Thomians. After receiving the award from […]
SL Purchasing Managers’ Index: Sept 2022 manufacturing PMI decline
Manufacturing PMI declined in September 2022, indicating a setback in manufacturing activities on a month-on-month basis. Accordingly, Manufacturing PMI recorded an index value of 42.6 in September 2022, with a decline of 7.0 index points from the previous month driven by the decreases in all the sub-indices, except Employment and Suppliers’ Delivery Time. The decline […]
‘s draft ‘rehabilitation’ law would spur abuse: Human Rights Watch
The Sri Lankan government should withdraw a draft law that would give the authorities broad powers to detain people in military-run “rehabilitation” centers, placing them at great risk of abuse, Human Rights Watch said today. The Bureau of Rehabilitation Bill, submitted to parliament on September 23, 2022, would allow the compulsory detention in centers of “drug dependant persons, […]
FAO, IFAD and WFP renew commitment to strengthening food security in Sri Lanka
The Food and Agriculture Organization of the United Nations (FAO), together with the International Fund for Agricultural Development (IFAD) and the United Nations World Food Programme (WFP), marked World Food Day at an event held under the auspices of the Prime Minister Dinesh Gunawardena and the Minister of Agriculture Mahinda Amaraweera today. The event theme […]
Port City Colombo marks anniversary and children’s day with donation of children’s books
Continuing with its various initiatives to uplift communities and create opportunities in Sri Lanka, CHEC Port City Colombo (CPCC), the sole investor and master developer of Port City Colombo (PCC), donated 2,500 translated copies of its inspiring and educational Children’s Storybook, “City Rising from the Ocean”, which has been translated into the Sinhala and Tamil […]
Financial professionals set to benefit from ACCA, CA Sri Lanka mutual recognition agreement
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and ACCA (the Association of Chartered Certified Accountants) have entered a Mutual Recognition Agreement (MRA) allowing members from one body to apply directly for membership of the other. The MRA was signed by ACCA’s Chief Executive and CA Sri Lanka’s President at a ceremony […]
New GBP 3m UK Humanitarian support for Sri Lanka
Today, the UK announced a £3 million humanitarian package for Sri Lanka, providing vital support to the most in need. British High Commissioner Sarah Hulton said that “This new package will provide multipurpose cash, livelihoods and other support to those most in need across the country including: pregnant and nursing mothers, children, low-income fisherman and […]
SL agri forum puts forward proposal to sustainably overcome current and future food crisis
The Sri Lanka Agripreneurs’ Forum (SLAF) is the single professional agri-entrepreneurial organization that represents approximately 30 percent of the country’s workforce, addressing the need of the hour, SLAF recognized the dire need to positively intervene in the current food crisis in Sri Lanka and thus met with the Minister of Agriculture Mahinda Amaraweera on 30th […]
Senior Japanese Parliamentarian on a fact-finding mission to help Sri Lanka
Senior Japanese Parliamentarian Matsushita Shinpei of Liberal Democratic party met Prime Minister Dinesh Gunawardena today (20) at the Prime Minister’s Office to discuss cooperation between the two countries and areas of possible future cooperation. Matsushita Shinpei said the main propose of his current visit is to see for himself how Sri Lanka is coping with […]
PIMA to hold forum on SL’s turnaround strategies and role of international community
The Alumni Association of the Postgraduate Institute of Management (PIMA), Sri Lanka’s largest and most prestigious MBA alumni network, will hold its first ever PIMA Strategic Forum on September 20 at the Shangri-La, Colombo. Titled “Sri Lanka’s turnaround strategies and the role of the international community” the event will see some of the finest minds […]
UNDP & WHO Sri Lanka hand over essential medicines to address immediate health sector crisis
Addressing the immediate needs of the ongoing socio-economic crisis, the United Nations Development Programme (UNDP) in Sri Lanka has come forward to procure and deliver vital and essential medicines and medical supplies for the country, together with the World Health Organization (WHO) in Sri Lanka with the financial support of the United Nations’ Central Emergency […]
Fitch Ratings Slashes Global GDP Forecasts on Supply Shocks, Faster Rate Rises
The European gas crisis, high inflation and a sharp acceleration in the pace of global monetary policy tightening are taking a heavy toll on economic prospects. Fitch Ratings’ September 2022 Global Economic Outlook (GEO) includes deep and wide cuts to global GDP forecasts. Fitch now expects world GDP to grow by 2.4% in 2022 – […]