Category: Other
Aruna Perera, CFA takes over CFA Society Sri Lanka reins
CFA Society Sri Lanka is part of the worldwide network of CFA Institute member societies that lead the investment profession globally. The Society announced the appointment of Aruna Perera, CFA as its 10th President at the AGM held virtually on Thursday, 10th November 2022. He takes the reins from Dinesh Warusavitharana, CFA. Aruna is a […]
Korea and Sri Lanka marks 45th Anniversary of diplomatic relations
By Korean Ambassador Santhush Woonjin JEONG Ayubowan, Vanakkam, Annyonghasimnikka (Korean greeting) I am the Ambassador of the Republic of Korea to Sri Lanka, Santhush Woonjin Jeong. November 14th marks the 45th anniversary of the establishment of the diplomatic ties between Korea and Sri Lanka. I would like to celebrate the meaningful day together with Sri […]
UK Trade Envoy concludes 3-day visit to Sri Lanka
The UK Prime Minister’s Trade Envoy for Sri Lanka Lord Davies of Abersoch visited Colombo from 9th to 11th November 2022. During the visit Lord Davies had meetings with Minister of Trade Hon. Nalin Fernando, State Minister of Finance Hon. Shehan Semasinghe, and Central Bank Governor Dr. Nandalal Weerasinghe. Discussions focused on Sri Lanka’s trade and investment landscape, and […]
With people rushing for Sri Lanka’s exit, is anyone coming back?
By Jekhan Aruliah In July 2022 the Sri Lanka Sunday Times reported “Pandemonium at passport office”, reporting people sleeping for days in queues waiting to get their papers stamped. The Ceylon Today newspaper reported in September 2022 that “About 2000 doctors have left so far this year due to the current economic crisis”. With so […]
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 […]