Category: Other
Rapid Assessment on Health Care Waste Management handed over to Ministry of Health
In 2019, the National Audit Report on Health Care Waste Management (HCWM) pointed out that health care waste and solid waste management is a major social and environmental challenge in Sri Lanka which needs urgent attention. Working in 170 countries and territories, the United Nations Development Programme (UNDP), is the technical lead of the UN […]
INSEE Cement main supplier to Uma Oya Project
INSEE Cement is Sri Lanka’s leading manufacturer of cement and is the company behind renowned cement brands such as Sanstha and Mahaweli cement. Presently, INSEE Cement is the suppliers of cement to the Uma Oya Multipurpose Development Project in the Uva Province. The project includes the commissioning of a new hydropower station and irrigation infrastructure […]
European Union should press Sri Lanka for repeal of Prevention of Terrorism Act: Human Rights Watch
The Sri Lankan government is using the discredited Prevention of Terrorism Act (PTA) to commit prolonged arbitrary detention and torture, Human Rights Watch said in a report released today. The European Union, other trading partners, and donors, should press for time-bound action to repeal the abusive law and reject the government’s vague pledges of reform. […]
Sunshine Group 9-month revenue up 39-pct driven by Healthcare & Agribusiness sectors
Fueled by strong growth in all business sectors, diversified Sri Lankan conglomerate Sunshine Holdings PLC (CSE: SUN) reported impressive growth in top and bottom-line performances during the first nine months of the current financial year (9MFY22). During this period, the Group posted consolidated revenue of Rs. 24 billion, up by 39% Year-on-Year (YoY).Group’s Profit After […]
Kuwait Dinar 10mn loan for construction & equipping Faculty of Medicine at Moratuwa University
A medical faculty is to be established in University of Moratuwa to support the human capital, social & economic development of Sri Lanka, by improving the quality and access to higher education in Medical Sciences and to address the needs of medical services professionals in the country, In this context, The Kuwait Fund for Arab […]
High Commissioner Moragoda stresses eight thrust areas to elevate SL-India economic relations
High Commissioner of Sri Lanka to India Milinda Moragoda stated that it is critically important to develop eight thrust areas in moving Sri Lanka- India relations from a transactional phase to a strategic phase, in keeping with the fourth pillar of the four pillar-cooperation package announced during the recent visit of the Sri Lankan Finance […]
Q3 performance at JKH Group sees turnaround in Leisure business
Summarised below are the key operational and financial highlights of our performance during the quarter under review: • Group EBITDA recorded a significant increase of 126 per cent to Rs.9.53 billion during the quarter under review against the comparative period [2020/21 Q3: Rs.4.21 billion]. • The Group’s businesses recorded strong growth in profitability compared to […]
Loops wins big at SLIM DIGIS
Award-winning creative-led integrated marketing agency, Loops Integrated, received 6 recognitions, including a Gold, at the SLIM DIGIS Awards, held on the 25th of January 2022. Loops Integrated received the only Gold DIGI in the Banking and Finance category for Softlogic Invest’s “This Could Be You” campaign, a Silver DIGI in the Performance Marketing category for […]
French Government Supports Rubber Cultivation Development
Dr. Ramesh Pathirana, Minister of Plantation and the French Ambassador to Sri Lanka EH Eric Lavertu visited the Rubber Research Institute at the Darting Field Estate, Agalawatta on the 25th. The purpose of this visit was to explore the preparations for the pilot project to strengthen the economy of small rubber plantation owners in Sri […]
Indonesia pledges to strengthen palm oil smallholders
A special meeting was held on the 11th of January 2022 between the Palm Oil Association of Sri Lanka (POIASL) and Her Excellency, Dewi Gustina Tobing, Indonesia’s recently-appointed Ambassador to Sri Lanka. The present role of, and challenges faced by, the oil palm industry in Sri Lanka were discussed at the meeting, with the intention […]
Sanjaya Bandara ceremoniously inducted as 26th President of CA Sri Lanka
A leading figure in the Sri Lankan accounting fraternity, Sanjaya Bandara was ceremoniously inducted as the 26th President of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) on Monday, 24th January 2022 at a gala event held at the Shangri-La Hotel, Colombo. He was formally inducted by the outgoing President of CA […]
Foreign Minister discusses range of projects with Korean Speaker
Foreign Minister Prof. G.L. Peiris hosted a Lunch on 20 January, 2022 in honour of the visiting Korean Delegation headed by the Speaker of the National Assembly of the Republic of Korea, Park Byeong-Seug. During the lunch, the two sides held detailed discussions on ways and means to further enhance bilateral cooperation between Korea and Sri Lanka. Extending the Government’s deep appreciation […]