New US Ambassador to Sri Lanka calls on Foreign Affairs Minister

The newly appointed U.S. Ambassador to Sri Lanka Julie Chung called on Foreign Affairs Minister G.L. Peiris yesterday, at the Ministry of Foreign Affairs, Colombo. Minister Peiris extended a warm welcome to Ambassador Chung and stated that he looks forward to working closely with her during her tenure in Sri Lanka. Whilst noting that Sri […]

“Cinnamon rainforest restoration project” launched

Cinnamon Hotels & Resorts proudly launched its latest sustainability initiative, “Cinnamon Rainforest Restoration Project”in collaboration with Ruk Rakaganno (The Tree Society of Sri Lanka), Forest Department Sri Lanka and John Keells Foundation, to restore a degraded 50-acre plot over a period of three years after which nature will take over the regeneration process. Natural forest […]

HERCapital by Hatch: Pioneering gender smart funding in Sri Lanka

Gender disparity within the entrepreneurial world is a globally prevalent problem, often stemming from the underrepresentation of women in the labour force and leadership positions. This imbalance in diversity is mainly seen in markets with no gender-smart funding, which makes gender a key component in their program. The lack of gender diversity at the firm […]

Cabinet reshuffle: New Ministers for Transport and Wildlife

Under the Cabinet reshuffle, two Cabinet Ministers and a State Minister were sworn in before President Gotabaya Rajapaksa at the Presidential Secretariat today (04). Arundika Fernando, who resigned from his post earlier, was sworn in as a State Minister again. C.B. Rathnayake                      –                       Minister of Wildlife & Forest Conservation Dilum Amunugama                 – […]

Tribute: Senior Corporate Personality Sega Nagendra (1939-2022)

March 1, 2022 (LBO) – They don’t make them like they used to anymore. Senior corporate personality Sega Nagendra passed away suddenly on 28th of February 2022. Sega Nagendra was a fixture on the Sri Lankan corporate circuit. Everyone seemed to know him, and there was always positivity when his name was mentioned.My interactions span […]

Rise in Global Inflation Widespread and Persistent: Fitch Ratings

The pick-up in global inflation has been widespread and persistent and has shown few signs of having peaked, according to Fitch Ratings’ latest ‘20/20 Vision’ chart pack. CPI inflation has increased in virtually every Fitch 20 country in the past three months and is now elevated relative to pre-pandemic rates and inflation targets in many […]

Sri Lanka’s inaugural Protected Geographical Indication for Ceylon Cinnamon

When was it received? Ceylon Cinnamon was added in the register of protected designations of origin and Protected Geographical Indications (PGI) on 2nd February, 2022. The EU commission by the implementing regulation – (EU) 2022/144, entered a name ‘Ceylon Cinnamon’ in the register of protected designations of origin and protected geographical indications (Ceylon cinnamon (PGI). […]

‘s delegation to the UNHRC

The 49th Session of the United Nations Human Rights Council will take place from 28 February to 1 April, 2022 in Geneva. During the Session the UN High Commissioner for Human Rights will present a written update on Sri Lanka to the Council and there will be an Interactive Dialogue on Sri Lanka on 3 March, […]

Diaspora investment in Mullaitivu, Mullai Milk Processing Industries

By Jekhan Aruliah Mr S.Thavaseelan, known as Seelan, was born in Kayts a town at the Northern end of Jaffna’s Velanai Island. His father, who delivered letters for the Ceylon Post Office, died when Seelan was 4 years old. He left the young family with a government pension which his mother supplemented doing other jobs. […]

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