Category: Other
TISL Launches Report on Sri Lanka’s Progress in Combating Corruption under UN Convention
Transparency International Sri Lanka (TISL), on 26 June 2025, released an independent Civil Society Report assessing Sri Lanka’s progress in fulfilling its commitments under the United Nations Convention Against Corruption (UNCAC), the first legally binding global instrument to combat corruption. Sri Lanka signed and ratified the UNCAC in 2004, committing to align national laws and […]
Union Bank Launches Trade Connect For Seamless Trade Services
Union Bank proudly unveiled Union Bank Trade Connect, a modern, fully equipped one-stop hub for all trade services. Union Bank Trade Connect was inaugurated by Dilshan Rodrigo, Director/CEO at the Bank’s Head Office and marks a new milestone in delivering seamless, efficient trade solutions to the Bank’s valued customers.
Harshana Suriyapperuma Appointed New Secretary to the Ministry of Finance
President Anura Kumara Disanayake has appointed Dr. Harshana Suriyapperuma as the new Secretary to the Ministry of Finance. The letter of appointment was handed over to Dr. Harshana Suriyapperuma by the Secretary to the President Dr. Nandika Sanath Kumanayake this morning (23) at the Presidential Secretariat. Dr. Suriyapperuma has been involved in capital market regulation […]
Transparency International Sri Lanka Challenges the Companies (Amendment) Bill
Transparency International Sri Lanka (TISL) filed legal action on Thursday 19 June 2025, in the Supreme Court challenging the Bill to amend the Companies Act No. 07 of 2007. The petition has been filed in the public interest. The amendment introduces a critical anti-corruption tool – a Beneficial Ownership Information (BOI) register. TISL contends that […]
Sri Lanka calls upon all parties to take concrete steps to de-escalate the situation in the Middle East region
Sri Lanka is gravely concerned about the latest developments in the Middle East. We continue to call upon all parties to take concrete steps to de-escalate the situation. All concerned parties should return to dialogue and engage in intense diplomatic efforts to establish and maintain peace with a view to ensuring stability in the Middle […]
India to Facilitate Flights for Sri Lankans Leaving Iran
The Ministry of Foreign Affairs, Foreign Employment and Tourism informs all Sri Lankans in the Islamic Republic of Iran that the Government of Sri Lanka has made arrangements with the Government of India to assist Sri Lankans who wish to leave Iran by accommodating them in their flights. Accordingly, any Sri Lankans who wish to […]
CBSL Warns Against Misleading Overseas Property Investments, Threatens Legal Action
The Central Bank of Sri Lanka (CBSL) has issued a stern warning to the public regarding misleading advertisements promoting overseas investments in immovable properties and offering guidance on obtaining foreign financing for such ventures. The CBSL emphasizes that many of these advertised activities contravene the country’s foreign exchange regulations and has signaled its intent to […]
UN High Commissioner for Human Rights to Visit Sri Lanka Tomorrow
The United Nations High Commissioner for Human Rights Volker Türk will undertake an official visit to Sri Lanka from 23 to 26June 2025. This marks the first visit by a UN High Commissioner for Human Rights to Sri Lanka since February 2016. During the visit, the High Commissioner is scheduled to call on the President […]
Human Development progress is decelerating at an alarming rate says new UNDP Human Development Report
For 30 years, the Human Development Index (HDI) showed a consistent increase in development progress and a decrease in inequality. Although the crises of 2020-2021 disrupted this trend, last year’s report saw tentative signs of recovery. The 2025 HDR has quashed this optimism. Amid ongoing global turmoil, inequality has increased for the fourth consecutive year. […]
Central Bank Governor to Address Ceylon Chamber’s 186th AGM
The Ceylon Chamber of Commerce will hold its 186th Annual General Meeting on Wednesday, 26th June 2025, at 5.30 PM at The Studio, Cinnamon Life. Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, will attend as Chief Guest, addressing the business community at a time when economic resilience and reform remain key […]
Pelwatte Dairy Launches First-Ever Pension Scheme for Sri Lankan Dairy Farmers
In a historic move that redefines rural financial security, Pelwatte Dairy Industries has announced the launch of Sri Lanka’s first pension scheme for dairy farmers, reinforcing its commitment to both national self-sufficiency and the welfare of the farming community. Pelwatte Dairy, one of Sri Lanka’s foremost homegrown dairy brands, has long been a pillar in […]
Global Economy Set for Weakest Run Since 2008 Outside of Recessions: World Bank
Heightened trade tensions and policy uncertainty are expected to drive global growth down this year to its slowest pace since 2008 outside of outright global recessions, according to the World Bank’s latest Global Economic Prospects report. The turmoil has resulted in growth forecasts being cut in nearly 70% of all economies—across all regions and income groups. Global […]