Category: Other
Sri Lanka to review process adopted to revise original scope of Colombo Financial City
Dec 12, 2019 (LBO) – Sri Lanka’s cabinet nod has been received to appoint an expert committee to look into the process adopted by the previous government to revise the original scope of the Colombo Financial City. With the help of external consultants and the Legal Draftsman, a Bill has already been drafted to establish […]
New pathway – Dual Membership for CA Sri Lanka students
Dec 12, 2019 (LBO) – A landmark agreement is scheduled to be signed to provide a new pathway to students of CA Sri Lanka on 16 December together with the Institute of Chartered Accountants in England and Wales (ICAEW). The agreement allows CA Students to obtain the membership of the most prestigious professional accountants organisation […]
BASL condemns recent references made to role of Judges & prosecutors
Dec 12, 2019 (LBO) – The Bar Association of Sri Lanka condemns recent statements made with reference to concluded cases, pending litigation, role of Judges, role of prosecutors and the right of representation relating to litigants who are parties to court. It is a basic tenet in our criminal justice system that every suspect or […]
Sri Lanka to benefit from US “Clean Cities, Blue Oceans” global initiative
Dec 12, 2019 (LBO) – The United States Agency for International Development (USAID), On December 5, launched its “Clean Cities, Blue Ocean” (CCBO) program in Sri Lanka and the Maldives, the most recent countries to join this flagship initiative to mitigate ocean plastic. CCBO is a 48 million dollar, a five-year global initiative that helps […]
Sri Lanka in the high human development category, says UNDP’s latest report
Sri Lanka’s Human Development Index value for 2018 is 0.780— which puts the country in the high human development category—positioning it at 71 out of 189 countries and territories, according to the 2019 Human Development Report released by the United Nations Development Programme. Launched on 10 December 2019 at an event held at the United […]
Sri Lanka ranks 71 out of 189 countries in Human Development Index
Dec 10, 2019 (LBO) – Sri Lanka’s Human Development Index value for 2018 is 0.780— which puts the country in the high human development category—positioning it at 71 out of 189 countries and territories, according to the latest Human Development report. Further to the global launch, the first official copy of the report titled, ‘Beyond […]
Sri Lanka elected Chair of Biological Weapons Convention Meet
Dec 09, 2019 (LBO) – The Meeting of States Parties (MSP) to the Convention on Biological Weapons, which concluded its four-day session in Geneva today unanimously endorsed Sri Lanka as the Chair of the Meeting of States Parties to be held in 2020. Sri Lanka’s Permanent Representative to the UN in Geneva Ambassador A.L.A. Azeez […]
Sri Lanka bans import of spices, minor export crops for re-export
Dec 06, 2019 (LBO) – Sri Lanka’s Finance Ministry has prohibited the importation of spices and minor export crops for the purpose of re-export or re-export after minor processing. The Finance Ministry said in a statement that this restriction has been imposed as a measure to protect small export crop growers and SMEs. Accordingly, the […]
CIM launches revised marketing qualifications syllabus for Sri Lankan marketers
Dec 05, 2019 (LBO) – The Chartered Institute of Marketing (CIM), has announced a new revised syllabus, which will support marketers across a wide range of roles from marketing assistant to marketing manager. This follows an extensive review of the qualifications on offer to bolster professional development for modern marketers in Sri Lanka ensuring they […]
Conservative manifesto contains distortion about Sri Lanka: SL Foreign Ministry
Dec 04, 2019 (LBO) – Sri Lanka’s Foreign Ministry says that they took immediate steps to make strong representation to the Co-Chair of the Conservative Party with regard to the distortion contained in the manifesto in its reference to Sri Lanka. As per the Foreign Ministry, this was conveyed through a letter by Sri Lanka’s […]
United States supports Sri Lankan efforts to reduce landslide risk
The United States donated landslide monitoring instruments to Sri Lanka’s National Building Research Organization (NBRO) to more effectively manage the risk of landslides in Nikgaha, Kalutara. As part of the initiative, engineers and geologists from the U.S. Geological Survey (USGS) visited Sri Lanka from November 5 to 15 to partner with Sri Lanka’s scientists on […]
ComBank wins 7 awards including ‘Governance’ and ‘Social Sustainability’ at Best Corporate Citizen awards
The Commercial Bank of Ceylon’s commitment to People, the Planet and Profit – the three pillars of sustainability – saw Sri Lanka’s benchmark private bank win seven awards including the award for second place overall at the 2019 Best Corporate Citizen Sustainability Awards presented by the Ceylon Chamber of Commerce. The Bank was declared the […]