Category: Special Reports
CA Sri Lanka, CIMA inks membership pathway agreement to reinforce standing of members
Two renowned professional organisations, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and the Chartered Institute of Management Accountants (CIMA), signed a membership pathway agreement this month, in an effort to strengthen the professional standing of members of both institutions. The membership pathway agreement allows members of both CA Sri Lanka and […]
Global Leaders Convene in Paris for Summit on New Global Financing Pact
President Emmanuel Macron of the French Republic has invited world leaders, including President Ranil Wickremesinghe, to participate in the highly anticipated Global Leaders’ Summit for a New Global Financing Pact. The event, scheduled to take place in Paris on 22 and 23 June, aims to address the pressing challenges faced by the world today. The […]
Queen of the World Sri Lanka – Discovering the Unseen Power within Sri Lankan Women
Sri Lanka is gearing up to witness a remarkable celebration of the strong spirit and hidden potential of its women. The Queen of the World Pageant, scheduled to take place at the prestigious Nelum Pokuna Theatre on the 22nd of September 2023, aims to unleash the unseen power within Sri Lankan women and showcase their […]
Japan, UNDP to support women’s economic wellbeing for smallholder farmer families in SL
The ongoing socio-economic crisis has had serious impacts on the agricultural sector in Sri Lanka. The rising energy costs and evolving climate change impacts have further exacerbated due to the situation. In response, the Government of Japan through the United Nations Development Programme (UNDP) in Sri Lanka, will provide approximately LKR 1,175 million (approx. USD […]
Global Sovereign Debt Roundtable highlights debt restructuring challenges & ways to address them
The Global Sovereign Debt Roundtable (GSDR) met yesterday and discussed debt sustainability and debt restructuring challenges and ways to address them. At the end of the meeting, the International Monetary Fund Managing Director Kristalina Georgieva, World Bank Group President David Malpass and Indian Minister of Finance Nirmala Sitharaman, co-chairs of the GSDR, released the following […]
SHMA & VTA signs MoU to implement a Swiss-designed learning curriculum
Swiss Hospitality & Management Academy (SHMA) of A. Baur & Co. Pvt Ltd., also known as Baurs, a leading conglomerate with diversified business interests, recently signed an MoU with the Vocational Training Authority of Sri Lanka (VTA) under the Ministry of Education to implement its Skills for Sustainable Growth (SSG) project among selected learning centers across the […]
Japan provides USD 1.6mn to SL through UN Women in support of assistance for marginalized women
The Government of Japan provided USD 1.6 million to UN Women in support of humanitarian assistance for women most affected by the socio-economic crisis in Sri Lanka. The funding is part of a new project “Empowering women in crisis”, running from February 2023 to December 2023, which will support at least 1,200 women, including their […]
Japan extends additional USD 6.6 mn to Sri Lanka for emergency food & nutrition assistance
The Government of Japan has contributed an additional US$6.6 million to the United Nations World Food Programme (WFP) to provide critical food and nutrition assistance to over one million Sri Lankans. Through this funding, WFP will provide families with food baskets comprising rice, pulses and cooking oil, to meet half their monthly food needs for […]
TEDxColombo Returns Bigger and Better in 2023 After Pandemic Hiatus
The ever-popular TEDxColombo, an independently organized event licensed by TED, is set to return for its 10th edition, featuring local voices and exclusive TED Talks videos. The event aims to provide a platform for speakers who can connect with their audience in a way that keeps ideas worth sharing alive. TEDxColombo accepts applications from all […]
Senior USAID official visits Sri Lanka to understand needs of food-insecure communities
The United Nations World Food Programme (WFP) welcomed Stephanie Wilcock, Director for Asia, Latin America and the Caribbean of the U.S. Agency for International Development (USAID)’s Bureau for Humanitarian Assistance (BHA) on a visit to Sri Lanka. During the visit, Wilcock met with poor rural communities to understand their food and nutrition needs, and how […]
TISL files FR case regarding controversial medical supplies procurement through Indian Credit Line
Transparency International Sri Lanka (TISL) today filed a fundamental rights petition (SC/FR 65/2023) in the Supreme Court naming 47 Respondents, in relation to the steps taken by the Cabinet of Ministers, the Minister of Health, the Ministry of Health, and the National Medicines Regulatory Authority (NMRA) to procure medical supplies from two Indian private companies. […]
US Support Trains Public Sector Accounting & Auditing Professionals on Accounting Standards & IT
The first group of Sri Lankan public sector accounting and auditing professionals participated in Sri Lanka Public Sector Accounting Standards 11-20 through a training by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and its public sector wing, the Association of Public Finance Accountants of Sri Lanka (APFASL). The U.S. Government, through […]