Tag: lbo
Serious concerns of current crisis as outlined by Sri Lanka Shippers’ Council
The Sri Lanka Shippers’ Council expresses its grave concern at the violence unleashed on peaceful protestors in Colombo on 9th May 2022. While recognizing the right for peaceful protest, we condemn all forms of violence which took place on 9th May 2022 and reiterate that it should be dealt with by the law of the […]
“I will resign if political stability is not achieved soon” CB Governor
Sri Lanka’s Central Bank Governor Nandalal Weerasinghe says without political stability in the island, the bank’s steps towards the revival of the nation’s economy would not be successful. Speaking to the media a short while ago in Colombo he said he would resign if political parties do not ensure stability in the next two weeks. […]
Secretaries appointed to Ministries of Defence, Public Security and Finance
Three Secretaries have been appointed to the Ministries of Defence, Public Security and Finance from yesterday (10) to ensure the normalcy of the livelihood of the people, in accordance with the powers vested in the President.Accordingly, the secretaries who served in these three Ministries;01. Ministry of Defence – Retired General Kamal Gunaratne 02. Ministry of […]
Sri Lanka: Declaration by High Representative on behalf of EU on latest developments
The European Union (EU) and its 27 Member States are monitoring closely developments in Sri Lanka. The EU condemns the recent vicious attack against peaceful protestors in Colombo, which triggered further violence after a month of peaceful demonstrations had shown, despite some isolated incidents, that Sri Lankans are able to exercise peacefully their right to […]
Joint Chambers call for appointment of interim PM and cabinet
Joint Chambers together with Institute of Chartered Accountants of Sri Lanka call upon the President to take immediate steps to appoint a competent person as the interim Prime Minister and a small Cabinet of Ministers to be appointed in consultation with the Prime Minister acceptable to all leading political parties represented in Parliament. This must […]
IGP orders CID to probe attack on “Temple Trees and Galle Face Green”
The Inspector General Of Police has ordered the Criminal Investigations Department to immediately initiate investigations into the incident in which a group of supporters of former Prime Minister Mahinda Rajapaksa attacked protesters outside Temple Trees at “Mainagomama” and then at Galle Face Green’s “Gotagogama” on Monday. Police said a group of people who had come […]
Sri Lanka PM steps down triggering cabinet resignations following month long protests
Cabinet Ministers have begun to resign following the resignation of the Prime Minister Mahinda Rajapaksa from his post. Channa Jayasumana and Widura Wickramanayake had already tendered their resignation to the President, sources confirmed. Meanwhile, President Gotabaya Rajapaksa has strongly condemned the violent acts taking place in parts of the country right now by those ‘inciting […]
“Export outlook dims amidst economic challenges” latest CCC-USAID export barometer survey says
Findings from the latest bi-annual Export Barometer Survey indicate that exporters are losing confidence in the industry’s outlook, as firms face mounting challenges posed by increasing local and global economic risks. This survey was conducted by the Ceylon Chamber of Commerce (CCC) and the United States Agency for International Development (USAID)’s Partnership for Accelerating Results […]
Cipla together with SLCP and Big Life magazine to mark World Asthma Day with charity cycle ride on May 7th
The Big Life magazine in partnership with Cipla, a leading pharmaceutical company has organized a fun cycle ride on Saturday, May 7th. to mark World Asthma Day 2022. The ride will commence between 8 and 9 am from NCC, Maitland Place, Colombo 07 and is scheduled to conclude at 10.30am at the grounds. The events’ […]
Sampath Bank strengthens its strategic partnership with Paycorp International
Sampath Bank PLC announced that its connection to UnionPay International (UPI) is now complete and that the Sampath Bank Payment Gateway powered by UnionPay 3DS 2.0 is open for business. Having thus strengthened its strategic commercial partnership with Paycorp International (Private) Limited (Paycorp International), a wholly-owned subsidiary of Bancstac (Bancstac), this latest development provides Sampath […]
European Union gives Rs.60Mn in grants to support small tourism businesses
The Delegation of the European Union in Sri Lanka (EU) and the Sri Lanka Tourism Development Authority (SLTDA) awarded the first three grants – worth 1 million rupees each – to small tourism enterprises to help them accelerate their post COVID recovery and build a stronger base for growth as tourists start returning to the […]
Joint Chambers call for repeal of 20th amendment in letter to President
Sri Lanka’s Joint Chambers of Commerce in a letter addressed to President Gotabaya Rajapakse has requested action to be initiated to repeal the 20th amendment to the constitution. The full text of the letter follows….. Letter by the Joint Chambers to H E the President Your Excellency, Current Economic and Political Situation The Private Sector, as […]