Category: Featured

Proposed anti-Corruption Bill fails in recovery of stolen assets in foreign jurisdiction

Opposition MP Eran Wickramaratne alleged that the government is hiding behind the fact that the country has laws such as the Money Laundering Law of 2006, Financial Transaction Reporting Act of 2006 and Mutual Legal Assistance & Criminal Law of 2002 – without including more comprehensive measures to combat corruption and to recover stolen assets […]

Dialog enterprise becomes VMware sovereign cloud provider in South Asia

Dialog enterprise becomes VMware sovereign cloud provider in South Asia

Dialog Enterprise, the corporate ICT solution arm of Dialog Axiata PLC, announced it has become a VMware Sovereign Cloud Provider in South Asia. The announcement was made at a recent event held at Shangri-La Colombo, which was attended by many ICT professionals from major corporations across various industries that fuel Sri Lanka’s economy.  A sovereign […]

3 ways to make social protection work for Sri Lanka’s poor and vulnerable: WB

3 ways to make social protection work for Sri Lanka’s poor and vulnerable: WB

One-fourth of Sri Lankans are living in poverty, yet more than 50% are not covered by social protection schemes Fragmentation and poor governance have resulted in an inefficient social protection system Increased transparency, inclusion, adaptability, and accountability mechanisms such as citizen engagement are essential for building a better social protection system The COVID-19 pandemic and […]

Port City Colombo undertakes coral reef conservation amid environmental challenges

Port City Colombo, which extends from the Central Business District of Colombo, showcases a profound commitment to environmental preservation through the development of extensive coastal and marine habitats. A significant testament to this is a flourishing coral reef along the city’s 3.7km-long artificial breakwater. This thriving reef forms part of a wider reef conservation initiative […]

population traffic

CMTA raises concerns about disparities in import regulations and policies

The Ceylon Motor Traders Association (CMTA), one of the longest standing automotive associations in South Asia, has recently raised concerns regarding the fairness of current import regulations, shedding light on the importation of extravagant items such as televisions and mobile phones, while essential necessities such as a motorcycle remains restricted. The CMTA emphasizes the need […]

“Top50” Professional and Career Women Awards 2023 spotlights inspiring women

The highly anticipated “Top50” Professional and Career Women Awards 2023, organized by Women in Management (WIM) in partnership with Women in Work, a collaboration between the International Finance Corporation (IFC) and the Government of Australia, successfully concluded, honouring exceptional women from Sri Lanka and the Maldives who have made remarkable contributions to their respective fields. […]

FM-DINESH-UNHRC

Premier praises British Envoy’s efforts to promote UK-Sri Lanka ties

Prime Minister Dinesh Gunawardena thanked the outgoing High Commissioner of the United Kingdom Sarah Hulton for her persistent efforts to strengthen friendly relations between Sri Lanka and UK. He said this when the High Commissioner paid a farewell call on him at the Temple Trees Monday. The Prime Minister said that the untiring efforts of […]

investments

Role of alternative financing mechanisms to address Sri Lanka’s debt overhang

By Imesha Dissanayake The common path followed by almost all IMF member countries in response to sovereign debt crises in recent decades, is to enter into an IMF supported stabilisation and structural adjustment programme. Sri Lanka has been a country that has followed this trend repetitively, having entered into 16 economic stabilisation programmes during 1965-2020, […]

BNI National Conference in Colombo honors members at awards ceremony

BNI Sri Lanka – the local branch of the world’s largest referral networking organisation, BNI (Business Network International) – is celebrating the success of its first ever large- scale event in the country. The National Conference titled “Building a global Sri Lanka. Networking the way forward,” was headlined by Founder & Chief Visionary Officer of […]

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