Category: Other
Sri Lanka assumes Chair of Indian Ocean Rim Association (IORA) at 23rd Council of Ministers in Colombo
Sri Lanka assumed the chairmanship of the Indian Ocean Rim Association (IORA) at the 23rd IORA Council of Ministers which concluded in Colombo on 11 October 2023. Foreign Minister Ali Sabry chaired the meeting. Sri Lanka is a founding member of IORA which was established in 1997, and previously served as its Chair from 2003 to 2004. […]
CICT crowned best container terminal of its capacity in Asia for 7th consecutive year
Beats terminals in China, Indonesia and Thailand to win coveted AFLASaward in Under 4 million TEUs category Colombo International Container Terminals (CICT) has been declared the Best Container Terminal in Asia in 2023 in the Under 4 million TEUs category, winning the coveted title for the seventh consecutive year. CICT’s impressive triumph on the global […]
Harsha proposes tax reforms to relieve burden on middle class and professionals
MP Harsha de Silva’s Tax Reform Proposal: Simplify PAYE tax structure and introduce surcharge.Surprising Revenue Figures: PAYE collection surpasses expectations, while PIT falls short.Inequality in Tax Burden: Current system disproportionately impacts middle-class professionals.MP’s Evidence-Based Approach: Proposed reforms aim to balance government revenue and reduce the tax burden.Combatting Tax Fraud: Efforts to address LKR 60 billion […]
Supreme Court Allows TISL to Intervene in X-Press Pearl Case
Earlier this year, Transparency International Sri Lanka (TISL) filed an intervention petition in the Supreme Court, seeking permission to intervene in Case No. SC/FR 168/2021, which was filed by the Centre for Environmental Justice seeking fair compensation for the victims of the XPress Pearl disaster. The Attorney General strongly objected to the intervention. Today (6th […]
Sri Lanka to take over Chair of Indian Ocean Rim Association; Ministers meet in Colombo next week
Ministers of Foreign Affairs of the Indian Ocean Rim Association (IORA) as well as other senior Ministers of IORA Member States and Dialogue Partners will arrive in Sri Lanka next week for the 23rd IORA Council of Ministers which Sri Lanka is hosting on 11 October 2023 in Colombo. The Council of Ministers meeting in […]
‘s 16-point prescription for reform
In a scathing indictment of Sri Lanka’s governance landscape, the International Monetary Fund (IMF) has handed down a damning verdict. MP Harsha de Silva, speaking at Wednesday’s parliament session, highlighted the gravity of the situation as he discussed the contents of the IMF’s Governance Diagnostic Assessment report. Verdict is clear: corruption has permeated every level […]
‘CTO – the Psychologist’: A role banking tech leaders must master to ensure digital change
By Janaka Ediriweera Dr. Corrie Block, an Organizational Behavior Expert and a business coach in the UAE, asks, ‘If you were to go in for heart surgery, buy a new car, or say your wedding vows to someone knowing that there was an 84% chance of failure…would you even bother?’ He uses this metaphor to […]
Website of Sri Lanka’s control body for Organic Agriculture unveiled
Sri Lanka’s control body for organic agriculture – the National Organic Control Unit (NOCU), operating under the aegis of the Sri Lanka Export Development Board (EDB), has taken a significant step towards promoting and regulating Sri Lanka’s organic agriculture sector with the launch of its official website – www.nocu.lk. This website development was done through […]
Iranian President proposes early convening of Joint Economic Commission
President Ranil Wickremesinghe met with Ebrahim Raisi, President of the Islamic Republic of Iran on the sidelines of the UNGA in New York yesterday (20/09). President Wickremesinghe referred to the longstanding close cooperation with Iran and the mutual support extended by both countries to each other over the years. He conveyed appreciation for the assistance […]
‘s online safety bill: Regressive overreach stifling investment and freedom of speech
● Tech Investment Threatened: Risk of deterring tech investments in Sri Lanka. Draconian Legislation: An archaic and draconian bill that overreaches. ● Truth Determination: Commission to decide truth and falsehood – a questionable move. ● Global Tech Giants: Major tech companies unlikely to accept such laws. ● Lacking Foresight: Ignoring future tech advancements like AI. ● Investment vs. Freedom: The contradiction between investment and freedom of […]
Eran asks, Can politicians always deceive the people?
Looking back at the recent history of Sri Lanka, the Rajapaksas have deceived this country and the people for power, over and over, using different tactics. In 2005, placing national security first, in 2010, on the basis of sympathy showing the electric chair, and in 2015, Mahinda campaigned presenting a concrete desert as development. 2019 […]
Tea Exporters Association Highlights Resilient Tea Industry Amidst Global Challenges
The 24th Annual General Meeting (AGM) of the Tea Exporters Association (TEA) was held on the 1st of September 2023, amidst the presence of industry stakeholders and esteemed guests. The AGM, which took place at the Grand Marquee, Taj Samudra, showcased the resilience of the Sri Lankan tea industry amidst global challenges. Vimalendra Sharan, FAO […]