Tribute: My Close Association with Merrill J. Fernando

July 20, 2023 (LBO) – By: Ranjit Hulugalle Below are some anecdotes from my close association with Merrill Fernando, especially in the UK between 2000 and 2004. As one gets older, life becomes rather blurred, especially when one has worked for 45 years in three continents and in half a dozen vocations. Sadly I don’t […]

‘s Rice Sector

The Food and Agriculture Organization of the United Nations (FAO), in collaboration with the Department of Agriculture and Mahaweli Authority in Sri Lanka (MASL), is taking crucial steps, supported by funding from the European Union (EU), to address the threat to food security caused by two consecutive seasons of poor harvests in 2021-2022. With a […]

Sri Lanka Insurance expands its presence to Wattegama

Sri Lanka Insurance – opens its Wattegama Agency Business Development Center (ABDC) on the 14th of July at No. 73/C, Kandy Road, Wattegama.  The occasion was graced by Mr. Lalith De Silva Head of Distribution – General Insurance, Mr. Jagath Welgama Assistant General Manager/Head of National Sales (Life), the management team of the Sri Lanka […]

A Plastic Recycling Center Opens in Kaduwela

The Kaduwela Municipal Council opened the first of four Plastic Recycling Centers at 567/3, Yashodara Mawatha, Dedigamuwa as a pilot to improve standards in plastic waste collection and apply environment, health, and safety best practices. The Plastic Recycling Centers, supported under United States Agency for International Development (USAID) Clean Cities Blue Ocean activity will sort, […]

TEDxColombo: Inspiring Sri Lanka with Unconventional Perspectives

TEDxColombo, the esteemed annual gathering and one of the oldest and largest TEDx events in Sri Lanka, is thrilled to announce its highly-anticipated 12th edition, set to captivate audiences with an exceptional lineup of speakers. On August 27, 2023, at the prestigious Monarch Imperial, TEDxColombo will once again ignite minds, foster deep discussions, and inspire […]

Tushara Jayaratne appointed Deputy Director General of SEC

The Securities and Exchange Commission of Sri Lanka (SEC) announces the appointment of Tushara Jayaratne as the Deputy Director General of the SEC. With a career spanning over 28 years in the Capital Market of Sri Lanka, Jayaratne has a wealth of experience both at the Colombo Stock Exchange and the SEC.At the CSE, he […]

Sri Lanka to introduce reforms on insolvency laws

The Cabinet has approved a joint proposal presented by the President and the Minister of Justice, Prison Affairs, and Constitutional Reform to authorize the Law Commission to prepare a preliminary draft of the insolvency laws within a period of three (03) months after consultation with the relevant parties. Reforms in the insolvency laws for unincorporated […]

Foreign Minister Ali Sabry to participate at World Economic Forum in China

Foreign Minister Ali Sabry will lead a delegation to participate at the World Economic Forum to be held in Tianjin, China from 27 to 29 June 2023. The Forum themed ‘Entrepreneurship: The Driving Force of the Global Economy’, will provide a platform for dialogue among political and business leaders from over 90 countries across the […]

CA Sri Lanka launches new code of conduct and ethics for mid-level accountants

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently introduced a new code of conduct and ethics for mid-level professional accountants in yet another ground-breaking initiative to promote the highest standards of integrity and ethics within the accounting profession. The code which is applicable to both Certified Business Accountants (CBA) and Certified […]

247th anniversary of America’s Declaration of Independence celebrated in Sri Lanka

United StatesAmbassador to Sri Lanka Julie Chung hosted an event in Colombo on June 22 to mark the 247th anniversary of America’s Declaration of Independence.  Ambassador Chung took the opportunity to also highlight the anniversary of 75 years of a strong and enduring partnership between the United States and Sri Lanka. Minister of Foreign Affairs Ali […]

Zambia reaches debt treatment agreement with its official creditors including China, India, Saudi Arabia & Paris Club

Following the announcement of an agreement being reached by Zambia and its official creditors under the Group of 20 Common Framework, Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement today: “I warmly welcome Minister of Finance Situmbeko Musokotwane’s announcement that the Zambian authorities have reached an agreement with their […]

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