Category: Other
Advisory on fraudulent IT-related job offers in Thailand
The Sri Lanka Mission in Thailand has noticed recently that Sri Lankan nationals are being lured for employment in Thailand particularly for the positions in the Information Technology (IT) sector by dubious IT firms involved in call-centre scams and crypto currency fraud. Victims are illegally taken across the border from Thailand mostly into Myanmar and […]
Opportune time for foreigners to invest in an apartment: RIUNIT
The Research Intelligence Units suburban apartment price index for February reveals that the apartment prices are continuing to decline in USD terms making it an opportune time for foreign investors. However, this is not the case when the prices are calculated in LKR terms, RIUNIT says.According to the latest RIUNIT data, suburban average apartment price […]
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 […]
TISL Welcomes Anti-Corruption Bill, but Flags Two Major Concerns
The proposed Anti-Corruption Bill contains several laudable provisions that seek to improve upon the existing anti-corruption legal framework in Sri Lanka, TISL, Deputy Executive Director Sankhitha Gunaratne said. The proposed Anti-Corruption Bill, which seeks to replace the Bribery Act (Chapter 26), the Commission to Investigate Allegations of Bribery or Corruption Act No. 19 of 1994, […]
Proposed Counterterrorism Bill Breaks Government Pledge to End Abuse, says Human Rights Watch
The government of Sri Lanka’s proposed Anti-Terrorism Act would empower the authorities to systematically violate fundamental human rights, Human Rights Watch said today. The government should withdraw the bill and ensure through consultations that any counterterrorism legislation upholds international human rights standards, Human Rights Watch said. The government pledged to adopt an improved law following domestic and international […]
Fuel quota increased from midnight today
President Ranil Wickremesinghe has directed the government to take steps to increase the existing fuel quota from midnight today (04) for the New Year festive season. As previously planned, the Ceylon Petroleum Corporation has ordered and received the required stocks for the increasing fuel requirement for the festival season. Accordingly, the fuel quota for passenger […]
Sri Lanka-Thailand Free Trade Agreement to be signed in first quarter of 2024
The fourth round of negotiations on the proposed Sri Lanka-Thailand Free Trade Agreement (SLTFTA) was held in Colombo from 27 to 29 March 2023. On March 26, a 35-member Thai delegation led by Auramon Supathaweethum, Director General of the Department of Trade Negotiations, arrived in Sri Lanka for the fourth round of talks. The Sri […]
‘s biography launched in Colombo
The biography of the late Editor of The Sunday Leader Lasantha Wickrematunge, Unbowed & Unafraid was launched today by his ex-wife Raine Wickrematunge, at an event held at the Sri Lanka Foundation Institute. The welcome address was delivered by Lasantha Wickrematunge’s niece, journalist Raisa Wickrematunge, followed by the keynote address by Peter D’ Almeida and […]
Sri Lanka’s First-Ever Agripreneur Conference to be Organised by Sri Lanka Agripreneurs’ Forum
Sri Lanka Agripreneurs’ Forum (SLAF) in collaboration with Hatton National Bank (HNB), and MBA Alumni Association of the University of Colombo (MBAAA) organizes the first-ever conference for agripreneurship in Sri Lanka, The Agripreneur Conference 2023 under the theme of “empowering agripreneurs for a world of abundance”. It will be held on the 30th of March […]
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 […]
HC Moragoda meets Indian Finance Minister; discussions about Indian Rupee trade expansion
Sri Lanka’s High Commissioner to India Milinda Moragoda met with the Minister of Finance and Corporate Affairs of India Smt. Nirmala Sitharaman in New Delhi on 22 March 2023. This was the latest of a series of meetings High Commissioner Moragoda has had with Minister Sitharaman since November 2021 on Indian economic cooperation and assistance to […]