Category: Other
Uncovering the human element in ESG at Kelani Valley Plantations;Report
The challenge of driving meaningful progress in Environmental, Social and Governance (ESG) standards hinges on people more than it does processes or policies. That is why organisations that can understand the human element in driving change tend to set the pace in their respective industries. As a true pioneer among Sri Lanka’s Regional Plantation Companies […]
Commercial plantations urge immediate Government action to prevent industry’s demise
The Government’s failure to allocate fuel quotas to the Regional Plantation Companies (RPCs), together with continuous power disruptions and uninformed policymaking, is bringing Sri Lanka’s commercial plantations to a standstill. Due to the lack of fuel, all leaf and latex transport operations have been severely impacted and there is insufficient fuel to operate standby generators. Accordingly, […]
Rambukkana incident: BASL calls for an independent investigation
The Bar Association of Sri Lanka (BASL) calls for an independent investigation of the Rambukkana incident and says the Government must ensure that the police and armed forces act with utmost restraint in the light of the genuine grievances of protesters. “The BASL is shocked and saddened at the loss of life in the incident […]
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 […]
India supports Sri Lanka in expediting Extended Fund Facility with IMF
India will fully support the deliberations of Sri Lanka with the IMF, especially on the special request made for expediting an Extended Fund Facility (EFF), the Finance Minister of India Nirmala Sitharaman affirmed. The top-level Indian Economic delegation met with Finance Minister Ali Sabry at the IMF Headquarters – in Washington DC on the 18th […]
17 new Cabinet Ministers sworn in before President
17 new Cabinet Ministers were sworn in before President Gotabaya Rajapaksa at the President’s House in Colombo, today (18). They are: Dinesh Gunawardena – Public Administration, Home Affairs, Provincial Councils and Local Government Douglas Devananda – Fisheries Dr. Ramesh Pathirana – Education, Plantation Industries Prasanna Ranatunga – Public Security, Tourism Dilum Amunugama – Transport, Industries […]
BASL calls upon Govt to desist from taking any steps to disrupt peaceful protests
The Bar Association of Sri Lanka (BASL) calls upon the Government to desist from taking any steps whatsoever to disrupt what is a legitimate exercise of the freedom of dissent of the people. Issuing a statement, the association said that they received credible information from its members of a number of police trucks being moved […]
How is an economic crisis affecting people?
People across Sri Lanka are struggling to get hold of daily essentials as the country faces its worst economic crisis in decades. Sri Lanka is mired in public debt after revenue from tourism evaporated in the wake of the coronavirus pandemic. With the country’s foreign currency reserves dwindling and foreign debt payments around the corner, […]
Ready to join interim government on condition of rebuilding economy: SJB tells government
Samagi Jana Balawege MP Eran Wickremaratne stated in Parliament today that if the Prime Minister agrees to the proposal to abolish the executive Presidency, as intimated in Parliament, the main opposition is ready to join an interim government at the invitation of the government and take up the responsibility of reviving the economy tomorrow. The […]
‘ Association
The Colombo Tea Traders’ Association established in 1894 is the apex private sector body comprising of all Stakeholders namely Growers, Manufacturers, Brokers and Buyers/Exporters. The Industry supports the livelihood of over 2 million people and is pivotal in sustaining the key areas in the rural economy. Sri Lanka exports over 90% of its annual production […]
President invites all political parties to accept ministerial portfolios
President Gotabaya Rajapaksa invited all political parties to come together to find solutions to the ongoing national crisis.The current crisis is a result of several economic factors and global developments. As one of the leading democratic countries in Asia, solutions should be found to this within a democratic framework.Considering this a national need, the time […]
Revenue from export of minor crops last year USD 450Mn: Plantation to report USD 600Mn
Plantation Minister Dr. Ramesh Pathirana says the country earned US 450 million dollars from the exportation of minor export crops including cinnamon, pepper and cardamom. He also said that the plantation sector is expected to earn around US $ 600 million this year. He was speaking at the opening of the Spice House and the […]